July 2021 ~ Business Gist Today

Friday 30 July 2021

Posted by Unknown - 08:38

The Daily Money: $100 to get vaccinated?

ALL THE MONEY NEWS YOU NEED TO KNOW

Friday, July 30

Good morning, it's Nathan wishing you a happy summer Friday!

💉 A few months ago, I wrote about a then-nascent trend of companies offering incentives – like donuts or free beer – to customers to get a COVID vaccination.

At the time, I asked a few experts whether the government should just pay people to get vaccinated. At least one ethicist said he'd be all for it, though he predicted it might generate some opposition.

We're about to see if it works. President Biden on Thursday endorsed states and localities using federal money to pay newly vaccinated people $100 each.

On to our ...

💡 INSIGHT OF THE DAY: If you binge-shopped online during the pandemic, you weren't alone. But those binges are starting to fade. Amazon on Thursday reported revenue in the range of $106 billion to $112 billion for the third quarter, less than the $119 billion analysts had expected. The reason? People are spreading out their spending a little more since they're out and about. A little more on travel and dining, a little less on shopping.

📰 And here are more stories you won't want to miss:

1. Walmart and Sam's Club employees are required to wear masks again in COVID hotspots. Customers? Not yet.

2. Got any dog food from the brands Triumph, Evolve, Wild Harvest, Nurture Farms, Pure Being and Elm? They might be subject to a new recall.

3. This couple's kids want them to hand over their inheritance early. Is that appropriate?

4. These five tips will help you keep your phone safe from hackers, scammers and nosy advertisers.

For example, you can turn on a setting that will erase your data after 10 failed passcode attempts.

Warning: This option is not recommended for anyone with little kids around who might start fumbling with your phone!

--@NathanBomey

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Ford to reinstate mandatory masks at Louisville plants

Daryl Sikes, plan manager of The Ford Motor Compan

Biden asks cities and states to send $100 to newly vaccinated

President Joe Biden arrives back at the White Hous

Am I selfish for rejecting my children's idea of early inheritance?

You wouldn't be out of line turning down your adul

Can your employer make you go back to the office amid new variant?

Some employees, fearful of COVID-19, might resist

Dog food recall issued over mold byproduct levels

P&G names Jon Moeller as CEO replacing David Taylor

FILE - This July 9, 2015, file photo, shows signag

Apple to require masks in half of its U.S. stores starting Thursday

Apple will require customers to undergo temperatur

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Thursday 29 July 2021

Posted by Unknown - 07:29

The Daily Money: Will your office make you come back?

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thursday, July 29

Good morning, it's Nathan back with you!

🚚 Trevor Milton, the founder of much-hyped hydrogen truck maker Nikola, was indicted this morning on fraud charges. I've interviewed Milton a few times over the years and each time was struck by how bullish he was about his company's prospects.

He told me in 2017 that diesel trucks would be dead in 10 years and told the world in 2019 that his company had made the most dramatic breakthrough in the history of battery technology. All of those claims are now being scrutinized amid allegations that Nikola exaggerated the state of its business to investors.

But what I remember most about Milton is this Wall Street Journal story on the $32.5 million home he bought: a 16,800-square-foot mansion on a gleaming 2,670-acre plot along the Weber River in Utah.

On to our ...

💡 INSIGHT OF THE DAY: Robinhood, the stock-trading platform that appeals particularly to young investors, is poised to go public today. Normally ordinary investors can't put their money into IPOs. That's not the case here. Robinhood – which, by the very nature of its name, has long positioned itself as a platform for the people – is reserving up to 35% of its shares for its app users. As with all things stock related, proceed cautiously. Volatility is a real possibility.

📰 And here are more stories you won't want to miss:

1. Can your employer make you go back to work despite the Delta variant? In a word, yes. But that doesn't mean they will. Check out my story on what to expect.

2. Stimulus money and COVID reopenings made a difference: The U.S. economy grew sharply in the spring, albeit slower than projected.

3. Bicycles have been hard to find during the pandemic: Here's what to look for if you're on the hunt.

4. McDonald's is launching another celebrity-themed meal: This time it's hip-hop artist Saweetie.

It includes McNuggets with ... wait for it ... "Saweetie 'N Sour" sauce.

I can't decide whether to roll my eyes or get into the drive-thru lane.

--@NathanBomey