New Mexico’s governor [Michelle Lujan Grisham] in Brazil for climate change conference
US Will Not Send High-Level Representatives to COP30, White House Says
New Mexico State Investment Council, Educational Retirement Board Vote Against Tesla CEO $1 Trillion Pay Package
The New Mexico State Investment Council (SIC) announced that it has directed its proxy, Northern Trust Asset Management, to vote against Tesla’s $1 trillion pay package proposed for CEO Elon Musk
and against the reelection of board members Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson.
Philip Morris International Publishes Updated Climate Transition Plan to Achieve Net Zero by 2040
Still trying?? And not even 2050?
Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he’ll ‘call him and offer my help’
Finally a good jamie dimon says??
Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger, but range anxiety is ‘stuck in people’s heads’
Mark Zuckerberg Visibly Upset When Billie Eilish Calls Out Greed of Billionaires
“We’re in a time right now where the world is really, really bad and really dark and people need empathy and help more than, kind of, ever, especially in our country. I’d say if you have money, it would be great to use it for good things, maybe give it to some people that need it. ... If you’re a billionaire, why are you a billionaire? No hate, but yeah, give your money away, shorties."
Saying 'please' and 'thank you' to ChatGPT costs OpenAI millions, Sam Altman says
MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history
CEO launches 9-month, full pay family leave for workers: ‘I love being called woke’
Aled Nelmes, Lumen SEO:
four-day workweeks, flexible hours
leadership page after Aled: 7 of 8 are women
Seven West CEO Jeff Howard’s $1.25m pay package faces shareholder revolt
this just made me laugh
Sam Altman is trying to get his deposit back for a Tesla Roadster he ordered in 2018
"I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait,"
California billionaires face proposed one-time wealth tax
California’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in federal funding cuts to healthcare.
The measure would need to garner more than 870,000 signatures by next spring in order to be placed on the November 2026 ballot
American Obesity Rates Are Now Falling, and It’s Almost Certainly Because of Ozempic
Or could this also be a reason: There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America
somebody has the guts to say it?
Bernie Sanders Calls for Breakup of OpenAI
"We need to take a deep breath and understand it’s like a meteor coming."
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New Mexico’s governor [Michelle Lujan Grisham] in Brazil for climate change conference
US Will Not Send High-Level Representatives to COP30, White House Says
New Mexico State Investment Council, Educational Retirement Board Vote Against Tesla CEO $1 Trillion Pay Package
The New Mexico State Investment Council (SIC) announced that it has directed its proxy, Northern Trust Asset Management, to vote against Tesla’s $1 trillion pay package proposed for CEO Elon Musk
and against the reelection of board members Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson.
Philip Morris International Publishes Updated Climate Transition Plan to Achieve Net Zero by 2040
Still trying?? And not even 2050?
Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he’ll ‘call him and offer my help’
Finally a good jamie dimon says??
Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger, but range anxiety is ‘stuck in people’s heads’
Mark Zuckerberg Visibly Upset When Billie Eilish Calls Out Greed of Billionaires
“We’re in a time right now where the world is really, really bad and really dark and people need empathy and help more than, kind of, ever, especially in our country. I’d say if you have money, it would be great to use it for good things, maybe give it to some people that need it. ... If you’re a billionaire, why are you a billionaire? No hate, but yeah, give your money away, shorties."
Saying 'please' and 'thank you' to ChatGPT costs OpenAI millions, Sam Altman says
MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history
CEO launches 9-month, full pay family leave for workers: ‘I love being called woke’
Aled Nelmes, Lumen SEO:
four-day workweeks, flexible hours
leadership page after Aled: 7 of 8 are women
Seven West CEO Jeff Howard’s $1.25m pay package faces shareholder revolt
this just made me laugh
Sam Altman is trying to get his deposit back for a Tesla Roadster he ordered in 2018
"I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait,"
California billionaires face proposed one-time wealth tax
California’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in federal funding cuts to healthcare.
The measure would need to garner more than 870,000 signatures by next spring in order to be placed on the November 2026 ballot
American Obesity Rates Are Now Falling, and It’s Almost Certainly Because of Ozempic
Or could this also be a reason: There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America
somebody has the guts to say it?
Bernie Sanders Calls for Breakup of OpenAI
"We need to take a deep breath and understand it’s like a meteor coming."
