Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
NY Fed’s Williams says monetary policy under new framework will depend on circumstances
NEW YORK (Reuters) - Federal Reserve officials will have some flexibility when setting monetary policy under the new framework, New York Fed Bank President John Williams said on Wednesday. Williams ec...
Sep 02, 2020
Delta helped Brazil’s Gol refinance $300 million loan, memo shows
CHICAGO (Reuters) - Delta Air Lines helped its former Brazilian partner Gol Linhas Aereas Inteligentes to refinance a $300 million loan that was due on Monday and that the U.S. carrier had guaranteed,...
Sep 02, 2020
After Tesla’s fart mode, Mercedes bets on comfort to blow customers away
By Edward Taylor SINDELFINGEN, Germany (Reuters) - Mercedes-Benz engineers are striving to meet every definition of comfort in the new S-Class sedan as they try to steal a march on rival Tesla, which ...
Sep 02, 2020
Verizon has $1.9 billion in winning bids in 3.5 GHz spectrum auction: FCC
WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said a Verizon Communications Inc unit won bids worth nearly $1.9 billion in an auction of a key spectrum block in the 3.5 GHz band. ...
Sep 02, 2020
Wells Fargo is fined for violations related to variable annuity switches: FINRA
(Reuters) - Wells Fargo & Co agreed to pay $2.1 million in fines and restitution to settle charges it failed to properly supervise brokers' recommendations that customers sell variable annuities and u...
Sep 02, 2020
Exclusive: EU draft plan targets free carbon credit cut for most industries
By Kate Abnett BRUSSELS (Reuters) - Most industries covered by the European Union's carbon market would see free credits cut by the highest possible rate over the next five years under draft plans, po...
Sep 02, 2020
U.S. factory orders rise more than expected in July
WASHINGTON (Reuters) - New orders for U.S.-made goods increased more than expected in July as the manufacturing sector continues to steadily recover from the COVID-19 pandemic. The Commerce Department...
Sep 02, 2020
NY Fed’s Williams says new framework empowers central bank in low-rate environment
(Reuters) - Lower interest rates around the globe make it more difficult to use monetary policy to stimulate the economy, but the Federal Reserve's new framework leaves the U.S. central bank better po...
Sep 02, 2020
Chile central bank softens 2020 recession projection, expects stabilization
By Aislinn Laing and Fabian Cambero SANTIAGO (Reuters) - Chile's central bank on Wednesday softened its prediction for an economic contraction in 2020 due to the impact of the coronavirus on the world...
Sep 02, 2020
U.S. appeals court rejects Oracle’s challenge in JEDI contract fight
By Nandita Bose WASHINGTON (Reuters) - Oracle Corp's long-running legal challenge to how the Pentagon set up its $10 billion JEDI cloud computing contract has been rejected by a U.S. appeals court. At...
Sep 02, 2020
