It’s been a while since we took a look at Baker Hughes (BKR). Too long actually, but time may help to provide perspective on our core interest, are they investible at this point in time?
Baker, a leading producer of energy related good and services, reported a dismal Q2 and guided down any investors expectations for the immediate future. As the share price indicates, any recovery in OFS remains a story for a few quarters down the road. Farther than the eye can see actually. A story that’s been largely true for several years now.
There were a few bright spots and instead of a recap of lousy revenue and profit numbers, and the expectation of more of the same, we will focus on the bright spots in this article.
There is also the dividend currently yielding ~5.5%. We’ll touch on its relative safety as we wrap up.
Transport Workers Union (TWU) has hit out at Amazon, accusing the global e-commerce giant of underpaying Amazon Flex drivers.
Amazon Flex was launched in Australia at the start of the year. At the time, Amazon Australia boasted it would give individuals the chance to earn money while delivering Amazon packages to customers.
Much like Uber, individuals are required to use their own vehicles, and at a minimum, are required to have personal car insurance and compulsory third-party personal injury.
When these compulsory insurance requirements are met, Amazon also provides delivery partners with Amazon Insurance Coverage at no additional cost, which includes auto liability coverage, third-party property damage, and contingent comprehensive coverage. But the coverage is only applicable when individuals are using Amazon Flex to deliver packages or return undelivered packages back to a designated location.
While it is unclear how much individual contractors earn or whether Amazon will take a
Ride-hailing giant Uber Technologies Inc. outlined ways staff can support a state measure that would designate drivers as contractors rather than full-time employees, seeking additional backing for a controversial initiative that labor unions and at least one in-house engineer have publicly opposed.
In a companywide email Friday obtained by Bloomberg, Uber’s head of global public policy Justin Kintz said data “show a tight race” to pass California’s Proposition 22, a measure written and funded by Uber, Lyft Inc. and other gig companies that would replace an earlier law designed to treat drivers as employees. Kintz’s email, which includes links to talking points from the Yes on 22 campaign, also suggests ways employees can get involved, including joining a texting bank, and links to a sample email staffers can send to family and friends. Uber will have a special Town Hall-type meeting Oct.
Dashboard cameras are used to enhance safety, document accidents for liability and insurance purposes, and capture evidence of damage to your vehicle. The Nextbase 622GW Dash Cam is available now for $399.99 from Best Buy.
I’ve had a sample mounted in my car for the past month and while I thankfully didn’t experience an accident to document, I did get a chance to test out the video performance and user interface. The Nextbase 622GW is easy to use and connects seamlessly to a smartphone for control and management of the camera.
Also: On the road with the Garmin Dash Cam Mini and 66W: Clear video, driver assist, and smartphone control
In addition to the camera, the Nextbase 622GW Dash Camretail package includes the click-and-go camera mount, power cable, USB cable, suction mount, power cable fitting tool, and quick start guide. Nextbase also sent along a 64GB
A Florida State University researcher is part of a team that has found varying projections on global warming trends put forth by climate change scientists can be explained by differing models’ predictions regarding ice loss and atmospheric water vapor.
The work will help climate scientists reconcile various models to improve their accuracy, said Florida State University Meteorology Professor Ming Cai, one of the authors of the study published in Nature Communications .
Climate scientists agree that the Earth’s surface temperature is warming, but the details of exactly where and by how much are less clear. A worst-case climate change scenario (known as the “Representative Concentration Pathway 8.5”) predicted a likely increase in average global temperatures of about 2.6 degrees Celsius to 4.8 degrees Celsius (or about 4.7 degrees Fahrenheit to 8.6 degrees Fahrenheit) by 2100.
“This uncertainty limits our ability to foresee the severity of the global warming impacts on
As Uber has poured tens of millions of dollars into a California ballot measure to avoid classifying its drivers as employees, one engineer from inside the ride-hailing company spoke out against this campaign on Tuesday. In an op-ed published by TechCrunch, Kurt Nelson said Uber doesn’t have drivers’ interests in mind.
Drivers are More Likely to Wear a Mask Than Drive Without Using a Cell Phone, According to Survey From National Safety Council and TRUCE Software
ITASCA, Ill., Oct. 6, 2020
During the 10th anniversary of Distracted Driving Awareness Month, NSC and TRUCE find far too many risky behaviors – and an unwillingness to let them go
ITASCA, Ill., Oct. 6, 2020 /PRNewswire/ — According to a survey released today by the National Safety Council and TRUCE Software, drivers remain persistently unable to disconnect behind the wheel, even 10 years after Distracted Driving Awareness Month brought increased attention to a persistent roadway killer, and nearly all states have some form of legislation prohibiting certain types of distractions.
LOS ANGELES (AP) — Californians are being asked to decide if Uber, Lyft and other app-based drivers should remain independent contractors or be eligible for the benefits that come with being company employees.
The battle between the powerhouses of the so-called gig economy and labor unions including the International Brotherhood of Teamsters could become the most expensive ballot measure in state history. Voters are weighing whether to create an exemption to a new state law aimed at providing wage and benefit protections to drivers.
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