Lemonade Inc. made the strongest initial public offering debut of a US company in 2020, as the shares of the mobile-based insurance company more than doubled last on its first day of trading. LMND Lemonade, + 139.34% The shares, which soared as much as 144% to hit an intraday high …
Read More »Phone data shows consumers avoid stores and restaurants as COVID increases
Cell phone data that tracks the whereabouts of users shows that fewer Americans are condescending to local businesses and chain stores as COVID-19 cases rise in states like Arizona, California, and Florida, a worrying sign that may raise hopes for a rapid economic rebound after consumer spending fell sharply at …
Read More »US consumer confidence Registers the largest increase since the end of 2011
Starting Wednesday, you’ll need to wear a mask at HEB even if your county doesn’t require it
HOUSTON – Texas-based retailer HEB announced that it will implement a mandatory mask policy beginning on Wednesday in all stores, including those where there is no local ordinance, according to Lisa Helfman, a HEB spokeswoman. The company said it focuses on the health and safety of its partners, customers and …
Read More »Amazon brand value rises above $ 400 billion as TikTok enters global brand 100 for the first time
TikTok has entered the ranking of the 100 Most Valuable Global Brands for the first time, as people spend more time online during the pandemic browsing joyful and entertaining user-generated content, according to a new report. Tech giants dominated the list once again, with Amazon AMZN, + 0.34% maintaining first …
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