Subscription services helped and hurt by coronavirus outbreak
April 1, 2020
Revenues for subscription streaming services and online education have seen marked increases since the coronavirus outbreak began changing the way Americans live. Other types of subscriptions, adult toy products, as an example, have seen sales go in the other direction.
Recent News
Wegmans Confirms New Store in Charlotte, North Carolina
Wegmans Food Markets, the popular New York-based supermarket chain, has confirmed its plans to open a new store in south Charlotte.
Free Coffee at Wawa’s 60th Anniversary Celebration
Wawa, the convenience retail store chain, is marking its 60th anniversary with a special treat for coffee consumers. On Tuesday, April 16, customers can enjoy a free cup of coffee in any size to celebrate the milestone.
Tesla Lays Off Over 10% of Workforce
Tesla announced significant layoffs on Sunday night, affecting over 10% of its global workforce. Some employees discovered they were laid off when their badges failed to grant them access to company facilities.
Rising Inflation Concerns Rattle Markets and Policymakers
Inflation is on the rise, catching many by surprise as prices climb stubbornly higher. Markets, investors, and economists alike are grappling with the unexpected inflation pressures that have marked the start of 2024.