What Might COVID-19 Mean for Trade Unions?
"COVID-19 presents both threats and opportunities for trade unions, and with the most promising membership figures in four decades being released last year, this crisis has come at a crucial time."
"COVID-19 presents both threats and opportunities for trade unions, and with the most promising membership figures in four decades being released last year, this crisis has come at a crucial time."
"HSBC has become as yesterday as Deutsche Bank."
"Uber CEO Dara Khosrowshahi, who was granted a $45M earnings package in 2018, announced he will also waive his $1M base salary for the remainder of the year."
"...discussion about the potential restructuring of their entire operation appears to have begun."
"...if you want a really clear example of how this plays out, look at Hertz. Bust."
"We must also plan for longer-term reform to build a more stable and sustainable early childhood sector for all Australian children, which is less likely to need rescuing in the event of future shocks."
"Cultdom is not a sustainable business model. ... It has, at its heart, the seeds of its own demise."
"In America today, the rules of the game are slanted very heavily in favor of huge corporations and are slanted very heavily against small businesses."
"Fox Business is reporting that Hertz is preparing to file for bankruptcy due to plunging car rental ridership."
"The institutional Right’s embrace of corporate capitalism and globalisation is equally problematic."
"...more than 26 million Americans have lost their jobs during this pandemic so far."
The US travel industry should "expect to see an average decline in revenue of 81% for April and May."
"Everyone can tell stories – few of them are positive."
Twenty-eight percent of restaurants say they will not survive another month of lockdown, according to one survey.
"With a dollar collapse, the populace will have little choice but to either bow down to the new digital system or go rogue and start building their own systems using their own production, barter, local scrip, and gold and silver. This is the world we are heading into, make no mistake. Be ready for it."
The vessel had just recently been in drydock for collision repairs.
"...the CARES Act ... requires all financial institutions to allow borrowers with government-backed mortgages to defer payments for an extended period of time. ... industry insiders are warning that we are literally on the verge of a “collapse” of the mortgage market."
"There are even calls for the central banks to extend their programmes into the $1.6 trillion junk debt market..."
"At the press conference, Lindell announced that his Minnesota bedding factory would begin dedicating 75% of its production capacity to manufacturing masks to ease shortages caused by the novel coronavirus pandemic."
"Policy deliverability is a critical component of Government efforts to enhance the resilience of their economies to this crisis."
"The potent combination of trip cancellations and country-specific restrictions on international flights has had a staggering impact on the $880 billion global airline industry."
"SmartRent uses smart devices, like light switches, thermostats, speakers, and numerous other devices to turn properties into real-time surveillance platforms."
"All in all, these oldest companies paint a historical picture of the major industries which have shaped entire regions."