Corporate Strategy

Kimberly Redmond | |

JPMorgan Chase & Co sent a memo to all of its US-based employees “strongly” urging them to get vaccinated against COVID-19 before a planned return to the office in July.

In the memo sent late Wednesday, the bank said regardless of vaccination status, employees will be expected back at work a minimum of 50% and possible 100% of the time, depending on their role and occupancy limits.

Kimberly Redmond | |

Plant-based protein company Beyond Meat Inc’s (Nasdaq: BYND) breakfast sandwich and breakfast wraps are no longer being served at Dunkin’ locations nationwide.

The Inspire Brands-owned coffee and doughnut chain first began selling the faux-meat breakfast items at all of its 9,000 US locations in 2019, but Beyond Meat will now only be available at a few hundred shops, Fox News reported.

Jeff Kagan | |

When AT&T acquired DirectTV, then Time Warner — renaming it WarnerMedia along with Warner Brothers Studio, CNN and the rest — I was not quite sure how it would all work out. AT&T had a good story to tell. It held impressive analyst meetings at Warner Brothers Studio, and all of its activity was moving to change and integrate content with services. It was a stretch, but if it worked, it would change everything.

Kimberly Redmond | |

Dating app Bumble Inc (Nasdaq: BMBL) gave its entire staff off this week in an effort to combat burnout brought on by the COVID-19 pandemic.

According to NBC News, the company provided an extra week of paid vacation to its 750 employees who work at its headquarters in Austin, Texas, and in Bumble's global offices in London, Moscow, London, Barcelona, Sydney and Mumbai.

Kimberly Redmond | |

McDonald’s Corporation will launch its first-ever loyalty program nationwide on July 8, the fast-food chain announced Tuesday.

As part of the program — which will be available exclusively through the McDonald’s app — members will earn 100 points for every dollar spent on qualifying purchases.

Reuters | |

Morgan Stanley's staff and clients will not be allowed to enter the bank's New York offices if they are not fully vaccinated, the Financial Times reported on Tuesday, citing an internal memo.

Kimberly Redmond | |

United Parcel Service (UPS) is launching a pilot program to explore whether or not a same day delivery model is feasible for the company, according to The Wall Street Journal.

During an investor day webcast on Wednesday, UPS chief executive officer Carol Tomé said, “We don’t have a same day product today, as you know, and so we’re looking at it. We don’t have this all the way figured out, but we’ve got a team of people looking at it.”

AP News | |

Facebook plans to end a contentious policy championed by CEO Mark Zuckerberg that exempted politicians from certain moderation rules on its site, according to several news reports.

The company’s rationale for that policy held that the speech of political leaders is inherently newsworthy and in the public interest even if it is offensive, bullying or otherwise controversial.

Kimberly Redmond | |

Walmart Inc (NYSE: WMT) is giving half of its US employees free cell phones so they can use a new company-developed app to clock in, manage their schedules and keep in touch with co-workers.

On Thursday, the Arkansas-based retail giant said more than 740,000 workers would be offered new Samsung XCover Pro smartphones, cases and protection plans by the end of the year.

Kimberly Redmond | |

United Airlines announced Monday it is giving passengers a chance to win a year of free flights in exchange for getting vaccinated against COVID-19.

As part of the “Your Shot to Fly” sweepstakes, frequent fliers enrolled in the MileagePlus loyalty program who upload their vaccination records to United’s mobile app or website through June 22 are eligible to win a roundtrip flight for two passengers “to anywhere in the world United flies,” the Chicago-based airline said.