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-------------------------

The top stories being read around the world right now!

From the Editor's Desk

How Part-Time Senior Leaders Can Help Your Business

Technological innovation, advances in remote work, and reshaped
post-pandemic priorities have led to companies hiring fractional
leaders, or part-time senior talent, to occupy key leadership roles.
These leaders, who typically have 20 to 30 years of experience, blend
strategic and functional leadership with a hands-on approach, and they
offer their skills to multiple organizations, typically startups or
small and medium-sized enterprises. The arrangement enables
organizations to benefit from senior leadership without the expense
and commitment of a full-time hire, and it allows senior executives
both career flexibility and stability. This article looks at the pros
and cons of fractional leadership and outlines three crucial
conversations to have before engaging in this kind of arrangement.

Continued here
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Work

What is the point of industry awards? - The Economist (No paywall)
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Industry awards are ridiculous and ubiquitous. That both of these
things are true is doubtless a sad commentary on the human condition.
But it also tells you something about the things that employees value.

Work

The world is getting more violent. A top refugee advocate thinks he
knows why.
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David Miliband sees a combination of all these factors and more. For
the past 10 years, the former British foreign secretary has led the
International Rescue Committee (IRC), a global NGO working on the
frontlines of conflicts around the world to provide aid to refugees
and other displaced people.















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Skip the airport. It's time to plan the perfect road trip.
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Somewhere between San Luis Obispo and Monterey, California, I wondered
if the rain would ever cease. Pounding storms had followed me on my
two-week solo road trip from Los Angeles to San Francisco, so much so
that the Pacific Coast Highway was closed to motorists through Big Sur
— one of my planned pit stops. While I meticulously planned the
drive and itinerary down to the hour, I never once considered a backup
plan for something as common as a closed road. At a loss for what to
do, I scrambled to find an Airbnb in a remote area for the night. I
had unintentionally broken one of the top road trip rules, according
to seasoned roadtripper and blogger Lori Blalock.

Work

Bangladesh Prime Minister Sheikh Hasina Ousted: What to Know
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Bangladesh’s embattled Prime Minister Sheikh Hasina resigned Monday
under pressure from the military following escalating clashes between
police and anti-government protesters that resulted in at least 300
deaths, including more than 90 on Sunday alone.














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'House of the Dragon' Season 2 Finale Didn't Need a Battle
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The end of a season in the Song of Ice and Fire universe comes with
certain expectations. Game of Thrones set the bar high with a debut
outing that culminated in the execution of its apparent hero, Ned
Stark; the secession of the North; the death of Khal Drogo; and the
birth of Daenerys’ dragons. In subsequent seasons, the final episode
or two consistently delivered battles, bloodshed, shocking reversals
of fortune. House of the Dragon carried on that tradition in a Season
1 finale that opened in the immediate aftermath of King Viserys’
death, as Aegon II ascended a contested Iron Throne, the Green and
Black factions rallied their respective allies, and Aemond’s dragon
Vhagar killed Rhaenyra’s son Lucerys and Lucerys’ dragon Arrax.

Work

The Inside Story of Noah Lyles' Incredible 100-M Win
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Noah Lyles and his long-time sports psychologist, Diana McNab, have
been executing a pre-race routine all season long. Together, they come
up with a sort of script, which lays out the psychological game plan
on race day—from what Lyles should think when he wakes up, when he
arrives at the track, when he’s warming up, when he’s in the
blocks, and so on. This mental script is meant to produce strong
physical results.














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Google Parent Company Cut its Stake in CrowdStrike Before July Outage
- Inc.com (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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Google-parent Alphabet cut its stake in cybersecurity company
CrowdStrike, according to a regulatory filing on Friday, much before a
global outage last month triggered by a software update.  

Work

Taco Bell Expands AI Use as Fast Food Sector Splits on New Tech -
Inc.com (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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Mexican-themed fast-food chain Taco Bell will muscle up its tech
assets at locations across the U.S. this year, saying it
will introduce voice compatible artificial intelligence (AI) systems
to handle drive-thru orders at hundreds of U.S. locations. The
announcement by company owner Yum! Brands came a month after
McDonald's ended tests of a similar platform that--according to some
customers--could get a bit buggy.














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TikTok

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AI Has a Revolutionary Ability to Parse Details. What Does That Mean
for Business? - Harvard Business Review (No paywall)
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Humans have relied on generalizations forever as a mental shortcut —
and a way of running a business efficiently. But just as advancements
in AI are making it possible to move beyond a handful of customer
personas to infinitely personalizable products and messaging, they are
also revealing to us a broader world full of ever-changing unique
detail. Weinberger, a technology philosopher, and Zanini, a business
innovation strategist, show us four areas in which the particular is
making itself known and used in business and in life: Strategy, talent
management, leadership selection, and supply chain management.
Business leaders who see this trend are better positioned to see new
opportunities and make better decisions in all these areas.














