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- The top 25 stories curated by editors and fellow readers!
Editor's Pick
To get what you want, try shutting up - WSJ
[[link removed]}&lead=419599&emailid=70693&nl=daily] Still, she
barrels on, giving job candidates at the hospital where she works a
full history of the building and parking logistics. She slips into a
monologue during arguments with her husband, even when there’s
nothing good left to say. She tries to determine, via a torrent of
texts, if her son is giving her the silent treatment. (Turns out he
just had a cold.)
He once sat across the negotiating table from an executive who was
convinced his company was worth far more than Hamburger wanted to pay
to acquire it. What Hamburger desperately wanted to do was explain all
the reasons behind his math. What he actually did was throw out a
number and then shut his mouth.
Continued here [[link removed]}&lead=419599&emailid=70693&nl=daily]
"With TradeBriefs, you're not just consuming information - you're
engaging in second and third-order thinking. The newsletter forces you
to think about how today's decisions and trends will unfold in ways
that aren't immediately obvious. That's a rare quality in business
content and one I greatly value."
- Sara Khan, Investment Strategist, Global Finance Partners
Work
G.O.P. Candidates, Looking to Soften Their Image, Turn to Their Wives
[[link removed]}&lead=419599&emailid=70693&nl=daily]
A spokesman for Mr. Anderson criticized The New York Times’s
decision to focus on the footage and said that “Derrick’s opponent
and every other candidate in America are in similar pictures and video
with supporters of all kinds.” The spokesman said the video simply
showed Mr. Anderson “with female supporters and their kids.”
Work
How Israels spies got blindsided by Hamas but still hit Hezbollah hard
- WSJ [[link removed]}&lead=419599&emailid=70693&nl=daily]
A year ago, Israel suffered its worst-ever intelligence failure when
Hamas launched a surprise attack, killing 1,200 people and taking
around 250 hostages. Today, a wave of strikes against Hezbollah has
Israel’s long-vaunted spies back on the front foot.
Work
Francis Ford Coppola bet more than $100 million on his legacy. Now
what? - WSJ [[link removed]}&lead=419599&emailid=70693&nl=daily]
Francis Ford Coppola was flush from The Godfather in 1973 when he
bought an architectural jewel in San Francisco’s North Beach for
$500,000. His new headquarters was a flatiron building clad in tile
and copper, with an eight-story steel frame that withstood the great
earthquake of 1906. Coppola has held on to the Sentinel Building
through a half-century of intense seismic activity in his career,
including cinematic triumphs and Hollywood debacles, bankruptcies and
windfalls—most recently, a fortune he amassed in the wine trade and
then leveraged to fund a wild big-budget movie called Megalopolis, the
85-year-old director’s first release in 13 years.
Work
Are sustainable fund managers any different? - WSJ
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Advocates of sustainable investing believe it could be the key to
lowering carbon emissions and creating a more just society, claiming
that asset managers can prod companies to do good by incorporating
environmental and social factors into their investment decisions.
Work
Mark Zuckerbergs AI vision makes Metaverse a slightly easier sell -
WSJ [[link removed]}&lead=419599&emailid=70693&nl=daily]
The chief executive of Meta Platforms kicked off the company’s
annual developers conference on Wednesday, showing off its latest
headsets that now employ a mix of virtual reality and augmented
reality technology. That has been the historic aim of the event, at
least since the company once known as Facebook spent $2 billion to
acquire VR headset maker Oculus in 2014. But the VR business mostly
has been a dud. Meta’s Reality Labs division that includes VR
generated just over $2 billion in revenue for the 12 months ended in
June—about what the company’s core advertising operation generates
every five days.
Work
Humanoid robots are the next threat from China - WSJ
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Hollywood in the 1970s and ’80s often imagined a world where
technology is so evolved it is almost human, from “Star Wars," in
which R2-D2 and C-3PO are not just tools but also friends to humans,
to “The Terminator," in which an assassin-robot is disguised as a
human. Science fiction is about to become reality.
Artificial-intelligence-enabled humanoids capable of blending
seamlessly into our world will soon be a part of everyday life.
