- The top 25 stories curated by editors and fellow readers!
From the Editor's Desk
LVMH had a bloodbath of an earnings. But its CFO is convinced becoming more affordable isn't the answer - Fortune Europe Economic policies, which have also prompted consumers to pull their purse strings right, have had ripple effects on the luxury industry. For instance, when China indicated upcoming stimulus measures to help revive its economy, LVMH and other luxury players saw their shares rise in the hopes that it would end shoppers’ hesitation. But when those promises failed to deliver, the same companies saw their shares fall.
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WorkWorkNew in NotebookLM: Customizing your Audio Overviews and introducing NotebookLM BusinessNotebookLM, a tool powered by Gemini 1.5, helps users understand complex information by instantly becoming an expert on uploaded sources. New features include customizable Audio Overviews, allowing users to provide instructions for AI hosts and listen to audio while working within NotebookLM. Additionally, NotebookLM Business, an upcoming version offered via Google Workspace, will provide enhanced features for businesses, universities, and organizations, prioritizing data privacy and security. Apply for the NotebookLM Business pilot program to gain early access to new features, training, and email support.
WorkHow DHL Pioneered the Sharing EconomyDHL, the international express delivery company, started its business by offering free plane tickets to people on the street. For the trouble of giving up their baggage allowances, passengers were handed a free round trip plane ticket to Hawaii. WorkTubeworms live beneath the planetary crust around deep-sea vents - The Economist HYDROTHERMAL VENTS are the planet’s exhaust pipes. Kilometres below the ocean surface, they relentlessly belch out searing hot water rife with harsh chemicals from beneath Earth’s crust. When they were first discovered in 1977, nobody expected these inhospitable sites to bear signs of life. And yet, thriving alongside these vents were colonies of tubeworms, mussels and clams entirely new to science. It is hard to think of an environment that could be more hostile. Now, however, new work is revealing evidence that these animals are raising their young in just such a place: the fractured rocks underneath the vents themselves.
WorkWorkRethinking School Design: How Education Architecture Reflects Changing Views on ChildhoodFor decades, school design was synonymous with rigidity. Rows of identical classrooms, harsh lighting and long, narrow corridors created environments that felt more like factories — or worse, prisons — than places for nurturing young minds. This comparison isn’t entirely accidental. While it may be more legend than the fact that many schools were designed by the same architects who built prisons, the underlying principles guiding their design were strikingly similar. The focus was on efficiency, control and uniformity — goals just as relevant to prisons as early educational institutions.
WorkWorkbureaucracyMeaningful output: meaningful output is any output aligned with the organization’s purpose. For example, Feed My Starving Children’s purpose is to deliver food to impoverished areas. A meaningful output for them is a successful food delivery.
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WorkMIT engineers create a chip-based tractor beam for biological particles Images for download on the MIT News office website are made available to non-commercial entities, press and the general public under a Creative Commons Attribution Non-Commercial No Derivatives license. You may not alter the images provided, other than to crop them to size. A credit line must be used when reproducing images; if one is not provided below, credit the images to "MIT." WorkMicrosoft and OpenAIs Close Partnership Shows Signs of FrayingMicrosoft had already pumped $13 billion into OpenAI, and Mr. Nadella was initially willing to keep the cash spigot flowing. But after OpenAI’s board of directors briefly ousted Mr. Altman last November, Mr. Nadella and Microsoft reconsidered, according to four people familiar with the talks who spoke on the condition of anonymity.
