From TradeBriefs <[email protected]>
Subject Elon Musk's Big Business and Conflicts of Interest With the U.S. Government - Oct 20, 2024
Date October 20, 2024 1:26 PM
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- The top 25 stories curated by editors and fellow readers!

From the Editor's Desk

Who will win the presidential election? The Trump trade offers a clue
- Fortune

To be sure, many presidential polls in the last few cycles were well
off the mark (and often underestimated Trump’s support). As a
result, some election watchers have turned to betting markets for a
more accurate reading, arguing that those who put money on the line
have a greater incentive to make an accurate call.

The U.S. Dollar Index, which measures the greenback against a basket
of top global currencies, has rallied 2% so far this month. The
10-year Treasury yield has surged about 40 basis points. That’s as
Trump’s tariffs and tax cuts are expected to boost the dollar and
deepen U.S. debt, putting upward pressure on bond yields.

Continued here [[link removed]}&lead=419599&emailid=81445&nl=daily]

_TradeBriefs: Newsletters for Decision-Makers!_

Work

Elon Musk's Big Business and Conflicts of Interest With the U.S.
Government
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Tesla has tried to block at least two rulings from the National Labor
Relations Board, including one punishing Mr. Musk for tweeting that
factory workers would lose stock options if they joined a union.

Work

The Menendez brothers were jailed for life. A Netflix hit may change
their fate - WSJ [[link removed]}&lead=419599&emailid=81445&nl=daily]
LOS ANGELES : It was a case made for the Hollywood treatment: Two
handsome brothers, Erik and Lyle Menendez, had loaded shotguns and
shot their parents dead in their Beverly Hills mansion. They were
sentenced to life without parole in 1996 and largely forgotten.















Work

The worlds most innovative country - The Economist
[[link removed]}&lead=419599&emailid=81445&nl=daily]
A ranking of 133 countries shows that the global innovation boom is
stalling

Work

How college students beat Boeing in a battle to take down drones - WSJ
[[link removed]}&lead=419599&emailid=81445&nl=daily]
The multinational—and several other defense giants—lost to four
college students who knocked drones out of the sky using sound waves.
The rookies’ device was developed in a parent’s backyard using an
old car speaker.














Work

Justin Trudeau has a big political problem: Justin Trudeau - WSJ
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Almost a decade later, Trudeau is fighting for political survival.
About two-thirds of the public disapproves of his performance. His
Liberal Party is losing once-safe seats, and some members of his
caucus say Trudeau needs to go. And the Trudeau brand is now
stubbornly unpopular as Canadians say they are simply tired of him.

Work

Nuclear energy stocks hit record highs on surging demand from AI - FT
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Amazon and Google deals to deploy small modular reactors are latest
step in sector?s revitalisation














Work

Airlines bet on food and art to lure flyers back to ageing premium
cabins - FT [[link removed]}&lead=419599&emailid=81445&nl=daily]
New perks offered while better planes and seats remain grounded from
supply chain disruptions

Work

China?s ?Professional Children? Want to Buy Less and Experience More -
Bloomberg [[link removed]}&lead=419599&emailid=81445&nl=daily]
The lie-flat generation is choosing self-care over luxury goods and
gap years over poorly paid entry-level jobs.














Work

Netanyahu?s Weekend Home Targeted as Hezbollah Steps Up Barrage -
Bloomberg [[link removed]}&lead=419599&emailid=81445&nl=daily]
Israel?s prime minister wasn?t present during the drone attack

Work

Microsoft Goggles? Cost Must Drop From $80,000 Each, Army Says -
Bloomberg [[link removed]}&lead=419599&emailid=81445&nl=daily]
Army has planned to order as many as 121,000 of the devices














Work

The Killing of Yahya Sinwar - The New Yorker
[[link removed]}&lead=419599&emailid=81445&nl=daily]
On Thursday afternoon, Yuval Bitton was sitting down to eat at his
sister?s place in southern Israel. The occasion was Sukkot, the Feast
of Tabernacles, but the anniversary of October 7th and the ongoing
horror of the war in Gaza and beyond insured that there was little
sense of celebration at the table.

Work

Top BBVA shareholder sells out over Sabadell hostile bid - FT
[[link removed]}&lead=419599&emailid=81445&nl=daily]
GQG Partners, which also holds stakes in Commerzbank and CaixaBank,
sold shares during the summer














Work

The AMY1 Gene Variation from Our Ancient Ancestors May Explain Our
Carbohydrate-Rich Diets - Discover Magazine [[link removed]}&lead=419599&emailid=81445&nl=daily]
A study of a gene key to breaking down carbohydrates started
duplicating itself in humans over 800,000 years ago? well before the
dawn of agriculture. A team of researchers report in Science that the
gene, called AMY1, started creating variations of itself long before
humans split from neanderthal. It plays an essential role in producing
starch-digesting saliva.

