The United States has undergone an unexpected rise in unemployment in the past week, with the coronavirus pandemic still causing widespread disruptions to the economy.
This finding came on Thursday morning, when the Department of Labor (DOL) released its weekly claims report regarding joblessness. The report indicated that approximately 898,000...
As cities make a gradual recovery from the setbacks induced by the COVID-19 pandemic, chicken wing chain Wingstop Inc has decided to pursue a rapid expansion in heavily populated urban areas, with the emphasis of its plan being placed on central business districts.
The rapidly growing restaurant company is currently...
While investors expected Netflix to flourish at a time when worldwide communities were confined to their homes, the company reported that it received a decelerating number of new subscribers over the course of 2020.
In the first quarter of 2020, the company managed to meet investors’ expectations, enjoying a surge...
With Europe suffering through an extreme surge of coronavirus cases, the European Union has entered into negotiations with Pfizer Inc. and BioNTech to purchase an additional 100 million doses of the companies’ vaccines, with an option to acquire an additional 200 million doses if desired.
This is on top of...
In an effort to overcome the island's bankruptcy over the last four years, Puerto Rico reached a tentative deal with multiple bondholder groups to reduce the debts owed by the central government.
The new agreement would take into consideration the substantial damage that the island's economy incurred since the start...
With American pharmaceutical corporation Pfizer expected to release a coronavirus vaccine as early as the start of 2021, the company is currently in talks with the government of Brazil to supply its potential vaccine in the first quarter of the new year.
Carlos Murillo, the head of Pfizer Inc in...
Pakistani health minister Faisal Sultan announced on Tuesday that the country has concluded an agreement with Pfizer to secure 13 million units of the pharmaceutical company's COVID-19 vaccines. While the vaccines are expected to arrive before the end of 2021, there is no exact timeline for the rollout of...
The Bank of England unveiled a new 50-pound ($69) note on Thursday, in honor of mathematician Alan Turing who helped the United Kingdom win the Second World War with his code-breaking skills. In 1936, Turing wrote a paper that laid the foundation for modern computer science. The paper also...
Chipotle surpassed Wall Street's expectations when they posted their first-quarter earnings of 2021. Apparently, their knight in shining armor was their digital sales, which more than doubled during the pandemic.
Due to hordes of people being forced to stay at home, Chipotle could've crumbled in the wake of these changes....
U.S. President Joe Biden confirmed on Thursday that his administration is looking into forgiving some of the federal student debt in the near future. Biden said he is "taking a hard look" into this possibility but added that more information on the matter would be known in the coming...