Brand Story

Analyst Breakdown

• A group of former Glossier retail employees sent a letter to the beauty and skin care brand demanding “accountability” and “change” amid accusations that the company’s culture has been far from inclusive
• Over the weekend, “a collective of former Glossier retail employees” banded together to create a series of social media accounts called “Outta the Gloss,” a riff on Glossier’s blog, “Into the Gloss
• ” Additionally, they put together a Medium post outlining accusations against the company with anecdotes from employees’ time at the company

Analyst Breakdown

• Pinterest has named the first Black member to the social media network’s board of directors, following allegations of racism at the company
• Andrea Wishom, president at Skywalker Holdings and formerly with Harpo Productions and “The Oprah Winfrey Show,” was appointed to the board on Monday
• A press release quoted Pinterest CEO and co-founder Ben Silbermann, who called Wishom a “passionate advocate for building a company culture of respect, integrity, inclusion and support” and noted that Pinterest needed to improve in those areas

Analyst Breakdown

• NEW YORK (AP) — Apple is the first U
• company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion
• Apple shares have gained nearly 60% this year as the company overcame the shutdown of factories in China that produce the iPhone and the closure of its retail sales amid the coronavirus pandemic

Analyst Breakdown

• HONG KONG (AP) — TikTok CEO Kevin Mayer resigned Thursday amid U
• pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk
• In a letter to employees, Mayer said that his decision to leave comes after the “political environment has sharply changed

Analyst Breakdown

• Hurricane Laura struck the Gulf Coast on Thursday morning, barreling into the country’s largest cluster of offshore drilling rigs, refineries and export facilities as one of the most powerful storms to ever make landfall in the U
• In theory, it could have forced a turning point for the oil and gas industry
• The coronavirus pandemic sent demand for fuel plummeting to historic lows, triggering unprecedented financial losses for oil companies already drowning in debt

Analyst Breakdown

• Back in January, in the before times, Kelly was hunting for a house in Baltimore, where she works in marketing
• The 27-year-old was newly married
• She and her engineer husband found a dream home — a three-bedroom, brick-fronted row house with a fenced-in backyard and a roof deck — but it was just out of their price range