Webull Review for 2021

Nica

Considering the sheer number of stock brokers available online, finding one that works for you can be a challenge. Webull is a fairly recent player in the sector and you might be wondering whether it is the best brokerage firm for you. To help you make an informed decision, we have undertaken a thorough review…

Burger King, Popey's, Tim Horton restaurants

Burger King leads calls for nine-month rent holidays amid pandemic

Galina Mikova

Burger King UK is the latest of several high street fast food chains to ask chancellor Rishi Sunak for a nine-month rent holiday during the coronavirus crisis. Jose Cil, chief executive of Restaurant Brands International, the parent company which owns the Burger King, Tim Hortons and Popeyes brands, said on Moday: “Our business model has…

United Airlines

United Airlines stock edges up after posting $2bn loss

Siraj Sarwar

United Airlines (NASDAQ: UAL) stock clawed back some of its losses on Tuesday after reporting first-quarter losses of $2.1bn along with bleak full-year outlook.  Its first-quarter revenue, posted on Monday, declined 17% year over year while the company slashed its capacity by 90% for May. The carrier’s first-quarter loss is attributed to traveling restrictions in…

US earnings season: Market volatility gains expected to bypass TD Ameritrade

Galina Mikova

America’s’ leading retail online trading broker is expected to post revenues of $1.41bn, down 3% from the year-ago quarter on Wednesday, despite volatile markets due to the coronavirus, which normally boost trading volumes and fees. The business, led by chief executive Steve Boyle (pictured), is expected to post second-quarter earnings of $0.87 per share in…

Moderna handed $483m by US government to speed up Covid vaccine, stock jumps

Alejandro Arrieche

American biotech Moderna said the US government will fund the development and manufacture of a potential vaccine for Covid-19 in a deal worth up $483m. The Biomedical Advanced Research and Development Authority (BARDA), part of the US Department of Health and Human Services, will fund development of the vaccine mRNA-1273 up through approval by US regulators…

United Airlines CEO Oscar Munoz

United Airlines boss tells staff there is ‘zero demand’ for travel and warns of job cuts

Siraj Sarwar

United Airlines (NASDAQ: UAL) chief executive Oscar Munoz (pictured) in a stark warning to staff said demand for air travel is “essentially at zero” and laid the ground for job cuts. The third-largest US airline flew less than 200,000 people in the first two weeks of April, a 97% drop from the more than 6…

Netflix stock hits record high, lockdowns could push it further

Siraj Sarwar

Netflix (NASDAQ: NFLX) stock is set for growth say some Wall Street analysts as the firm adds subscribers amid stay-at-home policies around the world, which could also see the world’s largest streaming service to hike prices in the coming next year. Its leading position in streaming video with a library of thousands of programs, ranging…

A global health crisis and financial scandals have not curbed enthusiasm for Chinese IPOs in the US

Galina Mikova

Despite a difficult period for Chinese companies over the last month, interest in cross-border listings remains strong. Chinese initial public offerings (IPOs) in the US made up about a fifth of IPO proceeds in America in the last three months, raising $3.3bn in the first quarter, the most in three years, according to investment bank…