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."
RIP shareholder proposals (or views), Marc Benioff needs an off switch, and hot women hate cybertrucks
Business Pants
55 minutes 39 seconds
3 weeks ago
RIP shareholder proposals (or views), Marc Benioff needs an off switch, and hot women hate cybertrucks
Story of the Week (DR):
Blowhard CEOs:
Cerebras CEO Andrew Feldman says you can't 'build something extraordinary' working 38 hours a week
Sam Altman Says If Jobs Gets Wiped Out, Maybe They Weren’t Even “Real Work” to Start With
Marc Benioff Says Trump Should Send Guard Troops to San Francisco
Ron Conway skewers Mark Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’
Peter Thiel says he warned Elon Musk to ditch donating to The Giving Pledge because Bill Gates will give his wealth away ‘to left-wing nonprofits’
JPMorgan CEO Jamie Dimon Says There's a 'Heightened Degree of Uncertainty'
Best Buy’s CEO says growing spending power gap between affluent and poor ‘keeps me up at night’
Billionaire bosses like Jeff Bezos and Reid Hoffman denounce work-life balance—and some think working nonstop is key to success
Logitech CEO Hanneke Faber says she would consider adding an AI agent to her board of directors
Plaid CEO says 'it's inevitable AI will drive our financial lives'
Perret graduated from Duke University (BS, Chemistry, Biology) and previously served on the board of trustees
Verizon exec tells unemployed Gen Z they can always volunteer to stand out in the current bleak job market: ‘No one’s going to say no to free work’
chief talent officer Christina Schelling
Figure AI CEO Brett Adcock says the robotics company is building 'a new species'
Adcock received a Bachelor of Science in Business Administration from the University of Florida
LendingTree founder and CEO dies unexpectedly in weekend ATV accident at age 55
Douglas Lebda: Chair/CEO, 20% shares, 78% influence
Lead Independent DIrector Steven Ozonioa: Chairs Audit Committee and Chairs Compensation Committee; now the longest-tenured director (2011)
SEC To Discourage ESG Shareholder Proposals MM
Glass Lewis to End Share Voting Guidance Opposed by Republicans
Glass Lewis & Co. is ending its decades-long practice of providing recommendations for shareholder votes after receiving criticisms from Republican leaders for promoting pro-environmental, social and governance issues.
Starting with the 2027 annual shareholder season, Glass Lewis will no longer give a “house view” on how investors should vote, according to a paper released by the firm.
Instead, the firm’s more than 1,300 clients who oversee a combined $40 trillion will be making their own decisions on corporate resolutions.
Glass Lewis had previously given voting recommendations for more than 30,000 annual meetings on everything from executive pay to climate goals. The research firm said 55% of US investors voted based on its guidance. In Europe, about a quarter followed the house view.
Meta removes Facebook page allegedly used to target ICE agents after pressure from DOJ
Duke University Has Officially Ended Its Full-Ride Scholarship For Black Students In Need Of Financial Assistance
Board of Trustees (34: 14F20M)
Duke President and Students (4):
Vincent E. Price, President, Duke University
Andrew Greene
*Sydney Hunt
Rickard Stureborg
God people from the same church (2):
*Gregory V. Palmer – Retired Bishop, The United Methodist Church
*Connie Mitchell Shelton – Bishop, United Methodist Church
A journalist who also sits on the board of an insurance company (1):
Ann Pelham – director of Canal Insurance Company since 2004
Business Bros (27)
Adam Silver – Commissioner, National Basketball Association
Mary T. Barra – Chair and CEO, General Motors Company
Eddy H. Cue – SVP of Services, Apple
Amy Abernethy – Co-Founder, Highlander Health
Melissa Bernstein – Co-Founder, Melissa & Doug; Co-Founder, Lifelines
Michael J. Bingle – Vice Chairman, Silver Lake Group
*Lisa M. Borders – CEO, LMB Group, LLC
Tim Cook – CEO, Apple
Nancy-Ann DeParle – Managing Partner & Co-Founder, Consonance Capital Partners
Andrew H. Dillon – Attorney and Shareholder, Nathan Sommers Gibson Dillon
Anne Faircloth – President, Faircloth Farms
*Grant H. Hill – Chairman, Hill Ventures
Kathryn A. Hollister – Retired Partner, Deloitte
*Karen M. King – Managing Director & COO, Silver Lake
Garheng Kong – Founder & Managing Partner, HealthQuest Capital
Thomas H. Lister – Retired Senior Partner and Co-Managing Partner, Permira
Sharon Marcil – Managing Director & Senior Partner & North America Regional Chair, Boston Consulting Group
Patricia R. Morton – formerly of JPMorgan and Deutsche Bank
David R. Peeler – Senior Advisor, Berkshire Partners
J.B. Pritzker – Governor, State of Illinois (public official, but also billionaire businessman)
Michael G. Rhodes – CEO, Ally Financial
Nancy M. Schlichting – Retired CEO, Henry Ford Health System (corporate/health system executive)
Michael R. Stone – Firm Partner, TPG (private equity executive)
L. Frederick Sutherland – Retired EVP & CFO, ARAMARK Corporation
David S. Taylor – Senior Advisor, Clayton Dubilier & Rice LLC
Jeffrey W. Ubben – Founder & Managing Partner, Inclusive Capital Partners
James C. Zelter – President, Apollo Global Management
Goodliest of the Week (MM/DR):
DR: CEOs get something right?
