White House reports that 90% of federal workers have received dose of COVID-19 vaccine

• A senior administration official from the White House has said that approximately 90% of federal employees are vaccinated
• The White House also reports that the federal workforce has reached 95% compliance with the vaccination mandate 
• The federal guidance states that Federal personnel who have not been immunized or submitted proof of vaccination may eventually be terminated

UK government says new homes in England must have EV charging points

• Authorities in the United Kingdom have announced plans that will require new homes in England to have charging points 
• During the Confederation of British Industry’s annual conference, Prime Minister Boris Johnson stated his remarks on the new regulations which will allow 145,000 new charging points to be installed

The US National Guard has helped combat the labor crisis 

• As employers across the US are experiencing a substantial labor shortage, with slowdowns in the supply chain, politicians have looked to the US military for support’
• So far, the US has used the National Guard to help fill in gaps in the healthcare sector, and in schools as well

Target to keep its stores closed on Thanksgiving going forward

• In an announcement from Target, the company will no longer open its stores on Thanksgiving Day and will make a permanent shift to the unofficial start of the holiday season
• On November 22, Target said its distribution and call centers will have some staff on thanksgiving Day but stores will remain closed

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• For most of the United States, the Centers for Disease Control and Prevention have issued a new eviction ban which will remain effective until October
• The former moratorium expired last month, even as some 11 million Americans continue to be behind on their rent and the delta variant surges

To attract new workers, Target introduces new education program that pays for college

• In an effort to attract new workers, Target is introducing its new education program that will cover the cost of undergraduate and associate degrees at select colleges and Universities
• Other stores such as Walmart, Starbucks, and Chipotle all have similar debt-free education programs for employees

Vanguard is offering employees $1,000 to receive the Covid-19 vaccine

• As an incentive to get more workers vaccinated against Covid-19, the massive asset manager offers employees $1,000
• All of the 16,500 employees who are eligible, must receive the vaccine by October 1 in order to receive the $1,000

CEO of GM confirms new electric van and truck for commercial use

• The General Motors CEO, Mary Barra, has shared the company’s new plans to add an electric cargo van for Chevrolet and a medium-duty truck for service and utility vehicles
• The company will offer the truck as a battery-electric vehicle with GM’s “Hydrotec” fuel cells and “Ultium” fuel cells

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• Currently, the Dallas Cowboys are the latest NFL team to add new antennas to their stadium to boost cellular connectivity and speeds
• The team has agreed to have 20 MatSing’s antennas installed before the team’s opening on September 27 with costs of up to $250,000

Kohl’s, McDonald’s, and Target to require masks for all store workers 

• Kohl’s, McDonald’s, and Target will begin rolling out their mask mandates for store employees in counties considered at high risk in the United States based on the CDC’s rankings
• On August 3, these mandates will be in effect

Atmos and WSS to be bought by Foot Locker for $1 billion

• To extend its reach in Asia, Foot Locker will soon buy two smaller shoe store chains “WSS” and “Atmos” for $1.1 billion
• The Japanese streetwear retailer “Atmos” will be bought for $360 million and a California-based company “WSS will be bought for $750 million

Domestic debut of Disney’s “Jungle Cruise” receives $34.2 million and $30 million from Disney+

• From the Box Office, Disney’s Jungle Cruise has garnered $34.2 million and $30 million from their digital sales of the film on Disney+
• Disney has decided to release their new film on both Disney+ and in theaters to allow audiences to have the choice of watching from home or going to see it in person

Spirit Airlines and American Airlines have passenger flights canceled after storms

• On August 1, Summer storms have disrupted operations at the DFW airport, the United States’ busiest hub
• Passengers complained about social media about long hold times and lengthy waits before plane departures at customer service
• According to FlightAware.com, the site says that about 14 percent of American’s mainline schedule was canceled, and about 35 percent of Spirit’s

