Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
KKR sets up $50 million international coronavirus relief fund
By Chibuike Oguh (Reuters) - KKR & Co Inc has established a $50 million global relief fund to help people affected by the new coronavirus, according to a letter the U.S. private equity firm sent t...
Apr 07, 2020
Airbnb to terminate $1 billion credit facility after private equity deal: sources
By Joshua Franklin (Reuters) - Airbnb Inc is planning to terminate a $1 billion credit facility following an investment of the same amount it secured from private equity firms Silver Lake and Sixth St...
Apr 07, 2020
Trump says $70 billion in coronavirus rescue loans authorized. But where’s the cash?
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) - Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in ...
Apr 07, 2020
Amazon to suspend delivery service competing with UPS, FedEx: WSJ
(Reuters) - Amazon.com Inc has put on hold a new delivery service that competes with UPS and FedEx, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Amazon is suspe...
Apr 07, 2020
Buffett’s Geico offers $2.5 billion credits as coronavirus cuts driving
By Jonathan Stempel (Reuters) - Geico Corp, part of billionaire Warren Buffett's Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcyc...
Apr 07, 2020
Wall Street volatility raises fears of another selloff
By Noel Randewich (Reuters) - The evaporation of a rally on Wall Street in the closing minutes of Tuesday's session shows that many investors fear the U.S. stock market is in danger of a renewed tumbl...
Apr 07, 2020
Jack Dorsey pledges $1 billion of his Square equity for COVID-19 relief efforts
(Reuters) - Square Inc and Twitter Inc chief executive officer Jack Dorsey said on Tuesday that he pledged $1 billion of his equity in the payments processor toward efforts aimed at fighting the coron...
Apr 07, 2020
Amazon piloting disinfectant fog at New York warehouse after protests
(Reuters) - Amazon.com Inc told Reuters it is piloting the use of disinfectant fog starting on Tuesday at a warehouse in Staten Island, New York, within days of protests at the worksite over health co...
Apr 07, 2020
U.S. Treasury liquidity on the mend, but without Fed remains fragile
By Gertrude Chavez-Dreyfuss and Ross Kerber NEW YORK/BOSTON (Reuters) - Some measures of liquidity in the $17 trillion U.S. Treasury market are almost back to normal, thanks to the Federal Reserve's g...
Apr 07, 2020
Cell towers, warehouses look like safe plays in U.S. real estate
By David Randall NEW YORK (Reuters) - Some top-performing U.S. fund managers see opportunities in one of the sectors hardest hit by the coronavirus pandemic, cautiously increasing stakes in niches of ...
Apr 07, 2020
