From TradeBriefs CEO Picks <[email protected]>
Subject Ranked: Which NBA Team Takes Home the Most Revenue?
Date June 19, 2024 7:37 AM
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Knowledge for Decision-Makers
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CEO Picks - The best that international journalism has to offer!

S2

Ranked: Which NBA Team Takes Home the Most Revenue?
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These players were instrumental in driving the valuation of the
franchise, which grew from $1.5 billion in 2015 to a remarkable $7.7
billion in 2023. At this valuation, the Golden State Warriors are the
second-most valuable sports team in America, following after the $9
billion Dallas Cowboys NFL franchise. Since 2010, the Warriors’
revenue has increased by sevenfold. Not only did the team have the
highest NBA TV ratings in seven of the last eight years as of last
season, the Warriors have the largest social media following across
U.S. sport franchises, including 32.4 million Instagram followers. By
comparison, the Lakers have 24.6 million followers. Adding to this,
the team’s jersey patch deal with Rakuten is worth approximately $45
million per season alone.

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S1

Why the most powerful men in America are the worst dressed
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Twitter’s menswear guy explains, from Trump Republicans’ shiny red
ties to the horror of “dress sneakers.”

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S3

Why herbs evolved to smell and taste so delicious
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Humans may have shaped the development of aromatic herbs like lavender
and mint, but did herbs also shape our own evolution?

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S4

The truth about social media and screen time's impact on young people
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There are many scary claims about excess time on digital devices for
children and teenagers. Here’s a guide to the real risks - and what
to do about them

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S5

Meet the Doomsday Fish that Strikes Fear in the Hearts of Sailors
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For hundreds of years, mariners and fishermen knew this sea creature
as a herald of woe. Seeing one in the water or even washed up on shore
was an omen, a warning of some impending disaster, typically a natural
one, such as an earthquake or tsunami. In Japan, the creature was
named “ryugu no tsukai,” a messenger from the palace of the sea
god. Others dramatically dubbed it the Harbinger of Doom, or simply
the Doomsday Fish. You may know it as the oarfish.Then again, this
might be your first time hearing the name. That’s because oarfish
are fairly rare creatures to spot in the wild, even though they can be
found in pretty much every ocean on the planet, with the exception of
the coldest seas at the poles. Nevertheless, the creature is indeed
elusive, which has no doubt helped maintain its aura of mystery down
through the years. Here’s what we know about the oarfish. 

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S6

Weighing 6 Tons, the Carcharodontosaurus Roamed Earth About 99 Million
Years Ago
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As well as its characteristic serrated, blade-like teeth, a study
published in 2022 suggests it had a weaker bite force than T. rex,
pointing to a particular hunting style. It’s thought these teeth
were used to slash through and tear flesh, rather than crunch down
with a bone-breaking strike. “We have found many isolated
carcharodontosaurid teeth in sauropods,” says Juan Ignacio Canale,
an expert on the Carcharodontosaurus anda paleontologist with the
National Scientific and Technical Research Council in Argentina. “We
don’t know if they killed them or were scavenging them, but we know
for sure that they were eating them.”

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S7

Here's the real reason the U.S. doesn't use the metric system
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In fact, government policy since the 1970s has designated the metric
system—also known as SI, or the International System of Units—the
nation’s preferred system of measurement for trade and commerce. But
since the U.S. has adopted a voluntary approach, nudging industries
and individuals toward using SI instead of making its use a blanket
policy, adoption is turning out to be a multi-century endeavor.The
challenge is reflected in the measurement system’s often chaotic
history—and its origins in the French Revolution. In the late 18th
century, Enlightenment-era Frenchmen saw a tantalizing opportunity in
the political upheaval that gripped their nation. Up until then,
France had been home to a dizzying array of weights and measures, with
up to 250,000 units of measurement in use in France alone, and other
nations and even regions within nations had their own ways of
quantifying the world around them. This was a measurable nightmare for
scientists, who dreamed of an international standard based on some
universal, unchanging constant.