Work
What Wall Streets women pioneers had to put up with - WSJ
[[link removed]}&lead=419599&emailid=70693&nl=daily]
“Wall Street" was still centered around actual Wall Street, a
compact area with not only the major firms—JP Morgan, Goldman Sachs,
Lehman Brothers, Merrill Lynch, Bear Stearns—but also many smaller
brokerage houses. A veritable army of female secretaries, teletypists
and data-entry clerks would pour out of the subways in the early
morning, daring to enter this male bastion in heels and skirt. Those
who started to climb the ladder usually found their foothold in the
smaller firms. They put up with a lot, none of it subtle, all of it
exacerbated by the two-martini lunch.
Work
Why silver is having a golden moment - WSJ [[link removed]}&lead=419599&emailid=70693&nl=daily]
The commodity’s price is up about 34% year to date, outpacing gold,
which keeps hitting record highs. Year to date, about $856 million has
flowed into the iShares Silver Trust, an exchange-traded fund that
owns physical silver bullion, according to FactSet. Wheaton Precious
Metals, a company that owns the rights to precious metals from mines,
including gold and silver, is up about 30% year to date.
Work
Palantirs CEO and Wall Street Annoy Each Other Straight to the Bank -
Bloomberg [[link removed]}&lead=419599&emailid=70693&nl=daily]
Alex Karp is now worth $4 billion, and his company just joined the S&P
500.
Work
The FDA is 'making sandwiches,' 'breakfast salad' in DC, and what
keeps us from choking on food
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Phare Bio describes itself as a “social venture” rather than a
drug development startup. Its plan to get antibiotics past the
“valley of death” in early stage development where most drugs fail
is to first use donor and grant funding, then turn to more traditional
commercial partnerships and company spinouts to take the drugs through
clinical development.
Work
Extreme Weather Is Taxing Utilities More Often. Can A.I. Help?
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Extreme weather has increasingly strained the grid, and it is the No.
1 cause of major power outages in the United States. In some areas of
the country, the risk of hurricane-induced power outages could become
50 percent higher in the coming decades as such storms get stronger.
Work
Who Is Hassan Nasrallah, Leader of Hezbollah?
[[link removed]}&lead=419599&emailid=70693&nl=daily]
He has long called for the liberation of Jerusalem and referred to
Israel as “the Zionist entity,” maintaining that all Jewish
immigrants should return to their countries of origin and that there
should be one Palestine with equality for Muslims, Jews and
Christians.
Work
The U.S. wants to triple nuclear power by 2050. America's coal
communities could provide a pathway
[[link removed]}&lead=419599&emailid=70693&nl=daily]
"It gets harder and harder," True previously told CNBC. "A lot of
these plants have already started the deconstruction process that goes
with decommissioning and the facility wasn't as thoroughly laid up in
a way that was intended to restart in any way."
Work
Microsoft explains how it's tackling security and privacy for Recall
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Given the near instant backlash, it's not too surprising to see
Microsoft being extra cautious with Recall's eventual rollout. The
real question is how the the company didn't foresee the initial
criticisms, which included the Recall database being easily accessible
from other local accounts. Thanks to the use of encryption and
additional security, that should no longer be an issue, but it makes
me wonder what else Microsoft missed early on.
Work
UN hostility will not trouble Netanyahu, but now he has angered the US
| Patrick Wintour
[[link removed]}&lead=419599&emailid=70693&nl=daily]
The French president, Emmanuel Macron, who had been at the heart of
the talks in New York, said the proposal had been "prepared,
negotiated with the [Israeli] prime minister and his teams, both by
the Americans and by ourselves" .
Work
Canoo hit with two supplier lawsuits as last remaining co-founder
leaves | TechCrunch
[[link removed]}&lead=419599&emailid=70693&nl=daily]
As OpenAI boasts about its o1 model’s increased thoughtfulness,
small, self-funded startup Nomi AI is building the same kind of
technology. Unlike the broad generalist ChatGPT, which slows down
to…
Work
AI dominated both YC Demo Day and startup news | TechCrunch
[[link removed]}&lead=419599&emailid=70693&nl=daily]
As OpenAI boasts about its o1 model’s increased thoughtfulness,
small, self-funded startup Nomi AI is building the same kind of
technology. Unlike the broad generalist ChatGPT, which slows down
to…
Work
Green flags for defense tech and Silicon Valley's longevity obsession
[[link removed]}&lead=419599&emailid=70693&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.
