Exclusive: U.S. companies got emergency government loans despite having months of cash
When American companies recently a.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.â€.....»»
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.....»»
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......»»
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......»»
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......»»
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.....»»
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......»»
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.....»»
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......»»