While Taylor Swift caught some flak after endorsing Vice President Joe Biden, Howard Stern is all about her relatively new political activism.
While Taylor Swift caught some flak after endorsing Vice President Joe Biden, Howard Stern is all about her relatively new political activism.
The company will give full-time US employees who work December 1st through to December 31st an extra $300 at the end of the year.
The statues and buildings vandalized on Wednesday and Thursday appear to have been targeted in protest of colonialism, gentrification and capitalism.
Dow Jones futures fell Thursday as AstraZeneca said it'll likely run another coronavirus vaccine study. A key gauge suggests investors are getting excessively bullish.
In a typical year, retail workers have plenty of reasons to hate Black Friday. The crowds, the combative customers, and the long hours all add up to a mall employee’s nightmare.Then came the pandemic.“We don't dare even considering refusing to work on Black Friday,” one worker, who like other retail employees interviewed for this story requested anonymity for fear of professional retaliation, told The Daily Beast of her job at The Children’s Place, a mall-based clothing store in Illinois.“We've already been informed that if we don't work that day, we are immediately terminated and no amount of contesting it will get our jobs back. We simply can't run the risk of losing our jobs when there are simply no more jobs to be had right now with shut downs and stores closing down due to lack of funds.”Black Friday, one of the busiest retail days of the year, is a competitive sport among some super shoppers. On COVID-free years, this crowd might camp outside Best Buy overnight or rush a store as soon as doors open. Retail workers have long shared accounts of aggressive customers haggling with them, even assaulting them when a deal didn’t go their way.This year, when densely-packed indoors spaces are synonymous with COVID-19 risk, some retail employees say they feel trapped into working in unsafe conditions with a special breed of pandemically reckless consumers.Walmart Workers Are Terrified of Enforcing Mask RulesNone of the employers named in this story returned requests for comment.Some stores and states have implemented new policies to prevent the spread of COVID-19. Walmart, where shoppers famously wait in long pre-dawn Black Friday lines, has announced that it will cap store capacity at 20 percent, and keep shoppers in single-file lines while they wait to enter. The superstore also started some of its sales earlier in the month, in an apparent bid to prevent massive crowds the day after Thanksgiving. A few other major retailers followed suit.But the extended shopping spree can backfire. A worker at at a Macy’s department store in California said her company had rolled out weeks-long Black Friday deals, only to see constant chaos.“The store traffic has been like Black Friday everyday,” she told The Daily Beast. “Nonstop lines.... The other day our store reached capacity, so managers were closing doors, and started to count people. But it shouldn’t get to that point.”She and some of her colleagues are uncomfortable working Black Friday, she said, but she feels pressed into coming to work for financial reasons: Like millions of Americans in the COVID economy, she experienced unemployment earlier this year.Holiday shopping can be a headache for grocery workers, too. A dairy stocker in an Iowa supermarket told The Daily Beast that customers often lose their cool around Thanksgiving.“When it comes to the holidays in general, customers suck. Large crowds of last-minute shoppers, entitled Karens, and nonstop stress,” she said. “I pray to God that this year a majority of customers will use our online shopping service and stay home.”That worker said she was only working the unenviable Thanksgiving and Black Friday shifts because her store offered a 10 percent bonus for those days. “As a college student I’ll take what I can get,” she told The Daily Beast.Another mall worker said Black Friday clientele worried him more than normal shoppers.