Target and Walmart prove the pandemic e-commerce surge won’t reverse

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Walmart and Target both reported stellar third-quarter earnings this week, sending their shares soaring. And once again, the biggest headline for both was e-commerce. Walmart (WMT) said its online sales rose 79% in the quarter. Target (TGT) said its online sales rose 155%. Source: Yahoo.Finance.com – video report Date: Nov 20, 2020 Link: https://ca.finance.yahoo.com/news/target-and-walmart-prove-the-pandemic-ecommerce-surge-wont-reverse-133454888.html Questions for discussion:… Read more »

8VC founder Joe Lonsdale on why he decided to move this company from California to Texas

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Description: 8VC founding partner and Palantir co-founder Joe Lonsdale wrote in an op-ed for the Wall Street Journal this week about why he decided to move his company from California to Texas. He joins ‘Power Lunch’ to discuss what tipped him over the edge and the reasons behind the decision. Source: CNBC.com – video report… Read more »

Richard Branson Beats Elon Musk: Virgin Hyperloop Makes History With First Crew Test (Video)

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Description: A couple of company employees took a ride on the first new form of transportation in more than a century. Source: Entrepreneur.com – video report Date: Nov 10, 2020 Link: https://www.entrepreneur.com/article/359390?utm_source=newsletter&utm_medium=email Questions for discussion: How will this form of inter-city transportation affect where we live and work? How will the transportation industry (trucking, air… Read more »

Apple Puts Key Contractor on Probation Over Labor Abuses in China

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management.

Description: The technology giant said it had suspended future business with the iPhone assembler Pegatron pending corrective actions. The Taiwanese manufacturer broke rules limiting student employee work hours. Source: NYTimes.com Date: Nov 09, 2020 Link: https://www.nytimes.com/2020/11/09/business/apple-china-pegatron.html Questions for discussion: What is the potential damage to Apple branding due to this story? How should Apple management… Read more »

Pizza Hut to launch Beyond Meat sausage topping in the U.S.

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Description: Pizza Hut is adding Beyond Meat’s meat-free sausage to its U.S. menu. Starting Tuesday, customers of the Yum Brands pizza chain can order the Beyond Italian Sausage Pizza or the Great Beyond Pizza. The main source of protein in Beyond’s meatless sausage is from peas, rather than animals. Source: CNBC.com Date: Nov 10, 2020 Link: https://www.cnbc.com/2020/11/10/pizza-hut-to-launch-beyond-meat-sausage-topping-in-the-us.html Questions for discussion:… Read more »

E-commerce growth will continue long after we have a vaccine: Shopify president

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Harley Finkelstein, president of Shopify joins BNN Bloomberg to discuss how the company has navigated COVID-19, and how more businesses are jumping on the platform. He says that when it comes to retail, the pandemic has accelerated a change we have all been anticipating for a while now. The Canadian tech darling saw revenue… Read more »

Lyft Co-founder on food delivery opportunities, future of ridesharing

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: Lyft Co-founder John Zimmer joins Yahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman to discuss how the ride sharing company is faring amid COVID-19. Source: Yahoo.Finance.com – video report Date: Nov 12, 2020 Link: https://ca.finance.yahoo.com/video/lyft-co-founder-food-delivery-153323158.html Questions for discussion: How well is Lyft managing during this time of covid? What are the ways Lyft… Read more »

Beyonce, Peloton strike multiyear content partnership, sending bike maker’s shares higher

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: The bike maker Peloton announced Tuesday morning a multiyear partnership with singer-songwriter Beyonce to produce exclusive content with her music for its streamed workout classes. Source: CNBC.com – video report Date: Nov 10, 2020 Link: https://www.cnbc.com/2020/11/10/beyonce-and-peloton-in-multiyear-content-deal.html Questions for discussion: Explain the fit between these two brands. Why has the stock done so well? What further advice… Read more »

The Capital of Sprawl Gets a Radically Car-Free Neighborhood

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: On an empty lot near Phoenix, perhaps the most auto-addicted city in America, a start-up is betting $170 million on a more walkable future. Source: NYTimes.com Date: Oct 31, 2020 Link: https://www.nytimes.com/2020/10/31/business/culdesac-tempe-phoenix-sprawl.html Questions for discussion: What do you think of this concept? Who do you think would be attracted to this style of living?… Read more »

Adoption of Communication and Collaboration Tools Has Surged

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Description: Roughly 69.0% of US companies with over 100 employees will use communication and collaboration tools this year, according to our estimates. That’s an increase of 15 percentage points from 2019, when 54.0% of such companies utilized these tools. Source: eMarketer.com Date: Nov 02, 2020 Link: https://www.emarketer.com/content/adoption-of-communication-collaboration-tools-has-surged?ecid=NL1001 Questions for discussion: Explain the greater increase in… Read more »