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Tag: loss

After Amazon: Labor tries to regroup in wake of Alabama loss

Technology
WASHINGTON -- Despite the strongest public support and the most sympathetic president in years, the American labor movement just suffered a stinging defeat -- again.Amazon warehouse workers in Bessemer, Alabama, overwhelmingly voted against joining the Retail, Wholesale and Department Store Union in much-anticipated election results announced Friday.Amazon and business groups celebrated the decision, saying warehouse workers got a chance to weigh the pros and cons of union membership -- and voted to reject it.But labor activists argue that the lopsided vote shows how unfairly the odds are stacked against union organizing efforts and highlights the need for Congress to reform U.S. labor law. The House last month passed such legislation -- the Protecting the Right to Organize (PRO) A...
BA parent firm demands digital health passes to help reopen skies as it dives to £6.5bn loss

BA parent firm demands digital health passes to help reopen skies as it dives to £6.5bn loss

Business
The parent firm of British Airways has called for the introduction of digital health passes to help reopen the skies while revealing a €7.4bn (£6.5bn) annual loss as a result of coronavirus pandemic disruption.International Airlines Group (IAG) demanded a global approach, with common testing standards, as the travel industry reels from a disastrous 12 months that has largely grounded fleets and led to tens of thousands of job losses. The operating loss revealed by the company, which also includes Iberia and Aer Lingus among its stable of airlines, compares with profits of €2.6bn (£2.2bn) during 2019 - before COVID-19 struck its operations.Live COVID updates from the UK and around the world Much of the bottom line loss was blamed on a pre-tax charge of just over €3bn (£2.6bn) on fuel an...

Not to be sniffed at: Agony of post-COVID-19 loss of smell

Technology
NICE, France -- The doctor slid a miniature camera into the patient’s right nostril, making her whole nose glow red with its bright miniature light.“Tickles a bit, eh?” he asked as he rummaged around her nasal passages, the discomfort causing tears to well in her eyes and roll down her cheeks.The patient, Gabriella Forgione, wasn't complaining. The 25-year-old pharmacy worker was happy to be prodded and poked at the hospital in Nice, in southern France, to advance her increasingly pressing quest to recover her sense of smell. Along with her sense of taste, it suddenly vanished when she fell ill with COVID-19 in November, and neither has returned.Being deprived of the pleasures of food and the scents of things that she loves are proving tough on her body and mind. Shorn of odors both good a...
Tottenham 0-1 Chelsea: Jorginho condemns Spurs to third Premier League loss in a row

Tottenham 0-1 Chelsea: Jorginho condemns Spurs to third Premier League loss in a row

Sports
Thomas Tuchel continued his unbeaten start as Chelsea manager with victory at Tottenham, a result that moved them into the Premier League's top six.Jorginho's first-half penalty, awarded after Eric Dier upended Timo Werner, gave the Blues a win their more progressive approach deserved against a Spurs side devoid of ideas and ambition until it was too late.Tuchel has now enjoyed two wins and a draw, without conceding a goal, since replacing the sacked Frank Lampard, and while the animated German occasionally displayed signs of frustration in his technical area, this was ultimately a satisfying outcome.In contrast, it was a third successive defeat in a dismal sequence for Tottenham and manager Jose Mourinho as they were punished for a desperately negative gameplan which, shorn of main marksm...
Shell tumbles to $19.9bn loss as pandemic hits energy demand

Shell tumbles to $19.9bn loss as pandemic hits energy demand

Business
Shell has reported a $ 19.9bn (£14.4bn) loss for 2020 after an "extraordinary year" in which oil and gas prices have slumped amid the coronavirus pandemic.The energy giant tumbled into the red, compared with a profit of $ 15.3bn (£11.1bn) in 2019, as it took billions of dollars worth of accounting charges against the value of its business. Even stripping these out, profits were 71% lower at $ 4.8bn (£3.5bn).Live COVID updates from the UK and around the world Image: Chief executive Ben van Beurden said Shell had taken tough decisions Last September, the oil giant said it was planning to axe up to 9,000 jobs worldwide in a cost-cutting drive. ...