Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Portuguese companies suffer massive blow from coronavirus outbreak
LISBON (Reuters) - Around 80% of Portuguese companies still operating or temporarily shut due to the coronavirus outbreak reported a sharp drop in their revenues, at times exceeding 75%, as authoritie...
Apr 14, 2020
U.S. workplace safety agency will prioritize inspection of healthcare facilities
By Daniel Wiessner (Reuters) - The U.S. agency that enforces workplace safety laws has said it will prioritize work site inspections of healthcare facilities over other "essential" businesses that rem...
Apr 14, 2020
Faith groups, AFL-CIO urge U.S., IMF, G20 to cancel debt for poor countries
WASHINGTON (Reuters) - The AFL-CIO union federation and nearly 80 other faith groups on Tuesday urged the U.S. government, the International Monetary Fund and G20 nations to cancel debt payments by de...
Apr 14, 2020
GM says it is ready to deliver first batch of critical care ventilators
(Reuters) - General Motors Co said on Tuesday the first batch of ventilators needed to treat severely sick coronavirus patients were ready for delivery to the United States government. Last week, the ...
Apr 14, 2020
U.S. EXIM bank halts export finance support for medical equipment
WASHINGTON (Reuters) - The U.S. Export-Import Bank of the United States said on Tuesday it was temporarily withdrawing all financing support for exports of critical medical equipment and supplies need...
Apr 14, 2020
Fiat Chrysler bolsters cash with $3.8 billion syndicated credit
MILAN (Reuters) - Fiat Chrysler said on Tuesday it had successfully completed the syndication of a 3.5 billion euro ($3.8 billion)credit facility which it had agreed last month with two banks. With mo...
Apr 14, 2020
Two big U.S. banks offer glum outlook for coronavirus recession
By Elizabeth Dilts Marshall, Imani Moise and Anirban Sen NEW YORK (Reuters) - The main things investors wanted to learn from first-quarter results by JPMorgan Chase & Co and Wells Fargo & Co on Tuesda...
Apr 14, 2020
Fed’s Bostic: Recovery may be delayed in areas where virus peaks later
WASHINGTON (Reuters) - The U.S. economy may start growing again this summer but recovery could be delayed in places where the virus peaks later or that were slower to address the developing health cri...
Apr 14, 2020
Tesla surges 28% in two days as traders look beyond coronavirus disruption
By Noel Randewich (Reuters) - Shares of Tesla Inc surged 12% on Tuesday after Credit Suisse upgraded its rating on the electric carmaker and as Wall Street rallied on optimism the coronavirus outbreak...
Apr 14, 2020
Adidas gets 3 billion euro government backed loan, suspends dividend
FRANKFURT (Reuters) - German sports retailer Adidas on Tuesday said it received approval for a syndicated 3 billion-euro ($3.3 billion) government-backed loan to mitigate the financial impact on its b...
Apr 14, 2020
