Multiple news outlets reported on Tuesday that Uber Technologies (UBER) has made a move towards acquiring GrubHub Inc (GRUB), an online food delivery company. Final conclusions are yet to be made as t...
In April, some US governors declared their plans to reopen their states amid the coronavirus pandemic. These states include Connecticut, Delaware, Massachusetts, New Jersey, Pennsylvania, and Rhode Is...
With the coronavirus pandemic ravaging all nations of the world, and global economies falling, the United States has taken different measures to ensure that both the economy and citizens are well cate...
While a few gig and service workers do not consider working from home as so much of a big deal, organizational workers are still getting a hang of this new work lifestyle.Many big companies that need ...
The impact of the coronavirus pandemic on businesses differs as not every company has been badly hit. Amid the coronavirus pandemic, certain companies have stood out in their industries and they coul...
Revenue: $524.6 millionEarnings per share: A loss of 20 centsPeloton (PTON) reported a 66% increase in its sales from a year ago to $524.6 million. The company is one of the beneficiaries of the Covid...
Revenue: $955.7 millionLoss per share: $1.31Active riders: 21.2 millionRevenue per active rider: $45.06While other cab-hailing service providers are reporting low sales in the last quarter, Lyft has r...
The S&P 500 is a collection of the large 500 companies by market capitalization in the US. On Wednesday, the S&P 500 announced that it was including Domino’s Pizza (DPZ)on the list. These 50...
The Walt Disney Company (DIS) has also experienced its fair share of the coronavirus impact, with the closing of its theme parks and furloughing of its park workers in April to save money. Closing its...
United Technologies and Raytheon have finally completed their merger – announcing the successful completion on April 3. 2020. This new merger followed the completion of its Carrier and Otis spinoffs...