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TradeBriefs Editorial

From the Editor's Desk

Serve More Customers With Inclusive Product Design

The spring 2024 issue’s special report looks at how to take advantage of market opportunities in the digital space, and provides advice on building culture and friendships at work; maximizing the benefits of LLMs, corporate venture capital initiatives, and innovation contests; and scaling automation and digital health platform.

The spring 2024 issue’s special report looks at how to take advantage of market opportunities in the digital space, and provides advice on building culture and friendships at work; maximizing the benefits of LLMs, corporate venture capital initiatives, and innovation contests; and scaling automation and digital health platform.

Imagine a product that millions of people find frustrating to use because of a design choice that could have easily been avoided. If it were your product, wouldn’t you want to know who was frustrated by it and why, how to fix the problem, and how your organization could avoid making similar mistakes in the future?

Continued here


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Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%  
  

Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%
Tesla shipped a record 1.8 million EVs in 2023. But the company spent much of the year slashing prices on its most popular models in an effort to counterbalance the impact of high interest rates and increased global competition. The company has also reportedly dropped — or at the very least, delayed — plans to build a lower-cost EV that would retail starting at around $25,000, opting instead to use the underlying platform being developed to power an alleged robotaxi that Musk said will debut on August 8.


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Tesla layoffs hit high performers, some departments slashed, sources say  
  

Tesla layoffs hit high performers, some departments slashed, sources say
Baglino\'s departure comes just a few months after Tesla\'s previous CFO, Zachary Kirkhorn, stepped down. In January, Musk posted on X, formerly Twitter, that he would want to have around 25% voting control of Tesla in order to focus more fully on the company, rather than on his other companies, and help the EV-maker become a leader in AI and robotics.


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The latest tech sell-off is a buying opportunity as earnings could power stocks 15% higher, Wedbush says  
  

The latest tech sell-off is a buying opportunity as earnings could power stocks 15% higher, Wedbush says
Recession concerns have also climbed higher, as high rates risk overtightening the economy into a downturn. The US has a 58% chance of tipping into a recession by March 2025, according to the latest estimate from the New York Fed.


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Tesla extends its 2024 stock skid to 34% as top execs reportedly depart amid job cuts  
  

Tesla extends its 2024 stock skid to 34% as top execs reportedly depart amid job cuts
\"Inventory built up in 1Q and it appears that the primary driver of the softer delivery numbers was declining demand for electric vehicles across geographies, especially in North America, where EV sales volumes have been largely flat since the summer of 2023,\" Bank of America said in a note last week.


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New Migrants Get Work Permits. Other Undocumented Immigrants Want Them, Too.  
  

New Migrants Get Work Permits. Other Undocumented Immigrants Want Them, Too.
Now groups representing undocumented immigrants and their U.S.-citizen children — as well as their employers — are urging the president to deploy the same broad power to open channels for the more than eight million living in the United States who are barred from legal employment.














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Owners of Funeral Home With Decaying Bodies Are Charged With Covid Relief Fraud  
  

Owners of Funeral Home With Decaying Bodies Are Charged With Covid Relief Fraud
During the hearing, Assistant United States Attorney Tim Neff argued that the Hallfords were a flight risk, and said that they fled to Oklahoma last year when the decaying bodies were initially found, The Associated Press reported.


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A Historic Day  
  

A Historic Day
Trump’s supporters also soon descended. A pickup truck decked out in Trump flags, honking and blasting “Trump 2020,” drove past the courthouse, and the former president’s backers gathered, adorned with red Trump hats and flags, American and otherwise, including one that read “Trump or Death.”


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Donald Trump's Truth Social shares drop to lowest since January  
  

Donald Trump's Truth Social shares drop to lowest since January
\"If people who believe in putting America First and want to Make America Great Again, support TRUTH, we will be your Voice like never before,\" he urged his followers on the platform over the weekend.


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NPR C.E.O. Faces Criticism Over Tweets Supporting Progressive Causes  
  

NPR C.E.O. Faces Criticism Over Tweets Supporting Progressive Causes
An NPR spokeswoman, Isabel Lara, said in a statement that Ms. Maher “was not working in journalism at the time and was exercising her First Amendment right to express herself like any other American citizen.”


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Flying With Dogs or Cats? These Are Airlines’ Pet Policies  
  

Flying With Dogs or Cats? These Are Airlines’ Pet Policies
Recently, American Airlines relaxed its pet policy to allow passengers to bring a carry-on bag in addition to a pet in a carrier, and more private flight options have been emerging in recent years for pet owners who can afford them.


