Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Explainer: How commodity trade finance works
By Julia Payne LONDON (Reuters) - Global banks were left shell-shocked this year by a series of commodity trader collapses after instances of fraud were laid bare by the coronavirus crisis. ABN Amro o...
Aug 12, 2020
U.S. sells record 10-year debt to strong demand
NEW YORK (Reuters) - The U.S. Treasury Department on Wednesday sold a record $38 billion in 10-year government notes to strong demand at a high yield of 0.677%, which was better than the 0.653% at the...
Aug 12, 2020
Twitter launches much-awaited developer software after hack delay
(Reuters) - Twitter Inc rolled out its new long-awaited Application Programming Interface (API) software on Wednesday, nearly a month after the social media company delayed the platform's launch follo...
Aug 12, 2020
New Jersey governor can borrow $9.9 billion to plug shortfalls, top state court rules
By Jonathan Stempel (Reuters) - New Jersey's highest court on Wednesday rejected an effort by state Republicans to block Democratic Governor Phil Murphy from borrowing as much as $9.9 billion to help ...
Aug 12, 2020
Exclusive: Argentina to submit debt revamp offer to SEC within days, formalizing agreement, sources say
By Adam Jourdan and Nicols Misculin BUENOS AIRES (Reuters) - Argentina will formally submit its amended debt restructuring offer to the U.S. securities regulator as early as Thursday, two sources said...
Aug 12, 2020
Business owners can sue insurer over coronavirus losses, Missouri judge rules
By Jonathan Stempel (Reuters) - A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier for business interruption losses caused by the coro...
Aug 12, 2020
ECB liquidity floods euro money market and distorts indicators
By Saikat Chatterjee and Abhinav Ramnarayan LONDON (Reuters) - A key euro zone interbank money-market rate is trading below the European Central Bank's own official rate for the first time in over fiv...
Aug 12, 2020
U.S. economy does not need a lot more stimulus: White House adviser
WASHINGTON (Reuters) - The U.S. economy appears to be entering a self-sustaining recovery and does not need a big dose of stimulus from another coronavirus relief bill, a top White House economic advi...
Aug 12, 2020
Fed’s Rosengren says now is the time to take strong fiscal actions
NEW YORK (Reuters) - Strong fiscal support is needed for the U.S. economy to rebound, but those policies must be paired with efforts to contain the virus, Boston Federal Reserve President Eric Rosengr...
Aug 12, 2020
Uber likely to shut down temporarily in California over new driver ruling: CNBC
By Ayanti Bera (Reuters) - Uber Technologies Inc would likely shut down temporarily in California for several months if a court does not overturn a recent ruling requiring it to classify its drivers a...
Aug 12, 2020
