Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. judge puts Amazon challenge to Pentagon JEDI contract on hold
By David Shepardson WASHINGTON (Reuters) - A U.S. judge on Friday put on hold a suit by Amazon.com Inc challenging the Pentagon's decision to award a $10 billion contract to Microsoft Corp . Judge Pat...
Apr 17, 2020
Argentina pushes maturities back to 2030 and beyond with external debt revamp
By Eliana Raszewski and Cassandra Garrison BUENOS AIRES (Reuters) - Argentina laid out details of its external bond restructuring offer on Friday, which would involve pushing maturities back to 2030 a...
Apr 17, 2020
Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale – sources
By Joshua Franklin and Greg Roumeliotis (Reuters) - Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a s...
Apr 17, 2020
Main Street bailout rewards U.S. restaurant chains, firms in rural states
By Andy Sullivan, Howard Schneider and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) - Over two frantic weeks, the U.S. government pledged $350 billion to Main Street businesses across America despera...
Apr 17, 2020
Trump says U.S. farmers to receive $19 billion for coronavirus mitigation
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday announced a $19 billion relief program to help farmers cope with the impact of the coronavirus pandemic through a package that will include...
Apr 17, 2020
Pemex slides into junk as Moody’s cuts Mexico credit rating
By Stefanie Eschenbacher MEXICO CITY (Reuters) - Ratings agency Moody's on Friday downgraded Mexico's credit rating due to the country's poor economic outlook and cut the debt of state oil firm Pemex ...
Apr 17, 2020
Virgin Atlantic told to resubmit proposal for bailout package: FT
(Reuters) - Virgin Atlantic has been told to resubmit its proposal for a 500 million pound ($625.35 million) coronavirus bailout package after the UK government was left unimpressed with its initial b...
Apr 17, 2020
U.S. bailout watchdog vows to scrutinize share buybacks, dividends
By Pete Schroeder WASHINGTON (Reuters) - An official charged with overseeing how the U.S. government handles $500 billion in bailout funds said on Friday he will also monitor how companies use the cas...
Apr 17, 2020
Fed waives insider dealing rule for Paycheck Protection Program loans
WASHINGTON (Reuters) - The Federal Reserve on Friday waived restrictions on insider dealing for the popular Paycheck Protection Program loans, saying rules against banks lending to directors and share...
Apr 17, 2020
Trump’s coronavirus reopening plan has big holes, health experts say
By Ann Saphir SAN FRANCISCO (Reuters) - The U.S. economy has imploded in the past month amid aggressive measures to slow the spread of the novel coronavirus, with 22 million people filing for unemploy...
Apr 17, 2020
