Biggest annual drop in dollar terms. Industry group api will release its data today. And in global news petro bass could be declared in technical default on some of its foreign debt. Some bondholders want petro bass to speed up its losses in that giant corruption scandal. So a lot going on this morning. Mr. Kernen. It was down yesterday. In the second place. Here it is. In Corporate News the shares of civio today. The small Market Cap Company about to get smaller. The Oil Field Services provider warning the First Quarter and full year revenue numbers will fall well below analyst estimates. The company suspending its dividend and announcing plans to cut its workforce by 45 in the United States and 30 in canada. The ceo blames big cuts in Capital Spending by major oil companies. The first time weve ever led with it, but thats why. Because we are going to be watching. It doesnt matter the size at this point. Well be watching it for any of the ripple effects from whats happened. The crude
/ Courtesy Bank of America Bank of America offices at Legacy Union are empty for now but for how much longer?
If you’ve been thrust into working from home for the last year-plus, your routine of Zoom calls, walking the dog at lunch and avoiding seeing your boss in person are likely to be coming to an end.
With more people being vaccinated and life returning to a semblance of normal, many employers around Charlotte are quietly laying the groundwork to try to make their workplaces more like normal, too.
It’s a tricky time for companies, as they work to assess changing government rules, shifting health guidance and drastically different employee expectations while trying to run their businesses efficiently.