Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
World Bank chief says legislative changes can aid sovereign debt restructurings
WASHINGTON (Reuters) - World Bank President David Malpass said on Friday that G20 countries need to move forward with "deep, permanent debt relief" and some may need to make legislative changes to pus...
Nov 20, 2020
Fed’s Kaplan says U.S. economy needs more fiscal support
(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan on Friday called again for more fiscal support for the U.S. economy, particularly for state and local governments struggling with budget...
Nov 20, 2020
U.S. business borrowing for equipment falls 9% in October: ELFA
(Reuters) - U.S. companies' borrowings for capital investments fell 9% in October from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Friday. The companies signed up for ...
Nov 20, 2020
Bitcoin rises to three-year peak, all-time high in sight
LONDON (Reuters) - Bitcoin rose to a three-year high of $18,600 on Friday, up 4.5% on the day and close to its all-time high of just under $20,000. Bitcoin has gained over 16% so far this week - its b...
Nov 20, 2020
New York judge reduces J&J damages award in baby powder case to $120 million
NEW YORK (Reuters) - A New York state judge has reduced to $120 million from $325 million a damages verdict against Johnson & Johnson to a woman who blamed her cancer on asbestos exposure from using t...
Nov 20, 2020
Investors bet on credit deterioration on Treasury-Fed divide
NEW YORK (Reuters) - The price of U.S. corporate debt fell on Friday morning as investors bet that credit conditions could deteriorate if key pandemic lending programs at the Federal Reserve are allow...
Nov 20, 2020
Mnuchin says Main Street U.S. companies need grants, not loans
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Friday defended his decision to end several of the Federal Reserve's key pandemic lending programs on Dec. 31, saying Congress should u...
Nov 20, 2020
Canadian dollar adds to weekly gain as retail sales climb
TORONTO (Reuters) - The Canadian dollar edged higher against its U.S. counterpart on Friday as domestic data showed a stronger-than-expected increase in September retail sales, with the currency addin...
Nov 20, 2020
Nike hikes dividend by 12% ahead of expected sales bounce
(Reuters) - Nike Inc said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world's largest sportswear maker in the midst of the ...
Nov 20, 2020
Amazon pilot lifts stock exchanges into the cloud
By Huw Jones LONDON (Reuters) - A pilot by online giant Amazon and two stock exchanges showed how moving share trading from costly physical servers to cloud computing could save money and reduce the p...
Nov 20, 2020
