• Stitch Fix shares have risen today (Monday) and this has been driven by consumers looking to add to their wardrobes for this month of June
• For the full year, the company raised its revenue after its previous lowering because of the Covid pandemic
• In regards to what the loss per share was for May, it was 18 cents versus 27 cents expected and their total revenue was $535.6 million versus $511 million expected

• This Thursday, Kroger will be holding a hiring event to fill 10,000 jobs across their chain-grocery brand
• In regards to the positions to be available, the grocer’s retail, e commerce, pharmacy, manufacturing, and logistical operations segments will be the main focus
• Kroger has also announced its plans to raise their average worker wage in March after other criticism revolving around the company lowering them in the pandemic

• The CEO of Biogen, Michel Vounatsos has told CNBC today (Monday) that the list price of $56,000 a year for his company’s Alzheimer’s disease drug is fair 
• Along with this, the CEO has also announced that the company will not increase prices for the drug for at least 4 years

• The US is now reporting an average of about 14,500 for the daily infection rate over this past week
• An approximation of about 960,000 vaccinations have been reported to be administered each day across the country 
• More than ½ of Americans have received at least partial progress in Covid vaccinations (1 dose at least) and 42 % are now fully vaccinated

• Blue Origin plans to launch the mission on July 20, the 52nd anniversary of the Apollo 11 moon landing
• Bezos’ brother will join him, as will the winner of an auction being held for one of the seats

The post Business News – 06-07-2021 appeared first on Easy Ad - Local Small Business Resources.

• To expand their very profitable pickup franchise, Ford will come out with a new small pickup named Maverick
• This truck will be compact and smaller than the Ford F-150 full size pickup and the middle sized Ford Ranger
• This pickup is currently being produced at Ford’s Hermosillo plant in Mexico along with the all new Ford bronco Sport SUV

United Airlines to purchase airplanes from a new startup called Boom Supersonic

• United Airlines is going to buy 15 ultrafast planes from Boom Supersonic and at some point 35 more in the future
• The startup company’s first commercial supersonic jet, the Overture has not been certified or built yet
• In 2029 Boom Supersonic is targeting the start of passenger service and this plane has the potential at flying at a speed of Mach 1.7 which would reduce flight times

• For the wind energy industry, there is a large issue of what to do with old turbine blades when they are broken or too old
• Many companies have become involved in the sector and have tried to find solutions to this issue
• Hornsea One is investing in trying to find ways to reuse, recycle, or recover these old blades

U.S. Covid cases remain below 20,000 daily along with 1.1 million vaccine shots a day

• Average daily Covid cases in the U.S. has remained blow 20,000 for now 3 straight days 
• Federal data for this has shown that the pace of daily reported vaccinations has fallen to a 7 day average of 1.1 million
• Of the total U.S. population, 51% has received that vaccine along with 63% of American adults to have received 1 shot or more

The post Business News – 06-03-2021 appeared first on Easy Ad - Local Small Business Resources.