From TradeBriefs <[email protected]>
Subject Why CEOs Stay in Tim Walz's Minnesota - Aug 24, 2024
Date August 24, 2024 3:17 AM
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The top 15 stories curated by editors and fellow readers!

Editor's Pick

You don't know how bad most things are nor precisely how they're bad.
LessWrong
[[link removed]}&lead=419599&emailid=53932&nl=daily: Your
discernment in a subject often improves as you dedicate time and
attention to that subject. The space of possible subjects is huge, so
on average your discernment is terrible, relative to what it could be.
This is a serious problem if you create a machine that does everyone's
job for them.

I loved the rehearsal, and heard nothing at all wrong with the piano,
but immediately afterwards, the conductor and piano soloist hurried
over to the piano tuner and asked if he could tune the piano in the
hours before the concert that evening. Annoyed at the presumptuous
request, he quoted them his exorbitant Sunday rate, which they hastily
agreed to pay. 

Continued here
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"As a professional working across multiple time zones, TradeBriefs
helps me stay informed with concise, well-curated updates. It's a
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- Michael Thompson, CEO, Global Innovations Group, USA

Work

Why CEOs Stay in Tim Walz's Minnesota
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Sonnenfeld is a Lester Crown Professor of Leadership Practice and
President of the Yale Chief Executive Leadership Institute. Henriques
is a senior fellow at the Yale Chief Executive Leadership Institute.

Work

The staggering death toll of scientific lies
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Poldermans was a prolific medical researcher at Erasmus Medical Center
in the Netherlands, where he analyzed the standards of care for
cardiac surgery, publishing a series of definitive studies from 1999
until the early 2010s.















Work

Engineered bacteria destroy antibiotic resistance DNA in wastewater -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
Bacteria engineered to destroy DNA can remove more than 99 per cent of
genes that confer antibiotic resistance from wastewater. Treating
wastewater with this method could help slow the spread of antibiotic
resistance.

Work

The Hidden Psychology Behind the Success of Tim Walz - Inc.com (No
paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
In leadership, the value of consistency cannot be overstated.
Minnesota Governor and Democratic vice presidential candidate Tim Walz
exemplifies how maintaining consistency between one's public persona
and internal values can make a leader not only more effective but also
more respected. 














Work

Research: Consumers Spend Loyalty Points and Cash Differently -
Harvard Business Review (No paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
Do consumers treat loyalty points the same way that they treat
traditional money? And, how do they choose to spend one versus the
other?  The authors of this article present research findings from
their analysis of data describing over 29,000 unique loyalty points
earning and spending transactions made during two recent years by 500
airline loyalty program consumers.  They found that points users fell
into four distinct categories: 1) Money advocates, who prefer cash
over points, even when their value is identical in terms of purchasing
power; 2)  Currency impartialists, who regard points and cash
interchangeably, valuing them equally based on their financial worth;
3) Point gamers, who actively seek out the most advantageous point
redemption opportunities, opting to spend points particularly when
their value significantly surpasses that of cash; and 4) Point lovers,
who value points more than money even if their purchase power is the
same or lower. This article explores the strategic implications of
these findings for companies that manage loyalty programs.

Work

A harm-reduction approach to eating out - STAT (No paywall)
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Several years ago, while on a road trip, I ordered the
now-discontinued spaghetti and meatballs during a pitstop at
Denny’s. When the plate came out, I thought there was no way I could
finish the massive platter, but then I did because it was right in
front of me — even though I knew exactly what was going on.














Work

Stocks Rally As Powell's Signals Fed Pivot At Jackson Hole Address -
Forbes (No paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
Stocks rose across the board Friday, knocking off Thursday's losses
and pulling indexes within striking distance of all-time highs, with
the market passing a major test as Federal Reserve Chairman Jerome
Powell indicated a coming expiration date for high interest rates.

