Airbnb will not issue blanket refunds to guests who had reservations in hurricane-torn Florida, according to Insider. Win McNamee | Getty ImagesCleanup in Matlacha, Florida on October 5, 2022. The vacation rental company’s “extenuating circumstances policy” allows people to cancel and obtain a refund for events it deems to not have been foreseeable. Hurricanes in…
A fire broke out in Amazon’s only unionized warehouse in Staten Island, New York on Monday, so workers organized a stoppage at the facility. CNN reported that about 50 warehouse workers were suspended with pay one day later. Bloomberg / Contributor | Getty Images Connor Spence, one of the now-suspended workers, told CNN that when…
Future retirees have a lot to look forward to. Besides traveling, spending time with family, or picking up new hobbies, the number of U.S. centenarians increasing from 53,000 in 2010 to over 90,000 in 2020. In addition, we’re likely to see 130,000 Americans celebrate their 100th birthday by 2030, according to the U.S. Census Bureau.…
We all know — or should know by now — that franchising is much more than just fast food. The reality is that only 24% of all franchise concepts fall into the category that the industry refers to as “quick-service restaurants” or QSR. The rest can be found across dozens of industries as the total…
Despite growing EV demand and supportive government policies, the industry has been struggling with numerous challenges, including supply chain issues, chip shortages, material inflation, and inadequate charging infrastructure. So, considering the headwinds, we think it could be wise to avoid fundamentally weak EV stocks Lucid (LCID), Nikola (NKLA), Faraday Future (FFIE), and Mullen (MULN) this…
The Fed’s successive rate hikes have hit household wealth. Moreover, rate hikes against a slowing economic backdrop have increased the risk of recession. Amid this, we believe stable dividend stocks Pfizer (PFE), Merck & Co. (MRK), and Valero Energy (VLO) might be ideal investments. Read more…. shutterstock.com – StockNews The Fed has pushed its federal…
The Fed’s consecutive rate hikes to control inflation has created an unfavorable macroeconomic climate for growth tech stocks. Since Cathie Wood and her firm Ark Invest have significant exposure to such businesses, the near-term outlook seems bleak for her investments. Hence, we think it could be wise to avoid fundamentally weak stocks Twilio (TWLO) and…
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Cruise ship stock Carnival Corporation (CCL) has witnessed an upsurge in bookings in the post-pandemic era. However, it missed consensus estimates in its latest reported quarter. Moreover, it has lost more than 60% in 2022 and demonstrates poor profitability. CCL is still in choppy waters and might be best avoided now. Keep reading…. shutterstock.com –…
Alzheimer’s Disease remains one of the leading causes of death, and yet the nature of the disease makes finding a cure elusive. But that’s not for a lack of effort. A 2021 report by the research firm Research and Markets projects that the worldwide Alzheimer’s market will be worth $9.4 billion by 2027. This presumes…