Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Musk’s SpaceX wins Pentagon award for missile tracking satellites
By Joey Roulette (Reuters) - Elon Musk's SpaceX won a $149 million contract to build missile-tracking satellites for the Pentagon, the U.S. Space Development Agency (SDA) said on Monday, in the compan...
Oct 05, 2020
EV startup Faraday Future in talks to go public through SPAC merger
By Ben Klayman DETROIT (Reuters) - Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief...
Oct 05, 2020
Dollar Tree plans to hire over 25,000 workers this holiday season
(Reuters) - Dollar Tree Inc said on Monday it planned to hire more than 25,000 workers at its stores and distribution centers this holiday season, as it prepares for what is typically a period of high...
Oct 05, 2020
UK’s Johnson pitches wind-driven recovery from pandemic
By Andy Bruce LONDON (Reuters) - Prime Minister Boris Johnson will outline plans on Tuesday for Britain to "build back greener" from the coronavirus pandemic by committing funds to boost Britain's off...
Oct 05, 2020
FAA waives minimum flight requirements at some U.S. airports through March 2021
(Reuters) - The Federal Aviation Administration said on Monday it would extend temporary waivers of minimum flight requirements at some major U.S. airports through late March 2021 due to the coronavir...
Oct 05, 2020
Southwest CEO says can avoid layoffs through 2021 with employee pay cuts
By Tracy Rucinski (Reuters) - Southwest Airline can avoid furloughs and layoffs at least through 2021 if union workers agree to pay cuts, Chief Executive Gary Kelly told employees on Monday. Last week...
Oct 05, 2020
IMF urges infrastructure investment to boost post-COVID growth
By David Lawder WASHINGTON (Reuters) - The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from...
Oct 05, 2020
U.S. bankruptcy court approves airline Avianca’s financing plan
SAO PAULO (Reuters) - Colombian airline Avianca Holdings said on Monday that a U.S. bankruptcy court approved a proposed financing plan of over $2 billion to help the carrier exit Chapter 11 restructu...
Oct 05, 2020
U.S. commercial bankruptcies up 33% year to date
(Reuters) - U.S. commercial bankruptcy filings are up 33% so far this year with new cases in September surging by 78% from a year earlier as the recession triggered by the COVID-19 pandemic hits small...
Oct 05, 2020
Cisco must pay $1.9 billion in patent lawsuit – U.S. judge
(Reuters) - A U.S. judge on Monday ordered Cisco Systems Inc to pay $1.9 billion after a Virginia company accused it of infringing patents related to complex computer network security functions. U.S. ...
Oct 05, 2020
