Author Archives: Syndicated Content
Bank of America received 10,000 applications within first hour of small business loan program
(Reuters) - Bank of America Corp Chief Executive Brian Moynihan said the bank has already received roughly 10,000 applications for federally backed small business loans within the first hour of starti...
Apr 03, 2020
New York mayor begs for more U.S. aid as jobs data confirms economic carnage
By Maria Caspani and Lucia Mutikani NEW YORK (Reuters) - New York Mayor Bill de Blasio pleaded with the U.S. government for more help in expectation of a surge in COVID-19 cases next week, as new stat...
Apr 03, 2020
Coronavirus-led global recession to be deeper than thought but hopefully short: Reuters poll
By Shrutee Sarkar and Rahul Karunakar BENGALURU (Reuters) - The global recession that economists polled by Reuters say is under way will be deeper than thought a few weeks ago due to the coronavirus p...
Apr 03, 2020
Pelosi wants more for small business and individuals in next U.S. coronavirus legislation
WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi said Friday that $350 billion in already-passed coronavirus legislation was not enough for small businesses, and she wants more money in next bil...
Apr 03, 2020
Trump will protect U.S. oil but can't dictate production: Kudlow
WASHINGTON (Reuters) - President Donald Trump will fight international efforts to collude in energy markets that could impact U.S. energy producers, but the administration cannot dictate decisions on ...
Apr 03, 2020
White House's Kudlow says banks are 'ready to go' in giving small business loans
WASHINGTON (Reuters) - Top White House economic advisor Larry Kudlow said on Friday that there would be big demand for a small-business loan program but that the banks were prepared for it despite con...
Apr 03, 2020
U.S. services sector growth slows; employment drops: ISM
By Lucia Mutikani WASHINGTON (Reuters) - U.S. services sector activity slowed to a more than 3-1/2-year low in March, with industries reporting a moderation in new orders and decline in employment ami...
Apr 03, 2020
U.S. big bucks turn global face mask hunt into 'Wild West'
By Richard Lough and Andreas Rinke PARIS/BERLIN (Reuters) - The global scramble to secure face masks to shield frontline workers from the coronavirus has turned the marketplace into the "Wild West", w...
Apr 03, 2020
Venezuela's financial crisis exacerbated by oil price war, coronavirus
By Corina Pons and Mayela Armas CARACAS (Reuters) - A price war between world oil producers has slashed Venezuela's revenue for its top export and exacerbated the country's financial crisis as it also...
Apr 03, 2020
Poland works on smartphone app to help stop coronavirus outbreak
WARSAW (Reuters) - Poland is working on a smartphone application to help trace people who have come in contact with those infected with the coronavirus and warn them about the possible risk, the Digit...
Apr 03, 2020
