Decrease in shipments of avocados could hurt Chipotle profit margin A 5.8% decrease in avocado shipments is what the Hass Avocado Board expects during the third quarter in comparison to the year prior The price of avocados are expected to rise by 10% and decrease Chipotle’s earnings by 10 to 12 cents a share Peloton… Continue reading Business News – 06-23-2021
Tag: Business News
Business News – 06-22-2021
Comeback of Concerts and Rodeos has led Boot Barn CEO to expect sales increase Jim Conroy, the CEO of Boot Barn expects sales to increase in the coming months as rodeos, country music concerts, and fairs bein their return So far, Boot Barn Shares have risen by more than 86% for this year Moderna, Nextdoor,… Continue reading Business News – 06-22-2021
Business News – 06-20-2021
Jeep introduces new 2021 Grand Cherokee L a new model for the brand Next week, The 2021 Grand Cherokee L will come to showrooms and this marks the first three-row model for more than 10 years Jeeps expects this vehicle to cater to current owners who need a larger vehicle and new buyers as well… Continue reading Business News – 06-20-2021
Business News – 06-17-2021
Cruise Lines and the CDC: Only fully vaccinated travel is recommended The CDC in previous warnings recommended that travelers should not go on cruise ships because of the incidents of spreading infections last year in 2020 Currently (as of today) the CDC is recommending that travelers get tested 1 to 3 days before their planned… Continue reading Business News – 06-17-2021
Business News – 06-17-2021
Dutch Airline KLM to resume most of its routes for 2021 with increased vaccinations KLM a Dutch Airline reports that they have plans to resume a majority of their international flights sometime this year in 2021 KLM also reported that they will also add a new route to Saudi Arabia and Riyadh as they expand… Continue reading Business News – 06-17-2021
Business News – 06-16-2021
As production plans for Lordstown Motors remains steady, shares rise Angela Strand, the new chairwoman at Lordstown Motors has said that the productions plans for their electric pickup trucks Endurance will be on track to be produced in limited quantity in September Lordstown Motors shares have risen this Tuesday afternoon by up to 15% and… Continue reading Business News – 06-16-2021
Business News – 06-14-2021
Vaccines cannot keep up with amount of Covid-19 cases across the world The World Health Organization has reported that the amount of Covid-19 cases is spreading faster than vaccinations worldwide Despite the amount of cases of the vaccine are tending to decline worldwide, the amount of deaths related to Covid-19 have not declined the same… Continue reading Business News – 06-14-2021
Business News – 06-10-2021
Vaccinations for Covid-19 for Children is ‘a must’ says FDA advisor Dr. Paul Offit, a top FDA advisor says Children must be vaccinated against the virus and he also has said, “About 300 kids have died from Covid so far”. It has become an increasing concern for this FDA advisor that there are more variants… Continue reading Business News – 06-10-2021
Business News – 06-09-2021
Gamestop sales have grown 25% as the company grows in e-commerce Sales for electronic retail company Gamestop have risen 25% during the first fiscal quarter as the company shifts focus to e commerce Amazon executive Matt Furlong has become the new CEO of Gamestop Kepler raises $60 million towards in space data communication network expansions… Continue reading Business News – 06-09-2021
Business News – 06-08-2021
Chipotle has now raised prices to compensate for raised wages Fast casual restaurant Chipotle Mexican Grill has now raised prices by about 4% in order to compensate for the cost of raising their worker’s wages This may, Chipotle has reported that they would raise hourly wages for their restaurant workers into reach their average of… Continue reading Business News – 06-08-2021
Business News – 06-07-2021
Shares for company Stitch Fix rise as sales top estimates Stitch Fix shares have risen today (Monday) and this has been driven by consumers looking to add to their wardrobes for this month of June For the full year, the company raised its revenue after its previous lowering because of the Covid pandemic In regards… Continue reading Business News – 06-07-2021
Business News – 06-04-2021
Director of CDC is worried about rise in teen Covid hospitalizations The CDC director today (Friday) has publicly urged parents to have their tennis vaccinated against the Covid-19 virus Within the first 3 months of 2021, the CDC research team has discovered that ⅓ of adolescents hospitalized with the virus have required admission to an… Continue reading Business News – 06-04-2021
Business News – 06-03-2021
Ford is expanding their pickup truck lineup with their new small pickup called Maverick To expand their very profitable pickup franchise, Ford will come out with a new small pickup named Maverick This truck will be compact and smaller than the Ford F-150 full size pickup and the middle sized Ford Ranger This pickup is… Continue reading Business News – 06-03-2021
Business News – 06-02-2021
SpaceX and Axiom Space expand their private crew launch deal This new deal that SpaceX and Axiom Space have announced will add three more crewed flights to the ISS (International Space Station) which brings the amount of planned missions to four Previously, Axiom Space have announced it Ax-1 mission to launch with SpaceX’s Falcon 9… Continue reading Business News – 06-02-2021
Business News – 06-01-2021
Economic leaders around the globe ask for $50 billion from wealthy nations to combat COVID The leaders of World Bank, WHO, IMF, WTO have all published a plea in newspapers across the globe that urges all wealthy nations to contribute to the $50 billion to fight COVID These agencies have planned to make $9 trillion… Continue reading Business News – 06-01-2021
Business News – 05-28-2021
Almost Fifty percent of Americans have at least one vaccine shot as case counts drops CDC data has shown the 49.9% of the population in the U.S. has received at least one vaccine shot More CDC data shows that 40% of those have completed a full vaccination program 1.6 million vaccine shots have been reported… Continue reading Business News – 05-28-2021