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From the Editor's Desk

Trump Says RFK Jr. Will Go Wild on Public Health. What Would That Look Like? - The Cut

Federal public-health employees are already issuing resignations in advance of a Trump administration, says one expert.

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Powell Signals Readiness to Defy Trump in Defense of Fed - Bloomberg
Fed chair says president has no power to fire or demote him


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Trump victory hands hedge funds $1.2bn win from bet against renewables - FT
Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaks






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Trumps Win Sets Off Race to Complete Chips Act Subsidy Deals - Bloomberg
Companies seek to finalize agreements as quickly as possible


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Biotech and Donald Trump: A conversation about what comes next - STAT
This story was adapted from Adams Biotech Scorecard, a subscriber-only newsletter. STAT+ subscribers can sign uphereto get it delivered to their inbox.A slight format change this week. My STAT colleague and dear friend Matthew Herper joins me to discuss President-elect Donald Trumps victory and the impact on biotech and pharma.




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Boost Your Teams Productivity by Hiring Force Multipliers - Harvard Business Review
When interviewed by the Smithsonian Institution in 1993 about the early days of his company, Microsoft co-founder Bill Gates didnt stress the role of software engineering in the companys growth. Instead, he talked about the decisive impact of a key HR decision: hiring one of his old school friends a shy fellow called Steve Ballmer.


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The Fed thinks inflation is vanquished - WSJ
Federal Reserve Chairman Jerome Powell is sticking with his view that inflation is all but vanquished. The interest-rate cut he delivered Thursday marks a gamble that he wont need to raise rates early in the next Trump Administration.




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4B, the protest movement that boycotts men, explained
Our mission could not be more clear and more necessary: We have a duty to explain what just happened, and why, and what it means for you. We need clear-eyed journalism that helps you understand what really matters. Reporting that brings clarity in increasingly chaotic times. Reporting that is driven by truth, not by what people in power want you to believe.


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What Donald Trump's Win Means For Immigration
Per the plans he shared throughout his campaign, Trump intends to commence mass deportations of millions of people, a project that could be marked by widespread workplace raids and the involvement of the U.S. military, all while putting federal resources into expanding the border wall at the U.S.-Mexico border.




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Putin says hes ready to pick up if manly Trump calls him
Russian President Vladimir Putin congratulated Donald Trump on his U.S. election victory, praising the Republicans manly response to an attempted assassination and saying hes ready to speak with him.


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South Korean President Yoon Suk Yeol's biggest problem isn't the North
North Korea's rhetoric was reaching fever pitch again. Unused roads and rail links to the South had just been blown up in a spectacular display of belligerence. The North had labeled the South "a hostile state" and its leaders as "gangsters" and "scum."




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Tycoon drives Indias push against Chinas solar-energy dominance - WSJ
AHMEDABAD, IndiaGautam Adani,the billionaire founder of one of Indias biggest business conglomerates, lies at the intersection of the countrys clean energy challenge to China.


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Want to live a long and fulfilling life? Change how you think about getting old - WSJ
Nearly every Friday morning for the last three years, Ive exercised side-by-side with Perry Chapman. At 70, Perry is over 15 years older than me, but she puts me to shame. Perhaps this shouldnt be surprising given that she takes several Pilates classes a week and has just started weightlifting with a personal trainer.




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After decades, FDA finally moves to pull ineffective decongestant off shelves
In a long-sought move, the Food and Drug Administration on Thursday formally began the process of abandoning oral doses of a common over-the-counter decongestant, which the agency concluded last year is not effective at relieving stuffy noses.


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Imaging shapes of atomic nuclei in high-energy nuclear collisions
Atomic nuclei are self-organized, many-body quantum systems bound by strong nuclear forces within femtometre-scale space.




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Ambulance hits Oregon cyclist, rushes him to hospital, then sticks him with $1,800 bill, lawsuit says
An Oregon cyclist who was struck by an ambulance that made a right turn into him — fracturing his nose and leaving him with scrapes and other injuries across his body — has filed a $997,000 lawsuit against the ambulance provider after it scooped him up, drove him to the hospital and then billed him for the service, according to the suit.


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The egg or the chicken? An ancient unicellular says egg! - Medias - UNIGE
A cell division resembling that of an animal embryo has been observed in a prehistoric unicellular organism, suggesting that embryonic development might have existed prior to the evolution of animals.




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Five minutes of exercise a day could lower blood pressure
The study, published in Circulation, was carried out by experts from the ProPASS (Prospective Physical Activity, Sitting and Sleep) Consortium, an international academic collaboration led by the University of Sydney and University College London (UCL). 


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The Decline of the Working Musician
Before the gig economy consumed a third of the workforce, it was mostly musicians who worried about gigs. There are debates about the origins of the word—some believe it derives from an eighteenth-century term for horse-drawn carriages that may have doubled as stages for performers, while others contend that it was adapted from a Baroque dance called the gigue. But the “gig,” as shorthand for a casual, one-off paid performance, entered the popular lexicon during the Jazz Age of the nineteen-twenties and thirties. There was a mystique to the gigging musician wandering the big city in search of work, because this work was creative, improvisational, at times transcendent.


