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Business Pants
Free Float Media Inc.
298 episodes
4 days ago
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."
Show more...
Business News
Technology,
Business,
Investing,
News
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Kimmel’s back ex Sinclair, Oracle’s 4x CEOs, Office Depot’s gay wedding designer moment
Business Pants
51 minutes 12 seconds
1 month ago
Kimmel’s back ex Sinclair, Oracle’s 4x CEOs, Office Depot’s gay wedding designer moment
DAMION Oracle names two CEOs in rare leadership shift after Catz exit Who Will You Blame? 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. The writer of this article: Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect 80% of the grant consists of time-based stock options, hello?? AutoZone Stock Falls After Its Fifth Consecutive Earnings Miss Who Do You Blame? William Rhodes III: Executive Chair (2007-) and former CEO, causing serious leadership strain CEO Philip Danielle III (2024-) for being weak in the face of Rhodes III Earl Graves Jr.: the longest tenured director has served for over two decades and still has the indecency to call himself the “Lead Independent Director.” He’s also the chair of the Nomination so this is ostensibly his board. Linda Goodspeed: while all directors are pictured wearing bluish/mauvish-colored shirts in the company’s last proxy, Linda is wearing a red sweater over hers. Director Gale King for NOT being the same Gayle King that is Oprah’s best friend Shareholders: average 96% board support at last AGM The fact that there are 4 suffixes on this board: Jr., Jr. III, III, the same number as women. The depressingly low ~-20% gender influence gap (women have no leadership roles on this board, except for Linda’s red sweater) Michelob Ultra overtakes Modelo Especial as best-selling beer in the U.S. Who Do You Blame? Social media personality Dylan Mulvaney, for being alive and getting a can of beer Those woke idiots at the 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 Those woke idiots at the 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! Just all the stupid corporations that “Go woke, go broke” Oh wait: Both Michelob ULTRA and Bud Light are made by Anheuser-Busch Companies, LLC, a subsidiary of Anheuser-Busch InBev. Behind closed doors, our top CEOs say Trump is bad for business and it’s time to Make America into America Again Who Do You Blame? Shareholders: This year (2025) the average vote support for director elections in the S&P 500 is about 96.5% American corporate governance practices which permit nearly half of S&P 500 CEOs to also serve as board chairs—the very bodies intended to oversee their management: giving them unmatched power and ego Average S&P 500 CEO of about $19M, which financially protects them from the need to weigh in on political issues, left or right The US federal poverty line for 2025 is $15,650 per year, as established by the Department of Health and Human Services. So a 1214:1 pay ratio for those not in poverty: $15,651 Passive institutional investors in U.S. equities like BlackRock, Vanguard Group, and State Street Global, who hold the door open for company management Yale Professor Jeffrey Sonnenfeld, who eschews journalism in favor of being friends with important people and lets him write things like: “One CEO of a major U.S. manufacturing company explained to the group” and “A well-known business leader with a significant manufacturing footprint in the U.S. and abroad told the group” and “The head of a major U.S. multinational investment bank” The protected class continues 30-year-old billionaire college dropout recommends at least one year in higher education Who Do You Blame? The protected CEO billionaire class Elon Musk says college is “not for learning, but mostly for fun” and doesn’t require degrees at Tesla/SpaceX Peter Thiel: created the Thiel Fellowship, paying young people to drop out of college Mark Zuckerberg: In a 2025 interview, Zuck expressed skepticism about the effectiveness of college education in preparing students for today's job market Richard Branson, a college dropout, has often spoken about the value of practical experience over formal education, stating, "You don't learn to walk by following rules. You learn by doing, and by falling over." The VC BroBratClub Marc Andreessen has said traditional college is outdated compared to skills training Chamath Palihapitiya argues real-world problem solving is more valuable than degrees. The MAGA christian supremacists Charlie Kirk: college is “overrated” and emphasizes entrepreneurship, practical skills, and real-world experience over formal degrees. In June, when speaking to Turning Point USA’s 10th annual Young Women’s Leadership Summit, he encouraged attendees to trade feminism for femininity and to forgo a career to stay home and raise children Ben Carson: praised practical experience and self-directed learning over formal college for achieving success; praised Kirk's ability to "run circles around people with college degrees" Dave Ramsey, frequently advises young adults to focus on financial literacy, entrepreneurship, or trade skills rather than taking on debt for a college degree. All of the above The chorus of anti-college voices—from billionaire CEOs and MAGA pundits to Christian commentators—serves less as genuine guidance and more as a mechanism to preserve the power of the wealthy elite, discouraging widespread education and critical thinking so that the majority remain dependent, unempowered, and less capable of challenging the socioeconomic status quo MATT Disney says 'Jimmy Kimmel Live' will return to ABC on Tuesday - who do you blame?? Fearless Wizard Bob Iger - 24% influence, but let’s be honest, the board is in the bag entirely (100% of board members are connected, Iger is by far the most powerful person in the room) Derica Rice - board member at Target (who were attacked by citizen troll Robby Starbuck, rolled back DEI and pride merch as a result, then faced a boycott that have sunk the stores since) AND Disney (who were attacked by government troll Brendan Carr, rolled back free speech as a result, then faced a boycott that’s so far cost Disney 2% of its share price in 5 days) James Gorman - head of the “succession planning committee”, which exists despite having a nominating committee because the nominating committee was so compromised and did such a bad job they basically made a new committee with an ex-CEO who picked his own successor, who’s also chair of the board Consumers who boycott Disney Shareholders who demanded Disney restore Kimmel Yale Professor Jeff Sonnenfeld for his mushmouth declaration that Iger was right to yank Kimmel, prompting the world to say “why does anyone listen to Yale professor Jeff Sonnenfeld?” Sinclair says it won't air Jimmy Kimmel on its stations after Disney announced his return - who do you blame?? David Smith - nepobaby executive chairtoad, 25.4% voting power, toad face conservative sycophant Duncan Smith - nepobaby retired VP and secretary, 23.1% voting power, director Bob Smith - nepobaby retired VP and Treasurer, 21.8% voting power, director Dr. Fred Smith - nepobaby retired VP and oral surgeon, 10.8% voting power, amazing pivot from looking at teeth to owner of largest broadcaster because meritocracy Christopher Ripley, CEO of Sinclair and not a nepobaby, was once upon a time at UBS where he did some stuff on media or something… definitely not a figurehead Bob Iger for being too woke Office Depot workers refused to print a Charlie Kirk poster because he was a propagandist - who do you blame? The workers at Office Depot who took the Supreme Court decision that let a web designer refuse same-sex wedding work literally Office Depot, which probably should have been closed in 1997 anyway, which, “fired the employees and issued a public apology”, bending the knee to the will of Dear Leader Pam Bondi, who missed the day the Supreme Court said business COULD discriminate: “Businesses cannot discriminate. If you want to go in and print posters with Charlie’s pictures on them for a vigil, you have to let them do that,” she told Sean Hannity on Fox News, adding: “We can prosecute you for that.” Gays, who if they had JUST USED a gay web designer, the Supreme Court wouldn’t have had to rule on this and then contradict itself when it inevitably reverses its own 2023 precedent FedEx, whose employees (upon hearing Office Depot employee refused service due to Charlie Kirk’s overt racism and sexism while he was alive) printed the poster FOR FREE to SUPPORT Charlie Kirk, which surely discriminates against other white male racists who had to pay for their posters advertising their white male racism, right?
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."