From TradeBriefs <[email protected]>
Subject Billionaire Bill Ackman has an idea for getting the ultra-wealthy to finally pay a fair share of taxes - Fortune (No paywall) - Aug 25, 2024
Date August 25, 2024 12:31 PM
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The top 15 stories curated by editors and fellow readers!

Editor's Pick

Emotional Intelligence Has 12 Elements. Which Do You Need to Work On?
- Harvard Business Review (No paywall)

[[link removed]}&lead=419599&emailid=54653&nl=daily
there are many models of emotional intelligence, they are often lumped
together as “EQ” in the popular vernacular. An alternative term is
“EI,” which comprises four domains: self-awareness,
self-management, social awareness, and relationship management. Within
those domains are 12 EI competencies, starting with emotional
self-awareness in the self-awareness domain. Emotional self-control,
adaptability, achievement orientation, and a positive outlook fall
under self-management. Empathy and organizational awareness make up
social awareness. Relationship management includes influence, coaching
and mentoring, conflict management, teamwork, and inspirational
leadership. Leaders need to develop a balance of strengths across
these competencies. Assessment tools, like a 360-degree assessment
that uses ratings from yourself and those who know you well, can help
you determine where your EI needs improvement. To best improve your
weak spots, find an expert to coach you.

Continued here [[link removed]}&lead=419599&emailid=54653&nl=daily]

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Work

Billionaire Bill Ackman has an idea for getting the ultra-wealthy to
finally pay a fair share of taxes - Fortune (No paywall)
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Acknowledging the growing number of Americans fed up with yawning
income inequality, billionaire investor Bill Ackman has come up with a
way to get the ultrawealthy to pay their fair share. 

Work

An unusual documentary follows a simulated attempted coup in the US -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
Watching US politicians and former generals as they react to a
simulated attempted coup after a disputed US election in the
documentary War Game is fascinating – but it leaves many questions
unanswered, finds Bethan Ackerley















Work

Why Generative A.I. Poses Risks for Early Adopters - Inc.com (No
paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
If you're looking to implement generative A.I. into your business,
experts have one big piece of advice: Be careful, because the
technology is getting increasingly out of hand. A new song from Drake
and the Weeknd titled "Heart on My Sleeve" recently went viral and
seemed poised to be the song of the summer, until it was abruptly
removed from all monetized platforms last week. Turns out, the track
wasn't made by Drake or the Weeknd, it was made by an A.I., and the
original artists weren't getting paid. 

Work

The world needs codes quantum computers can't break - The Economist
(No paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
QUANTUM COMPUTERS, which exploit strange properties of the subatomic
realm to crunch numbers in powerful new ways, do not actually work
yet. But if and when they do start working, they will be able to break
the cryptographic algorithms that currently protect online
communications, financial transactions, medical records and corporate
secrets.














Work

AI scientists are producing new theories of how the brain learns - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
Five DECADES of research into artificial neural networks have earned
Geoffrey Hinton the moniker of the Godfather of artificial
intelligence (AI). Work by his group at the University of Toronto laid
the foundations for today’s headline-grabbing AI models, including
ChatGPT and LaMDA. These can write coherent (if uninspiring) prose,
diagnose illnesses from medical scans and navigate self-driving cars.
But for Dr Hinton, creating better models was never the end goal. His
hope was that by developing artificial neural networks that could
learn to solve complex problems, light might be shed on how the
brain’s neural networks do the same.

Work

Exposure to the sun's UV radiation may be good for you - The Economist
(No paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
BASKING IN THE sun has been considered a health hazard for at least
four decades. The main risk comes from ultraviolet (UV) light, which
the Sun emits alongside visible radiation. This can increase the
chances of skin cancer—the number of diagnoses of which are
rising—as well as bringing on premature ageing and leading to
wrinkles. As a result, most developed countries recommend sunbathers
protect their skin in the heat of the day with sun cream, especially
in the summer months.














Work

Zoom Fatigue Is Real for CEOs. How to Make Remote Meetings Work for
You - Inc.com (No paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
Remote work has become far more common in the U.S. since the pandemic,
and today, 27 percent of employees in remote-capable jobs are working
exclusively remote, according to Gallup. In some cases, that includes
the CEO -- even incoming CEOs at the likes of Starbucks and Victoria's
Secret have remote work flexibility.

