This holiday shopping season, Black Friday sales declined as shoppers are shopping earlier and spreading their spending across a longer period of time. E-commerce is a primary driver of the expected increase to holiday shopping this year as fewer shoppers returned to in-store shopping compared to pre-pandemic levels.
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Elon Musk has made a name for himself for being at the forefront of innovation for the past decade, leading companies that develop technologies ranging from self-driving electric cars to flamethrowers. But one of the most promising projects is one that has flown mostly under the radar of the general public, Starlink.
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The “modern update” to this wire transfer scheme is that it can be done with no witnesses. With wire transfers, victims often had to fill out a form at the bank and hand it to a bank teller. The victim would have longer to think about the actions and more than likely, realize their mistake while filling out the form. By making a transfer as effortless as scanning a QR code, criminals can talk their way into situations, and victims have less time to consider whether or not to send money to a complete stranger.
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The global automotive supply chain has been experiencing some difficulties in the past year due to a chip shortage. This will inevitably have an impact on the German car manufacturing industry, as Germany has one of the largest production values in the world and has global connections. The US electric car manufacturing company Tesla announced that it is closing in on its plans to manufacture Model Y cars in a factory near Berlin.
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Austria has seen a quick succession of three Chancellors in less than two months. 35 year old Sebastian Kurz of the conservative Austrian People’s Party had led Austria as Chancellor from December 2017 to May 2019 and from January 2020 to October 2021 when he was marred by a corruption scandal, causing him to resign.
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On November 28th Hondurans took to the polls and cast ballots on many national and regional offices in addition to the Presidency. The elections saw the end to the 12 years of power for the the right wing National Party and the victory of the first women to be elected President.
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AMC hopes to boost revenue in 2022 by selling its popcorn at kiosks, food stores, and convenience stores. The Today Show noted that AMC will also offer popcorn ordered from home or bought in “To Go” packages at theaters. The company plans to have fifteen locations by the end of 2022 and more by 2023, but the company has not yet disclosed the price for any of its popcorn products.
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Market bull and CEO of company Yardeni Research, which provides investment strategies, Ed Yardeni predicts that this coming Christmas season will be one of the best. His prediction rests on the fact that consumers are emerging from the pandemic after nearly a year and a half and thus, feel like spending.
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It’s a wrap! On Thursday, October 19, 2021, the Marketing Department held the last part of its Marketing Series. The Marketing Department brought guests from notable companies to guide and inform business students of the current work climate.
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On Thursday, November 18, 2021, the Marketing Department held their last event for the Fall semester’s Marketing Series. Niles Brandon from Fanatics honored us with his presence and knowledge. As Vice President of Human Resources at Fanatics, Niles walked us through his journey and what marketing managers are currently searching for.
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