Biden will succeed President Donald Trump as the 46th president of the United States shortly after noon ET.
Category: Small Business
Sea shanties show TikTok is the global proving grounds for culture
If you’ve visited social media lately—and surely you haven’t because we’re all keeping good on our New Year’s resolutions—you’ve probably encountered a sea shanty.
For those of you who don’t know what I’m talking about, a quick recap. The sea shanty arose midway through the last millennium as a breed of work-song for sailors to while away the time, forge communal bonds, and generally keep from going insane. Then a couple months ago, a 26-year-old Scottish postman named Nathan Evans sang a rendition on TikTok that made the world become re-obsessed.
The sea shanty form is particularly suited to TikTok. The youth-craze app lets people create “duets,” a feature that adjoins a video post to one already playing. In Sept., TikTok revamped the feature, leading to a renaissance of collaborative creativity. Soon after, Evans posted his performance of “Soon May the Wellerman Come,” which promptly went viral… Read the rest
Asia-Pacific stocks trade higher; Yellen set to urge U.S. to 'act big' on coronavirus relief
Janet Yellen, U.S. President-elect Joe Biden's nominee for Treasury secretary, is set for a hearing before the Senate Finance Committee on Tuesday.
No direct link between the COVID vaccine and a recent string of deaths in the elderly, Norway finds
Health authorities in Norway say there’s no evidence of a direct link between the recent string of deaths among elderly people inoculated against COVID-19, and the vaccine they received.
The Norwegian Medicines Agency is seeking to address fears that taking the vaccine might be too risky, after 33 people in the country aged 75 and over died following immunization, according to the agency’s latest figures. All were already seriously ill, it said.
“Clearly, Covid-19 is far more dangerous to most patients than vaccination,” Steinar Madsen, medical director at the Norwegian Medicines Agency, said by phone on Monday. “We are not alarmed.”
The initial reports from Norway made international headlines as the world looks for early signs of potential side effects from the vaccines. Until Friday, Norway had only used the vaccine provided by Pfizer Inc. and BioNTech SE, and the companies are now working with the Nordic country to look into the … Read the rest
Brazil clears emergency use of Sinovac, AstraZeneca vaccines
President Jair Bolsonaro is under growing pressure to start inoculations in Brazil, which has the worst Covid-19 death toll outside the United States.
Business could be on the precipice of an automation explosion
Automation is hardly a new threat to workers. Long before the arrival of COVID-19 disrupted businesses, many manufacturing executives were already changing how their companies assembled products, and other industries were considering following suit.
But as the global crisis has dragged on, the pandemic could be accelerating that shift.
“Every time there’s a disruption it forces people to make decisions,” says Tom Smith, an associate professor of finance at Emory University’s Goizueta Business School. “I would put money on the fact that this has sped up at least the decision-making process. When, all of a sudden, you’re in a crisis, smart and creative people find solutions. Creative people don’t let the crisis take everything down if they can help it.”
Just under 40% of U.S. jobs are at significant risk of being automated, according to the World Economic Forum (WEF). More than 10% of the country’s jobs are at high … Read the rest
Democratic governors accuse Trump administration of misleading them about vaccine stockpile
Democratic governors criticized the Trump admin for apparently misleading public health officials about holding a stockpile of Covid-19 vaccines in reserve.
Look out L.A. and New York: the migration wave lead by Gen Z and city dwellers is real
Across the nation major central business districts in cities like Los Angeles, Chicago, and Seattle remain eerily empty as employers continue to keep staff working remotely. Heading into the holidays, only 1 in 10 office workers had made their way back into Manhattan.
But is the disruption caused by the pandemic—and the work from home boom—actually convincing Americans to pack their bags and move?
To find out, Fortune and SurveyMonkey polled 2,098 U.S. adults in November.* This poll, which has a modeled error estimate of +/-3%, is an even deeper study than our August look at migration.
The finding? Millions of Americans moved as a result of the pandemic—and millions more plan to do so. Among U.S. adults, 16% say they have either moved out of their city/county during the pandemic (6%) or plan to move in the next 12 months (12%). Around 2% of Americans who moved … Read the rest
TSA weighs barring hundreds from flights, steps up security before inauguration
TSA weighs barring hundreds from flights, steps up security before inauguration
Corporate America, we need to talk about activism
Here’s the honest truth, we need to talk about a lot of things. Matthew McCarthy, Ben & Jerry’s CEO, has a message for CEOs who are worried about walking the talk: Don’t let fear hold you back.
But first, here’s your Bob Marley- inspired week in review, in Haiku.
Don’t worry, ‘bout a
thing, cause every little thing’s
gonna be alright!
Rose up this mornin’
smiled with the risin’ sun, with
three little birds pitch
on my heart and mind,
singin’ sweet songs, melodies
pure and true, and now
they have a message
for you (and me): One bird called
Justice, another
called Sweet Equity
the third bird was you! Making
everything alright.
We appreciate how hard you are working. Keep singing your song.
Ellen McGirt
@ellmcgirt
[email protected]