Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Trump says OPEC has not asked him for a U.S. oil production cut
By Jeff Mason WASHINGTON (Reuters) - President Donald Trump said on Monday that OPEC had not pressed him to ask U.S. oil producers to reduce their output to support global prices, which have been hard...
Apr 06, 2020
Mexican auto lobby says 90 days not enough to meet USMCA rules
MEXICO CITY (Reuters) - Mexican auto industry group AMIA said on Monday that 90 days is not enough time for the sector to adapt its supply chains to meet the rules of origin requirements in the United...
Apr 06, 2020
S&P revises outlook on Illinois’ credit rating to negative on virus concerns
CHICAGO (Reuters) - Illinois became the first state to get a negative rating outlook in the wake of the coronavirus crisis, which will put the state's finances and economy under pressure, an S&P G...
Apr 06, 2020
Cantor Fitzgerald to pay $3.2 million to settle charges on deficient ‘blue sheet data’: U.S. SEC
By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday that Cantor Fitzgerald agreed to pay $3.2 million to settle charges it provided inaccurate and inco...
Apr 06, 2020
Boeing suspending 787 production at South Carolina plant
WASHINGTON (Reuters) - Boeing Co said on Monday it will temporarily suspend production of its 787 airplane at its facilities in South Carolina amid the coronavirus pandemic. The announcement came afte...
Apr 06, 2020
OPEC+ likely to agree to cut production if U.S. joins effort: sources
By Rania El Gamal, Alex Lawler and Katya Golubkova DUBAI/LONDON/MOSCOW (Reuters) - Major oil producers including Saudi Arabia and Russia are likely to agree to cut production at a Thursday meeting but...
Apr 06, 2020
Airbnb to get $1 billion investment from Silver Lake, Sixth Street Partners
(Reuters) - Airbnb said https://news.airbnb.com/silver-lake-sixth-street-partners-invest-1-billion-in-airbnb on Monday investment firms Silver Lake and Sixth Street Partners will invest $1 billion in ...
Apr 06, 2020
Lufthansa to discuss permanently grounding Germanwings: sources
FRANKFURT (Reuters) - Lufthansa will discuss permanently grounding its Germanwings low-cost airline unit at a management board meeting on Tuesday, two sources familiar with the matter told Reuters. It...
Apr 06, 2020
U.S. government platform for small business relief claims crashes: banking sources
WASHINGTON (Reuters) - The platform the U.S. Small Business Administration uses to process relief loan applications from small businesses crashed for several hours Monday, according to three banking s...
Apr 06, 2020
Hit by coronavirus, Fiat Chrysler, Peugeot seek to boost cash before merger consummation
By Pamela Barbaglia, Giulio Piovaccari and Gwnalle Barzic LONDON/MILAN/PARIS (Reuters) - With their sales hammered by the coronavirus outbreak, car makers Fiat Chrysler and Peugeot's owner PSA have po...
Apr 06, 2020