Mark Cuban Urges Companies To Share Stock Options With Employees Amid Rising CEO Pay Gap
Home Depot founder Arthur Blank donates $50 million to Atlanta’s historically Black colleges and universities via foundation
Howard Schultz said he's Worried — 'with a big W' — about AI
He drew parallels between the speed at which social media progressed, how regulation around social media lagged behind, and warned that AI is on the same trajectory.
MM: Ron Conway skewers Mark Benioff in board resignation after 25 years: ‘I now barely recognize the person I have so long admired’ DR
MM: Houston American Energy Declassifies Board of Directors MM
Assholiest of the Week (MM):
Marc Benioff DR
Marc Benioff Says Trump Should Send Guard Troops to San Francisco
Democrat, Republican - is there an off switch for billionaires?
He said it at the Dreamforce conference - the Salesforce conference where they talk about AI and stuff
In 2023, he threatened to take the conference to another city because of homelessness and drug use in the city
At the time he made the threat, he was worth 8bn
POPULIST MATH
There are an estimated 8,000 or so homeless people in SF
The median home price in Oakland is 800k
If he bought EVERY homeless person a house, including the children, in cash, he would still be worth 4bn today
He posted this last night - “safest Dreamforce ever” with a picture of him and a cop… so, national guard?:
Maybe he meant he needs the National Guard at Salesforce’s offices: Salesforce linked security breach fallout escalates with qantas leak - an estimated 1 BILLION records were hacked
The labor con job
Verizon exec tells unemployed Gen Z they can always volunteer to stand out in the current bleak job market: ‘No one’s going to say no to free work’
Yeah, just work for free, it’ll be good for you!
Gen Z’s misery is real: Most workers in this economy lack a voice and are stuck in low-quality jobs, a massive Gates-backed study finds
Yeah, but just work for free!
There’s a shocking disparity between how high-income and low-income earners feel about the economy
Why? Working for free is like, really good for your resume and gap time!
Sam Altman Says If Jobs Gets Wiped Out, Maybe They Weren’t Even “Real Work” to Start With
Right! Your work was fake, so go work for free! Starving is much realer than your job was.
Gavin Newsom
Gavin Newsom Vetoes Bill to Protect Kids From Predatory AI
Sam Altman
Sam Altman says OpenAI isn't 'moral police of the world' after erotica ChatGPT post blows up
Headliniest of the Week
DR: Divorced Tesla Fan Admits That His Cybertruck Is Repulsive to Women
DR: Lay’s drastically rebrands after disturbing finding: 42% of consumers didn’t know their chips were made out of potatoes
MM: DirecTV screensavers will show AI-generated ads with your face in 2026
I mostly find it funny that DirecTV still exists
MM: Victoria’s Secret Fashion Show Is Back to Featuring Hot Women After Failed Woke Rebrand
Now women of every size and color can be reminded how ugly they are because finally Victoria’s Secret’s won’t put them on a runway
Who Won the Week?
DR: Ugly or non-ugly women who divorce men who own Cybertrucks
MM: Men without cybertrucks
Predictions
DR: Glass Lewis rebrands itself simply as Glass
MM: Sam Altman is elected Moral Police Sergeant
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."