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Exclusive: U.S. companies got emergency government loans despite having months of cash

When American companies recently a.....»»

Category: topSource: reutersMay 7th, 2020

Exclusive: Developer signs big deal for spec building at suburban Tampa office park, plans $120M two-building expansion

The lease is the second major success the developer has had with speculative office construction in Tampa......»»

Category: topSource: bizjournalsMay 6th, 2020

The U.S. plans to lend $500 billion to large companies. It won’t require them to preserve jobs or limit executive pay.

Critics say the program, set up jointly by the Federal Reserve and Treasury Department, could allow large companies that take the federal help to reward shareholders and executives without saving any jobs......»»

Category: topSource: washpostApr 28th, 2020

The U.S. plans to give $500 billion to large companies. It won’t require them to preserve jobs or limit executive pay.

Critics say the program, set up jointly by the Federal Reserve and Department of Treasury, could allow large companies that take the federal help to reward shareholders and executives without saving any jobs......»»

Category: topSource: washpostApr 28th, 2020

Exclusive: India plans to fast track Chinese investments after policy change - sources

India plans to fast track the review of some investment proposals from neigbouring countries such as China following concerns new screening rules could hit plans of companies and investors, three sources told Reuters on Saturday......»»

Category: topSource: reutersApr 25th, 2020

As price of oil drops, Trump orders plan to help U.S. energy companies

The secretary of energy said a Federal Reserve program designed to assist small businesses could be tapped to lend money to oil firms......»»

Category: topSource: washpostApr 22nd, 2020

Trump wants to provide emergency aid for energy companies as a historic sell-off sends prices to record lows

Reu.....»»

Category: topSource: businessinsiderApr 21st, 2020

US pumps up oil stockpiles with historically cheap fuel: Energy Secretary

Energy Secretary Dan Brouillette plans to work with Congress to expand the Strategic Petroleum Reserve......»»

Category: topSource: foxnewsApr 21st, 2020

Exclusive: Russia orders companies to cut oil output by 20% from February levels - sources

The Russian energy ministry has told domestic oil producers to reduce oil output by around 20% from their average February levels, two industry sources told Reuters on Monday, which would bring Moscow in line with its commitment under a global deal......»»

Category: topSource: reutersApr 20th, 2020

Exclusive: Italy"s government set to reappoint Eni and Enel CEOs - source

The chief executives of Italy's top two energy groups Eni and Enel are on course to secure third terms next week when Rome decides on roles at key state-controlled companies, a senior government official said......»»

Category: topSource: reutersApr 10th, 2020

U.S. banks prepare to seize energy assets as shale boom goes bust

Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on loans to energy companies that may go bankrupt, sources aware of the plans told Reuters......»»

Category: topSource: foxnewsApr 9th, 2020

Energy-related bankruptcies increased in Q1, expected to rise further in 2020

"Already a lot of companies are readjusting their financial plans and figuring out that they have to go through some kind of restructuring.”.....»»

Category: topSource: bizjournalsApr 7th, 2020

S.F. supervisors prepare to grab reins of city"s COVID-19 homeless plans

The San Francisco Board of Supervisors plan to propose an emergency ordinance on Tuesday requiring the city to lease 1,000 hotel rooms to house homeless residents currently in group settings, such as shelters.  The emergency declaration, the int.....»»

Category: topSource: bizjournalsApr 6th, 2020

Oil prices sink as crippled demand outweighs stimulus hopes

Oil prices fell on Thursday after three sessions of gains as restrictions on travel worldwide crimped fuel demand, with U.S. crude futures plunging about 4% after the United States scrapped plans to buy domestic oil for its emergency reserve......»»

Category: topSource: reutersMar 26th, 2020

Exclusive: ECB doesn"t plan to use crisis-era OMT bond scheme against coronavirus - sources

The European Central Bank has no plans to deploy its OMT emergency bond purchase scheme and sees it as an inappropriate tool to fight the coronavirus crisis, two sources familiar with the bank's thinking said on Thursday......»»

Category: topSource: reutersMar 26th, 2020

Exclusive: Amazon to ink major deal near airport, say sources

It would be the latest mega-deal for the company in Central Florida, where it also plans to occupy a 1.4 million-square-foot facility in Deltona and a 450,000-square-foot space in Davenport......»»

Category: topSource: bizjournalsMar 24th, 2020

International upstream energy co. cuts billions from 2020 spending

France-based Total SA (NYSE: TOT) has joined the ranks of many other upstream companies in cutting its spending plans for 2020 to better fit the realities of the market. Total’s U.S. headquarters is in Houston. The company now plans to spend le.....»»

Category: topSource: bizjournalsMar 23rd, 2020

Giant Eagle plans to ramp up for added demand for wine and beer in wake of PLCB closing its state stores

Giant Eagle adapting and adjusting to intensified role of being a grocery store in the throes of the emergency of a global pandemic......»»

Category: topSource: bizjournalsMar 17th, 2020

The Fed resurrects a financial crisis-era stimulus measure to help US companies weather the coronavirus crunch

Carlos Barria/Reuters The Federal Reserve will use emergency powers to establish a Commerc.....»»

Category: topSource: businessinsiderMar 17th, 2020

Fed plans steps to ease short-term borrowing for companies

The Federal Reserve is planning to reinstate a facility previously used during the 2007-09 financial crisis to improve liquidity in a key short-term funding market, two sources familiar with the matter told Reuters......»»

Category: topSource: reutersMar 17th, 2020