Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. insurers’ coronavirus costs are less than feared so far
By Alwyn Scott (Reuters) - The coronavirus pandemic dealt a relatively modest $2.5 billion blow to five insurers with large U.S. operations in the second quarter - a cost that was far less than feared...
Aug 11, 2020
Deadline extended for U.S. farmers seeking federal aid from COVID-19 damage
By Christopher Walljasper CHICAGO (Reuters) - U.S. farmers impacted by the economic shutdown as the coronavirus hammered the global economy have more time to apply for aid from the federal government....
Aug 11, 2020
California private debt fund manager charged by U.S. prosecutors with fraud
By Jonathan Stempel and Lawrence Delevingne (Reuters) - A Los Angeles-area money manager who became a prominent advocate for direct lending to businesses has been criminally charged with defrauding cl...
Aug 11, 2020
Kodak expects sales volumes to rebound after COVID-19 hit
(Reuters) - Eastman Kodak Co said on Tuesday it expects sales volumes and working capital to improve in the current quarter after reporting a 31% decline in quarterly revenue due to the COVID-19 pande...
Aug 11, 2020
Tesla launches five-for-one stock split
(Reuters) - Tesla Inc on Tuesday announced a five-for-one stock split, as the electric carmaker looks to make its shares more attractive to retail investors following a stunning rally this year. Share...
Aug 11, 2020
Chevron sought stake in Noble Energy’s gas-field before bidding for company
HOUSTON (Reuters) - Chevron Corp last year proposed to acquire an at least 50% stake in Noble Energy's Eastern Mediterranean natural-gas fields, leading to July's all-stock deal, a proxy filing on Tue...
Aug 11, 2020
Fed revises pricing on municipal liquidity facility
(Reuters) - The Federal Reserve on Tuesday revised the pricing on the $500 billion Municipal Liquidity Facility, a program launched during the coronavirus pandemic to support state and local governmen...
Aug 11, 2020
Brazil central bank grasps new tool in crisis fight: forward guidance
By Jamie McGeever BRASILIA (Reuters) - Brazil's central bank has adopted a new "forward guidance" strategy to keep interest rates and bond yields low, bring inflation up to target and stimulate the ec...
Aug 11, 2020
Trump’s pick for Latam bank bullish despite rising pushback
By Cassandra Garrison and Eliana Raszewski BUENOS AIRES (Reuters) - A Trump administration official nominated to lead Latin America's main development bank on Tuesday dismissed the growing regional op...
Aug 11, 2020
Brazil still on course for fastest recovery in emerging markets: central bank chief
BRASILIA (Reuters) - Brazil's economic recovery from the depths of the coronavirus shock is still on track to be one of the fastest among emerging markets, with private sector forecasts likely to be r...
Aug 11, 2020