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S8

Astronomers have discovered the oldest and farthest supernova ever
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Observing a distant supernova is like looking back in time. The
explosions offer astronomers a peek at what our universe was like
billions of years in the past. Now astronomers have discovered 10
times more distant supernovae than anyone had seen before, including
the oldest  and farthest supernova ever observed.The discoveries came
from data captured by NASA’s James Webb Space Telescope. Announced
at the American Astronomical Society meeting in Madison, Wisconsin,
earlier this month, astronomers analyzed Webb images and found about
80 supernovae in just one tiny patch of the sky. Many of the
supernovae are further out than those previously known, representing a
time when the universe was a youthful two billion years old.

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S9

What a War Between Israel and Hezbollah Might Look Like
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Fighting at the northern border has simmered for months as the
Iranian-backed Hezbollah has launched thousands of rockets, anti-tank
missiles, and drones into Israel, while the Israeli Air Force has
responded with thousands of airstrikes. Some 140,000 people have been
displaced from their homes on both sides of the border.On Tuesday,
U.S. Secretary of State Antony Blinken said that while he believed
that neither Israel nor Hezbollah sought a wider war, there was
nonetheless “momentum potentially in that direction.” His Israeli
counterpart, Foreign Minister Israel Katz, noted on Tuesday that his
country was close to reaching a decision on whether to go to war, and
cautioned that “in a total war, Hezbollah will be destroyed and
Lebanon will be hit hard.”

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S10

Putin Heads to the Hermit Kingdom
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Russian President Vladimir Putin traveled to North Korea on Tuesday to
deepen bilateral trade and security ties with Pyongyang as well as
bolster joint efforts to counter the United States. This is Putin’s
second face-to-face meeting with North Korean leader Kim Jong Un in
the past nine months, and his first trip to the Hermit Kingdom since
2000, when Putin began his first presidential term and Kim Jong Un’s
father was still in charge.Experts expect Russia to ask for
ammunition, construction workers, and volunteer soldiers from North
Korea for Moscow’s front lines. Last week, South Korean Defense
Minister Shin Won-sik told Bloomberg that North Korea has sent at
least 10,000 shipping containers to Russia in recent months, possibly
holding around 4.8 million artillery shells.

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S11

On the road to eliminate rabies deaths, Gavi announces plan to improve
human vaccination
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Rabies has been in global health’s crosshairs for years. Around the
world, the viral infection kills about 70,000 people a year — and
since as early as 2015, groups including Gavi, the Vaccine Alliance,
have had plans to shore up vaccine efforts to reduce the number. At
one point, Gavi planned to include human rabies vaccines in its 2021
investment strategy — but then the Covid-19 pandemic got in the
way.Now, it’s finally taking action. On Thursday, Gavi announced a
plan to expand global access to human rabies vaccines, reaching over
50 countries. Most of Gavi’s efforts focus on vaccinating as many
people as possible against common viral threats. But for rabies,
it’s confronting a different kind of challenge: providing vaccines
for post-exposure prophylaxis to the right people, at the right time.

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S12

Republican lawmakers criticize FDAâ™s partnership with CHAI on
regulating AI in medicine
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In a letter sent Tuesday, the lawmakers asserted that the agency’s
budding partnership with the nonprofit Coalition for Health AI (CHAI)
will embed a “clear conflict of interest” into the process of
scrutinizing AI tools. The letter points out that the organization is
composed of technology companies such as Microsoft and Google, as well
as large health care systems that incubate AI businesses.

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S13

What the Jeffrey Epstein Files Reveal About Donald Trump
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Trump’s name has been on the list of Epstein pals for years. As new
files are unsealed, here’s everything we have learned about their
relationship.

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S14

Indiana GOP Rejects Trump Lieutenant-Governor Pick for Extremist
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It’s another sign that Trump has unleashed forces in the Republican
Party that make even him look moderate.

