Workday will have a dual CEO structure for the first time since one of its co-founders, Dave Duffield, stepped down in 2014.
Archiv für den Monat: August 2020
Gap swings to a loss as sales drop 18%, says strong online sales softened the blow from closed stores
Gap Inc. said Thursday its total sales tumbled 18% during the latest quarter, as e-commerce revenue surged 95% from a year ago, but those gains were offset by a 48% drop in store sales during the coronavirus pandemic.
Abercrombie & Fitch shares are soaring as the retailer reports profit amid online sales boom
„As long as you can reduce fixed costs, this shift to digital can be profitable,“ Abercrombie & Fitch CFO Scott Lipesky said in a phone interview.
ForexLive European FX news wrap: Yen surges as Abe resigns, dollar languishes
Forex news from the European trading session – 28 August 2020
Headlines:
Markets:
– JPY leads, USD lags on the day
– European equities mixed; E-minis up ~0.3%
Headlines:
Markets:
– JPY leads, USD lags on the day
– European equities mixed; E-minis up ~0.3%
Fed’s Mester on stocks: Does not feel that Fed is contributing to an asset bubble
Further comments by Mester
Nuff‘ said.
Nuff‘ said.
Fed’s Mester: Economic activity is slowing in some regions
Cleveland Fed president, Loretta Mester, remarks to CNBC
– The virus is really driving things
– Businesses have tempered hiring as virus cases have been increasing
This isn’t much of anything new that the Fed has communicated since last month – similar to the minutes last week – and the point on inflation echoes from Powell yesterday.
– The virus is really driving things
– Businesses have tempered hiring as virus cases have been increasing
This isn’t much of anything new that the Fed has communicated since last month – similar to the minutes last week – and the point on inflation echoes from Powell yesterday.
Germany’s Merkel: Things won’t return to normal until we have a coronavirus vaccine
Further comments by Merkel
– Hearing that there are hopeful approaches for developing a vaccine
– Says Germany is to spend most of EU funds on existing programs
Merkel laying down some expectations over how life will be over the next few months at the very least for Germany and/or Europe for the most part.
– Hearing that there are hopeful approaches for developing a vaccine
– Says Germany is to spend most of EU funds on existing programs
Merkel laying down some expectations over how life will be over the next few months at the very least for Germany and/or Europe for the most part.
Germany’s Merkel calls for citizens to take coronavirus pandemic seriously
German chancellor, Angela Merkel, addresses the public on the health crisis
– Coronavirus pandemic situation likely to get more difficult in the coming months
A bit of a warning from Merkel as the virus situation in the region starts to worsen over the past few weeks. Germany is now seeing over 17,000 active cases across the country
– Coronavirus pandemic situation likely to get more difficult in the coming months
A bit of a warning from Merkel as the virus situation in the region starts to worsen over the past few weeks. Germany is now seeing over 17,000 active cases across the country