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Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this year  
  

Raimondo: Commerce Dept. will spend all of the CHIPS Act grant money this year
\"It\'s a little city of manufacturing, and around it will come suppliers,\" she continued. \"So when I say the whole ecosystem, it\'s research and development, packaging, manufacturing, job training, and all of the upstream suppliers which will make America stronger and more secure.\"


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New York tax preparer charged with causing more than $100 million in losses from fraudulent returns  
  

New York tax preparer charged with causing more than $100 million in losses from fraudulent returns
Alvarez, who lives in Cortlandt Manor, New York, is charged in the new criminal case with one count of conspiracy to defraud the United States and making false statements, which has a maximum five-year prison sentence if he is convicted, along with four counts of aiding and assisting preparation of false and fraudulent U.S. individual income tax returns and attempting to interfere with the administration of the internal revenue laws.


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'This is make or break' — students are still waiting on financial aid days ahead of National College Decision Day  
  

'This is make or break' — students are still waiting on financial aid days ahead of National College Decision Day
\"We are really just trying to encourage our campuses to be as flexible as possible,\" said Charles Welch, president and CEO of the American Association of State Colleges and Universities. \"Our No. 1 concern is making sure we give students every opportunity they can to make determinations about financial eligibility.\"


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Prosecutor asks judge to sanction Donald Trump for gag order violation in hush money case  
  

Prosecutor asks judge to sanction Donald Trump for gag order violation in hush money case
As a result of a sustained effort by Trump\'s team to either dismiss his indictments or delay his trials, the hush money case could be the only one that goes to trial in the middle of the 2024 presidential campaign.


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Roads blocked as thousands protest in US against Israel's attack on Gaza  
  

Roads blocked as thousands protest in US against Israel's attack on Gaza
The Israel Defense Forces (IDF) has instead continued its military operations and disrupted humanitarian aid from reaching Gaza, where Palestinians remain at risk of famine and an almost totally destroyed healthcare infrastructure.


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Carers having to pay back thousands is very wrong, says Keir Starmer  
  

Carers having to pay back thousands is very wrong, says Keir Starmer
“Claimants have a responsibility to inform DWP of any changes in their circumstances that could impact their award, and it is right that we recover taxpayers’ money when this has not occurred.”


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US federal women's prison plagued by rampant staff sexual abuse to close  
  

US federal women's prison plagued by rampant staff sexual abuse to close
FCI Dublin is one of many women's prisons in the US to be plagued with major sexual abuse scandals. The two state women's prisons in California have also faced repeated controversies surrounding guards harassing and assaulting residents, and retaliating against those who speak out. One former state guard was charged last year with nearly 100 sexual abuse counts, accused of violating at least 22 women in custody.


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Owners of Colorado funeral home where 190 bodies were found charged with Covid fraud  
  

Owners of Colorado funeral home where 190 bodies were found charged with Covid fraud
Colorado has some of the most lax regulations for funeral homes in the country. Those who operate them do not have to graduate high school, let alone get a degree in mortuary science or pass an exam. The case has pushed lawmakers to introduce bills bringing the rules in line with most other states, even surpassing some.


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Trump Media stock tanks 18% on move to issue millions of shares  
  

Trump Media stock tanks 18% on move to issue millions of shares
The former president founded Truth Social after he was kicked off major social media apps like Facebook (META) and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump has since been reinstated on those platforms.


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Jim Cramer Says People Think Elon Musk Might Be Losing His Edge Or 'Turning Into An Evil Genius,' But Warren Buffett Never Fails To Deliver  
  

Jim Cramer Says People Think Elon Musk Might Be Losing His Edge Or 'Turning Into An Evil Genius,' But Warren Buffett Never Fails To Deliver
The key takeaway is that there’s no single “right” investment style. Just like Musk and Buffett excel in their respective lanes, investors come in all shapes and sizes. This is where financial advisers play a crucial role. A qualified adviser can assess your risk tolerance, financial goals and investment timeline. By understanding your unique profile, they can recommend a portfolio that aligns with your risk appetite.


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Elon Musk Agrees With Jamie Dimon's Warning Of Political Polarization 'Creating Risks That Could Eclipse Anything Since World War II'  
  

Elon Musk Agrees With Jamie Dimon's Warning Of Political Polarization 'Creating Risks That Could Eclipse Anything Since World War II'
Ross Gerber, an early investor in Tesla, has recently voiced his frustration with Musk, saying that Tesla investors \"have had enough\" and that \"Tesla can\'t sell its cars due to Elon\'s behavior.\"


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Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists  
  

Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists
“Investors are in the early stages of worrying about an economy that may be running too hot,” the UBS strategists said. “In a high inflation scenario we would expect both government bonds to selloff and credit spreads to widen, making for a big catch down in multiples.”


