Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Millions filed for U.S. unemployment – many are still waiting for the cash
By Jonnelle Marte and Andy Sullivan (Reuters) - A shocking 16.8 million people filed for U.S. unemployment benefits in the last three weeks as the country shut down to stop the spread of the novel cor...
Apr 10, 2020
Treasury briefing U.S. airlines on $32 billion grant program: sources
By David Shepardson and Tracy Rucinski WASHINGTON/CHICAGO (Reuters) - U.S. Treasury Secretary Steven Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $32 b...
Apr 10, 2020
Trump says Mexico will commit to cut oil production
WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that Mexico has committed to cuts in oil production of 100,000 barrels per day to help contribute to global reductions. At a White Hou...
Apr 10, 2020
Argentina calls on G20 to protect energy production capacity amid crisis
BUENOS AIRES (Reuters) - Argentina's production minister has called on Group of 20 countries to protect energy jobs and capacity amid an "unprecedented" crisis as the global coronavirus pandemic saps ...
Apr 10, 2020
Johnson & Johnson abandons deal for Takeda’s TachoSil surgical patch
WASHINGTON (Reuters) - Johnson & Johnson said on Friday it abandoned plans to buy Takeda Pharmaceutical's surgical patch product TachoSil, citing regulatory issues. Takeda , Japan's biggest drugmaker,...
Apr 10, 2020
March U.S. deficit shrinks, but virus budget storm seen in April
WASHINGTON (Reuters) - The March U.S. budget deficit shrank to $119 billion from $147 billion a year earlier as receipts grew and calendar shifts reduced outlays, but the data reflect only a minimal i...
Apr 10, 2020
Fed’s Quarles: “Main Street” loans like two to three weeks off as details finalized
WASHINGTON (Reuters) - Federal Reserve vice chair Randal Quarles said Friday that it would probably be another two to three weeks before the Fed's new loan program for mid-sized companies is up and ru...
Apr 10, 2020
Fed’s Mester says policymakers want to prevent ‘lasting damage’ to the economy
(Reuters) - The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working to help the economy rebound quickly once businesses that were shuttered b...
Apr 10, 2020
French insurers in talks to jointly invest 1 bln euros to help small businesses during coronavirus
PARIS (Reuters) - French insurers are in discussions to invest 1 billion euros ($1.09 billion) into funds dedicated to help small and mid-sized firms and health companies recover from the impact of th...
Apr 10, 2020
Apple, Google to create contact tracing technology to fight coronavirus spread
By Stephen Nellis and Paresh Dave (Reuters) - Apple Inc and Alphabet Inc's Google said on Friday that they will work together to create contact tracing technology that aims to slow the spread of the c...
Apr 10, 2020
