3000 jobs will be cut under bains new ownership. Bain capital ownership, which in addition to these details relating to jobs, we are also expecting to hear about aircraft fleet and the future as well, this after bain bought Virgin Australia in what is a pretty bold that on an industry that has been shattered by the travel restrictions and the coronavirus pandemic. Virgin australia committed to regional and charter flying. Of targetsindication and priorities when they are restructured in addition to 3000 jobs being cut. Also getting data out of australia. Manufacturing pmi, services as well as composite index coming through. Dropping from that preliminary number for july. The composite number of 67. 8 also a little bit weaker. The performance of Construction Index coming in at 42. 7, higher than 39. 5. Lets take a look at the aussie dollar. Largely to do with the situation in victoria. We have that renewed lockdown, stricter stage four restrictions. At this time, later on today and tomo
Hit florida moves elderly into covert 99 solutions and as. China vacates it shuttered culture that in houston was after ordering the us to close its mission changed due. To. The 1st friday prayers of istanbuls sophia after its controversial change of status from museum to mosque. So then the top u. S. Health agency has issued guidelines calling for the full reopening of schools in september even as Coronavirus Infection spike in large parts of the country the centers for Disease Control insist it is safe for children to return to classes its unlikely they say that they will contract or transmit the virus now states and local governments are under growing pressure from the white house to reopen schools with President Donald Trump threatening to withhold federal funds from districts that the White House Press secretary reiterated that call. It is our firm belief that the that our schools are essential places of business if you will that our teachers are essential personnel you all here a
Supplies, and work orders of other city services, such as department of Human Resources, Controllers Office services, and rent. We have six f. T. E. S with the Directors Office vacant since march of this year, and we have an open grant funded position that youre not seeing in this chart, just vacated last week that were working on filling quickly. We, like all City Departments were instructed to propose a 10 reduction. We proposed initial reductions amounting to 959,000 annually, and this was an across the board proposed reduction of almost 12 to our communitybased grant fees. Realizing the impact of these grant fees to the vulnerable populations and the populations these serve, the Mayors Office asked us to submit some lower alternative reduction scenarios. The Mayors Service accepted our approximately 7 reduction, which would come from the departments genderbased balance intervention program. Understanding that all of our grantees work serves vulnerable and underserved communities, t
Pointing upward the wall street journal is calling the last four months a melt up and thats what it looks like. Dow up by 83 points. S p 500 looking to open 12 points higher. Treasury yields as well. Were at. 572. Theres a mix of what theyre thinking and what the equity markets think, right melissa okay we have a we will work on the audio and hopefully get that a busy week ahead. A twoday fed meeting with a policy announcement. No major change is expected. That will tell you that but investors will watch for clues about what the central bank might do next and then on the corporate front earnings season kicks into overdrive 167 of the s p 500 companies will report. Well hear from 12 dow components and among the names likely to get a lot of attention, apple, amazon, boeing, mcdonalds, 3m, exxon and many others. This is if you like earnings, if youre excited by earnings this is going to be a big week. So far this season we heard from 128 of the s p 500 companies so well more than double t
Meeting to hear racist symbols on our public lands. Under Committee Rule 4f, any l Opening Statements designees. This will allow us to hear from our witnesses sooner and help members keep their schedules. Therefore, i ask unanimous consent and that all other members Opening Statements be made part of the hearing record if they are submitted to the clerk by 5 00 p. M. Today or the close of the hearing, whichever comes first. Hearing no objection, so ordered. Without objection, the chair may declare a recess subject to the call of the chair because there are votes. So we will have to break for that. As described in the notice, statements, documents, or motions must be submitted to the electronic repository at h r see hnrc. Members are responsible for their own microphones. As with our in person meeting, members can be muted by staff only to avoid inadvertent background noise. Anyone present in the hearing room today must wear a mask, covering their mouth and nose. The speaker of the hous