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Boeing's CEO On Coronavirus Impact On Travel, 737 MAX Update, Bond Offering

Many U.S. airliners are "reasonably confident" that a return to 30% to 50% of pre-COVID-19 capacity by the end of 2020 is possible, Boeing Co (NYSE: BA) CEO David Calhoun said in a Fox Business interview Friday. A 'Crawl Back' For Airline Industry Investors expecting a swift return to 2019 traffic levels may be disappointed, as the industry will "slowly crawl back" to pre-crisis levels over a three-year period, Calhoun said.It will take another two years afterward for the industry to resume the growth curve seen over the past 20 years, the CEO said. The timeline could change based on different factors, including a quicker-than-expected development of a COVID-19 vaccine that results in a "more robust" recovery, he said.Boeing 737 MAX Update The pandemic is far from Boeing's only problem to deal with, as the two 737 MAX crashes set the company back two years, Calhoun said.The company continued to manufacture new MAX planes, and even if they are grounded today, the planes will ultimately "find their way into the market."Any near-term market share losses will be erased as the MAX undergoes a "catchup" phase, he said.Boeing's talks with the FAA regarding the certification process are "constructive" and "thorough," Calhoun said.The work-from-home and travel restrictions do add by default additional time to any eventual certification for the MAX to return to the skies, the CEO said. Boeing also expects to resume 737 MAX production this month after it was suspended in January, he said. The company has already announced its plans to build fewer planes moving forward to compensate for its existing inventory.Boeing's Bond Deal Boeing already suspended its dividend and will prioritize the payback of its new $25-billion bond issue until "we get back to the same kind of balance sheet" that existed prior to the MAX crashes, he said. After that, the company will plan on how to resume cash distributions to shareholders, Calhoun said -- but not until Boeing "significantly" pays down debt. Boeing shares were trading 3.27% higher at $132.86 at the time of publication Friday.Related Links:Boeing's Large Bond Deal Solves Liquidity Problem, Says Bullish Goldman SachsBoeing Analyst Turns Bullish After Deep Sell-OffSee more from Benzinga * Southwest Airlines CEO On 'Breathtaking' March Declines, Financial Plans * Boeing Shares Lose Altitude On New Coronavirus-Driven Concerns * Carly Fiorina Blasts Corporate Bailout Funding In T Coronavirus Relief Bill(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.





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Car Storage Space in Fort Worth: 5 Questions Every Collector Car Owner Should Ask Before Leasing

Collector Car Storage




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Resources To Know: The MUTCD -- A Book In The News This Week You May Never Have Heard Of That Impacts You Every Day

A relatively obscure book is receiving its 15 minutes (or more) of fame this week, The Manual On Uniform Traffic Control Devices (MUTCD).

This set of federal standards for traffic signs, road surface markings, and signals is a primary resource to know about, so we wanted to take a closer look – especially since it is in the news right now.

New MUTCD standards announced recently require compliance over the next several years, depending on what type of changes are required.

For example, states, counties, cities and towns across America will need to increase the size of letters on street signs for roads with speed limits over 25 mph from 4 inches to 6 inches by January, 2012.

Street signs requiring new reflective lettering which is more visible at night must be installed by January, 2018.

These required changes will affect both large cities and small jurisdictions across the country. ABC News reported on some sample impacts this week:

“In Milwaukee, this will cost the cash-strapped city nearly $2 million, double the city’s entire annual for traffic control.
In Dinwiddie County, Virginia – with lots of roads but not many people – the cost comes to about $10 for every man, woman and child.”
So where did these regulations, which some may consider to be overly-bureaucratic, come from?

In the early 20th Century, roads were promoted and maintained by automobile clubs of private individuals. Each road and highway had its own type of signage, without regard for directional assistance or safety promotion.

By 1927, the American Association of State Highway Officials (AASHO - the predecessor to today's AASHTO) published the first standards, titled the Manual And Specifications For The Manufacture, Display, And Erection Of U.S. Standard Road Markers And Signs, a precursor to the MUTCD that is still in use today.