Work

How the maths of queuing can make lines more efficient - New Scientist
[[link removed]}&lead=419599&emailid=81445&nl=daily]
I imagine that you may, at some point in your life, have been in a
queue that wasn?t run entirely efficiently. Despite allegedly loving
to line up and wait for things, Brits like me have an array of stories
about badly run queues.














Work

Here's Why Critics Are Raising Eyebrows Over Sam Altman's
Iris-Scanning Crypto Project - Inc [[link removed]}&lead=419599&emailid=81445&nl=daily]
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman,
said on Thursday it was rebranding to World Network and was ramping up
efforts to scan every human?s iris using its ?orb? devices.

Work

Sales from controversial drug discount program rose to $63 billion
last year - STAT [[link removed]}&lead=419599&emailid=81445&nl=daily]
Prescription medicines purchased in the U.S. under a controversial
government discount program amounted to $63 billion in 2023, a 23.4%
increase from the previous year, according to the Health Resources &
Services Administration, which oversees the program.













Work

Elon Musk And Marjorie Taylor Greene Rehash Debunked Dominion
Vote-Stealing Conspiracy - Forbes [[link removed]}&lead=419599&emailid=81445&nl=daily]
Tech billionaire Elon Musk and Rep. Marjorie Taylor Greene, R-Ga.,
this week pushed theories about Dominion Voting Systems, the
vote-counting machines widely used in U.S. elections, threatening to
revive the conspiracies spread by Donald Trump and his allies in 2020
that sowed chaos?and were repeatedly debunked.

Work

Beyond gene-edited babies: the possible paths for tinkering with human
evolution - MIT Technology Review [[link removed]}&lead=419599&emailid=81445&nl=daily]
In 2016, I attended a large meeting of journalists in Washington, DC.
The keynote speaker was Jennifer Doudna, who just a few years before
had co-invented CRISPR, a revolutionary method of changing genes that
was sweeping across biology labs because it was so easy to use. With
its discovery, Doudna explained, humanity had achieved the ability to
change its own fundamental molecular nature. And that capability came
with both possibility and danger. One of her biggest fears, she said,
was ?waking up one morning and reading about the first CRISPR baby??a
child with deliberately altered genes baked in from the start.

Work

US judges have a social media problem
[[link removed]}&lead=419599&emailid=81445&nl=daily]
On October 7, Pennsylvania's Court of Judicial Discipline ruled that
the case of Judge Mark Cohen was the worst case of defiance they had
ever seen after he refused to stop posting political comments.

Work

Why Vinegar Is So Good for You
[[link removed]}&lead=419599&emailid=81445&nl=daily]
You may have noticed your supermarket offering more types of vinegar
lately. Sure, balsamic and apple cider vinegars are veterans of the
condiments aisle, but new shelf neighbors, like coconut, champagne,
pomegranate, and raspberry are moving in.

Work

When the Moon Hits Your Eye like a Big Pizza Pie, That?s Illusion -
Scientific American [[link removed]}&lead=419599&emailid=81445&nl=daily]
I remember watching the full moon rise one early evening a while back.
It was when I still lived in Colorado, and I was standing outside in
my yard. I first noticed a glow to the east lighting up the flat
horizon in the darkening sky, and within moments the moon was cresting
above it, yellow and swollen?like, really swollen

Work

SpaceX is NASA?s biggest lunar rival - The Economist
[[link removed]}&lead=419599&emailid=81445&nl=daily]
It was something amazing?an expensive, delicate ship falling out of
the sky with such precision that it could be caught in a waiting pair
of giant, gentle arms. If you wanted an illustration of the fact that
Americans can do things in space beyond the reach of other earthlings
the return of the booster stage of SpaceX?s fifth Starship test flight
on October 13th could hardly be bettered.

Work

Sick of AI hype? I have some bad news.
[[link removed]}&lead=419599&emailid=81445&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, so to continue this vital work, we have
an ambitious goal to add 5,000 new members.

Work

At Least 7 Dead After Ferry Dock Collapses on Sapelo Island, Georgia
[[link removed]}&lead=419599&emailid=81445&nl=daily]
The Gullah Geechee, who live along the coasts of the Carolinas,
Georgia and northern Florida, are descendants of enslaved West African
people who were brought to the southeastern United States more than
two centuries ago. The Gullah Geechee who live on Sapelo, a small
island with only a few dozen permanent residents, are descendants of
slaves who were brought there in the early 19th century.

Work

How the N.F.L. Builds a Fan Base in Ireland: Watch Parties, Clinics
and Guinness
[[link removed]}&lead=419599&emailid=81445&nl=daily]
The N.F.L. has played only one game in Ireland — a preseason contest
in 1997. So, for now, the next-best N.F.L. experience De Lappe and
Murphy can get is attending a gathering with more than 800 other avid
fans twirling Terrible Towels. Their dream is a trip to the United
States to see the Steelers play in the Super Bowl.

