Search results
Results From The WOW.Com Content Network
Owned by the Medici family, it ran up large debts due to the family's profligate spending, extravagant lifestyle, and failure to control the managers. Mississippi Company: France: Sep 1720: Colonialism: Scottish economist John Law convinced the French government to support a monopoly trade venture in Louisiana. He marketed shares based on great ...
Industries across the globe have struggled in 2020, but there seems to be a light at the end of the tunnel. Companies can be broadly categorized into three types when it comes to their financial ...
Read: Experts Predict Which Industries Will Fail in 2021. Szczecin, Poland-November 2018: Amazon Logistics Center in Szczecin, Poland in the light of the rising sun,panorama. Amazon.
Surprise!
The video game industry layoffs are a part of the broader tech industry layoffs that began in 2023; [17] many such layoffs have been attributed to artificial intelligence, [18] although increased interest rates, reduced demand from consumers and excessive hiring during the COVID-19 pandemic have also been cited as causes. [17]
The phrase "retail apocalypse" began gaining widespread usage in 2017 following multiple announcements from many major retailers of plans to either discontinue or greatly scale back a retail presence, including companies such as H.H. Gregg, Family Christian Stores and The Limited all going out of business entirely. [18]
The airline industry took a sizable hit to the tune of $35 billion in 2020, according to CNBC. American Airlines’ stock dropped 45% in 2020, while Delta lost 31% and United plummeted 51%.
The company failed less than a year later when it became apparent that its technologies were fraudulent or misrepresented. Its founder had been a convicted felon who changed his name. PLX Technology: Shares rose fivefold within months of its IPO. Prodigy: An ISP whose stock price doubled on its first day of trading.