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Jeffrey Herrera

Restaurants Services are Soon Going To Start In Los Angeles

June 1, 2020 by Jeffrey Herrera

Restaurant owners in Los Angeles county are eager to reopen the hotels to give the dining services to people. A recent report shows that LA county is soon going to announce the reopening of restaurant services, and service providers are quite excited about it. Representatives of Los Angeles County are going to hold a press conference soon, in which they will talk about the reopening of the restaurant services in some areas. The press conferences by these representatives is reportedly going to reveal how the restaurants near the street can give dining service to ordinary services. It will include the precaution everyone will have to follow since the risk of coronavirus is still there.

Los Angeles City restaurants are also planning to provide some dining services, and they are waiting for permission only. The dining services will be different since the coronavirus situation has changed the way we interact and meet people. The local government in Los Angeles has already permitted to open the restaurants by following some restrictions. However, with the time social distancing and many other restrictions put on by the government on dining services are getting lower. Local government is trying to make sure everyone gets the dining in and out service from restaurants and consider the safety first. Restaurant’s way of operating is going to change entirely since priority will be given to sanitizing everything in the restaurant.

Workers and waiters who will be meeting people will have to follow more restrictions. Restaurant community got a massive hit because of the coronavirus pandemic because, for the last three months, they couldn’t operate in their local area. Even though now the situation is not that much easy, they still can provide service of dining by following required precautions. The loss suffered by restaurant owners is enormous, and they will try to minimize it after getting the permission of reopening.

Filed Under: Business

62000 Coronavirus Cases Found Among US Health Workers

May 31, 2020 by Jeffrey Herrera

Since everyone is worried about getting diagnosed with a deadly virus like Coronavirus, some people work day and night for those who are suffering from Coronavirus. However, recent reports show that more than 62000 health workers in the US have tested positive for Coronavirus. A report released by the Centers for Disease Control and Prevention, approximately 62000 health workers in the US have been diagnosed with Coronavirus. However, health officials said this number is an approximation, and it could be more prominent in reality. The cases of Coronavirus have crossed a million benchmark solely in the USA and killed thousands of people. Big cities got the most affected by this deadly virus, killing more older adults where many people found to be nonsymptomatic.

The health officials are trying to make sure people get the necessary treatment, but thousands of health workers are putting their lives at risk. This report solely shows thousands of people who helped coronavirus patients had to face the consequences. The fact that this number could be more significant is scaring health officials since the lack of health workers in big hospitals is going to create more problems. People have been told by hospital authorities to work day and night since the situation demands such dedication. However, since the treatment is done without a proper vaccine on Coronavirus, people who are getting recovered slowly, killing some of them who have low immunity systems.

Surprisingly, the report shows that more than 84% of the nurses have never been tested for Coronavirus. Many health workers complained about not getting protective equipment to deal with this deadly virus while treating patients. Not being able to have proper protective equipment also increases the chances of getting diagnosed with Coronavirus. CDC said this number is going to increase in upcoming days since the picture would be more transparent after getting more data on health workers.

Filed Under: Health

Experts Predict Warren Buffet Is Worried About The Market Conditions

May 28, 2020 by Jeffrey Herrera

Coronavirus outbreak has affected everyone, including large companies also. Oracle of Omaha Warren Buffett also seemed to be tense about the current situation. In a recent Berkshire Hathaway annual general meeting, Warren told investors what he thinks about the current situation. Even though his answers were not direct, the actions taken by Berkshire Hathaway tells a lot about the market conditions. The Buffet always tells about being positive in the market by buying stocks during hard times. However, this time it’s reversed because he has sold the majority of the airline stocks, which are worth billions of dollars.

Since the pandemic situation happened, airline stocks aren’t performing well, and that’s creating a vast number of problems for big companies to sustain. Another big thing that is worrying Buffet is the uncertainty about the upcoming situation. Many things are uncertain, including the reopening of the economy. Even though the government favors reopening the economy, people are still afraid of going out. Warren Buffet is famous for buying undervalued stocks, and the reason why the Buffet hasn’t made any investment is shocking everyone.