Work

What Joko Widodo Achieved as President
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Thousands of protesters gathered outside the Parliament and
Constitutional Court in Jakarta, the capital. Mr. Joko was subjected
to very personal attacks, as social media users cursed him by using
his birth name, Mulyono. (Mr. Joko was a sickly child whose parents
renamed him in hopes of better health; calling him Mulyono was
tantamount to casting a hex.)

Work

Jos Rubn Zamora Will Leave Prison After Nearly Two Years
[[link removed]}&lead=419599&emailid=81445&nl=daily]
His trial was plagued with irregularities and was broadly seen as
fundamentally unfair — another move to undermine democracy and
target critical press coverage during the administration of former
President Alejandro Giammattei.

Work

Musk promises to award $1 million each day to a signer of his petition
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Musk, ranked by Forbes as the world's richest person, so far has
supplied at least $75 million to America PAC, according to federal
disclosures, making the group a crucial part of Trump's bid to regain
the White House.

Work

Elon Musk promises to award $1m every day to voters as he steps up
campaigning for Trump
[[link removed]}&lead=419599&emailid=81445&nl=daily]
But the extent of the flagged doors in America Pac’s operation
underscores the risk of outsourcing a ground-game program, where paid
canvassers are typically not as invested in their candidate’s
victory compared with volunteers or campaign staff.

Work

Four of Trump's Most Meandering Remarks This Week
[[link removed]}&lead=419599&emailid=81445&nl=daily]
On Tuesday, John Micklethwait, the editor in chief of Bloomberg News,
asked Mr. Trump about the dollar and whether his policies would drive
up inflation. Mr. Trump produced a verbal novel, the first chapter of
which touched more on Representative Alexandria Ocasio-Cortez’s
undergraduate studies than on macroeconomics.

Work

At Homecoming, Howard Alumni Are Excited and Anxious for Harris
[[link removed]}&lead=419599&emailid=81445&nl=daily]
“I am itching with excitement deep inside for our fellow Bison, who
is atop the ticket for the most powerful position in the most amazing
country in the world,” Christina Weaver Jackson, the host of a
“Bison for Kamala” fund-raiser at her home in the District of
Columbia, told its attendees on Thursday. “I’m also very
nervous.”

Work

Harris May Be Catching Up on a Key Polling Question: Which Candidate
Helps You?
[[link removed]}&lead=419599&emailid=81445&nl=daily]
In a national Times/Siena poll this month, Ms. Harris edged out Mr.
Trump when likely voters were asked to compare the two current
candidates directly on who is more trusted to help voters personally.
About 44 percent thought Ms. Harris would help them more, compared
with 42 percent for Mr. Trump.

Work

Door-Knocks, Texts, and Ads, Ads, Ads: Life on the Swing-State
Battlefield
[[link removed]}&lead=419599&emailid=81445&nl=daily]
That is true in all seven of the swing states that will decide the
winner of the Electoral College — Pennsylvania, Michigan, Wisconsin,
North Carolina, Georgia, Nevada and Arizona — but particularly in
states like Pennsylvania, Michigan, Wisconsin and Nevada, where
critical Senate and House contests are also being fought.It seems as
if there is a sign on every corner in Clark County, Nev., with the
name of a candidate for something, from the White House to a local
school board, from Congress to City Council.

Work

Jill Stein Won't Stop. No Matter Who Asks.
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Ms. Stein is back on the ballot almost everywhere that matters,
returning to the campaign fore in an ostensible coin-flip race between
Mr. Trump and Vice President Kamala Harris. Democrats see Ms.
Stein’s bid as a direct threat in a year when even relatively small
voter pools might carry near-existential stakes.

Work

At a Pennsylvania Rally, Trump Descends to New Levels of Vulgarity
[[link removed]}&lead=419599&emailid=81445&nl=daily]
“Such a horrible four years,” Mr. Trump said, referring to the
Biden-Harris administration, as he surveyed the crowd of hundreds of
people in front of him. “We had a horrible — think of the —
everything they touch turns to —.”

Work

Early In-Person Voting Begins in Nevada, as Obama Fires up Democrats
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Another voter, James Still, also marveled at the convenience. His
wife, Jennifer, wore a shirt supporting Ms. Harris, and Mr. Still said
they had both voted for her because “politicians shouldn’t tell
women what to do with their bodies.” For them, as for Mr. Chavez,
voting was an added benefit of coming to the store.

Work

HS2: Ministers to oversee build as costs 'spiral'
[[link removed]}&lead=419599&emailid=81445&nl=daily]
In January, the boss of HS2 Ltd estimated that the total cost of HS2
could rise, saying a hike in the cost of materials such as concrete
and steel have added £8bn to £10bn to the project's budget.

