Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Factbox: Europe eyes world’s biggest fiscal support package against coronavirus
BRUSSELS (Reuters) - European Union governments and institutions are likely to agree on Thursday on steps that could boost the EU's fiscal response to the coronavirus pandemic to 3.2 trillion euros, t...
Apr 08, 2020
U.S. companies criticized for cutting jobs rather than investor payouts
By Alwyn Scott, Ross Kerber, Jessica DiNapoli and Rebecca Spalding NEW YORK/BOSTON (Reuters) - U.S. companies laying off workers in response to the coronavirus pandemic but still paying dividends and ...
Apr 08, 2020
Factbox: Short-time work schemes gain traction in crisis-hit Europe
(Reuters) - European policymakers are pushing short-time work schemes as a way to mitigate the fallout from the coronavirus, emulating a policy tool which helped Germany, Europe's largest economy, rec...
Apr 08, 2020
JetBlue seeks government permission to suspend flying at some airports as demand drops
CHICAGO (Reuters) - JetBlue Airways Corp said on Wednesday it is consolidating flights in five U.S. metropolitan areas into just one or two airports and also asking the U.S. Department of Transportati...
Apr 08, 2020
U.S. Treasury chief says aiming for details of mid-size company loans this week
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday he hoped to announce a new "Main Street" lending program for mid-size companies this week and defended the rollout of a ...
Apr 08, 2020
GM to supply 30,000 ventilators in $500 million U.S. contract
(Reuters) - The United States on Wednesday awarded automaker General Motors Co a contract worth $489.4 million to make ventilators needed to treat severely sick coronavirus patients. The Department of...
Apr 08, 2020
Lebanon import woes deepen as supply chains buckle under coronavirus
By Ellen Francis and Eric Knecht BEIRUT (Reuters) - Lebanon's food importers, already hit by a dollar crunch, have struggled to book new cargoes as the coronavirus pandemic threatens supplies and spar...
Apr 08, 2020
Corona beer maker Constellation to reduce production in Mexico during pandemic
(Reuters) - Constellation Brands Inc , the U.S. distributor of Corona beer, said on Wednesday it would reduce production at its Mexican breweries, just days after it announced they were fully operatio...
Apr 08, 2020
McDonald’s quarterly same-store sales fall more than market expectations
(Reuters) - McDonald's Corp said first-quarter comparable sales declined 3.4%, as the world's largest burger chain had to shutter stores and stick to delivery or take-out due to the coronavirus outbre...
Apr 08, 2020
Constellation Brands cuts back Mexico operations to protect workers
MEXICO CITY (Reuters) - U.S. brewer Constellation Brands has begun reducing operations at its breweries in Mexico to protect its workers in line with government directives to contain the spread of the...
Apr 08, 2020
