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Disney Will Lay Off 32,000 Workers As Theme Parks Face Restrictions Due To Covid-19

1 month ago   |   By Forbes

The pandemic has forced Disney's theme parks to either remain completely shut or operate with limited visitors, causing a severe loss in revenue.
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Disney To Lay Off 32,000 Workers As Coronavirus Pandemic Hits Theme Parks

Disney To Lay Off 32,000 Workers As Coronavirus Pandemic Hits Theme Parks

1 month ago   |   By Huffington Post

The layoffs will be in the first half of 2021, the company said in a filing with the Securities and Exchange Commission.
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US stocks slide as disappointing bank earnings prompt end-of-week sell-off

US stocks slide as disappointing bank earnings prompt end-of-week sell-off

Summary List Placement US stocks sank on Friday as investors digested disappointing bank earnings and a December slump in retail sales. Retail sales shrank 0.7% in December as... Read more ...

Daily Crunch: WhatsApp responds to privacy backlash

Daily Crunch: WhatsApp responds to privacy backlash

WhatsApp delays enforcement of a controversial privacy change, Apple may get rid of the Touch Bar in future MacBooks and Bumble files to go public. This is your Daily Crunch... Read more ...

How to delete your DoorDash account when you no longer use the delivery service

How to delete your DoorDash account when you no longer use the delivery service

Summary List Placement Maybe you have too many delivery apps on your phone. Maybe it's your New Year's resolution to cook more at home. No matter the reason, deleting your... Read more ...

Retail Sales decreased 0.7% in December

Retail Sales decreased 0.7% in December

On a monthly basis, retail sales decreased 0.7 percent from November to December , and sales were up 2.9 percent from December 2019. From the Census Bureau report : Advance... Read more ...

Top CEOs want Trump to be impeached after the deadly Capitol riot, according...

Top CEOs want Trump to be impeached after the deadly Capitol riot, according to a new survey by Yale

Summary List Placement President Donald Trump should be impeached after inciting last week's deadly Capitol insurrection , the country's top chief executives say. In a survey... Read more ...

The Trump administration blacklisted 9 more Chinese companies, including...

The Trump administration blacklisted 9 more Chinese companies, including Xiaomi. It labeled the smartphone giant a 'Communist Chinese military company.'

Summary List Placement Smartphone maker Xiaomi and eight other Chinese firms have been added to a Trump administration blacklist, just days before President-elect Joe Biden... Read more ...

JPMorgan eyes commercial bank's international expansion with goal of $1...

JPMorgan eyes commercial bank's international expansion with goal of $1 billion in revenue. 'This is an extraordinary opportunity to hire bankers.'

Summary List Placement JPMorgan Chase CEO and chairman Jamie Dimon addressed the firm's plans to drive global revenues by expanding its international commercial-banking... Read more ...

Spotify sinks 7% after Apple announces plans for podcasting subscription service

Spotify sinks 7% after Apple announces plans for podcasting subscription service

Summary List Placement Spotify shares tumbled as much as 7% on Friday after Apple announced it's in talks to start a new podcasting subscription service. Apple's move into... Read more ...

Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

Citigroup misses 4th-quarter revenue forecasts as bond trading disappoints

Summary List Placement Citigroup reported mixed fourth-quarter earnings on Friday that were hurt by weaker-than-expected fixed-income trading revenues. The bank reported... Read more ...

Bumble files to go public

Bumble files to go public

The dating and networking service Bumble has filed to go public. The company, launched by a former co-founder of the IAC-owned Tinder , plans to list its share on the Nasdaq... Read more ...