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S15

Converting Offices to Apartments Gives Empty Buildings a New Lease on
Life
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Employees are working remotely, and office buildings are standing
empty, inspiring some cities to work through the challenges of
converting these structures into new apartments

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S16

We Should Engineer Better Learning in Our Schools
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Students should learn about both the natural world and human-made—or
engineered—one we live in

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S17

The American Election That Set the Stage for Trump
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In a new book, “When the Clock Broke,” the writer John Ganz
examines how the politics of the Trump years were seeded in the early
nineteen-nineties. This strange period included a brief but powerful
recession, civil unrest in Los Angeles following the acquittal of
police officers who brutally beat Rodney King, and the rise of
unlikely political figures such as the neo-Nazi David Duke and the
paleoconservative nationalist Pat Buchanan. A sense of despair and
dissatisfaction with the government and with the direction the country
was headed culminated in the 1992 Presidential election, in which
Buchanan challenged George H. W. Bush for the Republican nomination,
and a third-party candidate, Ross Perot, received almost twenty per
cent of the vote—the most in more than three quarters of a century.
Through figures such as Buchanan and Duke, Ganz attempts to understand
why and how right-wing extremism flourished in these years. “It was
an era where America felt itself to be losing out,” he writes:
“losing its dominant place in the world, losing the basis of its
security and wealth, and losing its sense of itself, as if a storm
cloud rapidly gathered over the country and the national mood suddenly
turned dour, gloomy, fearful, and angry. Americans were fed up.”I
recently spoke by phone with Ganz, who also publishes the Substack
“Unpopular Front.” During our conversation, which has been edited
for length and clarity, we discussed the strangeness of that 1992
election, what David Duke meant to the far right, and why the debate
over whether Donald Trump is a fascist continues to be important.

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S18

The Rise of a New, Dangerous Cynicism
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For weeks leading up to January 6, 2021, I and others on the Biden
campaign had been working through Donald Trump’s challenges to the
2020 presidential election. We did so in the courts, and then later
on, we had regular calls with Capitol Hill senior staff about
preparations for the upcoming electoral-vote count. We considered a
whole range of possibilities, including one that fortunately did not
materialize: Mike Pence buckling under pressure from Donald Trump, and
either declaring him the winner, or disrupting the proceedings by
insisting that the count should be suspended and the battleground
states invited to reconsider the results in favor of Joe Biden that
they had already certified.Then came the attack on the Capitol, and I
was back and forth on calls with my primary source of contact with the
Senate leadership, Mark Patterson, who was the general counsel to
Democratic Leader Chuck Schumer. I’ve known Patterson for years,
having worked with him when he was a senior aide to one of Schumer’s
predecessors, former Democratic Leader Tom Daschle. Patterson is calm,
sensible, possessed of excellent judgment. On January 6, I reached him
at a secure space to which he had been escorted to protect him from
violence as the mob coursed through the corridors, police officers
were beaten, guns were drawn, and one was fired. I checked regularly
on his safety, and we shared our disbelief at this turn of events. We
also remained in touch about the congressional leadership’s plans to
resume the proceedings and complete the vote after the invaders had
been ousted and order restored. This was the key: not allowing the
attack to serve the purposes of Trump and his allies to stop the final
count and buy time for more groundless challenges to the certified
outcome. We convened regular calls to brief Biden.

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S19

ISIS Created Fake CNN and Al Jazeera Broadcasts
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Launched in early March, the campaign was orchestrated by War and
Media, a pro–Islamic State media outlet that typically creates
long-form videos pushing the group’s ideology and history. The
Islamic State, or ISIS, is a UN-designated terror group that
perpetrated a genocide of the Yezidi population in Iraq and conducted
multiple terrorist attacks, including the 2015 attacks in Paris that
left 131 people dead; it has also promoted videos of its members
beheading journalists and soldiers.Central to the campaign were two
YouTube channels. One was falsely branded as CNN and pushed
English-language videos, and the other was branded with the Al Jazeera
logo and pushed Arabic-language videos. The videos featured the logos
of the real news outlets, and in the case of CNN, the videos also
featured a real-time ticker along the bottom of the screen which
changed to match the content being shown. The campaign also deployed a
network of social media accounts branded to look like they were
affiliated with news outlets, in what appears to be an effort to push
ideology to new audiences.

