Weekly Download - June 1
Elon Musk’s SpaceX and NASA blasted two astronauts into orbit, marking the first human launch from U.S. soil in nearly a decade and a new partnership between industry and government aimed at revitalizing the country’s space ambitions.
Disney (Tii:DIS) submitted its reopening plans on Wednesday to the Orange County Economic Recovery Task Force and received an endorsement from Orange County Mayor Jerry Dennings shortly after the meeting.
Manufacturers face higher prices as they ramp up production to serve businesses seeking added protections for workers, customers.
Stitch Fix (Tii:SFIX), a personal-shopping service and clothing retailer, notified its roughly 1,400 California-based stylists Monday, or about 18% of its total staff, that they will be losing their jobs.
Starbucks (Tii:SBUX) said it would further limit employee hours to match pared-back operations at its U.S. stores, reflecting expectations that sales won’t bounce back from the coronavirus pandemic until at least this fall.