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Elwood Edwards, voice of AOLs iconic greeting Youve Got Mail, dies at 74 | CNN Business
Elwood Edwards, a behind-the-scenes graphics and camera operator at local Cleveland television station WKYC whose voice was propelled to worldwide fame after he recorded AOL's email greeting, 'You've Got Mail,' has died, according to his former employer. He was 74.


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US election live: Republicans edge closer to House majority as speculation grows over Trump cabinet
The Federal Reserve has cut interest rates further, saying progress has been made against the wave of inflation that struck the United States during Joe Biden’s presidency, which was likely a major factor in voters choosing Donald Trump as the next president


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Elon Musk might be Wall Streets great white whale - FT
The US election and elevation of the Tesla boss could lead to big deal fees. The race is on to be his favourite consigliere


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Can Direct Democracy Save Abortion Rights? - The New Yorker
In the first Presidential race since the Supreme Court overturned Roe v. Wade, the American electorate appeared to stake out two seemingly irreconcilable positions. Voters gave a mandate to Donald Trump, who appointed half of the conservative supermajority that abolished the constitutional right to abortion in Dobbs v. Jackson Womens Health Organization. Yet, at the same time, eight states showed majority support for constitutional amendments that codified abortion rights, including five states that went for or are leaning toward Trump. In Missouri, where abortions are completely prohibited except for health emergencies, Trump won easily, but so did an amendment enshrining reproductive rights in the state constitution. Trump is poised to win in Arizona, which has a fifteen-week ban, and where voters affirmed an amendment protecting abortion rights until fetal viability. A similar measure in Trumps home state of Florida, Amendment 4, won a slightly larger majority than Trump himself didand yet the measure failed, because it did not reach Floridas sixty-per-cent threshold for passing constitutional amendments. The South Florida Sun Sentinel, reporting on a ballot initiative that received fifty-seven per cent of the vote, ran the headline Voters Reject Florida Abortion Rights Amendment.


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Parents Labeling a Kids Friend a Bad Influence Can Backfire - Scientific American
Parents have always blamed their teens misbehavior on their kids friends: they may say their kids fell into bad company or got in with the wrong crowd. To combat what they see as pernicious influences, parents have responded with strategies that range from criticizing the wayward companions to forbidding any contact altogether. This type of response by parents has been documented from the Netherlands to China.


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Federal Authorities Are Investigating Racist Texts Sent To Many Black Americans Across The Country - Forbes
Federal authorities on Thursday said they are investigating a series of racist text messages sent to Black men and womenincluding some school studentsacross the country referencing slavery and asking them to be prepared to pick cotton at the nearest plantation.


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New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty - Inc
Federal Reserve officials are poised Thursday to reduce their key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures that exasperated many Americans and contributed to Donald Trumps presidential election victory.


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Judge Tosses Out Biden Program For Undocumented Spouses
Generally, immigrants who have entered the United States illegally must leave the country to complete the green card process, which can take years. The Biden program, which was in place for a week, allowed those who were married to U.S. citizens to remain in the country by granting them what the immigration system refers to as “parole,” a status that also protected them from deportation.


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Wave of Racist Texts After Election Prompts F.B.I.'s Scrutiny
Mr. Trump stoked racism throughout his campaign in speeches that included false accusations against immigrants and inflated crime figures. He demeaned the intelligence of his opponent, a Black woman; repeatedly amplified a lie that Haitian immigrants were eating neighbors’ pets in Ohio and held a rally near the end of his campaign at Madison Square Garden that was rife with bigotry and misogyny.


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Trump's Strange Bedfellows: Arab Americans and Right-Leaning Jews
The two groups hold sharply divergent expectations for the president-elect. And both strongly pro-Israel Trump voters and some of Mr. Trump’s Arab American backers are skeptical that his ascent this week is the start of a durable cross-ideological, interfaith coalition.


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The Entertainer axes new shops after Budget tax rise
"When you look at the proposed cuts in corporation tax - even without those cuts and indeed the new costs that have just come in in the UK on National Insurance and labour laws - when you’re taking investment decisions, the US is making a very compelling case for investment and expansion," he said.


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Anthropic teams up with Palantir and AWS to sell AI to defense customers | TechCrunch
Anthropic on Thursday said it is teaming up with data analytics firm Palantir and Amazon Web Services (AWS) to provide U.S. intelligence and defense agencies access to Anthropic’s Claude family of AI models.


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Nissan to lay off thousands of workers as sales drop
"Nissan, like many Japanese car makers, has been very slow to the electrified vehicle party in China and this is reflected in their results," said Mark Rainford, a China-based car industry commentator.


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Companies Brace for the Return of Trump's Old Trade Gripes
In 2017, Komatsu spent about $2.8 billion to acquire an American company that made mining equipment. Since then, it has increased investments in North America, adding thousands of workers to its payroll and ramping up domestic production.


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Opinion | Democrats Walked Into a Trap Republicans Set for Them
They walked into the trap of defending the very institutions most Americans distrust.


