Author Archives: Syndicated Content
Visa extends work-from-home for majority of employees through 2020
(Reuters) - Visa Inc will allow a majority of its workforce to work from home through 2020, according to Chief Executive Officer Alfred Kelly Jr., mirroring similar moves from other fintech companies ...
May 19, 2020
Early data on Moderna's COVID-19 vaccine insufficient: Stat News
(Reuters) - Data from a small, early-stage safety trial testing Moderna Inc's experimental COVID-19 vaccine does not provide critical data to assess its effectiveness, Stat News reported on Tuesday, c...
May 19, 2020
Retailers cautiously return as Ontario begins reopening
By Moira Warburton TORONTO (Reuters) - Select retailers and auto dealerships in Ontario opened their doors to a slow trickle of customers on Tuesday after two months of lockdown aimed at preventing th...
May 19, 2020
U.S. economy won't reclaim all of its lost ground until after 2021: CBO
WASHINGTON (Reuters) - The U.S. economy should bounce back sharply in the third quarter after its deep coronavirus-related collapse, but it will not fully retake recover lost ground until sometime aft...
May 19, 2020
Exclusive: In veiled warning to Iran, U.S. tells Gulf mariners to stay clear of its warships
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) - In an alert that appeared aimed squarely at Iran, the U.S. Navy issued a warning on Tuesday to mariners in the Gulf to stay 100 meters (yards) awa...
May 19, 2020
Lockheed may delay delivery of up to 24 F-35 jets as COVID-19 hits suppliers
By Mike Stone WASHINGTON (Reuters) - Lockheed Martin said on Tuesday it will slow production of its stealthy F-35 fighter jets at its Texas facility, possibly delaying delivery of between 18 and 24 je...
May 19, 2020
Aid groups slam U.N. council failure to take coronavirus action
By Michelle Nichols NEW YORK (Reuters) - Several aid groups criticized the U.N. Security Council on Tuesday for being unable to agree on a resolution backing U.N. chief Antonio Guterres' call for a gl...
May 19, 2020
Canada's Reitmans seeks bankruptcy protection as COVID-19 shuts stores
(Reuters) - Reitmans Canada Ltd on Tuesday obtained preliminary approval to seek bankruptcy protection under the Companies' Creditors Arrangement Act, the latest retailer seeking to restructure its op...
May 19, 2020
Trump says he will sign order to cut federal regulations
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday he will sign an executive order directing federal agencies to eliminate "unnecessary regulations that impede economic recovery." "I'm...
May 19, 2020
Fed's Barkin says officials still 'riding blind' in assessing reopening: interview
WASHINGTON (Reuters) - Polling local businesses about the U.S. reopening, Richmond Federal Reserve bank president Thomas Barkin has heard from mall owners who saw traffic "like Black Friday" as restri...
May 19, 2020
