Now that the omicron Covid variant is waning, consumers are going out and spending, as was evident in the 3.8% rise in retail sales reported for January this week. And travel is one area seeing a big gain. “People really want to make sure they travel while they can,” Mark Matthews, marketing manager for Maui…
U.S. government debt breached the $30 trillion mark Monday, hitting a new record high. And if interest rates keep rising, that number could increase in a hurry. The latest figure of $30.01 trillion represents an increase of almost $7 trillion from late January 2020, just before the Covid pandemic struck. And the total easily surpasses…
“I don’t want companies that make excuses, I want companies that make money,” Jim Cramer told his Mad Money viewers Monday. That’s why if you want to own a growth stock, you have to pick one that doesn’t have any supply chain, semiconductor or Covid staffing woes. It’s no secret that growth stocks have been…
Quest Diagnostics (DGX) – Get Quest Diagnostics Incorporated Report will sell 50 home laboratory tests through Walmart’s (WMT) – Get Walmart Inc. Report website and also through a joint website, building on a long history between the two companies. The home-collection kits will be available 24/7 and come with detailed instructions for collecting biological samples. Some tests…
Walt Disney’s (DIS) – Get Walt Disney Company Report Epcot lacks a clear identity. The park, which launched as the company’s second Florida-area theme park in 1982 began as EPCOT Center, with the acronym requiring the capital letters standing for Experimental Prototype Community of Tomorrow. That name came from an idea company founder Walt Disney…
The Biden administration is withdrawing its Covid-19 vaccination and testing rules for private businesses with 100 or more employees effective Wednesday following the U.S. Supreme Court’s Jan. 13 ruling that blocked the regulations. The U.S. Department of Labor’s Occupational Safety and Health Administration on Tuesday said it is withdrawing the vaccination and testing emergency temporary…
Some experts predict a lull in the Covid pandemic after the omicron strain passes, which would be a welcome development for the economy. By that point many more people will have immunity to Covid through vaccination and infection. “I think we will have a relative lull,” Michael Osterholm, director of the University of Minnesota’s Center…
LAS VEGAS, Jan. 1, 2022 /PRNewswire/ — SK Telecom (NYSE: SKM, hereinafter referred to as “SKT”) today announced that it will participate in CES 2022, which will be held in Las Vegas from January 5 to 8, 2022, to showcase green ICT in the era of Net Zero. SKT will operate a joint exhibition booth with…
PUNE, India, Dec. 29, 2021 /PRNewswire/ — The Cloud Managed Services Market size is expected to grow from USD 86.1 billion in 2021 to USD 139.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period. Cloud managed services are rapidly gaining acceptance worldwide by large enterprises and SMEs due…
U.S. Airlines canceled 925 flights on Christmas Day — a number that’s likely to climb higher by the end of the day. Globally, over 2,500 flights were canceled, according to data from flight-tracking website FlightAware. The cancellations have impacted a variety of airlines including major carriers, led by United (UAL) – Get United Airlines Holdings,…