Work
Bret Taylor of Sierra joins Disrupt 2024 | TechCrunch
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Join us at Disrupt 2024, taking place at Moscone West in San Francisco
from October 28-30, as we delve into this topic with Bret, along with
a host of other insights. Register your passes today and enjoy savings
of up to $600. This offer ends tonight at 11:59 p.m. PT.
Work
Last Hours to Snag up to $600 Off Disrupt 2024 Passes | TechCrunch
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Be sure to catch the excitement of Startup Battlefield 200, a
highlight of Disrupt where 200 hand-picked pre-Series A startups
present their groundbreaking ideas to a panel of prominent VC judges.
They’ll be competing for a $100,000 equity-free prize and the
prestigious Disrupt Cup.
Work
Can this European CEO revive the American maker of Jeeps and Rams? -
WSJ [[link removed]}&lead=419599&emailid=70693&nl=daily]
Carlos Tavares, head of Jeep and Chrysler’s parent company, has made
a career of swooping in to save struggling European car brands. His
latest project is to revive U.S. sales at the company he created.
Work
The 27-year-old economic adviser for Gen Z - WSJ
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Sure, she has hundreds of thousands of social-media followers, but she
isn’t trying to sell them anything, except maybe a book about the
economy she published earlier this year. She’s happy with the title
“author," though that only covers part of what she does. “Economic
commentator" is what San Francisco Federal Reserve President Mary Daly
recommended, so that’s what Scanlon has been calling herself.
Work
Trump Suggests Putin Wants to End War, as Zelensky Looks On
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Mr. Zelensky is in a difficult position with Mr. Trump. He knows Mr.
Trump has a solid chance of winning in November, and that if he does,
he will immediately face a decision over how much support to give to
Ukraine and what posture the United States will take in the conflict.
Earlier this week, Mr. Zelensky made mildly critical comments about
Mr. Trump that almost scuttled their meeting.
Work
U.S. Charges Iranians With Hacking Trump Campaign
[[link removed]}&lead=419599&emailid=70693&nl=daily]
The influence campaign described in the indictment suggests that
Iran’s cyberskills and ambitions have expanded sharply in recent
years, learning from techniques that Russia and China have mastered.
It suggests rapid progress over the past 15 years, when Iran created
its first “cybercorps,” partly in response to a successful
American-Israeli breach into its nuclear production facility at
Natanz, destroying hundreds of the country’s nuclear centrifuges.
Work
Israel's New Campaign Against Hezbollah Started With Raid in Syria
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Hezbollah began attacking northern Israel soon after Oct. 7, and the
two sides have been exchanging fire ever since. Then on Sept. 17,
about a week after the raid, thousands of pagers carried by Hezbollah
members exploded across Lebanon. The next day, hundreds of
walkie-talkies used by the militants detonated. Israel has neither
confirmed nor denied a role in the attacks, which killed dozens of
people and injured more than 3,000.
Work
America's partisan divide on EVs has caught car CEOs off guard
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Trump has also repeatedly voiced an oil-lobby claim that recent
Environmental Protection Agency rules that favor EVs are a
“mandate” that bans gas-powered cars. If he is elected to a second
term in the White House, Trump has promised to freeze the benefits of
the IRA, including EV tax credits, something his ally and Tesla CEO
Elon Musk thinks his company would benefit from.
Work
WeightWatchers is struggling in the weight loss drug era -- and now
the CEO is out
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Media mogul Oprah Winfrey, who has acknowledged taking weight loss
drugs, left her spot on the WeightWatchers board earlier this year.
She had been a member of the board since 2015. At the time, Winfrey
said she was donating all her WeightWatchers shares to the National
Museum of African American History and Culture.