Work

Microwaves: A Haven for Bacterial Diversity
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Alba Iglesias, a microbiologist, and her team collected samples from
30 microwave ovens, some from private homes, others shared in large
communal spaces —like offices— and several used in laboratories
for heating samples and chemical solutions.














Work

The Vital Necessity of Very Old Books
[[link removed]}&lead=419599&emailid=54653&nl=daily]
For its Self-Indulgence issue in December 1973, National Lampoon
dreamt up a spoof publication called Me Magazine, billed as “The
ultimate special interest magazine.” Addressed to Mr. Walter J.
Arnholt, the cover featured the same Mr. Arnholt, led with an
editorial by Mr. Arnholt, contained letters to the editor by Mr.
Arnholt, and then ran through the litany of regular magazine
departments—including horoscope—all by, for, about, and featuring
Mr. Arnholt.

Work

'It could disappear for ever': Anger over sale of George Orwell
archive
[[link removed]}&lead=419599&emailid=54653&nl=daily]
George Orwell's archives provide an invaluable insight into one of the
most influential British writers of the 20th century, casting light on
how he produced his most memorable books, his sensitivity to
criticism, and his fears that legal threats could ruin his work. Now
the treasure trove that is the extensive archive of correspondence and
contracts amassed by Orwell's original publisher, Victor Gollancz,
could be scattered to the winds in what has been described as an act
of "cultural vandalism".














Work

The Walmart heirs are worth $330 billion. Sam Walton's smart move in
the 1950s is a big reason why. - Business Insider (No paywall)
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The Walton family is worth about $330 billion, or way more than Elon
Musk ($237 billion), per the Bloomberg Billionaires Index. Its members
owe a chunk of their incredible wealth to a shrewd move by Walmart
founder Sam Walton in the 1970s.

Work

Your Emails Are 36 Percent More Likely to Get a Reply If You End Them
This Way - Inc.com (No paywall) [[link removed]}&lead=419599&emailid=54653&nl=daily]
As any salesperson, PR rep, or entrepreneur can tell you, the rate at
which people open and respond to your emails can be the difference
between accelerating your career and the pit of despair. 














Work

Against all odds, an asteroid mining company appears to be making
headway
[[link removed]}&lead=419599&emailid=54653&nl=daily]
That is not meant to be offensive; rather, it is a reflection of the
fact that the business they entered into—mining asteroids for
platinum and other precious metals—is a perilous one. To date, NASA
and other space agencies have spent billions of dollars returning a
few grams of rocky material from asteroids. Humanity has never visited
a metal-rich asteroid, although that will finally change with NASA's
$1.4 billion Psyche mission in 2029. And so commercial asteroid mining
seems like a stretch, and indeed, other similarly minded startups have
come and gone.

Work

Why Ed-tech Startups Don't Scale
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The education market is geographically siloed. As an early-stage
startup that just found product-market fit in one region, you are
unlikely to be able to scale it by replicating your model as
venture-backed businesses usually do, because different regions have
wildly different markets.














Work

How Tiny Tags Got Meryl Streep to Wear Its Necklace
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Melissa Clayton, a former accountant, received so many compliments on
the homemade necklaces she wore featuring her sons' names, she started
to think she'd be able to find customers. She launched her custom
nameplate-necklace company, Tiny Tags, in 2011. Three years later,
she began scaling the self-funded business. She started by
differentiating its product: Her necklaces would be made in the United
States, available in fine metals, and laser engraved--a precise but
time- and labor-intensive process. The price point reflects
that--today, a 14-karat gold script nameplate necklace is $575. To
differentiate her product from the emerging crowd of inexpensive brass
name-necklaces on sites such as Etsy, Clayton leaned on her ability to
speak directly to moms, to build a community online, and her
company's white-glove customer service.

Work

On Immigration, Harris and Democrats Walk a Delicate -- and Harder --
Line
[[link removed]}&lead=419599&emailid=54653&nl=daily]
There were little to no condemnations of Mr. Trump’s immigration
policies or pledges to reverse them. There were vague calls to expand
legal pathways to citizenship but no mention of the roughly 11 million
undocumented immigrants who would stand to benefit from the move, many
of whom have been working and building families in the United States
for years. The immigrants known as Dreamers, who were brought to the
country illegally as children and who have become leaders in a
national push for legal status, were absent from the podium.













