Yelp data shows 60% of business closures due to the coronavirus pandemic are now permanent

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Description: Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus pandemic’s economic toll. Source: CNBC.com – video report Date: Sep 18, 2020 Link: https://www.cnbc.com/2020/09/16/yelp-data-shows-60percent-of-business-closures-due-to-the-coronavirus-pandemic-are-now-permanent.html Questions for discussion: How has the covid pandemic affected business closures? Which businesses have been particularly hard hit? Are… Read more »

SPOS #738 – Matt Ridley On How Innovation Works

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Description: Here it is: Six Pixels of Separation – Episode #738 – Host: Mitch Joel. I had heard about Matt Ridley‘s work (The Rational Optimist), but we had not met until last year. I was invited to speak at a CEO summit for Google and their clients in Amsterdam. We had a short interaction, but after watching him present,… Read more »

With Working from Home Here to Stay, Expect These 5 Things to Change

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Description: From employees relocating where they live to retaining top talent, look out for these big changes in the employer-employee dynamic. Source: Entrepreneur.com Date: Sep 18, 2020 Link: https://www.entrepreneur.com/article/356222 Questions for discussion: What are the expectations for change in the workplace, according to the report? Do you agree with is assessment? Do you think there… Read more »

Incoming MEC CEO says store closures, merchandise changes coming after deal to take co-op private

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Description: VANCOUVER — The incoming chief executive of MEC understands the backlash against a deal to take the outdoor retail co-operative private, but hopes former members continue to shop there. Source: FinancialPost.com Date: Sep 16, 2020 Link: https://financialpost.com/news/retail-marketing/incoming-mec-ceo-says-store-closures-merchandise-changes-coming-after-deal-to-take-co-op-private/wcm/82f5a212-b1cc-4f7d-91c8-a66bf804c3b3/ Questions for discussion: What happened to MEC? Do you think management deserves the criticism from members? What… Read more »

The holiday shopping season could start on 10/10/2020 with retailers hopeful that consumers will turn out early

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Description: Forget Thanksgiving Day. The start to the holiday shopping season could be October 10, or 10/10/2020, according to Keith Jelinek, managing director in the retail practice at global consultancy Berkeley Research Group. Source: MarketWatch.com Date: Sep 16, 2020 Link: https://www.marketwatch.com/story/the-holiday-shopping-season-could-start-on-10-10-2020-with-retailers-hopeful-that-consumers-will-turn-out-early-11600197849?mod=home-page Questions for discussion: What is the basis for these notions of an earlier start… Read more »

Singapore to Pay Citizens for Keeping Healthy With Apple Watch

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Description: Apple Inc. and the government of Singapore have partnered on a two-year health initiative dubbed LumiHealth, which is built around tracking and rewarding user behavior through the Apple Watch gadget and an iPhone app. Source: Bloomberg.com – video report Date: Sep 15, 2020 Link: https://www.bloomberg.com/news/articles/2020-09-16/singapore-to-pay-citizens-for-keeping-healthy-with-apple-watch?srnd=premium-canada Questions for discussion: Describe the partnership plan between Apple, government,… Read more »

Electric vehicle start-up Lucid unveils Air sedan to take on Tesla

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Description: Electric vehicle start-up Lucid is touting its all-electric Air sedan as a more efficient, faster and spacious vehicle than the Tesla Model S, a car the company’s CEO Peter Rawlinson helped develop. Source: CNBC.com – video report Date: Sep 09, 2020 Link: https://www.cnbc.com/2020/09/09/electric-vehicle-start-up-lucid-unveils-air-sedan-to-take-on-tesla.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: How has the Lucid Air positioned itself in the electric… Read more »

Here are the companies set for growth from the boom in demand for e-bikes

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Description: Venture-capital firms are pouring money into e-bike and e-scooter startups, as the pandemic and social distancing measures escalate the popularity of urban mobility to help consumers and workers get around town. Source: MarketWatch.com Date: Sep 12, 2020 Link: https://www.marketwatch.com/story/coronavirus-places-alternative-transport-in-the-fast-lane-and-shifts-e-bike-and-scooter-development-into-high-gear-11599560318?mod=home-page Questions for discussion: Explain what is happening in this industry? Do you think this is… Read more »

Farming Rises, Sports Tumbles in U.S. Industry Ratings

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Description: WASHINGTON, D.C. — For the first time in Gallup’s 20 years of tracking Americans’ views of various business and industry sectors, farming and agriculture is the clear leader. Source: Gallup.com Date: Sep 08, 2020 Link: https://news.gallup.com/poll/319256/farming-rises-sports-tumbles-industry-ratings.aspx Questions for discussion: In general, how have industries and businesses been affected by the coronavirus? Are you surprised… Read more »

Tesla in talks to buy low carbon nickel from Canada, sources say

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Description: Giga Metals in talks with Tesla about helping develop a large low-carbon nickel mine Source: FinancialPost.com Date: Sep 11, 2020 Link: https://financialpost.com/commodities/mining/tesla-in-talks-to-buy-low-carbon-nickel-from-canada-sources-say/wcm/3de2b4e8-087a-4a40-b7f0-08f6394be08a/ Questions for discussion: What advantages does Canada offer to Tesla? Why would Tesla concern itself with mining development? How is this a social responsibility issue?