Buffet seems to be waiting for some time to buy the right stock since currently they are quite overvalued, and that’s why Berkshire Hathaway is trying to avoid buying it. Some market experts say Buffet is waiting because they have made some mistakes of buying too early in the last crisis of 2008. The investment made in Bank of America has benefited a lot from Buffet, and now he is waiting for the same thing. Being optimistic about the market, Warren invests very cautiously. Still, the market conditions are not quite volatile for big investors like Buffet, impacting the overall market. Now how the government is going to handle the reopening of the economy is what investors are curious most about.

Filed Under: Business

Law Enforcement Needs A Search Warrant To Look at The Lock Screen Of Smartphone

May 27, 2020 by Jeffrey Herrera

The law enforcement department sometimes gives some new verdicts which bring a new set of rules, and that’s what happened recently. In Seattle’s district court, the judge Coughenour gave the results of the case in favour of Joseph Sam, who was arrested for robbery and assault in May 2019. While releasing the results of this case, judge Coughenour said that looking at someone’s smartphone is also going to require a search warrant. Since getting access to the smartphone is also a violation of someone’s privacy without their prior consent. In this case, the arresting officer before arresting Sam unlocked his smartphone and searched it.

The judge said it could be doable in some cases since the existing law gives them this right. However, without a proper search warrant, police officers can’t look at the smartphone of an arresting person. In this case, when the arresting officer went to the accused house for arrest, he unblocked his phone and checked it. According to the District Court, a police officer can check the phone in some circumstances without any warrant. However, if they are going to do that again, and again that too without proper order, then it’s not permitted. When the FBI officer, after some months went to Sam’s house for enquiry, he checked his smartphone without any warrant which, according to the judge, it’s wrong.

The police officer shouldn’t have clicked the phone of Sam’s phone without carrying a permit about it. However, it seems like this case has brought some new changes to the way police investigate someone’s smartphone. The privacy issues, whether on social media platforms or any platform, are getting already considered by the government agencies. This new decision to have a search warrant before an enquiry is also going to affect overall data privacy issues.

Filed Under: Technology

Now Donald Trump Supports Musks Decision To Reopen Tesla Factories

May 24, 2020 by Jeffrey Herrera

The ongoing battle between California lawmakers and Tesla founder Elon Musk to reopen the Tesla Factories is getting quite controversial every day. Recently Elon Musk showed his ferocity when the California local government decided not to open Tesla Factories stating the pandemic situation. However, many people are against it, and some are supporting Musk, but president Trump has also joined that list. President Trump recently said in support of Elon Musk to reopen the Tesla Factories and said the California government should permit opening. Musk even went to court to make his point clear, stating the fact that the company is following required guidelines for the safety of workers.

However, the local government is not letting Tesla restart the work during the pandemic situation on the fear that many will get infected. Musk, on the other hand, has prepared for this battle very clearly by stating the facts why Tesla needs to reopen. The productions are halted from March, which is affecting the company and its workers financially. President Trump tweeted about the support for reopening Tesla Factories. He mentioned the California government should let Tedlar Factories open, and Elon Musk replied with the “Thank You” context.

Trump’s latest tweet has created many controversies now again because Elon Musk is already quite serious about this issue. Now the unexpected support from President Trump will increase Musk’s confidence to put pressure on reopening the Factories. Alameda County is refusing to give consent to start the work, but workers in Tesla have seen coming and going out of the Factories recently. Musk is getting support from the company’s workers also who want to start the work after so many weeks of halt. Musk has previously also criticized the current conditions stating the importance of the economy during this time.

Filed Under: Business

Tesla Will Not Be Opening Its California factory Due To Coronavirus

May 23, 2020 by Jeffrey Herrera

Elon Musk, the visionary tech entrepreneur, is quite busy in his personal, and professional life during this quarantine period. Musk who wants to reopen his Tesla factories in California had recently got a shock when the County said NO. Elon Musk is famous for working hard and succeeding at every project even after facing lots of odds. However, Musk’s request to reopen the California factories has been declined by Alameda County on Friday. The country said opening factories during the coronavirus outbreak situation is quite dangerous.

