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  • Santa Clara County officials said Tuesday the people died at home Feb

    Santa Clara County officials said Tuesday the people died at home Feb

    Santa Clara County officials said Tuesday people died at home in February cover more coronavirus Fortune: The question of trillion dollars: How GDP fall? After inventory, the housing market could be next to delve Google, Andrew Yang, Ariana Grande and return a new effort to sites—-5-veteran-investors-on-how-to-approach-the-coronavirus-stock-market—-How-Hong-Kong-squashed-its-second-coronavirus-wave—-The-comfort-economy-gains-momentum-during-the-coronavirus-pandemic—-PODCAST-COVID19-might-have-upended-the-concept-of-the-best-companies-of-the-year—-VIDEO-401k-withdrawal-penalties-waived-for-anyone-hurt-by-COVID19—-Subscribe-to-Outbreak–a-daily-newsletter-roundup-of-stories-on-the-coronavirus-pandemic-and-its-impact-on-global-business’>send an extra $ 1000 $ 100 000 US Many people are happy, Zabala said. families in need How companies live events pivoted to build temporary hospitals and tests 5 seasoned investors sites on how to approach the stock market crashed coronavirus How Hong Kong’s second wave coronavirus gains of economy dynamic comfort during the pandemic coronavirus PODCAST: Covid-19 could have changed the concept of the best companies of the year VIDEO: 401 (k) withdrawal penalties waived for harm anyone by Covid-19 Subscribe to home, a daily newsletter overview of stories on the pandemic coronavirus and its impact on world affairs. Hoping that we get this right the first time, he said. Newsom said he wants the state to test at least 25,000 people per day by the end of April. Everyone has a different schedule. The announcement was made after the governor of California in California was under a mandatory order domesticated, statewide for over a month. Some local governments already relax their controls remain at home. Newsom said his administration receives calls from local governments around the state questions on how they might gradually loosen their orders remain at home. Newsom said the state tests an average of 14,500 people a day, against only 2,000 tests per day in early April. The restaurants were some of the first companies ordered to close because of the outbreak of the virus, and they suffered some of the heaviest job losses. Other indicators Newsom said he oversees in particular if the State has adequate protective equipment for health workers, better treatment of the disease and test expanded. At Van Buren Golf Center in Riverside, supervisor Angel Zabala said sales were flat when the nine-hole course reopened Tuesday. For most people, the new coronavirus causes sites—-5-veteran-investors-on-how-to-approach-the-coronavirus-stock-market—-How-Hong-Kong-squashed-its-second-coronavirus-wave—-The-comfort-economy-gains-momentum-during-the-coronavirus-pandemic—-PODCAST-COVID19-might-have-upended-the-concept-of-the-best-companies-of-the-year—-VIDEO-401k-withdrawal-penalties-waived-for-anyone-hurt-by-COVID19—-Subscribe-to-Outbreak–a-daily-newsletter-roundup-of-stories-on-the-coronavirus-pandemic-and-its-impact-on-global-business’>mild or moderate symptoms, such as fever and cough that clears two to three weeks. This will go to the obvious questions and queries that we are all asking: When? When you see a bit of a release in the valve so that we can let some of this pressure, Newsom said Tuesday, teases what he says will be the first of the weekly updates on the states progress towards reopening . golf During the weekend, the Department of the California Public Health issued new testing guidelines which, for the first time, recommends testing for people in high-risk situations, even if they do not present symptoms. California has more than 35,600 confirmed cases and 1,300 deaths coronavirus, according to data compiled by the Johns Hopkins University. Newsoms news conference, scheduled for noon Wednesday will be closely monitored by business groups clamoring to open so they can start paying their workers again. We hope that (Wednesday), we could hear a few additional steps the governor that small businesses will be able to take to open their doors and turning their lights, said John Kabateck, director of the state National Federation independent businesses. But like most industries, restaurateurs are torn between the desire to get back to work and not want to rush too early and the establishment of risk deadly new epidemic of the disease, said Jot Condie, CEO of the California restaurant Association. The new board is designed for hospitals, prisons and shelters three locations where physical distancing is difficult. Health officials say two people died in California with coronavirus weeks before the first reported death from the disease. A survey of restaurateurs conducted by the National Restaurant Association found more than 1 million workers have lost their jobs or been furloughed since March at least 70% of all restaurant employees working in February. So the challenge, said Newsom. 17, with the first death in the virus Nation reported February Last week, Newsom said he wont loosen considers this order until hospitalization, especially in intensive care units, and flatten begin to decline for at least two weeks. Gavin Newsom promised an update to deep dive Wednesday States’ capacity to test for coronavirus and track and isolate that have it, one of the six indicators, he said, is the key to the lifting of an order to stay home that has slowed the spread of the disease, while forcing millions of people to apply for unemployment benefits. Centers for Disease Control and Prevention tested positive for the virus, officials said. Still, in a state of nearly 40 million people, that’s not enough for those responsible for public health that the highly contagious virus scope that still causes outbreaks across the state in nursing homes and homeless shelters. For some, especially the elderly and those with existing health problems, it can cause more serious illnesses, including pneumonia and death. Tuesday Newsom announced ICU admissions increased 3.8%


