Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Treasury chief backs $20 billion for U.S. airlines payroll
By David Shepardson WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday he backs another $20 billion in additional government payroll support for U.S. airlines. "I think th...
Dec 02, 2020
Inflation expectations at highest since 2019 on stimulus hopes
NEW YORK (Reuters) - Market expectations of inflation on Wednesday were headed higher on renewed hopes that Congress could pass a COVID-19 stimulus package, after yesterday reaching 18-month highs. Th...
Dec 02, 2020
U.S. employers could mandate a COVID-19 vaccine, but are unlikely to do so: experts
By Tina Bellon (Reuters) - Private U.S. companies have the right under the law to require employees to get vaccinated against COVID-19, but are unlikely to do so because of the risks of legal and cult...
Dec 02, 2020
Shell begins permanent shutdown of Convent, Louisiana, refinery
By Erwin Seba HOUSTON (Reuters) - Royal Dutch Shell Plc began the permanent shutdown of its 211,146 barrel-per-day (bpd) Convent, Louisiana refinery, the company said on Tuesday. Sources familiar with...
Dec 02, 2020
Fed’s Harker: U.S. economy ‘plateauing’ because of virus, lack of fiscal help
By Jonnelle Marte (Reuters) - U.S. economic growth is moderating as the coronavirus spreads and fiscal help fades, and some workers whose jobs are permanently eliminated will face an especially tough ...
Dec 02, 2020
Pandemic hits wages of women, lowest-paid hardest: ILO
BERLIN (Reuters) - Monthly wages fell or stagnated in many countries in the first six months of 2020, with the pandemic hitting lower-paid workers and women hardest, the International Labour Organizat...
Dec 02, 2020
Travel group TUI strikes deal on third bailout package
FRANKFURT (Reuters) - TUI struck a deal on Wednesday on a third bailout package as the world's largest holiday company secured help to ride out the coronavirus-linked travel slump. TUI said it has rea...
Dec 02, 2020
Exclusive: EU antitrust regulators to clear $27 billion LSE, Refinitiv deal – sources
By Foo Yun Chee BRUSSELS (Reuters) - The London Stock Exchange is set to win EU antitrust approval for its $27 billion (20.2 billion pounds) acquisition of data analytics company Refinitiv, two people...
Dec 02, 2020
Fire breaks out at Equinor industrial plant in Norway
OSLO (Reuters) - A fire broke out at Equinor's plant at Tjeldbergodden in Norway, the local fire service said on Wednesday. "We've had reports of a fire at the methanol plant at Tjeldbergodden, and in...
Dec 02, 2020
Uber, JetBlue join Amazon-backed Climate Pledge fund
(Reuters) - Amazon.com Inc said on Wednesday that five companies, including Uber Technologies Inc and JetBlue Airways Corp, have joined its fund that invests in companies developing environmentally fr...
Dec 02, 2020