“My mall seems to be quite busy, so during holiday hours I can only imagine it getting worse,” he told The Daily Beast. “The people who come to shop at the mall worry me the most because: Why do they even need to indulge during a pandemic? Can’t you just find a way to limit your exposure while getting presents in a safe way?”Despite nearly a year of coronavirus, Americans’ shopping habits are still on the rise. In a Monday announcement, the National Retail Federation said it expected as much as a five percent jump in November and December spending, compared to those months in 2019. And not all the cash flow is coming from online sales, which have soared since the virus swept the country; stock prices for mall conglomerates and mall-based retailers like Gap and Macy’s are up, based on predictions that shoppers will flock to IRL stores this holiday season.Those shopping surges coincide with a terrifying COVID-19 spike. United Food and Commercial Workers, a union that represents grocery and retail workers, announced on Monday that at least 350 of its union members have died of COVID-19 this year. The union is calling for huge increases in protective equipment for workers, as well as hazard pay and paid sick leave.“Simply put, frontline workers are terrified because their employers and our elected leaders are not doing enough to protect them and stop the spread of this virus,” UFCW president Marc Perrone said in a press call. “As holiday shopping begins this Thanksgiving, we are already seeing a huge surge of customer traffic. Unless we take immediate actions beginning this holiday week, many more essential workers will become sick and more, tragically, will die.”Instead of successfully rolling out more protections, however, some stores are struggling to enforce their existing anti-COVID policies.“Iowa is one of the worst states when it comes to COVID. I’ve seen people come into the store in large groups, no masks, and getting too close for comfort,” the grocery store worker said. “A lot of times when the store gets really busy, I’m called to help bag groceries upfront since we’re understaffed.”“People are not following guidelines,” the Macy’s employee added of mask mandates in her store. “We have a Starbucks in our store, [and] people are walking around drinking and eating with their mask off. If restaurants have to shut down outdoor dining, I don’t understand why we still have our Starbucks open.”Mask-resistant customers are a constant complaint of retail workers. Employees at Walmart and Target previously told The Daily Beast that their stores were making workers enforce mask rules, placing them into conflict with shoppers who spit and swore at them.The issue is ongoing, the Children’s Place worker said.“We have customers that think they're invincible, immune to this very deadly virus, and that gives them the sense that they have entitlement to not wear a mask or practice social distancing,” she said. Even on the best days, customers ignore signs and floor markers that encourage social distancing, the worker noted.Enforcing such rules is even more challenging at a children’s clothing store, she said, and asking parents to place masks on their children means risking the shopper filing a complaint with the store manager.Still, on Friday, the store’s sales will be on—and she and her colleagues will be left taming the crowds.“They have decided that Black Friday will remain on Black Friday, seemingly not caring about the fact that we are experiencing a deadly pandemic,” the Children’s Place worker alleged. “It feels like profits are more important to them then our lives and safety.”Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
Find all the top Nintendo Switch bundle deals for Black Friday & Cyber Monday 2020, featuring offers on Nintendo Switch & Switch Lite bundles
Black Friday 2020 deals researchers have monitored all the latest Fossil watch deals for Black Friday & Cyber Monday 2020, featuring all the top sale
Detroit Lions QB Matthew Stafford knelt during the national anthem on Thanksgiving Day. In September, he explained why he chose to join teammates.
