Remote work has helped boost employment for the second-largest minority group in the U.S.: adults with disabilities, Hope writes.

Driving the news: The labor force participation rate of workers 16 years and over with disabilities reached 23.3% in November last year — the highest it's been since 2008.

• It's dipped slightly since then to 22.5% as of August, but that's still higher than it's been since 2009.

State of play: Workers with disabilities had been asking to work remotely for decades before the pandemic and had consistently heard companies say "no," says Thomas Foley, executive director of the National Disability Institute (NDI).

• During the pandemic, when "we all realized that ... many of us could work remotely ... that was a disproportionately positive for people with disabilities."

Threat level: Some companies have started to call workers back to the office — potentially putting this progress in jeopardy.

What to watch: The September jobs report comes out tomorrow.

👎 Elon Musk says Twitter “will not take yes for an answer.” (Fortune)

🚗 Porsche has overtaken its former parent Volkswagen as Europe’s most valuable carmaker. (CNN)

Peloton CEO Barry McCarthy just started the clock on the company's effort to remain independent, Hope writes.

• The personal fitness business has about six months — roughly until April — to reverse its spiraling fortunes, McCarthy told WSJ today.

Why it matters: Peloton is in the midst of a massive turnaround strategy centered on going mass market and cutting costs dramatically.

Driving the news: The company today announced its fourth round of layoffs this year — with 500 jobs cut on top of the thousands already eliminated.

• Cuts in marketing are heaviest in this latest round.
• McCarthy took over in February. He recently told investors at a Goldman Sachs conference that he came out of retirement to do one thing — fix Peloton — and that he would go back into retirement once the job was finished.

The big picture: Peloton is one of several companies that bet too heavily on the staying power of pandemic trends.

• Shopify cut staff this year after it misjudged e-commerce trends and expanded too rapidly.
• FedEx is closing locations, as well as cutting costs and worker hours, after overestimating how long demand would last as its costs rose.

REI is opting out of Black Friday for good, Nathan writes.

• The outdoor retailer, which is set up as a co-op, announced Thursday that it will permanently close on the day after Thanksgiving.
• The chain has been closed on Black Friday since 2015, choosing instead to promote its "Opt Outside" movement.

What they're saying: "For this Black Friday, and every Black Friday in the future, the co-op will forgo profits and sales at all locations, and instead pay its more than 16,000 employees to enjoy time outside," REI said in a statement.

State of play: The closure goes beyond REI's stores. It also includes its distribution centers, call centers and headquarters.

💭 Nathan's thought bubble: These days, the day after Thanksgiving is less important than ever to retailers' bottom lines, as stores have spread promotions over a longer period of time. But giving people the day off is still meaningful.

"'I’ll wait for when we turn the corner,' shoppers think. Well, we turn the corner and it turns out there will be another corner."