  • The CEO of one global company, with tens of thousands of employees around the world, said he expects most of his workforce to continue to work from home until Christmas

    The CEO of one global company, with tens of thousands of employees around the world, said he expects most of his workforce to continue to work from home until Christmas

    The CEO of a global company with tens of thousands of employees worldwide, said it expects most of its staff to continue working at home until Christmas. Participants discussed mainly the CEO workersmany professional challenges that have successfully adjusted to work at home. To learn more about the companies in the coronavirus economy, the special report of Fortune, you can find online this morning here. The members of the Fortune CEO Initiative met practically yesterday to discuss plans and protocols for employees to return to work. office Everything seemed to have given much thought to the progressive elimination of returning to work and the creation of new office protocols, such as social distancing, intensive cleaning, personal protective equipment, A / B teams, temperature controls and in some cases in exercise test. Another CEO said his company, with hundreds of thousands of workers would move gradually, starting with about 20% of workers in the first phase. A CEO of West Coast said it will be the second half of 2021 before a return to the true normal life. As they say: We arent going to come back simply because the government says its agreement. In large part were the undisputed greatest challenges faced by workers who have no choice but to leave home to do their jobsfactory workers, janitors, restaurant and retail staff, transport workers, etc.


  • families in need How live-event companies pivoted to building temporary hospitals and testing sites 5 veteran investors on how to approach the coronavirus stock market How Hong Kong squashed its second coronavirus wave The comfort economy gains momentum during the coronavirus pandemic PODCAST: COVID-19 might have upended the concept of the best companies of the year VIDEO: 401(k) withdrawal penalties waived for anyone hurt by COVID-19 Subscribe to Outbreak , a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business

    families in need How live-event companies pivoted to building temporary hospitals and testing sites 5 veteran investors on how to approach the coronavirus stock market How Hong Kong squashed its second coronavirus wave The comfort economy gains momentum during the coronavirus pandemic PODCAST: COVID-19 might have upended the concept of the best companies of the year VIDEO: 401(k) withdrawal penalties waived for anyone hurt by COVID-19 Subscribe to Outbreak , a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business

