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☆ George Santos hints that $500k 'personal' loan to campaign wasn't his own money, raising campaign-finance violation concerns
▼ + stars: | 2023-01-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

The amended filings reveal that a $500k "personal" loan to his 2022 campaign wasn't personally funded. Experts say the amended filings add to the mystery of Santos' questionable financial disclosures. The initial filing showed a box for "personal funds of the candidate" was checked on the entry for the hefty campaign loan, whereas the amended filing leaves that box empty. Campaign-finance experts told The New York Times that the revised filings only add to the mystery of Santos' financial disclosures. Brett G. Kappel, an elections lawyer who focuses on campaign finance and ethics, told The Times that the amended filings raise the possibility of illegality.

Live Nation Entertainment is composed of Live Nation, an events promoter and venue operator, and Ticketmaster, a ticket sales giant. This is not the first time consumers have called for the breakup of Ticketmaster and Live Nation. While Live Nation Entertainment arguably has a monopoly on the industry, a monopoly in itself is not illegal in the United States. The band regularly interacts with Live Nation Entertainment. It’s unclear what's next for Live Nation Entertainment.

But to reach its ultimate destination - supermarket shelves - cultivated meat faces big obstacles, five executives told Reuters. California-based cultivated meat company GOOD Meat already has an application pending with the FDA, which has not been previously reported. Regulatory approval is just the first hurdle for making cultivated meat accessible to a broad swath of consumers, executives at UPSIDE, Mosa Meat, Believer Meats, and GOOD Meat told Reuters. But it will take hundreds of millions of dollars for GOOD Meat, for example, to build bioreactors of the size needed to make its meat at scale, Tetrick said. But cultivated meat companies have the advantage that they can claim their product is real meat, Tetrick said.

☆ Four troubling global trade trends flashing consumer weakness for a market already fearing recession
▼ + stars: | 2023-01-13 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +2 min

The flow of trade is a real-time and forward-looking indicator of consumer spending and the economy because it shows supply, demand, and consumption. 1: Warehouse inventory and ratesWarehouse inventory is a good indicator of the health of the consumer because it gauges how much product is sitting in storage. The more product sitting in storage, the more it takes up valuable space and increases the price of storage. "Based on the inventory, we see more consumers purchased online rather than in-store," said Jordan Brunk, chief marketing officer of WarehouseQuote.com. "We had more e-commerce inventory from the warehouse than inventory heading to the brick-and-mortar stores."

☆ What the latest warehouse data is signaling about inflation and the economy
▼ + stars: | 2023-01-12 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +1 min

National warehouse storage rates remain elevated, but the prices did not rise quarter over quarter in Q4 2022, according to WarehouseQuote's just-released Warehouse Pricing Index report. "Rates remain at these levels as a result of warehouse inventories not coming down significantly in November and December," said Jordan Brunk, chief marketing officer of WarehouseQuote. Even as supply chain inflation slows, warehouse rates are high because there is a lot of inventory, which leaves less available space. Historic inventory levels occurred last year as companies brought in a lot of supply thinking the consumer would continue to buy. As a result, inventory builds have dropped, "but we still have a ways to go before reaching 'normal' inventory levels," WarehouseQuote said in the report.

☆ Live Updates: Georgia Voters Head to Polls for Final Say on Warnock vs. Walker
▼ + stars: | 2022-12-06 | by ( Jonathan Weisman | ) www.nytimes.com time to read: +11 min

Mr. Warnock consolidated Democratic voters, while Mr. Walker struggled to rally his party behind him. Mr. Walker was wrapping up a campaign that appears to have failed to consolidate the disparate wings of his party. Image Mr. Warnock spoke on Monday in Atlanta at the SWAG Shop barbershop with Killer Mike, the rapper. Credit... Nicole Craine for The New York TimesMr. Kemp kept some distance from Mr. Walker during the general election. Mr. Mathews said he planned to cast his ballot Tuesday for Mr. Walker.