Kenvue is a target because Trump can’t say acetaminophen, billionaires want you to shut up and work, and more Disney
Business Pants
1 hour 2 minutes 51 seconds
1 month ago
Kenvue is a target because Trump can’t say acetaminophen, billionaires want you to shut up and work, and more Disney
Story of the Week (DR):
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott while some conservatives blasted FCC
Sinclair says it won't air Jimmy Kimmel on its stations after Disney announced his return
FCC Chair Brendan Carr defends ABC affiliate that's not showing 'Jimmy Kimmel Live!' despite his reinstatement
Nexstar joins Sinclair, says it will continue not to air Jimmy Kimmel
Disney investors demand internal records on Jimmy Kimmel's suspension, say the board may have breached duties
Disney investors say handling of Jimmy Kimmel suspension put politics over shareholders, demand records
Disney boss Bob Iger has gone from woke warrior to liberal lightning rod
MAGA furious at Disney and ABC over Jimmy Kimmel’s return: ‘They let the woke mob get to them’
Disney decides it hasn’t angered people enough, announces Disney+ price hikes
'There's no way we can afford $100,000': Small firms scramble over H-1B visa fees
Talent Drain: Skilled Immigrants Choose Canada Over U.S.
Indian IT Firms Recalibrate U.S. Strategy After Visa Shock
JPMorgan CEO Jamie Dimon expresses surprise and concern
Dimon said the hike “came out of the blue” and stressed that the U.S. still needs access to global talent. He has indicated the banking/finance sector may challenge or negotiate around the policy
Reed Hastings (Netflix) praises the policy
Hastings called the $100,000 fee a “great solution,” especially because he sees it as helping ensure that the H-1B program is used for “very high value jobs,” reducing reliance on a lottery system.
Silicon Valley leaders cautiously support the fee
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman praised the measure in terms of potentially simplifying the visa system and merit-based immigration
Altman: "We need to get the smartest people in the country, and streamlining that process and also sort of aligning financial incentives seems good to me"
Royal Bank of Canada's CEO Dave McKay said the US President's move to impose a $100,000 fee on H-1B visas is a win for Canada.
The 20 financial firms that could be hardest hit from Trump's new H-1B fee — from Goldman Sachs to Citi
Tylenol maker Kenvue battles fresh storm as Donald Trump links it to autism MM
Trump’s unfounded claims heap new stress on household brand name Tylenol
Trump, RFK Jr. distort facts on autism, Tylenol and vaccines, scientists say: "Sick to my stomach"
OB-GYN group calls Trump's remarks on acetaminophen 'irresponsible'
Kenvue Stock Recoups Losses After Trump Links Tylenol to Autism
Research tying Tylenol to autism lost in court. Then it won Trump's ear
Trump's 'tough it out' advice to expectant moms is the latest example of men opining on women's pain
The President and RFK Jr.’s dangerous war on science and mothers
The Shameful Spectacle of Trump and Kennedy Blaming Mothers for Autism
Autism Science Foundation: 'Shocking' move takes us 'straight back to when moms were blamed for autism'
'Acet…Aceto…': Trump Struggles To Say Medicine's Name, Links Autism To Painkiller
Anti-vaccine groups melt down over RFK Jr. linking autism to Tylenol
"We didn’t wait 20 years for Bobby to finally speak and then get served Tylenol as an answer," anti-vaccine group Georgia Coalition for Vaccine Choice wrote
Children's Health Defense (CHD) - the anti-vaccine group founded by Kennedy - retweeting a post on Monday: "THIS WAS NOT CAUSED BY TYLENOL."
Oracle names two CEOs in rare leadership shift after Catz exit
Lord Emperor Larry Ellison (65% influence and 42% voting power): he still gets $8.3M in pay despite owning ~$378B in Oracle stock. Is this even possible? He got security-related costs and expenses of $2,999,264 for his primary residence. Board chair
Former CEO and now Executive Vice Chair Safra Catz. She’s staying on the board.
221,974: (i) Company matching contributions under our 401(k) Plan of $5,100, (ii) flexible credits used towards covering the premiums for cafeteria-style benefit plans in the amount of $14,860, (iii) security-related costs and expenses to augment the existing security system at Ms. Catz’s primary residence, (iv) legal counsel fees and (v) aggregate incremental costs to Oracle of $200,086 for Ms. Catz’s use of Oracle’s private aircraft for non-business travel. This leaves $1,928 for legal fees and security: for a Larry:Safra We Love Him More Security Ratio of: ~3114:1
Catz still got $6.5M despite owning $2.8B of company stock
New co-CEO and director Clayton Magouyrk: joined Oracle in 2014, is 39
Mr. Magouyrk will receive a grant of stock options to purchase $250M in shares of Oracle common stock with 80% of the grant consisting of time-based stock options and 20% of the grant consisting of performance-based stock options (“PSOs”).
