A California judge has ruled that Uber and Lyft should classify their drivers as employees in a brilliant preliminary assignment issued Monday afternoon. The assignment has been pending for 10 days, however, giving Uber and Lyft the opportunity to appeal the decision. Uber said it planned to file an immediate …
Read More »Clorox CEO-elect says company makes 1 million cloth packs a day
Fox Business Briefs: Disney’s three major streaming services Disney Plus, Hulu, and ESPN Plus are 100 million paid subscribers; Clorox says shopping shelves will not be full of disinfectant wipes until 2021. Clorox CEO-elect Linda Rendle said Monday that the company is “making more disinfectant products than we have ever …
Read More »Occidental announces the results of the second quarter of 2020
The company will hold a conference call on Tuesday, August 11, 2020, at 11 a.m. Eastern / 10 a.m. Central. The conference call can be reached at 1-866-871-6512 (International callers call 1 -412-317-5417) or via webcast op oxy.com/investors. A recording of the webcast will be posted on the Investor Relations …
Read More »Coronavirus Data Issues, Ethics Complaint About $ 1B Deal – Deadline
California Governor Gavin Newsom held his first press conference in a week after it was revealed that the COVID-19 database collection of COVID-19 coronavirus daily case numbers had been corrupted for at least two weeks. On Sunday, the director of the State of Public Health resigned, presumably over the data …
Read More »Occidental Posts $ 6.6 billion Charge After Oil Price Crash
(Bloomberg) – Occidental Petroleum Corp. reported an entry of $ 6.6 billion in the second quarter, equivalent to more than 40% of its market value, as the collapse in energy prices took its toll on the debt-laden U.S. shale oil producer. More than two-thirds of the valuation was responsible for …
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