Strategy

Strategy

Anheuser-Busch Pulls Budweiser Super Bowl Ads

The beer giant said it would redirect funds to vaccine outreach.
Analytics

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.
Strategy

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."
Strategy

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.
The Economy

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."
Strategy

Microsoft, GM Strike Autonomous Vehicle Partnership

The companies hope to accelerate the commercialization of self-driving vehicles under GM’s brands.
The Economy

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."
Global Business

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.
The Economy

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.”
The Cloud

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.”
The Economy

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.
The Economy

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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