Work

Why Was It So Hard for the Democrats to Replace Biden? - The New
Yorker (No paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
The buttons said “Frat Bros for Harris” and “Hillbillies for
Harris” and “Banned Book Readers for Harris” and “Unity
2024.” The stickers said “demo(b)rat” and “Existing in
Context” and “F*ck Project 2025” and “Hotties for Harris.”
The Washington State delegation wore “Cowboy Kamala” sashes and
cowboy hats fringed with flashing lights. (“The Smithsonian already
came by to collect one,” Shasti Conrad, the head of the delegation,
told me.) Some pieces of merch seemed to have been printed in June—a
T-shirt with images of Joe Biden, Barack Obama, Bill Clinton, and
Jimmy Carter, but no Kamala Harris—and others were designed sometime
between late July, when Biden left the race, and mid-August, when
people started arriving in Chicago for the Democratic National
Convention. It surely wasn’t spontaneous when Biden finished his
keynote speech and Harris told him, within view of the cameras, “I
love you so much.” Still, stagecraft and all, it did feel a bit like
Unity 2024. “Two months ago, it was impossible to contemplate that
anyone other than Biden could unite the Party,” Peter Welch, the
junior senator from Vermont, told me. “Then it was people tiptoeing
around, going, ‘O.K., he’s not the best messenger, but we can’t
address that without tearing the Party apart.’ Now that’s all
ancient history.”














Work

This startup wants to be the iTunes of AI content licensing
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Getting AI companies to pay publishers for fresh data sounds great in
theory. But will anyone bite?

Work

RFK Jr expected to drop out--Jill Stein will not be following him
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Jill Stein has unequivocally stated she will not drop out of the 2024
presidential election, even if it means facing a repeat of accusations
that her campaign took votes away from the Democrats and contributed
to a second Donald Trump victory.














Work

How Has Neurodivergence Shaped Human History? - Discover Magazine (No
paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
While the American Psychiatric Association only formally recognized
attention-deficit hyperactivity disorders (ADHD) in the late 1960s,
the traits associated with the now commonly diagnosed conditions are
embodied by famous individuals throughout history.

Work

Don't Trust AI for Important Things Such As Investment Decisions -
Scientific American (No paywall) [[link removed]}&lead=419599&emailid=53932&nl=daily]
Entrepreneur and software engineer Marc Andreessen described ChatGPT
in a post on X (formerly Twitter) as “pure, absolute, indescribable
magic.” Bill Gates told Forbes that ChatGPT was “every bit as
important as the PC, as the internet.” If that hyperbole was not
enough, Sundar Pichai, CEO of Alphabet and Google, proclaimed in a 60
Minutes interview that artificial intelligence “is the most profound
technology that humanity is working on—more profound than fire.”
Turing Award winner Geoffrey Hinton told CBS News, with no apparent
sense of irony, “I think it’s comparable in scale with the
Industrial Revolution or electricity—or maybe the wheel.”














Work

Robert F. Kennedy Jr. Endorses Trump and Suspends His Independent Bid
for President
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Mr. Kennedy said that his decision to back the former president would
be a “difficult sacrifice for my wife and children,” but that he
felt compelled to help Mr. Trump over support for policy positions he
holds dear, including diminishing America’s military presence
overseas and an overhaul of the country’s public health system.

Work

On Truth Social, Donald Trump Tries to Refashion Himself as Supportive
of Abortion Rights
[[link removed]}&lead=419599&emailid=53932&nl=daily]
“I believe America cannot truly be prosperous unless Americans are
fully able to make their own decisions about their own lives,
especially on matters of heart and home,” Ms. Harris said. “But
tonight, in America, too many women are not able to make those
decisions. And let’s be clear about how we got here. Donald Trump
handpicked members of the United States Supreme Court to take away
reproductive freedom. And now he brags about it.”














Work

The Big Number: 818,000
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The Federal Reserve, which is poised to cut interest rates when it
meets next month, is attuned to such signs of economic slowdown. Fed
officials may also be taking note of a shift in consumer behavior, as
Americans hurt by years of high inflation have turned to bargain
hunting.

