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Future

Scorsese, Eastwood say U.S. movie theaters may not survive pandemic

Scorsese, Eastwood say U.S. movie theaters may not survive pandemic

Source: Reuters
Date of Publication: September 30th, 2020
Oscar-winning film directors James Cameron, Clint Eastwood and Martin Scorsese joined forces with movie theater owners on Wednesday in an appeal for financial help, saying they feared for the future of the industry.
J.M. Smucker raises profit forecast on upbeat demand

J.M. Smucker raises profit forecast on upbeat demand

Source: Reuters
Date of Publication: August 25th, 2020
J.M. Smucker Co on Tuesday raised its forecast for fiscal 2021 adjusted profit, after the Jif peanut butter maker topped estimates for first-quarter sales on strong demand for its coffee, frozen sandwiches and fruit spreads.
Airlines lose billions as demand ‘stalled,’ CEOs warn recovery hinges on a coronavirus vaccine

Airlines lose billions as demand ‘stalled,’ CEOs warn recovery hinges on a coronavirus vaccine

By: Leslie Josephs
Source: CNBC
Date of Publication: July 23rd, 2020
Airlines are posting billions in losses and scrambling to stanch their cash burn. Executives have warned that demand is softening because of a spike in coronavirus cases and new travel restrictions. Carriers are growing more cautious about adding more flights.
Study: Employee Expectations Are Changing Due to COVID-19

Study: Employee Expectations Are Changing Due to COVID-19

Source: Institute of Public Relations
Date of Publication: June 1st, 2020
A survey of 831 adults about their feelings and views on returning to work
How to Prepare for the Future of Work Now

How to Prepare for the Future of Work Now

By: Bernard Coleman
Source: Inc.com
Date of Publication: May 23rd, 2020
How to prepare for the future of work now
Delta, union working to avoid furloughs of 2,300 pilots

Delta, union working to avoid furloughs of 2,300 pilots

By: Reuters
Source: CNBC
Date of Publication: June 1st, 2020
Delta Air Lines and its pilots union said they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.
Historical Data Shows Housing Market Will Boom After The 2020 Crisis, And So Will Bitcoin

Historical Data Shows Housing Market Will Boom After The 2020 Crisis, And So Will Bitcoin

By: Joseph Young
Source: Forbes
Date of Publication: May 24th, 2020
Historical data from the late 1990s show a financial crisis is often followed with a steep increase in housing prices. If real estate grows in a similar manner as the 2000s, safe haven assets like gold and potentially Bitcoin may follow.
Boston Fed CEO says "it's likely to be double- digit unemployment through the end of this year"

Boston Fed CEO says "it's likely to be double- digit unemployment through the end of this year"

Source: Face the Nation
Date of Publication: May 24th, 2020
Eric Rosengren says a vaccine is needed to have unemployment levels to return to pre-covid rates. Boston Fed CEO on unemployment.
These companies plan to make working from home the new normal. As in forever

These companies plan to make working from home the new normal. As in forever

By: Rob McLean
Source: CNN Business
Date of Publication: May 22nd, 2020
The coronavirus pandemic has forced many companies to embrace work-from-home solutions. For some, the transition may stick. Several big businesses plan to let much of their staff work from home permanently, even after the pandemic. Working from home could become the new normal — at least for some...
Hertz files for bankruptcy

Hertz files for bankruptcy

By: Chris Isidore
Source: CNN Business
Date of Publication: May 24th, 2020
Hertz filed for bankruptcy Friday night, the latest victim of the sudden economic downturn sparked by the Covid-19 pandemic.