Since it will be putting the health of many workers in this factory at a hazardous level, the County believes the way they are managing this health crisis, and getting some good response will be gone if the factory gets reopened. Governor Gavin Newsom after getting a request from Musk for opening the Tesla factory allowed it. However, the counties have more power and decided to put some more restrictions during the ongoing pandemic situation.

Six bay area counties decided of closing down major manufacturing factories during the pandemic situation considering the human loss it would bring for thousands of people. They published an official order to extend this decision till the end of May which seemed to be quite necessary. Alameda County said Tesla did not meet one of their criteria to put on closed factories, and as of now, no one knows which rule Tesla failed to obey.

However, after observing the current situation, it’s far clear that Tesla will not be able to make cars until the end of May. Still, no one knows whether the lockdown period will end on May 31 or not because the County will take further decision after observing the situation of that time. Musk might have to wait for some time to get back to work on his ambitious project.

Filed Under: Technology

Oil Prices In The US Went Down To 21 Year Low Because Of The Less Demand

April 28, 2020 by Jeffrey Herrera

The prices of oil in the country have decreased to a 21-year low level since customers are locked down in the home and not using their vehicles for commuting. A recent report shows that prices of a barrel in West Texas Intermediate went down by approximately 14% to $15.65 per barrel. This significant drop was expected since the whole country is going through a pandemic situation created by a coronavirus outbreak. The US storage facilities are also getting weaker every day, and that’s also going to impact the further downfall of oil prices. The whole pandemic situation is badly affecting all over the country, which is the primary reason why investors in the commodity market are withdrawing their money.

The oil industry had been suffering from the downfall of prices before the pandemic situation arrived in the country. Because a few months ago, OPEC members decided to cut oil production by approximately 10%, which resulted in a larger downfall in prices. Meanwhile, there are some reports which show that storage places in the US might run out of their capacity pretty soon. Investors in the commodity market are already in fear because of a pandemic situation created by a deadly virus, which is affecting all the major economic factors of the country.

Experts said everyone currently knows the lousy condition of the oil market in the country, and the problem of not having a sufficient oil storage facility might also be the biggest reason for this recent fall in prices. In the European market also Brent oil, a benchmark used by them to trade oil, also went down by approximately 0.8% to $27.87 per barrel. The pandemic situation is making things harder for the US oil market, and experts believe this condition would be continuing for some more time.

Filed Under: Business

New Study Says Coronavirus Is Impacting Those Who Are Not Even Showing Symptoms

April 20, 2020 by Jeffrey Herrera

When everyone is worried about Coronavirus, a new study shows that many people who might seem healthy could be affected by this virus. A recent survey done by health officials shows the different side of this pandemic because it’s found that many healthy people are not showing the symptoms of Coronavirus but getting affected by it. Cough, headache, fever are the common symptoms of the Coronavirus and many healthy people are not getting these symptoms. Experts are predicting that a person who might be healthy is quite dangerous because they can spread this virus to other people and one can know about the symptoms after 3 to 4 days of getting diagnosed with this virus.

People are already staying at home since it can be spread with the contact of infected people and health officials are telling you to follow the precautions carefully. Investigators are thinking about coronavirus cases differently because a person who found positive Coronavirus might have spread this virus to various people. Health experts are focusing on this new study very carefully because they think that deemed healthy people might be spreading this virus more quickly than any others. People avoid Coronavirus by thinking they are not sick even when they are getting symptoms in terms of cough, fever, headache.

Doctors believe people who are not deemed healthy are more dangerous than the infectious person because they might get in contact with more people and spread it to others. The cure hasn’t been found at doctors who advise people to wear a mask whenever they are going out of the home on meeting new people since it will reduce the risk of transferring a deadly virus to a non-infectious person from an infected person.

Filed Under: Health

Experts Predicting Donald Trump Might Be Focusing On Healthcare Policy If Reelected

April 10, 2020 by Jeffrey Herrera

President Donald Trump is famous for implementing controversial economic policies and neglecting the overburden of healthcare costs. Currently, the situation in the USA because of the outbreak has become worse, and experts think this might be the main reason why some President Donald Trump will be refocusing on health care policies. Now experts are saying that if President Donald Trump gets reelected then he might be shifting focus on health care policies. Considering the current situation, both democratic and the Republicans can not fight against each other because of the mess created by the coronavirus outbreak.

