⁍ Facebook and JPMorgan may just be at the forefront of getting its workers’ noses back to the office grindstone.
⁍ Consumer spending appears to be fighting fit amid the pandemic.
⁍ Fast-fashion specialist H&M said on Tuesday that it’s on track to deliver a pre-tax profit of 2 billion Swedish crowns.
– Pandemic H1N1 may be over, but it’s not over for Facebook employees. The social media giant has agreed to buy Camping Recreational Equipment’s 400,000-square-foot headquarters campus in Bellevue, Wash., for $390 million, the Wall Street Journal reports. Facebook employees will still be allowed to work from home until next July, but the company is betting that once they’re back in the office, they’ll be in demand. It’s also planning to buy the original site of New York’s main post office, per Reuters.
Source: https://www.reuters.com/article/us-health-coronavirus-finance-breakingvi/breakingviews-corona-capital-offices-carnival-insurance-idUSKBN2662NT