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Apr 14, 2020
04/20
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BBCNEWS
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on to the business standard in mumbai, the lock they're extended until may the 3rd. massive number of people, 1.3 billion and a lot of them living in cramped conditions. this lockdown will really cause problems, susie. who are you talking to? so difficult when you're not in the room. the imf says india and china will be those two countries that perhaps will not have as big a problem as the rest of the developing world or the developed world, the wealthier nations but what's interesting is that there are other stories that show despite the many differences between the uk and india, they have many of the same problems. there is an issue getting ppe to their medics, elective surgery has been cancelled and there is less room in hospitals for people who are ill with other things. a stimulus package was agreed by the prime minister and finance minister to get funds to small businesses and poor people in urban and rural areas, the kind of thing which makes everyone around the world, every government to do the same sort of thing, crisis socialism which so many of these gener
on to the business standard in mumbai, the lock they're extended until may the 3rd. massive number of people, 1.3 billion and a lot of them living in cramped conditions. this lockdown will really cause problems, susie. who are you talking to? so difficult when you're not in the room. the imf says india and china will be those two countries that perhaps will not have as big a problem as the rest of the developing world or the developed world, the wealthier nations but what's interesting is that...
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Apr 22, 2020
04/20
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BBCNEWS
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and the business standard reports india's approval of a new law that could see people sentenced to sevenfined the equivalent of more than £400,000 for attacking or harassing health workers treating covid—i9 patients. the new law comes after reports of assaults on health workers in several states in india. so let's begin... let's get there as many of these as we can. welcome to you both, let's start to the near. a glimmer of light piqued by disruption until the end of the year. the first secretary saying something which was then not slapped down but slightly contradicted. he was yes i can hear you. talk is through the front page of the mirror. we had a slightly different message from the chief medical officer. that is white, great, the government was confidently were act to peak of this crisis not necessarily through the peak but at the peak and we heard from matt hancock the social distancing measures will need to continue and that was a message that was reiterated by the chief medical 0fficer was reiterated by the chief medical officer who was saying that some social distancing measures
and the business standard reports india's approval of a new law that could see people sentenced to sevenfined the equivalent of more than £400,000 for attacking or harassing health workers treating covid—i9 patients. the new law comes after reports of assaults on health workers in several states in india. so let's begin... let's get there as many of these as we can. welcome to you both, let's start to the near. a glimmer of light piqued by disruption until the end of the year. the first...
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Apr 14, 2020
04/20
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BBCNEWS
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the business standard in india reports that the country's lockdown has been extended until the 3rd maytwo million jobs in the uk could be lost during the current lockdown. so, let's start, and susie, let's look at the telegraph first of all, a picture of rishi sunak, the chancellor, and that ominous graph showing that big red crash right at the end but then a v shape. what do you make of their coverage? it's much the same as lots of other papers which is reporting these figures that came out today predicting what the recession will look like in the telegraph says it will be the worst since 1709, the worst winter for will be the worst since 1709, the worst winterfor 500 will be the worst since 1709, the worst winter for 500 years was followed by floods, flu and crop failures. sound familiar? all these predictions depend on the unknown, we don't know how bad or how long a recession will be because we don't know when you lift lockdown how it will work, whether it will have to be locked down again later, whether there will be a recurrence of the pandemic or vaccines or treatment, whether i
the business standard in india reports that the country's lockdown has been extended until the 3rd maytwo million jobs in the uk could be lost during the current lockdown. so, let's start, and susie, let's look at the telegraph first of all, a picture of rishi sunak, the chancellor, and that ominous graph showing that big red crash right at the end but then a v shape. what do you make of their coverage? it's much the same as lots of other papers which is reporting these figures that came out...
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Apr 17, 2020
04/20
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CSPAN
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. >> thank you very much to a question with the business standard in bangladesh. he sent two questions. i will allow it. what is the food security situation in the world now, and can you address, i know you touched on it briefly, but covid-19's on global trade as well? let's do food security first, please, thank you. david: food security is a problem. what we have tried to discourage countries from doing is hoarding. there is a tendency in a crisis to hunker down, and i think it is a critical part of global cooperation to not do that, to look for teamwork with other countries. i was just on the developing committee, the call this morning of the development committee, and one of the final speakers was a deputy finance minister from russia, who highlighted cooperation internationally as being a key goal, and so, that is very welcome, and it is important for all of those involved in the food supply chain, also the medical supply -- to maintain open markets. on the import side, what countries need to allow his -- what order to have countries need to do is allow trade
. >> thank you very much to a question with the business standard in bangladesh. he sent two questions. i will allow it. what is the food security situation in the world now, and can you address, i know you touched on it briefly, but covid-19's on global trade as well? let's do food security first, please, thank you. david: food security is a problem. what we have tried to discourage countries from doing is hoarding. there is a tendency in a crisis to hunker down, and i think it is a...
