Flickinger, Brittany Griner, Gerald Birchall discussed on Masters in Business


To head out to shop either in store or online today. That's 10 million more than they expected last year this time. Retail analyst work flickinger says, though the people have cut back on purchases this year. People are buying for what they need in postponing purchases on what they want into 2023. Flickinger says buyers are not so hot on consumer electronics, TV and consumer audio with the exception of PlayStation Xbox, which flickinger said it is doing very well. Elon Musk is seeking new investors for Twitter at 54 20 a share enough. If that sounds familiar, it should. That is the same price he paid when he took the company private for $44 billion in October and kicked off a contentious overhaul. The managing director of the billionaire's family office Gerald birchall has been reaching out to potential Twitter backers this week, according to news site semaphore, reporting on Friday. It's hard to guess how high interest rates will have to go and how long they'll have to be high in order to crush inflation. Federal Reserve bank of Cleveland president Loretta mester said her estimate for interest rates is higher than that of her colleagues and the Central Bank needs sustained tight policy to defeat inflation. We need to continue to bring up interest rates into a restrictive stance. We did a lot of work this year in getting expeditiously to a restrictive stance. Now we're just in starting that bringing rates even higher. And I think we're going to need to be there for a long, you know, quite a while in order to get inflation on a sustainable downward path. Master was interviewed on Bloomberg radio. Brittany griner intends to play basketball for the WNBA again. Bloomberg's and moss to explains. In her first statement since returning from prison in Russia, Brittany griner says she intends to play basketball for the WNBA's Phoenix mercury this season, and thanked those who advocated for her release. She's also pressing for the release of ex marine Paul Whelan. In her social media post grinder, thank the Biden administration for bringing her home and so the last ten months in Russia were a battle at every turn. I'm Anne mos two Bloomberg radio. Meantime, efforts are intensifying to reach a swap deal between Russia and the U.S. for imprisoned former U.S. Marine Paul Whelan after last week's exchange of griner at Abu Dhabi airport. Whelan's Russian lawyer, Vladimir azira Bangkok, told Bloomberg news that diplomacy to free the 52 year old American has accelerating and he may be swapped with in a month or two. Waylon was sentenced to 16 years in 2020 on spying charges he denies this after being detained in December 2018 while attending a wedding in Moscow. Global news, 24 hours a day on air and on Bloomberg quicktake powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg

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