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Billionaire Bill Ackman Has 37% of His Portfolio Invested in These 2 Growth Stocks  
  

Billionaire Bill Ackman Has 37% of His Portfolio Invested in These 2 Growth Stocks
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool\'s board of directors. Parkev Tatevosian, CFA has positions in Alphabet and Chipotle Mexican Grill. The Motley Fool has positions in and recommends Alphabet and Chipotle Mexican Grill. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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Fed's reverse repo facility plummets to lowest level in nearly three years  
  

Fed's reverse repo facility plummets to lowest level in nearly three years
Monday is the deadline for most U.S. tax returns and a key settlement date for Treasury debt auctions, which can influence activity at the reverse repo facility. Scott Skyrm, executive vice president at money market trading firm Curvature Securities, says money is coming out of reverse repos to deal with financing the Treasury\'s debt issuance.


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4 Oversold Stocks to Buy Right Now  
  

4 Oversold Stocks to Buy Right Now
Neil Rozenbaum has positions in MercadoLibre. The Motley Fool has positions in and recommends Adobe, Lululemon Athletica, MercadoLibre, and Starbucks. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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Medical Properties Trust selling spree continues, Utah deal closes  
  

Medical Properties Trust selling spree continues, Utah deal closes
Aldag said the company hoped to sell enough property to shore up at least $2 billion in liquidity. With the Utah deal closed, the CEO said in a release that he is now “confident” MPT will exceed that threshold.


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You Won't Believe My Shocking Rivian Stock Prediction  
  

You Won't Believe My Shocking Rivian Stock Prediction
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.


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Trump Media’s $5.3 Billion Selloff Deepens as 270% Rally Fizzles  
  

Trump Media’s $5.3 Billion Selloff Deepens as 270% Rally Fizzles
Meanwhile, Trump’s first criminal trial started Monday in Manhattan, where he’s accused of falsifying business records to hide a hush-money payment to a porn star before the 2016 election. It’s one of four criminal prosecutions Trump is facing as he campaigns to return to the White House.


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Trump Media tumbles 18% after taking the first step towards unlocking early insider stock sales  
  

Trump Media tumbles 18% after taking the first step towards unlocking early insider stock sales
Additionally, more than 21 million shares of common stock are issuable upon the exercise of warrants. The firm expects to receive approximately $247.1 million from exercising these securities.


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Why Rivian Stock Dropped Again Today  
  

Why Rivian Stock Dropped Again Today
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.


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Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated  
  

Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated
Yet the secondary effects of the new law could even replicate into further trouble for the fast food segment in the Golden State. A Jack in the Box franchise owner speculated on Sunday in an interview with Business Insider that rising prices for fast food chains could mean a loss in market share to casual diners like Chili’s, owned by Brinker International, Inc. (NYSE:EAT) or Applebee’s, a subsidiary of Dine Brands Global Inc (NYSE:DIN).


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Stock market today: US stocks surge as investors brush away Israel-Iran conflict fears in favor of solid retail sales data  
  

Stock market today: US stocks surge as investors brush away Israel-Iran conflict fears in favor of solid retail sales data
Goldman Sachs, meanwhile, reported first-quarter earnings results that beat Wall Street estimates, with its investment banking and fixed-income businesses driving much of the profit beat. Goldman Sachs stock jumped nearly 4% in Monday morning trades.


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U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says  
  

U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
Overall, Wells’ team said they expect a strong dollar, rising commodity prices, robust earnings, and relatively accommodative financial conditions in 2024 and 2025. And with the threat of geopolitical tensions and foreign wars, they argued, investors should expect volatility.


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Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%  
  

Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%
They also forecasted wider credit spreads and a considerable adjustment in market multiples, cautioning that investors are beginning to worry about an overheated economy that could maintain high inflation level.


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Audit Questions Purchase of $19,000 Lectern by Arkansas Governor’s Office  
  

Audit Questions Purchase of $19,000 Lectern by Arkansas Governor’s Office
State lawmakers approved the audit last year after it was revealed that the governor’s office had purchased the lectern and an accompanying traveling case in June, using a state-issued credit card to pay $19,029.25 to Beckett Events L.L.C., an event management company with ties to Ms. Sanders.