Work

Why Mpox Vaccines Aren't Flowing to Africans in Desperate Need
[[link removed]}&lead=419599&emailid=53932&nl=daily]
While high-income nations rely on their own drug regulators, such as
the Food and Drug Administration in the United States, many low- and
middle-income countries depend on the W.H.O. to judge what vaccines
and treatments are safe and effective, a process called
prequalification.













Work

U.S. will again offer free at-home Covid tests starting in late
September
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Testing is a critical tool for protection as Covid infections climb
again. But lab PCR tests â the traditional method of detecting Covid
â have become more expensive and less accessible for some Americans
since the U.S. government ended the public health emergency in May
last year. 

Work

Peace Talks at Swiss Resort Beckoned. Sudan's Divided Generals
Wouldn't Go.
[[link removed]}&lead=419599&emailid=53932&nl=daily]
At one point this week, Tom Perriello, the United States envoy to
Sudan, broke away from the talks and flew to Cairo to meet an official
Sudanese delegation, hoping to coax its members to attend. But the
Sudanese sent delegates who the Americans and Egyptians thought were
not interested in peace. Egypt’s intelligence chief, Abbas Kamel,
who had brokered the meeting, called it off at the last minute,
according to two officials who spoke on condition of anonymity because
of the sensitivity of the negotiations.

Work

Opinion | Luckily for Kennedy, Trump Has Low Hiring Standards
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Kamala Harris: The biggest speech of her life. She’s been on a roll
on the campaign trail, but a lot of Americans are still getting to
know her as a possible president. No matter your party, it’s
intriguing to see what Harris makes of the moment — whether she
tries to be all things to all people or tries to make a few indelible
points. Not many presidential nominees give the best speech of an
entire convention — it would be one for the ages if she did.

Work

Prosecutors seek 40-year sentence for officer over fatal beating of
Tyre Nichols
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The criminal charges are separate from the US justice department’s
“patterns and practices” investigation into how Memphis officers
use force and conduct arrests – and whether the department in the
majority-Black city engages in racially discriminatory policing.

Work

Robert F Kennedy Jr suspends US presidential campaign and endorses
Trump
[[link removed]}&lead=419599&emailid=53932&nl=daily]
“We want an America filled with hope and bound together by a shared
vision of a brighter future, a future defined by individual freedom,
economic promise and national pride,” they said. “We believe in
Harris and Walz. Our brother Bobby’s decision to endorse Trump today
is a betrayal of the values that our father and our family hold most
dear. It is a sad ending to a sad story.”

Work

Piramidal's foundation model for brainwaves could supercharge EEGs |
TechCrunch
[[link removed]}&lead=419599&emailid=53932&nl=daily]
When you really probe venture capitalists about investing in AI
startups, they’ll tell you that businesses are experimenting wildly
but are very slow to add AI solutions into their ongoing…

Work

M&A can open up the playing field for the competition | TechCrunch
[[link removed]}&lead=419599&emailid=53932&nl=daily]
When you really probe venture capitalists about investing in AI
startups, they’ll tell you that businesses are experimenting wildly
but are very slow to add AI solutions into their ongoing…

Work

AI talent managers, technocapitalist college towns and a rise in
defense tech acquisitions
[[link removed]}&lead=419599&emailid=53932&nl=daily]
You also can follow Equity on X and Threads, at @EquityPod. For the
full episode transcript, for those who prefer reading over listening,
check out our full archive of episodes over at Simplecast.

Work

Tingit is building a marketplace for 'zero-effort' repairs, starting
with fashion | TechCrunch
[[link removed]}&lead=419599&emailid=53932&nl=daily]
When you really probe venture capitalists about investing in AI
startups, they’ll tell you that businesses are experimenting wildly
but are very slow to add AI solutions into their ongoing…

Work

Trump's Latest Health Care Attack on Kamala Harris: What It Could Mean
for Your Premiums and Taxes
[[link removed]}&lead=419599&emailid=53932&nl=daily]
As the 2024 election draws nearer, health care will be among the top
issues for all parties. It's up to Americans to take the time to
understand what each party's health care proposals will mean for them.

