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TradeBriefs Editorial

From the Editor's Desk

How Float used 'customer obsession' to build the right products

The first step in figuring out what customers need? Putting yourself in their shoes. It wasn't hard for Rob Khazzam – he'd experienced the problem he needed to solve first-hand.

Before founding Float, which offers expense software and corporate spending cards, Khazzam served as Uber's general manager, first across Central Europe, then in Canada. Even at one of the largest tech companies in the world, he still spent hundreds of thousands of dollars out of his own wallet on corporate purchases, then struggled get reimbursed quickly.



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Washington Post Reaches a Contract Deal With Its Newsroom Union    
Washington Post Reaches a Contract Deal With Its Newsroom Union
Benjamin Mullin reports on the major companies behind news and entertainment. Contact Ben securely on Signal at +1 530-961-3223 or email at [email protected]. More about Benjamin Mullin


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Elon Musk warns, ‘If you need encouragement to start a company, don’t do it’    
Elon Musk warns, ‘If you need encouragement to start a company, don’t do it’
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Biden Commutes Drug Sentences for 11 and Expands Marijuana Pardons    
Biden Commutes Drug Sentences for 11 and Expands Marijuana Pardons
Katie Rogers is a White House correspondent covering a range of issues, including foreign policy, domestic policy, and the Biden family. Her book, “American Woman,” about first ladies in the White House, will be published in February 2024. She joined The Times in 2014. More about Katie Rogers


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America’s Truckers Face a Chronic Headache: Finding Parking    
America’s Truckers Face a Chronic Headache: Finding Parking
“It’s scary because it can happen in the blink of an eye,” said Carmen Anderson, 64, a South Dakota-based truck driver for America’s Service Line, who recently had to park on an off-ramp in North Carolina after not being able to find parking at rest areas or truck stops.


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Principles at Stake in Push to Disqualify Trump: Will of Voters and Rule of Law    
Principles at Stake in Push to Disqualify Trump: Will of Voters and Rule of Law
But under the principle of democracy, the government’s legitimacy stems from the fact that voters decided whom to put in charge. The prospect of unelected judges denying voters the opportunity to make their own decision about Mr. Trump’s political future has given pause even to some of his critics who fervently hope Americans will reject him at the ballot box.


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New DeSantis Super PAC Revives Old Casey DeSantis Ad    
New DeSantis Super PAC Revives Old Casey DeSantis Ad
Shane Goldmacher is a national political correspondent, covering the 2024 campaign and the major developments, trends and forces shaping American politics. He can be reached at [email protected]. More about Shane Goldmacher


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Price Increases Cooled in November as Inflation Falls Toward Fed Target    
Price Increases Cooled in November as Inflation Falls Toward Fed Target
While that is still faster than the Fed’s goal, the report provided the latest evidence that price increases are swiftly slowing back toward the central bank’s target. After more than two years of rapid inflation that has burdened American shoppers and bedeviled policymakers, several months of solid progress have helped to convince policymakers that they may be turning a corner.


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Why Kellanova's Pop-Tarts sales are going strong 60 years later     
Why Kellanova's Pop-Tarts sales are going strong 60 years later
In 2022, snacking brought in $7.5 billion, or 60%, of Kellogg\'s sales. The company\'s five snack brands in order of profitability are Pringles, Cheez-It, Pop-Tarts, Eggo and Rice Krispies Treats. 


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Opinion | It’s Time for the U.S. to Give Israel Some Tough Love    
Opinion | It’s Time for the U.S. to Give Israel Some Tough Love
Thomas L. Friedman is the foreign affairs Opinion columnist. He joined the paper in 1981 and has won three Pulitzer Prizes. He is the author of seven books, including “From Beirut to Jerusalem,” which won the National Book Award. @tomfriedman • Facebook


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Biden Pardons Thousands Convicted Of Marijuana Charges On Federal Lands, D.C.    
Biden Pardons Thousands Convicted Of Marijuana Charges On Federal Lands, D.C.
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Bank hours on Dec. 23 and Christmas Eve 2023: Bank of America, Chase, Wells Fargo, and more    
Bank hours on Dec. 23 and Christmas Eve 2023: Bank of America, Chase, Wells Fargo, and more
© 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.


