Wall Street To Ask Disney Questions on Coronavirus Impact

Wall Street To Ask Disney Questions on Coronavirus Impact
May 4, 2020

Walt Disney’s acquisitions race that included swallowing much of Rupert Murdoch’s 21st Century Fox in 2019, and a reputation for operational excellence, turned the company into the world’s strongest entertainment machine. That girth has now made it the most vulnerable amongst media firms through the global coronavirus pandemic. On Tuesday, Wall Street will assess the level of injury and look for indicators of a bottom. With sports leagues dormant, Disney’s…

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Instacart, Amazon Gig Workers Demonstrate in U.S., Italy Citing Inadequate Safety Measures at Facilities Amid Coronavirus Pandemic

Instacart, Amazon Gig Workers Demonstrate in U.S., Italy Citing Inadequate Safety Measures at Facilities Amid Coronavirus Pandemic
March 31, 2020

Warehouse, supply and retail gig workers in the U.S. went on strike Monday to demand attention to safety and wage concerns for people working through the coronavirus crisis. Among the strikers had been some of the nearly 200,000 employees at U.S. online grocery supply company Instacart, based on strike organizer Gig Workers Collective GWC), formed earlier this year by Instacart employee Vanessa Bain. Fifteen workers at an Amazon.com warehouse in…

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Emirates Reverses Decisosn to Cancel Passenger Flights

Emirates Reverses Decisosn to Cancel Passenger Flights
March 23, 2020

Dubai carrier Emirates reversed Sunday its decision to cancel all passenger flights, shortly after it stated it would pause operations from March 25 amid the novel coronavirus pandemic. The airline stated it “received requests from governments and customers to support the repatriation of travelers” and will proceed with operating passenger flights to 13 destinations, down from its standard 159. Emirates will continue to fly to the U.K., Switzerland, Hong Kong, Thailand,…

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Ted Baker’s 38% of RETAIL Sales Dented Due to Coronavirus Pandemic

Ted Baker’s 38% of RETAIL Sales Dented Due to Coronavirus Pandemic
March 20, 2020

Troubled vogue retailer Ted Baker stated Friday it has closed businesses that accounted for some 38% of its international retail sales in 2020 due to the coronavirus pandemic. It has shut 197 retail outlets and concessions out of 416 locations worldwide with full closure in the U.S., Canada, Spain, France, Germany, Portugal and Belgium. In other markets, the retailer stated it was going through reduced trading hours; however, it added…

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Uber Cancels Shared Rides in Canada, U.S. to Contain Coronavirus Pandemic

Uber Cancels Shared Rides in Canada, U.S. to Contain Coronavirus Pandemic
March 17, 2020

Uber Technologies Tuesday started canceling shared rides on its ride-hailing platform in the USA and Canada to restrict the spread of the coronavirus. The pooled option, which allows riders to book rides at lower prices by sharing the car with up to three other passengers touring in the same direction, has been disabled for users opening the apps in the two nations. A spokesperson stated similar measures outside the U.S. and…

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