Work

Sacked BBC presenter Jermaine Jenas 'ashamed' of 'inappropriate
messages'
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Jenas, a father of four, is understood to be "speaking to lawyers"
after his BBC contract was terminated over allegations he sent
unsolicited messages to a female colleague on the One Show.

Work

Abortion Rights, on Winning Streak, Face Biggest Test in November
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The ballot amendment in Florida alone will pose a test no other
abortion proposal has faced: State law sets the threshold for passage
at 60 percent, rather than a simple majority. In other red states,
abortion rights groups have won with percentages in the high 50s.

Work

16 Republican-Led States Challenge Program to Aid Undocumented Spouses
[[link removed]}&lead=419599&emailid=53932&nl=daily]
“This agency action is nothing less than mass amnesty cloaked in
purported executive discretion — a sweeping, last-minute ploy by an
administration bent on rewriting immigration laws without Congress,”
it said.

Work

In Las Vegas, Trump Calls Harris a 'Copycat' Over 'No Tax on Tips'
Plan
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Before President Biden withdrew from the race in late July, Mr. Trump
had appeared to be on a trajectory to end his electoral drought in the
desert — where one of his hotels towers over the Strip. Mr. Biden,
whose campaign called the “no tax on tips” overture a “wild
campaign promise,” had been trailing Mr. Trump by an average of
seven percentage points in Nevada.

Work

A Campaign That Just Started Is Almost Over
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Harris is heading home to Washington this weekend, my colleagues Reid
Epstein and Katie Rogers report. Trump, who is campaigning today in
Las Vegas and Glendale, Ariz., also has no campaign rallies planned
for Saturday and Sunday. That might be all the peace and quiet we get
before …

Work

Former Florida Deputy Who Killed Airman Is Charged With Manslaughter
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The authorities said that Mr. Duran had been directed to Airman
Fortson’s apartment in Fort Walton Beach in response to a domestic
disturbance report that turned out to be false, The Associated Press
reported.

Work

Prosecutors Unlikely to Seek 'Mini-Trial' in Trump Jan. 6 Case
[[link removed]}&lead=419599&emailid=53932&nl=daily]
While Judge Chutkan could in theory still order such a hearing to be
held, Mr. Smith’s prosecution team is leaning against asking her for
an expansive proceeding where witnesses would provide live testimony
about the case, the people familiar with the matter said.

Work

5 Secret Service Agents Involved in Trump Rally Are Reassigned
[[link removed]}&lead=419599&emailid=53932&nl=daily]
There are several investigations into what happened that day. For its
part, the Secret Service is conducting an internal “mission
assurance” review and has been interviewing its own personnel.

Work

The Next Generation
[[link removed]}&lead=419599&emailid=53932&nl=daily]
As Ms. Harris began her speech, Amara peered up at the vice president.
In a small buffer zone behind the girl, a photographer for The New
York Times took a picture that captured the power of the moment. It
quickly went viral.

Work

Kamala Harris, Hoping to Build Momentum, Plans Battleground State Tour
Next Week
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Presidential candidates typically come out of their conventions trying
to build momentum with bus tours or rallies. Ms. Harris’s choice to
delay the traditional barnstorming reflects the supercharged pace of
the last few weeks and the changed nature of modern campaigns, where
social media posts can be as important as speeches. It also is
evidence of a shift from a sprint to more of a middle-distance effort
that requires endurance and speed in equal measures.

Work

Atlanta Hospital Lost Part of Man's Skull, a Lawsuit Says
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The suit claims that Mr. Cluster has not been able to work as a result
of the error. The suit also says that Ms. Cluster has been “deprived
of the love, society, companionship and consortium of her husband.”

Work

Video: What Stood Out About Michelle Obama's Speech
[[link removed]}&lead=419599&emailid=53932&nl=daily]

Work

Inside the Democratic Schmoozefest, Where Hotel Lobbies Are 'Prime
Territory'
[[link removed]}&lead=419599&emailid=53932&nl=daily]
It has long been this way on the sidelines of political conventions,
where powerful relationships are born and nurtured far from K Street
lobbying offices or boardrooms. But there are still 74 days left —
at least — until anyone will know whether it is important to get in
good with the people wielding authority in a President Harris
administration. It may yet be another four years of wooing President
Trump and his associates.