Work

Israel's Hunt for the Elusive Leader of Hamas
[[link removed]}&lead=419599&emailid=54653&nl=daily]
American and Israeli officials said Mr. Sinwar abandoned electronic
communications long ago, and he has so far avoided a sophisticated
intelligence dragnet. He is believed to stay in touch with the
organization he leads through a network of human couriers. How that
system works remains a mystery.

Work

Would a Group Opposed to Police Blow the Whistle on Its Founder?
[[link removed]}&lead=419599&emailid=54653&nl=daily]
What happened next tested everyone who had believed in Mr.
Anderson’s vision — fueled by his story of personal pain — for
the transformation of America’s relationship with police. Because of
what their captivating leader had done, Ms. Banks and her colleagues
were forced to grapple with their most deeply held ideals about
altruism, crime and justice.

Work

Opinion | The Christian Persecution Narrative Rings Hollow
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Combine those stories with the personal tales of Christians who faced
death threats, intimidation and online harassment for their views, and
it’s easy to tell a story of American backsliding — a nation that
once respected or even revered Christianity now persecutes Christians.
If the left is angry at conservatives for seeking the protection of a
man like Trump, then it has only itself to blame.

Work

Opinion | The Politics of a Hard Day's Work for Lobstermen in a
Changing Climate
[[link removed]}&lead=419599&emailid=54653&nl=daily]
There are places in America where climate change feels close at hand ?
and also far away from politics, partly because of how much work there
is to do.

Work

EXCLUSIVE: TPG nears $150M funding in India's Eruditus at $2.3B
valuation
[[link removed]}&lead=419599&emailid=54653&nl=daily]
EV startup Canoo’s chief technology officer Sohel Merchant has left
the company, two people familiar with his departure have told
TechCrunch. Merchant was one of the members of Canoo’s founding…

Work

How JD Vance Found His Way to the Catholic Church
[[link removed]}&lead=419599&emailid=54653&nl=daily]
“It was the best criticism of our modern age I’d ever read,” Mr.
Vance later explained in a Catholic literary journal. “A society
oriented entirely towards consumption and pleasure, spurning duty and
virtue.”

Work

Dashed Hopes and Big Breaks: What It's Like to Work on Cold Cases
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The work, investigators who have experience with such cases say, is
not for everyone, involving a lot of hours and sleepless nights.
Investigators have to interview witnesses multiple times and work with
new technology to uncover leads in ways that were not possible when
the case first opened.

Work

Harris Campaign Says It Raised $82 Million During Convention Week
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The $82 million raised during the four days of the Democratic
convention is roughly on par with the $81 million the Harris campaign
said it raised in the first 24 hours after Mr. Biden’s decision to
drop out.

Work

As Kamala Harris Claims Oakland, Berkeley Forgives
[[link removed]}&lead=419599&emailid=54653&nl=daily]
“Oh, people would definitely think Berserkeley!” said Anna
Natille, who lives near Ms. Harris’s childhood home and was walking
her pug, Figgy, past it last week. “We have such a reputation for
being on the far left, that we’re all a bunch of communists and
socialists.”

Work

Nvidia earnings, GDP data, and a big launch: What to watch in the
markets this week
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Moreover, the annual Fintech South conference is scheduled for Tuesday
and Wednesday at the Woodruff Arts Center in Atlanta, Georgia. The
conference tagline — “Fintech Lives Here!” — underscores
Atlanta’s role in the world of financial technology. For more on the
agenda, you can find additional information here.

Work

What could Asda and Morrisons move away from self-checkout mean?
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Mel Merritt, head of policy and campaigns at the National Autistic
Society, said some people "may prefer the reduced level of social
communication and interaction which a self-service checkout provides".

Work

Soaring Insurance Costs Could 'End' Affordable Housing, Developers
Warn
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The problem is most serious in coastal states, hit hard by severe
weather. But Frank Woodruff, the executive director of the Community
Opportunity Alliance, a trade group representing nonprofit housing
developers, warned of a wider crisis.

Work

Why Opening a Roth Account May Be a Good Move, No Matter Your Age
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Ms. Clark, owner and founder of the Table Financial Planning, based in
Fountain Hills, Ariz., said a Roth account offered the flexibility of
having a tax-free bucket of funds that they could dip into for large
or unplanned expenses.

