Tag: Daniel Litwin Podcast
Pfizer CEO Profits After COVID Vaccine Announcement
Eyebrows raised when Pfizer CEO sold some of his holdings in the company to the tune of $5.6 million. The prescheduled sale came at the perfect time, when the company publicly announced promising results from...
Amazon Launches Delivery Prescription Drug Service, Amazon Pharmacy
Amazon, once an online used bookstore, has grown to dominate the retail industry, the grocery industry, and now the pharmaceutical industry. Amazon’s latest business venture, Amazon Pharmacy, spells trouble for brick-and-mortar ph
France Postpones Black Friday Sales in an Effort to Aid Small Business Sales
The French government has collaborated with commerce, ecommerce, and supermarket representatives to push back Black Friday sales while France is still under strict COVID lockdown. The delay will level the playing field between lar
Home Depot Invests Pandemic Earnings Back into its Employees
As the pandemic has everyone staying home and tending to long procrastinated home improvement projects, Home Depot is reaping the profits. With the highest quarterly sales growth in 20 years, the company plans to compensate...
Airbnb Files to Go Public, Emphasizing “Community”
Despite a severe hit to its travel-based business model as a result of the pandemic, Airbnb has seen a rebound and is positive about building upon the net profits it saw in the last quarter....
Oil Demand is Down, But Will it Ever Come Back?
It comes as no surprise that oil demand is down in the age of COVID. Crude producers are cutting supply in response to lackluster demand. Though the details of a promising vaccine have boosted oil...
Airlines Push for Additional Assistance in Preparation for Difficult Winter Numbers
The most recent wave of COVID infections has once again hit the airline industry hard. As the holidays approach, the airlines are pessimistic and seeking government assistance. Airlines for America Chief Executive Nick Calio estim
Deutsche Bank Proposes Work From Home Tax to Support Low-Income Workers
Deutsche Bank estimates the proportion of Americans who worked from home (WFH) during the pandemic surged to 56%, according to a report by USA Today. In response, the bank released a research note suggesting a...
AMC Launches New Private Rental Program to Drive Business
The Entertainment industry has been particularly hard hit by the pandemic, and still struggles today as large crowds continue to be dangerous environments. In search of additional sources of liquidity, AMC Theaters launches a priv
Pfizer’s COVID Vaccine Shows Promising Results
America is desperate for some optimism in the fight against COVID-19, and on Monday Pfizer delivered. The pharmaceutical company’s initial COVID vaccine, developed in partnership with the BioNTech, released findings that the vacci
Beyond Meat & McDonald’s McPlant Partnership Remains Vague
When McDonald’s added a meat free alternative to their menu with the Beyond Meat burger, the coupling between the two companies seemed to be a win-win. But McDonald’s recent announcement of the McPlant burger, a...
Las Vegas’ MGM Resorts Prepares to Welcome Back Large Scale Conventions
Avoiding high touch surfaces and gathering in large groups spelled trouble for Las Vegas, where conventions and casinos are the driving streams of revenue. The city continues to struggle through a pandemic recovery, but MGM...
Disney Parks Cut Labor Force by 28,000 Amid Difficult Recovery
Disney theme parks are becoming a small world after all as the company announces a massive round of layoffs to its part-time employees. According to the BBC, Disney lost 4.7 billion dollars in revenue in...
Walmart Moves Forward at Scale with its Shopping Experience Redesign
The pandemic has drastically changed the way we shop, but Walmart already had plans to make changes before COVID-19. According to USA Today, the big-box store plans to roll out a brand new store design...
Will Consumers React Well to Ring’s New Drone Security Camera?
The Amazon-owned security camera, Ring, is going airborne with a surprising new offering for homeowners. The recently announced Always Home Cam is a small drone that flies around an owner’s house, providing real-time visuals of...
Epic Games Teams Up with Developers to Take a Bigger Bite out of Apple
In this Business Casual segment, Daniel Litwin and Tyler Kern weigh in on some updates to the public battle between Epic Games & Apple over the latter's app store prices and practices. In retaliation to...
Amazon Pumps the Brakes on Echelon’s “Prime Bike”
With the announcement by Echelon Fitness that their $500 exercise bike, dubbed the ‘Prime Bike,’ would be an Amazon Prime customer exclusive, Peloton’s stock fell as much as 6.7%.
General Electric Ditches Coal Power in Favor of Offshore Wind
According to CNN Business, General Electric announced Monday it would not buy nor build any more coal power plants.
Microsoft Upgrades Teams to Meet Remote Work Needs
For well over a quarter of the US labor force, working from home is a semi-permanent reality. That means Zoom meetings aren’t just a passing phenomenon.
Amazon is Reportedly Stifling Competitor Ads
Amazon is no stranger to scrutiny over its business practices. The online marketplace already has a stronghold over fast delivery of consumer goods.
NYC Adds Dining Out Tax in an Effort to Help Restaurants
Small business restaurants have been particularly hard hit by COVID’s lockdown measures. In NYC, a COVID hotspot, restaurants have only recently reopened to limited capacity. As the weather cools and outdoor dining becomes more di
Professional Cheeseburger Taster Job is a Case in Creative Marketing
Everyone has their own definition of “dream job,” but for fans of all-American food, there’s no better job than “Cheeseburger Tester.” According to CNN, the casino review site, BonusFinder, announced the paid “job,” to coincide...
Remote Education Struggles to Reach Students in Salt Lake City
As Salt Lake City went back to school this week entirely virtual, the school district saw a major drop in enrollment and a shocking lack of student participation. The cause? Many students lack the equipment...
With LTE-M and NB-IoT, Slower Is Better
In today’s world of ever-changing technology, everything must be better, stronger and faster.
DraftKings Expands its Pro Sports Market Share with New Partnerships
Sports fans have been satiating their craving for the stadium by participating in online sports betting and fantasy sports as the pandemic prevents large gatherings. Virtual sports events are only expected to continue rising in...