Work

Guant

Work

As Ukraine Pushes Into Russia, Its Next Steps Are Unclear
[[link removed]}&lead=419599&emailid=53932&nl=daily]
“What the war has shown us so far is that the way to slow a military
down is through ‘defense in depth,’” said Seth G. Jones, a
senior vice president with the Center for Strategic and International
Studies, in a reference to the strategy of using multiple layers of
defensive positioning. “If they are not defending territory with a
mixture of trenches and mines, it is going to be virtually impossible
to hold territory.”

Work

Freight Train Derails in Colorado, Injuring Two Crew Members
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The police department initially stated that fuel from the engine had
leaked into the creek, and later added that all the fuel was believed
to have been absorbed by sand that had spilled out of one of the cars.

Work

Robert F. Kennedy Jr. Is Expected to End his Independent Presidential
Campaign
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Mr. Kennedy’s backing of Mr. Trump would be the culmination of weeks
of discussions, brokered by high-level intermediaries, between the two
men, which began in July just before the Republican National
Convention.

Work

Harris Faces Challenge of Translating Convention Joy to Fall Momentum
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Ms. Scholten knows of what she speaks. She captured a Republican seat
in 2022 that had not gone for a Democrat in 32 years. She understands
what it takes to win in a closely divided battleground state that may
be critical to victory for Ms. Harris. And she remembers when Mr.
Trump surprised the world by overcoming Hillary Clinton eight years
ago.

Work

The Dow closes more than 450 points higher as Jerome Powell says 'the
time has come' for new Fed policy
[[link removed]}&lead=419599&emailid=53932&nl=daily]
He noted that while a September rate cut seems certain, the key
question is whether it will be a one-time adjustment or the start of a
more extensive cutting cycle. This will depend on economic data over
the next two to three months, he added.

Work

Tesla cut down half-a-million trees for a factory
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The moves were, obviously, met with disdain from company boss Elon
Musk, who took to X to describe protesters at the site as “either
the dumbest eco-terrorists on Earth or they’re puppets of those who
don’t have good environmental goals.”

Work

Could spa culture be the secret to improving your career?
[[link removed]}&lead=419599&emailid=53932&nl=daily]
Othership is an immersive sauna and ice bath experience that also
incorporates social elements. People will take Othership classes both
for individual relaxation and for group social experiences like
bachelor parties.

Work

Bitcoin tops $63,000 after Jerome Powell's speech at Jackson Hole
signals interest rate cuts are coming
[[link removed]}&lead=419599&emailid=53932&nl=daily]
In contrast, investors have shown little interest in spot Ether ETFs
over the past week. Unlike Bitcoin ETFs, spot Ether ETFs have only
seen outflows, with no days of positive inflows. Combined, spot Ether
ETFs have witnessed $459 million in outflows, as per Farside data.
Among them, BlackRock’s (BLK) ETHA managed to attract $1 billion in
inflows, while Grayscale’s ETHE has fared the worst, suffering $2.5
billion in outflows.

Work

Subway will sell $6.99 footlongs as the fast foot value wars heat up
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The chain’s Friday announcement is just the latest entry into the
increasingly competitive fast-food value meal wars. McDonald’s has
been running its $5 meal for most of the summer and Starbucks (SBUX)
surprised customers with its own value deal as it too grapples with
declining sales.

Work

Fed Chair Jerome Powell signaled that interest rate cuts are coming.
Here's what experts are saying
[[link removed]}&lead=419599&emailid=53932&nl=daily]
The stock market has significantly rebounded since early August,
indicating that the steep selloff was not a sign of a looming
recession. With the presidential election less than 75 days away, the
Fed faces the dual task of deciding on rate cuts and evaluating the
policies of the 47th president to balance growth and inflation.

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