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Apr 17, 2020
04/20
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businesses can reopen. and one of the best standards of practice is for those businesses to follow? what are the best standards of practice is for those businesses to follow? >> when executive ordered you issued -- one executive order you issued refers to abortions. the new action you're taking today on surgeries, does that affect the effective ban on most abortions? gov. abbott: ultimately, that -- let a decision me tell you about today's decision. it is based upon data and what doctors recommend. the data that was behind the original order was that a forecasting that texas would have strained hospital capacity. strained ppe capacity. hence, there was a need articulated by doctors that we shut down all procedures except for those that were allowed to make sure that we maintain the hospital beds we that wend the ppe needed. it turned out in hindsight, that we have a number of hospital beds that are vacant, that appear that will not be needed to treat covid-19 patients. because of the hospital bed vacancy and because of the new supply chain for ppe, we feel that we can begin allowing
businesses can reopen. and one of the best standards of practice is for those businesses to follow? what are the best standards of practice is for those businesses to follow? >> when executive ordered you issued -- one executive order you issued refers to abortions. the new action you're taking today on surgeries, does that affect the effective ban on most abortions? gov. abbott: ultimately, that -- let a decision me tell you about today's decision. it is based upon data and what doctors...
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Apr 18, 2020
04/20
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CSPAN
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collaboratively but expeditiously, they will evaluate what other types of businesses can reopen, and what are the best standards and practices for those business toss follow? >> as you know, there are a number of legal battles playing out over the executive orders you have paid. one of them is the ban on abortions. the new action you are taking on surgeries, does that affect the effective ban on most abortions? >> ultimately that will be a decision for force to make. today's decision, like all decisions, are based upon data and what doctors recommend. the data that was behind the original order was data forecasting that texas would have strained hospital capacity, strained p.p.e. capacity. hence, there was a need, articulated by doctors, that we shut down all procedures except for those that were allowed to make sure we maintain the hospital beds we needed and the p.p.e. we needed. it turned out in hind sight we have a great number of hospital beds that were vacant, but appears not needed to treat covid-19 patients. because of the hospital bed vacancy, and because of new supply chain for p.p.e., we feel that we
collaboratively but expeditiously, they will evaluate what other types of businesses can reopen, and what are the best standards and practices for those business toss follow? >> as you know, there are a number of legal battles playing out over the executive orders you have paid. one of them is the ban on abortions. the new action you are taking on surgeries, does that affect the effective ban on most abortions? >> ultimately that will be a decision for force to make. today's...
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Apr 17, 2020
04/20
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on collaboratively would expeditiously is to evaluate what other types of businesses can be open, and one of the best standardsnd practices for those businesses to follow. >> there are a number of legal battles playing out over some of the executive orders you have issued, one relates to the ban on abortion due to the order you put outlawing on nonessential surgeries. the new action you are taking today on surgeries, does that affect the effective ban on those abortions? gov. abbott: ultimately, that make.e a decision to today's decision, like all decisions are based upon data and what doctors recommend. the data that was behind the original order was data forecasting that texas would have straight hospital capacity, strained ppe capacity. need articulated by doctors that we shut down all procedures, except for those that were allowed, to make sure we maintain the hospital beds we needed, to maintain the ppe we needed. greatdsight, we have a number of hospital beds that are vacant that will not be needed to treat covid-19 patients. because of the hospital bed vacancy, and because of new supply chain for ppe, w
on collaboratively would expeditiously is to evaluate what other types of businesses can be open, and one of the best standardsnd practices for those businesses to follow. >> there are a number of legal battles playing out over some of the executive orders you have issued, one relates to the ban on abortion due to the order you put outlawing on nonessential surgeries. the new action you are taking today on surgeries, does that affect the effective ban on those abortions? gov. abbott:...
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Apr 13, 2020
04/20
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KQED
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but, there are other coverages which i felt like have - which are standard business interruption that would kick in for 18 months should there be some sort of a business interruption that was not planned. this clearly falls rtinto. unately, some of those coverages list that you have to have a physical destruction to pay out the policy. so, that is the next tier. and th the tearthat i would really like to see the company's payout on immediately is the civil authority disruptionys it clearly if there is a civil authority that is preventing you from access to your business, that you should have, in this case, in my pocy for example, throug farmers insurance, it pays out 3 weeks of business interruption. and, the problem is again, that reference nein the print of the coverage, that there has to be a physical destruction so physical prevention from you accessing the business. >> this is where you are hoping that city, state, maybe federal leaders can step in. this week, the city offrsan cisco took that stuff and said that covid-19 poses a danger, and that it can stick the surfaces. and thi
but, there are other coverages which i felt like have - which are standard business interruption that would kick in for 18 months should there be some sort of a business interruption that was not planned. this clearly falls rtinto. unately, some of those coverages list that you have to have a physical destruction to pay out the policy. so, that is the next tier. and th the tearthat i would really like to see the company's payout on immediately is the civil authority disruptionys it clearly if...
