As Black Friday approaches, retailers lobby states to stay open
10 Social Selling Best Practices for the New Normal
COVID-19 drastically changed how non-essential businesses promote their products and services to their customers. Marketing strategies that may have been effective pre-COVID may no longer deliver the desired results now, especially as people’s habits for shopping and buying seemingly changed overnight. READ MORE
Wall Street Eyes More Job Cuts After Headcount Swells in 2020
The days of job security on Wall Street were short-lived.
Goldman Sachs Group Inc.’s second round of several hundred firings in the course of three months is another sign that the pandemic pause on layoffs just kicked the cost-cutting can down the road. The bank and its biggest rivals have started to trim small numbers, but 2021 is expected to bring deeper cuts. READ MORE
The Bitcoin Comeback: Is Crypto Finally Going Mainstream?
Don’t look now, but Bitcoin is back.
After a couple of big crashes that destroyed billions in value, the digital currency has rebounded to its highest value since January 2018, crossing $18,000 this week. READ MORE
Managers at a Tyson facility bet on how many of their workers would get sick with COVID-19
A wrongful death lawsuit alleges managers at the Tyson Foods pork processing facility in Waterloo, Iowa, bet money on how many workers would catch the virus during the early stages of the COVID-19 pandemic, according to an amended complaint filed on Wednesday, initially reported on by the Iowa Capital Dispatch. READ MORE
Tesla is morphing into more than a car maker
Elon Musk's Tesla is way more than just an electric-car maker, according to Morgan Stanley.
That's why the firm says the stock can continue to climb, building on its 428% advance this year, as it transforms to a software/connected vehicle services provider -- the “entry ticket” to a much larger business. READ MORE
Amid pandemic, big US retailers cash in as small business suffers
Walmart earnings are surging, Amazon is expanding into pharmacies and Wall Street indices are hitting record highs, but data released Tuesday shows traditional retailers struggling to keep up as the Covid-19 pandemic disrupts the US economy. READ MORE
Can your job make you get vaccinated?
News of promising Covid vaccines could get you back into the office sooner than you thought.
But can your employer actually require you to get vaccinated? READ MORE
Life on Mars? Elon Musk says Starship rockets 'designed to make life multiplanetary'
Target blows past expectations as digital sales, same-day services boom
Remote work is ‘here to stay’ — even with a vaccine, says former IBM CEO
Elon Musk is now an A-lister on Wall Street
Tesla has no shortage of doubters. But on Monday, the company got a stamp of approval from Wall Street that sends a clear message: It's time for the fast-growing electric carmaker to go mainstream. READ MORE
2021 Fortune 500 list will include D&I rankings
Fortune’s announcement follows an increase in employers self-reporting on D&I progress. PwC and Glassdoor, for example, released workforce D&I reports for the first time this year. And others, like the Washington Post, have promised to do so in the near future. READ MORE
Big Tech Snags Hollywood Talent to Pursue Enhanced Reality
Silicon Valley’s biggest companies are snapping up the people and technology behind some of Hollywood’s blockbusters in an effort to improve their augmented- and virtual-reality offerings. READ MORE
US economic growth shatters record at 33.1%, but fails to snap coronavirus recession
The U.S. economy grew at a record-shattering pace in the third quarter as businesses reopened from the coronavirus shutdown, but the nation remains in a deep hole from the COVID-induced recession. READ MORE
Big Tech Senate hearing winners and losers
Iowa whiskey distilled to help suffering restaurant community amid coronavirus
Wells Fargo explores sale of asset management business
Wells Fargo & Co is exploring a sale of its asset management business, in what would be the U.S. bank's biggest shake-up since former Bank of New York Mellon chief executive Charles Scharf joined as CEO last year, people familiar with the matter said on Thursday. READ MORE
Microsoft will let employees work from home permanently
Given the nature of Microsoft's business as a software and hardware creator, some employees with roles that require a physical presence won't be able to take advantage of the new "hybrid workplace" policy, according to the report. Employees involved in hardware research and development, for instance, or employees involved with in-person training, won't be able to do that work remotely. READ MORE