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In midsized metros Metros with 250,000 to one million residents. An Emerging Divide Mobility has risen for college-educated workers, even as it has fallen for workers without a degree. College-educated workers leaving the most expensive parts of the country are also not spreading out equally everywhere — or even going to parts of the country that are struggling. Net migration among college graduates Loss Gain Among the 12 most expensive metros, net college migration has generally declined or turned negative. “Consumer cities,” as she puts it, are increasingly replacing “producer cities” as the places where college graduates want to live.

☆ Why the Fed will likely raise rates two days after First Republic failed
▼ + stars: | 2023-05-02 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —For the second time this year, the Federal Reserve is gearing up to raise interest rates right after a bank failure. When the Fed raises interest rates, banks need to raise the rates on their savings accounts in order to lure in depositors from their competitors. Why, then, is the Fed likely to raise interest rates on Wednesday? Fed wants to avoid ‘stop-and-go’ rate hikesThe Fed is raising interest rates to lower inflation. In the 1970s and early 1980s, the Fed flip-flopped between raising interest rates to get inflation under control and lowering rates to spur economic activity.

[1/2] A Tesla Model 3 vehicle drives on autopilot along the 405 highway in Westminster, California, U.S., March 16, 2022. Tesla denied liability for the accident and said in a court filing that Hsu used Autopilot on city streets, despite a user manual warning against doing so. "This case should be a wakeup call to Tesla owners: they can't over-rely on Autopilot, and they really need to be ready to take control and Tesla is not a self-driving system," he said. The Hsu trial unfolded in Los Angeles Superior Court over three weeks, with testimony from three Tesla engineers. The main question in Autopilot cases was who is responsible for an accident while a car is in driver-assistant Autopilot mode - a human driver, the machine, or both?

[1/2] A Tesla Model 3 vehicle drives on autopilot along the 405 highway in Westminster, California, U.S., March 16, 2022. It said in a court filing that Hsu used Autopilot on city streets, despite Tesla's user manual warning against doing so. The main question in Autopilot cases is who is responsible for an accident while a car was in driver-assistant Autopilot mode - a human driver, the machine, or both? That executive, Ashok Elluswamy, director of Autopilot software at Tesla, testified during the Hsu trial last week about the videotape. Also at issue in the Hsu trial is the airbag.

☆ Salesforce CEO asks if tech execs should 'unleash' their inner Elon Musk. Experts say that's an awful idea.
▼ + stars: | 2023-03-05 | by ( Grace Kay | ) www.businessinsider.com time to read: +6 min

Scott Latham, a strategic management professor at the University of Massachusetts Lowell, called Musk's leadership "incredibly dysfunctional." He said he's never seen a company recover from the type of drastic cuts Musk initiated at Twitter. "Every CEO in Silicon Valley has looked at what Elon Musk has done and has asked themselves, 'Do they need to unleash their own Elon within them?'" If you're going to have a successful company, you need good employees and good employees typically have options. "If more companies start treating their employees like Musk has, that would be a very grim future," Alon-Beck said.

☆ Elon Musk's lawyers are making closing arguments in a trial over his $56 billion pay package that could be decided as soon as today
▼ + stars: | 2023-02-21 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

A judge will hear the closing arguments in a trial over Elon Musk's $56 billion pay plan on Tuesday. A Tesla shareholder has sued Musk and the automaker with the goal of getting the pay plan rescinded. Lawyers for Musk and Tesla investor Richard Tornetta will begin presenting their final arguments on Tuesday at 1:30 p.m. Tornetta aims to get the pay package rescinded. The result of the trial could impact not only Musk's pay package, but his other companies as well, Anat Alon-Beck, assistant professor of law at Case Western Reserve University, previously told Insider.