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Apr 11, 2020
04/20
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KQED
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but, there are other coverages which i felt like have - which are standard business interruption that would kick in for 18 months should there be some sort buof a ness interruption that was not ose an covera ges list that you have t have a physical struction to pay out the policy and then the tear that i would really like to see the company's payout on immediheely iscivil authority disruption. it clearly says if there is a civil authority that is preventing you from access to your business, that you should havein this case, my policy for through farmers insurance, it pays out 3 weeks of busi nesse, interruptionex. am and, tn, problem is agthat reference is in the fine print of the coverage, that there has is where you are hoping on >> o that city, state, maybe federal f thand can step . stuf said that covid-19 poses a daiter, and that can stick to the su aces. and this an attempt very much to shore up your argument that the insurance companies should be able to pay out. what canl state and fede lawmakers to to help resolve is issue? >> so, then it becomes more complicated, right? what
but, there are other coverages which i felt like have - which are standard business interruption that would kick in for 18 months should there be some sort buof a ness interruption that was not ose an covera ges list that you have t have a physical struction to pay out the policy and then the tear that i would really like to see the company's payout on immediheely iscivil authority disruption. it clearly says if there is a civil authority that is preventing you from access to your business,...
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Apr 30, 2020
04/20
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MSNBCW
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safe standards for businesses, for their employees, as well as for the customers. dards based upon data, and on doctors. >> welcome back. that was is texas governor greg abbott on monday announcing he will let a stay at home order expire tonight as he moves in stage one of reopening. starting tomorrow, retail stores, restaurants, movie theaters and libraries and malls are allowed to reopen. no more than 25%, and a second rund for personal care, businesses and gyms, may 18th, provided there is not a 125ik in cases. texas state parks reopened for daytime use last week, if there are no more than four parties paints. texas is bone of biggest states moving to reopen. it's a population of more than 30 million, and a stand alone economy that is the world's tenth largest. it has more than 28,000 confirmed cases of the virus. in his announcement on monday, governor abbott emphasised that his order supercedes other orders. i'm joined by austin mayor steve adler. this is what the governor says. to cities and towns and cities like yours. i have seen you quoted expressing disple
safe standards for businesses, for their employees, as well as for the customers. dards based upon data, and on doctors. >> welcome back. that was is texas governor greg abbott on monday announcing he will let a stay at home order expire tonight as he moves in stage one of reopening. starting tomorrow, retail stores, restaurants, movie theaters and libraries and malls are allowed to reopen. no more than 25%, and a second rund for personal care, businesses and gyms, may 18th, provided...
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Apr 28, 2020
04/20
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BBCNEWS
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there will be no forward—looking tests of business viability, no complex eligibility criteria, just a simple quick, standardusinesses to fill in. loans should arrive within 2a hours of approval. i've heard from small business owners to put their life and soul into their firms but they have less than two weeks of cash flow left and they are devastated. we all need to work together to get the different support schemes working for our country. we must fix this. switzerland has a population of under nine million and yet it approved four times as many loans within its first week than the uk has done and the month. we are running out of time so can i ask the chancellor how he will ensure the bounce back loans get to those businesses that need it, how will they get out of the door and what plans does he have to ensure the capacity will be there in banks to provide those loans? rishi sunak addressed the switzerland comparison head on. it is very clear that, for them, the loan guarantee scheme is the privacy of their direct fiscal support to businesses and in this country, we have done tens of billions of pounds in
there will be no forward—looking tests of business viability, no complex eligibility criteria, just a simple quick, standardusinesses to fill in. loans should arrive within 2a hours of approval. i've heard from small business owners to put their life and soul into their firms but they have less than two weeks of cash flow left and they are devastated. we all need to work together to get the different support schemes working for our country. we must fix this. switzerland has a population of...
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Apr 22, 2020
04/20
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KRON
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>>they're seeing more businesses reopen with new health standards and expanded deliveries. one of those businesses adapting is boba guys and it's octavia street location in the city utah democratic change or model s so we had to hibernate for a while and we're coming back in the models which is pretty much all about public safety seat and making sure everybody is a socially respect chalco founder of boba guys cause their new model boat guys express. >>here only employees are allowed inside as they serve up smaller batches of boba tea for customers through mobile waters in speedy contactless transactions. >>they're also incorporating new protocols like daily temperature checks before starting their shift. >>amy i am not wearing a mask for the inner shoe you guys but everybody are scores property. and we have gloves on we have these temperature checks you take the temperatures but it down. it's looking for weak contact tracing what you see very popular in asia, which is where i think most of that. the high standards are right now for it and so we say what facilities and some c
>>they're seeing more businesses reopen with new health standards and expanded deliveries. one of those businesses adapting is boba guys and it's octavia street location in the city utah democratic change or model s so we had to hibernate for a while and we're coming back in the models which is pretty much all about public safety seat and making sure everybody is a socially respect chalco founder of boba guys cause their new model boat guys express. >>here only employees are allowed...