The first MUTCD was released in 1935, setting standards for both road signs and pavement markings. Since then, eight more editions have been published with numerous updates that include changes in usage as well as technological improvements over the years.

Some of these changes are particularly noteworthy. It wasn’t until 1971 that all center lines were to be painted in yellow (as opposed to white) and all highway signs were required to be in white on a green background.

The most recent edition (2009) weighs in at 864 pages, dictating required standards for everything from simple items like street names and route signs to more complex topics, such as how to designate Bicycle Lane Treatment At A Parking Lane Into A Right Turn Only Lane and Examples Of Light Rail Transit Vehicle Dynamic Envelope Markings For Mixed-Use Alignments.

Additions and revisions are recommended to the Federal Highway Administration (FHWA) by the National Committee on Uniform Traffic Control Devices (NCUTCD), a private, non-profit organization, which is made up of twenty-one sponsoring organizations comprised of transportation and engineering industry groups, safety-oriented organizations, and others such as the American Automobile Association.

This takes us back to this week’s controversy.

Federal standards promote safety and recognizable meanings, but when those standards are changed there will be ripple effects across local jurisdictions with limited resources to comply.

In places like Dinwiddie County, Virginia, citizens may argue that standards compliance could take funds away from education or public safety.

The Federal Highway Association says the new regulations, written under the Bush Administration, are designed to be easily read by America’s aging population. However, the FHWA announced this week a 45-day period for public comment on the new rules, “a step that could lead to easing on the guidelines,” according to ABC News.

U.S. Secretary of Transportation took matters a step further today, stating:

“I believe this regulation makes no sense. It does not property take into account the high costs that local governments would have to bear. States, cities, and towns should not be required to spend money that they don’t have to replace perfectly good traffic signs.”

LaHood tried to put a balanced spin on the controversy by summing up, "Safety is our priority, but so is good government."




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Temporary Road Closure - Pacific Pines

Streets affected: Pacific Pines Boulevard (lane closure with traffic control – expect delays) between Binstead Way and Capricorn Drive

Region:

Category:

Date: 
Friday, May 8, 2020 - 16:30 to Saturday, June 6, 2020 - 04:00
planned: 
1
Read more: 

Start date: 8 May 2020

End date: 5 June 2020

Duration: 6:30am – 6pm

Reason: Potholing




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The Benefits & Examples of Using Apache Spark with PySpark

Apache Spark runs fast, offers robust, distributed, fault-tolerant data objects, and integrates beautifully with the world of machine learning and graph analytics. Learn more here.




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Exploring the Impact of Geographic Information Systems

GIS has mostly been behind more popular buzzwords like machine learning and deep learning. GIS has always been around us in the background being used in government, business, medicine, real estate, transport, manufacturing etc.




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Have we hit bottom yet? What new earnings reports say about COVID’s impact on digital advertising

The hit in mid-March was sudden and dramatic, but there appear to be signs, including from media buyers, that the worst is over.

Please visit Marketing Land for the full article.




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New Ways to Shop in Cyberspace

Paul Hemp, HBR senior editor and author of the article "Are You Ready for E-tailing 2.0?"




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Designing Spaces for Creative Collaboration

Scott Doorley and Scott Witthoft, co-directors of the Environments Collaborative at the Stanford University d.school and authors of "Make Space."




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Sally Ride on Breaking Ground in Aerospace and Education

Sally Ride, former NASA astronaut and founder of Sally Ride Science.




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Astronaut Scott Kelly on Working in Space

Scott Kelly, a retired U.S. astronaut, spent 520 days in space over four missions. Working in outer space is a lot like working on earth, but with different challenges and in closer quarters. Kelly looks back on his 20 years of working for NASA, including being the commander of the International Space Station during his final, yearlong mission. He talks about the kind of cross-cultural collaboration and decision making he honed on the ISS, offering advice that leaders can use in space and on earth. His memoir is “Endurance: A Year in Space, a Lifetime of Discovery.”