Work

Trying to Head Off War, U.S. Moves Naval Forces Closer to Israel
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Eric Schmitt is a national security correspondent for The Times,
focusing on U.S. military affairs and counterterrorism issues
overseas, topics he has reported on for more than three decades. More
about Eric Schmitt

Work

Here's a Timeline of Recent Strikes and Retaliations in the Middle
East
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Iran retaliated for the Damascus strikes by launching more than 300
drones and missiles against Israel, its first open attack on Israel
from Iranian soil. The strikes, aimed at military targets, caused
minor damage and injured a young girl. Israel intercepted most of the
projectiles and others were shot down by U.S. and Jordanian defenses.
The calibrated attack, telegraphed well in advance, demonstrated
Iran’s effort to avoid mass casualties or direct war, analysts said.

Work

Questions for Investigators Trying to Unravel Mystery of Luxury
Yacht's Sinking
[[link removed]}&lead=419599&emailid=54653&nl=daily]
When the Bayesian sank around 4 a.m. on Aug. 19, the waters in its
area, about half a mile off the Sicilian port of Porticello, were
transformed by an extremely sudden and violent storm, according to
fishermen, a captain in the area and meteorologists.

Work

Battle-Hardened Poets Fuel a Literary Revival in Ukraine
[[link removed]}&lead=419599&emailid=54653&nl=daily]
As Ms. Chornohuz bandaged the head of a wounded platoon commander, she
said a third attack broke through, forcing the Ukrainian troops to
retreat quickly, leaving behind the commander and other badly injured
soldiers.

Work

Separate Attacks Near Ukraine-Russia Border Kill Civilians, Officials
Say
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Mr. Putin “is still thinking about how to keep the occupied
territories and does not think about how to protect his people,” Mr.
Zelensky said during a news conference on Saturday with the leaders of
Poland and Lithuania. He also said that the incursion aimed to stop
Moscow’s own plans to launch an offensive in northern Ukraine and to
occupy Sumy region.

Work

'Whatever Happens in the Sauna Stays in the Sauna': Diplomacy,
Conducted in the Nude
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The Finns use it multiple times a week in the evenings or mornings
before their day begins, in a ritual that involves showering, sitting
in extreme heat and cooling off in cold water. That practice, which is
traditionally performed without a bathing suit, is repeated multiple
times before saunagoers sit down for a healthy meal. It is a social
experience.

Work

Opinion | Kamala Harris Begins to Sketch a New Economic Vision
[[link removed]}&lead=419599&emailid=54653&nl=daily]
This new story has two themes — call them “build” and
“balance.” The first focuses on pointing and shaping markets
toward worthy aims; the second corrects upstream power imbalances so
that market outcomes are fairer and need less after-the-fact
redistribution.

Work

New Arrest Made in Knife Attack That Left 3 Dead in Germany
[[link removed]}&lead=419599&emailid=54653&nl=daily]
At a news conference held on Saturday before the arrest, officials
said that they had not ruled out a terrorist attack because no other
explanation for the seemingly random violence made sense. The federal
prosecutor’s office is on standby to take over the case, should the
authorities conclude that the attack was a terrorist act.

Work

Hezbollah launches missile barrage at Israel to avenge top commander
[[link removed]}&lead=419599&emailid=54653&nl=daily]
That precarious balance appeared to shift after the strike in the
Golan Heights, for which Hezbollah denied responsibility, and the
subsequent assassination of Shukr, one of Hezbollah's most senior
military commanders.

Work

Russian attacks on Ukraine injure at least 29, local authorities say
[[link removed]}&lead=419599&emailid=54653&nl=daily]
"Most of the missiles did not reach their targets," the air force
said, adding that Russia launched an Iskander-M ballistic missile, an
Iskander-K cruise missile and six guided air missiles. It did not
specify how many missiles were destroyed.

