Wynn Resorts Details Coronavirus Damage

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Wynn Resorts Details Coronavirus Damage

Las Vegas-based Wynn Resorts Ltd. reported a net loss and a sharp drop in revenue, the latest casino operator to reveal how coronavirus shutdowns are hurting the gambling industry. On Wednesday, Wynn Resorts said operating revenue declined 42% to …
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Shopify surges past Royal Bank for title of most valuable company in Canada

Shares in Canadian e-commerce firm Shopify Inc. surged on Wednesday after the company said more and more businesses are signing up for its online selling platform during the COVID-19 pandemic. The Ottawa-based company reports in U.S. dollars and …
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Hyatt swings to Q1 loss, hit hard by pandemic

Hyatt Hotels Corp. swung to a first-quarter loss, hit hard by the coronavirus pandemic. Here’s what you need to know: LOSS: Hyatt swung to a first-quarter loss of $103 million, or $1.02 a share, from a year-earlier profit of $63 million, or 59 cents a share.
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Etsy expects face-mask sales to be a big financial boost, but stock falls from record high

Etsy Inc. etsy said Wednesday that sales of face masks on its e-commerce site led to huge growth in April sales, but first-quarter earnings disappointed investors and shares fell 8% in after-hours trading. Etsy reported profit of $12.5 million, or 10 cents a share, …
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Customer support, accounting drive SMB software spend amid pandemic

Dive Brief: Customer support and accounting needs mainly drive the acquisition of new software amid the pandemic, according to a survey of 503 small-
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