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Understanding the Space Economy

Sinéad O'Sullivan, entrepreneurship fellow at Harvard Business School, discusses how space is much more important to modern business than most people realize. It plays a role in making food, pricing insurance, and steering self-driving cars. While moonshot projects from SpaceX to Blue Origin drive headlines, the Earth-facing space economy is booming thanks to plummeting costs of entry. As tech companies large and small compete to launch thousands of satellites, O'Sullivan says we are actually running out of space in space.




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Matterport for iPhone App Lets You 3D Capture Your Space

Matterport has updated their Capture app so that you can now "3D scan" spaces using the built-in camera on your iPhone or iPad. Meaning you take a bunch of photos, and the software stitches it together.

Now that everyone's cooped up at home, I can see tons of people wanting to capture their houses for fun…


…and the app lets you measure, tag items and label spaces too.


The only thing I don't like: You have to upload everything to the cloud, which is where the stitching-together part happens. It darn sure better be hack-proof--it's bad enough we've spent the past few years bugging our own homes with smart speakers, now it's like we're creating maps for tech-savvy burglars.




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Bushfire hazard reduction burn – Pacific Pines Parklands

Start: 8.00am, Tuesday 23 July (weather permitting)
End:  5.00pm, Friday 26 July
Duration:  Four days

In partnership with Queensland Fire & Emergency Service, the City will door knock residents adjoining burn locations to provide information regarding bushfire protection and preparedness leading into this year’s fire season. Minimal disruption to residents is expected. Residents with health issues associated with smoke are encouraged to contact the City’s Natural Areas Management Unit on 07 5581 6984.

For more information on the scheduled hazard reduction burn program, visit the Gold Coast Rural Fire Brigade Group website.

Region:

Category:

Date: 
Tuesday, July 23, 2019 - 18:00 to Saturday, July 27, 2019 - 03:00
planned: 
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Gerber develops PPE Retooling Package




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Lyst Index for Q1 shows impact of virus on shopping habits




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Anders Releases Annual Community Impact Report

Giving back is part of our social responsibility and corporate culture at Anders, and we proudly support local charitable, civic, community and trade organizations. The Anders Community Impact Report takes an in-depth look at our commitment, connections and involvement in… Read More

The post Anders Releases Annual Community Impact Report appeared first on Anders CPAs.




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Tax Reform: Impact on Health Care Organizations

The Tax Cuts and Jobs Act is changing the way organizations do business, including health care organizations. To help you prepare for the changes and take advantage of new benefits, the Anders Health Care Group has compiled a chart on the most important provisions for the industry. Complete the form below to download the Tax...

The post Tax Reform: Impact on Health Care Organizations appeared first on Anders CPA.




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How the Rise of Overseas Contracts Could Impact the MLB

The past few years, off-seasons in particular, have been met with frustration and anger from MLB players and the Major League Baseball Players Association over the free agent market and the compensation structure/control currently in place. Yes, the Bryce Harper’s… Read More

The post How the Rise of Overseas Contracts Could Impact the MLB appeared first on Anders CPAs.




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How the New Revenue Recognition Standard Will Impact Manufacturers

The new revenue recognition standard includes important provisions that manufacturers need to be aware of. Effective 1/1/2019 for private companies with calendar year ends, the new standards will change the way manufacturing companies recognize revenue.
Variable Consideration
Manufacturing companies will… Read More

The post How the New Revenue Recognition Standard Will Impact Manufacturers appeared first on Anders CPAs.



  • Audit and Advisory
  • Manufacturing and Distribution
  • revenue recognition
  • revenue recognition standard

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Tax Reform: Impact on Not-for-Profits

The Tax Cuts and Jobs Act is changing the way organizations do business, including not-for-profit organizations. To help you prepare for the changes and take advantage of new benefits, the Anders Not-for-Profit Group has compiled a chart on the most… Read More

The post Tax Reform: Impact on Not-for-Profits appeared first on Anders CPAs.




