International business leaders are calling for urgent action to counter “elevated” downside risks from a global economy that is in its “worst state in a century.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Cineworld is reportedly closing its U.K. and U.S. movie theaters this week. Pandemic fears, lockdowns and the canceled release dates of major box-office draws have pushed the world’s second-biggest movie chain to shut out the lights for now. Get the Full Story Complete the form...
The past six months have been unquestionably difficult for movie theaters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
As the pandemic continues, so does the lagging economy — and a spate of now permanent layoffs, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
On the heels of Hollywood’s decision to postpone the James Bond film “No Time To Die” premiere until next spring, the world’s second-largest movie theater chain and its U.S. division said they are considering temporarily closing all of their cinemas, according to Reuters. Get the...
Despite a move by major airlines to drop fees to lure customers, the chief operating officer of Airbus said Saturday (Oct. 3) the outlook for the aviation industry is grim as COVID-19 infections rise and travel restrictions resume, Reuters reported. Get the Full Story Complete...
U.S. consumers feel better about the economy than they have in six months, according to the latest data released by the University of Michigan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The nation’s economy added 661,000 jobs in September as the unemployment rate fell slightly to 7.9 percent, down from 8.4 percent in August, the U.S. Bureau of Labor Statistics (BLS) reported Friday (Oct. 2). Get the Full Story Complete the form to unlock this article and...
The inability of lawmakers and the White House to pass a new stimulus relief package has fueled layoffs as companies say they can’t afford payroll, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
