Oil storage tanks stand in Konstantinovo village, near Moscow. Photographer: Andrey Rudakov/Bloomberg
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The outsize sales gains no-moat Kraft Heinz (KHC) boasted in the first quarter (6.2% on an organic basis, which had been communicated in early April) took a back seat to the implications of the current environment on its strategic direction. Since CEO Miguel …
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EVERETT — Paine Field will receive a $2.1 million federal grant to update the airport’s master plan, a template used to guide future use and operations at the Snohomish County-owned airport. But the money can’t be used to help with operating expenses, lost …
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Sign up for the Supply Lines newsletter, and follow Bloomberg Economics on Twitter for more. The plunge in air-freight capacity is reshaping how key
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Scooter-sharing firm Lime is laying off 13% of its global workforce, the company’s CEO announced Friday, as the coronavirus pandemic has wiped out demand for on-demand transportation services. About 80 people are being let go as a result of the cuts, …
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