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S20

STEM Students Refuse to Work at Google and Amazon Over Project Nimbus
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More than 1,100 self-identified STEM students and young workers from
more than 120 universities have signed a pledge to not take jobs or
internships at Google or Amazon until the companies end their
involvement in Project Nimbus, a $1.2 billion contract providing cloud
computing services and infrastructure to the Israeli government.The
pledgers included undergraduate and graduate students from Stanford,
UC Berkeley, the University of San Francisco, and San Francisco State
University. Some students from those schools also participated in an
anti–Project Nimbus rally on Wednesday outside Google’s San
Francisco office with tech workers and activists.

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S21

Meta has created a way to watermark AI-generated speech
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The tool, called AudioSeal, could eventually help tackle the growing
use of voice cloning tools for scams and misinformation.  

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S22

The Most Strategic Leaders Excel in 4 Disciplines
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Strategic fitness is a leader’s ability to learn from and adapt to
their environment to set direction and create a competitive advantage.
A study of 77 C-suite executives over four years found that
strategically fit leaders excel in four disciplines : 1) Strategic
fitness, or setting clear direction and calibrating when necessary; 2)
Leadership fitness, or refining their style to meet the moment; 3)
Organizational fitness, or investing in thinking about the future
state of the business; and 4) Communication fitness, or effectively
collaborating with internal and external stakeholders. This article
offers a series of questions that can help any leader evaluate and
exercise their own strategic fitness.

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S23

Research: Customer Referrals Are Contagious
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New research reveals the surprising power of “referral contagion,”
where referred customers not only buy more but also refer 30-57% more
new customers than others. This phenomenon, observed across
industries, is driven by social factors like the perception of
referring as appropriate and the tendency to befriend similar people.
A simple experiment, reminding referred customers of their referral
origin, increased successful referrals by 21%, highlighting the
potential for leveraging referral psychology to boost program
effectiveness. These findings call for businesses to re-evaluate their
investment in referral programs, considering the amplified potential
of referred customers. While some risks exist, such as the spread of
negative perceptions, they can be mitigated with a balanced marketing
approach.

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S24

7 Questions to Unlock Your Emotional Intelligence and Make You a
Happy, More Effective, and Better Person
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Emotional intelligence is the ability to recognize your own emotions
and to understand how they affect you--and the people around you.
Research shows that those who possess a high level of emotional
intelligence are more effective at adjusting their own behaviors, and
as a result have better interpersonal relations than people who lack
emotional intelligence.As obvious as this question might sound, in the
busyness of everyday life we often don't notice our feelings, instead
getting caught up in the flood of events we're immersed in. Pause what
you're doing and identify the emotions you are feeling--right now. Are
you angry, scared, or excited? Identifying the emotion you are feeling
will help you understand its source, providing you with the
information you need to respond appropriately.

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S25

You.com Startup Targets AI-Assistant Market With $50 Million
Fundraising Round
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You.com's 11 million visitors in May reflected a year-to-date rise in
web traffic, but the number was still below its 20 million peak in
February 2023, according to Similarweb data. Its app downloads have
decreased an estimated 69 percent so far in 2024, versus the same
period last year, said Sensor Tower, a market intelligence firm. Other
AI startups have faced similar headwinds.The person familiar with
You.com's fundraising said its sales are on the rise. Since January,
the company's annual recurring revenue has grown five times, the
person said, without specifying the figure in dollar terms. You.com
has both consumer and business-to-business subscription revenue, the
person said.

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S26

France's soaring debt could lead to calls to leave the EU, a top bank
warns
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French President Emmanuel Macron’s call earlier this month for snap
parliamentary elections thrust the EU’s second-largest economy into
a state of political precarity. Depending on the outcome of that
election, the uncertainty could even extend to France’s very
membership in the European Union, according to a research note from
financial services giant Macquarie. Macron, a member of the moderate
Renaissance party, faces challenges from both the far right in Marine
Le Pen’s National Rally party, and the far left with a coalition of
leftist parties calling themselves the Popular Front. The economic
agendas of both groups have been accused of being fiscally
irresponsible, and could risk violating EU guidelines governing member
states’ spending.  

