Hello Everyone, I hope that this note finds you all healthy and well. This pandemic and resulting isolation has reminded us of the deep need for human connections, people’s adaptability and...
FedEx profit leaps on rate hikes, e-commerce shipments
U.S. delivery firm FedEx Corp on Thursday said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.
'Fauci Effect' Drives Medical School Interest As U.S. Faces Physician Shortage : NPR
The pandemic put a spotlight on health care workers and inspired many to pursue a career in medicine. The record number of applicants comes as the U.S. faces a projected shortage of physicians.
Retail recovery is uneven, National Retail Federation CEO says
National Retail Federation CEO Matthew Shay said the rebound is uneven with big-box retailers like Walmart and Home Depot reporting strong sales and small or mid-sized businesses struggling.
The Rich Have Stopped Spending And That's Tanked The Economy: New Study : NPR
While retail sales bounced back in May after a deep drop in March and April, the wealthiest Americans are not spending as freely as they did before the pandemic. And that could limit the recovery.
Coroanvirus: Bain report on global luxury sales for 2020 and beyond
Bain predicted a full-year contraction between 20% to 35% for the personal luxury market that includes clothes, jewelry, watches, beauty products, and accessories.
EA reports strong June quarter with revenue up 21% to $1.46 billion | VentureBeat
Electronic Arts reported financial results that beat expectations, with revenue growing 21% to $1.46 billion for the first fiscal quarter ended June 30.
Campbell's soup sales are booming as people stock up - CNN
As people stocked up for an unknown future and sheltered in place because of the coronavirus pandemic, they reached for soup — and helped spark a turnaround for Campbell.
QoD: Guess the percentage of each age group that has their driver's license: 16 year olds? 17 year olds? 18 year olds? - Blog
Answer: 16 year olds: 25.6% 17 year olds: 49% 18 year olds: 60.9% Questions: When did you get your driver’s license OR when do you plan to get your license? What factors determined/will determine when you get your license? When it comes to auto insurance, do you think the cost of insuring a 16 year old is higher or lower then insuring an 18 year old? Explain your answer.
Scooter ridership resilient as workers remain absent from Detroit
Despite the hollowing out of workers in downtown Detroit during the COVID-19 pandemic, e-scooters have remained resilient. Prior to the outbreak, the future of the rentable e-scooters that stormed cities across the U.S. in 2018 seemed wobbly. In January, San Francisco-based Lime laid off 100…
Into the woods: Pandemic fuels rising interest in hunting. Can it last?
On Sunday, as many as 76,000 new hunters will disperse across Michigan's leaf-covered meadows and oak forests in search of bagging their first whitetail deer. The COVID-19 pandemic forced many across the state, and the U.S., to abandon some preferred pastimes — such as keeping a scoresheet from…
With UM, MSU set to kick off football season, pandemic-stricken businesses hope for boost
Bars and restaurants, hamstrung for months by the coronavirus pandemic, are both eagerly and anxiously anticipating the delayed return of Big Ten football Saturday.The University of Michigan opens away at Minnesota while Michigan State University begins the season at home against Rutgers University…
3M Benefits From Higher Demand for Face Masks, Consumer Goods - WSJ
The manufacturer’s sales for personal products are booming, as hospitals buy face masks to protect health workers from Covid-19 and people sheltering at home purchase more cleaning supplies and painters’ tape.
Domino's Pizza looks to hire 350 in metro Detroit as sales remain strong
Domino's Pizza Inc. is looking to hire 350 people across metro Detroit in a national push for more employees as diners continue to turn toward takeout and delivery options during the monthslong COVID-19 pandemic.The Ann Arbor-based pizza giant has 20,000 job openings across the country, from…
Life without football will trounce college-town economies
It's hard to overstate the importance of football to America's college towns.So far, two of America's so-called Power Five athletic conferences — the Big Ten and Pac-12 — have nixed their fall football seasons over coronavirus worries, although they're considering restarting in spring…