Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Weak demand for record-size 30-year U.S. debt auction
By Kate Duguid NEW YORK (Reuters) - The record-size auction of $26 billion 30-year bonds by the U.S. Treasury Department on Thursday sold poorly, with the bid-to-cover ratio, a measure of overall dema...
Aug 13, 2020
U.S. Fed buys $39.9 billion of mortgage bonds, sells $17.85 billion
NEW YORK, Aug 13 (Reuters) - The Federal Reserve bought $39.871 billion of agency mortgage-backed securities in the week from Aug. 6 to Aug. 12, compared with $30.223 billion purchased the previous we...
Aug 13, 2020
Wells Fargo’s chief compliance officer quits: FT
(Reuters) - Wells Fargo & Co's compliance chief is leaving after two years of trying to turn around the scandal-plagued bank's internal oversight and risk management functions, the Financial Times rep...
Aug 13, 2020
Households with children taking the biggest financial hit during pandemic: New York Fed report
By Jonnelle Marte (Reuters) - Households with children are under severe economic strain and at greater risk of needing to dip into savings, missing a rent payment or not having enough food to eat duri...
Aug 13, 2020
Thomson Reuters buys cloud-based court document management platform CaseLines
(Reuters) - Thomson Reuters Corp has acquired CaseLines, a cloud-based court document and evidence management platform, the news and information provider said on Thursday, without disclosing financial...
Aug 13, 2020
Daimler agrees U.S. settlement over diesel emissions
BERLIN (Reuters) - Daimler has reached an agreement to settle U.S. proceedings relating to investigations into software to cheat diesel emissions tests that will result in costs of about $1.5 billion,...
Aug 13, 2020
White House report lauds U.S. economic response to coronavirus crisis
WASHINGTON (Reuters) - Increased transfer payments and expanded liquidity measures aimed at companies should help buffer U.S. households and businesses from the worst of the economic crisis unleashed ...
Aug 13, 2020
California startup aims to tackle battery degradation in electric cars
By Stephen Nellis (Reuters) - Lithium-ion batteries are essential to electric vehicles, but they have drawbacks: They are hard to make and degrade over time. A San Leandro, California-based start-up o...
Aug 13, 2020
Kudlow sees single-digit unemployment in August, ‘V’ recovery
(Reuters) - White House economic adviser Larry Kudlow on Thursday said he expects the U.S. unemployment rate to return to single-digit levels as early as this month and growth in the third quarter sho...
Aug 13, 2020
U.S. hits fiscal cliff with jobs, economic recovery in the balance
By Howard Schneider and Jonnelle Marte (Reuters) - The U.S. push to fire up its economy in the middle of a pandemic remained stalled last week with signs the lapse of emergency unemployment benefits a...
Aug 13, 2020