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S27

Boeing CEO Dave Calhoun admits 'something went wrong' after a worker
who flagged a safety issue got 40 manager calls in a two days
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Democrat and Republican lawmakers alike grilled Calhoun at a hearing
of the Senate Permanent Subcommittee on Investigations over a series
of in-flight mishaps that have dogged the company this year—the
latest safety blunders since a pair of crashes in 2018 and 2019
killed nearly 350 people.The genesis of the hearing was an incident
that occurred on an Alaska Airlines flight in January, when a part of
the fuselage from a Boeing 737 Max 9 was torn from the body of the
plane mid-flight. Calhoun told lawmakers that in the immediate
aftermath of the Alaska Airlines flight, Boeing conducted companywide
feedback sessions with employees on ways to improve safety, and that
the aircraft manufacturer had made significant changes to its
incentives structure in the past year. 

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S28

Trump-Milwaukee Feud: Trump Denies Heâ™s Staying In Chicago For
RNCâAfter Allegedly Calling Milwaukee âHorribleâ™
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Former President Donald Trump's campaign pushed back on multiple media
reports Tuesday that he initially planned on staying in Chicago and
commuting to Milwaukee next month for the Republican National
Conventionâdenying plans to snub Milwaukee, after a week-long flap
over reports Trump called the biggest city in crucial swing state
Wisconsin "horrible."The New York Times and Chicago TV affiliate ABC7
reported on Tuesday Trump would be staying at Trump Tower in Chicago
and commuting about 90 miles north to host city Milwaukee for the July
convention, raising eyebrows after Trump reportedly called Milwaukee a
"horrible city" in a closed-door meeting with lawmakers last week.

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S29

Prestigious College Grads Have Better Health Later In Life, New Study
FindsâHereâ™s Why
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Attending a private U.K. high school or a university with higher
status is tied to better cognitive function, heart health and BMI
decades after graduation, according to a new study published Tuesday,
and researchers believe more disposable income and physical activity
advantages may play a role.Around 7% of the study’s participants
(all of whom were in the U.K.) attended a private high school, less
than 4% attended a grammar school—what the researchers consider
“selective without fees”—and 89% of participants went to a state
funded school, while 7% attended a higher status university, which are
highly regarded Russell Group schools like the University of Oxford
and University of Cambridge.

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S30

The one reason that physicists won't give up on supersymmetry
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One of the greatest ideas in all of physics, regardless of whether it
turns out to be a true idea that reflects reality or not, is that of
supersymmetry, or SUSY for short. The Standard Model of elementary
particles was cobbled together over the course of the 20th century,
growing from initial ideas and observations about the quantum nature
of light and matter. The experimental and observational discovery of
subatomic particles — not just protons, neutrons, and electrons but
also quarks, neutrinos, muons, plus their antimatter counterparts and
more — came alongside developments in quantum field theory,
profoundly revolutionizing our conception of existence.Although it’s
now almost 100 years in the past, the positron, or the antimatter
counterpart of the electron, wasn’t first discovered experimentally,
but was rather predicted as a theoretical necessity to prevent a
theoretical pathology from giving the electron an infinite amount of
self-energy. The positron’s discovery was a vindication of that
theoretical idea, and launched the era of quantum field theory in
particle physics. In order to avoid a similar pathology with the
masses of the Standard Model particles, a new type of symmetry can
“protect” them from blowing up to unrealistically large values,
and that symmetry is precisely what SUSY, or supersymmetry, is.
Here’s why, despite the lack of evidence for its existence,
physicists are having a hard time leaving this theoretical idea
behind.

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S31

Unpack the "10 AI Archetypes" to transform your mindset
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The success of AI projects depends on the team you assemble. As with
all new innovations, it brings change and for organizations and
individuals, change is difficult — especially in the fast-evolving
world of AI. Some will adopt it, some won’t understand it, and
others will reject it. That’s why AI projects reveal both heroes and
villains in your workforce. It’s important to identify and maximize
the number of heroes to increase the chances of success.As with any
technology deployment, the process of change management required to
transition individuals, teams, and your organization from their
current state to the desired state is often the most time-consuming
and potentially frustrating aspect when not done right. This is
especially true with AI deployments because if you don’t have the
right people with the right mindset in the right roles, the project
will end before it starts. As such, the team you assemble or inherit
plays the most crucial role in determining the success of your AI
projects.

