Disney and Walmart mandate vaccines for employees
Disney and Walmart, two of America’s largest employers, announced Friday that they are requiring employees be vaccinated. Disney is requiring all its salaried and non-union hourly employees in the US to be vaccinated. Workers who are working on-site but are not yet vaccinated must do so within the next 60 days, according to a statement…… MORE
Consumer spending and incomes rose while a key measure of inflation dipped in June
A key measure of inflation showed price increases slowing down in June, while Americans’ incomes and spending rose — signaling better-than-expected momentum in the economic recovery. Even though prices continued to climb, albeit at a slower pace than expected, it didn’t weigh on American spending, the Bureau of Economic Analysis reported Friday. “That means the…… MORE
I mandated vaccines for my business. Here’s how it has paid off
This past spring, I established a rule requiring all 150 of my employees to be fully vaccinated against Covid, regardless of where they are working. Although our employees have been allowed to continue working from home, all of them need to be able to attend a meeting at the office if they’re called in. That…… MORE
The eviction ban is ending, putting millions at risk of losing their homes
Ronald Leonard expects the sheriff to arrive at the door of his Daytona Beach, Florida, home any day after the federal ban on evictions expires on Saturday. “I’m kind of a wreck,” said Leonard, a retiree who lives on a fixed income. “If I end up on the street, I’ll never survive.” Like many of…… MORE
Here are all the wildest allegations from the former Nikola chairman indictment
A truck with the doors duct-taped on. Ford pickups masquerading as something else. The head of a company running to google whether or not the thing he had just promised inventors was even physically possible. These are some of the wildest allegations from charging documents filed this morning against Trevor Milton, the founder and former…… MORE
How Nestlé, Keurig and Mattel are coping with inflation
As the global economic recovery from the pandemic gathers steam, big businesses are grappling with a formidable problem: What to do about rising prices? What’s happening: On earnings calls across time zones, corporate executives are lamenting the impact of inflation, pointing to higher costs for parts and materials, transportation and labor. Nestlé CFO François-Xavier Roger:…… MORE
Europe’s economy posts 13% growth as recovery accelerates
European economies posted stronger than expected growth in the second quarter, with consumer and business confidence booming as Covid-19 restrictions were eased. GDP across the European Union rose by 13.2% compared with the same period last year, and by 1.9% compared with the previous quarter, according to a preliminary estimate published Friday by the EU…… MORE
Fox says MyPillow CEO Mike Lindell has decided to ‘pause’ his pillow ads amid election crusade
Mike Lindell’s pillows have been propping up Fox News for years. But now the relationship is on “pause.” Here’s the context for the Thursday evening announcement: Lindell, the CEO of MyPillow, has had beef with Fox for months. He brought it up with The Atlantic’s Anne Applebaum when she interviewed him for a profile titled…… MORE
Microsoft CEO warns ‘people will vote with their feet’ when it comes to return-to-work policies
Major tech companies are rethinking their return-to-work policies as the spread of the Delta variant prompts a surge in Covid-19 cases across the country. This week, Google, Facebook and other companies took a firm stance on vaccine mandates, requiring all US employees to be vaccinated before returning to the office. But one tech giant, Microsoft,…… MORE
Melinda French Gates and MacKenzie Scott team up to give $40 million to support women
In a powerful philanthropic pairing, Melinda French Gates and MacKenzie Scott have teamed up to direct $40 million to advancing the power and influence of American women over the next decade. The donation is being awarded to winners of the Equality Can’t Wait Challenge, a competition hosted by French Gates’ investment firm Pivotal Ventures, with…… MORE
