Too Little Too Late? Russia And Saudi Arabia Reach Truce In Oil Price War

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Too Little Too Late? Russia And Saudi Arabia Reach Truce In Oil Price War

OPEC+ leaders Saudi Arabia and Russia arrived at an historic crude production cut late Thursday, effectively halting a bitter oil war which saw prices implode by more than 50% from January highs. Details from the virtual OPEC+ conference have just …
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Kering CEO Will Take a Pay Cut Through Rest of Year

Kering’s CEO has become the latest fashion leader to take a pay cut, given the company’s current concerns over the coronavirus pandemic. In a statement shared today, the French luxury conglomerate announced that executive chief and chairman …
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People are luring Instacart shoppers with big tips — and then changing them to zero

In late March, Instacart worker Annaliisa Arambula accepted a grocery order that came with a big tip: $55. The store was just down the street, everything the customer wanted was available, and the order seemed to go off without a hitch. But an hour later, …
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Smithfield to Temporarily Shutter Pork Processing Plant Following Coronavirus Outbreak

A Smithfield Foods pork processing plant in South Dakota is being temporarily closed for cleaning after more than 80 employees at the plant were confirmed to have the coronavirus. The food processor will close its Sioux Falls facility for three days. The facility …
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Fitch Revises Jamaica's Outlook to Stable; Affirms at B+

Fitch Ratings – New York – 10 Apr 2020: Fitch Ratings has revised Jamaica’s Outlook to Stable from Positive. The Long-Term Foreign-Currency Issuer Default Rating (IDR) is affirmed at B+. A full list of rating actions is at the end of this rating action commentary.
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