The bloomberg terminal back to work. Italy starts seeing its lockdown ease, france follow suit. Boris johnson returns to his post today. Adidas revenue slumps 19 in the First Quarter, but bayer catches oost with adjusted epic. Ebita. Surprise. Ish Deutsche Bank says that expects to post a profit for the First Quarter, but as it is unlikely to meet its leverage ratio in 2020. We are just under an hour away from the start of cash equity trading in europe. Let us take a look at futures as they trade across europe this morning. Looking at gains on futures of 2. 3 for the euro stoxx 50 bluechip european benchmark index. Ftse futures up 1. 5 . They have risen a full percent in the last hour. Dax futures are also up. In terms of the u. S. We see 1 gains across the major equity indexes in terms of futures. S p futures, dow jones, and nasdaq futures. Let us get the bloomberg first word news. In place a plan to start easing lockdown measures on may 4. Manufacturing and construction set to restar
For nonessential manufacturing such as furniture, clothing, and toys and a wide array of other factory. As well as warehouses and Logistics Centers so long as social distancing and disinfection methods are practiced. What does a move in this state struggle . It does not mean a return to normal. We know the covid19 is still spreading. Reporter offices, inside dining, malls, and outdoor museums will not be opened unless otherwise wanted. It is a dynamic process, this is not etched in stone, we want to continue to work across sectors and address unintended not just intended consequences. Reporter it will not be until stage three, weeks or months away where shorter contract work places can return under safety protocols. They include churches, weddings, movie theaters, hair and nail salons, gyms, yoga studios, and others. When states that happens remains unknown. Stage four still an unknown number of months away, will and the overall shelter in place or stayathome orders. Then, and only the
We were out of business before, we just didnt know it. I make tough decisions. Gregs not in charge anymore. Im in charge. And i back them up with my own cash. Its not always pretty. Every days not gonna be like this . No, gonna get much worse. But this is business. Cut your losses and go home. I do it to save jobs. Things are going to change. And i do it to make money. This the profit. [theme music] nine years ago, amazing grapes opened its doors in the heart of orange county, a wealthy community about an hour south of los angeles. It was the vision of Greg Schroeder. This is good stuff. A wealthy real estate consultant who loved collecting wines and decided to turn his hobby into a business. We had to drive 35 miles to find the nearest fine wine store, and i thought, just open a store closer to home. Today, amazing grapes sells some of the finest wines in the world, and while the business generates about 3. 5 million in revenue, last year, they lost money. We have never seen a profit
And i fix failing businesses. 2. 5 Million People visit key west a year, and you only sell 40,000 pies. I make tough decisions. Were closing the store. Were done. Im not talking about it anymore. And i back them up with my own cash. Check that out. Its not always pretty. Tired of this bull[bleep]. But this is business. Were gonna have a battle on this one. I do it to save jobs. I got to get some stuff done and youre gonna be our leader here. And i do it to make money. This the profit. [theme music] u. S. Key lime pie company is a pie maker located in beautiful and sunny key west, florida. Jim brush. Jeff and his girlfriend, alison sloat, bought the company, recipes and all, over ten years ago for just 1,200, and have grown the business from selling pies on the side of the road to having their key lime pie named the nations best pie by the american pie counsel. Even though they generate 1. 4 million in sales, they have yet to turn a profit. We really are a victim of our own success righ
More work to be done. Good evening. Thank you for joining us. Im ama daetz. Im dan ashley. Governor newsom says stage two could begin friday but its still unclear whether bay area counties will decide to take things slower. Abc 7 News Reporter liz kreutz is live with the latest on the restart plan. Liz . Reporter thats right. Were waiting to get more guidance from bay area counties to see if theyll decide to move forward with phase two this week. Some of you really want to. Others saying its too soon. Work is being done across the state to make sure when businesses can reopen, they are ready. As california prepares to enter phase two later this week, questions still about whether bay area counties will choose to be part of it. On midday live today, london breed said friday may be too soon for businesses in the city to reopen. It doesnt mean that we cant, you know, provide permission. Again, this is going to come from our county health officer. So were not going to just make this decisi