Executives from Fortune 500 corporations say they are planning to intervene if Democrat Joe Biden is not inaugurated into office by January 20, 2021.
A report by CBS News states that in a conference call late last week, Fortune 500 executives were planning to step in on behalf of Biden to pressure Republican lawmakers if President Trump holds up the former vice president’s transition.
CBS News reports:
But if Mr. Trump tries to undo the legal process or disrupts a peaceful transition to Biden, the CEOs discussed making public statements and pressuring GOP legislators in their states who may try to redirect Electoral College votes from Biden to Trump, said Yale Management Professor Jeffrey Sonnenfeld, who convened the meeting. [Emphasis added]
Walmart beginning Saturday is resuming monitoring and counting the number of customers entering its stores, to make sure it doesn’t exceed capacity limits, as coronavirus cases surge at record rates across the country.
Dating back to April, Walmart has been restricting the number of people in its big-box stores to not exceed five customers per every roughly 1,000 square feet, or about 20% of a store’s capacity. Those levels can also vary based on local mandates, the company said.
For a period of time, however, the biggest retailer in the United States had stopped physically counting people as they came inside and left.
Target has re-opened its looted Minneapolis store that was completely ransacked during the George Floyd riots over 5 months ago with the goal of catering more to black shoppers and being less “racist.”
According to a Bloomberg report, there is now a new “mural” at the entrance of the store and it has been completely remodeled by a contracting company owned by a Somali-American woman in order to make it more welcoming for black people.
The store will also stock more products made by black-owned brands.
Reform Party leader Nigel Farage warned that the UK is heading towards “mass business bankruptcies” and “massive unemployment”, while Jeff Bezos and Amazon reap the rewards of Prime Minister Boris Johnson’s second national lockdown.
During the Chinese coronavirus pandemic, Amazon has seen its profits in the third quarter triple to $6.3bn (£4.8bn), with a 37 per cent rise in sales globally, thanks in large part to lockdowns introduced by governments across the globe preventing consumers from visiting physical shops.
In the UK, the tech giant is planning to hire some 20,000 seasonal workers during the Christmas period, while many small businesses remain shuttered and under lockdown.
A video out of Wales shows a furious shopper in a branch of Tesco tearing away plastic sheeting used to cover “non-essential” goods while decrying a COVID lockdown that is robbing people of “basic human needs.”
As we highlighted yesterday, photos began emerging of bedding and other supermarket items deemed “non-essential” being covered with plastic sheeting to prevent people in Wales from buying them.
Now a new video has emerged of an irate Welshman tearing down similar sheeting in a branch of Tesco in Bangor last night.
“Since when have clothes been exempt?, rip the f***ers off… kids’ f***ing clothes, it is a disgrace,” said 28-year-old Gwilym Owen as he tore away the sheeting.
Zoom Video Communications shares have rallied an astounding 600% this year, in perhaps the single-most vivid example of a business that has blossomed during the Covid-19 pandemic. The company had revenue growth in its latest quarter of a hard-to-fathom 355%, driven by huge growth in videoconferencing amid a widespread shift to working and learning from home.
That rally has transformed Zoom (ticker: ZM) into one of the market’s most expensive stocks by most measures—the stock trades for about 200 times current fiscal year estimates earnings and almost 60 times estimated current year sales.
Nonetheless, Mizuho Securities analyst Siti Panigrahi on Friday picked up coverage of Zoom shares with a Buy rating and $550 target price. The stock was trading around $492 Friday afternoon.
American Airlines has come under criticism from employees who were told that the company now encourages them to wear black lives matter apparel on their uniforms, and is having badges made specifically for this purpose.
“We are working with our Black Professional Network on designing a specific pin that may be worn with the uniform. In the interim until this pin is produced, to recognize the significance of this moment in history, we are allowing people to wear a Black Lives Matter Pin,” Jill Surdek, senior vice president for flight services, announced.
The New York Post reports that some employees and their relatives are disgusted by American promoting a group that engages in violence.
“I take offense to this,” a long time flight attendant reportedly complained to management, adding “Serious offense. My husband is a LEO (Law Enforcement Officer), as was my deceased father and as far as I’m concerned ALL LIVES MATTER.”
The Halloween Horror Nights rumor mill is bubbling today, with fans eager for some form of spooky action in the parks with the start of Halloween season.
Rumored to being next week, two houses are expected to open during the day at Universal Studios Florida. If you look closely at recent park hour changes, September 19 now lists an 8:00 PM close for the park. The new offering would be available only on Saturdays at first, and then Wednesday through Saturday starting in mid-October. No details are available on the logistics of exactly how these houses would work in light of new health and safety measures.
Amazon is in search of “intelligence analysts” capable of tracing “threats” from organized labor, according to two recently surfaced job listings, which the company swiftly deleted after they received attention from the press.
The two job listings said the company was in search of new intel analysts for its Global Intelligence Program, both of which were to be based in the Phoenix, Arizona area.
One of the employees would be tasked with tracking “sensitive topics that are highly confidential, including labor organizing threats against the company,” as well as “funding and activities connected to corporate campaigns (internal and external) against Amazon” and other “dynamic situations,” such as protests and geopolitical crises.