From TradeBriefs <[email protected]>
Subject How some restaurants are staying out of the deep discounting game - WSJ - Oct 12, 2024
Date October 12, 2024 1:17 PM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

What Was It Like to Party With P. Diddy? - Vulture

A decade of details from Diddy, his celebrity guests, and the media.

Continued here [[link removed]}&lead=419599&emailid=77625&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

Work

How some restaurants are staying out of the deep discounting game -
WSJ [[link removed]}&lead=419599&emailid=77625&nl=daily]
While many restaurants have rolled out substantial discounts and deals
to attract inflation-weary consumers, some are trying a different
strategy: introducing carefully sculpted offers to keep business
flowing without training consumers to expect to regularly pay less.

Work

Has the Presidential Election Become a Game of Random Chance? - The
New Yorker [[link removed]}&lead=419599&emailid=77625&nl=daily]
I hardly ever play poker anymore, but I do spend an unhealthy amount
of time watching instructional videos about the game. On some primal
level, watching coaches go through each step of the thought process
scratches an incurable itch; on a more intellectual level, theres been
a great deal of change in strategy throughout the past twenty years
and, in the same way another dad might scan the new-releases playlist
on Spotify, I want to keep up. Back in the early aughts, during the
height of the poker boom, the secrets of the game were both
doctrinaire and vague. You were told to be tight and aggressive, not
loose and passive, but there wasnt a set of instructions that
corresponded with either. Today, after the introduction of whats
broadly known as game-theory optimal play, or G.T.O., a portion of
what you do at a poker table has been solved. Forgive the jargon, but
if youre dealt an ace and a queena strong starting handin the big
blind, and face a mid-position open, the best strategy, according to
G.T.O. poker, is to three-bet x percentage of the time and just call
the other times. What this means is that you can call or raise and
both options are correct, as long as, over time, theyre in line with a
rolling calculation of percentages. As a result, theres a Zen to the
modern poker strategy, which may be why I often watch these videos
late at night when I cant sleep. I especially appreciate the
commentary of Phil Galfond, a personable former professional poker
player, who now makes videos in which he says things like In this
spot, you can fold sometimes, call sometimes, and raise sometimes, and
its probably fine.















Work

Tesla shares fall after Elon Musks glitzy Cybercab event disappoints -
FT [[link removed]}&lead=419599&emailid=77625&nl=daily]
Stock drops 9% as investors bemoan underwhelming lack of detail about
planned autonomous fleet

Work

In stark reversal, FDA to reconsider removal of Eli Lilly weight loss
drug from shortage list - STAT [[link removed]}&lead=419599&emailid=77625&nl=daily]
The Food and Drug Administration on Friday said it would reconsider
its decision to remove Eli Lillys tirzepatide, sold as Mounjaro for
diabetes and Zepbound for obesity, from its shortage list, and, for
the time being, would not pursue regulatory action against certain
compounding pharmacies making copies of the drugs.














Work

How Companies Can Use LLM-Powered Search to Create Value - Harvard
Business Review [[link removed]}&lead=419599&emailid=77625&nl=daily]
Soon, searching through links may be replaced by conversational
interfaces that will allow users to refine queries and deepen their
understanding through follow-up questions and audio, video, and images
are all part of this new search and retrieval paradigm. Consider how
those powerful capabilities might translate across your business:
chat-based tools that allow employees to easily query policy
documents, conduct quick Q&As with the organizations latest sales
data, or have meaningful conversations with all manner of
institutional knowledge. To implement this technology effectively,
organizations should consider following several steps: 1) clearly
define use cases, 2) establish intake processes that consider risk as
well as value, 3) invest in practices surrounding data collection,
testing and validation so you have effective ground truth, 4)
incorporate standardized testing practices, 5) establish monitoring
capabilities, and 6) roll out training, awareness, and communication
campaigns.

Work

Judge Chutkan Rejects Push to Reveal More of Jack Smith's Evidence
[[link removed]}&lead=419599&emailid=77625&nl=daily]
U.S. District Judge Tanya Chutkan denied Friday a press coalition
motion to unseal additional aspects of special counsel Jack Smith's
immunity filing in the case involving former President Donald Trump.