New co-CEO and director Michael Sicilia: joined Oracle in 2009, is 54
Mr. Sicilia will receive a grant of stock options to purchase $100M in shares of Oracle common stock with 80% of the grant consisting of time-based stock options and 20% of the grant consisting of PSOs.
Goodliest of the Week (MM/DR):
DR: MacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs DR
UNCF, as the nation’s largest private provider of scholarships to minority students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities
MM: Trump claims ‘sabotage’ at UN from escalator, teleprompter and mic
Turns Out Trump’s Own Team Messed Up U.N. Escalator and Teleprompter
Assholiest of the Week (MM):
American oligarchs
Murdoch’s TikTok? Trump offers allies another lever of media control
Larry Ellison’s Oracle set to spearhead U.S. oversight of TikTok algorithm
Elon Musk just sold Grok to U.S. government for 42 cents – and signals warmer ties with Trump
Mark Zuckerberg showed Google how to make Republicans happy
IN: Zuck, Musk, Ellison, Murdoch
OUT: Satya Nadella (too Indian), Tim Cook (too gay), Sundar Pichai (too Indian), Bezos (too bald), Jensen Huang (too Asian), women, blacks
See? TikTok deal won't include 'golden share' or equity for U.S., Trump administration says - he only takes a golden share or voting stake when the CEO is Japanese (Nippon Steel) or Chinese (Intel)
Disney - now everyone hates you!
Conservatives: MAGA furious at Disney and ABC over Jimmy Kimmel’s return: ‘They let the woke mob get to them’
Liberals: Disney boss Bob Iger has gone from woke warrior to liberal lightning rod
Affiliates: Nexstar joins Sinclair, says it will continue not to air Jimmy Kimmel
IRONY ALERT: In statement, Nexstar cited “diversity” as a reason why Kimmel is still off the air: “On Wednesday, Nexstar said it continues to evaluate the show and is speaking with Disney ‘with a focus on ensuring the program reflects and respects the diverse interests of the communities we serve.’”
Trump: Trump threatens to sue Disney-owned ABC over Jimmy Kimmel's return to TV
Investors: Disney investors demand internal records on Jimmy Kimmel's suspension, say the board may have breached duties
Everyone: Disney decides it hasn’t angered people enough, announces Disney+ price hikes
Stay in your place on the manufacturing line MM
First they say college is for losers, now they say so is being alive - just eat your cheap fatty protein adjacent meal and go to work
Ex-Google CEO Eric Schmidt warns U.S. tech workers: competing with China’s grueling 12-hour workdays means sacrificing work-life balance
Palantir CEO says Gen Z can either have a social life at age 20 or be successful—but they can’t do both
Charlie Kirk had a message for the over 2 million unemployed Gen Z NEET men: You don’t need college to make your dreams happen
BlackRock CEO Larry Fink said America could dodge a ‘retirement crisis’ by encouraging people to work longer
Don’t try to be funny at work unless you want to risk your job and any chance of ever getting promoted, management professors say
McDonald’s is supersizing its value menu to win back average Americans — could it be a sign of trouble ahead?
Girls, STOP APOLOGIZING for doing your jobs
Cracker Barrel CEO apologizes for logo, store changes
We conducted extensive research to inform our strategic plan. Well, what cannot be captured in data is how much our guests see themselves and their own story in the Cracker Barrel experience, which is what's led to such a strong response to these changes.
Translation: we had no idea how racist you all are
At least she didn’t apologize for everything that’s ever happened in the last hundred years like Vanessa Hudson apologizing for the boys behavior at Qantas
Look how it worked for her: Qantas cutting CEO pay signals new era of cyber accountability - has a dude EVERY HAD PAY CUT FOR ANYTHING
Headliniest of the Week
DR: Real American Beer collaborates with WWE for special Hulk Hogan collectible can: 'Hulkamania forever'
Hulk:
In leaked recordings Hogan was heard making homophobic remarks, using the N-word, making racist remarks, and openly admitting to being racist
WWE terminated their relationship with him temporarily, removed him from their website/Hall of Fame, following public backlash. Eventually, some reinstatement occurred.
Hogan’s ex-wife made public emotional abuse allegations and accusations of an affair with their daughter’s friend
During the WWF / Vince McMahon-related trial over steroids in wrestling, Hogan testified under immunity and admitted past steroid use back to 1976
He admitted to actively working against efforts to unionize professional wrestlers
Two divorces
Michelob Ultra overtakes Modelo Especial as best-selling beer in the U.S.
American subsidiary Anheuser-Busch Companies, LLC
Woke CEO Brendan Whitworth was a first lieutenant in the United States Marine Corps and then as an operations officer for the CIA's counterterrorism center. Woke!