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S32

How to Efficiently Deal with Unfinished Projects in Your Business
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Project development is an ongoing responsibility of any entrepreneur.
From client proposals to personal passion projects, there always seems
to be a never-ending stream of project ideas and plans. And not every
project is seen through to completion. Those unfinished project
ideas, diagrams, brainstorms, and the like may not seem like much on
the surface. After all, they're just unfinished pieces of work, right?
And yet these partial projects take up precious space. 

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S33

A $300 Million Cargo Airport Is Coming to South Florida. Is the Local
Workforce Ready? [[link removed]}&lead=419599&emailid=20610&nl=daily]  
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Local leaders see the project as a generational opportunity, one that
could bring more than 1,400 new, high-skilled jobs to their largely
agricultural community at the edge of the Everglades. But to make good
on its promise, the region's educators will have to overcome some
harsh realities.A third of Hendry County's working-age adults lack a
high-school diploma, while almost half speak a language other than
English at home, among the highest in Florida. Before local leaders
can prepare residents for jobs in engineering and manufacturing,
educators must first help them earn their GEDs and learn English.

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S34

Biofuel Groups Envision Ethanol-Powered Jets, Despite Many Obstacles
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It's a vision the U.S. airline industry embraces and agricultural
groups see as a key to ensuring strong future sales of ethanol, a fuel
that consumes more than one-third of the nation's corn crop and offers
a cleaner-burning alternative for the nation's airlines.But making
that dream a reality hasn't been easy, in part because even as farmers
would benefit from a huge new market for corn, the plan relies on
federal tax credits triggered by capturing carbon dioxide at
refineries and then moving the gas hundreds of miles through pipelines
that would snake across the Midwest, including beneath farmers'
fields.

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S35

Tesla Kicks Off Legal Fight to Reinstate Musk's $56 Billion Pay
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Tesla began its fight for legal recognition of a shareholder vote
favoring Elon Musk's record compensation, telling a Delaware judge
that it "significantly impacts" her ruling voiding the pay, according
to a letter made public on Monday.Tesla wrote to Chancellor Kathaleen
McCormick that the parties in the pay package case should now lay out
their legal interpretations of Thursday's ratification of Musk's pay,
rather than moving ahead with the case on the prior schedule.

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S36

Need to Hire Faster This Summer?
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As small businesses rush to fill jobs in retail, food service, and
other hot industries this summer, the hiring process is faster than
ever before and can mean the difference between triumph or
turnover.Debbie Roxarzade is the founder and CEO of Rachel's Kitchen,
a chain of fast casual restaurants in Las Vegas. In the past, when
demand has surged, Roxarzade says she's cut a few corners during the
interview process -- and she's gotten what she's screened for.

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S37

AI Can Help Global Shipping Industry Slash Emissions, New Report Says
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The global commercial shipping industry could cut down its carbon
emissions by 52 million tons per year by deploying artificial
intelligence for sea navigation, a study by autonomous shipping
startup Orca AI showed on Tuesday.The use of the technology could
reduce the need for maneuvers and route deviation from close
encounters with high-risk marine targets such as vessels, buoys and
sea mammals by alerting the crew in real time, according to the
report.

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S38

A Small-Business-Friendly Bankruptcy Provision Is Spiraling Toward a
Friday Expiration [[link removed]}&lead=419599&emailid=20610&nl=daily]  
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The debt limit to file for Subchapter V bankruptcy is expected to
revert to $2.7 million this Friday, down from the $7.5 million
threshold that was established in 2020 amid the financial duress
caused by the pandemic. The eligibility threshold was then renewed two
years later.Subchapter V bankruptcy gets its name from a section
within the U.S. Bankruptcy Code, and offers an easier avenue for
business owners to file. Not only is it more affordable--we're talking
hundreds of thousands of dollars cheaper here--compared with filing
for Chapter 11, but it's also less time-intensive. 

