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Another big Philadelphia law firm cuts salaries, pushes back start date of first-year associates

Associates and staff could see their pay reduced by up to 15% while partner profit draws will decline by as much as 20%......»»

Category: topSource: bizjournalsApr 20th, 2020

Opening a restaurant during a pandemic, carry-out zones in Waukesha: Quick Bites

All of the teams within grand cafés operator Lowlands Group are champing at the bit to get back to work, said chief executive officer Eric Wagner. The staff members want to reopen their restaurants, which Wagner said is “wildly inspiring” to hear......»»

Category: topSource: bizjournalsApr 18th, 2020

Delta Air Lines agrees to $1B deal to sell, lease back aircraft, Bloomberg says

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.....»»

Category: blogSource: theflyonthewallApr 14th, 2020

G-7 says it will back debt relief to poorest countries if other nations will join in

The G-7 group of wealthy nations said Tuesday it would agree to a temporary debt suspension for the world's poorest countries if a broader group of.....»»

Category: topSource: marketwatchApr 14th, 2020

Aurora Health Care staff bonuses for COVID-19 units start at $6.25 an hour and go up

Aurora Health Care will reward staff on the front lines of treating COVID-19 patients with bonuses starting at $6.25 per hour and up based on position, according to a document obtained by the Milwaukee Business Journal......»»

Category: topSource: bizjournalsApr 10th, 2020

Boston Ballet furloughs staff, suspends 2020 season

The executive director of Boston Ballet said that spirits within the ballet company were high on March 11, her first day back......»»

Category: topSource: bizjournalsApr 10th, 2020

Canada Goose bringing back up to 900 workers to manufacture medical gear

Canada Goose Holdings Inc. said Thursday that it will bring all eight of its manufacturing facilities back online and put up to 900 staff to work making medical gear for frontline workers. The outerwear company previously announced tha.....»»

Category: topSource: marketwatchApr 9th, 2020

On the COVID-19 front lines in Minnesota: A full E.R., low supplies and fear

The staff knew it was a question of when, not if, they would see the effects of the virus in their own hospital......»»

Category: topSource: marketwatchApr 8th, 2020

Exxon could delay third Guyana project as government review drags on

Exxon Mobil Corp said on Tuesday that production at the Payara project, its third development in Guyana, could be delayed due to delays in government approvals as the company scales back spending elsewhere due to the crude price crash......»»

Category: topSource: reutersApr 7th, 2020

The Suspension of Buybacks Will Reveal Who Was Swimming Naked

Companies are being forced to cut back on shareholder distributions, but this could be a blessing in disguiseRelated Stocks: AAPL, PLAY, BBBY, EAT, BAC, BK, C, GS, JPM, MS, STT, WFC,.....»»

Category: blogSource: gurufocusApr 6th, 2020

As infections balloon, coronavirus squeezes Europe"s armed forces

Military forces across Europe have scaled back operations and imposed stricter rules on personnel to try to stem the spread of the coronavirus among staff who often live and work in close quarters, making them more vulnerable to infection......»»

Category: topSource: reutersApr 6th, 2020

Chef John Howie sells off wine collection in an effort to rehire staff

Well-known chef and restaurateur John Howie was tearing up recently, after having to lay off 270 of 300 employees. But he thought of a way to at least get some of them back to work for now. “I have no cash,” he says, “but I do have wine and.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Exclusive: Amazon to deploy masks and temperature checks for workers by next week

Amazon.com Inc plans to roll out temperature checks and face masks for staff at all its U.S. and European warehouses plus Whole Foods stores by early next week, a huge deployment for workers on the front lines of the coronavirus outbreak......»»

Category: topSource: reutersApr 2nd, 2020

British Airways expected to suspend 36,000 staff: BBC

IAG-owned British Airways is expected to announce suspension of about 36,000 of its employees, BBC News reported on Wednesday......»»

Category: topSource: reutersApr 1st, 2020

Big banks reassure staff about potential job cuts

Big banks are postponing decisions about staff cuts as the coronavirus hits their businesses hard, with executives saying they are unsure how long the outbreak will hurt the economy and worried about being unprepared if business suddenly snaps back......»»

Category: topSource: reutersMar 26th, 2020

EU lawmakers back suspension of airline slots rule until October

European lawmakers overwhelmingly agreed on Thursday to suspend until Oct. 24 a rule requiring airlines to use at least 80% of their flight slots to keep them the following year so as to ease an industry crisis unleashed by the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

A health expert says back-to-back cruises can make it harder to fight outbreaks

Studio Barcelona/shutterstock Cruise lines frequently send crew members on months-long deplo.....»»

Category: topSource: businessinsiderMar 25th, 2020

Trial pitting Southwest against Delta over Love Field gate space delayed again

The start date for a trial featuring Southwest Airlines, Delta Air Lines and the City of Dallas over gate space at Dallas Love Field has been pushed back again. The trial, previously scheduled to start in May, has been pushed to the court's docket .....»»

Category: topSource: bizjournalsMar 23rd, 2020

Delta parks 600 jets and scales back flights as revenue tanks

Delta Air Lines said on Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70% until demand begins to recover from the coronavirus epidemic hit......»»

Category: topSource: reutersMar 18th, 2020

Coronavirus forces Delta to scale back flights by 70%, park 600 jets

Delta Air Lines said on Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70%......»»

Category: topSource: foxnewsMar 18th, 2020