Work

NASA's Starliner decision was the right one, but it's a crushing blow
for Boeing [[link removed]}&lead=419599&emailid=54653&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
reserved. Use of and/or registration on any portion of this site
constitutes acceptance of our User Agreement (updated 1/1/20) and
Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
sales from links on this site. Read our affiliate link policy.Your
California Privacy Rights | Do Not Sell My Personal Information The
material on this site may not be reproduced, distributed, transmitted,
cached or otherwise used, except with the prior written permission of
Condé Nast.Ad Choices

Work

Shocker: French make surprise arrest of Telegram founder at Paris
airport [[link removed]}&lead=419599&emailid=54653&nl=daily]
CNMN Collection WIRED Media Group © 2024 Condé Nast. All rights
reserved. Use of and/or registration on any portion of this site
constitutes acceptance of our User Agreement (updated 1/1/20) and
Privacy Policy and Ars Technica Addendum. Ars may earn compensation on
sales from links on this site. Read our affiliate link policy.Your
California Privacy Rights | Do Not Sell My Personal Information The
material on this site may not be reproduced, distributed, transmitted,
cached or otherwise used, except with the prior written permission of
Condé Nast.Ad Choices

Work

Minister seeks legal settlement in case of South Africa's imperilled
penguins
[[link removed]}&lead=419599&emailid=54653&nl=daily]
George said he did not have an opinion yet on the science or policy of
the issue, but had asked for a meeting with the fishing industry and
environmental groups next week. "Lines are drawn and [there are]
vested interests," he said. "But where does that leave the penguins?"

Work

Africa to finally receive first batch of vaccines for deadly mpox
virus
[[link removed]}&lead=419599&emailid=54653&nl=daily]
For its part, according to the New York Times, the WHO said it did not
have the data it required to do a full review for approval of the
vaccine, and an emergency licence process can be carried out only
after a public health emergency of international concern has been
declared.

Work

Killer asks to return to UK to help find victim's body 55 years after
murder
[[link removed]}&lead=419599&emailid=54653&nl=daily]
In the final episode of Worse Than Murder, MacSorley accuses Hosein of
lengthening the suffering of the McKays. "I've been a journalist for
more than 30 years," MacSorley said. "I've interviewed paedophiles,
rapists, murderers ⦠But I've never interviewed anyone quite like
Nizamodeen Hosein. To me, he came across as a troubled and deluded
man, with no sense of remorse."

Work

Warnings issued as wild thunderstorms expected to sweep over South
Australia, Victoria and NSW
[[link removed]}&lead=419599&emailid=54653&nl=daily]
“This will cover several of our major population centres, including
Melbourne and Adelaide and to a slightly less degree Canberra as
well,” Miriam Bradbury, a senior meteorologist, said. “All of
these areas may see storms on Sunday, with Melbourne and Adelaide
possibly seeing severe thunderstorms.”

Work

Triple zero callers now able to livestream emergencies directly to NSW
police
[[link removed]}&lead=419599&emailid=54653&nl=daily]
The service’s operator, the UK-based GoodSAM, is being paid $6.3m
over four years, according to a contract notice. The system has been
used by New Zealand paramedics, UK police and US firefighters, with
GoodSAM claiming the San Antonio fire department saved US$7.6m during
one year of use.

Work

Bill Shorten accuses Greens of NDIS misinformation as he tries to
reassure participants over new laws
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Shorten told the ABC on Sunday: “There are some household items
which can be modified to make it easier for a person with a disability
to use – they’ll still be allowed. But this idea that everyone can
head down to Bing Lee or Harvey Norman and get yourself a washing
machine on the scheme, that’s not right and that’s never been
OK.”

Work

Four people including police officer injured after car crash and
alleged stabbings in Sydney's south
[[link removed]}&lead=419599&emailid=54653&nl=daily]
"I heard the guy screaming in the driver's [seat] and then I heard his
partner screaming even louder ⦠I tried to open the [passenger]
door and finally jammed it open," he said.

Work

Solingen stabbing attack: suspect believed to be member of Islamic
State, say authorities
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Germany has experienced a series of knife attacks over the past 12
months, with the country’s interior minister, Nancy Faeser, pledging
earlier this month to crack down on knife crime with a reformed
weapons law.

Work

Norway's border guards on front line in battle against 'cocaine
tsunami'
[[link removed]}&lead=419599&emailid=54653&nl=daily]
Skjalg Fjellheim, a minister in Norway's treasury department, said the
government had allocated 118m kroner (£9m) to strengthening customs
work against drug trafficking in the revised 2024 budget and that the
2025 budget would bring the figure up to over 200m kroner.

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