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Executive Q&A: Canary CEO Dan Eberhart On Demand Loss, Oil Prorations

2020-04-27 11:30:00| OGI

First of all, I would say its heavy. We are really looking to try and rationalize the company and push expenses down where possible, Canary CEO Dan Eberhart said of his companys strategy of managing the deep dive in demand.

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Chinese telecom operators threatened with loss of access to US market

2020-04-27 08:53:00| Telecompaper Headlines

(Telecompaper) The US has threatened to withdraw the licences of more Chinese telecom operators. The Federal Communications Commission issued orders to China Telecom Americas, China Unicom Americas, Pacific Networks and ComNet to 'show cause' why their authorisations to operate in the US should not be withdrawn. The regulator said all four are ultimately subject to ownership and control by the Chinese state. 

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Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks

2020-04-22 15:06:36| OGI

Oilfield firm Baker Hughes Co. reported a $10 billion loss and lower-than-expected revenue in the first quarter on April 22 as an 80% plunge in oil prices crushed demand for services and equipment.

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The Outlook for Class-C Apartments Is Muddied by Tenants' Loss of Income

2020-04-21 18:03:00| National Real Estate Investor

While many tenants were able to pay rent in April, continuing shutdowns mean more federal assistance might be necessary to help workers forced to stay at home.

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US restaurant industry faces US$240bn loss in 2020 - survey

2020-04-21 15:55:00| Daily beverage news and comment - from just-drinks.com

US restaurants are on course to lose US$240bn by the end of this year as the coronavirus puts the industry at risk, a new survey has said.

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