U.S. economic outlook darkens, job recovery risks reversing: Reuters poll

“Even as the Fed maintains its ultra-loose policy stance and Congress provides further fiscal support, ongoing social distancing requirements are likely to keep GDP well below its pre-virus trend and the unemployment rate elevated over the coming years,” said Paul Ashworth, chief U.S. economist at Capital Economics.

Euro zone economic outlook steady but job recovery at high risk: Reuters Poll

“Although there have been encouraging reports with regard to a potential (COVID-19) vaccine by early 2021, as long there isn’t any effective one, containment measures will have to be kept in place regardless. A second series of partial lockdowns could have some serious economic effects.”

Boris Johnson told by airport bosses to replace quarantine with coronavirus testing or risk 110,000 jobs

Boris Johnson doubles down on 14-day quarantine rule and says airport tests would give ‘false sense of security’

Why state borders need to open NOW: Coronavirus restrictions are ripping $55BILLION from Australia’s tourism industry – with thousands of businesses on the brink of collapse and a million jobs at risk

‘Our airlines, airports, hotels and tour operators rely on people doing more than taking a short self-drive holiday and we risk more job losses in these sectors if borders remain shut any longer than is necessary.

UK’s autumn Covid-19 redundancies could exceed 700,000

In a bleak warning, the Institute for Employment Studies (IES), which published the analysis, said the number of jobs likely to be lost “will almost certainly exceed anything we have experienced in at least a generation” – far exceeding the peak reached in the last downturn just over a decade ago and the highest since […]

Roger Ailes, the Controversial Founder of Fox News, Explored in New Film Starring Jon Voight

Man in the Arena partially credits Ailes with the election of presidents Ronald Reagan, Richard Nixon and the elder George Bush due to the commercials he produced for them and the behind-the scenes debate prep he helped them with. When with Reagan, he was told never to talk about his age, thus he risked his […]

U.S. economic recovery outlook steady even as Wall St touches record: Reuters Poll

While the poll median for Q3 was the most optimistic since April, the Q4 consensus was cut for the third consecutive survey and there was no material change in the growth outlook next year, with growth seen slowing from 5.0% in the first quarter to 3.0% by Q4.

Pizza Hut will shut 29 of its 240 UK restaurants in restructuring plans that puts 450 jobs at risk after suffering ‘significant disruption’ from pandemic

The scale of the Covid-19 jobs bloodbath has been laid bare as new research suggests more than half of medium-sized businesses are planning job cuts as the Government’s Job Retention Scheme comes to an end in October.

Pizza Hut to close 29 restaurants, putting 450 jobs at risk

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Pret a Manger ‘set to close 1 in 10 UK stores putting 800 jobs at risk’

After appointing City advisers in May, the chain is believed to be considering a range of restructuring options. These include a company voluntary arrangement (CVA) insolvency process, which would allow Pret to close unprofitable sites.