Tipsheet: Cornell +$77.5M | Gas Outage Summer? | Amazon #1 Best Workplace
Coming this summer: Gas stations running out of gas at CNN. “Not that there’s a looming shortage of crude oil or gasoline. Rather, it’s the tanker truck drivers needed to deliver the gas to stations who are in short supply. According to the National Tank Truck Carriers, the industry’s trade group, somewhere between 20% to 25% of tank trucks in the fleet are parked heading into this summer due to a paucity of qualified drivers.” Read more
LinkedIn Top Companies 2021: The 50 best workplaces to grow your career in the U.S.
- Amazon #1 / Walmart #9 / CVS #15 / Target #28 / Home Depot #48 List
Walmart Expands Delivery to Your Fridge at Bloomberg. “Pets must be kept out of the way, although Walmart is testing letting them roam free in one market. The service costs $19.95 a month with a 30-day free trial…Mumbi Mundia-Howe, a mother of five living in the Pittsburgh suburbs, likes that she gets the same delivery staff on each order. One unexpected benefit: The $20 fee is less than she tipped her regular grocery delivery people each month.” Read more
Target CEO Brian Cornell says George Floyd’s murder pushed him to do more about racial equity, diversity at CNBC. “He spoke in a wide-ranging interview with Ulta Beauty CEO Mary Dillon, which was hosted by the Economic Club of Chicago…As a young boy, Cornell grew up in a diverse neighborhood of Queens, New York, and was raised by a single mom. As an adult, he and his family lived in Asia and Europe.” Read more
Target CEO Brian Cornell’s total compensation rises to $77.5M at Fox Business. “The majority of Cornell’s compensation came from long-term equity awards that were either vested or exercised in 2020, which had a combined worth of $70 million. About $40.8 million came from restricted stock that was vested in 2020, while another $29.2 million came from options that were exercised.” Read more
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Walmart’s latest strategy to get your stuff to you faster at CNN. “Walmart announced Wednesday that it will add dozens of 20,000 square-foot to 30,000 square-foot automated fulfillment centers in the coming years, either in the backrooms of its stores or next to them.” Read more
U.S. auto sales to more than double in April – J.D. Power, LMC Automotive at Reuters Read more
Target teams with Hilton Carter on a plant-focused home décor line at A Bullseye View. “Searches for plants on Target.com have increased by more than 300% over the last year — a clear indicator that guests want to bring some of the outdoors inside to brighten up their space,” says Jill Sando, executive vice president and chief merchandising officer, Target.” Read more
Elon Musk taunts Jeff Bezos over Blue Origin’s challenge to SpaceX’s contract for lunar lander at GeekWire. “Musk twisted the knife a bit on Twitter, using a phrase with sexual overtones to note that Blue Origin hasn’t yet launched a rocket to orbit. “Can’t get it up (to orbit) lol,” he wrote.” Read more
Tipsheet Extra
Girl Scout cookies take flight in Virginia drone deliveries
Elizabeth Warren takes aim at FedEx, Nike, Amazon in push for corporate tax hike
AP analysis: The expected COVID baby boom may be a baby bust
Mass. Attorney General: Vaccines should be required for public employees
Workers could get 12 weeks of paid leave under Biden’s plan
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