Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Volkswagen to compensate victims of Brazil dictatorship – report
BERLIN (Reuters) - German carmaker Volkswagen will pay about 36 million reais ($6.5 million) in compensation to more than 60 former employees who were persecuted during Brazil's 1964-1985 military dic...
Sep 23, 2020
Fed’s Quarles sees long recovery, says he’ll be ‘more patient’ on inflation
(Reuters) - Federal Reserve Governor Randal Quarles on Wednesday painted a somewhat optimistic picture of a U.S. recovery powered by consumer spending, but said risks are weighted to the downside and ...
Sep 23, 2020
Playboy nears $425 million deal to return to the stock market, sources say
By Joshua Franklin (Reuters) - Playboy Enterprises is nearing a deal to go public through a merger with Mountain Crest Acquisition Corp , which would value the owner of Playboy magazine at around $425...
Sep 23, 2020
IMF official sees coronavirus crisis dampening growth in some countries for years
WASHINGTON (Reuters) - The coronavirus crisis is lasting longer than expected and it will take some countries years to return to growth, the No. 2 official at the International Monetary Fund said on W...
Sep 23, 2020
JPMorgan set to pay $1 billion in spoofing penalty – Bloomberg News
(Reuters) - JPMorgan Chase & Co is set to pay $1 billion to resolve market manipulation investigations by U.S. authorities into its trading of metals futures and Treasury securities, Bloomberg News re...
Sep 23, 2020
California to ban sale of new gasoline-powered passenger vehicles in 2035
By David Shepardson and Nichola Groom WASHINGTON/LOS ANGELES (Reuters) - California will ban the sale of new gasoline powered passenger cars and trucks starting in 2035 in a dramatic move to shift to ...
Sep 23, 2020
Delta in talks to delay 40 Airbus jet deliveries – Bloomberg News
(Reuters) - Delta Air Lines Inc is in talks with Airbus SE to delay at least 40 aircraft deliveries scheduled for this year, Bloomberg News reported on Wednesday, citing people familiar with the matte...
Sep 23, 2020
U.S. ambassador says Turkey ignores pharma debt at its peril
ISTANBUL (Reuters) - The U.S. ambassador to Turkey said on Wednesday companies will consider abandoning its market if it fails to fully meet debt payments to American pharmaceutical firms, and he crit...
Sep 23, 2020
Disney delays releases of ‘Black Widow’ ‘West Side Story’ until 2021
LOS ANGELES (Reuters) - Walt Disney Co postponed the release of Marvel superhero movie "Black Widow" by six months until May 2021, the company said on Wednesday. The movie studio also pushed the relea...
Sep 23, 2020
Fed’s Evans says he expects 2% inflation by 2023, but no rate hikes
(Reuters) - Chicago Federal Reserve President Charles Evans said Wednesday he does not expect the U.S. central bank to increase interest rates through at least 2023, though he does expect inflation to...
Sep 23, 2020