☆ Iowa now has its own version of a 'Don't Say Gay' bill, requiring parental consent for nicknames that don't match a kid's 'biological sex'
▼ + stars: | 2023-02-14 | by ( Yelena Dzhanova | ) www.businessinsider.com time to read: +5 min

Iowa lawmakers are considering a bill to limit gender identity and expression in the classroom. The bill is similar to Florida's "Don't Say Gay" legislation, which forbids discussion of gender expression, identity, and sexual orientation in kindergarten classrooms through third grade. The text of the "Don't Say Gay" bill specifies that such discussions are not "age-appropriate or developmentally appropriate for students." The Iowa law would prohibit the discussion of gender identity from kindergarten through third grade. Limits on gender expression in the classroom can create a culture of fear, she said.

☆ Executions in U.S. continue decline but many ‘botched,' report says
▼ + stars: | 2022-12-16 | by ( The Associated Press | ) www.nbcnews.com time to read: +6 min

Kate Brown commuted the sentences of all 17 of the state’s death row inmates to life in prison without parole. There have been no federal executions since January 2021 following a historic use of capital punishment by the Trump administration. Dunham said he believes ongoing issues with botched executions or reviews of execution protocols by states is helping to erode public support of capital punishment. In 2000, Texas executions reached a high of 40, according to this year’s annual report by the Texas Coalition to Abolish the Death Penalty. Dunham said he believes the number of botched executions has contributed significantly to the movement among lawmakers, particularly conservatives, to express doubts about the death penalty.

☆ Heat pumps are an energy upgrade for homeowners that's becoming a climate and financial winner
▼ + stars: | 2022-12-10 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +3 min

Heat pumps are becoming more popular for residential housing with energy prices increasing and the need to reduce use of fossil fuel heating systems. Thinking about a home heat pump? The use of heat pumps will become more common as governments legislate their adoption. Here are four important things to know about upgrading your home to a heat pump system. "While there's an upfront cost, millions of homeowners would save money with a heat pump over the life of the device," he said.

☆ A new wave of companies is making testosterone easily available online. The authors of a recent study say there could be risks to patients.
▼ + stars: | 2022-12-09 | by ( Sarah Braner | ) www.businessinsider.com time to read: +6 min

A recent study reviewed seven companies that prescribe testosterone therapy online. These companies say that they make treatment more accessible for people who already suspect they have low testosterone. A new study shows that DTC companies do not all follow medical guidelinesThe new study encourages patients looking to get testosterone therapy online to educate themselves before taking the leap. The study found that six out of seven of the companies tested offered testosterone therapy to the shopper. The study was not meant to evaluate companies prescribing testosterone for gender affirming hormone therapy, which is a different process than testosterone replacement therapy.

☆ Elon Musk's trial over his $50 billion pay package at Tesla kicks off today, and the same judge from his Twitter court battle is overseeing the case
▼ + stars: | 2022-11-14 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Elon Musk's five-day trial in Delaware over his $50 billion Tesla pay package began Monday. A Tesla shareholder has sued Musk and the automaker, alleging his pay plan is unreasonable. Richard Tornetta, the "Dawn of Correction" heavy metal drummer and a Tesla shareholder, sued Tesla and Musk after the compensation plan was instituted in 2018. The company has since surpassed the metrics as its market value surged from $53 billion to over $690 billion, Musk's lawyers said in the court filing. The result of the five-day trial could impact not only Musk's pay package, but his other companies as well, Anat Alon-Beck, assistant professor of law at Case Western Reserve University, told Insider.

☆ Elon Musk says CEOs should tweet more, but his tweets have been a double-edged sword
▼ + stars: | 2022-11-14 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk told CEOs on Wednesday to tweet more as it has "worked quite well" for him. But, experts say posting on social media can cause major issues for executives and their brands. Ultimately, legal experts say posting on social media is too risky for most CEOs. Executives' comments on social media could also fail to translate to younger generations with different values and worldviews, said Anat Alon-Beck, a business law professor at Case Western Reserve University. So while Musk may have built up a huge following with his off-the-cusp tweets and jokes, for most CEOs, the risks of tweeting are likely too great.