Many republican politicians are famous for not following socialist healthcare policies, which is impacting on the majority of ordinary citizens. People are already in a lockdown period trying to follow the best precautions stated by health officials. Even though the majority of the workers are working from home, they can’t earn a considerable amount of money during this lockdown period. However, President Trump is famous for his controversial opinions about health care policies in which he criticizes Obamacare under which the previous government spent billions of dollars. Democracy is, on the other hand, a following socialist economic policy in which they are giving priorities to the standard health care healthcare cost is one of the primary issues faced by ordinary Americans.

During this pandemic situation of coronavirus, it’s getting hard for ordinary people to afford medical expenses. More than 10 million people have filed themselves as unemployed to the government officials because they have been fired from their job by the employers because of a pandemic situation. Now the big question which experts are asking is whether the Trump administration will be focusing on social health care if they get reelected. Even if the situation is not that much hard in some rural areas, it is getting quite messy in metropolitan cities like New York Los Angeles, etc.

Filed Under: Business

Airbnb Promises to Pay $250 Million to Hosts for Cancellation Policies amid Coronavirus Outbreak

April 6, 2020 by Jeffrey Herrera

Airbnb’s CEO has recently published a letter to the networks of hosts of the company. In the memo, the executive has addressed the company’s reaction towards ongoing coronavirus epidemic across the world. The statement particularly talks about Airbnb’s decision, which allows guests to cancel their bookings and get a complete refund. Brian Chesky, Airbnb’s CEO, and co-founder has confirmed the news in the letter. In it, he states the company has decided to allow total refunds is not a business move. Brian noted they have had taken the decision to defend public health.

The Airbnb executive also said they hope the company has taken the right decision in prioritizing public safety and health. The statement from Airbnb arrives after various nations impose travel bans and soaring cancellation requests. For now, Airbnb, the short-term rental platform, is offering the first-time facility to cancel bookings, that too, without any penalties. The letter continues to announce that Airbnb will pay out hosts 25% of what they could have gained via the cancellation policy when a customer cancels booking because of a COVID-19 condition. The letter also details that only those hosts are eligible for the refund who have had check-ins slated between the period of May 14 to May 31. As per the document, the full amount of these payments could be $250 million.

So, Airbnb is promising $250 million to place toward hosts who have been affected by a coronavirus. Airbnb has also announced that the cancellation policy applies retroactively to all cancellations, which took place between the period mentioned above. Apart from this, Airbnb is crafting a $10 million fund for its experience hosts and superhosts. Employees have contributed the first a million dollars, and co-founders of Airbnb Brian Chesky, Joe Gebbia, and Nate Blecharczyk are contributing an amount of $9 million. Even more, starting from April, hosts can request for allowances up to $5,000.

Filed Under: Business

FDA Approves Abbott Lab’s 5-Minute Coronavirus Test Kit

March 31, 2020 by Jeffrey Herrera

Recently, Abbott, the medical device producer, has gained emergency approval from the U.S. FDA for its new coronavirus test kit. The newly-approved COVID-19 test kit will enable healthcare providers in a wide range of settings to gain results within a few minutes. Even more, the novel kit can deploy positive results in as less as five minutes. Besides, it takes 13 minutes for the kit to reveal negative outcomes. In a notice released on Friday, Abbott said urgent care clinics, hospital ERs, and physicians’ offices could use the test kit. As per the announcement, it will function on Abbott’s ID NOW platform. It is a small toaster-size portable device of the company that already offers potentials to detect strep A and respiratory syncytial virus along with influenza A&B.

Abbott has also announced that it is speeding up the production and hopes to deploy 50,000 tests every day to the American healthcare system. It will start delivering the COVID-19 test kits in the upcoming days. John Frels, VP of R&D at Abbott, said it is a crucial leap forward. He added one could get a positive outcome in five minutes and a negative one in thirteen minutes. John noted people could go to a clinic and literally get results at the same time.

