Markets Now 11/27

How the ‘Black Ceiling’ is holding some professionals and the economy back

Corporate America has recently responded to calls to put an end to overt discrimination in the workplace, but sociologist and former attorney Kevin Woodson, says that many aspects of racism and prejudice in corporate American are overlooked. In his book, “The Black Ceiling” he shes light on the subtle yet pervasive racial discomfort in the upper tiers of the nation’s legal, financial, and consulting firms.  
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Volkswagen says its core VW brand is ‘no longer competitive’

Volkswagen’s original brand is “no longer competitive,” the company’s brand chief warned Monday, owing to high costs and low productivity.  
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Why WeightWatchers is apologizing and embracing weight loss drugs

WeightWatchers CEO Sima Sistani is spearheading a huge shift for the decades-old company by jumping into the growing market for weight loss drugs.  
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China launches criminal probe into ‘insolvent’ shadow bank

The troubles besetting one China’s biggest privately-owned financial conglomerates have deepened with Zhongzhi now at the centre of a criminal investigation.  
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Jack Ma is betting on a new food business in China

Jack Ma has a new title: owner of “Ma’s Kitchen.”  
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Americans are set to spend a record $12 billion online shopping today

Enticed by deep discounts, Americans are expected to celebrate Cyber Monday by spending a record-setting $12 billion online shopping.  
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Source: CNN Business

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