Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
France’s Renault draws down part of state-backed loan
PARIS (Reuters) - French carmaker Renault has drawn down part of a 5 billion-euro ($5.85 billion) loan guaranteed by the French government, put in place earlier this year to shore up its finances duri...
Oct 15, 2020
Fiat Chrysler to invest up to $1.5 billion to build EVs at Canadian plant
(Reuters) - Fiat Chrysler Automobiles NV will invest between $1.35 billion and $1.5 billion in its Windsor assembly plant in Canada to build electric vehicles as part of a tentative deal with Canadian...
Oct 15, 2020
U.S. charges Houston technology mogul Robert Brockman with tax, securities fraud
By Sarah N. Lynch WASHINGTON (Reuters) - Federal prosecutors said on Thursday they had charged Houston-based technology executive Robert Brockman with hiding $2 billion in income from the IRS over 20 ...
Oct 15, 2020
Driverless race steps up with Cruise allowed to drive empty in San Francisco
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to receive a permit to test cars without anyone in them...
Oct 15, 2020
Fed’s Daly: Monetary policy is in a good place, more fiscal help needed
(Reuters) - Monetary policy, including interest rates and the pace of asset purchases by the Federal Reserve are in a good place, but more fiscal stimulus may be needed to ensure that households and s...
Oct 15, 2020
Cannabis companies, betting on a Biden win, ready IPOs
By Shariq Khan and David Randall NEW YORK (Reuters) - A year ago, Flora Growth Chief Executive Damian Lopez had just spent a chunk of his company's seed capital buying a Colombian cannabis producer, a...
Oct 15, 2020
Array Technologies shares jump nearly 50% in Nasdaq debut
(Reuters) - Shares of Array Technologies surged nearly 50% in their Nasdaq debut on Thursday, valuing the solar power equipment maker at more than $4 billion, while underscoring investor appetite for ...
Oct 15, 2020
Across U.S. electoral battlegrounds, recovery may be ebbing as virus flows
By Howard Schneider WASHINGTON (Reuters) - The summertime push to shed masks and rush back to normal life, particularly intense in U.S. electoral battlegrounds like Wisconsin and Michigan, has ended w...
Oct 15, 2020
Trump talks up bigger COVID-19 stimulus deal as election clock ticks
By Lisa Lambert and Andrea Shalal WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday said he is willing to raise his offer of $1.8 trillion for a COVID-19 relief package to get a deal with...
Oct 15, 2020
Walgreens fourth-quarter profit slumps 44.9% as COVID-19 hits store sales
(Reuters) - Drugstore chain Walgreens Boots Alliance Inc said on Thursday its quarterly profit slumped 44.9%, as COVID-19 hampered sales at its retail stores in the United States and at its Boots UK u...
Oct 15, 2020
