Car rental companies in the U.S. have been impacted by the novel coronavirus outbreak, with most residents remaining at home and reducing their travels following lockdown orders in various states.
Among the largest car rental companies affected by the pandemic is Hertz, which last week filed for bankruptcy in the U.S . Much of the company's revenue was reported to be from car rentals at airports, where passenger traffic has plummeted following the outbreak, according to the latest report from the Transport Security Administration.
In case you are keeping track:
Facebook confirms advertisers will not be required to use Campaign Budget Optimization (CBO)
Facebook has confirmed it will no longer require advertisers to transition ad campaigns to the Campaign Budget Optimization (CBO) system, an automated process designed to optimize budgets at the campaign-level. The company sent the following statement to Search Engine Land in April:
To provide advertisers with flexibility and choice in their buying strategies, we have decided not to pursue a mandatory migration for Campaign Budget Optimization.
Facebook also confirmed the news with Search Engine Journal, saying CBO had been, "scrapped for the time being."
Gov. Whitmer Discusses Impact of Coronavirus Fight on State Budget - 9 & 10 News
The state has spent hundreds of millions of dollars on the coronavirus response and paid out billions in unemployment.
The state’s budget director said the state hasn’t seen a financial challenge like this since the great recession.
Michigan will face budget challenge in the coming months, the governor reiterated Thursday she wants to avoid cuts if possible, especially in areas like education.
“We know that if we have to sustain cuts because the federal government doesn’t help us, that they are going to hit critical areas that maybe you’re even more important in a pandemic like public safety, public health,” said Whitmer.
PTG halves investment budget to B2.5bn for 2020
SET-listed PTG Energy Plc (PTG), the owner of the PT petrol station brand, has halved the amount of capital spending (investment budget) this year to 2.5 billion baht from a previous blueprint set at 5 billion baht at the end of last year.
PTG president Pitak Ratchakitprakarn said the biggest cuts come in plans to expand fuel facility pumps and inventories, reducing the budget from 3.9 billion baht to 2 billion baht.
* * *
Mr Pitak said PTG will continue plans to increase the number of petrol stations to 2,500 nationwide by the end of 2022, up from 2,057 at present.
Check out this next:
WB Area passes budget with no tax increase, sets times for virtual graduation videos | Times
WILKES-BARRE — The Wilkes-Barre Area School Board passed a proposed final budget with no tax increase Thursday night.
The meeting also revealed a new YouTube channel with videos of recent awards ceremonies, a “substantial leak” at the Kistler elementary pool, a $250,000 increase in payments to the Luzerne Intermediate Unit for special education services, and a 2020-21 calendar starting classes Sept. 10 and ending June 11.
And Superintendent Brian Costello announced plans for online airing of virtual commencement ceremonies next week.
Council Post: How To Start Marketing Your Startup Or Small Business
Entrepreneurs spend a lot of time and effort building their products and services. They can start to attract a small customer base organically, but marketing can really help them scale.
Having helped a number of companies start their marketing department, here are some tips I often share:
* * *
In addition, a thorough review of the competition can help you determine points of difference and weaknesses you can address in advance. It's also necessary to take a deep dive on customers, including an examination of different segments and their relative value to you, identifying needs and pain points and mapping the customer buying process in depth. This will help inform a lot of decisions in your marketing plan.
California, budget, Aldi, pandemic, Aera Energy, Facebook: Thurs news
But first , let's journey to 1970 San Francisco to hear the story of how the Grateful Dead came to release " Workingman's Dead" and "American Beauty ."
In Calfornia brings you top news from across the USA TODAY Network and beyond. Sign up for free delivery right to your inbox.
Gov. Gavin Newsom's 2020-21 updated budget proposal sought to make up $54.3 billion in coronavirus-fueled economic losses by cutting billions in public education and health care spending.
Delaware's budget woes could suspend some pay raises
Delaware's state finances next year appear less woeful than believed last month, but cuts to Gov. John Carney's budget proposal will likely include a pause to automatic pay increases that certain state employees enjoy, said Sen. Harris McDowell, chair of Delaware's powerful Joint Finance Committee.
Asked about other spending priorities, the Wilmington Democrat, who has served in various legislative leadership roles since the 1980s, said he expects the state's distributions to nonprofit companies to be preserved at last year's levels. The grant-in-aid program, regularly a budgetary battleground, annually funds the operations of organizations in the state.
Happening on Twitter
Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost $2 billion loss after the car rental gi… https://t.co/A6aMbd0k0M businessinsider (from New York, NY) Thu May 28 08:49:39 +0000 2020
Rental cars may be about to flood the used car market as companies like Hertz go bankrupt. Here's why they're a gre… https://t.co/gwXkX0Gver businessinsider (from New York, NY) Thu May 28 19:43:54 +0000 2020
How to get budget used vehicles from Hertz, Enterprise, Avis and other car rental companies https://t.co/9coEOnnyZ5 Newsweek (from New York, NY) Thu May 28 16:15:11 +0000 2020
Car rental giant Hertz paid over $16M in bonuses to executives just days before it filed for bankruptcy https://t.co/urFEFR35KV DailyMail (from New York) Wed May 27 15:56:03 +0000 2020
No comments:
Post a Comment