Central Banks' Crazy Week, Stuffed Warehouses, BOE Cuts: Eco Day

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Central Banks' Crazy Week, Stuffed Warehouses, BOE Cuts: Eco Day

Here's the latest news and analysis from Bloomberg Economics to help take you through to the weekend: As a tumultuous week draws to an end,
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HIGHLIGHTS-Quotes from Russian central bank chief's news conference

(Adds quotes). MOSCOW, March 20 (Reuters) – The following are highlights from Russian central bank chief Elvira Nabiullina’s news conference following the bank’s interest rate decision: ON NEXT RATE DECISION. “The question of raising the rate has not …
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Hundreds of US cities could be without air travel if small airlines go under

New York (CNN Business) Two regional airlines that fly feeder flights for United, Delta and American airlines will halt operations in the next few weeks, marking the first US carriers to be grounded by the coronavirus outbreak. The group representing these …
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HEB givies all hourly employees extra $2 an hour 'Texas Proud Pay'

WACO, Texas (KWTX) Texas-based grocer H-E-B announced Friday morning it is giving all hourly employees a temporary pay increase. “We are proud to announce that that all hourly store, manufacturing, warehouse and transportation Partners will receive …
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Mercedes-Benz suspending production in Vance for two weeks

Mercedes-Benz announced it will begin a temporary halt of production at its Tuscaloosa plant, starting Monday. In an announcement this morning, the company said the gradual halt would last for an initial period of two weeks. The halt is “due to the worsening …
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