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S39

IMF Report on AI Raises 'Profound Concerns About Massive Labor
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A report published this week by the International Monetary Fund
warning that generative AI "raises profound concerns about massive
labor disruptions and rising inequality" is the latest instance of a
world power turning a critical eye toward the increasingly-prevalent
automation technology."Rapid advances in generative artificial
intelligence (gen AI) hold immense potential to transform production
processes and significantly accelerate productivity growth," begins
the new report, which is titled "Broadening the Gains from Generative
AI: The Role of Fiscal Policies."

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S40

Amazon Live Launched a New Shoppable Content Partnership
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The retail giant and media investment company GroupM announced a
partnership on Monday to create original, shoppable content for
Amazon's new free ad-supported streaming platform, FAST Channel, which
launched in April. This channel is available across Amazon's streaming
services, including Prime Video and Amazon Freevee. The partnership
will allow brands to advertise their products in streaming
videos to customers who can then shop them on their mobile devices.
Brands such as the personal and household care line Method and cruise
line Virgin Voyages have already advertised on Amazon's FAST channel
since its launch in the spring, but this new partnership aims to make
it even easier for brands to roll out product placements in streaming
content.

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S41

How These Founders Approached the White House's Juneteenth Celebration
Amid DEI Backlash
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John and Michael Burns--brothers and co-founders of an array of
businesses organized under the umbrella of their eponymous,
Washington, D.C.-based company, The Burns Brothers--hosted the White
House's second annual Juneteenth concert last week through their
luxury event production agency, Styled. The brothers also produced the
White House's 2023 concert honoring Juneteenth, which was established
as a federal holiday in 2021. But this year's event had a different
backdrop: DEI initiatives across sectors have increasingly come under
fire since the Supreme Court's affirmative action ruling last
year."Mike and I are in the community business," says John Burns, who
adds that he and his brother always aim to create "a space of joy, of
camaraderie, of fellowship--of all those critical things that we
oftentimes don't really have as people of color."

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S42

When Your New Boss Is a Micromanager
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Building a relationship with a new boss can feel daunting, and it can
be especially difficult if you feel like you’re being micromanaged.
In this article, the writer talks with two experts about what to do in
this demotivating situation. The first step is to figure out what’s
behind your boss’s micromanaging tendencies. Maybe they’re
genuinely trying to help, but their methods and cadence don’t match
your work style or expectations. Once you’ve got a better grip on
your boss’s motivations and gotten feedback on your own performance,
focus on establishing credibility. If despite your best efforts
nothing seems to be changing — especially if you believe your boss
is intentionally sabotaging your work — experts say that
unfortunately, there’s not much else you can do. It might be best to
start searching for a new job, either within your organization or
elsewhere.

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S43

Why Managers Play Favorites - and How They Can Change
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While most good bosses try to be fair and balanced with their direct
reports, it’s only human to prefer the company and work styles of
some team members over others, and employees are keenly aware of those
preferences.  They see favorites and non-favorites, ingroups and
outgroups — and when those divisions fester, they can destroy team
culture and performance. Ginka Toegel, professor at IMD Business
School, explains why even well-intentioned managers succumb to
favoritism, how workers on both sides are affected, and what we can do
to both avoid and rectify the problem. Toegel is the coauthor of the
HBR article “Stop Playing Favorites.”

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S44

The Most Strategic Leaders Excel in 4 Disciplines
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Strategic fitness is a leader’s ability to learn from and adapt to
their environment to set direction and create a competitive advantage.
A study of 77 C-suite executives over four years found that
strategically fit leaders excel in four disciplines : 1) Strategic
fitness, or setting clear direction and calibrating when necessary; 2)
Leadership fitness, or refining their style to meet the moment; 3)
Organizational fitness, or investing in thinking about the future
state of the business; and 4) Communication fitness, or effectively
collaborating with internal and external stakeholders. This article
offers a series of questions that can help any leader evaluate and
exercise their own strategic fitness.

