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Hotels are still struggling to fill rooms like they were before an avalanche of cancellations starting in March.Now, travelers are slowly returning to train stations, airports, and hotels.“This is something that none of us were expecting or were prepared for,” said Daniel del Olmo, the President and COO of Sage Hotel Management, a Sage Hospitality Group company. Sage Hospitality Group manages 52 hotels across the U.S.“We went from basically a level of revenue of million on a daily basis to effectively ,000 per day in early May,” del Olmo said.“The economic impact has been something that no one could have ever prepared for, you could not have prepared for it financially, you could not have even prepared for it psychologically or emotionally,” said Chip Rogers, President of the American Hotel & Lodging Association. “2020 will go down on record of having the lowest occupancy in the history of the hotel industry and that includes during the Great Depression.”The association represented the entire industry from large brands to small hotels.For smaller companies, the impact of COVID-19 is especially difficult on their bottom line. “Well over 60% of all hotels are actually classified as small businesses by the Small Business Association,” Rogers said.“In the third week of March, we found ourselves having to furlough over 90% of our staff,” del Olmo said.“With no further assistance, about two thirds of hotels say they cannot make it another six months,” Rogers said. Del Olmo said they haven’t reached that point.“We have not had to permanently close, thankfully, any of our properties,” he said. But others have. Fewer visitors means less money and less work.“We’re right at almost 2 million jobs lost in the hotel industry,” Rogers said.Del Olmo said Sage Hospitality had to furlough 5,000 employees, then eventually lay off 4,000. “What keeps us up at night,” Del Olmo said, “is how we bring our associates back to work.”In the meantime, the group is providing help for former employees. “We initially established a Sage Associate Relief Fund, which allowed us to basically provide pantry items to our associates in need,” he said.While employees still on the job were given more tasks to help fill the gap. “Everybody basically on the teams is doing multiple jobs that, in the past, they might have never done before. We have general managers that on a daily basis strip beds and run the parking,” Del Olmo explained.As hotels continue to balance health, safety and running a business, they are getting creative with ways to bring in revenue, such as hosting micro weddings and hallways concerts with musicians.“Basically roaming the halls. You basically could be listening from the comfort and safety of the entry from your room,” Del Olmo said.Even with the creative new solutions, Rogers said without aid or an uptick in travel, some hotels may suffer.“We may be a much smaller industry in the next couple of years but we will adapt,” Rogers said. 2988

General Electric is under such financial stress that new CEO Larry Culp is slashing the troubled conglomerate's 119-year-old dividend to just a penny a share.GE revealed on Tuesday worse-than-expected results and a billion accounting writedown for its beleaguered power division. Culp plans to split up the power division to accelerate a turnaround.The company also announced that the SEC and Justice Department are investigating the charge, which reflects the deterioration of businesses GE has acquired. The news adds to GE's mounting legal problems and helped send the stock to a nine-year low in volatile trading.In a bid to fix GE's debt-riddled balance sheet, Culp announced the company will cut its quarterly dividend from 12 cents a share starting in 2019. By paying just a token dividend, GE (GE) will save about .9 billion of cash per year.Analysts had been anticipating a potential dividend cut, though not one of this magnitude.It's an especially painful move for a company that long viewed its stable dividend as a source of pride. But years of bad decisions forced GE to halve its dividend last November for just the second time since the Great Depression. The dividend cuts deal a blow to the many GE retirees and mom-and-pop shareholders who long relied on the cherished payouts."We are on the right path to create a more focused portfolio and strengthen our balance sheet," Culp said in a statement.Culp, who was suddenly named CEO on October 1, acknowledged during a conference call "this is not a quarter that we're particularly proud of." 1572

