Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Trading gains for big U.S. banks may not last past first quarter
By Imani Moise and David Henry NEW YORK (Reuters) - Big U.S. banks made a pretty penny in trading during the first quarter as the coronavirus pandemic caused wild market swings, analysts said, but tho...
Apr 13, 2020
China says willing to study African debt relief jointly with international community
BEIJING (Reuters) - China said on Monday it is aware of calls for a debt relief program for African countries, and is willing to study the possibility with the international community. China's Ministr...
Apr 13, 2020
‘Force of nature’ Georgieva leads IMF through coronavirus storm
By Andrea Shalal WASHINGTON (Reuters) - Bulgarian economist Kristalina Georgieva is emerging as a powerful voice for the poor, as the coronavirus pandemic that has plunged the world into recession thr...
Apr 13, 2020
‘Elbow to elbow:’ North America meat plant workers fall ill, walk off jobs
By Tom Polansek and Rod Nickel CHICAGO/WINNIPEG, Manitoba (Reuters) - At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to prote...
Apr 13, 2020
Fed’s Clarida says central bank has tools to avoid deflation: BBG
WASHINGTON (Reuters) - The coronavirus shock to the economy won't push the United States into a damaging bout of deflation given the Fed's response and power to do more, Fed vice chair Richard Clarida...
Apr 13, 2020
Global footwear group’s Vietnam operations suspended for two days
HANOI (Reuters) - Pou Chen Corp , the world's largest manufacturer of branded athletic and casual footwear for the likes of Nike and Adidas , has been ordered to suspend production at its Pouyuen Viet...
Apr 13, 2020
AutoNation CEO Cheryl Miller on leave for health reasons
(Reuters) - AutoNation Inc , the largest U.S. auto dealership chain, said on Monday Chief Executive Officer Cheryl Miller has been granted a leave of absence for health reasons. The company said it ha...
Apr 13, 2020
SoftBank sees $16.5 billion full year Vision Fund loss
TOKYO (Reuters) - Softbank Group Corp said on Monday it expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen ($16.5 billion) in the financial year ended March due to the deteriorati...
Apr 13, 2020
Emirates to operate limited passenger services to U.S., Asia, North Africa
DUBAI (Reuters) - Dubai's Emirates said on Monday it planned to operate limited passenger services to Algiers, Tunis, Jakarta, Manila, Taipei, Kabul and Chicago. It did not say when the flights would ...
Apr 13, 2020
Futures retreat as focus turns to corporate earnings
By Medha Singh (Reuters) - U.S. stock index futures declined more than 1% on Monday after a strong rally last week, with investors bracing for the earnings season for further evidence of the coronavir...
Apr 13, 2020
