“Virgin likes to take on seemingly immutable problems, and try to overcome them,” he said in 2018. But these days, Branson’s business empire is facing what may still be the biggest challenge. Virgin Atlantic filed for bankruptcy protection for the U.S. last week as part of a $ 1.5 billion …
Read More »Kodak, MercadoLibre, Simon Property, Foot Locker and more
Workers make final preparations at a Kodak grandstand on the eve of CES in Las Vegas, Nevada on January 8, 2018. David McNew | AFP | Getty Images Check out the companies’ Monday headlines: Kodak – Kodak shares slipped more than 30% after a federal agency said its $ 765 …
Read More »Royal Caribbean Reports 2020 Q2; Provides Business Update – news about cruise industry
Royal Caribbean Group today reported financial results for the second quarter of 2020 and commented on the company in light of the global COVID-19 pandemic. Second Quarter 2020 Launched on March 13, 2020 and due to the COVID-19 pandemic, the company has halted its worldwide cruise operation, the company said. …
Read More »Amazon can take over old JCPenneys and Sears to try out deliveries
The company is in talks with Simon Property Group (SPG), the largest shopping mall in the United States, to convert earlier than current JCPenney (JCP) en Sears (SHLDQ) stores in distribution buttons to deliver packages, the Wall Street Journal reported Sunday. Both retail chains have filed for bankruptcy (Sears has …
Read More »Nikola shares an increase of up to 22% on the order of trash for Republican Services
Shares of Nikola Corp. increased by as much as 22% on Monday morning after the company confirmed an order for thousands of electric waste trucks for Republican Services. The order includes 2,500 electrified chassis, with the option to increase the order to 5,000 units, the aspiring zero-emission manufacturer said in …
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