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GM, Ford to have white-collar employees work remotely starting Monday
U.S. automakers General Motors Co and Ford Motor Co said on Friday they will have most of their white-collar workforce working remotely as of Monday to protect against the spread of the coronavirus.
GM Chief Executive Mary Barra told employees on Friday the No. 1 automaker is asking all employees and contract workers to work remotely, noting the company has faced crises before. “For many of us, it’s our first experience of this type. But disruption and trying circumstances are not new to us,” she said in an email.
Barra said the remote-work policy applied globally apart from China, which has existing protocols in place. “Our IT tools and systems have been extensively stress-tested; it’s vital that we leverage them to continue delivering,” she said.
Ford has seen “limited” impact to its global operations due to the epidemic, with some employees testing positive for the virus in China and Germany but none so far in the United States, spokesman Mark Truby said on a call with reporters. The No. 2 U.S. automaker has not lost any vehicle production outside of China and it is taking steps to keep its plants operating, he said. However, some parts of the U.S. market have seen customer traffic at dealers hurt by the outbreak, he added.
On Thursday, Fiat Chrysler Automobiles NV said an employee at its transmission plant in Kokomo, Indiana, had tested positive for COVID-19, the disease caused by the virus, but he was being treated and the plant was still operating while anyone exposed to that worker was quarantined.
https://www.reuters.com/article/us-health-coronavirus-autos-ford-motor/gm-ford-to-have-white-collar-employees-work-remotely-starting-monday-idUSKBN2102DB
DDFI5899 USMC C-560 out of New Orleans NE SAM420 with a flyover of Wilmington NC and returning north R30016 USMC C-560 returning to Dobbins.
anon in lb who asked for link…clean your cache manually. You will need to this often to stay on. It will freeze many times. Persistence counts
Au -60.70 -3.85%
Ag -1.24 -7.88%
https://www.kitco.com/charts/livegold.html
https://www.kitco.com/charts/livesilver.html
>>8400877 pb Finance/Fed
FRBNY POMO Operation #3
The third one is 3.35x over-subscribed. Fourth one closes in 8 minutes
Total Par Amt Accepted (mlns) : $8,001
Total Par Amt Submitted (mlns) : $26,804
https://www.newyorkfed.org/markets/pomo/operations
noticed that too. They all have to pay attention doing it then.
>>8401876 2020 American Silver Eagle Bullion Coins Temporarily Sell Out As Demand for Silver Surges
notable
that means they can't get hold of the blanks for striking.
>>8401909 2020 American Silver Eagle Bullion Coins Temporarily Sell Out As Demand for Silver Surges
try that again.
notable
disregard…wrong crumb #
Tesla chief Elon Musk's trial postponed due to coronavirus
Elon Musk’s expected defense of a $2.2 billion deal in court was postponed on Friday from its expected Monday start, due to the coronavirus outbreak. A new trial date has not be set.
The case relates to Tesla’s purchase of SolarCity in 2016, a deal that was criticized by shareholders as benefiting Musk at the expense of Tesla Inc, and the outcome may depend as much on the chief executive’s temperament as on the facts of the case.
The electric vehicle maker’s unconventional CEO has shown two sides in recent court proceedings — one polite and respectful, the other evasive and taunting.
It remains to be seen which Musk will show up at a Delaware court, the nation’s leader on corporate issues, when he squares off against union pension funds and asset managers who claim they were misled about the benefits of Tesla buying SolarCity in 2016 for $2.2 billion.
Getting it wrong could cost Musk more than $1 billion.
https://www.reuters.com/article/us-tesla-solarcity-lawsuit/tesla-chief-elon-musks-trial-postponed-due-to-coronavirus-idUSKBN21018P