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Apr 29, 2020
04/20
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FBC
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so i think we have to set some standards and for businesses that can adhere to those standards, if theallow them to open, go for it. but, you know, i'll give you a simple example. somebody in a clothing store trice on a power of clothes, decides they don't want it and puts it right back on the rack, unless you have is some things in place that guide the retail ther on how to clean it again, can you clean it again, you know, somebody goes into a restaurant and sits at a table with a mask on, sneezes into the mask and leaves it on the table what can's the protocol for dealing with that? there's so many little nuanced things, and i actually think it's unfair to put all this stress on local businesses. i think, you know, whether it's state or federal, we need to help them so they can be confident, because if they're confident, then their customers will be confident, and it's that confidence that we need to get them back buying again. because unless consumers buy, it doesn't matter who's open, they're going to lose more money instead of less. lou: there's an old saying in business, it all s
so i think we have to set some standards and for businesses that can adhere to those standards, if theallow them to open, go for it. but, you know, i'll give you a simple example. somebody in a clothing store trice on a power of clothes, decides they don't want it and puts it right back on the rack, unless you have is some things in place that guide the retail ther on how to clean it again, can you clean it again, you know, somebody goes into a restaurant and sits at a table with a mask on,...
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Apr 24, 2020
04/20
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CSPAN
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or we will be looking at, different businesses, the new standards and requirements.e will post those. we will be very transparent. that is what is going into our next weekly meet up going into may 1, to know that if you are a certain distance, you need a barrier, or you might want to add any. >> putting up those barriers and making sure have individuals of a good policy so that they are not punished for missing work when they are sick, they should be reinforced to stay home if they are sick, those are key things. governor holcomb: and obviously these are different. one of the challenges is, whether you are a school or a government or a daycare or nursing home or senator brown, senatorse chime in, braun, churches, retail, malls, the list goes on, and we want to make sure the health care industry knowns -- industry knows what is applicable to them, spas, restaurants, bars, all understand that we are playing by the same rules and this is stealing how we get through this most efficiently. .enator braun since i have been back i have been speaking to so many businesses, es
or we will be looking at, different businesses, the new standards and requirements.e will post those. we will be very transparent. that is what is going into our next weekly meet up going into may 1, to know that if you are a certain distance, you need a barrier, or you might want to add any. >> putting up those barriers and making sure have individuals of a good policy so that they are not punished for missing work when they are sick, they should be reinforced to stay home if they are...
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Apr 24, 2020
04/20
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FBC
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for that reason, a standard business interruption policy always excludes a pandemic.ndustry says it also just can't afford to pay all of the virus claims, but not sitting well with some state lawmakers in new york, new jersey, ohio, massachusetts, they presented bills in their legislatures calling for small business insurance policies to be retroactively changed to cover covid-19 lawsuits. i'm not sure that's going to happen. meantime, seven republican senators have written a letter urging president trump to protect the insurance industry. as you can see, the debate goes on, charles, but meanwhile, small business owners wait hanging on just hoping to survive and maybe one day reopen. charles: tough one. ashley, thank you very much. meanwhile, folks, we are seeing the cp effect as we head into the final hour of trading. we have an analyst who says wall street to have some guts and not be afraid. that's when the market was in free fall. wait till you hear his message next, for you and your money. we will be right back. :: that one call can save you $2000 a year. newday'
for that reason, a standard business interruption policy always excludes a pandemic.ndustry says it also just can't afford to pay all of the virus claims, but not sitting well with some state lawmakers in new york, new jersey, ohio, massachusetts, they presented bills in their legislatures calling for small business insurance policies to be retroactively changed to cover covid-19 lawsuits. i'm not sure that's going to happen. meantime, seven republican senators have written a letter urging...
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Apr 20, 2020
04/20
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CSPAN2
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. >> you found that standard business in the history of successful businesses, there are people who comeecho and that can be tough decisions made along the way, have you shared this with other entrepreneurs like yourself. >> yes, to answer your question, yes. generally people had associations that were difficult for them to keep as the business group because two people would want to go different directions so the friendship and camaraderie ship when you started the business is not there may be five or ten years later. it's not something abnormal to us, maybe normal for new business being started with more than one person but it's something you have to handle successfully or you won't survive. >> i assume you succeeded beyond your wildest dreams. >> undoubtedly. could you have amount and it happening this way? i know he wanted to leave the business for your children or grandchildren but that didn't happen so you accomplished many of your calls but not all of your goals and your obviously a very wealthy man beyond your wildest dreams, is this like the story of america in the 20th an early
. >> you found that standard business in the history of successful businesses, there are people who comeecho and that can be tough decisions made along the way, have you shared this with other entrepreneurs like yourself. >> yes, to answer your question, yes. generally people had associations that were difficult for them to keep as the business group because two people would want to go different directions so the friendship and camaraderie ship when you started the business is not...
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Apr 16, 2020
04/20
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CNBC
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single events and things like that the question -- the question about business interruption that is outstanding right now, standardndustry policy forms cover direct physical loss to a property, to trigger business interruption think of fire or a flood or tornado. that impacts your business, shuts it down. business interruption responds by the way, the notion of is it value for money, about 70 cents of every business interruption, premium dollar collected, as we estimate it, is paid out in claims it is pretty good val yue for money. pandemics, unlike other catastrophes, they're not covered. and for the vast majority of insurers, and why? it is not because we just want to avoid risk. there say really clear reason. most catastrophes, leakike a hurricane or earthquake, are limited by geography or time think of a hurricane it hits a certain geography and lasts for a certain period of time pandemic is very different you can imagine it hits all insureds, or large majority, for a loss, all at once. >> right. >> it has no geographic bounds it has no time limit and so insurance companies have finite balance sheets. and the
single events and things like that the question -- the question about business interruption that is outstanding right now, standardndustry policy forms cover direct physical loss to a property, to trigger business interruption think of fire or a flood or tornado. that impacts your business, shuts it down. business interruption responds by the way, the notion of is it value for money, about 70 cents of every business interruption, premium dollar collected, as we estimate it, is paid out in...
