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Exclusive: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money – sources
(This April 10 story has been refiled to fix typo in ‘aid’ in paragraph nineteen.) By David Shepardson and Tracy Rucinski WASHINGTON/CHICAGO (Reuters) – U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover […]
High-fives, hugs, kisses discouraged as U.S. companies respond to growing coronavirus threat
By Helen Coster (Reuters) – As news broke of more cases of coronavirus spreading across the United States, T-Mobile had a novel response to the threat: fewer hugs, kisses or high-fives. The Bellevue, Washington-based wireless provider is “encouraging personal distancing at work” – and has “all sorts of sanitation products readily available,” according to the […]
Takeaway shareholders approve Just Eat acquisition: company
AMSTERDAM (Reuters) – Dutch food ordering company Takeaway.com said on Thursday its shareholders had approved plans for the company’s proposed 5.9 billion pound ($7.7 billion) acquisition of British peer Just Eat PLC<JE.L>. In a statement, Takeaway said its plan for an all-share merger had been approved at an extraordinary meeting of shareholders in Amsterdam. Takeaway […]