Scoops
Posts
Daily Scoop 10-12

Daily Scoop 10-12

👋 Your Tuesday Scoops - Mutiny at P&G and Microsoft bends to shareholders

October 12, 2021

View this email in your browser

Today's Scoop:Unsure

Big Picture

People quit their jobs in record numbers in August.
Supply chain disruptions are hurting growth forecasts.
Corporate reporting season starts this week.

The Market

⬇️

-0.2%

S&P 500: 4,350.65

1Mo:

-3%

| 1Yr:

+24%

| 5Yr:

+104%

Markets wobbled around in anticipation of a big stream of corporate updates starting tomorrow. Earnings season is here, and we'll get a look at how every corporation performed in the third quarter. The Labor Department reported a record 4.3 million people quit their jobs in August. Job openings also declined. Labor and supply shortages and disruptions have led the International Monetary Fund to reduce its global growth forecast.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Procter & Gamble

faces a climate uprising

Facebook

responds to criticism

Microsoft

bends to shareholder demands

Google's

banning climate change deniers

IBM's

cutting pay for the unvaccinated

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Right-to-repair has been a highly-debated issue in manufacturing for many years, particularly within the technology sector. Many industries have loose rules. You're allowed to change the tires on your car. But in tech, software licensing rules make repairs a lot more complicated. Although not always intentional, many manufacturers make personal or third-party repair difficult, even impossible. When consumers cannot repair their product, they are forced to discard it and buy a new product, contributing to more electronic waste and higher manufacturing emissions volumes.