Year: 2020

Pandemic to Create Strong Headwinds Against Holiday Spending This Year

With consumer behavior changing rapidly due to unprecedented times, industry experts and consultants expect this holiday shopping season to be a far cry from those past.

Due to the pandemic, consumers have experienced a vast amount of uncertainty — leading to fear, anxiety and conservative spending.

“Over 40 percent of Millennial and Gen Z shoppers expect to spend less this year, with a greater proportion of younger shoppers indicating this compared to older Millennials, according to our survey,” said Deborah Weinswig, chief executive officer and founder of Coresight Research, a global advisory and research firm specializing in retail and technology. “Younger shoppers are early on their jobs or are recent graduates and will be heading into the holiday season with a lower propensity to spend, given their low incomes compared to older shoppers. Savings rates in the U.S. are also on the rise, and younger shoppers are likely to want

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‘People told me my plans for a skincare firm were crazy’

The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Tata Harper, owner of the popular US skincare company of the same name.

Tata Harper’s mission to create a natural skincare range began when her stepfather was diagnosed with cancer in 2005.

His doctors advised him to adopt a healthier lifestyle. They wanted him to reduce the amount of toxins and synthetic chemicals he was exposing his body to, be it through the food he was eating, or what he was putting on his skin, from shampoo to soap.

Ms Harper says it made her realise that she, and the rest of the family, also needed to make the change.

“While I was looking for new products for him, I was also looking for new products for me, because I was trying to make my life more healthy,” says the 44-year-old

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Celebrating Our 10-Year Anniversary: A Personal Reflection

Ten years ago today, I brought out my laptop at a general store in Lake Tahoe and officially became an entrepreneur for the first time. With a click on the keyboard, I pushed my first website onto the world thanks to that store’s wifi connection. For the 50-something me, it was a turning point.

For the entirety of my professional life, I extensively reported on the people who led some of the world’s most successful companies and many pioneering entrepreneurs. I often would joke that most business and economic reporters would not be able to run a lemonade stand or a shoeshine stand (something I have actually done in my teenage years for 15 cents a pair) on a busy street corner. Now, I had taken the big step to run websites on the world’s cluttered and noisy Internet.

I had never had to manage a real P&L, recruit and

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Chinese ‘robotaxis’ take riders for a spin

Chinese entrants in the race to put autonomous vehicles on the road are bringing “robotaxis” online in hopes that a hired-car format can be the key to unlocking wide acceptance of the futuristic technology.

It is expected to be years before cars that operate completely without human intervention are unleashed owing to lingering technological, regulatory, and safety hurdles.

But as China challenges US tech dominance, Chinese players such as Baidu, Alibaba-backed AutoX and ride-sharing king DiDi Chuxing recently launched autonomous taxi pilot projects in cities around the country.

Similar efforts are under way in the US, and AutoX’s chief executive Xiao Jianxiong told AFP the first fully-autonomous vehicles could be on the roads by the end of the year.

Robotaxis or delivery services are considered ideal for accumulating the driving time and huge data cache needed for cars to “learn” and become safe enough.

Chinese consumers — known for eagerly

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Watch AI-controlled virtual fighters take on an Air Force pilot August 18th

DARPA held the second trial in January this year and pitted participants’ greatly improved algorithms against AI adversaries developed by the Johns Hopkins University Applied Physics Laboratory. Both trials were hosted in person at the APL.

The third trial will be streamed from the APL, as well, with eight teams flying against the lab’s AI adversary algorithms on the first day and then against each other in a round robin tournament on the second. It’s the first time the participants are pitting their AIs against one another in public. On the last day, the top four AIs will compete in a single-elimination tournament for the championship title. The last team standing will then get the chance to fly against an Air Force fighter pilot controlling a virtual plane.

Col. Dan “Animal” Javorsek, program manager in DARPA’s Strategic Technology Office, said in a statement:

“Regardless of whether the human or machine

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Symptoms of COVID-19? Here’s what you can do right now

Yahoo Life is committed to finding you the best services to help improve your life. We may receive a share from purchases made via links on this page. Pricing and availability is subject to change.