Abbott’s kit is the second test that has gained approval from the FDA that healthcare workers can directly use. In the previous week, the FDA has permitted the use of Cepheid-made kit on the verge of care. Robert Ford, Abbott’s president and chief operating officer, said the COVID-19 pandemic would be battled on several faces, along with a handy molecular test. As per the executive, it takes a few minutes for the test kit to offer results. Even more, an extensive range of diagnostic solutions is essential to contain the virus. Amid ongoing COVID-19 pandemic, the FDA has rushed to approve tests on an urgent basis and has permitted others made by manufacturers like Thermo Fisher Scientific Inc. and Roche Holding AG.

Filed Under: Health

Apple iPhone 11 Second Best-Selling Smartphone Globally In 2019, iPhone XR Tops List

March 11, 2020 by Jeffrey Herrera

Apple is a company that is well known for quality products. Its iPhones are the most-talked and most-wanted smartphones in the world, credit new features it introduces every time a new model is launched. It is undoubtedly the first choice for tech-savvy people because of its technical skills. Perhaps this is why the iPhone 11 captured the majority of the world’s market share in 2019 in less than four months of its launch. The handset was ranked the second best selling phone globally last year. The smartphone accounted for 2.1 percent share of the world’s market. The device was released by Apple on September 20, 2019.

Of the top 10 best-selling phones, Apple has its six products in the lineup. The iPhone maker is followed by South Korean giant Samsung. The company’s three models have made it to the top 10 list. All the three devices are from its A series. Apple’s iPhone XR was the top-selling model globally in 2019. It captured a 3 percent market share. Besides, it was also the only model to witness double-digit market share in any region. It reported a double-digit market share in the NAM region which covers the US and Canada. The company shipped nearly 46.3 million iPhone XR smartphones, almost doubling from 23.1 million units in 2018.

The top 10 smartphone models captured nearly 15 percent of global sales. From Samsung, the mid-range A series invited good business for the company. The decision to revamp A series helped the company to capture the market. Chinese smartphone maker Oppo with its A5 smartphone replaced Xiaomi in the top 10 best-selling list. Xiaomi was among the top 10 list in 2018. Unfortunately, Huawei had no models in the top 10 list. The Chinese giant couldn’t make it to the list despite being the second-largest player in the global smartphone sales. Meanwhile, 5G handsets contributed only 1 percent of sales in 2019. Notably, there were no 5G models among the top 10.

Filed Under: Technology

Harley-Davidson CEO Matt Levatich Steps Down As Sales Of Iconic Bike Brand Continue To Decline

March 4, 2020 by Jeffrey Herrera

Harley-Davidson CEO Matthew Levatich has stepped down amid slump in sales. Levatich took this decision after spending 26 years with the iconic American motorcycle maker. He was promoted to the position of chief executive in 2015. Some reports suggest that Levatich will also step down from the post of the board of directors. “I consider myself very fortunate because I got to spent so many years with a company as revered as Harley-Davidson,” Levatich was quoted as saying in the statement posted on the website of the company. Board member Jochen Zeitz will be interim CEO and acting president while Harley-Davidson looks for a new leader. Zeitz is known for reviving the Puma sneaker brand.

The development comes at a time when the iconic bike brand is struggling to control the slump in demands for its motorcycles over year. As CEO, Levatich faced several challenges including heightened tariff costs as a result of a trade war of US President Donald Trump. The motorcycle manufacturer was hopeful of achieving lost shine with the launch of its first electric motorcycle – LiveWire. It got a positive review but it is yet to start sales. The company is also facing tough competition from more affordable bikes. Italy’s Ducati and UK’s Triumph along with the resurgent Indian bike makers have resulted in a multi-front battle.

Keeping this in mind, Harley introduced less-expensive bikes like ‘Street’ with a starting price of USD 7,600. ‘Street’ is competing with many European and Asian models where the iconic bike company has been trying to grow market share. The company that made a strong come back in the early 1980s is now struggling to find new buyers in the age of Tesla, Uber and several other transportation options. Harley is expecting to find some younger buyers with its middle-weight models and electric motorcycles. The company has also started shipping motorcycles to China and Europe from a new factory in Thailand. This will mitigate the cost burden from the tariffs on bikes made in the US.

