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Subject For His Second Act, the Founder of This $30M Business Swapped CEO Duties for Country Singer Stardom - Inc.com (No paywall) - Sep 21, 2024
Date September 21, 2024 1:44 AM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

Rooting for Them - Vulture (No paywall)

Ben Affleck and Jennifer Lopez are keeping unapologetic, ostentatious
celebrity romance alive.

Continued here [[link removed]}&lead=419599&emailid=67339&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

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For His Second Act, the Founder of This $30M Business Swapped CEO
Duties for Country Singer Stardom - Inc.com (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Welcome to Out of Office, a recurring series which explores the
extracurricular activities of entrepreneurs -- from passion projects
to full-blown side gigs -- and why what they do in their downtime
helps them level up as business leaders.

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The most surprising new gun owners are US liberals | Mint - WSJ (No
paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
But this summer, the liquor store clerk in Iowa City, Iowa, for the
first time in his life bought a gun. Apprehension about street crime,
armed right-wing extremists, and “whatever else the world could
possibly throw at us,” drove his decision.















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Three Mile Island's nuclear plant to reopen, help power Microsoft's AI
centers - WSJ (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
A deal between Constellation Energy and Microsoft will restart
Pennsylvania’s Three Mile Island, the site of the country’s worst
nuclear accident, to help power the tech giant’s growing artificial
intelligence ambitions.

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Trump hitches his campaign to the crypto crowd - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Donald Trump this week pivoted to embrace a niche constituency that
few would have expected him to champion—cryptocurrencies and the
deep-pocketed investors who have made them their domain.














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Israel scored stunning blow against Hezbollah. Its path to victory is
less clear - WSJ (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
TEL AVIV—In a long history of audacious operations, exploding pagers
and walkie-talkies across Lebanon was one of Israel’s boldest feats,
delivering a stunning tactical success that threw the militant group
Hezbollah into disarray and which could help restore the deterrence
Israel lost on Oct. 7.

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Low-slung data centers look to the sky - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Data centers’ squat, industrial aesthetic is getting a vertical and
visual upgrade, driven by artificial intelligence-fueled demands for
computing power, as well as geographic necessity.














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The price war in weight-loss drugs is here - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Eli Lilly and Novo Nordisk, the pharmaceutical heavyweights selling
the popular injections, are each dangling discounts to gain an edge
and to induce health plans to pay up. The concessions are slashing as
much as half off the price tags of the $1,000-plus-a-month medicines.

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How the world's poor stopped catching up - The Economist (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SINCE THE Industrial Revolution, rich countries have mostly grown
faster than poor ones. The two decades after around 1995 were an
astonishing exception. During this period gaps in GDP narrowed,
extreme poverty plummeted and global public health and education
improved vastly, with a big fall in malaria deaths and infant
mortality and a rise in school enrolment. Globalisation’s critics
will tell you that capitalism’s excesses and the global financial
crisis should define this era. They are wrong. It was defined by its
miracles.














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Philippine Tycoon Andrew Tan To Invest $700 Million In Boracay, Cebu
Casino Projects - Forbes (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
Alliance Global—controlled by spirits and property billionaire
Andrew Tan—will spend about $700 million in its casino projects in
the central Philippine islands of Boracay and Cebu, two of the
country’s popular tourist destinations, to tap into the
post-pandemic travel boom.

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Q&A: How scientists aim to kill cancers by starving them - STAT (No
paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
Like all living things, cancer cells need to eat, and scientists have
long tried to figure out how to starve tumors to death. A lot of that
effort has focused on stifling the cells’ ability to digest glucose,
a simple sugar thought to be the main food source for cancer.














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How the Next Generation of Managers Is Using Gen AI - Harvard Business
Review (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
Only 15% of managers consistently use gen AI, but 40% of business
graduate students do. These managers and leaders of the near future
will soon enter a workforce that is underprepared for them and poorly
designed for them to put their abilities to use. This article explores
how organizations should respond. Companies should learn to become a
magnet for gen AI-savvy talent, and discover how to best onboard,
engage, integrate, and retain the next generation of AI-capable
managers.