    families in need How companies live events pivoted to build temporary hospitals and tests 5 seasoned investors sites on how to approach the stock market crashed coronavirus How Hong Kong’s second wave coronavirus gains of economy dynamic comfort during the pandemic coronavirus PODCAST: Covid-19 could have changed the concept of the best companies of the year VIDEO: 401 (k) withdrawal penalties waived for harm anyone by Covid-19 Subscribe to home, a daily newsletter overview of stories on the pandemic coronavirus and its impact on world affairs. FOR MORE coronavirus Fortune: The question of trillion dollars: How GDP fall? After inventory, the housing market could be next to delve Google, Andrew Yang, and Ariana Grande back a new effort to send an extra $ 1000 $ 100 000 US Telehealth going public, said the company CEO Geoffrey Boyce. Copeland said part of the exchange could Telehealth permanent sense. Cohen said fraud guardrails were removed under this epidemic. However, the industry considers a roll. CMS did not respond to written questions Kaiser Health News seeking comment on its telehealth policies. She said that the alliance hopes to show the value of telehealth and help win broad acceptance of virtual doctors visits. But now the number of virtual tours [] are staggering, said Drobac, executive director of alliances. Officials fear that some telemedicine companies can take advantage of Medicare patients they come in contact with at home. Theres little doubt that the coronavirus crisis brought Telehealth at the forefront of medicine, something Washington lobbying the years could not accomplish. In the briefing on March 17, Verma added that CMS wanted to relieve medical regulatory professionals who could take time away from treating patients. The telemedicine industry argues that its operations are not more prone to billing abuse than any other branch of health care. Federal officials telemedicine providers have also enabled franchises patients and waive coinsurance in emergencies. His company also wants to reverse the ban on doctors Medicares living outside the United States Telehealth, or telemedicine as also known, covers a wide range of services via video, phone or email. A crisis always spawns fraudsters, said Krista Drobac, executive director of the Alliance for Connected Care, which advocates telehealth. Congress greatly contributed to the acceptance of the speed of telehealth as part of the stimulus package of $ 2 trillion. CMS is also allowing Medicare Advantage plans, which together process more than 22 million Americans use telehealth to help set payment rates. Lindsey Copeland, director of federal policy for Medicare Rights Center, said his group agreed that telehealth could ensure that people on Medicare would not be forced to put in danger to get care needed. The coronavirus has stopped [medical] profession in his ways, and we must adapt to a new reality, said Dr. Kaiser Health News (KHN) is a news service covering nonprofit health issues. Telehealth supporters also argue that they have successfully intervened to fill a void caused by many doctors temporarily close their offices. Verma has temporarily lifted a variety of federal restrictions on the use of the service, which had been limited to rural areas. The Alliance for Connected Care, a group that advocates Telehealth and more than three dozen members go to Amazon J. Michael He said other health networks have reported similar peaks in one case in New York zero ramp up to 5500 visits in a single day. dollar In an emergency, those front lines shouldnt have to worry about federal rules and red tape hocks when they need flexibility first. There are unscrupulous providers out there and they have a much greater range of telehealth, said Mike Cohen, an operations officer with the health and Inspector General Services Office, which is investigating fraud in health care . These fraudulent activities can become massive because the rooms telephone operating worldwide can target thousands of patients and health insurance may have difficulty differentiating abusive invoices submitted by those legitimate Telehealth operation. Other rollbacks in regulations could prove controversial and telecare safetyfrom affect patients relaxation of restrictions on opioid video requirements to facilitate the licensing of physicians practicing across state lines. In September 2019, the Justice Department charged 35 people as part of a telemedicine system that would have been torn over $ 2.1 billion in Medicare, among the largest such fraud in the US Kvedar said virtual tours Partners HealthCare, where he is Senior advisor, jumped 1,600 virtual tours February 2019 90 000 in March. But the action of Trump has also raised concerns that it could inadvertently trigger a wave of billing fraud and abuse and risk patient safetyespecially if officials give in to industry pressure to make a lot of political emergency permanent changes. Cohen said investigators see tons of fraud already linked directly to Covid-19, including using the patient accounts to bill for coronavirus emergency kits contain gloves and hand sanitizer or fake test kits. There will be a lot of pressure on the CMS for at least some of these changes permanent. When traders get a patient billing numbers, they often tack on thousands of dollars in genetic tests that are of no value to medical records, investigators said. Under normal conditions, these actions can be interpreted as a backlash because they discourage patients complain loads or may lead to abuse of medical services. On March 17, the Chief Medicare Seema Verma spoke on the podium at a briefing in the White House coronavirus and unveiled a historic action to promote virtual medical care or telehealth. treating patients here using telehealth. She praised Telehealth, saying he could handle routine care for an elderly patient with diabetes without risking a visit to a doctor’s office. CMS in early March approved dozens of new billing codes to allow medical billing services professionals. On March 30, CMS said it would suspend efforts to recover hundreds of millions of dollars in overpayments to health plans. She said beneficiary Medicare with mild flu symptoms could receive medical advice at home instead of leaving home and sitting in a waiting room full of other vulnerable people. Boyce said the company would only use doctors who have been trained and certified in this country. Prices CARES Act $ 200 million by the Federal Communications Commission to medical groups to help them install the technology and fund broadband facilities. The problem is that things will never return to what they were. Were to the point where there is no turning back. And we do everything in our power to ensure that this does not happen, says Verma. There’s much more interest now that people should stay home. In some cases, companies have a job telemarketers to call thousands of people on Medicare and to offer a free service for their patient ID numbers, which can be used to bill the government. Some of the most important recent cases of Medicare fraud have questioned this kind of marketing, often for the wrong genetic tests or prescribe unnecessary pain creams or delivery of unwanted medical equipment


  • A new position in the C-suite Perhaps no greater signal of the environmental focus that now permeates the business world could have been offered than the presence in our event of dozens of chief sustainability officersa job title that did not exist 30 years ago, much less 50

    A new position in the C-suite Perhaps no greater signal of the environmental focus that now permeates the business world could have been offered than the presence in our event of dozens of chief sustainability officersa job title that did not exist 30 years ago, much less 50

