What we’re reading (11/21)
“‘They Do Not Want To See Him Go’: After Remaking CNN And Antagonizing Trump, Jeff Zucker Eyes The Exits” (Vanity Fair). “The timetable still hasn’t been confirmed, but there’s talk in the upper ranks of WarnerMedia that Zucker is expected to leave CNN in the first quarter of 2021, according to someone familiar with the matter…Zucker’s departure would bring the curtain down on an exhilarating eight-year run that not only revived the network but turned CNN into one of the central characters in the Trump saga.”
“Four Reasons The Stay-At-Home Economy Is Here To Stay” (Wall Street Journal). “Technology has helped make life tolerable in the pandemic. And whenever it becomes normal again to leave the house for work, school and shopping, we won’t be going back to the way it was. What were conveniences before the pandemic now seem necessities that we’re unlikely to give up even after there’s widespread immunity to the coronavirus. And there are a number of reasons this new stay-at-home economy will likely be an important part of the new normal.”
“Investors Finally Reward General Motors’ Shift To EVs Even As It Cut Emerging Mobility Plans” (CNBC). “GM’s stock hit an all-time low on March 18 after confirming plans to temporarily close all U.S. factories due to the coronavirus. The shares have since rallied as the automaker easily beat Wall Street’s earnings expectations in the second and third quarters. Announcements around increasing and accelerating its EV efforts, including the GMC Hummer EV, have boosted the share price as well.”
“The Best Inventions Of 2020” (Time). Unsurprisingly (and deservedly), mRNA vaccines and the Johns Hopkins Coronavirus Resource Center made the list. But lots in categories ranging from “beauty” to “transportation” and everything in between.
“How One Airline’s Pandemic Hurt Becomes Everyone’s Pain” (New York Times). “From check-in through takeoff and landing, travelers with Virgin Atlantic end up interacting with hundreds of other companies the airline has hired to provide the services and goods that make up a smooth flying experience. It is the same with most big airlines. Virgin doesn’t cook the in-flight food, or print the menus, or build the business-class seats, or de-ice the wings, or unload the baggage at the airport, or return your luggage when it gets lost; it hires companies to do these and many more tasks. But eight months after governments closed their borders and imposed travel restrictions to stop the spread of the coronavirus, lockdown restrictions have only partially eased and a second wave of the pandemic has besieged Europe, stamping out tourism.”
