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Let's Buy the World a Coke! | Twin Cities Business

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Georgia governor defends voting law amid corporate backlash

“I’m glad to deal with it,” Kemp said of the corporate backlash while appearing on CNBC s “Closing Bell.”
“If they want to have a debate about the merits and the facts of the bill, then we should do that,” he added.
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Voting rights activists have condemned the bill, which limits ballot box drop-offs, enacts new voter ID requirements and prohibits giving food and water to voters waiting in line on Election Day. Many critics say it would disproportionately affect voters of color.
On Wednesday, executives from Delta and Coca-Cola, which are both headquartered in Atlanta, called the recently signed voting legislation unacceptable. On the same day, 72 Black business leaders signed a letter calling for companies to speak out against the bill in an effort led by former American Express CEO Kenneth Chenault and Merck CEO Kenneth Frazier. ....

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Amazon.com, Chevron, Peloton: Stocks That Defined the Week

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Dow Jones
By Francesca Fontana
Amazon.com Inc.
Jeff Bezos is stepping back from Amazon. The CEO will hand the day-to-day reins to Amazon s cloud-computing guru Andy Jassy and become executive chairman later this year, the company said Tuesday. Mr. Bezos started Amazon.com in 1994 as a scrappy online bookseller, and under his leadership the company became America s largest online retailer and leading cloud-computing service provider, playing big roles in Hollywood, bricks-and-mortar groceries and logistics. Amazon shares fell 2% Wednesday.
Chevron Corp.
Two of Standard Oil s biggest descendants considered a reunion. The leaders of Chevron and Exxon Mobil Corp. discussed merging their companies last year, following the coronavirus outbreak that put them under tremendous financial strain. Such a deal would reshape the oil industry and reunite the two offshoots of John D. Rockefeller s oil monopoly, which w ....

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04Feb2021 Pre-Market Commentary: DOW, SP 500 Set For Slight Gains In The Busiest Day Of Earnings Season, DOW At +31, Nasdaq At +0.5%, WTI Crude At 56.01, US Dollar Higher At 91.33

U.S. weekly jobless claims total 779,000 vs. 830,000 estimate (SPY +0.3%). Biggest premarket movers: Canada Goose, eBay, PayPal, Qualcomm.
Here is the current market situation from CNN Money
European markets are mixed. The DAX is higher by 0.26%, while London s FTSE 100 is off 0.42%. Shares in France are unchanged with the CAC 40 at 5,563.05.
What Is Moving the Markets
Here are the headlines moving the markets.
How High Will Oil Prices Go This Year?
Introduction This week we hit some milestones in the year-long recovery from the oil demand crash of 2020. West Texas Intermediate, (WTI) hit and moved past the $55.00 level, and Brent moved closer to $60. These are some important psychological barriers for the market, and if sustained, as we expect they will be, will push prices higher. What happened? The API announced a significant draw of ~4.3 mm barrels in crude stocks yesterday when a modest build was expected. Moves lower in gasoline and distillate st ....

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