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Industries, Others

China auto sales up 14.5% in May, recovering after pandemic

June 11, 2020

Via: ABC News

HONG KONG — China’s auto sales surged 14.5% in May, a second straight month of growth as the global industry’s biggest market gradually recovers from the coronavirus pandemic. The China Association of Automobile Manufacturers said Thursday that sales of passenger […]


Industries, Others

Gun stocks rally as continued surge in background checks, street violence stoke demand

June 3, 2020

Via: Market Watch

Shares of gun and ammo makers surged again Tuesday, as data showing a continued surge in firearm background checks and reports of another night of street violence helped fuel investor demand. The stocks’ rallies come after another night of protests […]


Industries, Others

Boeing slashes 12,000 jobs as virus seizes travel industry

May 27, 2020

Via: ABC News

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming. One of the nation’s biggest manufacturers will lay off 6,770 U.S. employees this week, and another […]


Industries, Others

Cruise stocks rocked after Norwegian Cruise issues ‘going concern’ warning

May 6, 2020

Via: Market Watch

Shares of Norwegian Cruise Line Holdings Ltd. took a dive Tuesday, after the cruise operator issued a “going concern” warning, citing the impact of the coronavirus pandemic on its business. Norwegian’s NCLH, -22.57% warning also weighed heavily on the stocks […]


Industries, Others

Socked by virus, comic book industry tries to draw next page

May 1, 2020

Via: ABC News

The pandemic has transformed Christina Blanch, owner of Aw Yeah Comics, into a nightly TV host. Nine times a week, Blanch leads a livestream from the store she lives above in Muncie, Indiana, to sell some comics and interact with […]


Capital, Finance Tech, Industries, Others

Twitter stock surges after earnings, user growth top expectations

April 30, 2020

Via: Market Watch

Twitter Inc. helped keep the earnings winning streak alive for social-media stocks Thursday morning as the company topped expectations with its first-quarter results. Shares surged more than 7% in premarket trading. The company reported a net loss of $8 million, […]


Industries, Others

Coronavirus Pushes Aviation Industry in New Directions

April 29, 2020

Via: The New York Times

The coronavirus outbreak has upended commercial aviation, with consequences that are not fully realized. The airline trade group, International Air Transport Association, anticipates that the world’s air carriers will see this year’s revenues drop by more than half, and a […]


Industries, Others

U.S. taxpayers set to be major investors in the struggling airline industry

April 21, 2020

Via: Market Watch

The U.S. taxpayer will be a major player in the struggling airline industry, as many carriers are set to receive government aid with conditions as they grapple with the fallout from the COVID-19 pandemic. The aid will help provide a […]


Industries, Others

Coronavirus Means Bigger Gaming Sales, but Less Production

April 21, 2020

Via: The New York Times

During the early days of self-quarantine at Larian Studios, the independent video game developer founded in Ghent, Belgium, morale remained high. Designers and engineers, many of whom worked remotely (the company has 300 employees across five countries), were able to […]


Industries, Others

IBM is still counting on Red Hat for growth as coronavirus spreads

April 20, 2020

Via: Market Watch

As COVID-19 turns the global economy upside down, many corporations are rethinking their tech spending for the year, but International Business Machines Corp. doesn’t seem to be changing its plans. IBM IBM, +3.79% is focused on integrating its huge Red […]