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Sales of electric vehicles surge as fast-charging sites double across Australia in a year    
Sales of electric vehicles surge as fast-charging sites double across Australia in a year
“More and more households and businesses are saving thousands of dollars on the upfront and running costs of their vehicles – with our EV discount making leasing EVs and plug-in hybrids cheaper than leasing petrol vehicles in many circumstances,” he said.


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Russia warns US and Europe over reports Ukraine may get its seized assets    
Russia warns US and Europe over reports Ukraine may get its seized assets
“Both Europeans and Americans are perfectly aware of the legal consequences that will have for the initiators and the enforcers,” Peskov said of the reported plans to seize Russian assets abroad. “In the end, if somebody confiscates something from us, we will see what we can confiscate in return. And if something is found, we will, of course, do it immediately. Therefore, these are steps that cannot but have serious consequences.”


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California town proposes ban on Pride, Black and women's history celebrations    
California town proposes ban on Pride, Black and women's history celebrations
"This proposal is a waste of time, money and resources since the city's schools, library, and arts programs already honor and provide awareness about the rich historic heritage of the US, State of California, and City of Huntington Beach. We should leave it to educators and professionals to handle these types of programs, not citizen volunteers who have a political agenda," another resident wrote in opposition to the agenda item. "Shame on you for designating We Love Our Libraries for August after everything you've done to weaken and wreak havoc within our library system."


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Biden pardons thousands of people convicted of marijuana possessions    
Biden pardons thousands of people convicted of marijuana possessions
Harris added: “These marijuana pardons will help thousands of people by making it easier for them to find a job, buy a home, and get an education … no-one should be in prison simply for smoking weed. That is why we continue to call on Governors to join us in this long-overdue work. Today, President Biden also commuted the sentences of 11 Americans serving time for non-violent drug offenses, individuals who would likely have received shorter sentences for the same crimes today.”


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'It feels very fun and freeing': US sees ebike boom after years of false starts    
'It feels very fun and freeing': US sees ebike boom after years of false starts
"The majority of people killed while walking are killed by cars, that is the real issue," MacArthur said. "The key thing is to have separated walking and biking areas to reduce conflicts. Ebikes won't solve everything, they aren't a panacea, but I think more cities will be leaning into them."


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German property prices plummet as housing bubble bursts    
German property prices plummet as housing bubble bursts
Wall Street shares resumed their upward climb on Thursday. The Dow Jones Industrial Average of 30 leading American companies closed up 0.9pc at 37,404.35 points, while the broader S&P 500 index was up 1pc at 4,746.75. Meanwhile, the Nasdaq Composite index, which is skewed towards technology shares, was up 1.3pc at 14,963.87.


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Ranking the top American players heading into 2024    
Ranking the top American players heading into 2024
It might be presumptuous putting the teenager here instead of more established players such as Mackenzie McDonald or Marcos Giron. But it\'s more fun, too. The big-serving, 6-foot-4 Michelsen took down both McDonald and John Isner on his way to the Newport finals in July. Success on the challenger and futures circuits bumped him into the top 100 and earned him a spot in the year-end NextGen finals. He\'s very much a work in progress, but he\'s a name to watch.


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Maine’s Secretary of State to Decide Whether Trump Can Stay on Ballot    
Maine’s Secretary of State to Decide Whether Trump Can Stay on Ballot
Mr. Trump could “remove this obstacle” to qualify for the ballot, Mr. Gordon said in his complaint, by “acknowledging that he lost the 2020 election and repudiating all previous statements undermining the integrity of that election.”


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Explaining the South on Instagram, One Custom at a Time    
Explaining the South on Instagram, One Custom at a Time
He wants to make it a year before he revisits any topics. But after that, he would like to correct the record on a few items — namely, deviled eggs. In his first video about them, he mentioned topping them with cracker crumbs. The backlash was swift.


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Justices in Wisconsin Order New Legislative Maps    
Justices in Wisconsin Order New Legislative Maps
“For too long, right-wing interests have rigged the rules without any consequences,” he said. “Gerrymandered maps have distorted the political landscape, stifling the voice of the voters.”


