Tuesday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Tuesday’s business headlines.
Women in business
Fortune has announced the 2020 edition of its Most Powerful Women in Business list, which includes 16 Fortune 500 CEOs and the return of Jane Fraser, who in February 2021 will become the first woman to head a major U.S. bank.
Top honors go to Accenture CEO Julie Sweet for the first time.
It has also led to a drop in the rankings of executives like Facebook’s COO Sheryl Sandberg and Yotube’s CEO Susan Wojcicki, who Fortune said failed to have platform that reigns in misinformation and censors topics.
Apple
An analyst says Apple’s first-day preorders for iPhone 12 surpassed the iPhone 11.
TF International Securities says it sold up to 2 million iPhone 12 models in the first 24 hours of peorders, up from 800,000 units of the iPhone 11 for the same period last year.
The iPhone 12 Pro sold better than expected thanks to strong demand in China.
Walmart
Walmart has a string of three shopping events called Black Friday deals for days starting on Nov. 4.
Early items on sale are Apple Airpods, HP Chromebooks and Instant Pots.
Events will take place Nov. 4, Nov. 11 and Nov. 25.
Walmart will be closed on Thanksgiving Day for the first time in 30 years.
Dentists
Dentists are finding patients are hesitant to come back.
USA Today says that’s likely to trigger increased fees for patients, job cuts for workers and fewer family practices.
While 99% of dentists have reopened, the number of patients visiting offices remains about 20% below usual levels, according to the American Dental Association.