    A new position in the C-suite can be no greater place environmental signal that now permeates the business could have been offered as the presence in our case of tens of sustainable development leader officersa job title that n ‘did not exist 30 years ago, much less 50. in the last 50 years. Even the challenge of leadership and energy-intensive industries arranged an image changing transformation that is underway. But despite the changes in attitudes over the last 50 years and the progress that has been made, the damage to the Earth continues. This week marks the 50th anniversary of the celebrations around the country and teach-ins environment that has come to be called Earth Day. A crowd present at the first celebration of Earth Day, the Fairmont Park in Philadelphia. In an equally dramatic turnaround from past decades, senior officials of major environmental groups like the World Wide Fund for Nature, Natural Resources Defense Council, Global Reporting Initiative, and the Board’s Accounting Standards Sustainable Development highlighted their work with businesses. (You can watch a recording of the summit here.) More important than the travel change and technology, we observed a marked change in tone. In this regard, Nobel economist Bill Nordhaus of Yale prizewinning told our top the best way to deal with climate change would be by carbon fillers of some kind.Calls like this were a common feature of environmental debates years.But broad support as the price of carbon among business leaders who spoke reflected a very new attitude in the business world. (Xinhua Photo / Michael Nagle via Getty Images) We see this trend intensified in the coming years. Both Wal-Mart and Trane HVAC manufacturer have launched initiatives to reduce Gigaton 1 billion tonnes of emissions by 2030. Armstrong Roberts / ClassicStock / Processor Getty Images) To commemorate this anniversary, Yale University’s School of Environment, School of management, and the common law faculty organized the summit Business Sustainability Yale. Today, no company can go ahead without a deep appreciation for what is necessary to maintain what management experts call its social license. In addition to these companies responsible for the environment, our Earth Day @ 50 event attracted an impressive number of government officials, engineers, scientists, public health experts, historians and professors, students, and others interested in evaluating the legacy of Dayand Earth to highlight how their fields would contribute to the mounting pushed societys challenges to address issues of sustainability. Dan Esty is a professor at Yale University Hillhouse and publisher of the recently published book better planet: 40 great ideas for a sustainable future. But the world is very different largely because TodayIn April 22, 1970, 20 million Americans took to the streets to demand a reduction in air pollution, improving water quality, and better waste management. One after another, the CEOs of major companies, including Alan Jope, Unilever, Darius Adamczyk Honeywell and Steve Voorhees ofWestRock, one of the country’s largest producers of packaging, explained how a focus on ‘sharpened their environment has helped companies reduce costs, reduce risk, increase sales and add value to their bottom line. While activism in the immediate aftermath of the original Earth Day led to the legislation on clean air, drinking water safer, toxic substances, surface mines and endangered species, the aim of the summit was whether and how business has changed. Jeff Sonnenfeld is senior associate dean and Lester Crown Professor of Management Practice at the Yale School of Managementand President of the Institute of Executive Leadership Yale chief. Pedestrians pass a card on Broadway street closures during Free Car Earth Day 2019 in New York, April 27, 2019. In closing the summit, Indra Nooyi, chairman and former CEO of PepsiCo, said: Maybe, just maybe we can emerge from this pandemic for the long term and more sustainable form of capitalism.We share that hope. focus Instead of seeing environmental issues regarding the conservation of land and industrial pollution control as a burden for companies, heads of business participants spoke of how environmental sustainability has become a key element of business strategy from day to day. Ralph Izzo, chief executive of the utility PSEG, discussed how his company has invested more than $ 2 billion in solar power and close to this amount in offshore wind, as well as significant investments in energy efficiency .Were trying to create a future in which customers use less energy, the energy they use is cleaner, that clean energy comes with a higher degree of reliability and resilience, and electricity is used to power the broader economy that power today, Izzo told the summit. During the last half century, leadership of American business has largely shifted its thinking on the environment, see the pollution and resource management for conflict and annoyance to recognize sustainability as a value strategic trade. They argued that the world needs to wake up to the environmental degradation and change his ways. Other companies are working to significantly reduce the amount of energy used in their industries. While NGOs continue to push for more ambition in their business partners, their continuing engagement with companies across the country showed that progress toward a sustainable future happen faster if the capacity for innovation and financial strength business world can be leveraged. Companies must therefore play an even more important role to work with the government to provide changes of transformation necessary to move society towards a clean energy future and a sustainable path more generally. At that time, most companies saw environmental issues as a secondary issue, or even an obstacle to theirreal business of manufacturing and selling goods for a prosperous nation. As Mike Lamach the ofTrane CEO, declared: Our belief is that a society can change an industry, and an industry can change the world. He is the author of the pioneering book sustainability of public company Interestand Views also Farewelland Heros Back Firing. Corporate America had become a constructive force in the last 50 years traveling the United States and the world towards a more sustainable future? Response wasyes consensus though with important qualifications. And sustainability has become part of the mission and culture of most companies, if not all. most companies have realized the need to be part of the solution to sustainability. Many summit participants expressed the hope that in the wake of the crisis Covid-19, there will be an increased willingness to take greater collective action on sustainable development. He has held various senior positions at the Environmental Protection Agency in 1980 and 1990 and as Commissioner Connecticuts Ministry of Energy and protection of the environment 2011 to 2014. Most companies have launched several initiatives related to sustainability are important investments in support of these efforts, and many starting new businesses focused on providing sustainable solutions to their customers. And it is true that today’s organizations of all types and sizes set the objectives of sustainable development, report on a series of measures to monitor progress and hold their leaders accountable for environmental performance. Initiatives to reduce waste and increase recycling companies that have bought into the concept of a circular economy and have set ambitious targets for reducing the amount of landfill waste, especially packaging. In this regard, we heard repeatedly of business leaders such as the chief executive of Boston Consulting Group Rich Lesser, as companies move quickly based on business models onshareholder primacy to the prospect that astakeholder recognizes obligations to employees, customers, suppliers and communities. Walmarts Jane Ewing who shared in 2018, the company supplied 28% of its operations with renewable energy and diverted 81% of its waste in landfills. We expect the public will demand an end to this emissionsor at least insist that the company pays for the damage it causes