☆ How two entrepreneurs are using data to make the food industry more environmentally friendly
▼ + stars: | 2022-12-01 | by ( Sponsor Post | Created Insider Studios With Ibm | ) www.businessinsider.com time to read: +5 min

Two entrepreneurs are using data to help minimize food waste by placing sensors at different points in the supply chain. Their company Strella aims to make the food industry more environmentally friendly while helping suppliers save money. No one wants to waste food, Sizov said, so growers, suppliers, and retailers have all been interested in getting involved. "The carbon emissions on food waste are greater than all transportation combined, which is crazy because we think about cars as being a huge problem," she said. For Sizov, creativity begins with recognizing a large-scale problem, such as food waste, then using a novel idea or approach to tackle it.

☆ Elon Musk’s Twitter Politics Add to Pressure on Tesla’s Brand Image
▼ + stars: | 2022-11-29 | by ( Patrick Coffee | Rebecca Elliott | ) www.wsj.com time to read: +6 min

Self-identifying Democrats in particular have soured on the car maker since Mr. Musk bought Twitter for $44 billion in late October, according to data from research firm Morning Consult. Mr. Musk, who plays a large role in the public image of Tesla and now Twitter, on Nov. 7 urged voters to back Republicans in the midterm elections. Net favorability is the percentage of respondents with positive perceptions of a brand minus the percentage with negative perceptions. Tesla also has millions of active supporters online, as does Mr. Musk. More than 94% of U.S. adults are now familiar with Mr. Musk, up from about 75% one year ago, according to Mr. Marlatt of Morning Consult.

☆ These are the four leadership styles in business — and when each one works best
▼ + stars: | 2022-11-26 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Robert Jordan and Olivia Wagner, authors of "Right Leader, Right Time," say there are 4 leadership styles: fixers, artists, builders, and strategists. In their book "Right Leader, Right Time: Discover Your Leadership Style for a Winning Career and Company," they identity four types of business leaders: fixers, artists, builders, and strategists. Here are the four types of business leaders Jordan and Wagner identified:The fixerWhen things are turbulent, it's time to bring in the fixer. Like the fixer leader, the builder doesn't usually stick around forever, often leaving for another organization once the job is done to start over again. Knowing who is right — and whenTo make the best leadership decisions, companies should frequently take stock of where they're at and where they're headed.

☆ Shares rise, U.S. Treasury yields drop as Fed minutes suggest slower rate hikes
▼ + stars: | 2022-11-23 | by ( Chibuike Oguh | ) www.reuters.com time to read: +3 min

A "substantial majority" of Fed policymakers agreed it would "likely soon be appropriate" to slow the pace of interest rate hikes, the meeting minutes showed. Traders had expected the Fed minutes would affirm officials' softening stance after recent data showed a moderation in economic conditions. U.S. Treasury yields traded lower after the Fed minutes. The U.S. dollar fell across the board after the Fed minutes. Gold prices climbed as the U.S. dollar fell.

☆ How Nike's Air Jordan 1 became — and remained — the most prized lifestyle sneaker
▼ + stars: | 2022-11-19 | by ( Matthew Kish | ) www.businessinsider.com time to read: +8 min

Nike on Saturday will release the Air Jordan 1 Chicago "Lost and Found"Some collectors consider it the "most iconic sneaker of all time." "The Air Jordan 1 is the most iconic sneaker of all time," said Jordan Geller, a sneaker collector and former owner of the ShoeZeum who in 2020 sold a pair worn by Jordan for a record $560,000. Michael Jordan wearing the Air Jordan 1 in 1985. AP Photo/Marcio Jose SanchezScarcity, storytelling, collaborations and the "Last Dance"After 1985, The Air Jordan 1 didn't re-release in original specs until 1994. "All of those releases are coveted by sneaker collectors and the 'Lost and Found' Air Jordan 1 will be as well," Geller said.

