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Location American Business News for 14 November 2020
I'm a 36-year-old luxury real estate agent in Park City, Utah, where the market is sizzling and we're seeing a huge influx of Silicon Valley workers Park City has luxury ski amenities and a small-town vibe, says Liza Story, who grew up there and says her work schedule is more hectic than ever.
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JetBlue Explores Fresh Marketing for a Post-Pandemic World

Wall Street Journal - 14 Nov 2020 00:58
JetBlue Explores Fresh Marketing for a Post-Pandemic World JetBlue Airways is considering switching advertising agencies after more than a decade as part of an effort to revive its marketing and cut costs, the company said.
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GamesBeat Decides is back with another new episode talking about PlayStation 5, Xbox Series X, and Nintendo's very strong October sales.
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Salesforce was supposed to become a diversity role model. Here's why its Office of Equality has struggled to move the needle. Salesforce is seen as a leader on social change, but four years after setting out to fix workplace diversity, insiders say it's seen little progress.
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Facebook Inc. Chief Executive Mark Zuckerberg disclosed that he sold nearly $50 million worth of social media company's stock this past week, as part of a predetermined trading plan.
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Another Grim New Record: U.S. Tops 180,000 New Infections Friday, Covid Cases Rising In All 50 States "These are our darkest days as a nation. They are our darkest days as a state," said Colorado Gov. Jared Polis.
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Berkshire Hathaway Is Becoming Its Own Elephant Investment

Wall Street Journal - 14 Nov 2020 16:00
The biggest purchase the conglomerate has made in 2020 is the purchase of its own stock. Until recently Warren Buffett eschewed buybacks.
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Sears Appears To Have Given Up On The Holiday Selling Season A recent visit to a Washington, DC area Sears store shows empty shelves and barely any acknowledgment of the upcoming Christmas season.
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The presidential election is over, and debate over tech, power, and what the Biden administration should look like is in full swing.
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25 luxury gifts that people are obsessing over this year From Diptyque candles to Golden Goose sneakers to the coveted Peloton, these are the expensive gifts people are obsessing over in 2020.       
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How to invest in tech stocks, a risky but fast-rising segment of the market Tech stocks, shares in technology companies, are fairly risky and volatile but offer great growth, consistently outperforming the S&P 500.
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Stock Market Hits Record on Biden Win and Vaccine Hopes

The New York Times - 14 Nov 2020 00:35
Stock Market Hits Record on Biden Win and Vaccine Hopes Money poured into equity markets after Joseph R. Biden Jr. was declared president-elect and Pfizer and BioNTech announced that their vaccine candidate was highly effective.
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Inside what a post-election Trump Tower might look like

Business Insider - 14 Nov 2020 16:45
Inside what a post-election Trump Tower might look like One apartment owner said that when President Donald Trump's political star began to rise, it was "terrible" in the building.
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A hot sauce company created the world's first touchless hot sauce dispenser after restaurants removed its bottles during the pandemic The dispenser and a half-gallon jug of Cholula will go on sale for consumers on December 1 for $130.
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Economic Demands Test Biden Even Before Inauguration

The New York Times - 14 Nov 2020 16:33
Economic Demands Test Biden Even Before Inauguration With the recovery slowing and coronavirus cases surging, Democrats must decide whether quick action on federal aid is more important than its scale.
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JPMorgan's quant chief shares 5 trade recommendations following Pfizer's vaccine 'game-changer' Monday saw the biggest single-day rotation into value stocks since 2008, but there's still room for cyclical sectors to rally, according to the bank.
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The largest retail REIT and mall owner in the U.S. is giving lenders on several of its shopping centers an early Christmas present: the keys back.
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IKON 2020 Honors Grit of Small Business Entrepreneurs

Small Business Trends - 14 Nov 2020 16:00
IKON 2020 Honors Grit of Small Business Entrepreneurs At its IKON 2020 event this week, Keap honored the grit of small business owners nationwide.
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Berkshire Hathaway Is Becoming Its Own Elephant Investment

Wall Street Journal - 14 Nov 2020 16:00
Berkshire Hathaway Is Becoming Its Own Elephant Investment The biggest purchase the conglomerate has made in 2020 is the purchase of its own stock. Until recently Warren Buffett eschewed buybacks.
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Meet the millennial cofounder of a jewelry brand that has partnered with the NFL and NBA and is on track to make $50 million in revenue this year One day, rapper Trippie Redd asked for a backward skull waterproof choker necklace decked out in diamonds. GLD designed one worth $100,000.
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With Revenue Up 267%, Can DoorDash Keep Growing In 2022? DoorDash could hit peak valuation when it goes public next month. With 2021 Covid-19 vaccines on the way, don't rush in to buy.
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A House On It is said that Elenor Roosevelt once dubbed Blagden Alley one of the the country's most despicable alley.
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