Friday Good News Roundup: November 25, 2016
Callie Enlow — 5 Things to Know Today
Now that Thanksgiving is over, digest a little good news: The stock market is soaring; small businesses are excited; Europe is racing to develop posh electric vehicles; NASA is getting some love; and Aretha Franklin is lighting up the internet.
All four major equity benchmark indexes—Dow Jones, S&P 500, NASDAQ, and Russell 2000—hit record highs this week, the first time that's happened since 1999. In particular the Russell 2000's 15-day streak is the longest recorded since 1996.
A day devoted to buying local is gaining ground. Small Business Saturday, which falls the Saturday after Thanksgiving, saw a 12 percent bump in sales between 2014 and 2015. Some small retailers say the day is far more important to their bottom line than Black Friday, Small Business Saturday's bigger, cheaper cousin.
Jaguar Land Rover, which recently made headlines for its sexy I-Pace concept EV, is planning an expansion that could create 10,000 jobs at its English headquarters. The heart of its new strategy is pursuing alternative energy vehicles, a plan that lines up with the British government's stated goal of juicing its economy with battery and electric vehicle production. But the car company, and country, face stiff competition from German luxury brands Audi and BMW.
This week some researchers are giving thanks for NASA's Earth Sciences division, as the program looks likely to face an uphill battle for government funding. On Twitter, the #ThanksNASA hashtag includes tweets thanking the agency for its monitoring of climate, clouds, even volcano emissions, providing a glimpse into the scope of terrestrial projects the space agency is involved with.
On Thanksgiving, Aretha Franklin sang the National Anthem at the Detroit Lions-Minnesota Vikings football game. For five whole minutes. A country with the attention span of a gnat seemed to collectively shut up and listen as the Queen of Soul belted out her glorious version. And then of course we all freaked out about it on the internet, like we do.