Filed Under: Business

Study Shows Prudent Diet Can Improve Sperm Count And Quality In Men

February 28, 2020 by Jeffrey Herrera

A new study has revealed that sperm count in men from North America, Europe, and Australia has reduced by 60 percent from 1973 to 2011. Around the globe, men have been suffering from infertility crisis over the past four decades. The study says that an improved diet might be able to reverse this trend. Researchers have tried to establish a link between food choices and testicular function in the new study. The semen samples of around 3000 Danish men within the average age of 19 years have been taken and observed thoroughly. The participants have been asked about 136 food items they have been eating during the last 90 days. After the follow-up, experts have found out those men who have been eating western diet have the lowest sperm count between 109 to 138 million. At the same time, men who have been consuming a ‘prudent’ diet have the highest sperm count.

A ‘prudent’ diet is considered as a healthy diet that consists of a lot of fruits, vegetables, nuts, fish, chicken, and water. While a western diet includes red meat, fried food, sugar-sweetened drinks, pizzas, and dessert. The author of the study, Feiby Nassan has said that the median sperm count of men who adhere to a prudent diet has been 68 million higher than men who adhere to the western diet. Men who have been following a vegetarian diet, which has a high intake of vegetables, milk, and eggs have shown better sperm count as compared to men who follow a western diet. The author of the study has asserted that dietary factors play an important role in the production of healthy sperms with high fertility potential. The findings of the study show that whole grain, omega-3 fatty acid, seafood, fruits, and vegetables are required for strong sperm production.

Feiby Nassan has said that changing diet patterns will be beneficial to ensure higher sperm count in men. Experts have indicated that men who ejaculate less than 39 million sperm per release have low sperm count. They have claimed that alcohol consumption, obesity, food chemicals, water radiation, and air pollution also affect the sperm count. This research has been published in the Journal of American Medicine Urology.

Filed Under: Health

Japan’s Gross Domestic Product Falls Sharply At Fastest Rate In Last Five Years

February 17, 2020 by Jeffrey Herrera

The world’s third-largest economy Japan might lurch towards a possible recession very soon due to a sales tax rise. Japan’s economy has shrunk at a rapid speed at the end of 2019. The gross domestic product of the country has fallen much steeper by 6.3 percent in October to December last year. Reports suggest that due to coronavirus outbreak this slump will remain the same until this quarter. Trade analysts fear that it will result in a major recession in the country. After the sales taxes were increased from 8 percent to 10 percent in October 2019, Japanese consumer spending fell by 2.9 percent. During that period only, Typhoon Hagibis also affected large parts of the nation. In the last quarter, the capital spending of the consumer has decreased by 3.7 percent in Japan. Amid the US-China trade dispute, the exports of Japan have also slipped by 0.1 percent.

Considering the reports, the economy minister of Japan, Yasutoshi Nishimura has said that the government is taking all the possible measures to deal with the current situation. In December 2019, Prime Minister Shinzo Abe has approved the revenue of $120 billion in spending to mitigate the impact of increased sales tax. The fall in the GDP has been witnessed for the first time in a year. It is the largest fall since 2014 when Japan’s GDP fell by 7.4 percent. Although experts had expected only a 3.8 percent fall in the economy due to the adverse impact of sales tax, typhoon disruption, and weak global demand. However, it has turned out to be even worse for the world’s third-largest economy.

The government had expected a diminutive impact of the sales tax as compared to a tax hike imposed in 2024, which had forced Japan’s economy to fall by 7 percent. However, it hit the country’s economy badly. The coronavirus outbreak has also restricted the spending revenue in the nation. The epidemic has blocked the way for thousands of Chinese tourists during Japan’s Olympic year, which is an important source of spending revenue in Japan.

Filed Under: Business

Because Of Coronavirus United Airlines Decided To Suspend Flights From And To HongKong

February 10, 2020 by Jeffrey Herrera

The coronavirus which is making a huge trend on social media is affecting significantly on various sectors and recently United Airlines adi they are going to stop all of their flights from and to Hong HongKong after this week. Passengers who are planning to go to China or Hongkong would have to find other alternatives since United Airlines have decided not to take any risk of having this deadly virus into the country. Many countries are already evacuating their citizens from Wuhan city where Coronovirus is spreading at rocket speed.

