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...
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 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% ...
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...
Carnival Cruise Lines (CCL) makes plans to resume some of its cruise from August 1 even with the ban placed on it from embarking on such cruise due to coronavirus concerns. In response to the public c...