Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mnuchin says will consider more direct payments in next U.S. coronavirus aid bill
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday that he "definitely" believes another coronavirus aid bill is needed to assist U.S. recovery and will look seriously at ...
Jun 10, 2020
Boeing aims to conduct key 737 MAX certification flight in late June: sources
WASHINGTON (Reuters) - Boeing Co is aiming to conduct a key certification test flight on its grounded 737 MAX in late June, two people briefed on the matter said. The 737 MAX has been grounded since M...
Jun 10, 2020
Euro break-up bet sours again on Swiss franc speculators
By Elizabeth Howcroft and Ritvik Carvalho LONDON (Reuters) - Bets that pushed the Swiss franc to a five-year high as the coronavirus crisis revived euro break-up fears have gone spectacularly sour, th...
Jun 10, 2020
Walmart’s Mexico business set to absorb two internal units
MEXICO CITY (Reuters) - The Mexican unit of U.S. retailer Walmart said on Wednesday a shareholder meeting would discuss the absorption of two internal units, Holding de Restaurantes y Servicios and Ti...
Jun 10, 2020
U.S. air passengers fell 96% in April to historic low: government
WASHINGTON (Reuters) - U.S. airlines carried 3 million passengers in April, a staggering 96% decline amid the coronavirus pandemic and flight restrictions, the Transportation Department said Wednesday...
Jun 10, 2020
American Airlines CEO says burning less cash but demand outlook still uncertain
CHICAGO (Reuters) - American Airlines Chief Executive Doug Parker said on Wednesday that he expects a daily cash burn of about $40 million in June, down from a previous forecast of $50 million per day...
Jun 10, 2020
Brazil’s BRF closes Rio Verde meat plant as it tests workforce for coronavirus
SAO PAULO (Reuters) - Brazil's largest chicken processor BRF SA has closed its Rio Verde plant in Goias state since last Friday as it tests the workforce for coronavirus, the company said in a stateme...
Jun 10, 2020
Just Eat Takeaway in advanced talks to buy Grubhub
(Reuters) - European food ordering firm Just Eat Takeaway.com NV said on Wednesday it was in advanced talks to buy Grubhub Inc in an all-stock deal. Grubhub was also approached by ride-hailing firm Ub...
Jun 10, 2020
UAE economy to contract by 3.6% this year, central bank says
DUBAI (Reuters) - The United Arab Emirates (UAE) economy is likely to contract by 3.6% this year after economic activity slowed because of the coronavirus pandemic, the central bank said on Wednesday....
Jun 10, 2020
Goldman Sachs forms fund to address racial injustice
(Reuters) - Goldman Sachs Group Inc said on Wednesday it had launched a $10 million fund to support the work of organizations addressing racial injustice, structural inequity and economic disparity. T...
Jun 10, 2020
