What Happens If 1,000 Movie Theaters Disappear?
Movie theater operator AMC Entertainment says that it may not be able to operate as a "going concern" because of the effects of the COVID-19 pandemic. What happens if all its screens go dark?
Movie theater operator AMC Entertainment says that it may not be able to operate as a "going concern" because of the effects of the COVID-19 pandemic. What happens if all its screens go dark?
They are mostly old American manufacturing hubs that have lost their manufacturing employers. In a period of modest population growth, these cities shrank handily.
A number of U.S. cities have been hit with protests, some of which have turned violent. Retail locations in these places face damage.
Not surprisingly, five of the 10 fastest-growing U.S. cities are in Texas, which has been the fastest-growing state for years.
Currently, most cities with the highest temperatures are clustered in Kuwait, Iran and Algeria.
According to the Bing Covid-19 Tracker, global confirmed cases have reached 6,075,786. Active cases were 3,134,460, up 69,776 Active cases are 52% of the total of confirmed cases worldwide. Recovered cases were 2,571,797, a…
Two years ago, it was unimaginable that any company could have a market cap of over $1 trillion. In August 2018, Apple topped that number. Now, despite the effect of the pandemic on stocks,…
Twitter Inc (NASDAQ: TWTR) decided that President Trump’s tweets needed to be fact-checked. Facebook (NASDAQ: FB) decided that it should not do the same with posts on its platform. The President elected to sign…
Zoom Video Communications has a market capitalization of above $50 billion. The General Motors market cap is near $37 billion. The figures seem absurd.
May U.S. car sales are expected to be down sharply from a year ago. That shows the long road to a comeback for America's large carmakers.
The future of smartphones in the United States and most other major nations is 5G. If Apple gets its share of 5G hardware sales, the stock should stay healthy.
It may seem improbable that a huge discount warehouse company can help a car company that is desperate to find buyers. Yet, Costco is doing just that.
American Airlines will lay off 5,000 people. The airline has been crippled by the sharp decline in travel.
It is hard to say how long car demand will stay low. Tesla, like any other manufacturer is fishing for new business, and its primary tactic is lower prices.
Worries that Roku would be knocked out by competitors took a back seat when the company reported earnings. Suddenly, its prospects do not look so dim.
Currently, the cities with the highest temperatures in the world are clustered in Pakistan and India, its neighbor to the southeast.
Netflix recently forecast it would have over 190 million subscribers worldwide at the end of the quarter. Could that number push above 200 million?
According to the Bing COVID-19 Tracker, the number of global cases has reached 5,495,061 and is likely to reach 5.5 million within a day. Active cases rose by 20,928 to 2,916,236, and they are…
According to the Bing Covid-19 Tracker, global confirmed cases have reached 5,411,498. Active cases hit 2,896,418, a sharp rise of 42,649. Active cases are 54% of the total of confirmed cases worldwide. Recovered cases…
University of Michigan President Mark Schlissel says he may not open the school, at all, this year. The decision will be made soon. If he keeps the school shuttered, over 46,000 students will have…