Work
Food or fright? Uber Eats is teaming up with Spirit Halloween to
deliver decorations
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Spirit Halloween said in July that it planned to open 1,525 locations
across the United States over the summer. The seasonal retailer joins
a growing number of U.S. stores, including Party City and Lowe’s
(LOW), to use Uber’s platforms to advertise their merchandise to
customers.
Work
Tesla union calls out a 'culture of fear' at a plant where managers
visit the homes of workers out sick
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Historically Musk has been unsympathetic to workers that don’t meet
his standards. After buying Twitter, now called X, Musk issued mass
firings and demanded workers be “extremely hardcore,” before
cracking down on striking janitorial staff. Tesla laid off thousands
of workers earlier this year, with Musk demanding executives fire
employees who didn’t meet his standards.
Work
Engadget Podcast: PS5 Pro hands-on and Meta's wild Orion AR glasses
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Listen below or subscribe on your podcast app of choice. If you've got
suggestions or topics you'd like covered on the show, be sure to email
us or drop a note in the comments! And be sure to check out our other
podcast, Engadget News!
Work
Biden Officials Stave Off Sticker Shock on Medicare Drug Premiums
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Republicans have sharply criticized the administration’s offset
plan, known as a demonstration, since it was announced in July,
calling it a nakedly political ploy meant to sway votes and saying it
would offer only temporary relief to older people.
Work
Top Bidder for Citgo Is Elliott Management, Court Master Says
[[link removed]}&lead=419599&emailid=70693&nl=daily]
They include the defunct Canadian gold miner Crystallex and
ConocoPhillips, one of the largest U.S. oil and gas producers. All
told, foreign companies are seeking compensation for more than $21
billion in debts, according to court records.
Work
Hot Microphones and No Audience: Here Are the Rules for the V.P.
Debate
[[link removed]}&lead=419599&emailid=70693&nl=daily]
The candidates will be given two minutes to answer a moderator’s
question, with their rival then granted two minutes to respond.
“Then, each candidate gets one minute for further rebuttals,” the
rules state. “At the discretion of the moderators, candidates may
get an additional minute each to continue a discussion.”
Work
Deal to Reopen Libya's Central Bank Eases Fears of Renewed Conflict
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Libya has been mired in political deadlock, chaos and violence since
2011, when rebels overthrew the country’s longtime dictator, Col.
Muammar al-Qaddafi, during the Arab Spring protests. In recent years,
the country has been split between rival parallel governments in its
east and west, a division that led to an all-out civil war until 2020.
Work
The Big Apple Business View on Eric Adams
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Privately, executives suggest that Adams could stay put for now. The
local economy is holding up, despite ongoing concerns about
homelessness, crime and other quality-of-life issues. Some suggested
that so long as the state’s top Democratic leaders don’t pressure
him to go, the mayor has time to fight.
Work
Lloyd Macklowe, Leading Purveyor of Art Nouveau, Is Dead at 90
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Mr. Macklowe was selling print advertising for New York area
businesses, including the Universal Folding Box Company, and his wife
was teaching at P.S. 158, an elementary school on the Upper East Side,
when, shortly after marrying in 1964, they sought to furnish their
apartment by perusing offerings for secondhand merchandise advertised
in The New York Times.
Work
Mark Zuckerberg Is Done With Politics
[[link removed]}&lead=419599&emailid=70693&nl=daily]
As recently as June at the Allen and Company conference — the
“summer camp for billionaires” in Sun Valley, Idaho — Mr.
Zuckerberg complained to multiple people about the blowback to Meta
that came from the more politically touchy aspects of his
philanthropic efforts. And he regretted hiring employees at his
philanthropy who tried to push him further to the left on some causes.
Work
Titan Sub Tragedy: Coast Guard Hearings Reveal New Insights
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Phil Brooks, who became the company’s engineering leader in 2021,
said OceanGate’s financial woes contributed to his decision to leave
the company just months before the Titan and its crew were lost.
“The company was economically very stressed,” he testified. As a
result, he added, safety was “being compromised.”
