Planet Fitness CEO Chris Rondeau proposed gyms as “part of the solution” to the coronavirus pandemic, with fitness and exercise helping to combat problems like obesity and cardiovascular disease. Rondeau told “Sqwak Alley” that fitness should be viewed as a healthcare sector, since exercise can help minimize or alleviate health …
Read More »US consumer confidence falls in July as COVID-19 expands
WASHINGTON (AP) – US consumer confidence fell to a reading of 92.6 in July as coronavirus infections spread in many parts of the country. The Conference Board, a New York research organization, reported Tuesday that its consumer confidence index fell from a June reading of 98.3. The weakness stemmed from …
Read More »McDonald’s says some pandemic consumer trends could linger
An employee wearing protective gloves handles an order at a prototype fast-food giant McDonald’s location for restaurants that adhere to the 6-foot social distance measure. Piroschka van de Wouw | Reuters McDonald’s is seeing some trends in consumer behavior reverse as blockages are reduced, but the fast-food giant believes that …
Read More »DraftKings Extends Agreement with PGA Tour to Become Official Betting Operator
The entrance from the elevators, designed to resemble a tunnel entering a stadium, is displayed in DraftKings’ new office in Boston on March 25, 2019. David L. Ryan | The Boston Globe via Getty Images DraftKings is improving its sports sponsorship portfolio as the leagues continue to resume suspended operations …
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