Author Archives: Syndicated Content
U.S. crude oil futures up 4.8%, support at $20
By Sonali Paul MELBOURNE (Reuters) - U.S. crude oil futures opened 5% higher on Thursday, reversing Wednesday's losses, despite growing concerns about a looming economic depression due to the coronavi...
Apr 01, 2020
Banks wary of liquidity extend expensive, shorter-dated credit to GE
By Michelle Sierra NEW YORK (LPC) - General Electric Co is asking its lenders to replace US$20bn in revolving loans with a new debt package that will come with a smaller size and shorter maturities, s...
Apr 01, 2020
Tile says Apple's behavior is anticompetitive and has 'gotten worse, not better'
WASHINGTON (Reuters) - Tile Inc, which helps users find lost items, told a congressional panel on Wednesday that Apple failed to live up to promises aimed at resolving a dispute between the two compan...
Apr 01, 2020
British Airways expected to suspend 36,000 staff: BBC
(Reuters) - IAG-owned British Airways is expected to announce suspension of about 36,000 of its employees, BBC News reported on Wednesday. The airline has reached a broad deal with Unite union that wi...
Apr 01, 2020
Apple will stop taking cut of some Amazon video purchases on App Store
(Reuters) - Apple Inc said on Wednesday it would stop taking a cut of some sales for "qualifying" streaming video services on iPhones and other Apple devices, including Amazon.com's Prime Video. To ma...
Apr 01, 2020
Elon Musk's SpaceX bans Zoom over privacy concerns: memo
By Munsif Vengattil and Joey Roulette (Reuters) - Elon Musk's rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing "significant privacy and security concerns,"...
Apr 01, 2020
U.S. sues to force Altria to unwind investment in JUUL
WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its $12.8 billion investment in e-cigarette maker JUUL. (...
Apr 01, 2020
Basketball: McLaren to head up international basketball integrity unit
(Reuters) - Canadian law professor Richard McLaren, who wrote a report into state-sponsored doping in Russia for the World Anti-Doping Agency (WADA), was appointed Integrity Officer for the Internatio...
Apr 01, 2020
Trump says U.S. will soon have more ventilators than it needs for virus victims
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday the United States will soon have more ventilators than it needs and there will be enough eventually to send some to other countries...
Apr 01, 2020
McLaren to put staff on furlough, F1 drivers take pay cut
By Alan Baldwin LONDON (Reuters) - McLaren became the first Formula One team to furlough staff because of the coronavirus on Wednesday, with drivers Lando Norris and Carlos Sainz joining senior manage...
Apr 01, 2020