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standards. lynch an about. his hands are empty as he visits one of his customers today. business has been slowly. i've been expecting you know why haven't you been coming over. or why it's been here i'm always in berlin. why didn't you bring any fish right i'm very sorry about that business has been difficult lately. here everyone knows him as moma today he brings bad news since he hasn't been receiving enough oh it is he will have to hold to live for us with the time being. it's just not worth it when we need orders of around 400 kilograms to make a profit. but remember won't give up hope. he's sure he can get enough. looking for more customers with high orders but we'll manage. to shop in. shops to do. is just i wish you all the best thank you thank god it is dark isn't it we're always here if you have more fish. supports him wholeheartedly she assists him whenever she can and firmly believes in his business idea. together the couple came up with a plan to win a major customer. with a little luck they might soon reel in a really big fish. may try one of germany's not just grocery chains has exp
standards. lynch an about. his hands are empty as he visits one of his customers today. business has been slowly. i've been expecting you know why haven't you been coming over. or why it's been here i'm always in berlin. why didn't you bring any fish right i'm very sorry about that business has been difficult lately. here everyone knows him as moma today he brings bad news since he hasn't been receiving enough oh it is he will have to hold to live for us with the time being. it's just not worth...
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Apr 21, 2020
04/20
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CNBC
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business interruption that's exactly why several weeks ago the national association of insurance commissioners came out with a very strong statement, that said that these pandemic claims are not covered under standardusiness insurance interruption policies. >> but don't you have more bills in more than half a dozen states that looking at requiring you to actually cover these business disruption losses? >> there are a number of bills that are being talked about in the states i think the only one that has actually been introduced as a piece of legislation is in new jersey that purport to require mandatory retroactive coverage for what is clearly not covered in standard insurance policies you know, i would say once upon a time in america there was a law that prevented retroactive laws from being passed, called the constitution of the united states clearly there are many legislators that have forgotten about that >> david, do no restaurants have any clauses in their insurance policies that could be argued to potentially cover this i get that clearly a pandemic specifically is not something that appeared in many policies what about broad policies for protection against health crises of some sort >> well
business interruption that's exactly why several weeks ago the national association of insurance commissioners came out with a very strong statement, that said that these pandemic claims are not covered under standardusiness insurance interruption policies. >> but don't you have more bills in more than half a dozen states that looking at requiring you to actually cover these business disruption losses? >> there are a number of bills that are being talked about in the states i think...
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Apr 29, 2020
04/20
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BLOOMBERG
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latest business flash headlines. standardrtered has set aside almost $1 billion for potential losses because of the coronavirus, even as the trading boomlet for first quarter revenue. they reported that biggest provision for five years as clients across asia, africa, and the middle east sought trouble. first quarter earnings slid 12% to 1.2 billion dollars while operating income rose 13%. swung to a loss in the first quarter as the collapse in oil demand hit refining and prices collapsed. asia's biggest refiner reported a net loss of $2.7 billion compared to a profit of just over $2 billion the year before. the first tos were shout facilities because of the coronavirus as demand for everything from aviation fuel to gasoline took a massive hit. expects march deals to fall by up to 55%, contributing to an overall sales decline of 26% for a softst quarter in exchange filing. it said first quarter earnings before tax are expected to be slightly positive but significantly lower. that of course follows lockdowns and travel restrict
latest business flash headlines. standardrtered has set aside almost $1 billion for potential losses because of the coronavirus, even as the trading boomlet for first quarter revenue. they reported that biggest provision for five years as clients across asia, africa, and the middle east sought trouble. first quarter earnings slid 12% to 1.2 billion dollars while operating income rose 13%. swung to a loss in the first quarter as the collapse in oil demand hit refining and prices collapsed....
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Apr 28, 2020
04/20
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FOXNEWSW
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businesses in texas. we will open in a way that uses safe standards. safe standards for businesses. r their employees as well as for their customers. standards based upon data and on doctors. >> ed: casey stegall's live in arlington, texas. good morning, casey. >> good morning. there is one big catch however when it comes to these businesses that will be reopening. they are not allowed to do so at full capacity. they will have their occupancies limited to about 25% at least for now. so libraries and museums, for instance, are on the list of things that can open this friday but say a library is normally allowed to hold a hundred people and they were only allowed 25 inside at one time. the same rules will also apply to the restaurants, retail and also movie theaters. public sports venues are also allowed to resume, so as long as they are outdoors and following the state social distancing practices. that means that tennis courts and golf courses will be back open for business but it's still a ways off before any arenas or really large venues open. governor abbott says health officials b
businesses in texas. we will open in a way that uses safe standards. safe standards for businesses. r their employees as well as for their customers. standards based upon data and on doctors. >> ed: casey stegall's live in arlington, texas. good morning, casey. >> good morning. there is one big catch however when it comes to these businesses that will be reopening. they are not allowed to do so at full capacity. they will have their occupancies limited to about 25% at least for now....
