Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
OPEC and allies likely to cut production if U.S. joins cuts: sources
(Reuters) - The group of oil producers known as OPEC+, including Saudi Arabia and Russia, are likely to agree to cut production at a meeting scheduled for Thursday as long as the United States joins i...
Apr 06, 2020
Top U.S. chefs seek restaurant help from Congress
By Hilary Russ NEW YORK (Reuters) - Top chefs including Tom Colicchio on Monday wrote to the U.S. Congress, seeking more help for independent restaurants amid the coronavirus crisis, including changes...
Apr 06, 2020
Coronavirus muddies U.S. economic data as business closures push down response rates
By Lucia Mutikani WASHINGTON (Reuters) - A near total closure of U.S. businesses as authorities try to control the spread of the novel coronavirus could make U.S. economic data unreliable in the comin...
Apr 06, 2020
Honda, Fiat Chrysler cancel all April U.S., Canadian auto production
WASHINGTON (Reuters) - Honda Motor Co and Fiat Chrysler Automobiles NV said on Monday they will extend their auto production shutdown in the United States and Canada to all of April. The Japanese auto...
Apr 06, 2020
U.S. life insurers’ results seen as test against lengthy coronavirus volatility
By Suzanne Barlyn (Reuters) - U.S. life insurers' financial results will offer a glimpse into how well their investment portfolios will withstand volatile markets and prolonged low interest rates as t...
Apr 06, 2020
Fed’s Powell to update on economy Thursday in webcast statement
WASHINGTON (Reuters) - Fed Chair Jerome Powell will give an update on the economy Thursday at 10 a.m. in a webcast sponsored by the Brookings Institution, a Washington-based think tank, the Fed announ...
Apr 06, 2020
Airbus announces additional production pauses
PARIS (Reuters) - Airbus said on Monday it had decided additional production pauses, in Germany and in the United States, in response to an industry-wide slowdown triggered by the coronavirus crisis. ...
Apr 06, 2020
Irish demand for social benefits soars as coronavirus bites
DUBLIN (Reuters) - The number of people in Ireland dependent on social welfare income support amidst the coronavirus outbreak has soared to more than 700,000 based on numbers released on Monday by the...
Apr 06, 2020
Argentine bonds, shares rise on local-law debt moratorium – traders
BUENOS AIRES (Reuters) - Argentine bond prices popped higher, and country risk spreads tightened on Monday after the government announced a planned moratorium on local debt payments to ease what it ha...
Apr 06, 2020
Peloton halts live classes as employee tests positive for COVID-19
(Reuters) - Peloton Interactive Inc said on Monday it would pause live production of its exercise videos at its New York and London studios through April 30 amid the outbreak of the coronavirus. Pelot...
Apr 06, 2020
