Tags : Coronavirus: Business

Disney (DIS) Q2 2020 earnings

[ad_1] Bob Chapek, chairman of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is set to report its Q2 2020 earnings after the bell on Tuesday. The coronavirus pandemic has disrupted Disney’s theme parks […]Read More

Wayfair (W) earnings Q1 2020

[ad_1] Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Online furniture retailer Wayfair‘s net loss widened in the first quarter as its sales surged nearly 20%, with more people flocking to its website to furnish their home offices and bedrooms during the coronavirus pandemic.  Its shares were down more than 3% in premarket trading following the announcement.  […]Read More

India banks face rising levels of bad debt, loans

[ad_1] Branches of State Bank Of India, Syndicate Bank and Canara Bank in New Delhi, India. Pradeep Gaur | Mint | Getty Images India’s economic recovery from the coronavirus crisis could be delayed if banks stop lending to borrowers with low credit scores, or charge them a much higher interest on loans. The financial sector […]Read More

Carnival Cruise Line says it will sail again Aug. 1

[ad_1] Carnival Cruise Line announced plans Monday to resume service beginning Aug. 1, despite concerns from the Centers for Disease Control and Prevention that cruise ship travel “exacerbates the global spread of Covid-19.” Carnival Cruise Line, which is owned by Carnival Corp., said it advised travel agents on Monday that eight of its ships will […]Read More

Coronavirus has upended another Warren Buffett bet on airlines

[ad_1] Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., speaks during the virtual Berkshire Hathaway annual shareholders meeting seen on a laptop computer in Arlington, Virginia, U.S., on Saturday, May 2, 2020. Bloomberg A 95% plunge in passengers. Billions in losses. A rush for new debt. A recovery that executives expect to […]Read More

Kudlow says might need third round of PPP small business

[ad_1] Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media at the White House in Washington, D.C., U.S., on Monday, April 6, 2020. Stefani Reynolds | Bloomberg | Getty Images National Economic Council Director Larry Kudlow on Sunday said the White House has made no decision on providing further […]Read More

7 ways the pandemic is going to change the way

[ad_1] A shopper wearing a protective mask returns exits a retail store in Cleveland, Mississippi, U.S., on Thursday, April 30, 2020. Some retail stores began reopening at half-capacity in Mississippi after the stay-at-home order expired on April 27. Rory Doyle | Bloomberg | Getty Images We’ve been socially distancing for weeks now, riding out the […]Read More

Clorox boosts ad spend $50 million as demand surges amid

[ad_1] Clorox will boost marketing spending by tens of millions of dollars in efforts to meet high demand for disinfectant and other household products amid a coronavirus pandemic, CEO Bonner Dorer told CNBC’s Jim Cramer Friday. “I hear a lot about companies investing less in their brands these days,” he said in a “Mad Money” interview. “The […]Read More

Smartphone shipments suffer worst annual Q1 decline, IDC says

[ad_1] A technician picks up a component during the assembly of smartphones on the production line inside the Intex Technologies India Ltd. plant in Noida, Uttar Pradesh, India. Udit Kulshrestha | Bloomberg | Getty Images Global smartphone shipments in the first three months of the year suffered its largest annual decline ever, as the disruption […]Read More