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Anheuser-Busch Pulls Budweiser Super Bowl Ads
The beer giant said it would redirect funds to vaccine outreach.
Data and AI Belong At the Heart of ESG Initiatives
The primary cause of ESG failures is data: lack of data, lack of standards, and lack of understanding of how to use data.
Godiva to Exit All North America Stores
Demand for in-person chocolate shopping had “waned as a result of the pandemic and its acceleration of changes in consumers’ shopping behavior."
Instacart Fires Workers Who Formed Union
The job cuts are part of a wider round of layoffs that will affect more than 1,800 in-store shoppers.
Homebuilder Confidence Sags for 2nd Straight Month
“Despite robust housing demand and low mortgage rates, buyers are facing a dearth of new homes on the market, which is exacerbating affordability problems."
Microsoft, GM Strike Autonomous Vehicle Partnership
The companies hope to accelerate the commercialization of self-driving vehicles under GM’s brands.
U.S. Retail Sales Fall for Third Consecutive Month
"The further slump in retail sales in December confirms that the continued surge in coronavirus infections is now weighing heavily on the economy."
U.S. Government Blacklists Xiaomi and Cnooc
China’s leading smartphone maker and its third-biggest oil driller were added to the list of firms banned from American investment.
Unemployment Claims Jump
“This reminds us that the economic crisis has not gone away, far from it, at a time when multiple crises have been vying for our attention.”
Dropbox to Slash 11% of Workforce
The software company has been shifting to remote work, which "means we require fewer resources to support our in-office environment.”
U.S. Budget Deficit Climbs to $572B in Q1
The increase in the deficit reflected in part spending on coronavirus relief programs including enhanced unemployment benefits.
Oil Prices Rise as Suppliers Hold Back
U.S. crude oil prices rose above $50 per barrel for the first time since February.
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March 2, 2021
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March 1, 2021
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SEC to Update Rules on Climate Risk Disclosure
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