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The best E Ink tablets for 2024
We got to spend some time with TCL’s latest E Ink-like tablet at CES, the NXTPAPER 14 Pro. Using the company’s NXTPAPER 3.0 technology, the device isn’t precisely an E Ink tablet but one that attempts to strike a balance between the displays of ereaders and standard slabs. It focuses on eye comfort by filtering out up to 61 percent of blue light, using a Circularly Polarized Light (CPL) screen and the like. TCL has not revealed pricing for the NXTPAPER 14 Pro, but it did confirm it would arrive in the US in early 2024.


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Brian Cox urges artists to 'keep flag of truth flying' after Trump win
"The world's in deep shit like never before. Trump's not going to do anything about the climate crisis because he doesn't believe it, no matter the evidence. Cox was also insistent that he would "never play Trump". He said: "I couldn't play him for all the tea in China, there's no virtue in him."


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People in Gaza are enduring 'almost unparalleled suffering', says aid group
"Those in power on all sides act with impunity, while millions across Gaza and the region pay a terrible price," he said. "Humanitarians can speak out on what we are seeing, but only those in power can end this nightmare."


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David Lammy plays down fears over Trump presidency and says UK must seize 'opportunities' on offer ? politics live
I find it very helpful when readers point out mistakes, even minor typos. No error is too small to correct. And I find your questions very interesting too. I can't promise to reply to them all, but I will try to reply to as many as I can, either BTL or sometimes in the blog.


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NHS-branded baby formula could prevent parents paying too much, watchdog says
The regulator said it was concerned there was too little choice in the market, with a very limited number of own-label products, and that few parents were switching to cheaper options where available.


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Lammy dismisses past criticism calling Trump a 'sociopath' as 'old news'
"And I was talking about, you know, what is the first truly Islamist country that will get a nuclear weapon, and we were like, maybe it's Iran, you know, maybe Pakistan already kind of counts, and then we sort of finally decided maybe it's actually the UK, since Labour just took over."


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Swing states: how Democratic vote stayed flat while Republican gains won it for Trump
Nationally, turnout is expected to be down slightly on the record-breaking turnout recorded in 2020. But turnout in the swing states of Georgia, Michigan, Wisconsin, Nevada and Arizona looks likely to surpass that level – mainly caused by an increase in Trump voters.


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'Exciting' new lupus treatment could end need for lifelong medication
Dr Eleni Tholouli, the director of the adult stem cell transplant unit at Manchester Royal Infirmary, said: "It is an incredibly exciting time to now offer this mode of treatment to lupus patients through this clinical trial."


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Project 2025 chief's book urges 'burning' of FBI, New York Times and Boy Scouts
"Man's taming of fire is the cornerstone of human culture," Roberts muses. "That's the funny thing about fire. It is so fleeting, a flame flickering from moment to moment, yet in its evanescence, it is eternal. Of all the elements, fire is most associated with transformation, renewal, and change. You can't have a blaze without some kind of sacrificial transformation of fuel into fire. Yet precisely for this reason, fire demands an attention to continuity. Unlike any of the other elements, fire dies … a fire must be continually tended."


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Election deniers use Trump victory to sow more doubt over 2020 result
“This election denial grift has made a lot of people a lot of money, and so there are people who have a financial incentive to continue this grift, and so I wouldn’t be surprised if that’s some of what is happening here also,” he said.


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Can the Democrats salvage the House of Representatives? ? podcast
Donald Trump has won the presidency more comprehensively than expected. Republicans have flipped the Senate. However, the Democrats are still holding out hope that they can take control of the House of Representatives and prevent the president-elect from having legislative carte blanche.


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S&P 500 futures hold above 6,000 milestone as stocks ride higher after Trump's win
They will also closely monitor the University of Michigan's preliminary consumer sentiment survey data for November, which is due later in the day, and Federal Reserve Board Governor Michelle Bowman's speech.


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Stock market today: Stocks extend post-election rally as the Fed cuts interest rates
Powell said the election outcome will have "no effect" on the Fed's policy in the near future and reiterated that the Fed does not speculate on any administration's potential impact on the economy.


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The stock market is entering 'Crazy Town' as valuations reach generational high, Stifel says
Ultimately, Bannister believes that current stock market sentiment is nearing the point that typically marks the end of a bull expansion. Quoting the famed British investor Sir John Templeton, he added:


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Analysis-Is Goldilocks gone? Emerging markets face uncertain path under Trump
But overall, investors say the fear, market gyrations and risk aversion that followed Trump's 2016 win were less likely this time round - meaning developing countries and assets inside them with a good narrative can continue to attract capital.


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Chinese Yuan Slides, Stock Futures Whipsaw After Debt Swap Plan
“It appears that the authorities are kicking the can to December policy meetings,” said Homin Lee, senior macro strategist at Lombard Odier. “Finance Minister Lan is clearly keeping the door open for bank recapitalization and other central government-level stimulus measures.”


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Icahn plans raising stake in oil refiner CVR, WSJ reports
To fund this and other transactions, Icahn said he is cutting his firm's dividend payout for the second time since short-seller Hindenburg Research began shorting IEP's bonds last year, the report added.




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