Work

What to Do If You Wake Up Tired Every Day
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Unrefreshing sleep, also known as non-restorative sleep, is exactly
what it sounds like: sleep that doesnt recharge the body and brain
enough to help you feel well-rested. People who experience it feel
just as tired as they were before they went to sleep, says Thomas
Roth, founder of the Sleep Disorders and Research Center at Henry Ford
Health in Michigan.

Work

Dirt Reveals a New Arrival Time for Early Humans in Southeast Asia -
Discover Magazine [[link removed]}&lead=419599&emailid=77625&nl=daily]
A technique called microstratigraphy pushes that concept to the limit.
It allows archeologists to detect miniscule traces of human and animal
presence that conventional excavation techniques may have missed.














Work

Stool test could provide a simpler way to diagnose endometriosis - New
Scientist [[link removed]}&lead=419599&emailid=77625&nl=daily]
Affecting nearly 200 million people worldwide, endometriosis occurs
when the tissue lining the uterus grows in other parts of the
reproductive tract. There is no known cure, but lesions can be
periodically removed through surgical procedures once the condition
has been diagnosed. However, due in large part to a lack of awareness
and understanding, it currently takes an average of more than six
years for endometriosis to be diagnosed.

Work

Google is preparing to let you run Linux apps on Android, just like
Chrome OS
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Although a lot of work can be done in a web browser these days, some
tasks still require installing apps that aren’t available on Chrome
OS, which is why Google lets you install Linux apps on your
Chromebook. While there are ways to run some Linux apps on Android
devices, all of those methods have some limitations and aren’t
officially supported by Google. Fortunately, though, Google is finally
working on an official way to run Linux apps on Android.














Work

Build Systems, Not Heroes
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Enterprise programming is the management of system complexity. The
main goals of most enterprise projects are to minimize bugs, ensure
scalability, and release as soon as possible. These goals are
unreachable in projects where people rely on individual skills rather
than on a system-based approach.

Work

These beaches are among LA's favourites. But they're fake
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Today, Santa Monica Beach is one of the most iconic in the world,
stretching more than three miles (4.8km) with 245 acres (1sq km) of
sand. In 2023, 4.6 million people visited Santa Monica alone. But it
wasn't always like that – those golden beaches were once a rocky,
wild coastline, until city officials decided to take matters into
their own hands.














Work

How Long Til Were All on Ozempic?Asterisk
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Obesity medication has something of a troubled past. Fen-phen, a
weight-loss drug combination popular in the 1990s, was pulled after it
was found to cause heart valve problems. Sibutramine, sold under the
brand name Meridia, was prescribed until it was discovered to lead to
adverse cardiovascular events including strokes in 2010.  

Work

Dario Amodei Machines of Loving Grace
[[link removed]}&lead=419599&emailid=77625&nl=daily]
I think and talk a lot about the risks of powerful AI. The company
I’m the CEO of, Anthropic, does a lot of research on how to reduce
these risks. Because of this, people sometimes draw the conclusion
that I’m a pessimist or “doomer” who thinks AI will be mostly
bad or dangerous. I don’t think that at all. In fact, one of my main
reasons for focusing on risks is that they’re the only thing
standing between us and what I see as a fundamentally positive future.
I think that most people are underestimating just how radical the
upside of AI could be, just as I think most people are underestimating
how bad the risks could be.














Work

Archaeologists found an ancient Egyptian observatory
[[link removed]}&lead=419599&emailid=77625&nl=daily]
A few years ago, Egyptian archaeologists discovered what they thought
were the ruins of an ancient Egyptian temple dating back to the sixth
century BCE. Subsequent finds at the site indicate that the structure
was actually an astronomical observatory, deemed the first and largest
such structure yet found, according to Egypt's Ministry of Tourism and
Antiquities.

