COVID has disrupted business travel, and with it one of the mainstays of hotels: corporate negotiated rates. And as Hotel News Now reported Thursday (April 14), that shift has left hotel sales and marketing staff working harder to accommodate corporate clients. “Early on, there was very little business travel and […]
Covid
China auto sales slump in March on COVID curbs, Tesla production sluggish
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A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. REUTERS/Aly Song/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, April 11 (Reuters) – China auto sales plunged in March as the country’s curbs to rein in COVID-19 outbreaks took their […]
How Covid Changed Business Travel Forever
Zoom meetings have fundamentally altered how and why people hit the road for work. Now “bleisure” and “return to base” are corporate travel buzzwords in the new normal. Just over two years ago, Romano Nickerson was traveling three days or more per week for client meetings and attending four conferences […]
Does Credit Card Travel Insurance Cover COVID Cancellations?
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Fashion Brands Hope Covid Will Banish End-of-Season Sales
Bargain hunters may have noticed stingy discounts on clothing this year. Fashion chains would like the trend to stick, although this will be challenging as inflation bites. On Friday, Swedish fast-fashion company H&M HM.B 5.05% Hennes & Mauritz reported much better profits for the quarter through November than analysts were […]
Expert panel sees more local recovery in 2022, but inflation, COVID pose challenges | Business
Lafayette fared well enough in a COVID-19 affected economy in 2021, recovering half of jobs that were lost here the previous year and creating new opportunities for large companies and small start-ups. On the whole, an expert panel at the Advocate’s Economic Outlook Summit 2022 saw brighter horizons for this […]
Pre-Approval, Business Intelligence, Non-QM, Reno Products; Workplace COVID Changes and Requirements
Pre-Approval, Business Intelligence, Non-QM, Reno Products; Workplace COVID Changes and Requirements Would you tie up your money for five years and earn 1.26 percent the whole time? That’s pretty much where the $57 billion 5-year Treasury note auction went off yesterday. (Keeping things almost misleadingly simple, think about […]
Covid surge threatens Europe’s economic recovery
So far, the new Covid-19 wave is having only a limited impact on business activity in the 19 countries that use the euro. The Purchasing Managers’ Index from IHS Markit, a key gauge of the economy, rose in November after slipping to a six-month low in October, according to data […]