United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a CNBC report on Monday (April 20). United is the first of the big airlines to discuss quarterly results amid the...
The chief executive officer for Singapore’s ride-hailing unicorn Grab said business is off, but the platform’s diversified services and liquidity will help drive it through the pandemic storm. “We are fortunate to have ample liquidity to tide us through, whether it’s a 12-month recession or...
It has been said that a crisis reveals what people truly value, quickly separating the things that one needs to have from those that one merely wants to have. And, given the state of grocery store shelves for the last month or so due to...
Amazon is suspending its shipping service because it needs those workers for more pressing tasks, according to a report in the Wall Street Journal (WSJ) on Tuesday (April 7). A competitor to UPS and FedEx, Amazon Shipping rolled out in beta in London and Los...
April 13, 2020
It has been said that a crisis reveals what people truly value, quickly separating the things that one needs to have from those that one merely wants to have. And, given the state of grocery store shelves for the last month or so due to the coronavirus pandemic, we feel we can safely say that […]
February 26, 2020
The old adage that a butterfly flaps its wings and causes a hurricane is especially apt in business. After all, ripple effects cascade across firms’ top and bottom lines all...
June 04, 2020
Apple will have to face a judge over accusations that it fraudulently concealed falling iPhone demands and lost shareholders billions of dollars, Reuters reported. Most of the claims in the case were dismissed by U.S. District Judge Yvonne Gonzalez Rogers, but she ruled that the shareholders have cause to sue over Apple CEO Tim Cook‘s […]
April 20, 2020
United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a CNBC report on Monday (April...
April 16, 2020
The chief executive officer for Singapore’s ride-hailing unicorn Grab said business is off, but the platform’s diversified services and liquidity will help drive it through the pandemic storm. “We are...
April 08, 2020
Amazon is suspending its shipping service because it needs those workers for more pressing tasks, according to a report in the Wall Street Journal (WSJ) on Tuesday (April 7). A...