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Fed’s Bostic on why the South has the lowest unemployment rate in the country – MarketWatch

‘The virus came to us after it had been to California, the West Coast and New York,’ Bostic said. That bought the region more time to prepare for its arrival.

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The Southern region of the U.S. is currently experiencing the lowest unemployment rate in the country of 6.9%.Notably many Southern states including Georgia and Florida were among the first to reopen parts of their economies while business lockdowns were in place in many parts of the country to curb the spread of coronavirus. Thats not the reason why the unemployment rate in the region is so low compared to the Northeast where the rate is three percentage points higher as of August, said Atlanta…

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Stocks making the biggest moves premarket: Dunkin’ Brands, AstraZeneca, Hasbro & more – CNBC

Dunkin’ Brands is talking about going private. Bank of America says Winnebago will keep benefiting from the recent RV craze.

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Check out the companies making headlines before the bell Monday:
Dunkin’ Brands (DNKN) Dunkin’ shares rallied more than 15% in the premarket after the company said it was in talks to be acquired by Inspire Brands, the owner of restaurant chains Arby’s and Jimmy John’s. The New York Times said a deal would take Dunkin’ Brands private for $106.50 per share, which would be 20% above the stock’s closing price of $88.79 per share on Friday. 
AstraZeneca (AZN) Astrazeneca shares gained 0.8% after the…

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Walmart exclusively nabs KFC’s coveted chicken-scented firelogs – Fox Business

The move gives the retailer an edge over competitors due to the fact that the product has sold out two years in a row.

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If you can’t bear the holidays without the smell of fried chicken roasting in your fireplace, Walmart has you covered.
The nation’s largest retailer is exclusively launching KFC’s highly coveted Herbs and Spices Firelog — created in partnership with Enviro-log — during the upcoming holiday season.
Its third consecutive season of the fried chicken-scented firelogs kicks off Monday when the product hits select store shelves and Walmart.com.
WALMART EXTENDS BLACK FRIDAY DEALS AS SPENDING HABITS CHANGE

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Arcimoto’s 3-wheeled electric fun-mobile is headed for mass production, residential delivery – Electrek.co

Eugene, Oregon-based Arcimoto’s three-wheeled electric Fun Utility Vehicle (FUV) is marching towards an annual production rate of 50,000 vehicles in two years….

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Eugene, Oregon-based Arcimoto’s three-wheeled electric Fun Utility Vehicle (FUV) is marching towards an annual production rate of 50,000 vehicles in two years. And to get all of those FUVs to their new owners, Arcimoto has just announced a partnership with DHL.
The Arcimoto FUV is a street-legal electric vehicle designed in a tadpole trike setup with a single rear wheel. That offers increased stability, which is important for the fast and fun 75 mph (120 km/h) EV.
Arcimoto’s just-announced DHL partnership…

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