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Apr 30, 2020
04/20
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BLOOMBERG
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business interruption. as a matter of fact, since the sars outbreak in 2003, most standard insurance policies sold in americae specific exclusions for virus or pandemics. that is why the national association of insurance commissioners stated very early that thes crisis business interruption policies do not generally cover pandemic events. vonnie: we are talking about contract law. lawyers on both sides are gearing up for a major fight, concern about setting precedents here, but after other occasions such as 9/11, there were one of the examples that were made, substitutions. couldn't that be the case here again, given the restaurant industry argues they support 50 million jobs, trillions in gdp for the economy? why not just organize between yourselves and make this a one-off example. it is not like the insurance industry will be out. the federal government will make them whole presumably. david: you cannot presume that at all. the issue is much broader than just america's restaurant tours. closure losses for small businesses with 100 or fewer employees in the united between $255ling billion and $431 billion p
business interruption. as a matter of fact, since the sars outbreak in 2003, most standard insurance policies sold in americae specific exclusions for virus or pandemics. that is why the national association of insurance commissioners stated very early that thes crisis business interruption policies do not generally cover pandemic events. vonnie: we are talking about contract law. lawyers on both sides are gearing up for a major fight, concern about setting precedents here, but after other...
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Apr 29, 2020
04/20
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FBC
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i will not reopen va to normal business until we meet the standards put together by the president's taskce and we abide by those standards. there are a lot of placeses in the country, liz, where the virus has not taken hold. we'll certainly look at those first but we will follow the guidelines set by the president. elizabeth: mr. wilkie, thank you so much for joining us, va secretary robert wilkie. we appreciate your time, sir. come back soon. >> it is always good being with you, liz. thank you. elizabeth: same here. thank you, sir, for your service to our country. next up we'll stay on roughly half of the country, 23 states doing a reopen. texas doing a limited reopening. anti-lockdown protests in dozens of states. we'll bring in wall street legend dennis gartman on the road forward. what you need to know about later in the show. tara reade has accused joe biden of sexual assault. calling on joe biden's to release his staff records in last 36 years. it will show the complaint form, separation letter. that is what tara reade says. tara reade is throwing down, saying possibly more staffer
i will not reopen va to normal business until we meet the standards put together by the president's taskce and we abide by those standards. there are a lot of placeses in the country, liz, where the virus has not taken hold. we'll certainly look at those first but we will follow the guidelines set by the president. elizabeth: mr. wilkie, thank you so much for joining us, va secretary robert wilkie. we appreciate your time, sir. come back soon. >> it is always good being with you, liz....
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Apr 20, 2020
04/20
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CNNW
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businesses that can't do work from home. >> this measure will apply statewide and will be the operational standard. >> reporter: monday, all businesses that are reopening must screen employees for illness and practice social distancing. >> but taking this measured action, we will e get georgians back to work safely. >> reporter: there is relaxation in places. south carolina plans to reopen stores and beaches, and social distancing rules flouted. >> i think that decision was reckless. it shoefs you how disciplined the leadership of the country has been. because we do not have a consistent message. >> there are still hot spots, chicago, boston, philadelphia, one more pork plant just closed indefinitely in miniafter an outbreak. nearly 10% of u.s. production is shut down and cases continue the cropping up at nursing homes. the cdc now man dating residents and families are informed about outbreaks. along with the cdc. >> we are also paying for labs to go out to nursing homes to collect samples. >> meanwhile, our leaders struggle to balance the pain of the virus. >> i had the sense i was drowning at certain points. i with was u
businesses that can't do work from home. >> this measure will apply statewide and will be the operational standard. >> reporter: monday, all businesses that are reopening must screen employees for illness and practice social distancing. >> but taking this measured action, we will e get georgians back to work safely. >> reporter: there is relaxation in places. south carolina plans to reopen stores and beaches, and social distancing rules flouted. >> i think that...
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Apr 30, 2020
04/20
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FOXNEWSW
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safe standards for businesses and employees as well as their customers. andards based upon data and doctors. >> ed: texas governor greg abbott on monday saying he's ready to open up parts of the states economy but there's a big debate on what that should look like and how soon it should happen. joining me now is the chair and ceo of charter holdings. also a member of the presidents council and business leaders to reopen the economy. good morning. you are not just member, if any member of this council, i've seen stories saying he's thought about you as a potential commerce secretary, and meanwhile while some people are saying go slow, you are saying something different. you are an advisor of the president saying go faster. you are seeing restaurants not at 25% capacity but you want to see them at 100% capacity? >> yes. we are talking about the health and safety of our customers. so take into that account first. but if you're going to crawl to 25% being the largest employer, we just can't go at something that's 25%. the losses will amount for the entire indu
safe standards for businesses and employees as well as their customers. andards based upon data and doctors. >> ed: texas governor greg abbott on monday saying he's ready to open up parts of the states economy but there's a big debate on what that should look like and how soon it should happen. joining me now is the chair and ceo of charter holdings. also a member of the presidents council and business leaders to reopen the economy. good morning. you are not just member, if any member of...