The carrier mentioned low demand for flights to Hong Kong is the primary reason why they are taking steps. The last plane which United Airlines will send to Hong Kong will depart from San Francisco on Wednesday, and the returning flight will depart from Hong Kong to San Francisco on Friday. So far, many companies in the airline industry are taking this bold but effective decision of shutting flights to and from Hong Kong for some time.

American Airlines recently announced the similar decision of shutting down all passenger-carrying flights from LA and Dallas to and from HongKong at the end of this week. People are stuck in there will have their last chance to come back home by the end of this week because after that there will be no chance of getting on board with these two major airlines. Recently HongKong released the first death that happened because of Coronavirus. The report indicates that this is the first time someone has reportedly died because of coronavirus outside China and government officials are taking significant steps to prevent more havoc from happening. So far more than 24390 cases of coronavirus have been found in China, and 490 people have died because of it, and US airlines don’t want to take any risk of getting such deadly virus into their home country.

Filed Under: Business

Washington business district is on its way to become a historic business district

December 27, 2019 by Jeffrey Herrera

Washington’s business district may become a historic business district. The National Road Heritage Corridor made a partnership with the Washington Business District Authority and the Washington Community Development Corp. This partnership aims to have the city’s central business district designed as a National Register Historic District. Moreover, the organization organized a workshop on Tuesday to talk about the benefits of the designation. The workshop had a discussion about this with business and property owners. Donna Holdorf, executive director of the National Road Heritage Corridor, said this is a competitive advantage when we’re trying to attract developers and new property owners.

The Heritage corridor hired a historic preservation planner with the independent Clio Consulting of Pittsburgh Angelique Bamberg. Bamberg did a survey on the business districts over the summer. Angelique found boundaries for the potential historic district register. Also, Bamberg submitted a draft nomination to the state’s Historic Preservation Office. Bamberg said the district would include a total of 162 properties. Out of the 162 properties, 138 are buildings. Moreover, the boundaries would primarily follow the lines of the central business district. This boundary will include the railroad tracks on South Main Street up to Walnut Street, and from Franklin Street to College Street.

Bamberg said that she would make the nomination available to the public after the revision. The nomination will then go to the state’s historic preservation board in Harrisburg. The national park service will review the nomination before declaring it a part of the permanent record of American history. According to Bill Callahan, the community preservation coordinator for the Pennsylvania Historical & Museum Commission, the Thursday meeting eliminated the myths about district designation on national registers. The stakeholders and property owners had a fear of losing the ability to do whatever they want with their properties. However, the designated historic district does not restrict the management of properties by owners. The meeting cleared many misconceptions about the historic property. Washington has a very long history going back to the 18th century. This program will be a great way to identify assets and create tourism areas within the community.

Filed Under: Business

Will Horror Show ever End? Canopy Growth Reports Worst Numbers

November 25, 2019 by Jeffrey Herrera

When investors thought that Canopy Growth (CGC) could not report any poorer numbers, the company was once again disappointed and shocked the entire market. In terms of numbers, the underlying trend is better than the headline news, but the leading cannabis LP still has a extended way to go previously business support is still valued at $5.3 billion.

The firm officially informed revenue for the second quarter of $76.7 million. These revenues were affected by restructuring costs of $32.8 million from taxes and pricing allowances for soft gels and oil records and $15.8 million in inventory costs. These combined expenses reduced gross profit by $40.4 million. Excluding these costs, revenue will increase by 6% from the previous quarter to $118.3 million. The increase in revenue was entirely attributable to the increase in international medical income brought about by the acquisition of  ThisWorks and C3. As some opponents have reported, the Canadian market was a calamity this quarter due to expected inventory flooding. Canada’s B2B entertainment revenue fell 15.6% from the previous quarter. After deducting fees and excise taxes, Canadian cannabis total revenue fell 7.2% to $76.6 million.

