Here’s what America’s oil CEOs discussed with Trump
America’s leading oil CEOs urged President Donald Trump on Friday to grant the embattled industry access to government programs aimed at helping companies harmed by the coronavirus pandemic. Trump was “very receptive” to that request and did not discuss government-mandated oil production cuts during the meeting at the White House, American Petroleum Institute CEO Mike…… MORE
Delta CEO: ‘We still haven’t seen the bottom’
Delta Air Lines expects revenue over the next three months to be down 90%, with no end of the industry’s troubles in sight. “Even as Delta is burning more than $60 million in cash every day, we know we still haven’t seen the bottom,” said CEO Ed Bastian warned employees that Friday. He said April’s…… MORE
Photojournalists are risking their lives to capture the pandemic
In a video shot from her hospital bed where she is recovering from Covid-19, Austin American-Statesman photojournalist Lola Gomez described the predicament that photographers like herself face as they cover the pandemic. “Even though the reporters are working from home, photographers can’t work from home,” Gomez said in the video posted to Facebook on April…… MORE
Here’s when Disney’s delayed movies are coming to theaters
Disney on Friday announced new release dates for films that were delayed because of coronavirus, including two of its biggest movies this year, “Mulan” and Marvel Studios’ “Black Widow.” “Mulan,” which was set to debut in March, will now hit theaters on July 24, the company said. “Black Widow,” which was going to open the…… MORE
CNN’s Brooke Baldwin tests positive for coronavirus
CNN anchor Brooke Baldwin announced on Friday that she tested positive for coronavirus after experiencing symptoms a day earlier. “I am OKAY,” Baldwin said in an Instagram post announcing her diagnosis. “It came on suddenly yesterday afternoon. Chills, aches, fever.” Baldwin became the second CNN anchor to test positive for the virus. Chris Cuomo tested…… MORE
Trump’s incredible 180 on OPEC, oil and free markets
President Donald Trump has long cast OPEC as an evil force ripping Americans off by not pumping enough oil. Now he’s pleading with Saudi Arabia and Russia to stop pumping so much oil. In the past, Trump has called OPEC a “monopoly” (it’s not) that must be broken up. “They are robbing our country blind,”…… MORE
3M: We’ll make more N95 masks for the US but we need to keep exporting them
3M, the world’s largest maker of respirator masks, said Friday it is willing to comply with President Trump’s order to manufacture and supply more critically needed N95 masks for the United States. But 3M cautioned about being forced to halt exports of those masks to other parts of the world. A day after Trump invoked…… MORE
No more self-serve soda and hot dog rollers: Coronavirus upends convenience stores
The coronavirus outbreak is threatening America’s vast convenience store industry as consumers fill up at the pump less frequently and companies pull self-serve soda machines and hot dog rollers. There are upward of 150,000 convenience stores in the United States, more than all of America’s grocery stores, drug stores and dollar stores combined. The convenience…… MORE
Stores are hiring like crazy. But they have part-time workers who want more hours
Large retail and grocery chains staying open during the coronavirus crisis are on hiring sprees. But some of the companies’ existing part-time employees who want more work are concerned that the plans will make it harder for them to get ahead. Walmart is adding 150,000 workers through the end of May at stores and warehouses…… MORE
Corona beer stops production
Production of Corona beer is being temporarily suspended in Mexico because of the coronavirus pandemic. Grupo Modelo, the company that makes the beer, posted the announcement on Twitter, stating that it’s halting production and marketing of its beer because the Mexican government has shuttered non-essential businesses. The Anheuser-Busch Inbev-owned company also makes Modelo and Pacifico…… MORE
