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Industries, Others

Inflation forces homebuilders to take it slow, raise prices

September 20, 2021

Via: ABC News

Even in the hottest U.S. housing market in more than a decade, new home construction has turned into a frustratingly uncertain and costly proposition for many homebuilders. Rising costs and shortages of building materials and labor are rippling across the […]


Industries, Others

Maersk CEO sees no sign of freight market easing this year

September 16, 2021

Via: Investing.com

Danish shipping giant A.P. Moller-Maersk sees no indication that the current red-hot shipping market will lose steam this year, its chief executive said on Thursday. Maersk lifted its 2021 outlook again on Thursday, riding the rise in freight rates which […]


Industries, Others

Airlines say rise in COVID-19 cases is hurting ticket sales

September 9, 2021

Via: ABC News

Several leading U.S. airlines warned Thursday that the rise in COVID-19 cases due to the delta variant is hurting their bookings and further delaying a recovery for the travel industry. American Airlines said a slowdown that started in August has […]


Industries, Others

Dairy farmers eligible for pandemic-related assistance

August 19, 2021

Via: ABC News

Help is on the way for dairy farmers who got a lower price for their products because of pandemic-related market abnormalities, the U.S. Department of Agricullture said Thursday. The department will provide about $350 million in assistance payments to eligible […]


Industries, Others

BofA Upgrades Caesars Entertainment, Downgrades Wynn On Macau Concerns

August 9, 2021

Via: Markets Insider

Shares of Wynn Resorts, Limited (NASDAQ:WYNN) traded lower by nearly 5% on Monday morning after the stock was downgraded on concerns about the lagging casino recovery in Macau. The Analyst: Bank of America analyst Shaun Kelley downgraded Wynn from Buy […]


Industries, Others

Outlook brightens for apartment landlords amid rising rents

August 6, 2021

Via: ABC News

Things are starting to look up for owners of big apartment communities more than a year after the pandemic knocked the economy into a recession and left millions of Americans unemployed and struggling to pay rent. Rents are rising, buoyed […]


Industries, Others

New York Times earnings boosted by ad business recovery, shares rise

August 4, 2021

Via: Investing.com

The New York Times Co beat quarterly profit expectations on Wednesday as its advertising business showed signs of recovery, eclipsing slower growth in digital subscriptions and sending its shares 12% higher. The financial fallout from the COVID-19 crisis had last […]


Industries, Others

Netflix Q2 earnings preview: Web-tracking data shows traffic slumped then rebounded

July 19, 2021

Via: Markets Insider

Netflix’s web traffic slumped during the second quarter of 2021, but rebounded toward the end of the period, according to data from analytics firm Similarweb that was shared exclusively with Insider. The data, which shows unique visitors to Netflix’s desktop […]


Industries, Others

Predictions Fizzle on Pandemic’s Impact on Office Space

July 12, 2021

Via: Markets Insider

Predictions that the pandemic will have a long-lasting impact on office space has yet come to pass, according to BBG, a leading national valuation and assessment commercial real estate services firm. Since the arrival of the COVID-19 pandemic, there has […]


Industries, Others

How America quietly lost 2,700 ships

June 18, 2021

Via: Markets Insider

At the time ocean shipping took over the world, America gave up on the shipping industry. In 1960, when the world moved 1.2 million tons of goods via ship, the American fleet comprised 16% of the world’s total cargo shipping […]