In a preliminary report, Macy's said it expected first quarter revenue of billion to .03 billion compared with Wall Street estimates of .3 billion. The company also expects to report a larger than expected loss due to store closures during the shutdown, but expects to reopen most stores by late June.
In a March 12 research note, JPMorgan Chase predicted that the US economy would decline 2 percent in the first quarter year-on-year and 3 percent in the second while the eurozone would decline 1.8 percent and 3.3 percent in the same periods. Most other forecasters are less pessimistic. If followed by a recovery in the second half and a permanent return to normalcy, these numbers would indicate relatively small reductions in the future profitability of large listed corporations in most sectors. (Small companies might be hit much harder.)
In a release earlier this month, the Bank of England, the central bank of the United Kingdom, forecast that further escalation in the trade war, or a 10 percentage-point rise in tariffs between the US and all of its trading partners, could chop 2.5 percent off US output and 1 percent off global economic output.
In a statement posted to its website, Agena Astro said Amazon’s claims about its glasses were “completely untrue and incorrect.”
In a joint statement eulogizing the violence, US House Foreign Affairs Committee Chairman Eliot Engel and Lead Republican Michael McCaul on Saturday, urged the government of the special administrative region "to act swiftly to stop the use of excessive force against protesters" and "to immediately release those who have been detained on politically motivated charges".
In a joint letter to Congress in April, the National Council for Behavioral Health and the American Society of Addiction Medicine, ASAM, said that .5 billion was needed to help its sector. An additional billion was needed just to help fight the fallout from COVID-19.
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In a statement issued by the Canadian Foreign Ministry on Tuesday, during their meeting, Champagne called for immediate consular access to Michael Kovrig and Michael Spavor. The two Canadians were detained in December 2018 on charges of engaging in activities endangering China's national security.
In a message sent in recent days in response to a letter from Party members there, Xi called on them to pass along the legacy of the revolutionary era and make all efforts to demonstrate the exemplary role of the Party organization and its members.
In a recent survey concerning K12 education conducted by the 36Kr Research Institute, Chinese parents spend 8,318.8 yuan on average for the K-12 education.
In a video clip by China's Central Television program on Thursday night, local farmers in Jimo, a northern district in Qingdao, said the use of dichlorvos is common in sea cucumber cultivation to help kill other creatures in the ponds and improve the living environment for sea cucumbers.