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- The top 25 stories curated by editors and fellow readers!
Editor's Pick
Its the airplane of the future. Its still grounded. - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=62434&nl=daily] The
durability problems affecting jet engines have hit this aircraft hard,
forcing airlines to cancel flights and ground crews. RTX-owned Pratt &
Whitney has said that many of its PW1500G turbofans, which were
supposed to last 20,000 flight cycles, should be sent to the shop at
5,000. Some are being sent in before 600 cycles. According to August
estimates by analytics firm IBA, 15% of global A220s are grounded and
another 42% are of the age that suggest inspections have happened or
are due.
The A220 should be the pride and joy of the aerospace industry. It is
the only “clean-sheet" single-aisle plane built in recent
years—the A320 and Boeing 737 designs go back to 1986 and 1966,
respectively—and was a bold attempt by Canadian manufacturer
Bombardier to break the commercial-jet duopoly.
Continued here [[link removed]}&lead=419599&emailid=62434&nl=daily]
"TradeBriefs is my go-to for an eclectic mix of news. Whether it's
geopolitics, finance, or fascinating human interest stories, I always
learn something new. The range and quality of the coverage are
unmatched!"
- Emily Roberts, Director of Communications, Global Ventures Capital
Work
Israel says 'highly likely' its troops killed Turkish-American
activist
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Human rights groups say Israeli soldiers who kill Palestinians, or
their foreign supporters, are rarely held to account. The Israeli
military says it investigates and acts if criminal wrongdoing is
found.
Work
With 'Founder Mode,' Silicon Valley makes micromanaging cool - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=62434&nl=daily]
People like Elon Musk and Steve Jobs at times seemed to have a je ne
sais quoi that allowed them to act and behave as leaders of their
companies in ways that would have tripped up mere mortals.
Work
The boom in zero-day options is coming for Tesla and Nvidia - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=62434&nl=daily]
Zero-day-to-expiry options let investors bet on whether a particular
stock-market index will rise or fall by the end of the day. They have
drawn an enthusiastic following among amateur investors, even as
skeptics call them a form of gambling. They are sometimes known by the
hashtag #0dte.
Work
The college dropout who invested billions to cozy up with Elon Musk -
WSJ (No paywall) [[link removed]}&lead=419599&emailid=62434&nl=daily]
He lurked in the crowd outside the 2005 Academy Awards and
clandestinely scanned the cellphones of arriving celebrities. As
expected, he found security holes that exposed the superstars to
hackers. Hering touted his findings, drawing national attention to a
cybersecurity outfit that he and tech-savvy friends started while at
the University of Southern California.
Work
Incoming Starbucks CEO's tall order: Calming anxious employees - WSJ
(No paywall) [[link removed]}&lead=419599&emailid=62434&nl=daily]
Incoming Starbucks chief executive Brian Niccol is set to partake in a
ceremonial “first sip" of coffee Monday as he reports for his first
day of work. For Starbucks employees, it is another change to digest.
Work
AI-powered search startup Glean doubles valuation in new funding round
led by Altimeter
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In a breakout year for AI funding, startups in that industry saw five
times the level of investment as the previous year. As many as 36
generative AI startups have become unicorns, according to CB Insights,
as valuations surged and corporate investors Microsoft, Amazon, Meta
and Google led the march.
Work
Hybrid cars are having a moment as Americans fear EVs just aren't
reliable
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Automakers — led by the undisputed king of hybrids, Toyota Motor Co.
— have been increasingly eyeing hybrids as EV sales growth slows.
Ford Motor Co. last month scrapped or delayed some plans for new EV
models and added new hybrid vehicles to its planned lineup, citing a
need to focus on affordability. Kia America, Hyundai Motor America,
and American Honda Motor also posted strong sales numbers for August,
partially thanks to hybrid sales.
Work
U.K. Hedge Fund Tycoon Buys The Spectator Magazine
[[link removed]}&lead=419599&emailid=62434&nl=daily]
RedBird IMI, led by the American media executive Jeff Zucker, took
over the Barclay family’s debts and tried to complete its
acquisition of The Telegraph group and The Spectator. But it was
thwarted by the British government because of antitrust and media
freedom concerns.
Work
Michael Lerner, 81, Is Dead; Founder of a Combative Jewish Magazine
[[link removed]}&lead=419599&emailid=62434&nl=daily]
But Rabbi Lerner continued to be concerned about what he called
America’s “ethical and spiritual crisis” and the “desire for
meaningful connection.” That concern was the focus of his book
“The Politics of Meaning: Restoring Hope and Possibility in an Age
of Cynicism,” published in 1996.
