Kellogg (K) Discontinues Operations in Crisis-Hit Venezuela
Kellogg (K) pulls out of Venezuela citing economic and political .....»»
Kellogg"s latest US brand to close door on Venezuela
The Kellogg Company says it's closing operations in Venezuela at a time of widespread hunger in the crisis-wracked South American nation......»»
Kellogg latest US brand to ditch crisis-wracked Venezuela
The Kellogg Company says it's closing operations in Venezuela at a time of widespread hunger in the crisis-wracked South American nation......»»
Kellogg Is Shutting Down Operations in Venezuela Amid the Economic Crisis
Food shortages and inflation have put even cereal out of reach of most Venezuelans. Corn Flakes may be even scarcer in Caracas. Kellogg k said .....»»
Kellogg closing operations in Venezuela, AP reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Maduro rebukes Kellogg for leaving Venezuela, gives unit to workers
CARACAS/VALENCIA (Reuters) - Venezuelan President Nicolas Maduro blasted U.S.-based cereal maker Kellogg Co on Tuesday for pulling out of the country due to the economic crisis and vowed to hand over the company's factory to workers......»»
The Wall Street Journal: Kellogg closes operations in Venezuela amid country’s ‘deterioration’
Kellogg Co., citing the “deterioration†of a country in the midst of an economic meltdown, said Tuesday it was closing operations that employed 400 workers and produced the majority of the breakfast cereal consumed by Venezuelans......»»
Maduro seizes Kellogg plant after it leaves Venezuela due to crisis
CARACAS (Reuters) - U.S.-based cereal maker Kellogg Co on Tuesday pulled out of Venezuela due to the country's deep economic crisis, and an angry President Nicolas Maduro said its units would be taken over and given to workers......»»
Kellogg Pulls Out of Venezuela, Citing Its "Deterioration"
Kellogg Co., citing the “deterioration†of Venezuela, said it was closing operations that employed 400 workers and produced much of the breakfast cereal consumed in the country......»»
Venezuela"s domestic airline industry suffers amid economic crisis
Venezuela's domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard to obtain tickets and causing chronic flight delays......»»
Tire maker Pirelli abandons Venezuela, adding to business exodus
Manufacturer Pirelli said on Friday it had ceased operations in Venezuela, selling its car tire factory for an unspecified amount and adding to the flood of foreign businesses abandoning the crisis-wracked country......»»
Fuel Crisis Eases As Colonial Pipeline Returns To Normal After Ransomware Attack
The Colonial Pipeline Co. said Saturday that it has returned its service to normal operations. read more.....»»
Jack Ma"s Ant Mulls Creating Holding Company To Resolve Regulatory Crisis: Report
Alibaba Group Holding Ltd (NYSE: BABA)-backed Ant Group is considering a holding company framework for its financial operations, Bloomberg read more.....»»
Delta, others wrestle with too many planes, too many pilots
Delta Air Lines moved to retire its Boeing Co 777 fleet and reduce its pilot ranks on Thursday as it joins other airlines wrestling with the need to shrink their operations to match reduced air travel due to the coronavirus crisis......»»
Crypto Under Corona: From Venezuela to Liberland
How's the global crypto community copi during the COVID-19 crisis? Jeff Wilser checks in with groups in seven locations......»»
Don’t risk litigation: Revise employment policies before reopening
What will the workplace look like as businesses return to normal operations during the middle of a global health crisis? We are in unchartered territory, with many commentators predicting that the office as we know it will never be the same. In rece.....»»
Airbus deliveries plunge 80% in April
Airbus deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data showed on Thursday......»»
Leggett & Platt Reports 1Q Results And COVID-19 Impacts
CARTHAGE, Mo., May 4, 2020 /PRNewswire/ -- Diversified manufacturer Leggett & Platt reported its first quarter 2020 results of operations, impacts from the COVID-19 pandemic on its business, and responsive actions. SUMMARY Crisis response t.....»»
Chevron CEO Wirth says no plans to leave Venezuela: CNBC
Chevron Corp has no plans to wind down all operations or exit Venezuela, Chief Executive Officer Mike Wirth told CNBC, days after the Trump administration barred the U.S. oil major from drilling or transporting oil in the South American nation......»»
Electronics manufacturing company Adafruit has seen a 90% plunge in sales during the coronavirus pandemic, but it"s been able to overhaul its operations to build medical supplies for crisis relief
Adafruit Adafruit, an electronics manufacturing company based in New York City, sprung to action after local officials put out a call for help during the coronavirus pandemic. The company is n.....»»
Mnuchin says ‘we need to spend what it takes’ to overcome coronavirus crisis
SL Green Realty, a major New York landlord, lowered its guidance for 2020 as it faces economic disruption from the coronavirus outbreak. The real estate investment trust said funds from operations,... To view the full story, click the title link......»»