☆ The clock is ticking for Elon Musk to buy Twitter — and he's running out of time
▼ + stars: | 2022-10-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

ET to close his deal with Twitter or a trial date will be set. If Musk becomes Twitter's new owner, Twitter will undergo a chapter of major change and likely layoffs. When Musk initially filed to end the court case and buy the company at the original price, Twitter appeared wary of the billionaire's intentions. The company has said it will not close the deal until Musk can prove he has funding in place. Last week, The Washington Post reported that Musk planned to cut about 75% of the company's staff.

Elon Musk could be facing up to $100 million in personal legal fees after renewing his offer to buy Twitter. Both Twitter and Musk employed over 50 lawyers in the months leading up to the trial. A lot of the cost, of course, is going straight to the lawyers and major firms Musk and Twitter employed. He added that hourly billing is unlikely to be how Musk and Twitter were solely charged in this case. Are you legal professional involved in Musk vs. Twitter or someone with insight to share?

☆ Ohio's new abortion law forces doctor to fight to protect her patient's life
▼ + stars: | 2022-09-22 | by ( Elizabeth Cohen | Danielle Herman | ) edition.cnn.com time to read: +10 min

After careful consideration, Tara and Justin chose to terminate the pregnancy, both to protect Tara's life and to prevent Griffyn from suffering. But she says she consulted with a hospital lawyer, who said Tara couldn't get the abortion because of the new Ohio law. "I literally have never felt more helpless in my life," Justin added. In her email, Whitmarsh said that protections for the mother are "extremely clear" under Ohio law and that "the life of the mother is protected by the law undeniably." She explained that she then had "an abortion to save my life for a baby that had absolutely no chance."

☆ Why Joe Biden thinks he's never too old to be your president
▼ + stars: | 2022-09-13 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +28 min

As the oldest sitting president, he's raising concerns about how long he can continue governing. Republicans — including Trump — have gleefully seized on Biden's verbal misadventures, such as when he called his vice president "President Harris." President Joe Biden drives the Ford's new all-electric F-150 Lightning in Dearborn, Michigan. Ruggerio described the idea that Joe Biden is diminished or can't remember things as "bull crap." Cox said that while he thinks Biden is "still Joe" and still capable, he worries that Biden's age is a problem.

☆ Boards are looking for CEOs with high emotional intelligence, new research shows. Here's how to develop the skill.
▼ + stars: | 2022-08-24 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +5 min

A new study found that boards look for CEOs with high emotional intelligence. Emotional intelligence is one's ability to understand how people feel and react to make decisions. Managers with high emotional intelligence were found to be 11% more successful in completing projects than those who said they ranked low in emotional intelligence, according to research conducted by software reviews platform Capterra published in January. What emotional intelligence looks like and how to build itThere are multiple parts to emotional intelligence leaders (and managers in general) can work to improve. "One part of emotional intelligence is asking for feedback and being able to accept that feedback.

☆ Peter Thiel ran an SAT side hustle in high school and charged $500 to take the test for people, according to a former classmate
▼ + stars: | 2021-09-21 | by ( Dorothy Cucci | ) www.businessinsider.com time to read: +8 min

Those who knew him in grade school say Thiel was a "joyless" childOne of Thiel's classmates told Chafkin, "I can't remember him laughing. In his senior year of high school, Thiel took the SAT for underclassmen for $500 each, according to a classmateThiel, whose own scores were near perfect, seemed bored and careless by the end of high school. Though he knew it could cost him his spot at Stanford, Chafkin says Thiel made an "unbelievably risky" move and started the lucrative side hustle. While at Stanford, Thiel argued that his peers' anti-apartheid positions were overblown and, according to Chafkin, Thiel told a Black student that apartheid "works." A man who used to play with him told Chafkin that Thiel "liked that quiet control" of determining the reality of the game.

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