Russian Retail, Property, Energy Sectors Are Taking Coronavirus Hit, Putin Says
Russian retail sales have plunged 35% so far in April and energy use was down, President Vladimir Putin said Tuesday,… Read More »
British American Tobacco Under Investigation in US -The Times
–British American Tobacco PLC is being investigated by the Department of Justice and the Office of Foreign Assets Control in… Read More »
PCs Miss Their Short New Lease on Life — Heard on the Street
A surge in working from home boosted demand for personal computers in the first quarter. Too bad there weren’t enough… Read More »
As Match Breaks Away, Investors Shouldn’t Break Up — Heard on the Street
The past few months, it seems as if investors have been dumped from all angles. The list of consumer-internet companies… Read More »
Boeing Taps Investment Banks as It Weighs Government Aid
Boeing Co. has tapped investment banks for help securing a financial lifeline after the coronavirus grounded most of the world’s… Read More »
Airbus Pulls Back on Plans for Toulouse Plant — Reuters
— Airbus SE is pulling back on plans for an A321 assembly line in Toulouse amid the ongoing Covid-19 pandemic,… Read More »
U.S. Budget Deficit Grew 8% in First Half of Fiscal 2020, Treasury Says
The U.S. government budget deficit grew 8% in the first six months of the fiscal year, as government spending outpaced… Read More »
Cooper Tire to Restart Mexico Facility April 13
Cooper Tire & Rubber Co. said Friday it would restart operations at its tire plant in El Salto, Mexico, on… Read More »
Fed’s Mester Isn’t Worried Central Bank Has Broken Market Pricing Ability
The Federal Reserve’s massive intervention into financial markets amid the coronavirus crisis has improved conditions and hasn’t upended the private… Read More »
POLICY: BOC Balance Sheet CAD275B From CAD216B Last Week
The Bank of Canada’s balance sheet grew to a record CAD275.2 billion as of April 8 from CAD215.6 billion a… Read More »