Week 11/23/2020 - 11/29/2020
Monday Nov. 23rd, 2020
- AstraZeneca and Oxford announced that their covid-19 vaccine was up to 90% which makes the stocks tick up.
- Joe Biden announced that Janet Yellen will become the next Treasure secretary.
- GM is switching sides in the legal fight against California’s right to set its own clean-air standards, abandoning the Trump administration as the president’s term nears its close.
- Bitcoin reaches its all-time highs. Not just bitcoin, other cryptocurrency such as Ethereum, altcoins (Ripple and Litecoin) are also rocking.
Tuesday Nov. 24th, 2020
- Dow Jones rallied past 29972 points to a record high. It also topped 30000.
- McCormick is buying Cholula for $800 million.
- Netflix’s original tv series “The Queen’s Gambit” drew a record 62 million household viewers in less than a month.
- Joe Biden formally introduced his picks for his national security team.
Thursday Nov. 26th, 2020
- Pinterest promotes a new feature called “Story Pins”, which combines the features of Zoom classes and also Airbnb virtual experiences.
- Disney plans to lay off 32000 more employees due to the pandemic.
- Tesla recalls 9500 Model X and Model Y for potentially faulty roofs and bolts.
- DoorDash reaches a $2.5 million settlement for claims it misled users on driver tips.
Friday Nov. 27th, 2020
- Joe Biden named an all-woman senior communication team.