Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Rosengren says U.S. could face a credit crunch by year end if virus worsens
(Reuters) - The U.S. economy could face more foreclosures and business bankruptcies in the fall and winter if there is a rise in infections and no additional fiscal aid, conditions that could make it ...
Sep 23, 2020
Argentina jobless rate hits 16-year high amid pandemic, lockdown
By Jorge Iorio BUENOS AIRES (Reuters) - Argentina's unemployment rate jumped to 13.1% in the second quarter of the year as the country was swiped by the coronavirus pandemic, the official statistics a...
Sep 23, 2020
Bankrupt airline Avianca paid millions in executive bonuses during pandemic
By Marcelo Rochabrun SAO PAULO (Reuters) - Airline Avianca Holdings came under broad criticism in Colombia for paying its top two executives $6 million in bonuses in May, at a time when the carrier ha...
Sep 23, 2020
United Airlines, pilots union agree to delay furloughs until October 30
CHICAGO (Reuters) - United Airlines and the union representing its pilots have agreed to delay furloughs until Oct. 30, according to a memorandum of understanding seen by Reuters. United had planned t...
Sep 23, 2020
TikTok asks judge to block U.S. from barring app for download
(Reuters) - TikTok asked a U.S. judge on Wednesday to block a Trump administration order that would require Apple Inc and Alphabet Inc's Google to remove the short video-sharing app for new downloads ...
Sep 23, 2020
Volkswagen to compensate victims of Brazil dictatorship – report
BERLIN (Reuters) - German carmaker Volkswagen will pay about 36 million reais ($6.5 million) in compensation to more than 60 former employees who were persecuted during Brazil's 1964-1985 military dic...
Sep 23, 2020
Fed’s Quarles sees long recovery, says he’ll be ‘more patient’ on inflation
(Reuters) - Federal Reserve Governor Randal Quarles on Wednesday painted a somewhat optimistic picture of a U.S. recovery powered by consumer spending, but said risks are weighted to the downside and ...
Sep 23, 2020
Playboy nears $425 million deal to return to the stock market, sources say
By Joshua Franklin (Reuters) - Playboy Enterprises is nearing a deal to go public through a merger with Mountain Crest Acquisition Corp , which would value the owner of Playboy magazine at around $425...
Sep 23, 2020
IMF official sees coronavirus crisis dampening growth in some countries for years
WASHINGTON (Reuters) - The coronavirus crisis is lasting longer than expected and it will take some countries years to return to growth, the No. 2 official at the International Monetary Fund said on W...
Sep 23, 2020
JPMorgan set to pay $1 billion in spoofing penalty – Bloomberg News
(Reuters) - JPMorgan Chase & Co is set to pay $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, Bloomberg News re...
Sep 23, 2020
