Due to shortages of meat, Wendy’s (WEN) has been forced to take burgers off the menu in some restaurants, due to the coronavirus pandemic. This decision was a ‘hard pill’ for Wendy’s to swallo...
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...
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...
Earlier last month, Investingport reported that Warren Buffett’s investment company Berkshire Hathaway sold it’s airline stocks down to below 10 percent in what seems like a preparation to exit al...
The airline industry is one of the most hit industries in the coronavirus pandemic. As a result of the pandemic and lockdowns spread across the world, many airline companies had to forcefully shut dow...
The federal government made a promise to bail out the airline companies following the coronavirus financial damages. It took a while for both sides to agree on term but the money is finally available ...
A mutual fund is an open-end investment fund that has the responsibility of pooling money together from many investors to purchase a security or securities. It can also be said to be a collection of s...
Key PointsETFs encompasses multiple investment vehicles such as stocks, bonds, commodities or a combination of all in a single basketIt offers both the trading benefits of stocks and diversification b...