Work
How False Claims About Dead Cats Became Trump Campaign Fodder
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Among the first prominent people to share the falsehood over the
weekend was Charlie Kirk, the founder and president of Turning Point
USA, a conservative group. He wrote on X on Sunday that “residents
of Springfield, OH are reporting that Haitians are eating their family
pets,” sharing an undated post from a private Facebook group about
crime in Springfield that has fewer than 9,000 members. Mr. Kirk’s
post was viewed 3.9 million times.
Work
SEC charges Keurig Dr Pepper over claims about K-Cups' recyclability
[[link removed]}&lead=419599&emailid=62434&nl=daily]
\"Our K-Cup pods are made from recyclable polypropylene plastic (also
known as #5 plastic), which is widely accepted in curbside recycling
systems across North America,\" the spokesperson said. \"We continue
to encourage consumers to check with their local recycling program to
verify acceptance of pods, as they are not recycled in many
communities. We remain committed to a better, more standardized
recycling system for all packaging materials through KDP actions,
collaboration and smart policy solutions.\"
Work
2,000-Pound Bombs Likely Used in Mawasi Strike
[[link removed]}&lead=419599&emailid=62434&nl=daily]
One of the weapons experts — Chris Cobb-Smith, a former British Army
artillery officer and director of Chiron Resources, a security and
logistics agency told The Times that the dimensions of the craters
were broadly consistent with the use of 2,000-pound munitions.
Work
Federal Reserve unveils toned-down banking regulations in victory for
Wall Street
[[link removed]}&lead=419599&emailid=62434&nl=daily]
\"We will carefully review this new proposal with our members,
recognizing that America\'s banks are already well-capitalized and ...
any increase in capital requirements will still carry a cost for the
economy and must be appropriately tailored,\" said ABA President Rob
Nichols.
Work
Orange County Leader Faces Scrutiny Over Charity's Pandemic Spending
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Mr. Do did not respond to calls for comment and his spokesman, Chris
Wangsaporn, declined to comment on behalf of his office. A lawyer for
Viet America Society, Mark Rosen, has insisted that the organization
had provided the necessary services and was being unfairly targeted.
Work
"MNT Reform Next" combines open source hardware and usable performance
[[link removed]}&lead=419599&emailid=62434&nl=daily]
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Condé Nast.Ad Choices
Work
Why a Disney vacation may have gotten too pricey for the average
American family
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Disney said its parks and experiences segment felt pressure due to
lower consumer demand and inflation in its Q3 2024 earnings.
Work
Israel Says Its Forces Likely Shot 'Unintentionally' at Slain American
Activist
[[link removed]}&lead=419599&emailid=62434&nl=daily]
The Israeli military said on Friday that soldiers had “responded
with fire toward a main instigator of violent activity” who had
thrown stones at Israeli forces and posed a threat to them. Witnesses
at the scene did not deny that some protesters had hurled rocks at
Israeli troops. But they said the clashes had finished by the time Ms.
Eygi was shot, and that they had occurred in a separate location
around 200 yards away.
Work
Google announces deal with direct-air capture startup to remove carbon
emissions
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Sustainability has become an important talking point for a lot of big
tech. Google has made a big investment in buying carbon offsets,
enough that it claims to have eliminated its entire \"carbon legacy,\"
and it aims to be carbon neutral by 2030. But its greenhouse gas
emissions have risen almost 50 percent in the past five years thanks
to the intensive data center demands of AI usage.
Work
Mother remains in hospital under guard after two boys found dead in
Blue Mountains home
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In Australia, the crisis support service Lifeline is on 13 11 14 and
the national family violence counselling service is on 1800 737 732.
In the UK, Samaritans can be contacted on freephone 116 123 and the
domestic abuse helpline is 0808 2000 247. In the US, the suicide
prevention lifeline is 988 and the domestic violence hotline is
1-800-799-SAFE (7233). Other international helplines can be found via
www.befrienders.org
Work
Rupert Murdoch-owned property company REA in talks with Rightmove
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In October, the US property data company CoStar paid £100m for the
UK’s OnTheMarket as a launchpad for its ambition to “participate
aggressively” in the property portal game across Europe.
Work
Millions of US women don't have access to maternity care, report warns
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In August, a report published by the US Center of Disease Control
found that fewer women received early and adequate prenatal care in
2023 than the year before, representing the second such decline in two
years.
