Thursday, October 1, 2020

U.S. stocks had a strong third quarter. Here's why. - Marketplace

The stock market in the quarter that just concluded generally did very well, despite, well … everything.

Nova Safo: It's been a volatile quarter . And we've seen some pullback. But, overall, the S&P 500 gained 8.5%, the Dow is up 7.5% and the Nasdaq is up 11% for the quarter. And the Nasdaq is a tech-heavy index, and we know that Big Tech has done very well . Apple's market valuation hit $2 trillion.

Tesla's stock almost doubled — it's market valuation is now at $400 billion. And, for perspective, you took Ford and GM, added them together and multiplied by five, you'd still fall short of Tesla.

Publisher: Marketplace
Date: 2020-10-01T13:43:34-07:00
Twitter: @Marketplace
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Not to change the topic here:

Disney+ now lets you watch with others on different devices - Marketplace

Disney announced Tuesday it plans to lay off 28,000 employees at its theme parks , where business has been hammered by the pandemic. So the company is, of course, also looking to grow a part of its business that has been boosted by the increase in people staying at home: its streaming service Disney+.

“It really makes it feel like you're doing it all together, laughing about it together,” Mahler said. “Sometimes we'll all pause it together and someone will be like, 'Oh my gosh that reminds me of something that happened,' so we can like tell stories about it.”

Publisher: Marketplace
Date: 2020-10-01T11:02:32-07:00
Twitter: @Marketplace
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Precisely Announces Datasets Available Through Snowflake Data Marketplace - Odessa American:

Precisely Announces Datasets Available Through Snowflake Data Marketplace Associated Press |

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The datasets now available on Snowflake Data Marketplace include some of Precisely's most sought-after data products, including:

The tools within these datasets help to provide consistent and correct location information for conducting analysis with confidence while avoiding costly mistakes.

"Better data enables better decisions. Putting high-quality data into the hands of more and more users via Snowflake enables organizations to realize the return from their data investments. We are already working on how we will add more value to Snowflake users through our datasets," said Eric Yau, COO at Precisely. "There's a massive market for managing and analyzing data– it's no secret Snowflake is a leader in this marketspace.

Publisher: Odessa American
Date: FC78D2861106382E17EA9DBADCE546CF
Twitter: @OdessaAmerican
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COVID-19 threatens to make poverty in Mexico worse - Marketplace

Marcelo Delajara, an economic researcher at the think tank Centro de Estudios Espinosa Yglesias, said about 46% of Mexico's population is low-income. The country has high inequality and low social mobility.

* * *

Delajara said the economy wasn't growing before the pandemic, and it was damaged by the Trump administration's threats on trade. Now, with COVID-19,  he said almost 1 in 5 people in the labor force have lost their jobs. And there's little that the government provides for relief. Mexico doesn't pay unemployment insurance .

Publisher: Marketplace
Date: 2020-10-01T10:39:29-07:00
Twitter: @Marketplace
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In case you are keeping track:

2021 United States Food & Beverage Marketplace Guide: Detailed Contact Information for 80,000

DUBLIN , Oct. 1, 2020 /PRNewswire/ -- The "US Food & Beverage Marketplace" book has been added to ResearchAndMarkets.com's offering.

This information-packed set is the most powerful buying and marketing guide for the U.S. food and beverage industry. Anyone involved in the food and beverage industry needs this industry bible on their desk to build important contacts and develop critical research data that can make for successful business growth.

* * *

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: Research and Markets
Twitter: @PRNewswire
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October closes $300 million in new funds for its SME lending marketplace – TechCrunch

French fintech startup October has raised some fresh capital to invest in small and medium companies on its lending platform. Overall, the company has gathered $300 million (€258 million) from various partners that will be deployed over the next few years.

On the other side of the marketplace, individuals can contribute to SME financing. But the startup has been relying more and more on institutional investors looking for different types of assets to diversify their investment portfolios.

logo
Publisher: TechCrunch
Date: 2020-09-30 01:52:22
Twitter: @techcrunch
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Disney laying off 28,000 employees, mostly at theme parks - Marketplace

Disney employs about 100,000 workers at its U.S. theme parks . The company says two-thirds of those who will be laid off are part-time employees.

The head of Disney's theme parks unit said in a statement that uncertainty over the pandemic's duration had made cuts unavoidable, while also blaming California's “unwillingness to lift restrictions that would allow Disneyland to reopen.”

In Florida, Walt Disney World is open at limited capacity after the company reached a deal with unions representing workers there on various health safeguards.

Publisher: Marketplace
Date: 2020-09-30T13:59:18-07:00
Twitter: @Marketplace
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How COVID-19 repurposed city streets - Marketplace

As cities shut down this spring, transportation officials around the country experimented with different ways of using streets.

Seattle, Boston, Minneapolis and Oakland were among those cities that closed streets to vehicle traffic to allow more space for social distancing. Los Angeles, Chicago, Houston and many others launched " Slow Streets " initiatives aimed at opening up neighborhoods for walking, biking and rollerblading, and many have implemented programs allowing restaurants to use street space for outdoor dining . 

Publisher: Marketplace
Date: 2020-09-30T20:27:30-07:00
Twitter: @Marketplace
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