Peaceful marches and demonstrations were marred by instances of looting and attacks on police officers as protesters decried police for the use of force against minorities. This report produced by Zachary Goelman.
Protesters, enraged by the death of an unarmed black man this week after a police officer pinned him down with a knee to the neck, used shopping carts to smash a police vehicle outside of a Target store in St. Paul, Minnesota on Thursday.
Protesters clashed with riot police firing tear gas for a second night in Minneapolis on Wednesday in an outpouring of rage over the death of a black man seen in a widely circulated video gasping for breath as a white officer knelt on his neck. This report produced by Zachary Goelman.
Walmart is reportedly set to launch Walmart+ ...the company’s answer to Amazon Prime. Walmart + will go live later in July, after the coronavirus pandemic delayed its initial springtime launch. A Walmart spokesperson declined to provide further comment about Walmart+ to Business Insider. This is Walmart's latest bid to dominate e-commerce and fend off its online, Seattle-based rival. The $98 monthly subscription is rumored to include several perks, including...
Walmart is close to launching its membership program, in direct competition to online retail giant Amazon.com's overly popular Prime service, according to a published media report, citing sources. Conway G. Gittens has more.
The economy is in a depression. However, Jeff Bezos' net worth has increased. CNN reports that he's now worth nearly $172 billion, a new record for the world's richest person. This week, Bezos beat his previous wealth record that he reached prior to his divorce from his ex-wife MacKenzie. Much of Bezos' wealth is tied to Amazon. He owns roughly 57 million shares, or 12% of the company. And its stock has soared 56% year to date.
c/o the Biden campaign Former Vice President Joe Biden's campaign is introducing a new set of fonts, Decimal and Mercury, to be used "across campaign content like graphics, video, and more." The presumptive Democratic nominee has tapped Hoefler & Co., a legendary typeface company featured in a Netflix documentary and behind many of the country's most storied brands. Hoefler & Co. have done typefaces for the Obamas, Rolling Stone, Twitter, Tiffany & Co., the Guggenheim, Condé Nast and Nike.
According to Business Insider, Nike is planning two rounds of staff layoffs, that will take place in July and the fall. According to Complex, a company-wide email was sent to Nike workers from CEO John Donahoe. As a result of COVID lockdown closures, the sportswear giant had a net loss of $790 million dollars in Q4. Donahoe says the layoffs are an effort to restructure the "overburdened matrix" of the company.