Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

(Reuters) - Gap Inc on Thursday reported a 43% fall in first-quarter sales, as the apparel retailer was forced to close its stores due to the COVID-19 pandemic. Net loss came in at $932 million, or $2...

(Reuters) - Slack Technologies Inc beat first-quarter revenue estimates on Thursday on strong demand for its workplace messaging app, as companies rapidly adapt to remote work amid social distancing p...

By Suzanne Barlyn (Reuters) - U.S. trade credit insurers have approached the U.S. Treasury Department and Federal Reserve seeking financial backing for claims payments to support business supply chain...

CHICAGO (Reuters) - American Airlines Group Inc told employees on Thursday that 14 officers will be as leaving the company as part of leadership changes in which another five officer positions will no...

NEW YORK (Reuters) - A federal judge on Thursday rejected Bernard Madoff's request to be released early from prison, after the convicted swindler said he was dying of kidney failure. Circuit Judge Den...

BUENOS AIRES (Reuters) - Argentina's industrial output crashed 33.5% in April compared with the same month last year, the government's statistics office said on Thursday, as the lockdown that started ...

LISBON (Reuters) - Portugal's government expects the economy to contract 6.9% this year due to the impact of the coronavirus pandemic, Prime Minister Antonio Costa said on Thursday. While presenting a...

(Reuters) - Infrastructure group Stobart said on Thursday it would exit its rail and civil engineering business this fiscal year under a plan to offset a hit from the coronavirus crisis as it posted a...

By Svea Herbst-Bayliss BOSTON (Reuters) - Hedge fund WorldQuant hired computer scientist Yoram Singer, a former principal scientist at Google , as its chief AI scientist as Wall Street races to use ma...

LISBON (Reuters) - Portugal will extend its suspension of loan repayments by another six months until March so as to avoid an expected jump in bad debt as a result of the crisis caused by the coronavi...