Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coming next from the Fed: How much for Main Street?
By Howard Schneider WASHINGTON (Reuters) - The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could...
Apr 08, 2020
Fed says modifying Wells Fargo asset cap so bank can make more small business loans
WASHINGTON (Reuters) - The U.S. Federal Reserve said on Wednesday it would "temporarily and narrowly" modify the growth restriction on Wells Fargo & Co's asset cap so the bank can make more loans ...
Apr 08, 2020
Fed’s Evans says he hopes for recovery to start in second half
SAN FRANCISCO (Reuters) - Employment and output will drop sharply this quarter, Chicago Federal Reserve Bank President Charles Evans said Wednesday, but if government programs are successful in gettin...
Apr 08, 2020
Factbox: Global economic policy response to coronavirus crisis
LONDON (Reuters) - Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored by the coronavirus pandemic. The G20...
Apr 08, 2020
Nordstrom temporarily shutters headquarters on coronavirus fears
(Reuters) - Nordstrom Inc has temporarily shut down its corporate headquarters in Seattle due to the spread of the coronavirus in the area, the retailer said in a filing on Wednesday. The department s...
Apr 08, 2020
Ferrari to pilot employee screening for coronavirus: Elkann
MILAN (Reuters) - Luxury group Ferrari will pilot a project to conduct voluntary screening of employees and their families to better fight the novel coronavirus outbreak, the head of holding group Exo...
Apr 08, 2020
Irish coronavirus-hit firms can tap extra 1 billion euros of liquidity
DUBLIN (Reuters) - Ireland has made an additional 1 billion euros in liquidity support available to firms reeling from the coronavirus lockdown of the economy, Business Minister Heather Humphreys said...
Apr 08, 2020
Exclusive: Venezuela gasoline shortages worsen as U.S. tells firms to avoid supply – sources
By Marianna Parraga, Luc Cohen and Matt Spetalnick (Reuters) - Gasoline shortages in Venezuela are worsening after U.S. officials have told foreign firms to refrain from supplying the fuel to the sanc...
Apr 08, 2020
U.S. crude and fuel stocks soar as demand craters due to pandemic: EIA
By David Gaffen (Reuters) - U.S. crude oil stockpiles soared while fuel demand slumped last week, each by their most in one week ever, government data showed on Wednesday, as the U.S. oil industry fel...
Apr 08, 2020
Exclusive: Second India coronavirus stimulus to focus on aid to small business
By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) - A second stimulus package India is poised to announce in coming days will be worth around 1 trillion rupees ($13 billion) and focus on help for sma...
Apr 08, 2020
