Check out the companies that are making the headlines in midday trading. Nikola – The electric vehicle maker’s shares were down 8.5% as shares continued to decline following the announcement of the end of a garbage truck development deal with Republic Services. The stock lost 10.7% on Wednesday. Wedbush Securities called the announcement “a tough…

Jamie Foxx addresses Joe Gardner in Disney Pixar’s “Soul”. Disney The entertainment industry has been rocked by the coronavirus pandemic. Big blockbusters that were slated to hit theaters in 2020 were largely postponed to 2021, and those that weren’t used to replenish the big studios’ streaming services. As Covid cases continue to rise, many cinemas…

This holiday season, gift card spending could spike, and that could help boost retail sales over the next year, former US President and CEO of Walmart Bill Simon told CNBC on Thursday. Payment service Blackhawk Network found in a survey that shoppers spent an average of around $ 313 on gift cards during the holidays.…

After a bloody year for the aviation industry, Peter Ingram, CEO of Hawaiian Airlines, told CNBC that he believes it can only be done from here. Airlines have spent much of 2020 cutting routes and cutting flights as the demand for travel has fallen due to the coronavirus pandemic. However, companies like Delta and United…

A view of the signage leading to one of the testing centers at Heathrow Airport on December 22nd, 2020 in London, England. Joseph Okpako | Getty Images News | Getty Images The United States will require people traveling from the UK to test negative for Covid-19 no later than 72 hours prior to departure, the…

A visitor tries a plant-based meat substitute at the Restaurant & Bar and Gourmet Asia Expo at the Hong Kong Convention and Exhibition Center in Hong Kong on November 11, 2020. Peter Parks | AFP | Getty Images SINGAPORE – The demand for meat alternatives has increased and will continue to increase, but the industry…

A person holds a vial of Pfizer-BioNTech Covid-19 vaccine at the University of Louisville Hospital in Louisville, Kentucky, United States on Monday, December 14, 2020. Scotty Perry | Bloomberg | Getty Images The US states are eagerly awaiting billions of federal funds to fund their vaccine distribution plans, which are currently being implemented in Washington…

Gal Gadot plays Wonder Woman in “Wonder Woman 1984”. Warner Bros. Can a nostalgic superhero movie convince people to leave their couches and go to the theaters? “Wonder Woman 1984” tries to answer this question. Cinema owners are confident that the sequel to Wonder Woman, due out on Christmas Day, will attract a major demographic…

The $ 900 billion coronavirus aid package includes a long-awaited move to send aid to struggling independent theaters and music venues. But now these cultural centers and small businesses are waiting for help again. The measure was supposed to become law this week, but President Donald Trump on Tuesday threatened to blow up the deal,…

A car dealer shows customers a vehicle at a dealership in Jersey City, New Jersey. Angus Mordant | Bloomberg | Getty Images New vehicle sales in the US are projected to decline by at least 15% this year in what would mark one of the worst annual declines in the industry since at least 1980.…