Page 3 - Cyclical Consumer Services News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHARE Air Canada shares fell sharply on Tuesday on fears that its market value would be diluted after the Canadian government took a discounted equity stake in the flagship carrier as part of a deal for C$5.9 billion ($4.7 billion) in aid. But analysts and investors said Air Canada's decision to accept the bigger-than-expected aid package, which was announced on Monday, was the right decision for Canada's largest carrier to ride out the crippling downturn in air travel caused by the coronavirus pandemic. The deal gives Ottawa a roughly 6 per cent stake in Canada's largest carrier at a discoun...

SHARE Fast & Furious star Dwayne Johnson said on Monday that he would run for US President if he felt he had enough support from Americans. Johnson, 48, one of the highest-paid and most popular actors in the US, has been flirting with a possible White House bid for several years. "I do have that goal to unite our country and I also feel that if this is what the people want, then I will do that,” Johnson said when asked about his presidential ambitions in an interview broadcast on the Today show. The former professional wrestler did not say which party he would represent or when he might la...

"Apple tends to cater to the higher end of the (US) market; so it might grab a small portion of LG's sales," Gartner analyst Tuong Nguyen said. "It's more likely that Samsung inherits a lot of it because both vendors compete across similar markets." Globally, LG's market share shrank to 2 per cent in 2020, a massive drop from its status as the world's third-largest smartphone maker behind Samsung Electronics and Apple during its peak in 2013. The company shipped 23 million phones last year, compared with Samsung's 256 million, according to Counterpoint. Counterpoint analyst Tarun Pathak said ...

A number of companies say it disenfranchises some voters. Some, such as Delta Air Lines and Coca-Cola, are based in Georgia, where state lawmakers have the power to raise state taxes. Delta chief executive Ed Bastian said in a public memo that his decision to speak out was informed by discussions with leaders and employees in the Black community. The companies criticising the law so far represent a sliver of the US business landscape. Yet they are part of a growing group of companies shedding their reluctance to speak out on politically controversial social issues that matter to many of their...

SHARE Hollywood superstar Robert Downey Jr and former New York Mayor Rudy Giuliani landed on the list of nominees this weekend for the 2021 Razzie Awards, an annual shaming of what voters consider the year's worst films and performances. Downey Jr was in the running for worst actor for playing the title role in Dolittle, a movie remake about a doctor who can talk to animals. Dolittle, released by Comcast Corp's Universal Pictures, tied for the most Razzie nominations with six overall, including worst picture. It will compete with Netflix's Polish drama 365 Days, which also received six Razz...