Why a Virgin bailout call is trickier than $130b in wages

Why a Virgin bailout call is trickier than $130b in wages

ChanticleerThat Virgin needs help is clear. That the government wants two airlines after the pandemic is clear. But how to provide assistance and avoid distorting the wider sector is difficult. As any leader will you, it’s the small decisions that are often the toughest. The big calls are often so blindly obvious there is only one…
Dow Jones Futures In Focus After Big Coronavirus Stock Market Rally; Amazon Stock Offers New Buy Point – Investor’s Business Daily

Dow Jones Futures In Focus After Big Coronavirus Stock Market Rally; Amazon Stock Offers...

The Dow Jones futures were higher Monday evening after a big coronavirus stock market rally Monday. Amazon stock has a new buy point.
Whole Foods workers plan sick-out for Tuesday – SF Gate

Whole Foods workers plan sick-out for Tuesday – SF Gate

If you shop at Whole Foods, you may find the grocery store understaffed on Tuesday. Organizers of an online petition are encouraging employees at the national chain - which is owned by Amazon - to call in sick on March 31.
Card data shows panic buying slows, services crashing

Card data shows panic buying slows, services crashing

Mar 31, 2020 – 9.46amCredit and debit card data for the first week of major shutdowns around the country shows the growth in panic buying has started to unwind, while spending on services has collapsed even further.Commonwealth Bank of Australia's latest data shows food spending in the week to March 27 was up 18 per…
Virgin seeks $1.4b government bailout

Virgin seeks $1.4b government bailout

Mar 31, 2020 – 9.43amVirgin Australia has confirmed reports it is seeking a $1.4 billion loan from the federal government amid the COVID-19 pandemic.The airline — which is about 90 per cent owned by foreign companies like Singapore Airlines, Nanshan, HNA Group, Etihad and Richard Branson's Virgin Group — said discussions were ongoing."We have been…
How to buy property during COVID-19

How to buy property during COVID-19

OpinionProspective buyers should contact the big real estate agents in their area to advise them they are 'in the market'. You may - or may not - get a bargain.Richard WakelinContributorFew of us will be buying or selling property in coming weeks, given the practical challenges and the need for caution.But there will be owners…
Dow climbs 691 points as healthcare firms make progress towards coronavirus treatment

Dow climbs 691 points as healthcare firms make progress towards coronavirus treatment

Dow climbs 691 points as healthcare firms make progress towards coronavirus treatment
Macy’s to furlough most of its 130,000 employees after being forced to close its 500 stores – Daily Mail

Macy’s to furlough most of its 130,000 employees after being forced to close its...

Unemployment in the U.S hit a record high last week with 3.28M making claims, main. Macy's, inset, said Monday it is transitioning to an 'absolute minimum workforce'.
ASX to extend recovery; Wesfarmers reduces Coles stake

ASX to extend recovery; Wesfarmers reduces Coles stake

LiveUpdated Mar 31, 2020 – 8.07am, first published at 7.49am3 mins ago – 8.07amCollins Food sees sales hit from store closuresWilliam McInnesCollins Food says the closure of its dine-in KFC and Taco Bell restaurants has taken a hit on the company's overall sales.Collins Food has closed dine in services in a number of markets. SuppliedThe company…
Australian virus cases rise 6.6pc; Global cases above 766,300

Australian virus cases rise 6.6pc; Global cases above 766,300

LiveUpdated Mar 31, 2020 – 7.46am, first published at 7.16amKey PointsCOVID-19 cases are up 263, or 6.6 per cent, to 4243.Globally, there are 766,366 cases and 36,873 people have died.For a daily update straight to your inbox, subscribe to our newsletter, Need to know, here.24 mins ago – 7.46amGeffen deletes Instagram following iso yacht backlashAmerican…