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S45

How Natural Winemaker Frank Cornelissen Innovated While Staying True
to His Brand
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In 2018, artisanal Italian vineyard Frank Cornelissen was one of the
world’s leading producers of natural wine. But when weather-related
conditions damaged that year’s grapes, founder Frank Cornelissen had
to decide between staying true to the tenets of natural wine making,
or breaking with his public beliefs to save that year’s grapes by
adding sulfites.

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S46

Research: Customer Referrals Are Contagious
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New research reveals the surprising power of “referral contagion,”
where referred customers not only buy more but also refer 30-57% more
new customers than others. This phenomenon, observed across
industries, is driven by social factors like the perception of
referring as appropriate and the tendency to befriend similar people.
A simple experiment, reminding referred customers of their referral
origin, increased successful referrals by 21%, highlighting the
potential for leveraging referral psychology to boost program
effectiveness. These findings call for businesses to re-evaluate their
investment in referral programs, considering the amplified potential
of referred customers. While some risks exist, such as the spread of
negative perceptions, they can be mitigated with a balanced marketing
approach.

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S47

Using AI to build the "definitive" Spanish writing tool
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Abraham López is the co-founder and CEO of Correcto, a Grammarly-like
writing tool for Spanish speakers. Since it launched in 2021, the
tool’s Chrome extension has been downloaded over 180,000 times, and
it has amassed about 70,000 monthly users. López is interested in
expanding the Madrid-headquartered company across Latin America, home
to 407 million Spanish speakers.Latin America has the great advantage
of adopting tech products at a very high speed. But Spanish, as a
language, has too many versions. If we want to become the ultimate
writing tool in Spanish — one that understands all the regionalisms
and dialects — we need to have a large presence in Latin America. We
want to position ourselves as the definitive writing tool there.

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S48

Airbnb's Olympics Push Could Help It Win Over Paris
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Search for Airbnbs in Paris in late July and youâ™ll be
offered options ranging from a tiny studio with glimpses of the Eiffel
Tower for $167 a night up to a stunning luxury apartment steps from
the Champs-ÃÂlysées for nearly $3,500 a night. The company is
also offering two lucky fans the opportunity to sleep in the iconic
clock facade of the Musée dâ™Orsay on the night of the
2024 Summer Olympics opening ceremony.Some 3 million visitors are
expected to attend the Olympics in Paris, and just like the 10,500
athletes competing, Airbnb has been preparing for years. In 2019 the
company inked a nine-year partnership with the International Olympic
Committee that runs through the 2028 Summer Games. Airbnb said at the
time that it expected the deal to lead to hundreds of thousands of new
hosts in cities around the globe as the games rolled through.

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S49

My Favorite Affordable Sheets Are Discounted Right Now
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Sheets aren't cheap. Well, the good ones aren't. Having spent the past
year testing bed sheets at prices ranging from $100 to $500 for our
guide to the Best Bed Sheets, I can confirm that if you want sheets
that will hold up over time and are made with better materials than
rayon and microfiber, you're going to have to shell out anywhere
between $150 and $300. Crazy, right? But like anything else, once you
invest in the good stuff, you realize spending a little more is worth
it. Especially since you spend at least six hours a day on your sheets
(when my doctor asks, I say eight hours).Quince makes several of our
favorite high-quality sheets and pillowcases that don't break the
bank. Their European linen is a better price than you'll find almost
anywhere, and softer than cheaper linens, too. I also love Quince's
silk pillowcase, which has a better weight and price than you'll find
elsewhere.

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S50

Factor Review: Satisfying but Slimy
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[[link removed]}&lead=419599&emailid=20610&nl=daily]
If you buy something using links in our stories, we may earn a
commission. This helps support our journalism. Learn more. Please also
consider subscribing to WIRED"You have to eat to live, not live to
eat." That's something a family member used to say to me when I was
younger and insisted I didn't care about nutrition. I wanted to eat
purely for the flavor of things. What did she mean I couldn't just eat
potato chips and black olives all day for the rest of my life?

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