Fourteen percent of Americans whose income is under $40,000 do not have a bank account, according to figures published last year by the Federal Reserve. Apps like Venmo and Cash App can be used by Americans even if they do not have bank accounts.
-- Donie O'Sullivan, CNN Business
Thanks in part to temporarily loosened liquor laws, many small breweries were able to keep product moving and workers working by swiftly and seamlessly transitioning to take-out cans, bottles, growlers, and, in some cases, kegs.
-- Meredith Heil, Thrillist
The virus, which has spread worldwide, has now shuttered the gates of all eleven Disney theme parks across North America, Europe and Asia. The company also said that it will suspend all new departures with the Disney Cruise Line starting Saturday through the end of the month.
-- Frank Pallotta, CNN Business
Disney theme park revenue
Costco mails out the Connection to executive members every month for free. The magazine features cooking recipes, offers from Costco's travel and auto services, electronics and book reviews, ads for its Kirkland Signature private-label products, and a range of home, health and lifestyle original content.
-- Nathaniel Meyersohn, CNN Business
To be fair, numbers 1 through 3 are also free magazines.
The Walt Disney Co.'s theme parks are a strong division for the media giant, thanks to many additions such as Star Wars: Galaxy's Edge.The Burbank, California-based entertainment giant which owns and operates several theme parks...reported an 8% revenue increase in its theme park division to $7.39 billion for the first quarter of fiscal 2020, up from $6.82 billion last fiscal year.
-- Richard Bilbao, Orlando Business Journal
Many more automakers beyond Nissan are trialing subscriptions, like Mercedes-Benz, BMW, Porsche, Audi, Volvo, Cadillac, and Jaguar. Even the big car rental companies, Hertz and Enterprise, are getting in on the action.
-- Andrew J. Hawkins, The Verge
Its cloud division is still running behind the likes of Amazon and Microsoft, bringing in $2.6 billion in the quarter. In its most recent quarter, Microsoft (MSFT) made $11.9 billion from its Intelligent Cloud business, which includes its Azure Platform.
-- Daniel Howley, Yahoo Finance
in 2010, Daimler combined its Car2Go and Moovel services with BMW’s ReachNow. The ReachNow car sharing service shut down its Portland operations last summer and Car2Go shuttered its Portland operation shortly afterward.
-- Mike Rogoway, Oregonian