☆ How TikTok and the music industry are bound to each other as 'frenemies,' even as they battle over licensing
▼ + stars: | 2022-11-17 | by ( Dan Whateley | ) www.businessinsider.com time to read: +10 min

All of these promotional functions have benefited the music industry, boosting streams on platforms like Spotify or Apple Music and helping artists grow their fan bases. The company filed a US trademark application in May for a potential music-streaming product called "TikTok Music," Insider first reported. Licensing negotiations to either expand Resso or introduce TikTok Music into other markets are underway, a person with direct knowledge of the process told Insider. Licensing negotiations are nearly constant in the music industryByteDance and TikTok already have existing agreements in place with major record labels and publishers like Warner Music Group, Sony Music Entertainment, the National Music Publishers' Association, and ICE. Last quarter, YouTube's head of music wrote that the company paid out $6 billion to the music industry over a 12-month period.

☆ Storm clouds gather over the pound as focus turns back to dire economy
▼ + stars: | 2022-11-02 | by ( Harry Robertson | ) www.reuters.com time to read: +4 min

The good news for new Prime Minister Rishi Sunak is that few analysts now expect the pound to fall below parity with the dollar. A warm October has helped natural gas prices fall but a cold winter could drive up the cost of Britain's energy imports again, said Jordan Rochester, currency strategist at Nomura. DOLLAR PRESSURENot all strategists think the pound will return to near the lows seen in September. "The global economy is slowing down and heading for a recession and in such a scenario, the U.S. dollar does tend to outperform," said Alvin Tan, a senior currency strategist at RBC. Further rate hikes from the Federal Reserve, including on Wednesday, are also likely to support the dollar, he said.

☆ Eric McCormack, Sean Hayes, RuPaul and other celebrities react to Leslie Jordan's death
▼ + stars: | 2022-10-24 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —The unexpected passing of television star and social media darling Leslie Jordan has spurred a flood of heartfelt tributes. The actor died on Monday, his talent agent Sarabeth Schedeen told CNN in a statement. Jordan’s most recognizable credit was his time on “Will & Grace” as Beverley Leslie, a role he reprised throughout the show’s run, including its recent reboot. Co-star Eric McCormack posted two tributes to Jordan on his Instagram, with one showing showing the pair performing for the cameras on the show. “Crushed to learn about the loss of @thelesliejordan, the funniest and flirtiest southern gent I’ve ever known,” McCormack wrote in the caption.

President Joe Biden last week doled out $2.8 billion to miners developing new U.S. sources of lithium, nickel, copper and other EV minerals, as well as battery parts manufacturers and recyclers. Those grants followed August's Inflation Reduction Act, which links EV tax credits to minerals extracted domestically or from 20 allies. "People have a misconception about how quickly we can get mines up and running given the U.S. permitting process," said Megan O'Connor, Nth Cycle's CEO. "Hopefully, they'll give us some help and fast track some of the permitting process," said Kent Masters, Albemarle's CEO. The yawning divide between America and China's approaches to funding the EV supply chain is now a top concern for many policymakers and their advisers in the nation's capital.

☆ In one North Carolina community, mental health workers respond to 911 calls
▼ + stars: | 2022-10-07 | by ( Nadia Kounang | ) edition.cnn.com time to read: +9 min

As one recent caller to the 911 center in Durham, North Carolina, said: “I feel kind of dangerous to myself. It’s often linked to someone who is unhoused and dealing with substance use and mental health problems. The most significant concern: a lack of training and awareness from police on how to deal with mental health issues. The KFF CNN Mental Health Survey was conducted by SSRS from July 28 through August 9 among a random national sample of 2,004 adults. Mental health already carries a stigma, and the presence of law enforcement officers in marked cars can add to that.

☆ New York’s Landmark AI Bias Law Prompts Uncertainty
▼ + stars: | 2022-09-21 | by ( Richard Vanderford | ) www.wsj.com time to read: +7 min

“If you are an organization that’s using some type of these tools…it can be pretty confusing.”The city law will potentially impact a large number of employers. New York City in 2021 had just under 200,000 businesses, according to the New York State Department of Labor. AI technology can help businesses hire and onboard candidates more quickly amid a “war for talent,” said Emily Dickens, SHRM’s head of government affairs. Which is scary,” Ms. Zuloaga said, adding that she supports the scrutiny AI systems have started to receive. Some critics have argued the New York law doesn’t go far enough.

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