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Transcripts For RT Boom Bust 20240711

As well as millions of americans facing unemployment and a lack of another stimulus package to put cash in the pockets. Has many wondering what we can expect from this Holiday Shopping season. So lets get some expert analysis from dr. Banky shankar, director of research at the center for retailing studies at Mays Business School at texas a and m. And dr. Barbara stuart, the coordinator of retailing and Consumer Sciences at the university of houston. Thank you both for being here today. Dr. Stuart, i want to start with you. Were seeing a change in black friday due to the pandemic and stores want to avoid crowds. What are some new trends that were already seeing for the black friday this year . Well, here are 3 aspects that will make this a black friday like, you know, rather firstly, Online Shopping has exploded. Secondly, shopping, and thirdly, retail is innovating and so on the on line explosion, as the panamic began. My degree said consumers change the way they shot 40 percent of peo

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Transcripts For BLOOMBERG Bloomberg Technology 20240711

Is the security of america at risk . And covid continues to peek across the country, once again shutting new york city Public Schools down. With vaccines on the way but still not quite ready, we speak to 23andme ceo Anne Wojcicki. Could their research on genes and covid give us more clues on how to fight it faster . Dropping asstocks fresh resections put in place to limit the spread of covid19 overshadowed positive news. About vaccine develop at Abigail Doolittle has more. Generally the markets were quieter today, but then it fell off late in the day. Abigail truly a sleeper for much of the day. Cyclical rotation trying to take over. As new york city headlines crossed on top of the mta news around the subway. Earlier today, two negative headlines. Of course the second one being that schools are shutting tomorrow until at least after thanksgiving on the 3 seven day rolling Positivity Rate here in new york city, at least according to the mayors office. Looks like the governor may have ha

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Transcripts For RT Boom Bust 20240711

Weekend as a chance to get a jump on the Holiday Shopping, chinas single day may actually be the biggest worldwide. In fact, ecommerce behemoths ali baba expanded its single day offering to take place over 11 days this year and nearly doubled sales to more than 75 1000000000. 00. And thats ali baba alone, while black friday was once and now known for outrageous door busters that caused consumers to line up in front of Big Box Stores like target, walmart, and best buy 2019 was the 1st year in which more people shopped online than in store for the most part, sales figures have continued to trend up over the last 2 decades. But the covert 19 pandemic has thrown a wrench in the works. The fact that many stores will not have in person a bed due to the pandemic, as well as millions of americans facing unemployment and a lack of another stimulus package to put cash in a customers pockets. Has many wondering what we can expect from this Holiday Shopping season. So lets get some expert analysis

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Transcripts For RT Boom Bust 20240711

I and this is a boom bust for the one business show you cant afford to miss branch of war in washington. Coming up, hospitals around the world are facing a strain as the cope without heat wave continues to slam the globe. Straight ahead, we analyze the state of treatment amid the pandemic, and where we stand amid the latest outbreak. And despite the windfall from chinas major shopping holiday, ali baba stock has taken a hit on proposed regulation from the nations government. And oil prices have been riding the wave of vaccine optimism this week to later on. Were going to break down the high in demand and what it means for one of the worlds hottest commodities with a packed show today. So lets dive right in. And we lead the program with the concerning increase in hospitalizations across the United States due to cope 19. Coronavirus related hospitalisations in the u. S. Reached a record high on tuesday under and are expected to grow amid the latest wave of cases. Now the number of patien

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Transcripts For RT Boom Bust 20240711

Realistic that indeed some small scale all of the various be launched in order to make the National National necessary Clinical Trials on tests back in hungary and as also the 2nd part of january, it might be realistic that food by while the deep from russia but we are not going to negotiate and go about simply buying vaccine for russia. We are not go shooting, localise ational up the production, or at least the part of the production to hungary. There is a Company Operating here in hungary, which has been producing for other or viruses and diseases. Of course, they seem to be able to transfer their capacity in a way that they would be able to be involved in the production cycle and bring him out of state to join me for more on a top story. Its all written in 30 minutes. I and this is a boom bust for the one business show you cant afford to miss for in washington, coming up, hospitals around the world are facing drainage cope with an empty wave continues to slam the globe. Straight ahe

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