Their leadership page of 15 executives also has a woke DEI hire! Chief People Officer Lindsay King
Belgian parent Anheuser-Busch InBev (AB InBev)
They are even worse than their American counterparts: of their 18 executive leaders, they have TWO DEI WOMEN: Chief Communications Officer Donna Lorensen and General Counsel Katherine Barrett. DEI gone crazy!
Both Michelob ULTRA and Bud Light are made by Anheuser-Busch Companies, LLC, a subsidiary of Anheuser-Busch InBev.
DR: Palantir CEO says Gen Z can either have a social life at age 20 or be successful—but they can’t do both & Ex-Google CEO Eric Schmidt warns U.S. tech workers: competing with China’s grueling 12-hour workdays means sacrificing work-life balance
MM: Tesla 'The Biggest Meme Stock' Ever? Expert Says 'Too Much Emphasis On The Magic Wand Of Musk'
Sharing thoughts on Musk's new compensation package, Yale School of Management Senior Associate Dean Jeff Sonnenfeld didn't hold back with the meme stock analogy.
THE SAME WIZARD IGER SONNENFELD
MM: ‘Black Swan’ author Nassim Taleb says your city’s new bike lane is the reason the economy sucks
Trump’s tariffs force resources into lower-margin activities, Taleb said, likening the policy to “asking a brain surgeon to do some gardening two days a week to avoid being ‘ripped off’ by professional gardeners.”
Who Won the Week?
DR: I-boo-proff-in, oh no, it’s not American!
MM: Jimmy Kimmel’s YouTube channel
Predictions
DR: Jimmy Kimmel takes Tylenol on air causing all remaining ABC affiliates to replace him with family-appropriate TV: Law & Order: Special Victims Unit which covers sex-based crimes (i.e. violence against women, now with commercials!)
MM: Victoria's Secret ditches woke rebrand and vows to return to 'unapologetically sexy' roots - after reading this headline, Webster’s Dictionary finally changes its definition of “woke” from “politically liberal or progressive (as in matters of racial and social justice) especially in a way that is considered unreasonable or extreme” to “anything including fat chicks, uggos, black people, and gays.”
Business Pants
New Mexico’s governor [Michelle Lujan Grisham] in Brazil for climate change conference
US Will Not Send High-Level Representatives to COP30, White House Says
New Mexico State Investment Council, Educational Retirement Board Vote Against Tesla CEO $1 Trillion Pay Package
The New Mexico State Investment Council (SIC) announced that it has directed its proxy, Northern Trust Asset Management, to vote against Tesla’s $1 trillion pay package proposed for CEO Elon Musk
and against the reelection of board members Ira Ehrenpreis, Joe Gebbia, and Kathleen Wilson-Thompson.
Philip Morris International Publishes Updated Climate Transition Plan to Achieve Net Zero by 2040
Still trying?? And not even 2050?
Some CEOs have vowed to revolt against a Zohran Mamdani win. Jamie Dimon says he’ll ‘call him and offer my help’
Finally a good jamie dimon says??
Nearly 70% of the miles of the 10 longest interstates is now within 10 miles of a fast EV charger, but range anxiety is ‘stuck in people’s heads’
Mark Zuckerberg Visibly Upset When Billie Eilish Calls Out Greed of Billionaires
“We’re in a time right now where the world is really, really bad and really dark and people need empathy and help more than, kind of, ever, especially in our country. I’d say if you have money, it would be great to use it for good things, maybe give it to some people that need it. ... If you’re a billionaire, why are you a billionaire? No hate, but yeah, give your money away, shorties."
Saying 'please' and 'thank you' to ChatGPT costs OpenAI millions, Sam Altman says
MacKenzie Scott gifts $80 million to Howard University, marking one of the school’s largest donations in its 158-year history
CEO launches 9-month, full pay family leave for workers: ‘I love being called woke’
Aled Nelmes, Lumen SEO:
four-day workweeks, flexible hours
leadership page after Aled: 7 of 8 are women
Seven West CEO Jeff Howard’s $1.25m pay package faces shareholder revolt
this just made me laugh
Sam Altman is trying to get his deposit back for a Tesla Roadster he ordered in 2018
"I really was excited for the car! And I understand delays. But 7.5 years has felt like a long time to wait,"
California billionaires face proposed one-time wealth tax
California’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in federal funding cuts to healthcare.
The measure would need to garner more than 870,000 signatures by next spring in order to be placed on the November 2026 ballot
American Obesity Rates Are Now Falling, and It’s Almost Certainly Because of Ozempic
Or could this also be a reason: There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America
somebody has the guts to say it?
Bernie Sanders Calls for Breakup of OpenAI
"We need to take a deep breath and understand it’s like a meteor coming."