Work
Neurode wants to treat and track ADHD symptoms through a wearable
headband | TechCrunch
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In the world of pharmaceuticals, companies aim to operate under GMP
guidelines — a set of production and manufacturing measures to
assure standards for medicinal products. But too often, the…
Work
Exclusive: French embedded insurance startup Neat secures $55 million
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In the world of pharmaceuticals, companies aim to operate under GMP
guidelines — a set of production and manufacturing measures to
assure standards for medicinal products. But too often, the…
Work
Mira is helping fill the hormone knowledge gap for women and the
medical industry
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“This will really drive women’s health to the new level,” Kang
said. “It’s not just like, oh, consumers tracking this at home,
and then they just, it’s good to know. It’s not just good to know.
It’s what you must have, what you must understand. So we’re
actively working on that and this.”
Work
Spare fixes cities' outdated transport services for disabled residents
| TechCrunch
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In the world of pharmaceuticals, companies aim to operate under GMP
guidelines — a set of production and manufacturing measures to
assure standards for medicinal products. But too often, the…
Work
Qualifyze swallows $54M to improve pharmaceutical supply chains |
TechCrunch
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In the world of pharmaceuticals, companies aim to operate under GMP
guidelines — a set of production and manufacturing measures to
assure standards for medicinal products. But too often, the…
Work
Exclusive: What does a promising climate tech startup look like? |
TechCrunch
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In the world of pharmaceuticals, companies aim to operate under GMP
guidelines — a set of production and manufacturing measures to
assure standards for medicinal products. But too often, the…
Work
Key lawmakers are wary of giving FDA more cash to crack down on e-cigs
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“That would require thousands and thousands of individual seizures
that would then result in thousands and thousands of cases in federal
district courts across the country, which would be untenable,” King
said.
Work
More Ukrainians want to negotiate an end to the war. Soldiers don't
agree. - WSJ (No paywall) [[link removed]}&lead=419599&emailid=62434&nl=daily]
Two-and-a-half years into the war, with tens of thousands dead and
Russia advancing in the east, some Ukrainians are asking a question
that had until recently been taboo: Is it time to try to negotiate?
Work
The shadow dollar that's fueling the financial underworld - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=62434&nl=daily]
A giant unregulated currency is undermining America’s fight against
arms dealers, sanctions busters and scammers. Almost as much money
flowed through its network last year as through Visa cards. And it has
recently minted more profit than BlackRock, with a tiny fraction of
the workforce.
Work
Missouri High Court Restores Abortion Measure to Ballot
[[link removed]}&lead=419599&emailid=62434&nl=daily]
The measure, which the secretary of state certified in August, is one
of 10 in states across the country that would establish protections
for abortion like those that were identified in the federal
Constitution in Roe v. Wade, which the United States Supreme Court
overturned in 2022.
Work
Orange County Leader Faces Scrutiny Over Charity's Pandemic Spending
[[link removed]}&lead=419599&emailid=62434&nl=daily]
F.B.I. agents last month searched at least four properties tied to Mr.
Do or the Viet America Society, federal law enforcement officials have
confirmed. And Orange County’s government has sued the Viet America
Society to try to recoup the millions of dollars that was intended to
help vulnerable residents. Charges have not been filed related to the
investigation.
Work
Illinois Man Wrongly Convicted of 2008 Murder Is Awarded $50 Million
[[link removed]}&lead=419599&emailid=62434&nl=daily]
In June 2018, Mr. Brown’s lawyers sought a new trial based on the
accusation that detectives had refused to grant Mr. Brown access to a
lawyer in 2008, his lawyers said. An evidentiary hearing was held that
showed that methods that had been used to interrogate Mr. Brown were
“manifestly illegal,” according to the lawsuit said.
Work
An American Sovereign Wealth Fund? Easier Said Than Done.
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“Establishing a U.S. S.W.F. would raise highly complex technical and
conceptual questions and on its face would appear to be a dubious
value proposition for America,” said Mark Sobel, a former Treasury
official who is now the U.S. chairman of the Official Monetary and
Financial Institutions Forum. “None of the tough questions has been
answered so far.”
Work
Here Are the Key Debate Attacks to Expect. Hint: It May Get Personal.
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Ms. Harris, 59, casts herself as representing the future of American
government and Mr. Trump, 78, as a relic of the past. She will press
her advantage on favorable issues, most obviously abortion, while
seeking to counter Mr. Trump’s attacks on topics where she is
weaker, like the economy and immigration.
Work
JD Vance Appears to Backtrack on False Claim About Haitian Migrants in
Ohio
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Resentment has also brewed among some residents over the immigrants’
presence, and those emotions have bubbled over since an immigrant
driver was involved in a fatal school bus crash last year. Mr. Vance
has latched onto the complaints of community members and has denounced
the Haitians as being in the United States illegally, “draining
social services” and “generally causing chaos.”
