Kellogg (K) Discontinues Operations in Crisis-Hit Venezuela

With most of the country locked indoors amidst the COVID-19 crisis, food supply chains have continued to function largely unhindered, even if there exists no semblance of normalcy in their operations. read more.....»»

New details are emerging about how cruise lines have handled the coronavirus pandemic. Bloomberg News reports executives from Carnival knew about the crisis yet continued operations as normal. Bloomberg reporter Austin Carr joins CBSN with details......»»

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.....»»

Oilfield services provider Halliburton Co said on Friday it would cease most of its operations in Venezuela after the U.S. Treasury Department imposed tight new regulations on oil and gas companies doing business in the South American nation......»»

Chevron is the last major U.S. oil company to do business in crisis-wracked Venezuela.....»»

The Trum.....»»

Chile's LATAM Airlines , South America's largest carrier, will cancel 95% of its scheduled flights in May, the company said on Friday, maintaining similar levels to its current operations due to the coronavirus crisis......»»

The coronavirus pandemic has hit virtually every business in southeastern Wisconsin hard, forcing some to close their doors, while others made significant changes in their operations to try and survive the unprecedented crisis......»»

Morgan Stanley posted a 32% fall in quarterly profit on Thursday as the coronavirus pandemic stalled dealmaking and warned that the crisis would continue to weigh on its operations in the coming months......»»

Amazon.com Inc's vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday......»»

Air France KLM said that despite cost-cutting measures to stave off the impact of the coronavirus crisis, it expects it will be short of cash in the third quarter, but said it was confident that the French and Dutch governments would support the group......»»

The Duke Energy Foundation has announced $810,000 in statewide grants — including more than $305,000 directly to the Charlotte region — to bolster schools and nonprofits with operations threatened by the coronavirus. The grants are focused on .....»»

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The coronavirus pandemic has forced restaurants, retailers and other businesses across the country to scale back or shut down their operations. A federal relief package makes available over $300 billion….....»»

A price war between world oil producers has slashed Venezuela's revenue for its top export and exacerbated the country's financial crisis as it also faces the coronavirus pandemic, U.S. sanctions and sliding crude output......»»

Bank of America Corp is better positioned to focus on operations rather than financial risk during the coronavirus outbreak, thanks to regulatory safeguards put in place after the financial crisis in 2008, Chief Executive Brian Moynihan said on Friday......»»

Schlumberger Ltd. said Tuesday its "crisis management" team has been activated as the oil services company implements its "downturn playbook" in response to the impact of the COVID-19 pandemic oil prices and it operations......»»

Gold prices surge by the most in more than a decade as the precious metal extended its gains, following the closure of gold mining operations and moves by the Federal Reserve to address the coronavirus crisis......»»

Landlords and property managers in Hawaii are scrambling to adjust their operations and respond to a pandemic crisis that is changing by the day, and bracing for the troubles tenants will have paying rent that is sure to follow......»»

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.....»»