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Apr 27, 2020
04/20
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BBCNEWS
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there will be no forward—looking text of business viability, no complex eligibility criteria, just a simple quick standardng that universally. we should not ask for the ordinary taxpayers are today and tomorrow to bear the entire risk for laying down lending almost unlimited sums to businesses that may have very little prospect of paying those loans that are not necessarily because of the impact of the coronavirus. so i don't think it is appropriate to provide 100% of guarantees on all of our loans. instead these new bounce back loans carefully target the scheme at those who need it most and the 50,000 cat balances the risk to the 50,000 cat balances the risk to the taxpayer with the need to supports our smallest businesses. —— £50,000 cap. we are making progress in ourfight against £50,000 cap. we are making progress in our fight against the virus but we are not there yet. so our strategy is to protect people and businesses through this crisis by backing our public services and nhs with increased funding, strengthening our safety net to support those most in need, and supporting people to stay in work an
there will be no forward—looking text of business viability, no complex eligibility criteria, just a simple quick standardng that universally. we should not ask for the ordinary taxpayers are today and tomorrow to bear the entire risk for laying down lending almost unlimited sums to businesses that may have very little prospect of paying those loans that are not necessarily because of the impact of the coronavirus. so i don't think it is appropriate to provide 100% of guarantees on all of our...
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Apr 21, 2020
04/20
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CNBC
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. >> when do you think you will have the standard set for businesses that operate in your properties for how to do those sorts of testing, have those guardrails in place and do you think businesses will have to fundamentally change how they operate and put some form of e-commerce in place as well, operating out of that physical location, perhaps for some period of months in order to survive and thrive >> so, what we're doing right now is we're drafting a whole set of protocols that are very detailed our operations department is doingthat. we just retained usc, the head of their infectious disease department to help us guide through that we're also going to be hiring a full rn in infectious disease that will be at all of our properties as we reopen them to make sure all of the crews are following the cleaning protocols to make it as safe as possible i'm sure all of our employees will be in masks and we'll all be protected i want to make sure we're creating a very safe environment. companies around the country, i'm spending as lot of time talking to ceos, it's amazing the amount of wor
. >> when do you think you will have the standard set for businesses that operate in your properties for how to do those sorts of testing, have those guardrails in place and do you think businesses will have to fundamentally change how they operate and put some form of e-commerce in place as well, operating out of that physical location, perhaps for some period of months in order to survive and thrive >> so, what we're doing right now is we're drafting a whole set of protocols that...
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then we also need to figure out what are going to be the standards of opening up businesses. ill be the standard for how airports operate and airlines operate in the future. what's going to make you feel comfortable to go to a restaurant again. what should we be expecting if you go to work at a factory. we need to start having those conversations and i think we are going to figure this out quickly. i don't know how many more weeks that's going to be. i hope we are getting close to the top and we don't tax our hospital system too much. but i'm optimistic because everybody is on board in trying to do things. neil: so senator, do we need, i think chuck schumer started this but they bounced it around washington, this idea of a coronavirus czar or someone to oversee this? there are others who say too many chiefs, not enough indians. i don't know where you stand. what do you think of that? >> i think we have enough people in the federal government. i think the key on all these things, i was a governor for eight years and ran a large company beforehand. you've got to get the best tal
then we also need to figure out what are going to be the standards of opening up businesses. ill be the standard for how airports operate and airlines operate in the future. what's going to make you feel comfortable to go to a restaurant again. what should we be expecting if you go to work at a factory. we need to start having those conversations and i think we are going to figure this out quickly. i don't know how many more weeks that's going to be. i hope we are getting close to the top and...
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Apr 10, 2020
04/20
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KGO
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standards. dan and kristen? >> now we're in business, sandhya. thanks. >> thanks. >> that's true. >>> an activist before there was whaso let's do the rightver chanthing, today.ow. let's stay at home. let's wash up. let's always keep our distance - please, six feet apart at least. let's look after ourselves, as well as others. it will all be worth it. we can all do our part. so those on the front line can do their part. and when this is over, we will all, continue, to thrive. >>> finally tonight lgbtq pioneer phyllis lyon has died at her san francisco home. >> they were the first lesbian couple to be married in san francisco in 2004. by then mayor gavin newsom and newsom married them in 2008 first same-sex couple legally married in the state of california. >> that's phyllis wearing blue, together more than 50 years. >> i just learned a few hours ago one of my heroes phyllis lyon passed away, i had the privilege of being involved in a marriage ceremony between phyllis lyon and del mar tin, the couple had been together almost half a century. the man
standards. dan and kristen? >> now we're in business, sandhya. thanks. >> thanks. >> that's true. >>> an activist before there was whaso let's do the rightver chanthing, today.ow. let's stay at home. let's wash up. let's always keep our distance - please, six feet apart at least. let's look after ourselves, as well as others. it will all be worth it. we can all do our part. so those on the front line can do their part. and when this is over, we will all, continue, to...
