– FedEx will take a $370 million non-cash impairment charge for the current quarter, mostly related to assets from its 2004 acquisition of Kinko's. FedEx said it was taking the charge due to "declining print revenue and temporary store closures." – CEO Elon Musk said the automaker had set Sept. 15 as the new tentative date for its annual meeting, as well as its "Battery Day" event.
Both had been previously scheduled to take place July 7, but were postponed due to the coronavirus pandemic. – China suspended imports of chicken from the Tyson plant in Springdale, Arkansas, saying it was taking the action because of coronavirus infections among plant workers. Tyson said it was looking into the matter, but added that it is confident its products are safe and that it was hopeful the matter could be resolved.
Not worth the risk with richardbranson. His airline is tanking, and he is using his private island in the sun as collateral to secure operating cash. Seems he’s getting no UK bailout because he never paid his taxes. Funny how off shore accounts can bite you in the a**.
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Must be some politically connected cronies connected to Virgin Galactic.
🤣😂🤣
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