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Skies Brighten For US Airlines After Congress Approves Aid

Skies Brighten For US Airlines After Congress Approves Aid By John BIERS, Juliette MICHEL 03/10/21 AT 4:09 PM Major US airlines on Wednesday officially dropped plans to lay off thousands of workers after Congress approved President Joe Bidens $1.9 trillion economic relief package. The legislation, which includes $14 billion in payroll support for flight attendants, pilots and other staff, comes as the industry awaits the first signs of a sustained recovery from the coronavirus downturn. The...
United States Peter Mcnally Nicholas Calio Andrew Nocella Datatrek Jessica Rabe Joe Biden

Instacart's $265 million raise comes as DoorDash nips at its heels

Instacart raised $265 million, it said Tuesday. The money could go toward lowering fees or adding perks to attract new retailers. But experts say DoorDash will soon be a strong competitor in the grocery delivery space.  It seems like the skys the limit for what customers can get delivered from Instacart — and for how much capital the company can raise. The company raised another $265 million from previous backers including Andreessen Horowitz, Sequoia Capital, and D1 Capital Partners, it sai...
New York United States Pitchbook Frederick Phil Lempert Doordash Dashmart Andreessen Horowitz

COVID-19 vaccines: CVS, Walgreens shouldn't dominate, pharmacies say

Brian Caswell, owner of Wolkar Drug in Baxter Springs, Kansas, has been eager for his independent pharmacy to help with the COVID-19 vaccine rollout. He bought a specially equipped freezer for storage purposes, certified additional employees to administer vaccines and bought scheduling software to gear up for the push. “Everybody stepped up to do everything that the CDC asked,” he said. “The only thing that we couldn’t get was vaccines.” Drugstore giants CVS and Walgreens and big-box...
United States Rhode Island Douglas Hoey Arun Sundaram Michele Belcher Jay Williams

Local pharmacies say they need more COVID vaccines as CVS, Walgreens ramp up shots

Local pharmacies say they need more COVID-19 vaccines as CVS, Walgreens ramp up shots Nathan Bomey, USA TODAY Replay Video UP NEXT Brian Caswell, owner of Wolkar Drug in Baxter Springs, Kansas, has been eager for his independent pharmacy to help with the COVID-19 vaccine rollout. He bought a specially equipped freezer for storage purposes, certified additional employees to administer vaccines and bought scheduling software to gear up for the push. “Everybody stepped up to do...
United States Rhode Island B Douglas Hoey Arun Sundaram Brian Caswell Michele Belcher
Source: msn.com

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Billionaire's repair job will struggle to fix Aston Martin's problems

Billionaire’s repair job will struggle to fix Aston Martin’s problems Lawrence Stroll insists 2020 was transformative, but huge losses prove the luxury car brand is stuck in reverse 25 February 2021 • 4:39pm This article is from The Telegraph’s  City Intelligence newsletter. Sign up here for incisive analysis of the days biggest corporate story from our chief City commentator Ben Marlow. When Lawrence Stroll says “2020 really has been a transformative year for Aston Martin”, one...
United Kingdom Aston Martin Ben Marlow Mohsin Issa City Intelligence Lawrence Stroll

These stocks are set to benefit from a post-Covid travel rebound

These stocks are set to benefit from a post-Covid travel rebound CNN 2/26/2021 Analysis by Paul R. La Monica, CNN Business © Daniel Slim/AFP/Getty Images A man watches a Delta plane as it approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. (Photo by Daniel Slim/AFP/Getty Images) Americans may be itching to travel again now that more people are getting vaccinated for Covid-19 — and there are several stocks poised to benef...
United States Dan Thomas Brian Fitzgerald Changebridge Klein Andrew Harrer Bloomberg Getty Brian Chesky
Source: msn.com

How Disney's international streaming strategy takes a page from Netflix's playbook

How Disneys international streaming strategy takes a page from Netflixs playbook tclark@insider.com (Travis Clark) Disney launched its general-entertainment service Star in some international markets on Tuesday. Disney is ramping up its international streaming strategy as Netflix ramps up originals outside the US. Industry watchers have different perspectives on what Disneys strategy means for the US-based Hulu. Popular Searches The company launched its general-entertainment Sta...
United States New Zealand United Kingdom Omar Sy Disney Hulu Kelly Campbell
Source: msn.com

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