  • Executives whipped through slides outlining investment plans that assumed Brent would remain at $60 a barrel. Three days later, the Saudi-Russia fight sent oil prices through the floor

    Executives whipped through slides outlining investment plans that assumed Brent would remain at $60 a barrel.

    Three days later, the Saudi-Russia fight sent oil prices through the floor

    Leaders whipped slides describing investment plans that assumed Brent remain at $ 60 per barrel. Three days later, the Saudi-Russian struggle has sent oil prices through the floor. A new frightening world had arrived, one where oil demand was projected to peak in the next two decades, as the external pressure surgednot only environmentalists and regulators, but also central banks and hedge fundsfor Big Oil to diversify in less carbon energy sources. This pressure had already begun to reshape the business strategy of the industry. The impact of the coronavirus crisis have raised the profile of renewable energy projects, both in the local power and the investment plans of the oil giants. Todays energy market carnage shows every sign of intensifying this low-carbon shift. The price plummeting oil changed the calculation of return on investment for oil executives and traditional investors. Major oil companies have scurried to entrench their stock tanked over; ExxonMobil announced in April some of the deepest cuts, pledging to ax 2,020 Capital expenditures 30% to $ 23billion. World oil consumption to which growth slowed for several years, will actually fall in 2020, the first drop-year since the global financial crisis, projects the International Energy Agency. But environmental projects because they usually sell their energy in many long-term contracts that are common in the oil industry, are at low risk. For the dressing, Total for 2020 would reduce its capital spending more than 20%, nearly triple its planned cuts in operating expenses, and suspend share buybacks. But a total thing would not do, Pouyann told his workers, reduce expenses of its new energy division, a unit that includes investments in solar, wind and batteries. And big oil long-term clean energy companies activities are relatively unaffected by the reduction in short-term business expenses because these cuts are aimed at reducing the amount of oil companies put on the market today suddenly falling prices. A wind farm near Palm Springs. Three days later, Patrick Pouyann, CEO of French oil giant Total, comes to its approximately 100,000 employees a video message on the rout of the energy that was no less blunt. As oil headed for its worst year in recent memory, solar and wind power plants remains strong, according to Wood Mackenzie. Robert AlexanderGetty Images Currently, the oil industry is reeling from a double blow: a surge of supply caused by the tightrope between Saudi Arabia and Russia, and the demand destruction in the midst of a probable recession triggered by the coronavirus. Chevron also rise, including a massive natural gas field off the coast of Australia, a technology called carbon capture and sequestration, which captures carbon dioxide and shoots the many approaching undergroundan scientists consider essential to the fight against climate change. The economic downturn caused by a virus, also highlights the competitiveness of renewable energyparticularly on electricity markets, where more and more oil companies decide they need to play. In many parts of the world, the demand for electricity fell. hardest hit will be the Permian Basin, a prolific oil zone and stepped covering western Texas and eastern New Mexico. The global crash fast forward 10 years power systems in the future, Fatih Birol, the IEA executive director, wrote in March 1 analysis, giving them suddenly levels of wind and solar energy that they would not have had otherwise without another decade of investment. One example is California, long a leader in green energy. renewable energy generators typically sell their power to the grid at prices below fossil fuel generators, because their energy, unlike fossil fuels, is lost if they use it. And that highlights the growing importance of improving the flexibility of gridswith energy technologies such as energy storageto accommodate more renewable supplies. Renewable energy projects do not cost sheltered from global economic shock. The result: This year, $ 2 billion Total devote its renewable energy and energy storage incursions represent approximately 13% from spendinga the companys capital that would once have been almost inconceivable for a producer of fossil fuels. zone Long before this crash comes the price of oil epic, the energy sector has been struggling with an existential threat in the long term. Some small businesses have started filing for bankruptcy, including Whiting Petroleum, producer once high-flying in the shale play Dakotafocused North Bakken. As has happened so often in the oil patch, the boom turned to bust. Assuming that oil stays at $ 30 for two years is certainly a case of stress that we need to have our arms. But Breber said Chevrons long-term plan to reduce its carbon intensity is largely intact. This has magnified the problem, sometimes the sun or wind particularly strong, renewable energy sources generate more power than California can use. Oil prices had collapsed, reducing the price by half from us, noted CEO visibly pale, speaking of the tower in total to a microphone, he grasped in his right hand, in the style of a talk show life coach. The industry hoped that mid-April agreement to curb production, especially by Saudi Arabia, prices would buoy. These declines had the effect of increasing the percentage of power in the markets thats provided by solar and wind energy, both because their fuel is free and because of production subsidies they get. Gone are the good old days, when oil consumption grew inexorably and nations and societies that controlled most of juice hit the juiciest profits. Downsizing by major producers Permian Exxon Mobil, Chevron and Occidental Petroleum suggest spending cuts in the basin this year a total of several billion dollars. Ken Winkles feel the crisis coming from his office in Pecos, Texas, the heart Permians. It has reduced the profit margins of many oil projects along the typical lower levels of renewable energy projects. The overall growth in sales of solar panels and wind slowed compared to recent levels torrid, such as factories, shipping and electricity demand take a break. Were just the beginning of slowdown, accident, whatever you want to call, he said. 447612200000 $ decline in the market value of shares of the S & P; 500 Energy sector, March 2 to 18 March 2020. So the reasonable conclusion that renewables are serving a higher percentage of the load they would otherwise be, Steve Berberich, CEO of the operator , tells me. But challenges remain underlying industry: the abundant supply and slowing demand growth. On March24, Chevron, are struggling to find its bearings, has announced it will reduce its capital expenditure budget in 2020 20% to $ 16 billion. They will also include layoffs. At Frances Total, leaders say that construction delays are likely for some solar and wind farms because the coronavirus related restrictions are waylaying workers. This slowdown is the most difficult of the industry has faced, Pierre Breber, Chevron CFO said. The reductions will in the short term half productionnearly come by slowing production in the Permian Basin. In mid-April, with the population states under the shelter orders on the spot, the demand for electricity during the week was down 5% to 8% below normal levels, according to the manager states the power grid, the California Independent System Operator. But he’s also realistic. When Chevron held its annual investor meeting in New York on March3 amid growing concerns about the coronavirus, he abandoned handshakes, prompting leaders and analysts greet with elbow bumps. The price of Brent crude, an international benchmark oil, cratered 52% between March3 and April1, and prices per barrel were languishing around $ 30s to mid-April. In March, in an early ominous indicator, the number of permits granted-rig drilling in the county was down 38% compared to February 2020 and 59% compared to March 2019. These plans include modernizing operations oil drilling to make them more energy efficient. Winkles, Executive Director of Economic Development Corp. Pecos, considers himself an optimist


