For those of you with small businesses, get in line for the SBA loans authorized by the new law. It's one of the best deals I've seen.
Compared to other venues not located on the banks of the Potomac, it's not hurting, it just happens to be in DC. The Fox in Atlanta, Alabama Theatre, Blumenthal in Charlotte, The Strand/Atlanta Lyric in Marietta, etc. I could go on. Any place that lives hand to mouth with live performances is in a world of hurt right now. Between Bham and Atlanta, I hope we don't lose any of the excellent live music and performing arts venues. I have season tickets to the Fox, and they started by postponing some of the broadway shows, but they've reverted to cancelling them. Huge revenue losses.
RTR,
Tim
For those of you with small businesses, get in line for the SBA loans authorized by the new law. It's one of the best deals I've seen.
I'm of the opinion at the moment the Kennedy Center should be getting zero dollars. Why do they need $25 million...
I was told there are some that will qualify for the loans to even be "forgiven?"
Im not even gonna pretend to know what Kennedy Center is (or really care), I was just quoting the man himself.
If that's the case, if the government forces someone to pay union dues and be represented by a union, and that union strikes against a company, the government should be on the hook for those lost wages, too. We could go down the rabbit hole of cause and effect, chain of events, all of the chaos makes perfect sense...
Very few living Americans have lived through a national crisis that required true sacrifice by the general population. Since the last time our nation has had to do so, there are many in uniformed and clandestine service who have voluntarily made the sacrifices, standing in the breach to prevent the nation from having to do so. I'm grateful for their, and your, service. It's time for the rest of us to suck it up. It's embarrassing to hear people complain about being inconvenienced for a few months while there are so many who have given lifetimes - or lives - giving their all of their own free will.
RTR,
Tim
The stock market drives companies too much now. The whole thing of tying executive compensation to stock has ensured they only care about the stock price. I saw it when I worked for AT&T in the 90's. Every stock price drop or stagnation caused a round of layoffs that drove the price back up. I would bet you will see companies paying dividends right now while cutting hours/employees.
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This true?
I think they hang onto that cash instead of dividending.
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This true?
I know of a few that have explicitly told employees they are paying dividends for the foreseeable future while cutting hours and such.
Boeing has suspended their dividend.
They are up 89% since Monday. Dividend isn't important