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Federal Officials to Shut Women’s Prison After Years of Sexual Abuse  
  

Federal Officials to Shut Women’s Prison After Years of Sexual Abuse
Colette Peters, director of the Bureau of Prisons, said the Dublin prison, located about 30 miles east of San Francisco, “is not meeting expected standards” and will shutter. About 600 women will be transferred to other federal facilities, while all employees will be reassigned.


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Under Pressure From Trump, Arizona Republicans Weigh Response to 1864 Abortion Ban  
  

Under Pressure From Trump, Arizona Republicans Weigh Response to 1864 Abortion Ban
The presentation to Republican state legislators, written by Linley Wilson, the general counsel for the Republican majority in the Arizona State Legislature, proposed several ways in which the Republican-controlled Legislature could undermine the ballot measure, known as A.A.A., by placing competing constitutional amendments on the ballot that would limit the right to abortion even if the proposed ballot measure succeeded.


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Park Rangers Search for 2 Vandals Who Toppled Ancient Rocks at Lake Mead  
  

Park Rangers Search for 2 Vandals Who Toppled Ancient Rocks at Lake Mead
“National parks are some of the most special, treasured, and protected areas of our country,” the agency said in a statement. “To protect these natural and cultural resources for this and future generations, all visitors to national parks are expected to follow park laws and regulations.”


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Bidens Report Earning $620,000 and Paying $181,000 in Taxes in 2023  
  

Bidens Report Earning $620,000 and Paying $181,000 in Taxes in 2023
The jump in income last year was largely attributable to the $129,876 in taxable interest, pensions, annuities, IRA distributions and Social Security benefits that the couple claimed, up significantly from the $92,087 reported last year.


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Donald Trump, the Defendant  
  

Donald Trump, the Defendant
“He learned at Roy Cohn’s knee that if you had enough money and enough brute will, you could weaponize the court system against your opponents and your critics and your enemies and it wouldn’t snap back on you,” said Tim O’Brien, a biographer of Trump who was himself the subject of a libel lawsuit from Trump, which was dismissed.


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Supreme Court Clears Way, for Now, for Idaho to Ban Transgender Treatment for Minors  
  

Supreme Court Clears Way, for Now, for Idaho to Ban Transgender Treatment for Minors
The decision included concurrences by Justice Neil M. Gorsuch, who was joined by Justices Samuel A. Alito Jr. and Clarence Thomas, and Justice Brett M. Kavanaugh, who was joined by Justice Amy Coney Barrett. Chief Justice John G. Roberts Jr. did not note a position.


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Supreme Court Poised to Cut Back Scope of Anti-Corruption Law  
  

Supreme Court Poised to Cut Back Scope of Anti-Corruption Law
Prosecutors charged Mr. Snyder with violating the federal law, which covers anyone “who solicits or demands for the benefit of any person, or accepts or agrees to accept, anything of value from any person, intending to be influenced or rewarded.” He was found guilty in March 2021 and sentenced to 21 months in prison.


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Transgender Veterans Sue V.A. Over Gender-Affirming Surgeries  
  

Transgender Veterans Sue V.A. Over Gender-Affirming Surgeries
V.A. doctors already perform procedures that would be considered gender-reaffirming surgeries. For example, a mastectomy would be covered in order to treat or prevent breast cancer, but the same procedure is not covered for a veteran experiencing gender dysphoria. An exception is made when revising or treating complications from surgeries that were done outside the V.A. system.


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With Nuclear Deal Dead, Containing Iran Grows More Fraught  
  

With Nuclear Deal Dead, Containing Iran Grows More Fraught
President Donald J. Trump’s decision to pull out of the Obama-era nuclear deal triggered a predictable counterreaction from Tehran, and after a long pause, Iran resumed enriching uranium — some to near-bomb-grade quality. Today it is far closer to being able to produce bomb-grade material, according to the International Atomic Energy Agency, than it was when the accord was in effect. Iran has consistently denied that it intends to build a weapon but has recently begun hinting at the need to bolster its “deterrent” against nuclear-armed adversaries.


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Biden and His Allies Are Likely to Stay Quiet on Trump’s Manhattan Trial  
  

Biden and His Allies Are Likely to Stay Quiet on Trump’s Manhattan Trial
“I just don’t think in the end it’s the strongest argument for voters,” said Steve Schale, a Democratic strategist running a pro-Biden super PAC called Unite the Country. “Campaigns have limited resources and you spend those resources in a way that moves the most votes.”


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