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Temporary Road Closure - Pacific Pines

Streets affected: Pacific Pines Boulevard (lane closure with traffic control – expect delays) between Binstead Way and Capricorn Drive

Region:

Category:

Date: 
Friday, May 8, 2020 - 16:30 to Saturday, June 6, 2020 - 04:00
planned: 
1
Read more: 

Start date: 8 May 2020

End date: 5 June 2020

Duration: 6:30am – 6pm

Reason: Potholing




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NECAPAC Update 11/22/19

Special thanks to Orange County Chapter Executive Tom Geller, Puget Sound Chapter’s Rick Rothermel of Pacific Coast Electrical Contractors, Chicago and Cook County Chapter’s Eric Nixon of Maron Electric, and Northern California Chapter’s Greg Long of Long Electric for renewing their PLC memberships!

 

Congratulations to the Wisconsin Chapter for reaching its 2019 NECAPAC goal!

 

Personal Contributions = 773
Corporate Contributions = 961

 

NECAPAC Fund to 11-22-19 = $778,924
ADMIN Fund to 11-22-19 = $228,230

 

Total Contributions to Date = 1,734
Total Dollars to Date = $1,007,154 




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NECAPAC Update 11/27/19

Special thanks to West Virginia-Ohio Valley Chapter’s Duane Shurow of Progressive Electric for renewing his PLC membership!

Personal Contributions = 773
Corporate Contributions = 962

NECAPAC Fund to 11-29-19 = $783,984
ADMIN Fund to 11-29-19 = $228,230

Total Contributions to Date = 1,735
Total Dollars to Date = $1,012,214 




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NECAPAC Update 12/6/19

Special thanks to Quad Cities Chapter’s Dan Palmer of Tri City Electric for renewing his PLC membership!

Congratulations to NECA’s Northern Illinois Chapter, Twin Ports-Arrowhead Chapter, Eastern Illinois Chapter, South Texas Chapter, and Kansas City Chapter for reaching their 2019 NECAPAC goals!

Personal Contributions = 795
Corporate Contributions = 994

NECAPAC Fund to 12-6-19 = $800,639
ADMIN Fund to 12-6-19 = $231,430

Total Contributions to Date = 1,789
Total Dollars to Date = $1,032,069 




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NECAPAC Update: 12/13/19

Congratulations to NECA’s Kansas Chapter, Northeastern Line Chapter, and Southern Colorado Chapter for reaching their 2019 NECAPAC goals!

Personal Contributions = 812
Corporate Contributions = 1045

NECAPAC Fund to 12-13-19 = $813,269
ADMIN Fund to 12-13-19 = $236,615

Total Contributions to Date = 1857
Total Dollars to Date = $1,049,884




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NECAPAC Update 12/20/19

Congratulations to NECA’s North Central Ohio Chapter, Greater Cleveland Chapter, Central Ohio Chapter, Oregon-Pacific-Cascade Chapter, Northern Indiana Chapter, Minneapolis Chapter, Orange County Chapter, Chicago and Cook County Chapter, San Diego Chapter, Northern California Chapter, and San Francisco Chapter for reaching their 2019 NECAPAC goals!

Personal Contributions = 863
Corporate Contributions = 1052

NECAPAC Fund to 12-20-19 = $833,269
ADMIN Fund to 12-20-19 = $240,275

Total Contributions to Date = 1915
Total Dollars to Date = $1,073,544 




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NECAPAC Update: 1/10/20

Congratulations to Rick Osbakken for being our first PLC renewal of 2020! 

Personal Contributions = 5
Corporate Contributions = 3

NECAPAC Fund to 1-7-20 = $5,070
ADMIN Fund to 1-7-20 = $1,600

Total Contributions to Date = 8
Total Dollars to Date = $6,670




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NECAPAC Update 1/17/20

Congratulations to Ike Poe of New River Electrical Corp. for renewing his 2020 PLC membership!

