A Florida toy importer braces for retail upheaval


(Reuters) – Most U.S. states have begun to reopen their economies, but Jay Foreman, chief executive of Basic Fun, said he’s more worried than ever.

FILE PHOTO: Basic Fun CEO Jay Foreman and Care Bears costume characters stand in front of the company’s showroom at Toy Fair New York in New York City, U.S. on February 24, 2020. Ashley Mady/Basic Fun/Handout via REUTERS/File Photo

The Boca Raton, Florida importer sells toys to retailers like Walmart Inc (WMT.N), Target Corp (TGT.N), Amazon.com Inc (AMZN.O), TJX Cos Inc (TJX.N) and J.C. Penney Co Inc

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‘This could be the one that gets me,’ says oilfield service veteran


(Reuters) – Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co (HAL.N) for the fifth time in 15 years when his career came to a halt.

FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant

A third-generation employee, Harris rose through the ranks at the top shale-oil services provider to oversee oilfield crews. He sailed through several busts, with the exception of a 9-month break in 2016.

But April’s historic price crash, which has left

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LATAM becomes largest airline to file for bankruptcy amid coronavirus


(Reuters) – LATAM Airlines Group SA (LTM.SN) filed for U.S. bankruptcy protection on Tuesday, becoming the largest carrier to seek an emergency reorganization amid the coronavirus crisis.

FILE PHOTO: The logo of LATAM Airlines is pictured on an Airbus plane in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau

Latin America’s largest airline follows rival Avianca Holdings AVT_p.CN of Colombia in seeking U.S. bankruptcy protection.

But unlike Avianca, Chile’s LATAM posted profits for four consecutive years totaling more than $700 million. It had recently approved a dividend payment.

LATAM laid off 1,800 employees out of over 40,000

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Exclusive: Coronavirus spreads in Brazil’s oilfields, as five offshore operators register cases


RIO DE JANEIRO (Reuters) – Norway’s Equinor ASA (EQNR.OL) and Anglo-French firm Perenco are among at least five oil producers that have registered coronavirus cases among employees or contractors at facilities off the coast of Brazil, according to industry and regulatory sources.

FILE PHOTO: A worker walks inside the Brazil’s Petrobras P-66 oil rig in the offshore Santos Basin in Rio de Janeiro, Brazil September 5, 2018. REUTERS/Pilar Olivares

Royal Dutch Shell PLC (RDSa.L) and Brazil’s Enauta Participacoes SA ENAT3.SA have registered one case each, and hundreds of cases have been recorded at oilfields operated by

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