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• For a new car today, the average price is around $40,800 which is a 4.9% increase from 2020
• Used vehicles have increased to more than 21% which is $25,500 from $20,900 in 2020
• Car dealers are paying more for used cars meaning people can receive a higher trade-in or a lower than market price lease buyout

British artist claims that physical art galleries will be outlasted by NFTs

• A famous contemporary artist in Britian, Damien Hirst has claimed that art galleries are disappearing much faster than NFTs
• In an interview, Hirst said, “I just think anything that looks good and feels good, and makes you feel good, you know, it’s good art…It doesn’t have to be in a gallery.”
• The artist has his own NFT art collection named “The currency” which contains 10,000 NFTs at $2,000 each where the eventual owners can choose to trade it in for the physical creation

J&J expects their global sales to reach $2.5 billion from Covid vaccine for 2021

• With the development of their single-shot Covid vaccine, Johnson & Johnson has generated $12.59 billion in revenue 
• J&J’s medical device segment has shown a 62.7% increase at $6.9 billion from last year
• In the first quarter of this year, J&J’s global sales for their Covid vaccine were $164 million; this is on track to reach $2.5 billion by the end of the year

Target to feature first Ulta Beauty “mini shops” in August

• In order to attract new customers, Target will soon open the first Uta Beauty “mini shops in August
• The small shops are going to feature more than 50 premium beauty brands like Clinique, MAC Cosmetics, and Ariana Grande
• Target believes that by placing a brightly colored beauty mini beauty store inside their building, they think that they can deepen customer loyalty and encourage store trips

• Most of GM’s North American production of their largest full-size pickup trucks will be stopped due to the semiconductor chip shortage
• As of 7/21, the automaker has confirmed their plans to cut production for their Michigan, Indiana, and Mexico plants that make the GMC Sierra and Chevorlet Silverado

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• Next week, The 2021 Grand Cherokee L will come to showrooms and this marks the first three-row model for more than 10 years
• Jeeps expects this vehicle to cater to current owners who need a larger vehicle and new buyers as well who want a third-row SUV from Jeep
• This vehicle is also expected to be a driving factor in the company’s growth during the pandemic as new competitors have risen 

• Due to the lack of staff and maintenance issues, American Airlines have cancelled hundreds of flights
• The Airline’s schedule has been reduced by 1% through the middle of July despite their cancellations being higher than that amount

• New foods and averages have been added to Target’s “Deal Days” during Amazon Prime day to attract more customers
• Target knows that more and more people are considering going out to eat rather than cooking at home and Target is testing if they will keep stock piling their fridges

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• The CDC director today (Friday) has publicly urged parents to have their tennis vaccinated against the Covid-19 virus 
• Within the first 3 months of 2021, the CDC research team has discovered that ⅓ of adolescents hospitalized with the virus have required admission to an intensive care unit
• From the 1st of January to the 31st of March, no teens had died from Covid-19 according to the CDC

• In expansion for a smaller development program for the US military, they want to leverage reusable rockets like SpaceX for cargo delivery across the go=lobe
• This experimental program is named Rocket Cargo and in the future be led by the US Space Force
• For “Rocket Cargo”, The Air Force’s 2022 budget proposal was nearly $50 million to explore and study the concept of this idea that it began with SpaceX and Exploration Architecture Corporation last year on a small scale

• For thanksgiving day, Walmart has added that their stores will be closed for the 2nd year in a row along with Target
• This move by both retail companies shows the effects of how the pandemic has changed the retail industry forever
• Walmart and Target will share their hours and plans for Black Friday at a later date

• Avengers Campus at Disneyland report, California is now open to the public
• This new park area is located in California adventure and features a dining location named Pym test Kitchen, Spider-Man attraction, and new rides and a portal to Doctor Strange’s sanctum
• The Avenger’s campus had been set to open in July last year in 2020 but was postponed due to the pandemic

• The HySeas III project has seen one of its latest developments which was receiving funding from the European Union
• The power source of this ferry has a diverse range of applications and can be deployed in transport and industry

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