Regal Cinemas Remain Closed: What is the Future of the Movie Theater Industry?

Recently, Regal Cinemas, the second-largest theater chain in the country, chose to close all their theaters in the US indefinitely due to rising COVID-19 cases. This closure will affect 45,000 jobs, with 40,000 of them in the US. Movie theaters run off of foot traffic, and with the rise in online streaming services, they are already struggling.

Read more

Newsom Signs Executive Order to Ban Sales of Gas-Powered Vehicles in California

By 2035, California will ban the sales of gas-powered cars statewide. This executive order was signed by Californian Governor Gavin Newsom on Wednesday, September 23rd as an effort to curb the ongoing climate crisis.

Read more

Why the Stock Market is Sliding

It is fitting that in a year as uncharacteristic as 2020, the stock market has experienced unprecedented volatility. When Wall Street opened its doors on January 2nd, no broker could have predicted that the Dow Jones would plummet 10,000 points over the course of three months, a historic meltdown that culminated in a 37% drop from the all-time high of 29,569.58 achieved in February. Such a nosedive was largely because of the Dow’s performance on March 12th, a day that investors refer to as “Black Thursday” due to the market falling 2,300 points.

Read more

Pin It on Pinterest