Work

Drinking alcohol reduces the body's natural GLP-1 activity
[[link removed]}&lead=419599&emailid=77625&nl=daily]
We are hiring for a full-time position, a Strategic Associate, doing
research, grant writing, support, and various projects. This could be
a very exciting job for some interested in and ambitious about public
health impact. Job description is here. Please pass it along to anyone
you think is great!













Work

Malicious packages in open-source repositories are surging
[[link removed]}&lead=419599&emailid=77625&nl=daily]
The cybersecurity firm found that the number of malicious packages
intentionally uploaded into open-source repositories has jumped by
more than 150% compared to last year. Open-source software, a
transparent development process where almost anyone can contribute to
the code and components, is the bedrock of the digital age that can be
found in most modern digital technologies.

Work

"Our Employees Are Not Children" - Spotify Will Keep Remote Working
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Giant streaming platform Spotify has bucked the trend of tech
companies mandating a return to the office, maintaining its flexible
remote work policy. The company believes that treating employees like
adults is essential for fostering a productive and innovative work
environment.

Work

Romesh Ranganathan reveals reason he considered taking his own life
[[link removed]}&lead=419599&emailid=77625&nl=daily]
The 46-year-old challenged himself to run the Marathon in aid of
mental health charity CALM (Campaign Against Living Miserably) last
year after becoming a patron, and is doing so again this year.

Work

Hedged-Up Wall Street Traders Still Haunted by August Meltdown -
Bloomberg [[link removed]}&lead=419599&emailid=77625&nl=daily]
Cross-asset volatility metrics hover around year-to-date highs

Work

The Trump movie too controversial for Hollywood is finally here - WSJ
[[link removed]}&lead=419599&emailid=77625&nl=daily]
When Sebastian Stan got the script for “The Apprentice," the new
movie about Donald Trump’s early years as a real-estate developer in
New York, the first thing he did was cross out the names of all the
characters. He wanted to pay less attention to who was speaking to
better hear what was actually being said.

Work

China Shores Up Property Sector, Signals More Spending Is Coming -
Bloomberg [[link removed]}&lead=419599&emailid=77625&nl=daily]
Finance minister announces measures to support property sector

Work

Leaving Kabul: what happened when the Taliban returned - FT
[[link removed]}&lead=419599&emailid=77625&nl=daily]
One morning, after 20 years of democracy in Afghanistan, the president
fled the country and fighters entered the city. My son and I escaped

Work

Its about time bankers were cool again - FT [[link removed]}&lead=419599&emailid=77625&nl=daily]
The stigma that finance has long endured is both out-of-date and
unwarranted

Work

Battle for swing states is tied, Trump has edge on top issues, WSJ
poll shows - WSJ [[link removed]}&lead=419599&emailid=77625&nl=daily]
Voters in the nation’s seven battleground states see Donald Trump as
better equipped than Kamala Harris to handle the issues they care
about most—the economy and border security—yet are divided about
evenly over which candidate should lead the nation, a new Wall Street
Journal poll finds.

Work

How a break-up of Google could transform tech - FT
[[link removed]}&lead=419599&emailid=77625&nl=daily]
The Department of Justice?s proposal to shake up the company is a
seminal moment for the industry. If it prevails in court, AI start-ups
could benefit

Work

After years of increases, companies are rolling back prices - WSJ
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Retailers, restaurants and other companies spent years lifting prices.
Now that consumers are closing their pocketbooks, some companies are
turning to discounts to win back business.

Work

Jamie Dimon for Treasury Secretary: The Idea That Never Fades -
Bloomberg [[link removed]}&lead=419599&emailid=77625&nl=daily]
The JPMorgan boss?s name has been floated for 25 years. This
presidential race, the chatter is as loud as ever?even as Dimon
himself downplays the chances.

Work

How a First-Time Founder Raised $140 Million to Build a
Personal-Finance AI Assistant - Inc [[link removed]}&lead=419599&emailid=77625&nl=daily]
When Barney Hussey-Yeo finished his accelerator program in 2016, the
hottest fintech startups were neobankslike Chime, Monzo, and Revolut.
But the data scientist did not want to manage customers money.
Instead, he saw an opportunity to build a business focused on
improving peoples relationship with moneyusing AI.

