Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Asian shares poised to climb after Wall Street rallies
By Chris Prentice (Reuters) - Asian markets looked poised on Tuesday to attempt another day of gains after stocks rallied on signs of a slowdown in coronavirus-related deaths, as oil prices resumed th...
Apr 06, 2020
Samsung Electronics says first-quarter profit likely rose 3%, beating estimates
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely rose 3% from a year earlier, slightly beating analysts' forecasts as chip sales helped cushion th...
Apr 06, 2020
Wells Fargo reduces mortgage products amid coronavirus outbreak
By Imani Moise (Reuters) - Wells Fargo & Co , the largest U.S. mortgage lender, is offering fewer home loan products during the coronavirus-fueled economic downturn, a spokesman said on Monday. Th...
Apr 06, 2020
Japan’s real wages rise in February for second straight month
TOKYO (Reuters) - Japan's inflation-adjusted real wages rose for a second straight month in February, official data showed on Tuesday, in a sign of relief for an economy under threat of a deep downtur...
Apr 06, 2020
U.S. lawmakers seek probe of trade in products needed for pandemic fight
WASHINGTON (Reuters) - Citing concerns about severe supply disruptions, senior U.S. lawmakers on Monday called for an expedited investigation by the U.S. International Trade Commission into specific i...
Apr 06, 2020
Trump says considering second round of direct payments to Americans
WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday that a second round of direct payments from the federal government to Americans was under serious consideration to help limit the econ...
Apr 06, 2020
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
