A NATION IN CRISIS Unrest across America: The early impact on businesses The protests over the death of George Floyd that spilled across US cities this weekend evoked one of the most tumultuous periods in American history, drawing comparisons to 1968-- and the unrest that exploded after the Rev. Martin Luther King Jr. was assassinated. A deluge of support for Black Lives Matter In the business world, dozens of brands spoke out,pledging their support for racial equality: Nike turned its famous slogan inside out: “For once, Don’t Do It,” urged the text of the company’s new ad. “Don’t pretend there’s not a problem in America. Don’t turn your back on racism.” Twitter updated its bio to read #BlackLivesMatter -- a hashtag that appeared in posts by HBO, Nordstrom, and many other companies, according toThe New York Times. In a memo to employees obtained by Bloomberg, Apple CEO Tim Cook said that the “painful past” of racism “is still present today.” While our country’s laws have changed, he wrote, “the reality is that their protections are still not universally applied.” In his memo, Cook said Apple would be donating to several groups, including the Equal Justice Initiative, a nonprofit that focuses on racial injustice. YouTube said it would donate $1m to the Center for Policing Equity, a think tank that works with departments to reduce racial disparities in law enforcement. How companies have scaled back While large companies voiced support for the protesters, the demonstrations also led some big businesses to adjust their operations. Amazon scaled back deliveries and closed Whole Foods locations in some major cities. Apple kept many of its stores closed on Sunday. On Sunday evening, Walmart closed hundreds of stores across the country, according to The Wall Street Journal. CVS closed stores across more than 20 states. The impact on small businesses Some business owners in cities rocked by the demonstrations were left to pick up the pieces after their stores were looted. The pandemic was already threatening their livelihoods -- and owners whose businesses were ransacked said they may not recover. Cynthia Gerdes, the co-founder of a Minneapolis restaurant that shut down because of the coronavirus in March, had planned to start offering takeout next month. But she told the Journal that she’s reconsidering, calling the unrest “a gut punch.” from Hustle
Don't many casualty insurance polices exclude "riots"? Rioting/Looting are crimes which mostly go unpunished. If we wanted to put an end to all of that BS... have the police use their automatic weapons and shoot looters... kill a few hundred of them. Wouldn't be long before future potential looters would "think twice".
These corporations getting involved is just ridiculous, all of the sudden they chime in as if racism and riots are something the world has never witnessed, if anyone has a clue its been going on for hundreds and hundreds years...these protests and riots aren't going to stop anything.
The only opportunistic crooks are the the white supremacist whom embrace accelerationism co-opting a civil rights tragedy into their own twisted agenda. They are being spotted as the fringes of the peaceful protests and incite violence and their ultimate goal of race war by staging bricks for breaking windows, wood and abandoned autos to start fires.
They showed a celebrity female chef (Nancy Silverton) in Santa Monica on the news last night. Her restaurant store in L.A. was looted, expensive bottle of wine all stolen and a small fire was set... She said she'll quickly rebuild. All those chic stores / restaurants have fire insurance policy but I wonder if there's any such as a "Looter Insurance Policy" ??? https://www.nbcnews.com/news/us-new...-live-updates-n1220126/ncrd1220566#blogHeader I'm not being funny or sarcastic because L.A. is known to insurance companies as problematic when there's chaos. I would then make sense that insurance companies would create a different type of insurance like "flood insurance" companies for homes along the Mississippi River. wrbtrader
Now the whole world is in crisis, not just a country. This proves once again that any strong country depends on the rest, albeit indirectly.
2months sat at home bored, excuse to wear masks to hide identity, there going out making up for lost time and any old excuse will do. 1 step closer to becoming a police state