Work
Where Donald Trump and Kamala Harris stand on economic issues before
their first debate
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Although many debates tend to focus less on policy and more on getting
one over on political rivals, voters are likely looking for cues on
where the candidates stand on key issues. According to a Pew Research
Center poll in February, Americans’ top priority is how the next
president aims to strengthen the national economy.
Work
Bank of America is hiking pay for tellers as it faces a worker
shortage [[link removed]}&lead=419599&emailid=62434&nl=daily]
According to Wavetec, banks are having a hard time finding tellers due
to the lack of innovation in the job, the monotony of the work, and
the dearth of enrichment employees find in the job. Many are also
turning to remote jobs where they can make the same salary from home.
Work
Somehow an abandoned Tesla Cybertruck became a tourist destination
[[link removed]}&lead=419599&emailid=62434&nl=daily]
We can’t know totally for sure how this Cybertruck ended up here or
how this saga will end, but be rest assured that Jalopnik will update
this bizarre story as more information gets out there.
Work
Apple Intelligence and the iPhone 16 will drive 'good growth', analyst
says
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“We expect developers over the next 6 to 12 months will build
hundreds of generative AI driven apps that will be key ingredients in
the recipe for success for Apple as its technology stack creates the
core building blocks of the consumer AI tidal wave we see coming
starting with iPhone 16,” Ives said.
Work
AT&T's first female CEO of color on what it takes to succeed
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“You are your greatest superpower,” Chow said. By embracing your
unique qualities and experiences, rather than trying to be someone
else, you can harness your true potential and make a meaningful
impact.
Work
The 10 most competitive industries to get a job right now
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“Many workers have felt stuck as a result of layoffs and economic
uncertainty, and as a result we’re starting to see early indicators
of this impact with 75% of industries showing an increase in
high‐potential voluntary turnover,” the company said.
Work
A Boeing strike could be just days away as union members are expected
to reject a proposed deal
[[link removed]}&lead=419599&emailid=62434&nl=daily]
The Jan. 5 incident resulted in a series of federal investigation into
Boeing — which made the plane, a 737 Max 9 — and Sprit
Aerosystems, a key supplier involved in the jet’s construction. The
scandal caused by the blowout has prompted more “boots on the
ground” inspecting Boeing and Spirit’s operations. An initial
investigation by the NTSB found that four key bolts that were supposed
to keep the door plug in place were not reinstalled during the
plane’s production.
Work
Goldman Sachs is taking a $400 million hit from its failed consumer
business
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“Given this quarter, given what I’d say is a more challenging
macro environment, particularly in the month of August, that business
is trending down close to 10% largely due to FICC,” Solomon said.
Work
SpaceX has finally launched its Polaris Dawn mission for the first
private space walk
[[link removed]}&lead=419599&emailid=62434&nl=daily]
“There are launches and then there are LAUNCHES!!! Hard to describe
the blood, sweat and tears that got the Polaris Program crew to orbit
today,” Kiko Dontchev, SpaceX’s vice president overseeing
launches, wrote on X. “All focus is now on safely completing the
mission objectives, including the first ever commercial spacewalk,
before bringing the astronauts home.”
Work
Job applications are far outpacing job openings
[[link removed]}&lead=419599&emailid=62434&nl=daily]
The cooling labor market is shifting power back into employers' hands
Work
Apple and Google have to pay billions in taxes and fines, Europe's top
court rules
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Apple and Google, along with other tech giants, including Meta and
Microsoft (MSFT), have been hit with lawsuits and heightened
regulatory scrutiny both in the U.S. and abroad this year. After
losing a major antitrust battle last month, Google found itself back
in court this week to argue its case against the Department of Justice
over its dominance in the advertising market.
Work
Sony reveals much more expensive and powerful PlayStation 5 Pro
[[link removed]}&lead=419599&emailid=62434&nl=daily]
Chief among them were unsourced claims that the PS5 Pro would be
backwards compatible with games from previous Sony consoles - with
some reports suggesting this would go as far back as the original
PlayStation.
Work
GB News owner Sir Paul Marshall buys Spectator magazine for 100m
[[link removed]}&lead=419599&emailid=62434&nl=daily]
\"It is essential that the availability of a wide range of accurate
and high-quality news and perspectives can be protected, and that the
regime we have in place is equipped to keep up with changes and
development in our media landscape,\" a spokesperson for the
Department for Digital, Culture, Media and Sport said.
Work
PGA Tour Meets With Saudi Fund in Hopes of Getting Closer to Deal
[[link removed]}&lead=419599&emailid=62434&nl=daily]
No players attended the meeting, the people said, though several have
been in other meetings about the deal. A report that Tiger Woods was
New York spurred speculation about his presence, but one of the people
said that Woods was in town for a golf event supporting his
foundation.
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