Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. travel spending will plunge in 2020, not fully recover until 2024: travel group
WASHINGTON (Reuters) - A U.S. travel group said on Tuesday that travel spending is expected to fall by more than $500 billion in 2020 and is not expected to recover to pre-coronavirus levels until 202...
Nov 17, 2020
Cannae and Senator win three board seats at CoreLogic
By Svea Herbst-Bayliss and Greg Roumeliotis (Reuters) - Investment firms Cannae Holdings and Senator Investment Group won three board seats at CoreLogic on Tuesday, adding fresh oversight at a time th...
Nov 17, 2020
Argentina seeks wealth tax to help COVID-19 hit families
BUENOS AIRES (Reuters) - The lower house of Argentina's Congress on Tuesday began debating a bill seeking to raise 300 billion pesos ($3.75 billion) through a tax on large fortunes to finance programs...
Nov 17, 2020
Fed Chair Powell says COVID surge a concern, economy still needs support
WASHINGTON (Reuters) - The surge in coronavirus cases is a big concern for an economic recovery that still has a "long way to go," and the economy will continue to need support from both fiscal and mo...
Nov 17, 2020
SoftBank’s Son wants to deploy cash on public and private firms
By Krystal Hu (Reuters) - SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday he is sitting on about $80 billion in cash for investment opportunities and share buybacks, and vowed to sti...
Nov 17, 2020
BoE’s Ramsden sees plus for economy from vaccine news
LONDON (Reuters) - Bank of England Deputy Governor Dave Ramsden said on Tuesday that positive news about COVID-19 vaccines could help to reduce the risks surrounding the economic outlook. "Assuming th...
Nov 17, 2020
Limited impact seen from Trump investment ban on military-linked Chinese firms
By Alexandra Alper and Ross Kerber WASHINGTON/BOSTON (Reuters) - President Donald Trump's directive barring U.S. investments in Chinese companies linked by Washington to China's military is unlikely t...
Nov 17, 2020
Air France-KLM in talks on $7 billion cash raise: Le Monde
PARIS (Reuters) - Air France-KLM is discussing plans to raise another 6 billion euros ($7.1 billion) from its two government shareholders and other investors, French newspaper Le Monde reported on Tue...
Nov 17, 2020
Coronavirus vaccine no game changer for ECB forecasts, Lagarde says
FRANKFURT (Reuters) - An effective coronavirus vaccine will not fundamentally change European Central Bank economic projections, as a medical solution was already factored into forecasts, ECB Presiden...
Nov 17, 2020
U.S. household debt rises above pre-pandemic levels due to mortgages
By Jonnelle Marte (Reuters) - U.S. household debt rose in the third quarter due to an increase in mortgage balances as consumers took advantage of low interest rates to buy homes and refinance loans, ...
Nov 17, 2020
