Bloomberg, Mcclatchy Company, Bloomberg Thiss discussed on Meet the Press
And I'm Susanna Palmer in the Bloomberg News Room. Hedge fund manager Chatham Asset Management has emerged as the winner in a bankruptcy auction for McClatchy Company. That ends 163 years worth of family ownership for the newspaper chain. The sale announced by McClatchy today must be approved by the judge overseeing the bankruptcy. McClatchy publishes some 30 daily papers, including The Miami Herald, The Sacramento Bee in the Kansas City Star Credit Suisse Group could cut hundreds of jobs as the Swiss lender considers different savings plans that would allow it to reach its profit targets. That's according to Swiss newspaper Song Tags, I tongue which didn't say where he got the information. Tesla has cut the price of its model Y cross over less than four months after starting sales. Tesla's website says the starting price for the model why is now $3000 lasted just under 50,000. West Elm says it will devote more shelf space two products from black owned businesses and prioritize diversity in the workplace. More from Bloomberg's Courtney Donahoe, the home goods retailer, signed on to the 15% pledge a grassroots suffered to increase representation of black owned brands and stores across the country. William Tsunami unit said in a statement that would also increase the share of black employees at the corporate level to a minimum of 15%. The plan adds to renew push across corporate America to address systemic racism. Courtney Donna hope Bloomberg Radio Several banks are on the schedule to kick off earning season, including J. P. Morgan Bank of America, Wells Fargo, Goldman Sachs Beyond Melon and Citigroup. They all start off the earning season. Mohamed El Erian, chief economic advisor, Italians, the parent company of Pimco, and a Bloomberg opinion columnist. Says. For most, Cos it comes down to three issues is my values strong enough be was the mon and where you're going. Looks like and see what is my cost structure is going to look like Global news, 24 hours a day on air and on Bloomberg Quick take powered by more than 2700 journalists and analysts in more than 120 countries. I'm Susanna Palmer. This is Bloomberg Thiss,.