November 24, 2023

Markets Now 11/24

How Best Buy is beating shoplifting

Many retailers and industry lobbying groups say shoplifting is at crisis-level proportions and even forcing some stores to close. But Best Buy says it has shoplifting under control.  
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‘This is insane.’ Swedish workers are getting under Elon Musk’s skin

It has taken nearly a month, but workers striking against Tesla in Sweden have finally drawn a response from the company’s famously anti-union boss. “This is insane,” CEO Elon Musk said Thursday on X, the platform formerly known as Twitter that he owns.  
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The surprising history of America’s biggest holiday shopping blitz

Chances are, you or someone you know is getting ready to shop on Black Friday.  
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Foxconn founder Terry Gou drops out of Taiwan presidential race

Terry Gou, the billionaire founder of major Apple supplier Foxconn, withdrew from the race to become Taiwan’s next president on Friday, just hours before the deadline to formally register as a candidate.  
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Nissan leads $2.5 billion investment to build two more EVs in UK

Nissan will invest £1.12 billion ($1.4 billion) to build electric versions of two popular crossover models at its UK plant in a fresh boost for Britain’s auto industry. amid the switch to electric vehicles.  
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The tug-of-war is on between deal-hungry Black Friday shoppers and retailers wary of throw-away prices

Let the shopping games begin.  
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Source: CNN Business

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