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United CEO Foresees Reduced Airfare and Revenue

Rebecca Urena07/22/2020

703

On Wednesday, United Airlines (NASDAQ: UAL) CEO Scott Kirby revealed he foresees airfares falling as the global pandemic surges and impacts the air travel industry. “My guess is that...

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Darden Restaurants CEO ‘Worried’ by Consumer Behavior Amid Spike in COVID-19 Cases

Rebecca Urena06/25/2020

3647

CEO of Darden Restaurants (NYSE:DRI), Gene Lee, revealed that the corporation had not seen any alteration within consumer behavior amid the newfound rise in COVID-19 cases. The family of...

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Chuck E. Cheese Parent Company Files for Bankruptcy

Rebecca Urena06/25/2020

4247

Chuck E. Cheese’s parent company, CEC Entertainment, announced Thursday it had filed for Chapter 11 bankruptcy as a consequence of the global pandemic and the mandatory site closures. The...

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JC Penney Commences Liquidation Sales

Rebecca Urena06/17/2020

3142

J.C Penney (NYSE: JCP), which filed for bankruptcy just a few weeks ago, announced Wednesday that liquidation sales will commence at 136 of its U.S stores. The retail giant...

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Target Increases Minimum Wage to $15 an Hour

Rebecca Urena06/17/2020

3854

Target (NYSE: TGT) announced Wednesday that it will be increasing its employees minimum wage to USD15 per hour beginning June 5, as well as providing a one-time bonus of...

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Chili’s Outpaces Rivals as its Restaurants Reopen

Rebecca Urena06/16/202006/16/2020

4126

With most industries experiencing rapid change due to the coronavirus pandemic, Chili’s has worked to reinvent itself as it starts to reopen locations. The restaurant chain, owned by Brinker...

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British Airways to Auction Art Valued at Millions as it Struggles Financially

Rebecca Urena06/12/202006/12/2020

2190

British Airways (BA) is organizing an auction to sell art valued at Millions in the hopes that it can rally up cash as the COVID-19 pandemic surges. International Consolidated...

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Dunkin’ Donuts Prepares to Hire 25,000 New Employees as Lockdowns Ease

Rebecca Urena06/08/202006/08/2020

4262

Dunkin Donuts (NASDAQ: DNKN) revealed it is preparing to hire 25,000 workers as restaurants begin to gain momentum after the global pandemic. The company will be advertising it’s first...

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United Airlines Set to Close Three International Flight Attendant Bases

Rebecca Urena06/08/202006/08/2020

4677

As International travel struggles to survive the coronavirus pandemic, United Airlines (NASDAQ: UAL) is set to close down three out of four of its global flight attendant bases by...

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Simon Property Sues Gap for $66M in Rent Payments

Rebecca Urena06/04/202006/04/2020

4412

Simon Property Group (NYSE: SPG), the largest U.S. mall, has sued Gap (NYSE: GPS) for a sum of USD65.9 Million in unpaid rent and additional charges amid the coronavirus...

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