Fed's Powell: rates to stay low for 'however long it takes'

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Fed's Powell: rates to stay low for 'however long it takes'

(Reuters) – Federal Reserve Chair Jerome Powell on Friday said the U.S. jobs report for August was “a good one,” but noted that with gains likely to slow, the central bank is planning to keep its foot on the monetary policy gas pedal for years. FILE PHOTO: …
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Virgin Atlantic cuts 1150 more jobs

Virgin Atlantic said Friday it will cut 1,150 jobs after completing a $1.6-billion restructuring plan aimed at rebuilding the company during the travel downturn caused by the coronavirus pandemic. Continue Reading Below. The deal had been approved by the …
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Rogers vows to keep Cogeco in Quebec as part of takeover proposal

Rogers Communications Inc. sought Friday to reassure Quebecers over its attempt to buy the Canadian assets of Montreal-based Cogeco Inc. and Cogeco Communications Inc., pledging to keep the companies’ headquarters in the province where they’ve …
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All The Best Mattress Sales & Deals For Labor Day 2020

Summer may be coming to its unofficial end this Labor Day weekend, but a number of stellar sales might just cheer you up. If you’ve been waiting for the perfect opportunity to save on a new mattress, Labor Day is one of the best times of the year to make a …
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Bankrupt Intelsat Buys Gogo In-Flight Wi-Fi Business for $400 Million

Satellite operator Intelsat SA continues to expand despite filing for bankruptcy earlier this year to address billions of dollars in debt, agreeing to purchase the in-flight broadband business of Gogo Inc. for $400 million. The acquisition announced Monday is …
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