by Admin | Jul 5, 2020 | Companies, News
Another business giant has fallen under the burden of the pandemic crisis in the United States. GNC, the vitamin and supplement company, announced in late May that it has filed for bankruptcy and that they plan to close up to a quarter of their 5,800 stores while they...
by Admin | May 22, 2020 | News
“The industry will not be able to get out of this challenge unless there’s government assistance.” This stark statement comes from Mike McNaney, the president of the National Airlines Council of Canada (NACC), a lobbying group for the Canadian airline industry,...
by Admin | Apr 24, 2020 | Companies, News
Young Presidents Association is a fraternity of almost 30,000 chief executives of thousands of businesses in 130 countries. In mid-April, the organization conducted a survey of thousands of CEOs from all over the world about the effects of the COVID-19 crisis. Judging...
by Admin | Apr 6, 2020 | Companies, News
Cinemark Theaters (and its subsidiary Century) is the third-largest cinema chain in the United States, with just shy of 350 locations around the country, as well as significant footholds in Taiwan and South America. Like all movie theaters in over a third of the...
by Admin | Feb 7, 2020 | News
In 2003, when the world was wracked by both the outbreak of SARS in eastern Asia and the second Gulf War in the Middle East, global air traffic fell by a massive 19 percent. Air travel carriers in the Asia-Pacific areas lost billions in revenue and a large chunk of...