  • Representatives for the other companies didnt respond to requests for comment. John Arensmeyer of Small Business Majority, an advocacy group for small firms, said he has been disappointed that larger companies have been able to take advantage of the loan program over smaller ones. Most of the money has gone to much larger entities and the very small entities for the most part have been left behind, he said

    Representatives for the other companies didnt respond to requests for comment.

    John Arensmeyer of Small Business Majority, an advocacy group for small firms, said he has been disappointed that larger companies have been able to take advantage of the loan program over smaller ones.

    Most of the money has gone to much larger entities and the very small entities for the most part have been left behind, he said

    Representatives of the other companies did not respond to requests for comment. John Arensmeyer majority of small businesses, an advocacy group for small businesses, said he was disappointed that large companies were able to benefit from the loan program on the little ones. Most of the money went to much larger units and very small entities for the most part have been left behind, he said. , But without success. Comellas said he’s upset that the money went to large companies Ruths Hospitality Group Inc., which received $ 20 million in loans, according to a Securities and Exchange Commissionfiling. and a chain of Tex-Mex restaurants with over 10,000 employees, received loans through a major relief program for small businesses. With a loan of $ 349 billion package for owners of small businesses nowexhausted, a review of regulatory filings shows that chain restaurants and businesses in industries ranging from mining to manufacturing Cruise Travel received large amounts while many smaller companies like neighborhood restaurants and hair salons were locked out. The information could fuel calls for Congress to provide another round of funding to maintain thousands of mom-and-pop businesses afloat amid locks of the state. Annual sales totaled companys $ 661 million and there were about 10 500 employees at the end of last year. chain Potbelly Sandwich Corp., which had sales last year of $ 410 million and employs 6,000 people, also received $ 10 million. Other companies that reported obtaining financing small businesses are Zagg Inc., which makes protective coatings forsmart phones and had $ 522 million in sales last year; Hallador Energy Co., a coal mining company at $ 323 million in revenue in 2019; -Travel adventure and cruise companyLindblad Shipping Holdings Inc. Theres not representative of how much money small businesses have received to date. Astatement of the SBA and the Treasury Department said, the vast majority of these loans 74% of them were for less than $ 150,000, demonstrating the accessibility of this program, even the smallest of small businesses . But SBAreport showed that about 2% of companies approved for loans accounted for nearly 30% of the funding. , Who reported $ 343 million in sales last year; and data storage company Quantum Corp., with $ 403 million in sales. A spokesman said Potbelly Congress allowed the restaurants funding because their workers are essential to our economy. The restaurant chain raised $ 468 million in sales last year and employed about 5,700 people. Ruths home has people working and newspapers in the lobby and get things that they need to get $ 20 million, said Comellas. The loans are converted into grants if a company keeps its payroll and wages. But because the ceiling of 500 employees refers to one place run by the hotel and restaurant businesses, chains like Shake Shack may apply. Shake Shack is one of the fastest growing food companies in America, with $ 595 million in annual sales. The National Federation of Independent Business, the largest group representing small businesses in the country, asking Congress to approve $ 400 billion more for the program with at least $ 200 billion goes to companies that have 20 or fewer employees. Ninepercentof the pot went to companies like Fiesta Restaurant Group Inc. He received the maximum of $ 10 million under the program. Although more money is put into the system, we really need to establish priorities very small companies on publicly traded companies. When asked at the beginning of deployment on the