Tag Archives: closures

It has been a long and winding road during the pandemic for gym chain giant Planet Fitness, and its efforts to get through to the other side of the health mess shows. “I am extremely happy to say we lost no gyms in the pandemic. The industry lost 22% of the gyms open, closed permanently. We lost none,” Planet Fitness CEO Chris Rondeau said on Yahoo Finance Live.  Planet Fitness currently operates 2,254 locations in the District of Columbia, Puerto Rico, Canada, Panama, Mexico and… Source link

(Bloomberg) — A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing for another potential decline because of the latest shutdown at the Ningbo-Zhoushan port in China, a spokesman said. Anton Posner, chief… Source link

This month Wells Fargo (WFC) announced it was shutting down personal lines of credit, a lending product consumers could use to consolidate debt, pay for surprise expenses, or even use as a checking overdraft safety net.  The decision was made after an early 2020 review of its businesses, where the bank found that personal lines of credit weren’t as popular as loans, and only 40% of account holders had balances, a bank spokesperson told Yahoo Finance. (The main difference between a personal… Source link

Bloomberg Google’s Stadia Problem? A Video Game Unit That’s Not Googley Enough (Bloomberg) — Google’s streaming video game service Stadia had ambitious plans to disrupt the gaming industry, which is dominated by consoles. The tech giant had planned to pack Stadia with original content, announcing two years ago that it was hiring hundreds of game developers and starting studios in Los Angeles and Montreal.But those teams barely had time to get started before they were dismissed earlier… Source link