As the Coronavirus grows in prevalence, global economies have suffered, and trade has come to a halt. Globalization may even be over as countries look towards sustaining themselves. This gives way to a question: Is a devaluation of the dollar…
Summer is typically the time when students are on vacations and families make plans to travel across the globe. The outbreak of coronavirus pandemic, however, has significantly disrupted the tourism industry. From hundreds of canceled flights every day to no…
As the world around us changes due to the coronavirus pandemic, organizations have had to find ways of working from home. A worldwide lockdown has been implemented, with only essential workers allowed to leave their homes for work. However, as…
Hertz filed for Bankruptcy last on Friday, 22nd May 2020. By doing so, it has joined the list of high-profile age-old companies being forced out of business due to the coronavirus. The company has been providing rent a car services…
The coronavirus pandemic has hit the traveling industry the hardest. With international and domestic travel banned, many airlines have filed for bankruptcy. The hospitality industry has been hit hard as well, with hotels and Airbnbs suffering. Airbnb is a market…
JCPenney became one of the many businesses worldwide that the Coronavirus pandemic drove out of business. While some businesses have managed to deal with these financial difficulties better, others have failed. JCPenney, a century-old retail giant, had been struggling for…
If you look at history, you will find several startups that were founded during a recession. With the economy deteriorating, the global recession is indeed a difficult time for all businesses, however, it does provide entrepreneurs with opportunities as well.…
COVID-19, better known as the Coronavirus, is the worst pandemic of all times. It has affected millions of people and killed hundreds of thousands. It had led to the lockdown of entire countries. Superpowers like the UK and China have…