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What Companies Get Wrong About Skills-Based Hiring - Harvard Business
Review (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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In recent years companies have removed college-degree requirements
from many of their job postings. They’ve done this for good reason:
Talent is scarce, and requiring degrees eliminates almost two-thirds
of workers from consideration, a disproportionate number of them Black
and Hispanic.  But there’s a problem: For every 100 of these new
postings, fewer than four additional candidates without degrees are
actually hired. The authors of this article argue that it’s time to
do more to make skills-based hiring a reality, and they present six
ways that companies and hiring managers can do so.

Work

The health care stances of 5 leading candidates to be Harris' VP -
STAT (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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The pool of potential VP picks share some traits: They are largely
white men from battleground or conservative-leaning states who can
boast working across the aisle and bridging gaps with moderate voters.
Many of these men appeared on a “White Dudes for Harris” call
earlier this week that the campaign said raised millions.














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Phasing out the 'D-word' - STAT (No paywall)
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As I roamed the meeting rooms and halls of the Alzheimer’s
Association International Conference in Philadelphia last week, I kept
hearing a word — dementia — I’ve come to loathe as someone with
early Alzheimer’s.

Work

The Middle East braces for wider war as Iran weighs its response - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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FOR A FEW hours over the weekend Israelis could enjoy an illusion of
normalcy, as they watched their athletes in the Paris Olympics win
three medals in a single day. Then they went back to scanning the
headlines, as more foreign airlines cancelled flights to the country
for fear of imminent conflict between Israel and Iran.














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Hurricane Debby Strengthens As Florida's Gulf Coast Braces For
Landfall - Forbes (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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Tropical Storm Debby became a Category 1 hurricane late on Sunday and
continued to gain strength over the Gulf of Mexico, as Florida's
northeastern coast braced for an early Monday landfall, along with
potential heavy downpours and severe flooding.

Work

Kamala Harris' VP Shortlist: Three Running Mate Contenders Meeting
With Harris Today As Decision Looms - Forbes (No paywall)
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Vice President Kamala Harris is scheduled to meet with at least three
of the Democrats vying to serve as her 2024 presidential running mate
on Sunday, multiple news outlets reported—as Harris prepares to
announce her choice within days.













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Subscribe to read - FT (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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What is POTS? This strange disorder has doubled since the pandemic -
Premium (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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In late 2021, after 18 months of long COVID symptoms, Oonagh Cousins,
a member of Great Britain rowing team, was ready to resume training.
She’d contracted COVID-19 in early 2020, and although her initial
case was mild, Cousins spent the next year and a half experiencing a
fatigue that went far beyond just feeling tired. “It was like a deep
sickness,” she says, a “sludgy, deep weakness” that flared up
after even mild exertion.

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Your next adventure: Amsterdam, Netherlands - Travel (No paywall)
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Join National Geographic photographer Jonathan Irish on a journey
through Amsterdam’s bustling streets, picturesque canals, and top
eateries to capture the essence of this vibrant city’s most
captivating sights.

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How to spend a food weekend in Sorrento - Travel (No paywall)
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Perched on the edge of a cliff, overlooking Mount Vesuvius and the Bay
of Naples, Sorrento’s location has long been part of its appeal. A
historic centre of narrow alleyways and medieval architecture only
adds to the allure with hotels, restaurants and gift shops secreted
among its warren of streets.

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Where to go hiking in Cappadocia, Turkey - Travel (No paywall)
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“You’re not claustrophobic, right?” says tour guide Giray Özcas
as we squeeze through a four-foot-high tunnel, 260ft beneath the
hoodoos and rock churches that tessellate the landscape of Cappadocia.
I’m not, as far as I know, but as we descend further, the air
becomes stuffier, the walls close in tighter and I’m relieved when
we emerge into a large, echoing cavern. It’s dimly lit by electric
light, but its walls are blackened with char marks from ancient
linseed lamps. Its perimeter is riddled with hollow doors, each one
leading into another tunnel, spidering off into the darkness.

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Why Are So Many Americans Choosing to Not Have Children?
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“I don’t see it as a lack of a commitment to family,” said Mary
Brinton, a sociologist who studies low fertility rates at Harvard.
“I think the issues are very much on the societal level and the
policy level.”

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Judge orders DOJ to return helmet, spear to 'QAnon Shaman' Jacob
Chansley
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The DOJ in its criminal complaint against Chansley described him as
having been "dressed in horns, a bearskin headdress, red, white and
blue face paint, shirtless, and tan pants," and carrying "a spear,
approximately 6 feet in length, with an American flag tied just below
the blade."