WorkWork WorkWorkWorkMeta employees react to 'Grubgate' firings over misuse of $25 meal credits - Business Insider The Grubhub meal perk is meant to support Meta employees at locations where free meals aren't provided by a cafeteria, or when employees work into the evening. Those who violated the policy used the $25 credit to order other items, including laundry detergent, wine glasses, and acne pads, a person familiar with the situation told Business Insider. Not everyone who misused the perk was fired, the person said — only those who had demonstrated a pattern of abusing it. WorkInside Blackstone's growing 'credit juggernaut' - Business Insider In reporting earnings on Thursday, the New York buyout firm said its business of cobbling together and investing in loans was now its largest unit by assets. The so-called credit and insurance division has $354.7 billion worth of assets under management, up 22% over last year. By contrast, Blackstone's private-equity business manages $344.7 billion, and its real-estate-investing arm, the firm's largest business at the start of the quarter, has $325.1 billion. WorkWorkWorkWorkWorkYahya Sinwar dies as he lived - WSJ The death of Hamas leader Yahya Sinwar on Thursday is a proper measure of justice for his lifetime of murder, and with any luck it will be a step toward a cease-fire in Gaza and an end to Hamas’s terrorist rule in the territory. WorkWorkWorkWorkWorkWorkConsumer and labor groups urge FTC to block Catalent sale to Novo Holdings - STAT A coalition of unions, consumer groups and public interest organizations urged the Federal Trade Commission to challenge a $16.5 billion deal in which Novo Nordisksparent foundation would acquire Catalent, a leading contract drug manufacturer, over concerns the acquisition will harm competition and reduce patient access to popular diabetes and weight loss medicines. WorkIs Your Career Heading in the Right Direction? - Harvard Business Review In our busy lives, its hard to find enough time to pause and reflect. But if we never make the time, we may just end up running fast in the wrong direction and this is especially true when it comes to our careers. Thats why, once a quarter, its useful to run through this three-step exercise, or do a career detox. The first step involves turning inward and asking yourself a series of reflective questions focused on whether youre still happy with your current path. The second step is all about naming your values, and the third is about aligning what youve learned to your career. Use this practice to figure out what might need to add or subtract from your work life to feel more satisfied in this moment. WorkWhy Everyone in Your Company Should Be a Salesperson - Inc When it comes to growing any type of business, you have to know how to sell whether youre peddling a product, a service, or even yourself as an entrepreneur. Strong sales are what separates hyper-growth companies from the crowd. But the good news is that anyone can learn how to supercharge their sales with a few key strategies. WorkWorkWorkWorkThe Democrats pro-union strategy has been a bustThe US presidential campaign is in its final weeks and were dedicated to helping you understand the stakes. In this election cycle, its more important than ever to provide context beyond the headlines. But in-depth reporting is costly, so to continue this vital work, we have an ambitious goal to add 5,000 new members. WorkWorkFormer Olympic Snowboarder Wanted by F.B.I. on Murder and Drug ChargesA majority of the 16 people named in the indictment were captured by the authorities in the United States and Canada as part of an operation led by the F.B.I. called Operation Giant Slalom, the Canadian police said. Slalom is an Olympic event in which competitors are timed as they ski or snowboard down a slope while weaving through a flagged obstacle course. WorkWorkWorkWorkThe one big bank that had a challenging week"Despite the increased regulatory overhang on the stock in recent months, we note the progress that management continues to make in order to boost franchise profitability," Bank of America analyst Ebrahim Poonawala said in a Wednesday research note, pointing to Citi's improving wealth unit. WorkWorkWork1 in 4 Americans think about politics before choosing where to live, report says“Choosing where to call home can be a complex decision, as buyers look for the right home at the right price in the right place. Politics is one more important consideration for many buyers and renters as they evaluate where they feel comfortable putting down roots for the short or long term,” Hannah Jones, a senior economic research analyst at Realtor.com said. WorkWorkHow Yahya Sinwars death will change the Middle East - The Economist IN THE END Yahya Sinwar died brutally in the rubble of Gaza, like tens of thousands of victims of the war he unleashed a year earlier. In a firefight with an Israeli patrol in southern Gaza, the leader of Hamas, the Palestinian Islamist movement, was killed on October 17th. The massacre a year earlier that he masterminded altered the trajectory of the Middle East, although not in the way he dreamed of. WorkHow Alarmed Should We Be If Trump Wins Again? - The New Yorker A long trip on an American highway in the summer of 2024 leaves the impression that two kinds of billboards now have near-monopoly rule over our roads. On one side, the billboards, gravely black-and-white and soberly reassuring, advertise cancer centers. (We treat every type of cancer, including the most important one: yours; Beat 3 Brain Tumors. At 57, I gave birth, again.) On the other side, brightly colored and deliberately clownish billboards advertise malpractice and personal-injury lawyers, with phone numbers emblazoned in giant type and the lawyers wearing superhero costumes or intimidating glares, staring down at the highway as they promise to do to juries. WorkThe 25-Year-Old Georgia Senate Candidate Looking to Unseat a Fake Trump ElectorIn recent weeks, Mr. Ramaswami has been traveling from subdivision to subdivision, knocking on doors and making his case that Mr. Still should not remain in government. Mr. Still was among a group of Georgia Republicans who signed documents falsely stating that Mr. Trump had won the state and asserting that they were “duly elected and qualified” electors on his behalf. |
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