The unemployment rate in the U.S. could reach a staggering 32.1% in the second quarter as 47 million workers are laid off amid the coronavirus outbreak, according to estimates published in a blog by the Federal Reserve Bank of St. Louis. That would be the …
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(Reuters) – Yum Brands Inc (YUM.N), owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues after its longest lull since the 2008 financial crisis. A vehicle waits at …
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Jefferies announced on Sunday the passing of Peregrine Broadbent, the investment bank’s long-serving chief financial officer, from complications linked to the coronavirus. Broadbent, known as Peg, assumed the CFO post at the New York-based Jefferies in …
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… * Corn down as oil rout pressures ethanol, soybeans follow. * Eye on South American shipments amid coronavirus curbs. * Market awaits USDA plantings, quarterly stocks data (Recasts with U.S. market open, adds quote, updates prices, changes byline, …
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The bond ratings for the the Baltimore Hotel Corp., the group that oversees the city-owned Hilton Baltimore, have been lowered to below investment grade. Jaclyn Borowski. By Amanda Yeager – Reporter, Baltimore Business Journal. Mar 30, 2020, 12:48pm …
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