Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Volkswagen to make electric car cells, battery packs in U.S.
(Reuters) - German automaker Volkswagen AG said it was expanding its Chattanooga factory in Tennessee to make electric vehicle cells and battery packs in the United States, alongside assembling electr...
Aug 13, 2020
Serbia chooses links with China to develop economy, telecoms despite U.S. warning campaign
By Aleksandar Vasovic BELGRADE (Reuters) - As U.S. Secretary of State Mike Pompeo rallied Central European nations this week to stem Chinese influence by snubbing its advanced digital technology, Chin...
Aug 13, 2020
U.S. federal contract ban takes effect for companies using products from Huawei, others
By David Shepardson and Mike Stone WASHINGTON (Reuters) - New regulations took effect on Thursday barring the U.S. government from buying goods or services from any company that uses products from fiv...
Aug 13, 2020
Column: Trump tax deferral poses a bigger threat to Social Security than you might think
By Mark Miller CHICAGO (Reuters) - What happens to Social Security if we eliminate its funding? That is the question to ask after Donald Trump signed a presidential memorandum https://www.reuters.com/...
Aug 13, 2020
AIG appoints David McElroy CEO for general insurance business
(Reuters) - American International Group Inc on Thursday promoted David McElroy to the post of chief executive officer of general insurance and executive vice president with immediate effect. McElroy,...
Aug 13, 2020
Chinese firms flood into U.S. IPOs despite delisting threat
By Scott Murdoch, Kane Wu and Julie Zhu HONG KONG (Reuters) - The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing ...
Aug 13, 2020
Singapore court appoints supervisor for Lim family’s Xihe Holdings: source
SINGAPORE (Reuters) - The Singapore High Court has appointed Grant Thornton Singapore as the supervisor of Xihe Holdings Pte Ltd and four of its subsidiaries, a source with knowledge of the matter sai...
Aug 13, 2020
Payroll tax holiday will cover the self-employed: Kudlow
WASHINGTON (Reuters) - U.S. President Donald Trump's efforts to give workers a break on payroll taxes will apply to self-employed individuals, White House economic adviser Larry Kudlow said on Thursda...
Aug 13, 2020
Explainer: Why Brazil is on course to shatter its fiscal ‘ceiling’
By Jamie McGeever BRASILIA (Reuters) - Brazil's constitutional spending cap, a cornerstone of fiscal policy in recent years, is on course to being broken in 2021. Government officials insist it will n...
Aug 13, 2020