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A Failed Star can Form Brown Dwarf Stars, Which Host Their Own
Planetary Systems - Discover Magazine (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
As of today, more than 5600 exoplanets, planets that are
gravitationally bound to stars other than our sun, have been
discovered. Within that catalog exists a vast array of planetary
classes – small rocky worlds like our own, ocean worlds completely
covered in liquid water, and gas giants that dwarf even Jupiter, among
many others.














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Antarctica's 'doomsday' glacier is heading for catastrophic collapse -
New Scientist (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
Often dubbed the “doomsday glacier”, this huge mass of ice is
comparable in size to Britain or Florida and its collapse alone would
raise sea levels by 65 centimetres. Worse still, this is expected to
trigger a more widespread loss of the ice sheet covering West
Antarctica, causing a calamitous sea level rise of 3.3 metres and
threatening cities like New York, Kolkata and Shanghai.

Work

The Last Stand of the Rural Democrats - The New Yorker (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
A summer heat wave had once again sped up the harvest in the Golden
Triangle, a mostly flat, fertile pocket of land in Montana’s
northern plains. In early August, Jon Tester, the state’s third-term
senator, was home, at the end of a long unpaved road, tending to his
wheat. Tester calls himself the only “working dirt farmer” in the
Senate, and despite his critics’ belief that this is mostly
performance, he does, in fact, continue to till the soil near the town
of Big Sandy, where he has lived his entire life—and which his
grandparents settled in following the Homestead Act of 1862, a
giveaway of Indigenous land. Tester and his wife, Sharla, had recently
bought some additional acres from their neighbors, Verlin and Patty
Reichelt. “I just talked to him this morning next to his tractor,”
Verlin told me. The Reichelts are recently retired wheat farmers and,
like the Testers, part of a vanishing clan of rural Democrats.














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Democracy Defenders [[link removed]}&lead=419599&emailid=67339&nl=daily]
11 people working to boost voter participation, reverse
disenfranchisement, and combat misinformation

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How Jewish voters could affect Donald Trump in swing states
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Donald Trump suggested on Thursday that Jewish people would share a
significant amount of blame if he loses the 2024 election, a comment
that could end up harming the Republican in the close presidential
race.













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A Fungus Decimated American Bats. Now Scientists Are Fighting Back.
[[link removed]}&lead=419599&emailid=67339&nl=daily]
But a decade later, her grief has turned into hope. Dr. Auteri and
other researchers have made some crucial insights about how white-nose
syndrome kills bats, and that knowledge has inspired a campaign to
stop the mass death. Now, scientists are attacking the fungus and
finding ways to help bats survive infections.

Work

UAE hoping to expand $1 trillion partnership with U.S. through AI,
Investment
[[link removed]}&lead=419599&emailid=67339&nl=daily]
The meeting of the two leaders also comes as the ongoing conflict in
Gaza continues to cause a major humanitarian crisis and upend regional
stability. The latest wave of Israeli attacks against Hezbollah
targets in Lebanon and news that Iran is helping the Houthi rebels in
Yemen to target and down U.S. Reaper drones has added to complications
over a cease-fire, ahead of the anniversary of the Oct. 7 attack on
Israel and the upcoming American election on Nov. 5.

Work

Who Is Ibrahim Aqeel, the Hezbollah Commander Targeted by Israel?
[[link removed]}&lead=419599&emailid=67339&nl=daily]
U.S. officials wanted Mr. Aqeel for his role in two bombing attacks in
1983 that killed more than 350 people at the U.S. Embassy in Beirut
and the U.S. Marine Corps barracks, many of them American citizens,
according to the State Department.