Philadelphia police are investigating a triple shooting in the city's Strawberry Mansion neighborhood on Thursday afternoon.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 817 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September 30th, 2020. […]
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
(Bloomberg) -- Mitsui Fudosan Co. is poised to make a bid for Tokyo Dome Corp., helping the operator of one of Japan’s largest stadiums push back against activist investor Oasis Management Co.The Japanese real estate company is preparing to make a tender offer of about 100 billion yen ($960 million) for Tokyo Dome, people with knowledge of the matter said, asking not to be identified before an announcement. Yomiuri Shimbun, the owner of the Tokyo Giants baseball team, is planning to join the bid, one of the people said.The boards of Mitsui Fudosan and Tokyo Dome will discuss a tender offer at respective meetings on Friday, the companies said in separate statements. They said they weren’t the source of media reports. A spokesman for Yomiuri Shimbun wasn’t immediately able to comment.Tokyo Dome has been fending off a campaign by Seth Fischer’s Oasis Management to seek changes to improve its business. As the stadium operator’s largest investor, the hedge fund has called for a shareholder meeting to vote on whether its president and two board directors should stay in their jobs. Shareholders are scheduled to meet on Dec. 17.The plan is for Mitsui Fudosan to make the tender and sell part of the shares it obtains to Yomiuri, the person said. Yomiuri, the publisher of Japan’s biggest newspaper, wants to streamline its baseball business by owning both the Giants team and the stadium where it’s based, the person added.‘Somewhat Positive’Shares of Mitsui Fudosan rose 2% in Tokyo on Friday morning. Tokyo Dome was untraded and bid at its daily upper limit of 1,047 yen per share on a glut of buy orders.A takeover would be “somewhat positive” for Mitsui Fudosan, Masashi Miki, an analyst at Citigroup Inc., wrote in a note. “The deal would allow it to acquire prime city center real estate and would also lead to ROE improvements, given the scale of the acquisition.”Shares of Tokyo Dome have dropped 17% this year, giving it a market value of about 86 billion yen. Its prospects have dimmed since the coronavirus pandemic forced the operator to curtail activities and attendances at the stadium.Hong Kong-based Oasis has a 9.6% stake in Tokyo Dome, according to data compiled by Bloomberg. That means any tender offer could gain the requisite approval of two thirds of shareholders without the fund’s consent.(Updates with Yomiuri Shimbun’s role in the second paragraph, shares in sixth)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting […]
The holiday post comes just weeks after the two were spotted arm-in-arm on Santa Barbara Beach
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts usually don’t make them change their opinion towards a company. This time it may be different. The coronavirus pandemic destroyed the high correlations among major industries and asset classes. We are […]
Our list of the top gaming PC deals for Black Friday & Cyber Monday, including all the best savings on iBUYPOWER, CyberPowerPC and more
The latest Black Friday & Cyber Monday SodaStream deals for 2020, including bottles, sparkling water makers & more discounts Compare the best SodaStream deals for Black Friday & Cyber Monday, together with the latest sparkling water maker bundles & kits, carbonating cylinders and more savings. View the best deals listed below.Best Sodastream Deals: * Save up to 44% on SodaStream products at Walmart \- check live prices on SodaStream Sparkling Water Maker bundles, carbonating bottles, and flavor mixes * Save up to 41% on SodaStream sparkling water maker, bottles, and more at Amazon \- click the link to check the latest deals on sodastream products including the Fizzi One Touch Sparkling Water Maker Bundle * Save up to 44% on SodaStream Sparkling Water Maker machines at SodaStream.com * Save up to 44% on SodaStream sparkling water makers and more at Target.com \- check live prices on SodaStream products including the Fizzi One Touch Sparkling Water Maker and a wide range of flavor syrups * Save up to 41% on SodaStream sparkling water makers at Amazon \- check the latest deals which includes discounts on bundles and the SodaStream Cool Sparkling Water Maker Starter Kit * Save up to 44% on SodaStream Sparkling Water Maker kits at Walmart \- includes discounted prices on bundles, SodaStream flavor syrups, and carbonating bottles * Save on SodaStream Sparkling Water flavors at SodaStream.com \- see the latest prices on all flavor syrups for your SodaStream Sparkling Water MakerIn need of some more deals? Check out Walmart’s Black Friday & Cyber Monday sale and Amazon’s Black Friday & Cyber Monday deals to view more live savings. Retail Egg earns commissions from purchases made using the links provided.About Retail Egg: Retail Egg shares e-commerce deals news. As an Amazon Associate and affiliate Retail Egg earns from qualifying purchases.Contact: Andy Mathews (email@example.com)
Save on a range of unlocked cell phone deals at the Black Friday & Cyber Monday sale, including prepaid smartphone deals
After several tireless days we have finished crunching the numbers from nearly 817 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […]
Venture capitalist Fred Eshelman blasts group that launched failed court cases that couldn't come up with any evidence of rigged voting.
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]