The Best One Yet 🌬️ “Chewing Gum is Out” — Orbit’s gum turnaround. GM’s $8B robotaxi hole. Job Promotion dropoff.
Jun 13, 2024
Orbit Gum shifts to mindfulness, GM invests $8B in robotaxi startup, job promotions halved. Nathan's Hot Dogs splits from champ Joey Chestnut over vegan wieners. Business trends with a humorous touch, BetterHelp and ZocDoc sponsorship highlights, impact of decreased job promotions in labor market.
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Gum Marketing's Circle of Life
- Chewing gum sales in the US have declined for 14 straight years, worsened by the pandemic.
- The gum industry is shifting its marketing from freshness to stress relief, reviving an old 1900s message.
GM Invests Billions Betting on Cruise
- General Motors has invested $9 billion in Cruise, a self-driving car startup that has generated zero revenue so far.
- GM believes Cruise's potential to disrupt ride-hailing justifies continued massive investment despite current losses.
Get Curious Not Furious
- When confronted with someone who bothers you, choose curiosity over anger.
- Asking questions instead of reacting can prevent conflicts effectively.