Work

Israel's Attacks on Hezbollah Intensify but Stop Short of All-Out War
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Israel has sabotaged Hezbollah’s communications devices, blowing up
hundreds, if not thousands, of them in a widespread cyberattack. Its
fighter jets have pounded southern Lebanon with rare intensity. And on
Friday afternoon, they struck Beirut, the Lebanese capital, for the
first time since July — killing a senior Hezbollah military
commander, according to Israeli officials, and collapsing two
buildings, according to Lebanese officials.

Work

Opinion | The Trump Guide to Civil Discourse
[[link removed]}&lead=419599&emailid=67339&nl=daily]
“Look,” his running mate, JD Vance, said on Monday, “we can
disagree with one another, we can debate one another, but we cannot
tell the American people that one candidate is a fascist and if he’s
elected, it is going to be the end of American democracy.” (It
should be noted that Vance has said repeatedly that he would have
helped the former president in his attempt to overturn the results of
the 2020 election.)

Work

FTC sues big 3 PBMs for 'artificially inflated' insulin prices caused
by 'perverse' rebating
[[link removed]}&lead=419599&emailid=67339&nl=daily]
“Millions of Americans with diabetes need insulin to survive, yet
for many of these vulnerable patients, their insulin drug costs have
skyrocketed over the past decade thanks in part to powerful pharmacy
benefit managers and their greed,” said Rahul Rao, deputy director
of the FTC’s Bureau of Competition, in a statement.

Work

Big returns before Fed rate cut doesn't mean stocks can't keep rising,
history shows
[[link removed]}&lead=419599&emailid=67339&nl=daily]
"Concerns that equities have 'front-run' the Fed are ill founded, in
our view," Bank of America strategist Savita Subramanian said.

Work

Theater chains will spend $2.2 billlion to lure you back to the movies
[[link removed]}&lead=419599&emailid=67339&nl=daily]
The biggest theater chains in the US and Canada are upgrading their
technology and adding attractions like arcades, bowling alleys and
ziplines in hopes of enticing more people to go to the movies,
according to Variety.

Work

A fear of dissent haunts the Federal Reserve - WSJ (No paywall)
[[link removed]}&lead=419599&emailid=67339&nl=daily]
This week’s Federal Open Market Committee meeting is notable for two
things. America’s central bank is shifting into monetary-easing mode
amid considerable uncertainty about the true state of the economy,
prospects for inflation and even the mechanisms by which Federal
Reserve policy affects Main Street. And despite all these complex
unknowns, almost everyone on the committee agrees.

Work

Hezbollah hunts for security gaps, moles as it reels from brutal week
- WSJ (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
Hezbollah was scrambling Friday to recover from a week of blows
delivered by Israel, including an unusually heavy series of airstrikes
across southern Lebanon and attacks that caused electronic devices
carried by thousands of the militant group’s members to explode
virtually simultaneously across the country.

Work

Americans are desperate for relief. The rate cut is a glimmer of hope.
- WSJ (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
The Federal Reserve’s interest-rate cut on Wednesday will take time
to work its way through the American economy. And not everyone will
feel its effects right away. But for some, the move will amount to a
big change—or at least the start of one—and those changes will add
up.

Work

Rupert Murdoch's REA group ups offer for Rightmove to 5.9bn
[[link removed]}&lead=419599&emailid=67339&nl=daily]
The company is worth A$26bn and News Corp's overall digital
real-estate services division, which includes operations in the US,
accounted for a third of total global profits of $1.5bn in the year to
the end of June. The Financial Times first reported the news of an
increased offer for Rightmove by REA.

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Cat lost in Yellowstone travels 800 miles to reunite with owners after
two months
[[link removed]}&lead=419599&emailid=67339&nl=daily]
An estimated 10m dogs and cats are lost or stolen in the US every
year, according to the American Veterinary Medical Association. Only
one in 50 cats in shelters return to their owners, but with a
microchip, nearly two out of five are reunited with their families.

