Hints and tips:
...Gleacher Shacklock, a boutique investment bank, has appointed Anthony Hartley as a partner to build out its healthcare business. He was previously at Citigroup....
...“[We’re] basically doing a line-by-line review going through the business and making sure we’re super disciplined about expense,” he told analysts....
...Doing well and doing good need not be a zero-sum proposition....
...David Bell: It will stagnate, probably doing as badly as other advanced countries (USA excepted)....
...US business activity has also already taken a hit, contracting in October for a fourth-straight month as manufacturers and services providers became increasingly downbeat....
...Phil Thornton: The 2009-10 recession and anaemic recovery probably give the best road map. The downturn has not been as severe but the recovery will be as lacklustre....
...We know that they’re committed to doing this,” the official said....
...There are variations due to level of development, because if you go to northern Europe and the US, in particular, a lot of the jobs are business services. They can be done remotely....
...Since then, the costs of doing business during Covid-19 have throttled growth and profits, with billions spent on keeping Amazon’s reputation for fast delivery intact....
...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...Shulevitz, Washington, DC...
...The group only saw revenue and operating profit increase in its service and healthcare business, although there was an overall improvement in orders and sales between the June and September quarters....
...A boom in household spending drove the recovery as the easing of social-distancing restrictions prompted a 7.9 per cent jump in spending on goods and services in the third quarter — Australia’s largest quarterly...
...Video conferencing was “a forced substitute” to doing business face-to-face, Mr Bastian said, and smaller business owners still needed to travel to find new customers....
...“Something that seemed outside of the mainstream has become one of the first actions that will have transformative impact on people’s lives,” says Mary Kay Henry, president of the Service Employees International...
...Selling a business is not seen as a failure, but just as part of what they do.”...
...No official administration rep should be doing product promotion,” she wrote on Twitter....
...Some of their backers, instead of doing the honourable service Gray describes and providing essential capital to survive, have pointed them in the direction of government bailouts....
...Many of them hope to hang on to the data they are accumulating and, ultimately, to monetise it, particularly in areas such as healthcare....
...As one of the most prestigious and well-funded medical groups in the nation, Penn Medicine says it is doing everything it can....
...(Washington Post)...
...We’re seeing a sector asymmetry: tech and healthcare are up, while travel, retail and hospitality are down. Also seeing some business models being challenged, including stripping out middlemen....
...Mary Daly, the president of the San Francisco Fed who has called for increased spending on healthcare, infrastructure and education to tackle inequalities, said this week that the US was facing an “inflection...
...Separately, US healthcare technology provider MultiPlan is to go public in an $11bn merger....
...This is “a pressure test moment” for employers of gig economy workers, said Marcela Sapone, co-founder of Hello Alfred, a concierge service that provides apartment building residents with services from cleaning...
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