Large U.S. banks to take small business loan applications next week: Mnuchin
© Reuters. FILE PHOTO: FILE PHOTO-U.S. Secretary of the Treasury Mnuchin walks to the meeting…
Finance
finance, world economy,
Prudential Financial to suspend applications for 30-year term life insurance policies
(Reuters) – Prudential Financial Inc (N:) will temporarily suspend taking applications for 30-year term life…
US reminds airlines travelers are entitled to cash refunds amid coronavirus disruptions
The US Transportation Department on Friday issued a notice to airlines reminding them they are…
Bank of America slammed over favoring small biz loans for existing customers
Bank of America said on Friday it has already received about 35,000 applications for federally…
FedEx delivers 91 percent cut to CEO’s pay
FedEx said on Friday it would slash its chief executive’s pay and draw down $1.5…
March jobs numbers even sadder than the official report sounds
April 3, 2020 | 5:24pm Pan-dammit, the employment numbers for March were truly shocking! That…
Sub-Saharan Africa faces pressure from oil price shock, pandemic rout
LONDON (Reuters) – Zambia has become the latest African country looking for help to tackle…
Zoom leaves recordings of calls exposed on the internet, report finds
Thousands of recorded Zoom video calls have been left exposed on the web, including one-on-one…
Feds ramp up probe of $2.1B Google-Fitbit deal amid privacy worries
The Department of Justice has stepped up its investigation of Google’s proposed $2.1 billion acquisition…
New York, Connecticut want details on Zoom’s privacy practices
Share this: By Reuters April 3, 2020 | 4:21pm At least two US state attorneys…
Stock market takes dive as horrendous jobs report sinks in
US stocks tumbled Friday after a brutal monthly jobs report gave Wall Street more proof…
Fed Chair Powell spoke with Trump as central bank geared up for virus response
(Reuters) – Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S….
Amid confusion, U.S. small business bailout program off to rocky start
2/2 © Reuters. White House adviser Kudlow speaks to reporters about the Trump administration’s response…
Heineken halts production in Mexico as nation shuts down over coronavirus
Share this: By Reuters April 3, 2020 | 1:37pm Dutch brewer Heineken said on Friday…
Mike Bloomberg didn’t tell campaign staffers he was ending 2020 bid
Some campaign staffers working on Michael Bloomberg’s doomed presidential bid only learned he dropped out…
Take Five: Life in the time of corona
LONDON (Reuters) – 1/LOOKING TO CHINA The world’s biggest economy won’t be open for business…
Fed’s Daly says goal is to make jobless rate spike temporary: CNN
© Reuters. FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly poses in San…
Here’s how the U.S.’s Main Street bailout program is going so far
2/2 © Reuters. White House adviser Kudlow speaks to reporters about the Trump administration’s response…
IMF, WHO urge leaders to focus on health spending to get virus under control
© Reuters. FILE PHOTO: A logo is pictured on the World Health Organization headquarters in…
Grounded planes insured for more than $160 billion: report
2/2 © Reuters. A general view of planes on the tarmac at Madrid’s Barajas Airport,…
Mexican president rejects calls to ease Mexico’s external debts
© Reuters. Mexico’s President Obrador holds a news conference in Mexico City MEXICO CITY (Reuters)…
Euro zone ministers focus on quick options to support economy
© Reuters. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels…
Stocks hold steady after feds reveal coronavirus job losses
US stocks held steady Friday even after a brutal monthly jobs report gave Wall Street…
Disney to furlough staffers ‘whose jobs aren’t necessary at this time’
Disney will begin temporarily laying off employees as it comes to grips with the impact…
Putin says restricting economic activity across Russia is ‘impractical’
© Reuters. Russian President Putin delivers a televised address to the nation about the coronavirus disease…
ADB cuts 2020 growth forecast for South Caucasus countries
By Margarita Antidze TBILISI (Reuters) – The Asian Development Bank (ADB) has slashed its 2020…
US jobs report: 701,000 lose work amid coronavirus crisis
The US economy shed 701,000 jobs last month as the coronavirus crisis brought the nation’s…
Trump slams 3M after ordering company to make face masks for coronavirus fight
President Trump said 3M “will have a big price to pay” after he ordered the…
China probes alleged fraud at Luckin Coffee, banks review IPO work
© Reuters. A deliveryman walks past a closed Luckin Coffee store at Sanlitun in Beijing…
China frees up $56 billion for virus-hit economy by slashing small banks’ reserve requirements
© Reuters. FILE PHOTO: Man wearing a mask walks past the headquarters of the People’s…
Top 5 Things to Know in the Market on Friday, April 3rd
© Reuters. By Geoffrey Smith Investing.com — It’s payrolls day, but this month’s labor market…
Saudi king earmarks $2.4 billion to pay private-sector workers: state news agency
© Reuters. FILE PHOTO: A Saudi man walks past a poster depicting Saudi King Salman…
Why sweetened layoff benefits may be at odds with U.S. loan program
© Reuters. FILE PHOTO: U.S. President Trump leads daily coronavirus response briefing at the White…
China probing alleged fraud at Luckin Coffee, banks review IPO work
© Reuters. A deliveryman walks past a closed Luckin Coffee store at Sanlitun in Beijing…
Irish central bank predicts record unemployment, 8.3% GDP fall
© Reuters. A Belfast to Dublin bus is seen outside the Customs House in the…
Beijing autoshow postponed to September due to virus
© Reuters. People visit at the booth of Mercedes Benz at the Auto China 2018…
Canadian dollar forecasts slashed, bracing for recession: Reuters poll
© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured…
U.S. economy to shrink at fastest rate since 1946, unemployment to top 15%: Morgan Stanley
LONDON (Reuters) – The United States economy will shrink 5.5% in 2020, the steepest drop…
China regulator condemns Luckin Coffee financial misconduct, says will investigate
© Reuters. A deliveryman walks past a closed Luckin Coffee store at Sanlitun in Beijing…