Mitsubishi Electric Automation, Inc. Equal Opportunity Employer: Mitsubishi Electric Automation, Inc. ("MEAU") is committed to the employment and advancement of minorities, females, individuals with disabilities, and veterans. We are an equal opportunity employer and do not discriminate in hiring or

Mitsubishi Electric Automation, Inc. Equal Opportunity Employer: Mitsubishi Electric Automation, Inc. ("MEAU") is committed to the employment and advancement of minorities, females, individuals with disabilities, and veterans. We are an equal opportunity employer and do not discriminate in hiring

As a Nike Industrial Engineer, you will utilize your expertise to solve business problems for the North American Supply Chain (NASC), and ensure the maximum utilization of all Nike assets in order to enable global growth for the brand. In this dynamic role you will be involved in a broad range of p

Relocation Yes Location St. Louis MO Company looking for the right person to be a leader in our aggressive growth and geographical expansion of Industrial Construction division. This division handles projects around the country in the refining, petrochemical, p

PROPERTY owners are set to struggle from next month as renters are unable to pay their monthly fees due to income being reduced or cut because of the coronavirus pandemic, businessman Jeremy King warned.

THE AIRLINE INDUSTRY has seen major losses in profit due to the coronavirus pandemic, with many companies seeing job losses and uncertain futures. But this is how the airline industry may recover after the pandemic.

About 10% of Southern Utah workers have filed for unemployment amid the coronavirus, which doesn't include self-employed and many non-profit workers.

Indianapolis' nonprofit arts sector supports about 30,000 jobs. The closures forced by coronavirus are causing damage to theaters, artists and more.

Restaurant owner Roxy Taschuk wasn’t optimistic about the state of her industry when the COVID-19 pandemic hit.

Layoffs are mounting in the hospitality industry. "It's worst than 9/11," says the president of the Indiana Restaurant and Lodging Association.

Restaurants and bars in central Indiana respond to the coronavirus, or COVID-19, health pandemic while operating under state-issued restrictions.

Forensic officers are seen examining a bicycle in the hedge where the man's remains were found.

Home color kits and Zoom crystal readings fill the void. But underground services break the lockdown.

Indians don’t care about megapixels while buying phones: Survey  Hindustan Times

Two Indians flown back from Gulf to Kerala test Covid-19 positive  Hindustan TimesView Full coverage on Google News

Virgin Atlantic Airways has put advisers on standby to handle a potential administration as it races to secure a £500m rescue that would enable Sir Richard Branson’s flagship company to survive the coronavirus pandemic.

• While ride-hailing has suffered from the impact of COVID-19, Uber is in a good position to survive the crisis, three analysts who cover the company told Business Insider.
• Uber is in no danger of running of out money anytime soon, said Mark Mahaney, a managing director at RBC Capital Markets.
• And a series of cost-cutting moves should make the company profitable by next year, said Dan Ives, a managing director of equity research at Wedbush Securities.
• Uber's food-delivery service, Uber Eats, gives the company an advantage over ride-hailing competitors, since it allows homebound consumers to keep using its app, said Tom White, a senior research analyst at DA Davidson.
• Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.
• Visit Business Insider's homepage for more stories.

The ride-hailing industry has taken a major hit from COVID-19 as potential customers remain confined to their homes, but Uber is in a good position to survive the crisis, three analysts who cover the company said.

"Their business model will be intact on the other side of this," said Dan Ives, a managing director of equity research at Wedbush Securities.

A strong cash reserve will help. After ending the first quarter with $9 billion in cash and short-term investments, Uber has the resources to survive a scenario in which the prevalence of COVID-19 and its effect on consumer behavior last for the next two years, said Mark Mahaney, a managing director at RBC Capital Markets.

On Thursday, Uber disclosed its first-quarter financial results, reporting an adjusted loss of $2.9 billion on revenue of $3.5 billion during the first three months of this year. Uber CEO Dara Khosrowshahi said on a call with analysts that the ride-hailing company would cut $1 billion in fixed costs. The company has recently removed its food-delivery service — Uber Eats — from eight unprofitable markets, folded its electric bike and scooter business into Lime (Uber recently led a $170 million investment round in the company), and announced it will lay off about 14% of its workforce.

Those moves should help Uber become profitable in 2021 (the company predicted in February that it would turn a profit by the end of this year), Ives said. Uber's management, which had struggled in the wake of the company's 2019 IPO, has performed well in the current crisis by being transparent with investors and quickly moving to reduce expenses, Ives said. Investors signaled their approval of the company's strategy by sending shares up as much as 8% in after-hours trading on Thursday.

Uber Eats was one of the highlights of the company's first-quarter results, said Tom White, a senior research analyst at DA Davidson, as gross bookings grew 52% from the first quarter of 2019 to $4.7 billion. Eats gives Uber an advantage over ride-hailing competitors that don't have a similar service, as it allows the company to keep homebound consumers using its app, White said. Even after the toll of COVID-19 begins to subside, demand for online food delivery could see continued growth, he added.

But there are still challenges ahead for Uber. The company said rides fell by as much as 80% in April, and Ives projects that 30% of the customers for gig-economy companies like Uber, Airbnb, and Lyft won't use a ride-hailing service until there's a vaccine for COVID-19. Yet the pandemic could leave Uber better off in the long run, White said.

