Page 29 - bon-dia-aruba-20200401
P. 29

A29
                                                                  business/technology Wednesday 1 april 2020
            Companies find a new purpose; workplace rules have changed




            The  outbreak  of  the  coro-                                                                                       make  simple  ventilators
            navirus  has  dealt  a  shock                                                                                       starting  the  week  of  April
            to the global economy with                                                                                          20,  and  the  safety  mea-
            unprecedented speed. Fol-                                                                                           sures will be tested at that
            lowing  are  developments                                                                                           plant, the company said.
            on  Tuesday  related  to  the                                                                                       _
            global economy, the work                                                                                            HOME-COOKED  IS  KING:
            place  and  the  spread  of                                                                                         British   supermarkets   just
            the virus.                                                                                                          had  their  busiest  month  in
            _                                                                                                                   recorded history.
            INDUSTRY:                                                                                                           New figures released Tues-
            Less than a week after say-                                                                                         day  by  market  research
            ing  it  planned  to  reopen                                                                                        firm  Kantar  show  that  Brit-
            five North American assem-                                                                                          ish grocery sales jumped by
            bly plants, Ford has decid-                                                                                         20.6%  in  March  compared
            ed  that  those  facilities  will                                                                                   with a year earlier, making
            remain  closed  indefinitely.                                                                                       it the fastest rate of growth
            The  announcement  to  re-                                                                                          on  record.  Grocery  sales
            open got a cool reception                                                                                           totaled  10.8  billion  pounds
            from the United Auto Work-                                                                                          ($13.3 billion) over the past
            ers union.                                                                                                          four  weeks,  surpassing  the
            The spread of the virus has                                                                                         level  seen  during  the  busy
            begun  to  hit  Detroit  hard.                                                                                      Christmas  season.  The  av-
            The number of coronavirus                                                                                           erage  household  bought
            cases in Michigan reached                                                                                           the equivalent of five extra
            6,498  Monday,  an  18%  in-                                                                                        days of groceries.
            crease,  while  deaths  rose                                                                                        While  there  was  an  ele-
            to 184 from 132. TCF Center                                                                                         ment of panic buying, Kan-
            in  downtown  Detroit  soon                                                                                         tar  said  demand  was  also
            will  be  turned  into  a  900-                                                                                     higher  overall  as  people
            bed field hospital for COV-                                                                                         made  extra  shopping  trips
            ID-19 patients who are not                                                                                          to  feed  the  demand  for
            critically ill.                                                                                                     more meals at home.
            _                                                                                                                   Conagra  is  reporting  “sig-
            SAFETY IN THE WORKPLACE:                                                                                            nificantly   elevated   de-
            The  workplace  environ-     A  woman  her  protective  face  mask  balances  her  large-sized  cup  while  watching  her  smart   mand” as people stuff their
            ment, for those companies    phone in Taipei, Taiwan, Tuesday, March 31, 2020. The new coronavirus causes mild or moderate   pantries for the long haul.
            that must have workers on    symptoms for most people, but for some, especially older adults and people with existing health   The  maker  of  Birds  Eye,
            location,  is  changing  radi-  problems, it can cause more severe illness or death. (AP Photo/Chiang Ying-ying)    Healthy  Choice,  Slim  Jim,
            cally.                                                                                             Associated Press  Reddi-wip,  Vlasic  pickles
            Walmart will soon be taking  be  returning  to  new  rules  seeking   U.S.   assistance  number  of  facilities  be-  and  Chef  Boyardee,  said
            temperatures of its workers  and  safety  precautions.  to  do  so  by  Friday,  and  it  cause  the  raw  materials  in the current quarter, ship-
            as they arrive for their shifts.  Ford  is  working  with  the  wants to know how they will  are readily available to the  ments have  increased ap-
            The nation's largest private  United  Auto  Workers  union  pay the government back.   chemical  maker.  The  ma-   proximately 50%.