Work

In L.A., Street Psychiatrists Offer the Homeless a Radical Step
Forward
[[link removed]}&lead=419599&emailid=81445&nl=daily]
“One thing that can make your life a little bit easier,” he said.
“We have the same medication that comes as a monthly injection, so
you only have to take it once. Is that something you’d be interested
in? It’s better for you.”

Work

A Mideast Shift Is Underway, Without Israel
[[link removed]}&lead=419599&emailid=81445&nl=daily]
“In the region, we now have a common grievance about the threat of
the war spreading, and the wars in Gaza and Lebanon and the displaced
people,” Mr. Araghchi said on Friday, when he landed in Istanbul.

Work

He Dreamed of Escaping Gaza. The World Watched Him Burned Alive.
[[link removed]}&lead=419599&emailid=81445&nl=daily]
The Israeli military said that the fire that erupted afterward was
probably caused by “secondary explosions,” without specifying what
that meant. It added that “the incident is under review.”

Work

The Holocaust's Grandchildren Are Speaking Now
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Three generations on, filmmakers, writers and artists are making new
meaning from ancestral trauma.

Work

Zumba Teacher? 'Anti-Woke' Cleric? 38 Candidates Line Up to Head
Oxford University
[[link removed]}&lead=419599&emailid=81445&nl=daily]
For the first time, voters will cast ballots online. About 26,000
alumni of Oxford have registered to vote, with an additional 5,000
faculty and senior staff also eligible. That compares with roughly
8,000 people who voted in the election won by Mr. Patten in 2003. The
field of candidates will be culled to five in a first round of voting,
with a winner selected in a second round in late November.

Work

Opinion | I Don't Want to Live in a Monoculture, and Neither Do You
[[link removed]}&lead=419599&emailid=81445&nl=daily]
The second is that those ineffective policies were promulgated and
enforced in part through a campus culture that was remarkably
intolerant. Confessore’s report is replete with examples of
professors who faced frivolous complaints of race or gender bias, and
after Hamas’s terrorist attack on Oct. 7 — when the university’s
commitments to pluralism were put to their toughest test — Michigan
couldn’t meet even its most basic legal obligations.

Work

Opinion | 'The Substance' Is a Hollywood Horror Film that Feels Too
Close to Home
[[link removed]}&lead=419599&emailid=81445&nl=daily]
I?ve seen the ways that show business can warp a young woman?s
self-perception. I?ve even fallen prey to some of them.

Work

Opinion | There Is No Leadership Without Risk
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Increasingly, I worry that well-intentioned boards of directors are
selecting rising leaders for safety, appointing executives who have
assiduously avoided controversy rather than those most adept at
managing it. Then, they counsel toward caution, not conscience.

Work

Opinion | College Officials Must Condemn Support of Hamas Violence on
Their Campuses
[[link removed]}&lead=419599&emailid=81445&nl=daily]
In Rhode Island, the Brown University chapter of Students for Justice
in Palestine posted this on Instagram: “Al-Aqsa Flood was a historic
act of resistance against decades of occupation, apartheid, and
settler colonial violence.”

Work

Tugged Between East and West, Moldova Makes a Pivotal Choice
[[link removed]}&lead=419599&emailid=81445&nl=daily]
In response to the war in Ukraine, the European Commission, the
bloc’s executive arm, recommended in June 2022 that Moldova and
Ukraine be granted “candidate status,” the first formal step in a
process that normally lasts longer than a decade.

Work

Meet the people driving billions of dollars in deals for Formula 1
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Watch the video above for an in-depth look at the world of dealmaking
in F1, featuring interviews with Formula One Group CEO Stefano
Domenicali, McLaren Racing CEO Zak Brown, Williams Racing Team
Principal James Vowles, Scuderia Ferrari HP Team Principal Fréd
Vasseur and more.

Work

Israel pounds Beirut and Gaza after rockets hit Israel's north
[[link removed]}&lead=419599&emailid=81445&nl=daily]
Negotiations for such a deal have been stalled for weeks. U.S.
Secretary of State Antony Blinken, who has led diplomatic efforts, is
expected to travel to Israel on Tuesday as part of a regional tour,
Axios reported on the social media platform X.

Work

As Silicon Valley eyes US election, beware Elon Musk and the tech bros
with political nous | John Naughton
[[link removed]}&lead=419599&emailid=81445&nl=daily]
The interesting thing is that this money seems to be aimed not so much
at influencing who wins the presidency as at ensuring that the
“right” people get elected to the House and the Senate. This
suggests a level of political nous that would have been disdained by
the early pioneers of the tech industry in the 1960s. Technology might
not have been political then; but it sure is just now.

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