Wednesday, November 18, 2020

How might vaccine makers compete in the marketplace? - Marketplace

Moderna told investors in October it would have 20 million doses ready by the end of the year . Pfizer said it would have about 50 million by then .

He said initially the government is going to be the main buyer and distributor of these vaccines, which means “the distribution should be coordinated rather than competitive.”

* * *

“Then you might see some marketing competition between Pfizer and Moderna and whatever other manufacturers have a vaccine at that point as well,” he said.

Publisher: Marketplace
Date: 2020-11-17T13:49:08-08:00
Twitter: @Marketplace
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Forager to Expand Digital Marketplace Capabilities to More Shippers with Blue Yonder

Cross-border logistics startup to offer near real-time price and freight capacity thanks to Blue Yonder's dynamic price discovery service

Forager will also be able to offer its cross-border services to Blue Yonder's transportation management customers, who can seamlessly adopt and utilize the dynamic price discovery service. That's because the dynamic price discovery service offers side-by-side price comparisons, easy dynamic price quote retrieval and seamless price discovery workflows across contracted and non-contracted carriers.

Twitter: @Yahoo
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Slow retail sales growth is a bad sign for the economy - Marketplace

It is a truism that we repeat time and again on this program: As goes the U.S. consumer, so goes the U.S. economy. And recently, we've been seeing plenty of signs of weakness in the consumer economy. 

Consumer sentiment so far in November is down more than 5% from October and is some 20% below where it was this time last year.

New numbers on retail sales were released Tuesday . Sales were up three-tenths of a percent in October, but the gain was weaker than expected and much weaker than September’s.

Publisher: Marketplace
Date: 2020-11-17T22:42:25-08:00
Twitter: @Marketplace
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Will cold weather curb home improvement spending spree? - Marketplace

Home Depot’s quarterly earnings beat expectations Tuesday; Lowe’s reported Wednesday morning it saw same-store sales growth of more than 30% last quarter, and just beat earnings estimates. These stores have seen gains over the summer during the pandemic as lots of folks are occupying time at home with improvement projects. But winter is coming, so what will that mean?

Home Depot told investors that this summer, people spent a lot on big-ticket items — like riding lawn mowers and outdoor power equipment. But as Sonia Lapinsky, managing director at AlixPartners, points out, companies can't count on those one-time purchases in the future.

Publisher: Marketplace
Date: 2020-11-18T13:38:08-08:00
Twitter: @Marketplace
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Taylor Swift rerecording her old songs to control the licenses - Marketplace

It's another chapter in the long battle for musicians trying to hold onto their work: The master recordings of Taylor Swift's first six albums have been sold again, this time to a private equity firm for $300 million.

Swift has unsuccessfully tried to buy her masters before. Now she's rerecording some of her old songs so she can license her own versions.

But the new recordings are bound to sound different from the originals. They’ll be recorded in a different studio with different band members and different post-production. Plus, Swift is 14 years older than she was when her first album came out.

Publisher: Marketplace
Date: 2020-11-18T00:38:47-08:00
Twitter: @Marketplace
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The economic power of royal fashion - Marketplace

Netflix released the newest season of “The Crown” this weekend, featuring a fictionalized Princess Diana and some of her most iconic fashion moments. Royal fashion is also the subject of Elizabeth Holmes ‘ new book “HRH: So Many Thoughts on Royal Style.” “Marketplace” host Kai Ryssdal spoke with Holmes about sartorial messaging and economic power of royal fashion. The following is an excerpt from the book.

What's more, she did a lot of this while pregnant, and as a brand-new mom, after giving birth to Archie Harrison Mountbatten-Windsor in May of that year.

Publisher: Marketplace
Date: 2020-11-17T21:26:41-08:00
Twitter: @Marketplace
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The battle over Chinese tech might not change under Biden - Marketplace

One thing the Biden administration will inherit when it comes into office is a trade and a tech war with China. President Donald Trump put all kinds of restrictions on American companies doing business with China on the use of technology from Chinese companies like ZTE and Huawei , bans on Chinese smartphone sales here and, of course, an executive order banning TikTok and WeChat , which is still in court.

Molly Wood: So what does that mean for the incoming Biden administration? What might we see around these restrictions?

Publisher: Marketplace
Twitter: @Marketplace
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China's giant new trade agreement excludes U.S. - Marketplace

China and 14 other Asia-Pacific nations — including economic powerhouses Korea and Japan — signed a trade deal Sunday that covers a third of the global economy. The U.S. was not a part of it, and economists fear the agreement signals further loss of U.S. economic power and opportunity on the global stage.

Long story short, a group of Asian countries came together and opened their markets to one another — and the U.S. is on the outside looking in. 

Publisher: Marketplace
Date: 2020-11-17T22:10:11-08:00
Twitter: @Marketplace
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