Work

Hurricane Misinformation Has Reached a Dangerous New Scale -
Scientific American [[link removed]}&lead=419599&emailid=77625&nl=daily]
Members of the FEMA Urban Search and Rescue Task Force search a
damaged area in the aftermath of Hurricane Helene along the Swannanoa
River on October 4, 2024 in Asheville, North Carolina. FEMA has been
the subject of a barrage of misinformation in the storm's wake.

Work

How to escape from China to America - The Economist
[[link removed]}&lead=419599&emailid=77625&nl=daily]
We travel with Chinese migrants on the deadly journey to Americas
border

Work

How Londons Crystal Palace was built so quickly
[[link removed]}&lead=419599&emailid=77625&nl=daily]
London's Great Exhibition of 1851 attracted some 6 million people
eager to experience more than 14,000 exhibitors showcasing
19th-century marvels of technology and engineering. The event took
place in the Crystal Palace, a 990,000-square-foot building of cast
iron and plate glass originally located in Hyde Park. And it was built
in an incredible 190 days. According to a recent paper published in
the International Journal for the History of Engineering and
Technology, one of the secrets was the use of a standardized screw
thread, first proposed 10 years before its construction, although the
thread did not officially become the British standard until 1905.

Work

Physicists Generated Sound Waves That Travel in One Direction Only
[[link removed]}&lead=419599&emailid=77625&nl=daily]
The device, developed by scientists at ETH Zurich and the Swiss
Federal Institute of Technology Lausanne, is made up of a disk-shaped
cavity with three equally-spaced ports that can each send or receive
sound.

Work

The IRS is rolling out its free tax-filing tool to 30 million
Americansand surprisingly, it's great
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Some 30 million Americans across the country will have a new way to
file their taxes next spring: Direct File, a tool developed by the
Internal Revenue Service that allows users to prepare their taxes and
file online completely free of charge and without the need for any
third-party provider. The tool is the first time the federal
government has given taxpayers a way to file directly, and could usher
in a sea change for how Americans approach Tax Day.

Work

How AI-generated content is upping the workload for Wikipedia editors
| TechCrunch
[[link removed]}&lead=419599&emailid=77625&nl=daily]
As AI-generated slop takes over increasing swathes of the
user-generated Internet thanks to the rise of large language models
(LLMs) like OpenAI’s GPT, spare a thought for Wikipedia editors. In
addition to their usual job of grubbing out bad human edits, they’re
having to spend an increasing proportion of their time trying to weed
out AI filler.

Work

For These Americans, Mexico Is Their Country Too
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Ms. Aguayo-Frausto, 30, and her husband, Kevin Frausto, 36, are part
of a contingent of Americans of Mexican descent who, because of their
ancestry, are becoming citizens of both countries — formalizing
their Mexican American identity some 26 years after Mexico began
recognizing dual citizens.

Work

Black Voters Drift From Democrats, Imperiling Harris's Bid, Poll Shows
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Much of the erosion in support for Ms. Harris is driven by a growing
belief that Democrats, who have long celebrated Black voters as the
“backbone” of their party, have failed to deliver on their
promises, the poll showed. Forty percent of African American voters
under 30 said the Republican Party was more likely to follow through
on its campaign commitments than Democrats were.

Work

Trump Rally in Aurora, Colo., Is Marked by Nativist Attacks
[[link removed]}&lead=419599&emailid=77625&nl=daily]
That law allows for the summary deportation of people from nations
with which the United States is at war, that have invaded the United
States or that have engaged in “predatory incursions.” It was far
from clear whether the law could be used in the way that Mr. Trump was
proposing.

Work

Six books to help understand the US and its politics
[[link removed]}&lead=419599&emailid=77625&nl=daily]
From the pursuit of happiness to the economy ? in the run-up to the
election, here are some books that offer context, insight and
perspectives on the US.