"I saw and heard enough [during Uber's first-quarter earnings call] that makes it harder and harder for me to think that these guys don't emerge from this pandemic probably in a stronger competitive position and a healthier and leaner operating position," he said.

Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.

• Read more:
• Uber CEO Dara Khosrowshahi says drivers should receive tiered healthcare benefits based on how many hours they work, and that the company would pay for it
• SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year
• Uber reveals first-quarter losses of $2.9 billion because of the coronavirus — but says business is starting to pick up again
• Lyft surges 17% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry

SEE ALSO: Elon Musk's theater of the absurd is a sign of the times for tech

Join the conversation about this story »

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This sector has long been battered by forces beyond its control.

Trump's own industry — leisure and hospitality — saw all its job gains since 1988 wiped out.

According to Ascend2, 71% of businesses use marketing automation. The benefits of marketing automation are significant across all industries, including real estate. Even better, marketing isn’t the only process that real estate agents can automate in their business.  Managing a real estate business can be time-consuming. Numerous, repetitive tasks can prevent agents from maximizing their […]

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Narrowing your list of options to speakers within your industry is a great way to ensure your keynote session will pack a punch.

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In line with new evolving computer technologies, a lot of issues previously found complicated are now seen as an easygoing task, for example, e-commerce, contactless payment, secured online transactions, and ride-hailing. All thanks to blockchain, a new technology that massively revitalized all-around sectors, equipping the financial industry with enhanced solutions with less or no additional […]

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South Africa's film and TV industry got the green-light to reopen but as cameras start rolling and lights flicker back on it won't be business as usual.

Hi, sellers! In this Industry Buzz, we’re focusing on finding those strategies that will help your digital business achieve long-term growth. To that end, we’ve put together quite a list of resources on conversion rate optimization, pricing, retention, lead nurturing and growth tips and frameworks.

Hi, sellers! In this Industry Buzz, we’re focusing on finding those strategies that will help your digital business achieve long-term growth. To that end, we’ve put together quite a list of resources on conversion rate optimization, pricing, retention, lead nurturing and growth tips and frameworks.

Invitation Only Research Event

Researchers: Christopher Brinton, Zoomi, Inc. and Princeton University, and Mung Chiang, Purdue University Moment: http://www.ams.org/samplings/mathmoments/mm139-netflix.pdf Description: Christopher Brinton and Mung Chiang talk about the Netflix Prize competition.

(Paul Scherrer Institute) Researchers at the Paul Scherrer Institute PSI have collaborated with British economists to study how energy consumption by Swiss industry develops depending on energy pricing. To this end, they examined in particular the prices and consumption of both electricity and natural gas over the past decades. One result: For the most part, price increases have only long-term effects on energy consumption.

(University of Surrey) A new research study, investigating how service robots in hotels could help redefine leadership and boost the hospitality industry, has taken on new significance in the light of the seismic impact of the Covid-19 outbreak on tourism and business travel. The study by academics at The University of Surrey and MODUL University Vienna focuses on how HR experts perceive service robots and their impact on leadership and HR management in the hotel industry.

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In 2012, Eleni Linos, professor of dermatology at Stanford university, published a systematic review and meta-analysis of the link between non-melanoma cancer and sun-beds. That bit of pretty standard research, and a particular rapid response to it, has kicked of years of work - and in this podcast I talk to Eleni and her colleagues Stanton...

In 2020, when information is literally glued to our fingertips, technological innovations fill the stratosphere, the economy is reeling. Under the catastrophic effects of the coronavirus pandemic, one has no choice but to be creative – be creative...

Invitation Only Research Event

Marking the release of an MPI report, this discussion focuses on the dynamics in low-wage workplaces and immigration law that have contributed to systematic violations of labor standards and explores new and effective enforcement strategies that state and local governments across the United States are utilizing.

This discussion, featuring California's Labor Commissioner and the head of the Tennessee Bureau of Workers' Compensation, launched a report that examines state innovations in labor standards enforcement in low-wage, immigrant-dense industries. With wage underpayment, payroll fraud, and other violations widespread in industries such as construction and car-washing, the discussion focused on how targeted enforcement can deter practices that hurt native-born and immigrant workers alike, cost state tax revenue, and disadvantage law-abiding employers. 

The Center for Research & Education in Technology is encouraging dental schools to find out how to participate in its program and learn about the benefits to the school and its students.

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An average of 915 DACA recipients every day will lose their work authorization and protection from deportation once the phaseout of the program moves into full force in spring 2018, MPI estimates. This fact sheet also offers U.S. and state estimates of the school enrollment and educational attainment, workforce participation, and industries and occupations of employment for the nearly 690,000 current DACA holders.

A century ago, Edward Noble sold billions of Life Savers in a few years with a different approach to marketing mints.

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The state's highest court allowed some claims brought on behalf of relatives of victims of the 2012 mass shooting at Sandy Hook Elementary School to proceed against the firearms industry.

"The objective of the audit was to assess whether the award of funding under the RJIP program was informed by appropriate departmental advice and that processes complied with the grants administration framework."--Page 8.

Meat industry and trade -- Environmental aspects.

Leipzig : Tauchnitz, 1873-1876.

Washington, D.C. : Department of Transportation, Federal Railroad Administration, 1976.