Economies around the world are on life support, but Marriott executives see initial signs the worst from coronavirus may be in the rearview mirror. A quarter of Marriott’s hotels around the world are temporarily closed due to depleted occupancy and limited revenue per room in the coronavirus era not justifying continued operations. The hotel giant’s […] …read more […]
Britain’s smaller companies could be saddled with up to 105 billion pounds ($129 billion) in “unsustainable” debt by March next year that will need recapitalising, a financial services body told the Bank of England on Monday.
Wizz Air needs more details on British plans to quarantine travellers before it can assess their impact after seeing strong demand for the routes it has started operating during the coronavirus crisis, its chief executive told Reuters.
Private equity investor KKR said on Monday it had acquired a stake of 5.2% in German broadcaster ProSiebenSat.1 Media , returning as an investor in the company it had backed from 2006 to 2014.
AMC Entertainment shares skyrocket on reports that Amazon will buyout the movie theater chain. Yahoo Finance’s Dan Roberts weighs in. …read more […]
A jump in coronavirus cases in South Korea and Germany rattled investors and sent global equities markets lower on Monday, while safe-haven assets, including the dollar and U.S. Treasuries, edged higher.
Last week saw the newest first-quarter earnings release from UnitedHealth Group Incorporated (NYSE:UNH), an important… …read more […]
Shanghai Disneyland reopened its theme park to visitors on Monday. Yahoo Finance’s Dan Roberts breaks down the latest policy restrictions amid the reopening. …read more […]
Chinese investment in the United States dropped to $5 billion in 2019, a slight decrease from a year earlier and the lowest level since the global financial crisis a decade ago, according to a new analysis by the U.S.-China Investment Project.
Enbridge Inc. (TSE:ENB) shareholders should be happy to see the share price up 11% in the last month. But over the… …read more […]
Oklahoma’s energy regulators on Monday began hearing arguments from producers seeking to win state-support for setting limits on oil production to help stabilize prices.
Bill Rodgers, Former Chief Economist at the U.S. Department of Labor and Professor & Chief Economist at the Heldrich Center for Workforce Development joins Yahoo Finance’s On The Move to discuss how African Americans have been affected the most by the coronavirus pandemic. …read more […]
If you own Apple Inc. (NASDAQ:AAPL) stock, or you’ve been following it, then you probably already know that the company has been buying back large quantities of its own shares for years. Indeed, the number of shares of Apple Inc. stock outstanding has been declining steadily since 2013. You very likely understand that when fewer […] …read more […]
Under Armour reported a 23% decline in sales in the first quarter. BMO Managing Director Simeon Siegel weighs in on the company’s earnings report and how retail is faring amid the coronavirus pandemic. …read more […]
Starbucks Corp said on Monday it would begin a phased reopening of 150 of its drive-thru locations and some takeaway-only stores in the United Kingdom as the country eases coronavirus-led restrictions on road travel.
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