According to the World Travel and Tourism Council the tourism sector loses million jobs a day globally due to the coronavirus. The situation is not better in the U.S. because according to DoL 10 million Americans lost their job. Expedia Group(NASDAQ: EXPE) is the biggest online travel agent in the USA,in front of Booking (BKNG).
Coronavirus outbreak continues to impact the number of initial jobless claims in the U.S. Nearly every state providing comments cited the COVID-19 virus. States continued to identify increases related to the services industries broadly, again led by accommodation and food services. However, state comments indicated a wider impact across other industries. Many states continued to cite the...
Leading car producers have released their quarterly (Q1) 2020 reports and here are the results. As expected all producers reported a massive drop. Mazda North American Operations (MNAO) today reported total March sales of 15,664 vehicles, a decrease of 41.8 percent compared to March 2019. Year-to-date sales totaled 67,670 vehicles, a decrease of...
Wimbledon ,the oldest tennis tournament is cancelled today (The Championships 2020) , it is reported at the official site of Wimbledon. Official reason to postpone 134th Championships is "due to public health concerns linked to the coronavirus epidemic." Below is complete statement with all the details behind the cancellation, ticket refunds and 2021 Wimbledon...
The IOC officially announces the new dates for the Olympic event, very similar to those scheduled for this summer. The International Olympic Committee (IOC) has already set the final dates for the Tokyo 2020 Games, which, like those initially planned for this summer, will begin on the fourth Friday of July 2021 (on the...