Tag Archives: demand

LONDON – Zoom is gearing up for what could end up being its busiest day ever: Christmas Day. Around the world, there are lockdowns in place that will make travelling to see friends and family on Christmas Day complicated, and for millions, illegal. Over 18 million people in the U.K. …

Winnebago CEO Michael Happe told CNBC on Friday he expects the coronavirus pandemic-inspired surge in recreational vehicle sales to last into next year. The comments came after the Forest City, Iowa-based company reported strong quarterly results that exceeded Wall Street expectations. Investors cheered the quarter Friday, with shares of Winnebago …

It’s no secret airlines have had an unprecedently bad year. JPMorgan expects the pain to continue for some companies, with analysts double downgrading shares of JetBlue, Spirit and United Airlines to underweight from overweight on Wednesday on overvaluation concerns. The firm maintained its overweight ratings on Delta, Alaska Airlines and …

Inside every smartphone and tablet lies a dense brick with a dark and complex history: its battery. The lithium that ferries charge back and forth likely started out in South American salt flats, where months of evaporation consumes millions of tons of water in some of the world’s driest regions. …

CNBC’s Jim Cramer on Wednesday laid out a basket of stocks that are set to bounce back when the U.S. reopens again, though the timeline remains elusive. “Pent-up demand. Get used to hearing that term because it’s going to define the very next leg of this just impossible-to-believe bull market,” the …

Executive Director of the World Health Organization’s (WHO) emergencies program Mike Ryan speaks at a news conference on the novel coronavirus (2019-nCoV) in Geneva, Switzerland. Denis Balibouse | Reuters Approving a coronavirus vaccine is only the first step toward suppressing the pandemic, as countries race to build distribution networks to …

So-Low Environmental Equipment, a maker of ultra-cold freezers, is seeing a surge in demand for its products in anticipation of coronavirus vaccine distribution, leading to an inventory backlog despite its efforts to prepare. “Right now, we are out of everything,” Dan Hensler, vice president of the Cincinnati-based company, said Wednesday …

An aerial picture shot with a drone shows residents lined up in their cars at a COVID-19 test center on the grounds of Miller Park on November 17, 2020 in Milwaukee, Wisconsin. Scott Olson | Getty Images Vicky Amores, a New York City-based interior designer, is traveling to Florida for …

Lordstown Motors Corp Chief Executive Steve Burns poses with a prototype of the electric vehicle start-up’s Endurance pickup truck, which it will begin building in the second half of 2021, at the company’s plant in Lordstown, Ohio, U.S. June 25, 2020. Lordstown Motors | Reuters Electric vehicle start-up Lordstown Motors …

An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines plans to cut much of its service to London next month from major U.S. airports due to weak demand in the pandemic, the carrier said Sunday. The move comes as coronavirus cases have climbed in …