In the September quarter, canopy growth was finalized in the second quarter and the harvest exceeded 42,000 kg. The problem here is that the kg sold is only 10,985 kg. The company’s product sales increased by 3.5% throughout the quarter, and the formation of the business has at least doubled the sales level of the product. Technically, the gross profit margin for the quarter fell to minus 13%. If no adjustments are made, the gross profit margin for the quarter is 38%. The modification also includes a cost of $10.5 million for underutilized services. The crown grows like a driver’s flashing turn signal along a highway. Those followers who follow are wondering if this turn will come. Harbour analyst Brett Hundley will not change his face soon. However, the analyst believes that investors should not exclude this beleaguered pottery giant from the game.

Filed Under: Business

To Increase Productivity 4 Day Work Per Week Strategy by Microsoft

November 14, 2019 by Jeffrey Herrera

Those who are in favor of lesser workdays in a week can increase the productivity of the company and employee. For them, Microsoft is employing four days’ work week strategy in japan, and the results of this experiment are unbelievable. Microsoft used this concept in Tokyo, and they gave every Friday off. Company-paid workers for every fifth day and because of this, the employee can spend more time with their family. The result of this was shocking. Productivity increased by up to 40.00%, according to the company. Employees filled more efficiency into their 31-hour weeks by directing more distant conference calls, while also printing far fewer material at the office cost assets. General data from the so-called Work-Life Choice Test showed “employees are seeking spread work styles,” Microsoft administrators said in a speech. This kind of experiment sometimes will not work because japanize employes follow their work ethics strongly than any others.

According to some reports of 2019, most of the American companies are offering 4-day work per week. This report also stated that four-day work per week is uncommon, but companies are not facing any loss in productivity. In Newzealand founder of Perpetual Guardian employed this concept to the 231 employees of the company. And they found that after giving fifth-day work off to the employees, their productivity increased by 20% and the profit of the company is remained unchanged. Also, one of the call center companies in the United Kingdom gave the fifth day of their 502 workers, and they found that the productivity of workers increased by up to 30%.

Microsoft administrators in Japan said their data open some barriers for applying a four-day workweek more generally, including some pushback from managers and jagged results reliant on the department. But Mr. Bames, who is writing a book on four-day work per week this concept can work in any kind of company independent of size and revenue

Filed Under: Business

Aviva Plc Review On Asia Division as New CEO Maurice Tulloch Starts Turnaround

September 10, 2019 by Jeffrey Herrera

Aviva Plc is an Insurance company based in the UK. Recently confirmed it’s inspecting options for its Asian business as new CEO Maurice Tulloch’s turnaround of the UK only insurance corporation takes form. According to reports, the company confirmed on the Asian division, while giving no extra detail as part of its half-year rates. Earlier Bloomberg news reported in this month that the assets could be valued around US$3 billion to US$4 billion. According to Mr. Maurice Tulloch, CEO of Aviva Plc, the review will gather whether our strategy and ownership structure is best and helping our companies to reach their potential.  Mr. Maurice Tulloch held he would reveal his plans for Aviva’s international business at an investor day in November.

Mr. Maurice Tulloch is looking for turnaround Aviva Plc after years of stagnation. In 2015, the stocks slumped more than 30% then the company bought Friends Life Group Ltd., an agreement that increased the company’s stake of the pensions market but added difficulty to the group. The company’s asset management business, Aviva Plc Investors, saying net outflows of around 5 billion pounds in the first half, reflecting a slow start to the year for money managers across Europe, although a rebound in markets. The division now manages 346 bn pounds. Standard Life Aberdeen and Schroders Plc have appreciated losses as energetic managers come under burden from low-fee passive goods.

Operating expenditures remained 2% higher at 1.96 bn pounds, as it starts work on Mr. Maurice Tulloch’s aim to cut three hundred million pounds a year in 2022. Strategies are in place to protect around half that amount in the next three years. The company already saved twenty-five million pounds. Aviva Plc raised its interim bonus to 9.5 pence from 9.25 pence in the last year. The company not provided any updates on its new CFO. The insurer declared in June that Jason Windsor would act as a substitute CFO of Tom Stoddard.

Filed Under: Business

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