Personal Contributions = 31
Corporate Contributions = 1

NECAPAC Fund to 1-17-20 = $18,380
ADMIN Fund to 1-17-20 = $1,000

Total Contributions to Date = 32
Total Dollars to Date = $19,380




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NECAPAC Update 1/24/20

Congratulations to Nicolaus Feldmann of Eldor Contracting Corp. for renewing his 2020 PLC membership!

Personal Contributions = 34
Corporate Contributions = 2 

NECAPAC Fund to 1-24-20 = $24,100
ADMIN Fund to 1-24-20 = $6,000

Total Contributions to Date = 36
Total Dollars to Date = $30,100




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NECAPAC Update 1/31/20

Congratulations to William Darnstadt of Lyons Electric Company for renewing his 2020 PLC membership! 

Personal Contributions = 52
Corporate Contributions = 28

NECAPAC Fund to 1-31-20 = $31,020
ADMIN Fund to 1-31-20 = $11,000

Total Contributions to Date = 80
Total Dollars to Date = $42,020 




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NECAPAC Update 2/7/20

Personal Contributions = 52
Corporate Contributions = 175

NECAPAC Fund to 2-7-20 = $31,080
ADMIN Fund to 2-7-20 = $13,600

Total Contributions to Date = 227
Total Dollars to Date = $44,680




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NECAPAC Update 2/14/20

Congratulations to Blair Mahan of Benson Electric Company and District 7 Vice President Greg Rick of Rick Electric for renewing their 2020 PLC memberships!

Personal Contributions = 55
Corporate Contributions = 177

NECAPAC Fund to 2-14-20 = $42,140
ADMIN Fund to 2-14-20 = $13,950 

Total Contributions to Date = 232
Total Dollars to Date = $56,090 




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NECAPAC Update 2/21/20

Special thanks to Gloria Ashford of Ashford Electric & Construction, LeeAnn Cochran of Cochran Inc., Drew Mackey of Evergreen Power Systems, Marvin Nelson of Nelson Electric, Greg Stewart of The Superior Group, and Rick Rothermel of Pacific Coast Electrical Contractors for renewing their 2020 PLC memberships!

Congratulations to NECA’s Puget Sound Chapter for being the first chapter to reach its goal for 2020!

Personal Contributions = 64
Corporate Contributions = 232 

NECAPAC Fund to 2-21-20 = $72,446
ADMIN Fund to 2-21-20 = $24,450

Total Contributions to Date = 296
Total Dollars to Date = $96,896 




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NECAPAC Update 2/28/20

Congratulations to David Washebek of Lemberg Electric for joining the Political Leadership Council! 

Personal Contributions = 77
Corporate Contributions = 234

NECAPAC Fund to 2-28-20 = $88,676
ADMIN Fund to 2-28-20 = $25,700

Total Contributions to Date = 311
Total Dollars to Date = $114,376




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NECAPAC Update 3/6/20

Congratulations to Puget Sound Chapter Executive Barry Sherman for renewing his Political Leadership Council membership. 

Special thanks to Thomas DePace of Advance Sound Company for renewing his NextGen PLC Membership!

Personal Contributions = 86
Corporate Contributions = 267

NECAPAC Fund to 3-6-20 = $101,011
ADMIN Fund to 3-6-20 = $26,700

Total Contributions to Date = 353
Total Dollars to Date = $127,711 




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NECAPAC Update 3/13/20

Congratulations to NECA’s Southern Tier Chapter for reaching their goal for 2020!

