Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »Airline shares rise as travel demand increases, reaching new post-COVID-19 heights
Airline shares were broadly higher on Tuesday, stimulated by a continuing rebound in demand from travelers for fresh post-COVID-19 highs and notable analyst remarks that stimulate investor interest. The US Global Jets exchanged trade found JETS, + 1.03% rose 3% to a nearly two-month high in morning trading. The ETF …
Read More »Cisco revenue to show how coronavirus affects small and large businesses differently
Cisco Systems Inc. will expect to benefit from technical expenditures of large companies despite the COVID-19 pandemic, but the struggle of smaller companies could take its toll. Cisco CSCO, -1.13% is scheduled to report fourth-quarter fiscal revenue on Wednesday afternoon, always a crucial barometer for IT spending, which turned out …
Read More »The CEO of Royal Caribbean says that cruise will differ to Covid-19. Here’s how.
Text size Skip Royal Caribbean’s Liberty of the Seas on May 19 in Miami Beach, Fla. Cliff Hawkins / Getty Images Royal Caribbean Group CEO Richard Fain continues to see a slow return to business, at least initially, if that happens. Several companies have started operating cruises in Asia and …
Read More »COVID-19 infections hit exactly 20 million worldwide – why the actual number of cases is likely to be much higher
The coronavirus pandemic hit another unwelcome milestone Tuesday morning as the number of COVID-19 infections worldwide hit 20,092,855, according to the latest data collected by Johns Hopkins University’s Center for Systems Science and Engineering. But the actual number of cases in both the U.S. and worldwide is likely to be …
Read More »