A series of business surveys paint an almost uniform picture of sharply declining production, falling new orders and contracting payrolls
In 2018 and 2019 during the U.S.-China trade war, investors and policy makers embraced global manufacturing PMIs as a leading barometer of economic health. WSJ explains how purchasing managers can offer an early look at the direction of the economy.
In other news water is wet
LaurieRoberts
No shit.
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BP will not cut jobs over next three months: CEO LooneyOil major BP PLC will not cut jobs over the next three months, Chief Executive Officer Bernard Looney said, even as the company seeks to reduce spending following an oil price crash. Ohh..you mean after six months when earnings will come weak. That’s why I love this company.. great leadership. Good job Looney.. I’ll be buying a-lot more tomorrow at open! 💪🏾 Wow. Now there's an apt name for a fossil fuels CEO, but good on them for not firing anyone during this crisis.🤔
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Maine sheriff investigating claim that armed men cut down tree to force neighbor's quarantinePolice in Maine are investigating an alleged incident in which armed residents used a tree to block a man's driveway in order to quarantine him and his roommates from the coronavirus. The man, who is renting the house in the town of Vinalhaven in the Fox Islands, left the house to check on a severed
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Messi announces additional Barca pay cut to help employeesPlayers of FC Barcelona have agreed to make some extra monetary contribution in addition to their 70 percent pay cut for the club to pay the wages of employees during the La Liga break and state of national emergency. And this is why Messi is Messi and others are , well . . . not Messi. Messi LionelMessi FCBarcelona TuesdayMotivation TuesdayMorning TuesdayThoughts
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Breaking Down Tim Gunn & Heidi Klum's New Show 'Making the Cut' & Teasing What's AheadBreaking Down Tim Gunn & Heidi Klum's New Show Making the Cut & Teasing What's Ahead
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Hyatt Executives Who Took Pay Cut Stand to Gain Through Latest Stock and Option AwardsAfter furloughing hotel staff, the company said a number of executives would take a 50% reduction in pay in the next few months. The value of their latest compensation packages could exceed those cuts, a new analysis shows. The diagnosis and death of a large number of American people ，and the negative attitude of the American government ，have become the tools for the rich groups to collect money crazily Wouldn't Hyatt shareholders want management rewarded if they are somehow able to resurrect the company's share price? They were down about 60% prior to stimulus talk. The key is to set serious goals. Managing a hotel chain through a depression will not be easy.
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