            employer  is  sending  infra-  on new standards.          The   economic-relief   bill  jority of the sanitizer will be  The company also supplies
            red thermometers to all lo-  Included  is  a  requirement  passed  last  week  gives  donated to health systems  the  food  service  industry,
            cations, though that could  that  autoworkers  workers  the  Treasury  Secretary  the  and government agencies.     which is under duress.
            take several weeks.          “self-certify”  online  every  power  to  take  an  equity  The company began mak-     _
            Any worker with a tempera-   day before work that they  stake  in  airlines  that  get  ing  sanitizer  at  its  plant  in  GATHERING  MOSS:  Visa  is
            ture of 100 degrees or more  do not have any coronavi-    taxpayer help. The law pro-  Stade,  Germany.  Those  reporting  a  rapid  slide  in
            will be sent home, with pay,  rus symptoms. The compa-    vides  $25  billion  for  grants  operations  are  being  ex-  travel-related  spending  by
            until they are fever-free for  ny will verify the self-certifi-  and  $25  billion  in  loans  or  panded  at  facilities  in  cardholders.  It's  also  no-
            at least three days.         cation  before  letting  them  loan  guarantees  for  pas-  Auburn,  Michigan;  South  ticed a decline in spending
            Under  pressure  from  work-  inside, it said.            senger airlines.??           Charleston,  West  Virginia;  on  restaurants,  entertain-
            ers, Walmart will be issuing  Facilities  will  be  reconfig-  The  Treasury  warned  air-  Seneffe, Belgium; and Hor-  ment  and  fuel,  according
            masks and gloves to those  ured so that workers remain  lines  that  failing  to  apply  tolândia, Brazil. The Auburn  to  a  regulatory  filing.  U.S.
            who  want  them.  Walmart  six  feet  or  more  apart  on  by Friday may lead to de-   site  has  the  capacity  to  payments  volume  is  down
            said  it  has  been  following  the factory floor. There will  lays.  American  Airlines  has  produce   approximately  4%  for  the  month  to  date,
            the  guidelines  from  the  be  time  between  shifts  for  already said that it plans to  15,000  pounds  of  sanitizer  with  credit  volume  off  7%.
            Centers  for  Disease  Con-  equipment  to  be  sanitized  seek $12 billion.           a  week,  or  nearly  30,000  Cross-border  volume  tum-
            trol  and  Prevention,  which  and  so  that  one  shift  of  _                        eight-ounce bottles. Similar  bled 19% for the period, on
            have  said  those  items  workers doesn’t cross paths  NEW PURPOSE: Luxury cloth-      or  larger  volumes  are  ex-  a constant dollar basis.
            would do little good for the  with  another,  Ford  said.  ing  companies,  chemical  pected to be produced at  Carnival  says  it  will  lose
            healthy.  Those  guidelines  Some  work  stations  will  be  producers, car makers and  the other Dow locations.    money  this  year  and  on
            are  now  under  aggressive  shielded from others, while  other  companies  continue  Dow  will  produce  hand  Tuesday  it  suspended  divi-
            review by health officials.  some workers will be given  to  revamp  production  to  sanitizer  for  approximately  dend  payments  to  con-
            "This  is  new  territory,"  said  protective  gear  depend-  meet new supply demands  four weeks, then assess ex-  serve cash, according to a
            spokesman  Dan  Bartlett.  ing on need, the company  in the pandemic.                  tending  production  based  regulatory  filing.  The  cruise
            "We  are  learning  on  an  said.                         Dow,     which    typically  on raw material availability  operator  has  taken  the
            hour-by-hour basis."         _                            does  not  list  hand  sanitizer  and market need.        unprecedented  step  of
            In  places  shuttered  by  the  AIRLINES:  The  Treasury  De-  among  its  products,  is  do-  Ford is repurposing a parts  a  complete  shutdown  of
            outbreak, many workers will  partment  is  asking  airlines  ing  just  that  at  a  growing  factory  west  of  Detroit  to  operations.q
   24   25   26   27   28   29   30   31   32