MercyOne says financial trouble will lead to job cuts – KCCI Des Moines

MercyOne warns employees of upcoming layoffs. It’s losing money, and the health care system appears to be cutting staff primarily in its administrative areas. “As the leader of MercyOne, I take full responsibility for the current situation,” MercyOne president and CEO Bob Ritz said in a YouTube video made for employees. KCCI has received a […]
The 'greatest tragedy' would be if central banks don't finish the job on inflation, Larry Summers says – CNBC

Larry Summers at the World Economic Forum in Davos, Switzerland. David A. Grogan | CNBC Former U.S. Treasury Secretary Larry Summers said it would be the “greatest tragedy” for the global economy if central banks didn’t finish what they started to bring inflation back to Earth. Central banks around the world are aggressively tightened monetary […]