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Adam Neumann's startup Flow opens co-living community in Saudi Arabia
| TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SpaceX sent a letter to top congressional leaders on Wednesday denying
allegations that it violated its launch licenses on two separate
occasions last year, which has resulted in regulators seeking…

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The 25 battery tech startups that just got a piece of $3B in federal
funds | TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
The loans and grants will go to companies working across the battery
supply chain, from critical mineral extraction to production of
cathode and anode materials, from electrolyte salt production to
battery recycling. 

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M&As and AI are in the spotlight, but there's still capital left for
quick commerce and more | TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SpaceX sent a letter to top congressional leaders on Wednesday denying
allegations that it violated its launch licenses on two separate
occasions last year, which has resulted in regulators seeking…

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Last Day to Apply: Boost your brand at Disrupt 2024 | Techcrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SpaceX sent a letter to top congressional leaders on Wednesday denying
allegations that it violated its launch licenses on two separate
occasions last year, which has resulted in regulators seeking…

Work

A comprehensive list of 2024 tech layoffs | TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SpaceX sent a letter to top congressional leaders on Wednesday denying
allegations that it violated its launch licenses on two separate
occasions last year, which has resulted in regulators seeking…

Work

'Super weird' is the best way to describe this startup's pivot
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Subscribe to us on Apple Podcasts, Overcast, Spotify and all the
casts. 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.

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Learn how to hire in 2025 at Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Join these distinguished leaders speaking on the Builders Stage to
gain invaluable insights into hiring and retaining top talent in 2025.
This panel is a must-attend for founders looking to gain a competitive
edge in the evolving startup landscape. Get your tickets now to save
up to $600 during Reboot Week, and be a part of the conversation
shaping the future of talent acquisition. 

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Disrupt 2024's last sale week has begun | TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SpaceX sent a letter to top congressional leaders on Wednesday denying
allegations that it violated its launch licenses on two separate
occasions last year, which has resulted in regulators seeking…

Work

She sat down during the COVID lockdown and started coding -- now she's
taking on Bolt | TechCrunch
[[link removed]}&lead=419599&emailid=67339&nl=daily]
SpaceX sent a letter to top congressional leaders on Wednesday denying
allegations that it violated its launch licenses on two separate
occasions last year, which has resulted in regulators seeking…

Work

A millennial FIRE couple shares how moving abroad and living on a $50k
income helped them quadruple their net worth to $700k in 6 years
[[link removed]}&lead=419599&emailid=67339&nl=daily]
To be sure, finding a job — forget about one's dream job — is
easier said than done in today's economy. Many Americans are having a
harder time finding work as companies pull back on hiring.

Work

Suze Orman Says Keep Your Car For '15 Years Or Longer' Instead Of
Leasing A New One Every 3 Years Just To Impress Strangers
[[link removed]}&lead=419599&emailid=67339&nl=daily]
As vehicle costs continue to rise and economic uncertainties persist,
Orman’s approach to car ownership may become increasingly appealing
to consumers looking to maximize their automotive investments while
minimizing long-term expenses. By avoiding the cycle of frequent
upgrades and high monthly payments, consumers can potentially save
thousands of dollars over the life of their vehicles.

Work

Boeing 'In A Death Spiral Of Their Own Making' According To A
Consultant As 'Employees Already Have A Dim View Of Management'
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Elon Musk and Jeff Bezos are bullish on one city that could dethrone
New York and become the new financial capital of the US. Investing in
its booming real estate market has never been more accessible.

Work

Cures for Sickle Cell Disease Arrive After a Painful Journey -
Scientific American (No paywall) [[link removed]}&lead=419599&emailid=67339&nl=daily]
Nathan Wood is 15, lanky and tall. He longs to play basketball; he
lives in Yonkers, just outside New York City, and his high school and
city parks provide plenty of opportunity for shooting hoops. But his
body won’t allow it. Nathan was born with sickle cell disease, an
inherited condition that makes round red blood cells collapse into
sticky crescents. The distorted cells clump inside blood vessels,
depriving tissues of oxygen and inflicting excruciating pain. Exercise
or stress or even just changes in routine can trigger a crisis, so
Nathan’s mother, Melissa Wood, has often home­schooled him and
drives him everywhere—a rare thing in New York, where kids prize
their independence.

