Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘Fortnite’ app removal threatens social lifeline for young gamers
By Sheila Dang and Patrick Graham NEW YORK/BENGALURU (Reuters) - A YouTube alert interrupted Jack Erricker's schoolwork on Friday morning as he and kids all over the world woke up to the news that the...
Aug 15, 2020
Debenhams appoints advisers to draw up plans for possible liquidation: Sky News
LONDON (Reuters) - Struggling British department store chain has appointed Hilco Capital to draw up contingency plans for possible liquidation of the chain should an attempt to sell the business end i...
Aug 15, 2020
German union IG Metall backs four-day week to save jobs
BERLIN (Reuters) - Germany's largest trade union, IG Metall, on Saturday proposed negotiating for a move to a four-day week to help secure jobs against economic fallout from the coronavirus crisis and...
Aug 15, 2020
Trump orders ByteDance to divest interest in U.S. TikTok operations within 90 days
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday ordered the Chinese company ByteDance to divest its interest in video-sharing app TikTok's operations in the United States within 90 days. ...
Aug 14, 2020
Exclusive: UPS, FedEx warn they cannot carry ballots like U.S. Postal Service
By Lisa Baertlein LOS ANGELES (Reuters) - United Parcel Service and FedEx on Friday shot down social media calls that they step in to deliver mail-in ballots from the U.S. Postal Service, which is war...
Aug 14, 2020
BoE’s Haldane says UK economy on path to rapid recovery: Daily Mail op-ed
(Reuters) - The UK economy is on course for a rapid recovery from the coronavirus crisis as strong consumer spending has helped recoup nearly half the losses caused by the pandemic, Bank Of England ch...
Aug 14, 2020
Trian Fund Management cut stakes in P&G and other big holdings in second quarter: filing
By Svea Herbst-Bayliss BOSTON (Reuters) - Trian Fund Management said on Friday that it sold stakes in three of its biggest holdings, including Procter & Gamble Company , in the second quarter for port...
Aug 14, 2020
Hertz CFO Jamere Jackson resigns
(Reuters) - Hertz Global Holdings Inc Chief Financial Officer Jamere Jackson has resigned from his post, the bankrupt car rental company said on Friday. Jackson will be replaced by Chief Accounting Of...
Aug 14, 2020
UK bailout talks for Jaguar Land Rover and Tata Steel fall through: FT report
(Reuters) - Bailout talks between Jaguar Land Rover and Tata Steel with the UK government have ended, leaving both firms to rely on private financing to overcome the impact of coronavirus on business,...
Aug 14, 2020
U.S. oil producer Hess cutting about 10% of workforce: sources
HOUSTON (Reuters) - U.S. oil producer Hess Corp is cutting about 10% of its workforce and streamlining operations after reporting its fifth quarterly loss in a row, according to people familiar with t...
Aug 14, 2020
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