Tag Archives: Bed Bath & beyond

Financial Daily Dose 7.9.2020 | Top Story: United Airlines Warns of Layoffs Affecting 40% of Its Workforce This Fall

BY: Michael D. Reif | July 9, 2020

United Airlines is preparing to furlough as many as 36,000 workers—“nearly 40 percent of its global work force”—if the travel industry remains weak as summer turns into fall. The October 1 cuts would coincide with the end of the government’s $25 billion stimulus program for passenger airlines, which “came with restrictions against substantial staffing cuts … Continue reading

Financial Daily Dose 12.18.2019 | Top Story: Fiat Chrysler and Peugeot Boards Agree to $50 Billion Merger

BY: Michael D. Reif | December 18, 2019

Fiat Chrysler and rival Peugeot have agreed to binding merger terms that, if approved by US and European regulators, would create a “$50 billion auto giant that would rank among the world’s largest car companies by sales” – WSJ and MarketWatch Freshly emboldened by a sizeable win in last week’s general election, UK PM Boris … Continue reading

Financial Daily Dose 10.10.2019 | Top Story: US/China Trade Talks Resume Even as Tensions Grow

BY: Michael D. Reif | October 10, 2019

Senior negotiators from the U.S. and China will officially resume trade negotiations today, “with higher tariffs looming if [they] fail to break a five-month stalemate.” The U.S.’s moves this week to blacklist 28 Chinese tech companies and suspend some visas over China’s treatment of Muslim minorities is only complicating the high-stakes talks. New discussion of … Continue reading