The coronavirus pandemic has been, to say the least, grim for business. Widespread layoffs and furloughs have prompted about 21 per cent of the US labor force to file for unemployment benefits since mid-March, and economists say the United States is likely already in a recession. And even as states begin to reopen, many of the jobs that have been lost may never come back.
Activision Blizzard said "Call of Duty: Modern Warfare," which came out in September, has sold more copies than any other "Call of Duty" title at this point after its release. Sales were $1.52 billion in the first quarter, up 21 per cent compared with last year's $1.26 billion. Sales this spring were driven by the breakout success of "Animal Crossing: New Horizons," a game set on an island utopia. The company sold more than 13 million units of the game in its first six weeks. The Nintendo Switch console also continues to be hard to find, with the company selling more than 21 million units during the last fiscal year.People can't stop sanitizing, bleaching and cleaning every nook and cranny of their dwellings.
In March and April, the sales of aerosol disinfectants jumped 230.5% and multipurpose cleaners 109.1 per cent from this time last year, according to research firm Nielsen.Peloton makes in-home workout products, including bikes and treadmills. Unsurprisingly, it reported Wednesday a blowout quarter: Revenue grew 66 per cent and membership for its app rose 30 per cent.
The results "exceeded our expectations," said CEO Ethan Brown. In the United States, retail sales grew 157 per cent compared with the same period last year. The plant-based meat company is in a strong position as it moves into the Chinese market and as the US faces a national meat shortage.3M said the virus spurred "strong growth" for its personal safety products, including gowns and the N95 respirator masks needed by medical professionals.
There should be a special tax on any business that's making above normal profits right now.
You forgot fabric and quilt shops.. they cant keep up with fabric and elastic for masks. Really.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Workers at New York hospital gifted free vacations for efforts to combat COVID-19Thousands of employees at a hospital in the epicenter of America's fight against the coronavirus are being rewarded for their hard work. I’m thrilled for them! What a wonderful gesture for these hero’s that put their lives at risk for all of us, each and every day! 🙌🏼🥰 Where to? Wuhan I really hope it’s not an all expenses paid cruise 😳 Well deserved and needed. Hero’s that showed up to the fight each day!
Source: CTVNews - 🏆 1. / 99 Read more »
Lowest number of new COVID-19 cases reported in Ontario since MarchHealth officials reported another dip in new COVID-19 cases in Ontario on Sunday morning with 294 new confirmed cases. That always happens on the weekend. Less testing is done. But it sounds good...gotta get things poem....🙄🙄🙄🤔 Sure
Source: CTVNews - 🏆 1. / 99 Read more »
Vancouver’s long-term care homes test for variety of symptoms for COVID-19Medical health officer Dr. Michael Schwandt said they began testing broadly and often, and not just those who had classic symptoms of the virus
Source: globeandmail - 🏆 5. / 92 Read more »
False positive COVID-19 test results rare despite recent scares, experts sayThe spectre of headline-grabbing false-positive test results should not rattle the public's confidence in efforts to track COVID-19 in Canada, observers say. Despite a spate of recent examples including the false alarm in Nunavut, several experts insist the phenomenon remains rare given the scope of tests administered in the country. Breaking news: Der Spiegel reports that according to German intelligence, Xi Jinping asked WHO chief to hold info about human-to-human transmission & to delay a pandemic warning. Estimated cost: A loss of 4 to 6 weeks to fight the virus worldwide. One in Nunavut. 'experts'
Source: CTVNews - 🏆 1. / 99 Read more »
What it's like to travel on a plane in the era of COVID-19Flying in Canada during the time of COVID-19 requires a lot extra care, and CTV Senior Political Correspondent Glen McGregor gives a first-hand account on CTVNews.ca. We all just gonna car pool to hog town! No thanks! Sounds like a bunch of drama that doesn’t need to happen. But it’s the brain dead idiots hiding under the bed that need these placebos in place to make them feel “safe” while normal people with a brain with think this is stupid!
Source: CTVNews - 🏆 1. / 99 Read more »
Equine therapy riders in Edmonton face impacts of COVID-19 restrictionsAn Edmonton family is expressing frustration because their 12-year-old daughter, who has a rare disorder, cannot access the horse therapy she needs.
Source: GlobalNational - 🏆 81. / 51 Read more »