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Paramedics Found Guilty in Last Trial in Elijah McClain Death    
Paramedics Found Guilty in Last Trial in Elijah McClain Death
The paramedic trial marks the last chapter in a four-year saga that rocked the city of Aurora and its troubled police force. Mr. McClain’s name and face would become among the most recognizable during the social justice protests of 2020. Local and state investigations followed, and eventually so did policy changes in the Police and Fire Departments.


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In South Carolina, Democrats See a Test of Biden’s Appeal to Black Voters    
In South Carolina, Democrats See a Test of Biden’s Appeal to Black Voters
Maya King is a politics reporter covering the South. Prior to joining The Times, she was a national political reporter at Politico, where she covered the 2020 presidential election. More about Maya King


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A World Leader on Ukraine, the U.S. Is Now Isolated Over Gaza    
A World Leader on Ukraine, the U.S. Is Now Isolated Over Gaza
Michael Crowley covers the State Department and U.S. foreign policy for The Times. He has reported from nearly three dozen countries and often travels with the secretary of state. More about Michael Crowley


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Supreme Court Won’t Hear Case on Trump’s Immunity Defense for Now    
Supreme Court Won’t Hear Case on Trump’s Immunity Defense for Now
Adam Liptak covers the Supreme Court and writes Sidebar, a column on legal developments. A graduate of Yale Law School, he practiced law for 14 years before joining The Times in 2002. More about Adam Liptak


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After Trump Pardons, Democratic Lawmaker Seeks More Transparency    
After Trump Pardons, Democratic Lawmaker Seeks More Transparency
Carl Hulse is the chief Washington correspondent, primarily writing about Congress and national political races and issues. He has nearly four decades of experience reporting in the nation’s capital. More about Carl Hulse


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Trump’s Long Fascination With Genes and Bloodlines Gets New Scrutiny    
Trump’s Long Fascination With Genes and Bloodlines Gets New Scrutiny
Mr. Trump has also been accused by historians of echoing the language of fascist dictators, including Hitler. Last month, he described his political opponents as “vermin” that needed to be rooted out.


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Readers Share the Best Parts of 2023    
Readers Share the Best Parts of 2023
Whether you’ve set ambitious New Year’s resolutions or you’re simply looking for a fun day to follow a long night, the great outdoors beckon. Find details about the event and stats for each hike on this interactive map on the California Department of Parks and Recreation website.


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Hunter Biden Text Cited in Impeachment Inquiry Is Not What G.O.P. Suggests    
Hunter Biden Text Cited in Impeachment Inquiry Is Not What G.O.P. Suggests
Adam Entous is a Washington-based investigative correspondent and a two-time Pulitzer Prize winner. Before joining the Washington bureau of The Times, he covered intelligence, national security and foreign policy for The New Yorker magazine, The Washington Post and The Wall Street Journal. More about Adam Entous


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Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years    
Tech companies like Google and Meta made cuts to DEI programs in 2023 after big promises in prior years
White said companies who made cuts this year may have a difficult time building future relationships with DEI stakeholders, and it may impact their ability to attract and retain talent, should they decide to build up again in the future.


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'We want to let people know before floods hit them'    
'We want to let people know before floods hit them'
Back at Google, Mr Matias is optimistic about the future extent of the impact AI can have on flood prediction. \"Ideally, I\'d love to get to a point where nobody is surprised by a flood coming their way, or for that matter, any other natural disaster, so that people can be prepared, and we\'re not going to see loss of lives in places, or damages in places, that we don\'t have to,\" he says.


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Rail fares in England to rise by up to 4.9% in March    
Rail fares in England to rise by up to 4.9% in March
\"The government is presiding over the managed decline of the railway, with huge cuts to safety critical infrastructure on the one hand, whilst allowing privatised train operators to pay out huge shareholder dividends with the other,\" RMT general secretary Mick Lynch said.


