Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Facebook must face renewed privacy lawsuit over user tracking
By Jonathan Stempel (Reuters) - A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users' privacy rights by tracking their internet activity even afte...
Apr 09, 2020
Exclusive: U.S. banks prepare to seize energy assets as shale boom goes bust
By David French and Imani Moise NEW YORK (Reuters) - Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on...
Apr 09, 2020
Universal Studios extends theme park closures to at least May 31
LOS ANGELES (Reuters) - Universal Studios said on Thursday it was extending the closure of its theme parks in Florida and California until at least May 31 because of the coronavirus pandemic. "We are ...
Apr 09, 2020
New York Fed purchases $220 million in agency-CMBS out of $948 million offered Thursday
NEW YORK (Reuters) - The New York Federal Reserve purchased $220 million in agency commercial mortgage-backed securities out of the $948 million offered by primary dealers on Thursday. Read more about...
Apr 09, 2020
Fed balance sheet increases to record $6.13 trillion
(Reuters) - The Federal Reserve's balance sheet increased to a record $6.13 trillion this week and the central bank reported greater use of some of its newly launched liquidity facilities, all part of...
Apr 09, 2020
Spain’s finance minister says ‘good deal’ reached in Eurogroup
MADRID (Reuters) - Spain's finance minister Nadia Calvino said on Thursday a "good deal" was reached among European Union countries to address the economic impact of the coronavirus pandemic. "We have...
Apr 09, 2020
BlackRock CEO Larry Fink’s pay fell 8.4% in 2019: filing
By Saqib Iqbal Ahmed NEW YORK (Reuters) - BlackRock Inc , the world's largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4% in 2019, a second straig...
Apr 09, 2020
Canadian youth, women hit hard by massive coronavirus-related job losses
By Kelsey Johnson OTTAWA (Reuters) - Canadian youth and women were particularly hard hit by record-breaking job losses in March, since they were more likely to work in sectors that closed down to prev...
Apr 09, 2020
GM plans to extend shutdown of Brazil auto production by 60 days
SAO PAULO (Reuters) - General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days, the company said on Thursday, as the final batch of unionized workers voted on the au...
Apr 09, 2020
Facebook sues Bangkok resident for selling fraudulent ad tools
(Reuters) - Facebook Inc sued a Bangkok-based Indian man on Thursday for developing and marketing a software to bypass the social network's advertising review process and deliver prohibited ads to use...
Apr 09, 2020
