Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed has capacity to amp up bond-buying, but no need now, Evans says
(Reuters) - The U.S. central bank has room to expand its balance sheet, but with long-term borrowing costs already low, what businesses and households really need is more government grants and aid, Ch...
Oct 07, 2020
Unemployment is world’s biggest risk, business leaders say
LONDON (Reuters) - Unemployment is seen as the biggest worry over the next 10 years for business executives around the world, closely followed by concern about the spread of infectious diseases, accor...
Oct 07, 2020
Ex-Tesla exec Straubel aims to build world’s top battery recycler
By Paul Lienert (Reuters) - Tesla co-founder J.B. Straubel wants to build his startup Redwood Materials into the world's top battery recycling company and one of the largest battery materials companie...
Oct 07, 2020
Exclusive: Chevron workers face demands to reapply for jobs under global restructuring – sources
By Jennifer Hiller and Devika Krishna Kumar HOUSTON/NEW YORK (Reuters) - Chevron Corp employees worldwide are being asked to reapply for positions as part of a cost-cutting program expected to elimina...
Oct 07, 2020
Venezuela’s PDVSA boosts crude blending, upgrading as exports tick up
(Reuters) - Venezuela's state-run Petroleos de Venezuela [PDVSA.UL] has boosted crude blending and upgrading to their highest levels in six months, according to company documents seen by Reuters on We...
Oct 07, 2020
Blacks still pay more than others for home ownership – MIT study
NEW YORK (Reuters) - African Americans still pay more than any other group to own a home, a disparity that over 30 years contributes to roughly half the current $130,000 gap between Blacks and whites ...
Oct 07, 2020
U.S. consumer watchdog rescinds ban on mortgage marketing deals
By Michelle Price WASHINGTON (Reuters) - The U.S. consumer watchdog said on Wednesday it was rescinding guidance that had effectively banned joint marketing agreements between mortgage lenders, realto...
Oct 07, 2020
Fed’s Evans says Fed won’t follow strict formula for timing liftoff
(Reuters) - The U.S. central bank will likely need to keep monetary policy easy for some time after 2023 in order to meet its inflation goal, even once it begins raising interest rates, a top Federal ...
Oct 07, 2020
Citigroup fined by U.S. regulators for ‘longstanding deficiencies’
WASHINGTON (Reuters) - A pair of U.S. bank regulators ordered Citigroup Inc to clean up "several longstanding deficiencies" in a new enforcement order against the bank. The order, from the Federal Res...
Oct 07, 2020
Fed’s Williams says moderate inflation overshoot acts as guardrail
(Reuters) - The Federal Reserve's new pledge to keep interest rates at zero until inflation is on track to "moderately" exceed 2% has come under fire for being overly vague and leaving too much up to ...
Oct 07, 2020