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Trump blames Harris, Biden for stock market meltdown after taking
credit for past upswing
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"Do you guys remember what that was? Children with asthma. Breast
cancer survivors. Grandparents with diabetes. Georgia, America has
tried these failed policies before, and we are not going back. We're
not going back. We're not going back."

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North Carolina election board investigates Elon Musk's pro-Trump PAC
after voter data complaint
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"America PAC has not applied to participate in this program, and the
Department is not aware of the entity taking any steps to submit
electronic voter registration applications for processing," the
spokesman wrote.

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JPMorgan Chase is opening more small-town branches in middle America
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When it comes to prioritizing locations for new branches, Roberts said
it's a "balance of art and science." She said the bank looks at
factors such as population growth, the number of small businesses in
the community, whether there is a new corporate headquarters, a new
suburb being built, or new roadways.

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Elon Musk's X AI shared false election information after Biden dropped
out, officials say
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"The ballots are not closed, and upcoming ballot deadlines would allow
for changes to candidates listed on the ballot for the offices of
President and Vice President of the United States," the letter said.

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Why Is Iran Expected to Attack Israel? What to Know About the Crisis.
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Hezbollah has been engaged in tit-for-tat attacks with Israel for
months, raising fears that the region was teetering toward a wider
war. Hezbollah has fired thousands of rockets and drones at Israel,
saying it was acting in solidarity with Hamas, which is also backed by
Iran. Israel has retaliated as well as evacuated tens of thousands of
its citizens in northern Israel near the border with Lebanon.

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Opinion | JD Vance Just Blurbed a Book Arguing That Progressives Are
Subhuman
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Pinochet-inspired helicopter memes have been common in the MAGA
movement for years. And as the historian David Austin Walsh wrote last
year, there’s long been a cult of Franco on the right. Nevertheless,
it’s extremely unusual for a candidate for vice president of the
United States to openly align himself with autocratic terror.

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A Family Reunion Menu Over 150 Years in the Making
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But, here, those in attendance were connecting across centuries and
continents, as the descendants of William D. Coleman, Liberia’s 13th
president who emigrated from the United States in 1853, met and broke
bread with their American relatives, whose ancestors had stayed in
Kentucky. This year was of particular significance: It was the first
time the Coleman-Richards family reunion was held in the same county
where William D. Coleman’s American ancestors were enslaved.

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Palestinian prisoners describe systemic abuse in Israel's jails
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Another witness, Mousa Aasi, 58, from Ramallah governorate, told the
Guardian that after the beating, Asab was dragged into the courtyard
in view of all the inmates. "They said he died in hospital later, but
I think he was already dead," he said.

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Is the United States in self-destruct mode?
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Even if you think the American Constitution is the most brilliant
political document in human history (and it arguably is), it was
written in the late 18th century, which means it’s a product of a
very different world than the one we currently inhabit.

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Clarence Thomas failed to disclose more private jet travel, senator
says
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Andrew Bates, a White House spokesperson, said Wyden had
“strengthen[ed] the case [the president] made for common-sense
reforms that are backed by constitutional experts across the political
spectrum – as well as the vast majority of the American people.

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After 6 Months of Purgatory on Capitol Hill, Senate Axes Bipartisan
Tax Bill - Inc.com (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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On Thursday, the Senate killed a bipartisan bill with backing from the
Biden administration that would have expanded the child tax credit and
enacted a series of business tax breaks designed to encourage
innovation and growth. Facing widespread Republican opposition, the
$79 billion piece of legislation failed to muster the 60 votes needed
to start debate. The vote fell largely on party lines with 48 Senators
voting to advance the Tax Relief for American Families and Workers Act
and 44 voting against. Three Republican Senators--Rick Scott of
Florida, Josh Hawley of Missouri, and Markwayne Mullin of
Oklahoma--voted with Democrats to open debate. 

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Announcing Disrupt 2024 AI Stage agenda | TechCrunch
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Self-driving technology company Aurora Innovation was hoping to raise
hundreds of millions in additional capital as it races toward a
driverless commercial launch by the end of 2024. The company,
which…

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Placer.ai boosts valuation to $1.5B after quietly raising another $75M
| TechCrunch
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Self-driving technology company Aurora Innovation was hoping to raise
hundreds of millions in additional capital as it races toward a
driverless commercial launch by the end of 2024. The company,
which…

Work

Why Japanese markets have plummeted - The Economist (No paywall)
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As fears of an American recession spread, Japan’s markets took
another beating. On August 5th the Topix plunged by 13% in its worst
performance since 1987. The index is now almost a quarter below its
peak, reached barely a month ago. The yen, meanwhile, is snapping
back: it is up 12% from less than a month ago, when it was at its
weakest in 37 years. These sharp moves carry implications not just for
Japanese investors and firms. The country’s financial heft means
that they could become a source of further volatility in nervous
global markets.