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America's looming election crisis, explained in 3 charts
[[link removed]}&lead=419599&emailid=67339&nl=daily]
The US presidential campaign is in its final weeks and we’re
dedicated to helping you understand the stakes. In this election
cycle, it’s more important than ever to provide context beyond the
headlines, but in-depth reporting is costly. To continue this vital
work, we have an ambitious goal to add 5,000 new members.

Work

Environmentalists Fear Subsidies for Carbon Capture Won't Be Checked
[[link removed]}&lead=419599&emailid=67339&nl=daily]
The Treasury Department, which oversees the I.R.S., estimates the
subsidies will cost the federal government more than $36 billion in
revenue over 10 years. That is nearly as much as the cost of the tax
program that allows some Americans to claim tax credits for their
child-care expenses.

Work

Trump's Suggestion That Jews Could Cost Him Race Creates Fear of
Antisemitic Reprisal
[[link removed]}&lead=419599&emailid=67339&nl=daily]
“Pre-emptively blaming American Jews for your potential election
loss does zero to help American Jews,” Jonathan Greenblatt, the
chief executive officer of the Anti-Defamation League, a Jewish-led
human rights group, said on Friday in response to Mr. Trump. “It
increases their sense of alienation in a moment of vulnerability when
right-wing extremists and left-wing anti-Zionists continually demonize
and slander Jews. Let’s be clear, this speech likely will spark more
hostility and further inflame an already bad situation. ”

Work

A G.O.P.-Linked Group's Contradictory Ads Cast Harris as Friend and
Foe of Israel
[[link removed]}&lead=419599&emailid=67339&nl=daily]
Many Jewish Americans hold complex views about the war, which followed
the Hamas-led attack on Israel on Oct. 7 and has resulted in tens of
thousands of deaths in Gaza. But some have been troubled by what they
see as disproportionate criticism of Israel on the left — and the
Pennsylvania ad seems designed to play on those concerns.

Work

In Jan. 6 Case Filing, Trump Lawyers Again Demand Dismissal
[[link removed]}&lead=419599&emailid=67339&nl=daily]
And yet, as they have done in other cases Mr. Trump is facing, the
lawyers sought to repurpose the filing to their client’s own ends,
employing the same type of combativeness expressed by Mr. Trump in
discussing the charges against him.

Work

Georgia Election Board Orders Hand-Counting of Ballots
[[link removed]}&lead=419599&emailid=67339&nl=daily]
To start hand-counting on election night, poll workers would likely
have to break open the seals on boxes of completed ballots, possibly
exposing the ballots to fraud or loss. In previous elections, ballots
remain sealed and stored securely unless a recount was ordered.

Work

Nike is changing CEOs -- but analysts don't see a quick fix
[[link removed]}&lead=419599&emailid=67339&nl=daily]
As Hill steps into his new role on October 14, the stakes are high.
Investors and analysts alike are closely watching to see if this
leadership change can usher in the transformative strategies that Nike
needs to regain its competitive edge. While the potential for
turnaround exists, the road ahead will require careful navigation.

Work

Novo Nordisk's experimental weight loss pill has some concerning side
effects
[[link removed]}&lead=419599&emailid=67339&nl=daily]
“The phase 2a results indicate the weight-lowering potential of
monlunabant and that further work is needed to determine the optimal
dosing to balance safety and efficacy,” said Martin Holst Lange,
executive vice president and head of development at Novo Nordisk, in a
statement. “Obesity is a complex disease with a significant unmet
need, and as an oral small molecule having a new mechanism of action,
monlunabant is one of the novel projects in our pipeline with the
potential of treating obesity.”

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