Mexico president urges firms to pay workers, avoid usury in coronavirus crisis [Reuters]
Constellation Brands, Inc. (STZ)
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Source: Reuters
Mexico president urges firms to pay workers, avoid usury in coronavirus crisis MEXICO CITY, April 1 (Reuters) - Mexico’s president on Wednesday turned up the heat on companies during the coronavirus crisis, saying they should keep paying workers or face public scorn, even as criticism of his economic management grows among business and opposition leaders. President Andres Manuel Lopez Obrador, who has stirred concern among bosses and foreign embassies by allowing major contracts with firms to be called into question, urged executives to act with their “consciences” in paying staff. Speaking at a regular morning news conference, the leftist Lopez Obrador said some leading companies have pledged to hold on to their workforces in the crisis. “And, yes, there are others who are not behaving well,” he told reporters, without naming anyone. “There’s still time to change, because they’ll look bad. What’s the point in spending ... billions of pesos on advertising if during an emergency they a
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- 11/14/24 - Form 144
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