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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%......»»
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......»»
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.....»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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,.....»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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 .....»»
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......»»
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%......»»