Know The Difference Minute

Researchers had issues every 8 miles with driver assist systems disengaging, sometimes without alerting the driver it had quit.

Disney Plus now has more than 60 million subscribers and got there in less than a year.

As it picked up steam, more than 1000 advertisers joined, ranging from major brands to mom-and-pops. So, did it work? For now, the answer is a solid maybe.

The US economy was off by 33% annual rate in the April-June quarter. This was not a surprise.

AMC Theaters and Universal Pictures have struck an unprecedented exclusivity deal. Is it a creative lifeline for an industry on the ropes?

First was The Rewire from Harley Davidson. Next up is The Hardwire. Neither are bikes.

Staring at tired paint and furniture are causing many Americans to get at projects—and that is helping companies in that space.

Shortly after the US ordered China to close their consulate in Houston, staffers are burning what are probably sensitive documents.

In a complete break in Black Friday tradition, all Walmart’s and Sam’s Clubs will close on Thanksgiving Day.

Elon Musk called the shot last April when he predicted Tesla would deliver a Level 5 self-driving car by the end of this year at the latest. He said it again today.

Quite a day today for Twitter when word leaked it might be working on a paid subscription model that could include a payment option.

Amazon Prime has expedited delivery and Prime Video. It also has 150 million subscribers spending a yearly average of $1400. No wonder Walmart wants to take a run at it

Add in Netflix, Hulu, Disney + and Amazon Prime and the monthly streaming bill is climbing closer to what many used to pay for cable.

In terms of economic impact, the Goldman Sachs team thinks a mandated national mask policy could substitute for lockdowns which have the potential to subtract 5% from GDP growth.

A day after being lauded for having 2 vehicles on the most-American-made list, Tesla landed dead last on the new 2020 Initial Quality Study from JD Power.

There are roughly 350 car models on the market this year from 13 different automakers across 14 states.

No doubt you’ve heard that day-trading with the work-from-home crowd is very popular. Be very careful.

May’s 17.7% increase in retail sales is officially the largest in history.

There are initial unemployment claims and then there are continuing claims. Economists feel continued claims are a better indicator of the state of the labor market with states reopening and workers heading back to their jobs.

As the George Floyd protests began, many CrossFit gyms wanted the company to take a stand supporting the movement. On Saturday, CrossFit founder and CEO Greg Glassman did the opposite.

Macy's was expecting to lose over $1 billion this quarter. But, with 450 stores now open with healthy digital sales and actual foot traffic, the loss has narrowed.

Amazon has ordered 100,000 electric delivery vans from Rivian. UPS’ order with British startup Arrival is for 10,000. Between them, it’s a $4 billion market.

Zoom isn’t an overnight sensation even though it seems like that. They’ve been around for 10 years, but when the work-from-home movement began, they hit light speed.

As things open up, personal spending will be key to economic recovery as 70% of GDP is tied to the American consumer.

Are 41 million people out of work? There have been 41 million claims but the current number of people receiving unemployment is 21 million.

New home sales were up almost 1% in April compared to March. That doesn’t sound like much, but they were expected to drop 22%.

Total filings have now fallen for 7 straight weeks—a flattening of another type of curve. But with a patchwork reopening around the country; it will take time.

Facebook shares hit an all-time high earlier today on the news of the new Facebook Shops. Morgan Stanley says it could be a billion-dollar business.

In a snapshot of pandemic consumer spending, Walmart, Home Depot, and Kohls have different stories to tell.

According to a new survey from GasBuddy.com, over 30% of Americans are ready to road trip this summer

Even with lower passenger volume, the new challenge might be having to arrive at the airport up to 4 hours preflight.

One concern as we stumble toward reopening is luring workers back who would have to take pay cuts because of large unemployment checks. Can those workers refuse?

Peloton is thriving in a pandemic world. Quarterly sales of their connected fitness line are up 66% with almost 900,000 subscribers.

Last year, America couldn’t find enough truck drivers. Then, the business changed and almost 800 companies shut down.

We’re driving less, so auto insurance companies are rebating customers. If you’re expecting the same from your cable company because there are no sports, take a seat on the bench. It’s not happening….yet.

When all is said and done, Facebook exists to sell ads. In the early coronavirus days, sales dropped as major advertisers pulled campaigns. But, at the same time, usage was growing.

Our old friend Beer is back led by budget brands like Miller Lite, Michelob Ultra, and Natty Light, all with double digit growth. Busch Light was the leader, up 44%.

The Paycheck Protection Program relaunched yesterday and ran into the same technical troubles we heard about during the first round.

As companies prepare to return to business, one of their biggest hurdles might be huge unemployment checks.

This year’s NFL draft will be the most bet-on-ever with online sportsbooks estimating $5 million in wagers.

As of April 12th, the share of loans in forbearance was a shade under 6% of all qualifying mortgages, a 60% increase from the previous week.

It’s bad enough that coronavirus has killed thousands and damaged the economy. But the secondary infection of misinformation is another serious danger.

Abbott Laboratories announced today the launch of its 3rd coronavirus test and said it could be screening up to 20 million people in the US for COVID-19 antibodies by June.

The survey of over 300 CFO’s of US-based companies asked, If Covid-19 were to end TODAY, how long would it take for your company to get back to business as usual?

Video com platform Zoom went from being Skype’s smaller competitor to the name brand in just a couple of weeks as we moved to working-at-home status.

Love it. Hate it. It’s impossible to escape Tiger King on Netflix. If we weren’t all stuck inside—would this be the breakthrough hit it is?

If you’re planning on reaching out your mortgage lender to request forbearance, be patient. 3 weeks ago, it was a 2-minute wait. Now, it’s pushing 20 minutes.

When it comes to obeying stay-at-home and social distancing measures, compliance is a mixed bag.

With most of the country practicing social distancing—and a legion of parents needing a break at the end of a long day with kids at home, alcohol sales are way, way up.