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What went wrong at Smile Direct Club?    
What went wrong at Smile Direct Club?
University of Pennsylvania professor Anna Wexler, who has studied direct-to-consumer health firms, said she still sees a future in remote or partially remote orthodontic care, noting that younger generations especially are frustrated with the current health care options and looking for models that are more convenient and affordable.


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Airbus Atlantic: 700 staff sick after Christmas dinner    
Airbus Atlantic: 700 staff sick after Christmas dinner
ARS did not provide details about exactly what food might have made people ill at the dinner, which took place last week, but it did say earlier on Friday that diners showed \"clinical signs of vomiting or diarrhoea\".


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Apple’s Newest Headache: An App That Upended Its Control Over Messaging    
Apple’s Newest Headache: An App That Upended Its Control Over Messaging
Tripp Mickle reports on Apple and Silicon Valley for The Times and is based in San Francisco. His focus on Apple includes product launches, manufacturing issues and political challenges. He also writes about trends across the tech industry, including layoffs, generative A.I. and robot taxis.


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U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies    
U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies
As part of that beefed-up policy, other participants in the energy trade supply chain will have to be ready to provide more information about ancillary costs, such as shipping fees, that traders have been inflating to disguise higher prices that are being paid for Russian oil.


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Substack Says It Will Not Ban Nazis or Extremist Speech    
Substack Says It Will Not Ban Nazis or Extremist Speech
While Substack says it does not allow users to call for violence, even that distinction can be murky, Professor Braddock said, because racists and extremists can walk up to the line without overtly doing that. But their rhetoric can still inspire others to violence, he said.


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Bristol Myers to Acquire Karuna, a Neuroscience Drugmaker, for $14 Billion    
Bristol Myers to Acquire Karuna, a Neuroscience Drugmaker, for $14 Billion
Bristol’s other schizophrenia drugs have included the drug Abilify. In recent years, it has also been doubling down on developing cancer drugs, and to that end acquired Celgene, a maker of the blockbuster Thalomid and Revlimid cancer medicines, for $74 billion in 2019.


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Irwin Cohen, Who Turned a Factory Into Chelsea Market, Dies at 90    
Irwin Cohen, Who Turned a Factory Into Chelsea Market, Dies at 90
Two years later, though, he acknowledged that perhaps the reptilian display was one — perhaps the only — design experiment at the market that was a trifle too exotic. The eels and salamanders and frogs and crayfish were replaced by more prosaic tropical fish.


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Help! It’s Almost 2024 and Travelers Keep Making the Same Mistakes.    
Help! It’s Almost 2024 and Travelers Keep Making the Same Mistakes.
I get so many complaints about huge O.T.A.’s like Expedia and Booking.com that I’ll have to spin the wheel to find someone to help. OK, let’s take John of New Port Richey, Fla. Last February, he found a British Airways flight for four passengers from Tampa, Fla., to Venice, Italy, on Priceline. He tried to book twice, with different credit cards, but both times was told his purchase was unsuccessful.


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Apple Explores A.I. Deals With News Publishers    
Apple Explores A.I. Deals With News Publishers
Tripp Mickle reports on Apple and Silicon Valley for The Times and is based in San Francisco. His focus on Apple includes product launches, manufacturing issues and political challenges. He also writes about trends across the tech industry, including layoffs, generative A.I. and robot taxis.


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Overlooked No More: Ethel Lindgren, Anthropologist of Reindeer Herding Cultures    
Overlooked No More: Ethel Lindgren, Anthropologist of Reindeer Herding Cultures
Lindgren was the secretary of the Reindeer Council of the United Kingdom and the Reindeer Company until her death, on March 23, 1988. She was 83. Since then, the herd has been managed by Tilly Smith, the only female herder in Britain, and her husband, Alan.


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A Lucrative Tax Credit for Making Clean Fuel Won’t Be So Easy to Get    
A Lucrative Tax Credit for Making Clean Fuel Won’t Be So Easy to Get
To that end, the Energy Department is also spending $7 billion to create hydrogen hubs around the country to connect producers and buyers, while setting up programs to stimulate demand for hydrogen and reduce the cost of electrolyzers.


