Amazon AMC Theaters

Will Amazon Buy AMC Theaters?

Within the last several days, rumors have been bustling about a potential takeover of the crippled AMC Theaters by the godlike entity known as Amazon. According to Marketwatch, “Shares of AMC Entertainment Holdings rocketed on heavy volume Monday, after a media report that the struggling movie theater chain had held buyout talks with Amazon, as AMC’s value has shrunk since the COVID-19 pandemic led to theater shutdowns worldwide.” Now in AMC’s defense, their stock value wasn’t dropping because of poor earnings or business decisions, almost a majority of financial experts agree that when the full might of the American economy reopens, many large and small businesses alike will come back to life, meaning many conversations like the one with Amazon might be meaningless several months after we begin to see the new “normal.”
Traveling Post-Pandemic

What Will Travel Look Like After The Coronavirus Pandemic

It wasn't too long ago when you were simply able to book a flight online, go to the airport, check-in for your flight, (be overcharged for your checked baggage, in the process), zip through security and board your flight to your destination. Most people have been through this process countless times and never thought twice about the worries or possibility of getting seriously ill. Because of Coronavirus (Covid-19), however, the times have changed, dramatically. Just as after 911, air travel, amongst many other industries will never be the same.
Netflix

Netflix creates $100 million fund to support hourly workers during production shutdowns

If you still needed any evidence that proved the Coronavirus is out to ruin good entertainment, consider the fact that Netflix has gone out of its way to create a $100 million fund to support all of the people that are out of work, thanks to the virus shutting down film and TV production across the board.
GameStop Storefront

GameStop is Closing Retail Storefronts and going Digital

About a week ago, GameStop head honchos apparently thought it was a good idea to keep their physical stores open during the Coronavirus outbreak, even in states that required all non-essential retail stores to be closed. According to a memo the guys in charge left for their employees in case they were questioned by government officials, GameStop considers itself essential retail.
GM Car Deals

GM is offering a deal you need to know about during this crisis

In the midst of this global health crisis which has now turned into a financial crisis for the foreseeable future, General Motors (GM) is offering a deal to consumers in order to stay afloat as well as increase aggregate demand, which is almost too good to pass up.
Tesla Car Plant

Tesla suspends production due to COVID-19 threat

In the midst of one of the largest health and financial crisis of a generation, Tesla manufacturing plants have had to suspend production indefinitely in order to flatten the curve via social distancing so that we come out of the present and invisible threat of COVID-19, aka the coronavirus.
Bill Gates has Stepped Down from the Microsoft Board of Directors

Bill Gates has Stepped Down from the Microsoft Board of Directors

It is always a little difficult to imagine a company going on without the one who started it all, but Microsoft has announced that Bill Gates himself has stepped down from its board of directors in order to “dedicate more time to his philanthropic priorities including global health, development, education, and his increasing engagement in tackling climate change." Gates served as the chairman of the board since 2014.