Work
How Google Defended Itself in the Ad Tech Antitrust Trial
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Below are 15 major cases brought by the Justice Department and Federal
Trade Commission since late 2020, as President Biden’s top antitrust
enforcers have promised to sue monopolies and block big mergers.
Work
Possible Cluster of Human Bird-Flu Infections Expands in Missouri
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Investigators have not yet confirmed whether any of those seven
individuals were infected with the virus, called H5N1, leaving open
the possibility that they had Covid or some other illness with flulike
symptoms.
Work
Risk of Heart Defects Higher in Babies Conceived With I.V.F.
[[link removed]}&lead=419599&emailid=70693&nl=daily]
The risk of heart defects didn’t change based on whether the parents
underwent I.C.S.I., a procedure in which sperm is injected into an
egg, or I.V.F., which allows the sperm to penetrate the egg naturally
in a lab dish.
Work
A Remote Alaskan Island Is on High Alert for a Rat
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Her team looked for signs of a rat, like droppings and chew marks, and
aimed flashlights at dark corners. It deployed traps loaded with
peanut butter and field cameras. It also called in what Dr. Divine
described as a “rat strike team,” which includes various federal
agencies who assist in case an invasive species makes it to the
island.
Work
OpenAI sees roughly $5 billion loss this year on $3.7 billion in
revenue
[[link removed]}&lead=419599&emailid=70693&nl=daily]
The Times, citing an analysis by a financial professional who reviewed
OpenAI's documents, reported that the roughly $5 billion in loses this
year are tied to costs for running its services as well as employee
salaries and office rent. The costs don't include equity-based
compensation, "among several large expenses not fully explained in the
documents," the paper said.
Work
EchoStar nears deal to sell Dish to DirecTV with $2 billion debt
payment looming, sources say
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Most recently, DirecTV was in a distribution fight with Disney, which
saw networks including ESPN go dark for nearly two weeks for the
satellite TV company's customers. The two companies reached a deal
that gives DirecTV the ability to offer skinnier, genre-specific
bundles.
Work
Trump calls for prosecution of Google over search results he says
favor Harris
[[link removed]}&lead=419599&emailid=70693&nl=daily]
"Queries about the presidential election or candidates generally
surface links to constantly changing news articles reflecting what's
on the web â so they change all the time," the spokesperson said. "We
absolutely do not manipulate search results to favor any candidate."'
Work
Trump Media stock closes up 5% in heavy trading after co-founders dump
DJT shares
[[link removed]}&lead=419599&emailid=70693&nl=daily]
Despite the recent uptick, as of Friday's close the stock was down
77.76% overall since Trump Media made its market debut on the Nasdaq
in late March after a merger with a special purpose acquisition
company. As of Friday's close, Trump Media had a market capitalization
of $2.954 billion.
Work
U.S. charges three Iranian nationals in Trump campaign hack
[[link removed]}&lead=419599&emailid=70693&nl=daily]
U.S. intelligence officials said Monday that those foreign
interference efforts include using artificial intelligence to spread
disinformation and manipulate public opinion, NBC News reported.
Work
Top Eric Adams advisor has phone seized, home searched as NYC mayor
pleads not guilty
[[link removed]}&lead=419599&emailid=70693&nl=daily]
He has vowed to fight the case, even as an increasing number of New
York politicians call for his resignation and as Gov. Kathy Hochul, a
fellow Democrat, weighs whether to force him from office by invoking a
never-before-used provision of the city's charter.
Work
Key Fed inflation gauge at 2.2% in August, lower than expected
[[link removed]}&lead=419599&emailid=70693&nl=daily]
In recent days, Fed officials have switched their focus from inflation
fighting to an emphasis on supporting a labor market that has shown
some signs of softening. At their meeting last week, policymakers
indicated a likelihood of another half percentage point in cuts this
year then a full point in reductions for 2025, though markets expect a
more aggressive path.
Work
Why analysts are calling Cava the next Chipotle
[[link removed]}&lead=419599&emailid=70693&nl=daily]
"No one had been able to kind of transform the Mexican category into a
national chain, and Chipotle did that, said Setyan. "Cava is doing the
same thing with the Mediterranean cuisine and concept."Â
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