Google Alert - Business

	Business Daily update ⋅ April 24, 2020
	NEWS
	Washington Post Trump administration considers leveraging emergency coronavirus loan to force Postal Service changes Washington Post The Treasury Department is considering taking unprecedented control over key operations of the U.S. Postal Service by imposing tough terms on an emergency coronavirus loan from Congress, which would fulfill President Trump's longtime goal of changing ... Flag as irrelevant
	Reuters Dollar gives up gains against commodity currencies as oil recovers Reuters TOKYO (Reuters) - The dollar erased gains and fell against the currencies of oil producers on Thursday, as a rebound in crude prices after an unprecedented collapse helped to calm markets unnerved by the massive coronavirus-led drop in global demand. Flag as irrelevant
	Wall Street Journal 'Crude Oil Treasure' Turns Toxic For Chinese Bank and Its Small Investors Wall Street Journal Oil derivatives sold to Main Street investors, including some that could be bought with a few clicks on a bank app, have produced hundreds of millions of dollars of losses in South Korea and China. Their plight echoes losses suffered by individual investors in ... Flag as irrelevant
	Wall Street Journal Fed Focuses on Lending Programs, but Monetary Policy Deliberations Loom Wall Street Journal After several frenzied weeks creating a raft of emergency lending programs, Federal Reserve officials turn next week to planning and implementation rather than announcing new initiatives. Fed leaders have suggested they are comfortable with their current ... Flag as irrelevant
	Wall Street Journal More Coronavirus Aid to Small Businesses Is Coming, But It Might Not Be Enough Wall Street Journal WASHINGTON—The House is expected to approve an additional $320 billion for the Paycheck Protection Program on Thursday, amid concerns by lenders and small-business advocates that the funding still won't be enough to meet demand for the ... Flag as irrelevant
	Reuters Sterling strengthens despite dire PMI data Reuters LONDON (Reuters) - The pound strengthened on Thursday even after dire UK preliminary PMI readings for April fell far below even the most pessimistic forecasts, as market activity appears immune to new data about the disastrous economic fallout from the ... Flag as irrelevant
	Reuters Dollar slips against commodity currencies as Brent surges Reuters LONDON (Reuters) - The dollar slipped against the currencies of oil-producing states on Thursday, giving up earlier gains as a bounce in crude prices gave succour to markets shaken by the massive coronavirus-induced drop in demand. FILE PHOTO: Saudi ... Flag as irrelevant
	The Indian Express UPDATE 2-As Chinese banks halt open positions for oil products, investors cry foul Reuters (Updates detail, quotes). April 23 (Reuters) - Chinese investors who traded Bank of China's (BoC) crude oil futures trading product are crying foul over the bank's decision to settle the trades at historic negative prices, claiming the bank should have done more ... Flag as irrelevant
	CNBC How the oil price capitulation will hit Nigeria, Saudi Arabia and other major exporters CNBC The U.S. West Texas Intermediate (WTI) crude contract for May delivery fell by more than 100% to settle at negative $37.63 per barrel on Monday. Monday's collapse came as the coronavirus pandemic obliterates global demand, furthering a price shock seen ... Flag as irrelevant
	Reuters Oil rallies on faster output cuts to offset virus-induced falloff in demand Reuters NEW YORK (Reuters) - Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand due to the COVID-19 pandemic. FILE PHOTO: A pumpjack is ... Flag as irrelevant
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