Walt Disney Co. shares fell more than 2 percent on Monday (May 4) after MoffettNathanson cut the stock’s rating to “neutral” from a previous “buy” and reduced its price target $8 to $112 ahead of Tuesday’s planned earnings report. The firm also cut its fiscal...
With talk about reopening the U.S. economy come questions around how schools are going to handle reopening. 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...
Essential workers on the frontlines of the coronavirus pandemic are asking for more bonus pay although many have indicated that no amount of money is enough to offset the risks involved. “I think the federal government has a responsibility to step up to the plate,”...
Economists, policymakers and epidemiologists have been modeling the cost/benefit of reopening the U.S. economy since governors began asking their citizens to #stayathome in mid-March, and even well before that. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Phone data compiled by Google’s parent Alphabet shows that many people initially ignored stay-home mandates, but were increasingly compliant in April, according to a Reuters report on Friday (May 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The road to recovery after the coronavirus pandemic is widely expected to be a winding one as businesses, consumers and officials work to figure how to restart an economy intentionally shut down roughly two months ago. Get the Full Story Complete the form to unlock...
China is experiencing a return to normal as travelers head to tourist locations after the country reopened following the global coronavirus pandemic, according to a report by the Financial Times (FT). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Influencers have had a rough couple of weeks, as consumers’ tastes have rapidly drifted away from the high-gloss, incredibly curated and aspirational Insta-lifestyle that only a month or two ago was a staple of online life in the U.S. Get the Full Story Complete the...
As some states consider lifting their shutdown orders, investors and Mickey Mouse fans are watching what Disney will do. 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...