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Apr 19, 2020
04/20
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MSNBCW
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but we just presume that all small businesses know what to do to maintain safety standards and we don'tf that, we don't know what the cost for those businesses are going to be and we're not talking that into account. there's things that need to be thought through. but number one, if people can't afford to buy base you can goods, whether it's groceries or anything else, there's no economy. >> tony, the federal minimum wage, which a lot of states have is $7.25 a an hour. that's $15,000 a year. it we go to what mark is suggesting, that's $30,000 a year. still not a lot of money. but those concerns that small businesses share, i'm going to lay people off if i have to go from $10 to $15 an hour, i have to lay people off. now what mark is saying is over time these people will have more money. our costs will probably go up, but there's a new higher base and everybody is playing from the same rules. how does that conversation go with small businesses whom you represent? >> well, i think we have to look at the need for continued support for small businesses. so we have to ensure that americans c
but we just presume that all small businesses know what to do to maintain safety standards and we don'tf that, we don't know what the cost for those businesses are going to be and we're not talking that into account. there's things that need to be thought through. but number one, if people can't afford to buy base you can goods, whether it's groceries or anything else, there's no economy. >> tony, the federal minimum wage, which a lot of states have is $7.25 a an hour. that's $15,000 a...
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Apr 22, 2020
04/20
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KRON
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bay area they're finding ways to slowly reopen once again found new business dels centered ound social-distance seeing and health standards boba guys that's in san francisco, it closed all 17 of its locations in the bay area, los angeles and new york. but now they're hayes alley location is in t city is ck open with a new pop-up version kron four's taylor sackey reports. >>it's one ofthe crash that changed or model each so we had toibernate for a while and we're coming back in the models which is prty much all about public safety is ed and making sure everybody's a socially respect chalco founder of both the guys ys >>they're back at their octavia street location in san francisco with a w version of their stores called baba guys express here ey're serving up smaller batches of boba tea for customers through mobile orders and speedy contactless transactions for employees are incoporating new health standards. >>amy i am not wearina mask for dinner shoe y guys but evybody are scores property. and we have gloves on we have these temperature checks you think the temperatures but it down. it's looking for weak contact tracg wh
bay area they're finding ways to slowly reopen once again found new business dels centered ound social-distance seeing and health standards boba guys that's in san francisco, it closed all 17 of its locations in the bay area, los angeles and new york. but now they're hayes alley location is in t city is ck open with a new pop-up version kron four's taylor sackey reports. >>it's one ofthe crash that changed or model each so we had toibernate for a while and we're coming back in the models...
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Apr 9, 2020
04/20
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CSPAN2
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>> there were two men that were hired by standard oil to market to the black community, and both of them found that when they were traveling for company business they had to use the green book. that led to a relationship between standard oil and the green book. >> is there -- now among african-americans to be shopping at exxon? >> i don't think so. i think it's probably forgotten. >> okay. [inaudible] [laughing] >> i think we can all -- please join me in thanking gretchin sorin. [applause] weeknights this month we're featuring booktv programs showcasing what's available every weekend on c-span2. tonight we'll feature bestsellers. >> watch booktv this week and every weekend here on c-span2. >> next, journalist david zucchino on his book "wilmington's lie" covering the 1898 right in wilmington, north carolina, where white supremacists killed 60 like me and displaced hundreds of african-american families. this is an hour. >> good evening. welcome to quail ridge books. it is my honor to introduce to you jim
>> there were two men that were hired by standard oil to market to the black community, and both of them found that when they were traveling for company business they had to use the green book. that led to a relationship between standard oil and the green book. >> is there -- now among african-americans to be shopping at exxon? >> i don't think so. i think it's probably forgotten. >> okay. [inaudible] [laughing] >> i think we can all -- please join me in thanking...
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Apr 22, 2020
04/20
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CSPAN
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not the way we will in the future, he mentioned from british businesses, not quite right to say they must have been acceptable by uk standards because of different leads in different countries abroad but i can reassure people, 8000 businesses offered ppe in response to the government's call and every business receives a response, 3000 of those 8000 have followed up where they thought the specification or volume that makes it something for the nhs to do and he did make a sensible point about specifications and health standards. he will note from the reporting in other countries that distributed ppe without those high standards, they had to be recalled and health workers in those countries had to go into isolation. i appreciate that he wants to put pressure in scrutinizing the government but i hope he will understand the need to take the right decision and scrutinize very carefully the precious ppe we are putting on the frontline to protect our key workers. >> david mendel would be unable to connect with his first of two questions. ian blackburn. >> thank you, mister speaker. the courtney kube -- the covid-19 pandemic continue
not the way we will in the future, he mentioned from british businesses, not quite right to say they must have been acceptable by uk standards because of different leads in different countries abroad but i can reassure people, 8000 businesses offered ppe in response to the government's call and every business receives a response, 3000 of those 8000 have followed up where they thought the specification or volume that makes it something for the nhs to do and he did make a sensible point about...