Work

Led by Believers in the City's Future, Detroit Is on the Rebound
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Twenty minutes later, Mr. Duggan stepped out of the Jeep at a small
park off Rosa Parks Boulevard, north of downtown. In 1967, it was the
site of an unlicensed after-hours club that was raided by the police.
The action provoked a violent uprising that raged for five days, left
34 people dead, 1,200 injured, and more than 14,000 homes, buildings
and stores burned or destroyed. The episode spurred the flight of
thousands of residents from the city and marked the start of
Detroit’s long, painful decline.

Work

Israeli strikes kill dozens in Gaza's Jabalia refugee camp, officials
say, as thousands remain trapped
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Aid groups carried out an initial round of vaccinations last month
after a baby was partially paralysed by the type 2 polio virus in
August, in the first such case in the territory in 25 years.

Work

BYDDY vs. RIVN: Which Electric Vehicle Stock Is Better?
[[link removed]}&lead=419599&emailid=77625&nl=daily]
As an up-and-comer, Rivian Automotive is a far riskier stock. However,
after the current drop in its share price, the risk appears to be
minimized. The use of Tesla’s business model of starting with
higher-priced models and gradually offering cheaper ones, combined
with strong demand for its vehicles, will likely outweigh the
temporary component shortage. Investors may just have to bear a few
more disappointments along the way, but these setbacks should make the
stock even more attractive.

Work

Christian Conservatives, Looking to Mobilize Women, Turn to a Biblical
Queen
[[link removed]}&lead=419599&emailid=77625&nl=daily]
“We just believe that there’s a crisis,” said Laura Zavala
Allred, an organizer of the event. God, she said, has called
modern-day Esthers “for such a time as this,” referencing the
story’s most well-known phrase.

Work

Daring Trump, Harris's Campaign Says It Will Release Her Medical
Information
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Mr. Trump told CBS News in August that he would “very gladly”
release his medical records to the public, but did not respond to a
request from The New York Times for that information. The Times also
requested Ms. Harris’s health records last month, as well as an
interview with her physician. The campaign did not respond.

Work

5 Takeaways From Vance's Interview With The New York Times
[[link removed]}&lead=419599&emailid=77625&nl=daily]
“Isn’t that how most people are?” he said. “Sometimes
they’re frustrated with what’s going on in the country. Sometimes
they are a little bit more optimistic. Sometimes it’s both,
right?”

Work

Trump Leads in Arizona as Harris Holds an Edge in Pennsylvania, New
Polls Show
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Fueling Ms. Harris in the state is her commanding lead of nearly 20
percentage points when it comes to handling abortion, her single best
issue across battleground states and the second most important concern
for Pennsylvania voters.

Work

A Frustrated Trump Lashes Out Behind Closed Doors Over Money
[[link removed]}&lead=419599&emailid=77625&nl=daily]
At one point, Mr. Trump seemed to suggest that these donors had plenty
to be grateful to him for. He boasted about how great he had been for
their taxes, something that some privately noted wasn’t true for
everyone in the room.

Work

Tester's Fight for Political Survival Is Democrats' Last Stand on the
Great Plains
[[link removed]}&lead=419599&emailid=77625&nl=daily]
While Democrats have been able to offset the loss of those once
competitive seats by tightening their grip on Senate seats in
Colorado, Nevada, New Mexico and Arizona — where they are fighting
to hold a seat this year — the prospect of being locked out on the
Great Plains presents a significant long-term obstacle for Democrats
in securing and preserving congressional majorities.

Work

An Oval Office -- Right Across From the White House
[[link removed]}&lead=419599&emailid=77625&nl=daily]
The museum has opened at a tumultuous moment, when the current
president is dealing with several crises and a deeply divided nation
is poised to choose its next leader. There are few, if any, references
to current events, but Mr. McLaurin said the goal of the association
was to provide visitors insight into the difficult choices that
presidents face.

Work

Harris Says She Would Form Bipartisan Council of Advisers
[[link removed]}&lead=419599&emailid=77625&nl=daily]
Simon J. Levien is a Times political reporter covering the 2024
elections and a member of the 2024-25 Times Fellowship class, a
program for journalists early in their careers. More about Simon J.
Levien

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