Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
NYT’s Sulzberger Jr to retire as chairman by end of December
(Reuters) - Arthur Ochs Sulzberger Jr. will retire as chairman and a member of the New York Times Co's board by the end of December, the newspaper publisher said on Wednesday. Sulzberger Jr, 69, who j...
Sep 23, 2020
Mexican financial authorities relax banking rules to help economy
By Sharay Angulo MEXICO CITY (Reuters) - Mexico's finance ministry and banking regulator extended tools to allow banks and financial intermediaries to restructure loans and other credits to clients, s...
Sep 23, 2020
Tesla’s Nevada lithium plan faces stark obstacles on path to production
By Ernest Scheyder (Reuters) - Tesla Inc's plan to produce lithium for electric vehicle batteries close to its Nevada Gigafactory faces stark challenges from the outset, including an onerous permittin...
Sep 23, 2020
Fed’s Daly says inflation will be guide on U.S. full employment
(Reuters) - The U.S. central bank's job is to eliminate employment shortfalls, and it will look to inflation to gauge whether it is meeting that goal, San Francisco Federal Reserve President Mary Daly...
Sep 23, 2020
Gilead to pay $97 million to settle U.S. kickback probe
By Jonathan Stempel WASHINGTON (Reuters) - Gilead Sciences Inc has agreed to pay $97 million to resolve U.S. government claims it used a purportedly independent charity to pay illegal kickbacks to cov...
Sep 23, 2020
Fed’s Rosengren says U.S. could face a credit crunch by year end if virus worsens
(Reuters) - The U.S. economy could face more foreclosures and business bankruptcies in the fall and winter if there is a rise in infections and no additional fiscal aid, conditions that could make it ...
Sep 23, 2020
Argentina jobless rate hits 16-year high amid pandemic, lockdown
By Jorge Iorio BUENOS AIRES (Reuters) - Argentina's unemployment rate jumped to 13.1% in the second quarter of the year as the country was swiped by the coronavirus pandemic, the official statistics a...
Sep 23, 2020
Bankrupt airline Avianca paid millions in executive bonuses during pandemic
By Marcelo Rochabrun SAO PAULO (Reuters) - Airline Avianca Holdings came under broad criticism in Colombia for paying its top two executives $6 million in bonuses in May, at a time when the carrier ha...
Sep 23, 2020
United Airlines, pilots union agree to delay furloughs until October 30
CHICAGO (Reuters) - United Airlines and the union representing its pilots have agreed to delay furloughs until Oct. 30, according to a memorandum of understanding seen by Reuters. United had planned t...
Sep 23, 2020
TikTok asks judge to block U.S. from barring app for download
(Reuters) - TikTok asked a U.S. judge on Wednesday to block a Trump administration order that would require Apple Inc and Alphabet Inc's Google to remove the short video-sharing app for new downloads ...
Sep 23, 2020
