The daily business briefing: November 28, 2023

0 24


1. Cyber ​​Monday sets a new record.

As the extended weekend approaches, shoppers have turned to online bargains. Post-Thanksgiving holiday shopping It’s wrapped up in Cyber ​​Monday, the busiest online shopping day of the year. According to Adobe Analytics, consumers spent between $12 billion and $12.4 billion on Monday, making it the biggest online shopping day in history, according to the Associated Press. Despite the high prices, months of high inflation have finally started to cool, providing the latest signs of consumer resilience. However, economists warn that spending may start to slow down soon. Associated Press

2. Tesla sued the Swedish Transport Agency for a strike

Tesla widened its battle with Swedish labor unions on Monday by filing a lawsuit against the Swedish Transport Agency. Postal workers are on strike after refusing to deliver mail and packages to Tesla facilities after the US electric vehicle maker denied delivery of license plates to Tesla cars. The postal workers began the strike Nov. 20, joining shippers, electricians, painters and other union workers who refused to provide Tesla service in support of mechanics who walked off the job at seven Tesla repair shops a month ago. Tesla CEO Elon Musk In an earlier tweet on social media site X, he called the attacks “crazy”. New York Times

3. Amazon’s deliveries are increasing after more than FedEx and UPS



Source link

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More