From New York City to Fargo, North Dakota, cities across the United States say they are issuing curfews to keep the peace.A curfew allows police the ability without any other reason to threaten to arrest or detain crowds of protesters that linger or groups that appear to be a danger to order.These curfews can be a deterrent to get law-abiding citizens to head home and allow law enforcement to focus their efforts on the unrest, not getting bogged down with simple violations.But the deadlines aren’t hard and fast — many of them have exceptions for people heading to and from work, reporters, public transportation and even people buying groceries.Many protesters have routinely disregarded the curfews, and some police departments have actually allowed peaceful demonstrations to continue even after curfew while focusing their attention on violent unrest.Curfews like these are commonly used in natural disasters like hurricanes, floods and tornadoes to allow police to stop anyone on the streets and prevent stealing or looting.Some civil rights organizations think hastily issued curfews are unfair and against the First Amendment. The American Civil Liberties Union of Northern California argued that curfews give police too much discretion over whom to arrest, The Associated Press reports. 1307

Here's what's making headlines in the political world Saturday, May 5, 2018.NYT: Trump knew about Stormy Daniels payment before denial-- President Trump knew about a 0,000 payment to adult film actress Stephanie Clifford, whose stage name is Stormy Daniels, before denying any knowledge of the payment last month, according to a New York Times report.Michael Cohen, the president's personal lawyer, made the payment in October 2016 just before the president won the 2016 election. President Trump has denied knowing anything about the payment to keep the alleged affair between him and Clifford under wraps.Last month, while aboard Air Force One, President Trump told reporters he knew nothing about the payment. This week, however, new Trump team lawyer Rudy Giuliani said the president had reimbursed Cohen for the payment.The president has continued to deny knowledge of the payment.Read more.Trump reassures NRA: "We will protect your Second Amendment"-- President Trump reassured a packed house at an annual meeting of National Rifle Association members, "your Second Amendment rights are under siege, but they will never ever be under siege as long as I am your president."Just returned home to the beautiful White House, from Dallas, where the Arena was packed to the rafters with the great fans and supporters of the @NRA. It was so wonderful to be there!— Donald J. Trump (@realDonaldTrump) May 5, 2018 1442

Henry Gonzales isn’t afraid to get his hands dirty or clean up his community.He started working on farm fields at 13 and saw firsthand the struggles of migrant farmworkers.“I remember the terror on the face of coworkers back then when immigration would drive, stop by,” he said.Gonzales has since worked his way from farmhand to Agricultural Commissioner of Monterey County the fourth largest agricultural producing county in the country.Producing .4 billion worth of produce in 2019, Gonzales is now looking to protect the area’s products and the 60,000-plus agricultural industry workers.“It’s critically important not just for them but for everybody that eats that produce,” he said.Gonzales’ team recently introduced a hotline for farmworkers and their families to report safety concerns, ranging from COVID-19 to smoke from the nearby wildfires.Staffed by agricultural inspector biologists 24/7, 365 days a year, Gonzales calls this hotline the first of its kind in the country and industry leaders are taking notice.“It causes a lot more appreciation for those hands that are harvesting our crops,” said Norm Groot, executive director of the Monterey County Farm Bureau.He believes this hotline can help improve working conditions and the agricultural industry overall.With Hispanics and Latinos, ethnic groups that make up most farmworkers in the area, accounting for more than 75% of the confirmed COVID-19 cases in Monterey Country, this hotline comes at a time where it’s needed more than ever.“I think it’s critical that we have some sort of avenue that farmworkers can feel that they have a voice,” Groot said.The funding for this hotline comes from the county’s pesticide budget.While callers can remain anonymous, Gonzales understands the hesitations.“Many of them are concerned if they call, they complain that there might be retaliatory measures taken against them,” he said. “So, we do reassure them that there are laws to protect them from retaliation.”From farmhand to government leader, Gonzales has worked his way up in the agricultural industry and hopes this hotline inspires others to take similar actions.“We’ve just increased the standard as it were for everyone in the state, other ag commissioners and other agencies to do the same,” he said.To contact the hotline, call 831-809-2394. 2324

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