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This Gorilla’s Caregivers Face Familiar Questions About Aging    
This Gorilla’s Caregivers Face Familiar Questions About Aging
But even People for the Ethical Treatment of Animals, whose position is that wild animals belong in the wild, acknowledged in an email that zoos like San Diego’s, accredited by the Association of Zoos & Aquariums, meet high standards of animal care.


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Here's when you can visit a national park for free in 2024    
Here's when you can visit a national park for free in 2024
For example, Yosemite recently announced that visitors will need to buy an advance reservation for weekends from April 13 through June 30, and Aug. 17 through Oct. 27, including holidays. They will also need one every day from July 1 through Aug. 16.


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Karuna Therapeutics surges 47% after Bristol Myers Squibb announces $14 billion deal     
Karuna Therapeutics surges 47% after Bristol Myers Squibb announces $14 billion deal
\"With Bristol Myers Squibb\'s long-standing expertise in developing and commercializing medicines on a global scale and legacy in neuroscience, KarXT and the other assets in our pipeline will be well-positioned to reach those living with schizophrenia and Alzheimer\'s disease psychosis,\" he said in a statement. 


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Fed's favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected    
Fed's favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected
For each of its last three meetings, the Federal Open Market Committee has held the line, keeping its benchmark overnight borrowing rate targeted between 5.25%-5.5%. At its meeting last week, the committee indicated it is done raising rates and expects to implement cuts totaling 0.75 percentage point in 2024. Markets expect the first rate reduction to happen in March.


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Israeli-U.S. Citizen Listed as a Hostage Is Now Said to Have Been Killed    
Israeli-U.S. Citizen Listed as a Hostage Is Now Said to Have Been Killed
Hamas and other Palestinian groups killed roughly 1,200 people and abducted some 240 others during the Oct. 7 attack, Israeli authorities say. It was the deadliest attack in the country’s history.


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A Tokyo Taxi Driver Is Charged With Running Down a Pigeon    
A Tokyo Taxi Driver Is Charged With Running Down a Pigeon
Hisako Ueno has been reporting on Japanese politics, business, gender, labor and culture for The Times since 2012. She previously worked for the Tokyo bureau of The Los Angeles Times from 1999 to 2009. More about Hisako Ueno


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Hochul Plans to Veto Ban on Noncompete Agreements in New York    
Hochul Plans to Veto Ban on Noncompete Agreements in New York
Luis Ferré-Sadurní is the Albany bureau chief and covers New York State politics. He joined The Times in 2017 and previously wrote about housing for the Metro desk. He is originally from San Juan, Puerto Rico. More about Luis Ferré-Sadurní


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U.N. Security Council Passes Resolution On Aid For Gaza After U.S. Resistance    
U.N. Security Council Passes Resolution On Aid For Gaza After U.S. Resistance
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Wisconsin Supreme Court Orders New Legislative Maps In Redistricting Case Brought By Democrats    
Wisconsin Supreme Court Orders New Legislative Maps In Redistricting Case Brought By Democrats
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At Least 2 People Killed As Storm Batters Northern Europe    
At Least 2 People Killed As Storm Batters Northern Europe
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Fani Willis Says Trump Won't Get A 'Special Break' In Georgia Election Case    
Fani Willis Says Trump Won't Get A 'Special Break' In Georgia Election Case
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RNC Heads Into Presidential Election Year With A Small Fraction Of What It Had Four Years Ago    
RNC Heads Into Presidential Election Year With A Small Fraction Of What It Had Four Years Ago
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Donald Trump Reveals When He'd Join GOP Debates    
Donald Trump Reveals When He'd Join GOP Debates
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Authorities Knew Maine Shooter Was A Threat But Felt Confronting Him Was Unsafe, Video Shows    
Authorities Knew Maine Shooter Was A Threat But Felt Confronting Him Was Unsafe, Video Shows
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Abby Phillip Shows Why Trump Is 'Head Cheerleader' In Hypocrisy Over Colorado    
Abby Phillip Shows Why Trump Is 'Head Cheerleader' In Hypocrisy Over Colorado
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GOP House Candidate’s Local Bridge Expert Faces Election Charges    
GOP House Candidate’s Local Bridge Expert Faces Election Charges
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