Hertz and Reitman’s File for Bankruptcy Protection
Two corporations based in North America have filed for Bankruptcy Protection. One claim focused on the American Government, with the second claim made with the Canadian Government. The 1st claim …
Coronavirus Costing Global Economy Trillions
The COVID-19 pandemic has inflicted financial turbulence onto all nations worldwide. Manufacturing of Essential Goods, Food Production, and numerous other items have been limited become of this virus. All these …
Samsung Smartphone Sales Drop During COVID-19
Technology is continuously moving forward, pushing the boundaries of what’s possible with global corporations and their products. When innovations are unveiled in this market space, an influx of sales are …
Elon Musk Fails Tesla
The Founder and Chief Executive Officer of Tesla, Elon Musk, devaluated his company by $14 billion by making a series of tweets regarding the stock price margins associated at Tesla. …
Ruth Chris Steakhouse Faces Backlash for SBA loan
Ruth Cris parent company, the Ruth’s Hospitality Group, on Thursday announced that it would return small business loan of $20 million to that it received as a result of the …
Walmart Facing New Challenges Amidst COVID-19
Retail corporations that’ve been deemed efficient are struggling with excessive demands. Consumers are limited to their exposure with the retail space, but when available are acquiring significant volumes of product. …
Amazon Isn’t Protecting Its Workforce
Coronavirus Testing Labs are being developed rapidly by multiple corporations. This is because billions can be earned by creating a cure for this virus before the government itself. The latest …
Spain’s Workforce Eliminated Amidst COVID-19
The workforce throughout Spain has been decimated with the COVID-19 Pandemic. Spain has the 2nd highest death toll worldwide, with that valuation now exceeding ten thousand. The workforce behind Spain …
Virgin Atlantic Requesting Bailout
Government Bailouts will be required for multiple airlines by Mid-April. The 1st expected to request the assistance of government banks includes Virgin Atlantic. Associated loans would be £300 Million or …
American Hospitals in Financial Crisis
Hospitals in the United States of America have begun building Covid-19 Tents and Wards, ensuring that other patients don’t come into contact with infected individuals. These hospitals are requesting emergency …