Recent Posts

Extreme central banking is making the rich richer: Nordea

Bloomberg The new global head of macro research at Nordea Bank AB says it’s now clear that the extreme monetary policies that followed the global financial crisis are making the rich richer and everyone else more indebted. Kristin Magnusson Bernard, who used to work with financial stability at the European Central Bank, says the lessons learned from cutting interest rates ...

Read More »

Unions, Washington state woo Boeing in race for ‘797’ work

Bloomberg Boeing Co. hasn’t decided whether to build a new midrange jet, but Washington state is already teaming with aerospace workers to try to keep any new work in the planemaker’s industrial heartland. The Puget Sound region around Seattle holds an advantage as a “dense supercluster of advanced aerospace manufacturing and skilled aerospace workers,” according to a Teal Group study ...

Read More »

Gucci aims to rival Louis Vuitton with $12 billion target

Bloomberg After surpassing Hermes, Gucci has Louis Vuitton in its sights. The Italian fashion brand, owned by Kering SA of France, aims to lift revenue to 10 billion euros ($12 billion) from last year’s 6.2 billion euros, according to an investor presentation Thursday. That would rival LVMH’s Louis Vuitton, long the biggest and most profitable name in luxury. With a ...

Read More »
Send this to a friend