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: $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 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...
The Standards & Poor’s 500 Index, commonly known as S&P 500, is a market capitalization index of the 505 large-cap companies in the US. These companies’ market capitalization makes up 80% ...
Raytheon Technologies (RTN) is an aerospace and defense company that specializes in providing commercial, military, and government customers worldwide with advanced systems and services. The company c...
Revenue: 18.01 billionEarnings per Share (EPS): 60 centsWalt Disney (DIS) has reported a loss of more than 90% in the second quarter, losing over $1 billion. The effect of the coronavirus pandemic is...
Uber Technologies Inc., on Monday, announced the closure of its food delivery service, Uber Eats in markets where it was unpopular. The company’s subsidiary in the Middle East, Careem has also annou...
With cases of the novel coronavirus on the increase in the world, travelers should be careful when it comes to their personal safety.Since the global spread of the coronavirus, the travel industry has...
On Monday, the J.Crew Group joined the bandwagon of companies that have recently filed for bankruptcy due to the coronavirus pandemic. The company has since become the first national US retailer to fi...