Author Archives: Syndicated Content
Fed's Daly, echoing Powell, sees slow recovery, need for more support
(Reuters) - It will likely take more than just a few months before the millions of Americans who have lost their jobs on fallout from the coronavirus pandemic will be able to get back to work, San Fra...
May 13, 2020
Brazil airline Azul to delay delivery of 59 Embraer planes to after 2024
SAO PAULO (Reuters) - Brazilian airline Azul SA said on Wednesday it had agreed with planemaker Embraer SA to delay the delivery of 59 E2 jets, with a list price of 24.5 billion reais ($4.16 billion),...
May 13, 2020
SAA administrators will not sell assets without involving govt: memorandum
JOHANNESBURG (Reuters) - Administrators at state-owned South African Airways (SAA) will not sell assets for an interim period without involving the government, a memorandum signed by one of the admini...
May 13, 2020
All eyes on Detroit as automakers ready slow, careful reopening of plants
By Joseph White and Ben Klayman DETROIT (Reuters) - The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines ...
May 13, 2020
Fiat Chrysler, Peugeot decide to withhold 2019 dividend payout
(Reuters) - The boards of automakers Fiat Chrysler Automobiles N.V. and Peugeot S.A said on Wednesday it would not pay ordinary dividend for 2019 this year due to a collapse in consumer demand resulti...
May 13, 2020
Trump pushes bad-faith PPP borrowers to return money by Thursday
WASHINGTON (Reuters) - President Donald Trump on Wednesday said the U.S. government will go after any companies that did not deserve forgivable "PPP" loans and fail to return them by Thursday. To keep...
May 13, 2020
Trump says new Democratic stimulus proposal is dead on arrival
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday a $3 trillion-plus coronavirus relief package proposed by Democrats in the U.S. House of Representatives was dead on arrival. Trump...
May 13, 2020
Trump says he was surprised at Fauci's warning on reopening economy
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he was surprised by a warning this week from top U.S. infectious disease expert Anthony Fauci about the dangers of reopening the ec...
May 13, 2020
Trump still wants negative interest rates, but says Fed Chair has improved
WASHINGTON (Reuters) - President Donald Trump on Wednesday said he still strongly believes the Federal Reserve should have negative interest rates, but gave a modicum of approval to Fed Chair Jerome P...
May 13, 2020
Where coronavirus cases are rising in the United States
By Chris Canipe and Lisa Shumaker (Reuters) - Nearly all 50 U.S. states have begun to allow some businesses to reopen and residents to move more freely, but only 14 states have met the federal governm...
May 13, 2020