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U.S. Runner Noah Lyles Wins 100 Meter Olympic GoldBy Just 0.005
Seconds - Forbes (No paywall) [[link removed]}&lead=419599&emailid=45456&nl=daily]  
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American runner Noah Lyles won the gold medal in the 100 meter sprint
Sundayâwith a time of 9.784 secondsâbeating Jamaica's Kishane
Thompson by just five thousandths of a second and becoming the first
American in 20 years to win gold in the event.

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Why do conservatives in America love Zyn? - The Economist (No paywall)
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You have probably heard of Tucker Carlson, a former Fox News host. But
what about Tucker Carlzyn? Mr Carlson has earned the moniker for his
enthusiasm for Zyn, a small white pouch, placed between the lip and
the gum, that delivers a jolt of nicotine. He has called it “a
powerful work enhancer, and also a male enhancer, if you know what I
mean”, and likened its effect to “the hand of God reaching down
and massaging your central nervous system”. Thanks in part to Mr
Carlson, Zyn has become a symbol for a new boyish blend of
conservative masculinity.

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The infectious disease doctor shortage will hit marginalized people
the hardest
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Physician shortages span across all specialties: A recent Association
of American Medical Colleges report projected that by 2036, the U.S.
will have a deficit of 86,000 physicians. The speakers at the press
briefing noted that the infectious disease care shortage itself goes
beyond insufficient numbers of physicians — there’s also a dearth
of infectious disease specialized nurses, clinical microbiologists,
pharmacists, and lab technicians.

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David Lynch Says He Has Emphysema
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According to the American Lung Association, emphysema, also referred
to as chronic obstructive lung disease, is a lung disease that causes
shortness of breath. Smoking and air pollution are the most common
causes. Early warning signs of the disease include coughing up mucus,
wheezing and chest tightness, the A.L.A. says on its website.

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Usha Vance Defends JD Vance's 'Childless Cat Ladies' Claim as a 'Quip'
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Mr. Vance, then a Senate candidate, did not explicitly refer to
challenges facing Americans struggling to have children during the
2021 interview, which lasted five minutes. He said the people he was
referring to were “obsessed with their jobs” and controlled by
“D.C. and New York status games.”

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Virginia Man Threatened to Kill Kamala Harris, Authorities Say
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In a statement on Monday, Christopher R. Kavanaugh, the U.S. attorney
for the Western District of Virginia, said: “Open political
discourse is a cornerstone of our American experience. We can
disagree. We can argue, and we can debate. However, when those
disagreements cross the line to threats of violence, law enforcement
must step in.”

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The Memo: No AI training? Go rogue
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Bloomberg, citing unnamed sources with knowledge of the situation that
were on the call but not allowed to speak during it, said they were
told during the meeting that Walmart would start requiring thousands
of workers from its smaller offices and remote locations to move to
one of its main office hubs or consider their jobs gone.

Work

House of the Dragon season 2 is as bleak as it gets
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As various characters vainly claimed that peace was their goal,
Daemon's finale visions of the events of Game of Thrones reminded us
otherwise. This war might feel like the war to end all wars but there
is no such thing. Instead, it is just another fight to the death of
many hundreds of thousands.

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Is the US economy heading for recession after stock market slump?
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This could happen, according to Neil Shearing, group chief economist
at Capital Economics, if there is "a market dislocation that deepens
and starts to threaten systemically important institutions and/or
broader financial stability".

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Traders Bet on Fed Emergency Rate Cuts, but Officials Need More to
React
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Monday’s sell-off was far less drastic than that moment. Investors
dumped stocks because they have become nervous that the economy might
fall into a recession after a few weak economic data releases in the
United States, including a jobs report last Friday that showed
unemployment rising. But even as they sank, markets continued to trade
in an orderly fashion.

Work

Bloomberg Disciplines Journalists Over Prisoner Swap Article
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“We publish thousands of stories every day, many of which break
news,” Mr. Micklethwait wrote. “We take accuracy very seriously.
But we also have a responsibility to do the right thing. In this case
we didn’t.”

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Thousands of users have reported online brokerage outages as stocks
tumbled.
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David Fonseca, a Fidelity account holder in Knoxville, Tenn., said he
had hoped to sell some of his stock options as soon as the market
opened Monday morning, but he couldn’t load anything on his accounts
for several minutes. Once he eventually gained limited access, he
tried to sell but was blocked.

Work

'Pig butchering' scammers target BBC reporter
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Knowing the profile for ‘Jessica’ was fake, the reporter played
along for more than two months to find out what psychological tricks
the pig butchers employ to trick victims around the world into
investing into fake crypto schemes.

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