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Daily Scoop 9-13

Daily Scoop 9-13

👋 Your Monday Scoops - The most extreme hiring & Apple takes a hit

September 13, 2021

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Today's Scoop:Relief

Big Picture

Prices are still on the rise throughout the supply chain.
Congress is still debating tax changes.
Big tech companies face increasing legal action limiting their market power.

The Market

⬆️

+0.2%

S&P 500: 4,468.73

1Mo:

-0.3%

| 1Yr:

+32%

| 5Yr:

+109%

After an ugly week of straight losses, markets returned to modest optimism. Investors are still worried about the infection surges disrupting the recovery and inflation running out of control, but not too worried. The Producer Price Index, which measures inflation up the supply chain, rose 8.3%, the biggest 1-year increase in over a decade. House Democrats have introduced initial tax proposals to pay for additional spending.

Company Scoops ❤🌎💰

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

Apple

loses its power

Bank of America's

big shakeup

United Airlines

says get vaxed or get out

UPS'

most extreme hiring challenge

Amazon's

compensating with trees

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

🤓 Inside Scoop...

As companies set target dates to achieve net-zero emissions, they'll be setting emission reduction targets for their Scope 1 (direct), Scope 2 (power-related), and Scope 3 (indirect) emissions. Scope 1 & 2 result from its core operations and the power it purchases to support those operations. Scope 3 will be much bigger and more important but harder to tackle. It includes the emissions of their whole supply chain and even things like employee commutes.