Google employees won't be able to expense food or gym costs while working from home — even if they have extra money from unused event or travel budgets.
The clarification comes as some employees, who enjoyed a plethora of perks as one of their draws to the company, hoped they would be able to maintain some of these perks after they were ordered to work from home due to the Covid-19 pandemic.
It also comes as executives tighten budgets ahead of what they characterized as a "difficult" Q2. CNBC previously reported that Google is cutting marketing budgets by as much as half, enacting hiring freezes on various parts across the company and pulling back on skills training resources for many of its workers.
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Occidental Petroleum Posts $2.2 Billion Loss in First Quarter, Cuts Budget Again - Oil & Gas
H OUSTON (Reuters) - Occidental Petroleum Corp on Tuesday swung to a first quarter loss on writedowns and charges, and the troubled U.S. oil producer cut its budget for the third time since March in response to a historic oil-price crash.
The company has been struggling with debt taken on in last year’s $38 billion acquisition of Anadarko Petroleum, an ill-timed bet on rising shale oil prices ahead of a market dive.
Global energy demand has tumbled amid coronavirus-related travel and business restrictions and a glut of oil from a price war. U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.
Brocton approves village budget | News, Sports, Jobs - Observer Today
The Brocton Arch is lit up with blue lights to honor first responders in the COVID-19 crisis. OBSERVER Photo by Natasha Matteliano.
BROCTON — The village’s Board of Trustees passed a 2020-21 budget over the Internet April 15, using the Zoom video calling application to respect social distancing.
The $2,540,226 budget includes $722,912 for the general fund, $463,918 for the water fund, $466,051 for sewers and $887,345 for the electric service. $239,957 of fund balance will be used, and $2,045,569 is expected to be raised in revenue, leaving $254,700 to be raised by taxes.
Tourmaline Announces Strong Q1 2020 Results, Reduces 2020 Budget to Maintenance Capital,
CALGARY , May 6, 2020 /CNW/ - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to release financial and operating results for the first quarter of 2020 and provide updates regarding 2020 budget and dividend.
* * *
"Cash flow" is defined as cash provided by operations before changes in non-cash operating working capital. See "Non-GAAP Financial Measures" in this news release and in the Company's Q1 2020 Management's Discussion and Analysis.
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5 Steps to Build Construction Projects On Time and Under Budget | For Construction Pros
You can get your construction projects completed on-time and under budget without punch-lists or call-backs by following these simple proven systems from construction business coach George Hedley
Most owners of small to midsize construction companies are too busy working, micro-managing, ordering materials, scheduling crews, and worrying about equipment to delegate accomplishing results to their foreman or superintendents. By staying in-charge of making most decisions, their companies are stuck at the level of what the owner can do, and therefore can't grow or make more money.
Marathon Oil swings to loss, cuts spending budget - MarketWatch
Marathon Oil Corp. swung to a first-quarter loss amid the oil rout and economic upheaval tied to the coronavirus pandemic. Here's what you need to know:
LOSS: The company swung to a first-quarter loss of $46 million, or 6 cents a share, from a profit of $174 million, or 21 cents a share, a year earlier. On an adjusted basis, the loss was 16 cents a share. Analysts surveyed by FactSet expected a loss of 14 cents a share, or 16 cents as adjusted.
REVENUE: Total revenue edged up to $1.23 billion from $1.2 billion a year earlier. Analysts had expected $1.04 billion.
Why do so many Pentagon projects go so far over budget? The Jetsons explain.
Lambert budget set, but revenue still up in the air | Political Fix | stltoday.com
A passenger walks through the mostly deserted C concourse of Terminal 1 at St. Louis Lambert International Airport as seen on Thursday, April 30, 2020. Photo by David Carson, dcarson@post-dispatch.com
St. Louis Lambert International Airport commissioners approved a rough budget Wednesday, projecting a $17 million loss in revenue from a near-total loss of travelers amid the spread of the coronavirus. But the real cost is unknown.
Airlines operating at the airport don't know how much traffic they will have in coming months, said Lambert Director Rhonda Hamm-Niebruegge. And they won't know until July, at the earliest.
Happening on Twitter
Google tells employees they can't expense food or other perks when working from home https://t.co/1fBPnRcToj CNBC (from Englewood Cliffs, NJ) Wed May 06 20:20:48 +0000 2020
where is my tiny violin? https://t.co/5K50GMuvWD oliviasolon (from San Francisco via London) Wed May 06 20:40:35 +0000 2020
Scoop: The Trump administration for weeks has been quietly organizing an effort aimed at drastically cutting the ti… https://t.co/THWDaoX8Mm JenniferJJacobs (from Washington, DC) Wed Apr 29 18:35:07 +0000 2020
Meanwhile @HouseGOP @SenateGOP sit idly by as @realDonaldTrump sacks another IG because he doesn't want anyone that… https://t.co/QyG95CDk1I RepBeatty (from Ohio's Third District) Sat May 02 12:53:19 +0000 2020
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