concerns of small business owners that they would not get funding, Trump praised the program. Negotiations to replenish the fund hit hit a dead end last week with Republicans calling for more money and add Democrats also demand changes to ensure small businesses get loans, and more money for governments and provincial and local hospitals. Asked whether these large companies should be eligible for listed funds PPP traded, President Donald Trump on Sunday spoke of the role that franchised small businesses. I do not know much about any of these companies. Even if you have companies like mine who are buried, small businesses to be buried because we thought we heard. Funding rescue known Paycheck Protection Program is designed to help companies that people of employup to500, workers compensation and certain expenses such as rent for two months. who got loans at least $ 5 million. Rose said she and her team jumped on a conference call and literally cried to each other when they heard the money was exhausted. concept Its disgusting just enough that you hear about all these companies that have been funded and are able to pay their employees, said Rose. Fiesta, which owns and franchises restaurants Pollo Tropical and Taco Cabana, said in a regulatory filing that it has $ 10 million. These are loans that are paid immediately. He said he tried to get $ 10,000 Bank of America Corp. The company did not respond to a review of search request. In the US These are loans that get return business. Recording a city: How Seattles giant companies came together to flatten the curve How Fortune 500 companies use their resources and expertise during the pandemic Inside the economy surreal mask: predatory pricing, bidding wars and armed guards Researchers working on the search for contacts say they welcome Apple and Google’s help How all sectors of the S & P; 500 was impacted by the sell coronavirus If you’ve been a little busy lately, heres what happens with the 2020 election Looking for a refund of travel? Here’s what airlines, hotels and theme parks offer PODCAST: Covid-19 could have changed the concept of the best companies of the year VIDEO: 401 (k) withdrawal penalties to give harm to anyone by Covid-19 Subscribe to home, a daily newsletter overview of stories on pandemic coronavirus and its impact on world affairs. Treasury Secretary, said Saturday that eligibility for the PPP should be engaged to open the window to smaller companies, florists, pizza shops, etc. In the next round, we have to cut the hedge funds and strengthen small businesses that hold communities, Summers said in a tweet that summarizes an interview with CNN. More than a dozen listed companies a turnover of more than $ 100 million, including Shake Shack Inc., Potbelly Corp. Ruths Hospitality didnt respond to a request for comment. and online companies PayPal Holdings Inc. Small Business Administration program, in collaboration with nearly 5,000 lenders who pay loans, approved applications for $ 342.3 billion in 13 days, with the remaining $ 349 billion going to costs and treatment. Nancy Pelosi said the closure of the Congress to find a bipartisan agreement in an interview with ABC News This Week with George Stephanopoulos that aired Sunday. Many small businesses that have flooded the banks with applications are livid that they were left in the cold. These are loans. But many times they’re owned by franchisees, they have one or two places, Trump said at a press conference in the White House. Shake Shack says on its website that it does not work right to vote. While the tense discussions in the weekend, Trump reported possiblecompromise that could add $ 75 billion for health facilities, in addition to $ 250 billion more for the small business program. We also need to give money to those who do not cost the life of a profit, but are there to help others. Some business owners like Lupe Rose found the process very disappointing. So much of it depends on what the formula is. Some branches of Potbelly sandwich shops and Ruths Chris steak houses, which also received PPP funds are operated under franchise. , A Lancaster, California, beverages and distributor of manufacturer unsuccessfully applied for a loan by Wells Fargo & Co. While hamburger chain has fewer than 500 workers at each site, there were about 7600 employees in many places at the end of last year. and Kabbage Inc.