Telemedicine claims have surged more than 8000 percent during the coronavirus pandemic. (Photo: Getty Images)
Telemedicine claims have surged more than 8000 percent during the coronavirus pandemic. (Photo: Getty Images)

Developing symptoms of COVID-19 is understandably terrifying. And, if you don’t have a primary care physician or you’re nervous to go to your doctor’s office or local hospital, it’s hard to know what to do.

That’s where telehealth comes in. Many doctor’s offices have shifted to providing healthcare through video chat or over the phone during the pandemic. For patients who don’t already have a provider, services like Amwell, one of the top telehealth platforms in the country, allow for quick and easy access to a doctor without a long wait time, and it’s relatively inexpensive for those who do

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Shop These 10 BIPOC-Owned Jewelry Brands for Your Next Statement Piece

Photo Illustration by Scouted/The Daily Beast/Vendors
Photo Illustration by Scouted/The Daily Beast/Vendors

The COVID-19 pandemic has got us cooped up indoors, joining Zoom meetings with our cameras off, sweatpants on, and a messy bun to top it off. Now, with work from home policies likely staying in effect for many of us until next year, that work-attire wardrobe is going to keep collecting dust. But there’s still one way we can easily make a statement (and make us want to turn those cameras on): jewelry. 

I’ve personally collected jewelry all my life–earrings, especially, being my favorite collector’s item. I buy them as gifts, mementos, or accessories for every new outfit. I often buy vintage pieces or homemade pairs from artisan markets when I travel abroad.

Last year, I had the unfortunate displeasure of having a pouch of my jewelry stolen at the airport on my way home from a glorious summer trip to Cuba and Panama.

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69% of Americans think the way they work has changed forever

We’re living through a once-in-a-lifetime upheaval, and wherever we end up on the other side won’t be the same place we started from. How we work, where we work, and the skills we need will all change. 

Fortune Analytics got an exclusive look at Salesforce’s proprietary data to learn how the pandemic is impacting workers during—and after—the crisis. 

Since early May, the Salesforce Research Consumer and Workforce Research Series has published biweekly polls of the public. And the company’s Customer & Market Insights group regularly conducts surveys among decision makers (director level or higher). Fortune Analytics got special access to both datasets. 

Here’s what we found.

Newsletter-Red-Line-15

The numbers to know 

69%

  • … of U.S. workers say the pandemic will permanently change the nature of work in their own career. 

59%

  • … of U.S. remote workers say they miss going into the office. 63% say they’ve grown closer to
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Coolest Cars For Sale On Motorious To Beat The August Heat

⚡️ Read the full article on Motorious

We check out some of the most interesting cars up for grabs right now!

The classic and collector car market is a fantastically diverse tapestry of vehicles from every breed and era. Delving into the classifieds reveals some real gems waiting to find a new home with both enthusiasts and serious collectors alike. Every week we’ll be highlighting the top cars in need of a new home that caught our eye.

1971 Pontiac GTO Convertible Is Rare Poncho Muscle

Images Via Speed Digital LLC

A lot of people are going stir crazy sitting in their homes at the moment. And while take a drive in your car provides an out, cruising around is much better in a big vintage convertible like this 1971 Pontiac GTO. If you’ve never seen one of these before or it’s been a long time there’s good reason:

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Are printers, computers tax-free? 10 states hold sales tax holidays this weekend and some offer a tax break on tech

Shoppers in 10 states should file this away: This weekend, you can pick up clothes and school supplies tax-free.

Sales tax holidays kick off Friday in nine states – Florida, Iowa, Missouri, New Mexico, Ohio, Oklahoma, South Carolina, Texas and Virginia – and Maryland’s tax holiday begins Sunday.

Alabama, Arkansas, Mississippi and Tennessee already held their tax holidays. Maryland and Connecticut will offer tax breaks later in August. 

The back-to-school shopping season, the second-biggest period for retailers, behind the holidays, usually kicks off in mid-July and peaks in mid-August. This year, it’s off to a slow start amid the COVID-19 pandemic. Experts predict the shopping season will peak in late August and spill into most of September.

Need Clorox wipes?: Disinfecting wipes shortage could last into 2021 amid coronavirus pandemic

Drive-in movies at Walmart: Walmart launching drive-in movie theaters at 160 stores amid COVID-19. Here’s how to reserve a parking

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