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 Friday, President Trump announced that the remdesivir, an antiviral treatment developed by Gilead Sciences, had been authorized by the Food and Drug Administration (FDA) as an emergency treatment f...
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 US Congress and President Trump have recently dropped hints for a second stimulus check. Approximately 88.2 million Americans have received their stimulus check which was part of the $2 trillion s...
The whole world is in trying times. With over 90% of businesses shut down, millions of workers have been rendered jobless and thousands furloughed with no certainty of when they would get their jobs b...
A Walmart store located in Aurora, Colorado was forced to shut down after one of its staff, her husband, and a third-party security contractor, died as a result of the coronavirus. In addition, six of...
While other daring investors Michael Burry thinks that investing in stocks in spite of the current market situation is worth the risk, other investors like Charlie Munger are of the opinion now may no...
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...