  • Chinas economy recorded the first contraction in decades in the first quarter as the coronavirus outbreak shut down large parts of the worlds second-largest economy and dimmed the global outlook. Gross domestic product shrank 6.8% in the first quarter from a year ago, the worst performance since at least 1992 when official releases of quarterly GDP started, missing the consensus forecast of a 6% drop

    Chinas economy recorded the first contraction in decades in the first quarter as the coronavirus outbreak shut down large parts of the worlds second-largest economy and dimmed the global outlook.

    Gross domestic product shrank 6.8% in the first quarter from a year ago, the worst performance since at least 1992 when official releases of quarterly GDP started, missing the consensus forecast of a 6% drop

    China’s economy recorded the first contraction in decades during the first quarter of the epidemic coronavirus has closed many of the worlds second largest economy and the global outlook dimmed. Gross domestic product fell by 6.8% in the first quarter of last year, the worst performance since at least 1992, when the official versions of the quarterly GDP started, missing consensus forecasts of a decline of 6% . Factory output fell 1.1% in March, retail sales slipped 15.8%, while investment fell by 16.1% during the first three months of the year. concept The sharp contraction highlights the pressure that Chinese policymakers face when they attempt to revive the economy without destroying the efforts to contain the virus. The global recession has hit exports mainly in the second and third quarters of 2020, domestic demand is still hampered by quarantine borders and the stimulus of transmission is low amid spreading bankruptcies and job losses. China’s economy was forced to paralysis in late January that the epidemic that began in the spread of Wuhan in the country


  • If the FDA approves, the state could test as many as 100,000 New Yorkers a day, Cuomo said. Cuomo emphasized that wide-scale testing was vital to any plan to reopen schools and businesses and that the states cant afford to do such testing without help from the federal government. In a reminder that normal life will be a relative term in New York for the foreseeable future, Cuomo said he would sign an executive order requiring New Yorkers to wear a mask covering their nose and mouth in situations where social distancing cant be maintained. The order will take effect at the end of the week, Cuomo said

    If the FDA approves, the state could test as many as 100,000 New Yorkers a day, Cuomo said.

    Cuomo emphasized that wide-scale testing was vital to any plan to reopen schools and businesses and that the states cant afford to do such testing without help from the federal government.

    In a reminder that normal life will be a relative term in New York for the foreseeable future, Cuomo said he would sign an executive order requiring New Yorkers to wear a mask covering their nose and mouth in situations where social distancing cant be maintained.

    The order will take effect at the end of the week, Cuomo said

    If the FDA approves, the state could test up to 100,000 New Yorkers one day, said Cuomo. Cuomo said that large-scale testing was essential to any plan to reopen schools and businesses and that states can not afford to do these tests without the help of the federal government. In a reminder that normal life is a relative term in New York for the foreseeable future, Cuomo said he would sign a decree demanding New Yorkers to wear a mask covering the nose and mouth in situations where social distancing can not be maintained. The order will take effect at the end of the week, said Cuomo. New York took a first step on the long way back to normal life and began to lay the foundation of how the process works, the introduction of an antibody test to identify medical personnel and other essential workers who have already had the coronavirus and have some immunity, Governor Cuomo said. As the crisis of the United departures reflux and officials begin planning massive commitment in return from New York to a semblance of normality, they began to establish initial goals and milestones. And in a sign that officials believe the infection crisis phase is really happening, NY recipient of thousands of fans from other states and countries that the virus mounted now sends to other states, with 100 Michigan and 50 in Maryland. Were still in the woods, Cuomo said. There will not be a penalty for non-compliance in the beginning, but if people do not cost the order, he said, it will allow a fine which would be enforced by local governments. fear The new measures towards reopening begin to take the stage for New Yorkers eager to get back to work and move freely as they are revealed in a context of ongoing conflicts virus. Thousands of new infections are reported every day, and there was a sudden jump in the number of hospital admissions for new patients with the virus, about 2,250 in one day. Yet the total number of hospitalizations, ICU admissions and intubations in which patients were placed on the support of the fans were down overall. Initially, the test is made available to first responders and other essential workers on the front line of the battle against the virus. Using a test kit developed by the State Department of Health, the program will run 2000 tests per day, Cuomo said Wednesday at his point of viruses daily. Although new data shows the scope of infections has reached a plateau and begins to ebb, it also shows the pandemic is far from over. New York, recorded 752 deaths related to the virus in the last 24 hours, the 12th consecutive day with more than 500 deaths. Those antibodies will be allowed to return to work sooner, because they no longer carry the virus and developedresistanceto it. New York has been authorized to carry out tests in its own laboratories. But with a lack of ability test and a vaccine still as long as 18 months later, they are looking at a gradual reopening based on two key factors: how business is an essential, and what is its risk profile is to reboot the spread of the virus. A key element of the plan is to get testingup tospeed, both so that people have the virus and that people once had and have developedresistance