Personal Contributions = 91
Corporate Contributions = 328

NECAPAC Fund to 3-13-20 = $103,991
ADMIN Fund to 3-13-20 = $41,500

Total Contributions to Date = 419
Total Dollars to Date = $145,491 




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NECAPAC Update 3/20/20

Personal Contributions = 96
Corporate Contributions = 329

NECAPAC Fund to 3-20-20 = $105,390
ADMIN Fund to 3-20-20 = $42,035 

Total Contributions to Date = 425
Total Dollars to Date = $147,425

 




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NECAPAC Update 3/27/20

Personal Contributions = 96
Corporate Contributions = 329

NECAPAC Fund to 3-27-20 = $105,390
ADMIN Fund to 3-27-20 = $42,035

Total Contributions to Date = 425
Total Dollars to Date = $147,425




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NECAPAC Update 4/3/20

Personal Contributions = 129
Corporate Contributions = 329

NECAPAC Fund to 4-3-20 = $110,600
ADMIN Fund to 4-3-20 = $42,035

Total Contributions to Date = 458
Total Dollars to Date = $152,635 




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NECAPAC Update 4/10/20

Special thanks to John Banks of Motor Shop Electrical Construction for renewing his 2020 PLC membership!

Personal Contributions = 137
Corporate Contributions = 329

NECAPAC Fund to 4-10-20 = $116,720
ADMIN Fund to 4-10-20 = $42,035

Total Contributions to Date = 466
Total Dollars to Date = $158,755 




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NECAPAC Update 4/17/20

Personal Contributions = 137
Corporate Contributions = 329

NECAPAC Fund to 4-17-20 = $116,720
ADMIN Fund to 4-17-20 = $42,035

Total Contributions to Date = 466
Total Dollars to Date = $158,755 




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NECAPAC Update 4/24/20

Personal Contributions = 138
Corporate Contributions = 330

NECAPAC Fund to 4-24-20 = $116,997
ADMIN Fund to 4-24-20 = $44,535

Total Contributions to Date = 468
Total Dollars to Date = $161,532 




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NECAPAC Update 5/1/20

Special thanks to Brent Fatzinger of Abbot Electric for renewing his PLC membership!

Personal Contributions = 142
Corporate Contributions = 330

NECAPAC Fund to 5-1-20 = $123,357
ADMIN Fund to 5-1-20 = $44,535

Total Contributions to Date = 472
Total Dollars to Date = $167,892




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NECAPAC Update 5/8/20

Special thanks to Mark Huston of Lone Star Electric for renewing his PLC membership!

Personal Contributions = 147
Corporate Contributions = 361

NECAPAC Fund to 5-8-20 = $134,517
ADMIN Fund to 5-8-20 = $50,535

Total Contributions to Date = 508
Total Dollars to Date = $185,052




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New $484 Billion Stimulus Package Replenishes PPP and Offers Relief for Hospitals and Businesses

President Trump recently signed a new coronavirus relief bill into law that will help replenish the depleted Paycheck Protection Program (PPP), among other initiatives. Below are the details of the relief package.
Details of the New Bill
The new relief… Read More

The post New $484 Billion Stimulus Package Replenishes PPP and Offers Relief for Hospitals and Businesses appeared first on Anders CPAs.




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Dun & Bradstreet Introduces New COVID-19 Impact Index

Dun & Bradstreet has created a COVID 19 impact index for businesses.



  • Small Business News
  • Coronavirus Biz Advice

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How Blockchain Could Impact the Market

Contracts, transactions, and the records of them are among the defining structures of our economic, legal, and political systems. They establish and verify identities and chronicle events. Yet the bureaucracies formed to manage these have not kept up with the… Read More

The post How Blockchain Could Impact the Market appeared first on Anders CPAs.



  • Forensic and Litigation Services

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Do Headings Really Impact Rankings?

They say in SEO you need to use headings. Those can be H1, H2, or even H3 tags. But do they really impact your rankings? Sure, a lot of CMS systems put headings on each of your web pages by default. They do this with the title of the page (or blog post) and sometimes […]

The post Do Headings Really Impact Rankings? appeared first on Neil Patel.




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Autocar First Drive Review: Volkswagen Tiguan AllSpace

Autocar First Drive Review: Volkswagen Tiguan AllSpace