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☆ This is 'the end of the beginning' of the battle against inflation, economist says
▼ + stars: | 2023-07-10 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Drew Angerer | Getty Images News | Getty ImagesCentral banks are at "the end of the beginning" in their battle against inflation, as several factors keep core prices persistently high, according to top Societe Generale economist Kokou Agbo-Bloua. U.S. inflation cooled in May to an annual 4%, its lowest annual rate in more than two years, but core inflation rose by 0.4% month-on-month and 5.3% year-on-year. In assessing the current state of global policymakers' efforts to tame inflation, Agbo-Bloua quoted former British Prime Minister Winston Churchill's remarks in a 1942 speech: "Now this is not the end. It is not even the beginning of the end. He suggested that this has helped to keep the labor market resilient, which will likely extend this lag time.

Persons: Jerome Powell, Drew Angerer, Kokou Agbo, Bloua, Winston Churchill's, we're Organizations: Federal Reserve, Federal, Market, Getty, Societe Generale, British, CNBC Locations: Washington ,, Ukraine, Agbo

☆ The Supreme Court makes almost all of its decisions on the 'shadow docket.' An author argues it should worry Americans more than luxury trips.
▼ + stars: | 2023-07-07 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

The Supreme Court makes nearly all its decisions on the emergency relief docket or "shadow docket." What is the Supreme Court 'shadow docket?' Capitol Police watch an abortion-rights rally from behind the security fence surrounding the Supreme Court on June 23, 2022. Public trust in the Supreme Court is at a historic lowNadine Seiler attends a rally for voting rights while the U.S. Supreme Court hears oral arguments in the Moore v. Harper case December 7, 2022. The dangers posed by the shadow docket are more perilous than the wrongs of individual justices, Vladeck argues, because the shadow docket's ills are inherently institutional.

Persons: Steve Vladeck, —, Vladeck, Sonia Sotomayor, Clarence Thomas, John Roberts, Amy Coney Barrett, Neil Gorsuch, Brett Kavanaugh, Scott Applewhite, mifepristone, William Baude, Nathan Howard, it's, Ruth Bader Ginsburg, Anthony Kennedy, Stephen Breyer, Elena Kagan, Ketanji Brown Jackson, Joe Biden's, Chip Somodevilla, Roe, Wade, Obama, Bush, Trump, Nadine Seiler, Harper, Drew Angerer, stokes Organizations: Service, Supreme, Supreme Court, AP, University of Chicago, Capitol Police, Getty, Former, — Locations: United, Joe Biden's State, Texas, U.S, Moore

☆ Nearly all of the Supreme Court's decisions are made on the 'shadow docket.' It poses an even bigger ethical concern than luxury trips and disclosure forms.
▼ + stars: | 2023-07-06 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +10 min

The Supreme Court makes nearly all its decisions on the emergency relief docket or "shadow docket." What is the Supreme Court "shadow docket?" The court's emergency docket is where justices make quick decisions to address emergency relief requests and other procedural matters. But the vast majority of orders that reach the emergency docket are of little interest to the general public. The dangers posed by the shadow docket are more perilous than the wrongs of individual justices, Vladeck argues, because the shadow docket's ills are inherently institutional.

Persons: Steve Vladeck, —, Vladeck, mifepristone, William Baude, Nathan Howard, it's, Ruth Bader Ginsburg, Roe, Wade, Obama, Bush, Trump, Nadine Seiler, Harper, Drew Angerer, stokes Organizations: Service, Supreme, Supreme Court, University of Chicago, Capitol Police, Getty, — Locations: Texas, U.S, Moore

☆ Smoke will keep pouring into the US as long as fires are burning in Canada
▼ + stars: | 2023-07-01 | by ( Alaa Elassar | ) edition.cnn.com time to read: +17 min

Massive fires burning in remote areas – like some of those currently burning in northwestern Quebec – are often too out of control to do anything about. Ed Jones/AFP/Getty Images Smoke from wildfires in Canada shrouds the view of the Statue of Liberty on Friday in New York. Jim Watson/AFP/Getty Images Smoke and haze is seen from the Lincoln Memorial in Washington, DC, on Tuesday, June 27. Matt McClain/The Washington Post/Getty Images Smoke from Canadian wildfires obscures the visibility in Pittsburgh on June 8. Another issue is the increase in the wildfires are caused by climate change, and are simultaneously making climate change worse.

Persons: ” Robert Gray, you’ve, they’re, “ There’s, don’t, ”, Daniel Perrakis, ” Gray, Shiraaz Mohamed, Gray, “, ” Perrakis, Ed Jones, David Dee Delgado, Gary Hershorn, Haze, Gene J, Jim Watson, Megan Smith, Kamil Krzaczynski, Cpl Marc, Andre Leclerc, Drew Angerer, Shannon Stapleton, Ronald Reagan, Saul Loeb, Matt McClain, Emmalee Reed, Hannah Beier, Mandel Ngan, New York City, Timothy A, Clary, Mike Segar, John Minchillo, Shanita Hancle, Seth Wenig, Matt Rourke, Ting Shen, Matt Slocum, Amr Alfiky, John Meore, Leah Millis, George Washington, Peter Carr, Yuki Iwamura, Kareem Elgazzar, Carlos Osorio, Frank Franklin II, Merrily Cassidy, Spencer Colby, Jason Rock, BJ Fuchs, Anne, Sophie Thill, we’ve, it’s Organizations: CNN, Canadian Forest Service, Firefighters, Getty, ” “, Nature Conservancy, Rockefeller Center, North, Corbis, PNC Park, Major League Baseball, Pittsburgh Pirates, San Diego Padres, Traffic, Chesapeake, Lincoln Memorial, USA, People, Canadian Forces, Reuters, BC, Service, Xinhua, Ronald Reagan Washington National Airport, Washington Post, Bloomberg, Capitol, Trade, AP Transit, T, Alberta Wildfire, New, New York City, Getty Images Workers, Citizens Bank, Philadelphia Phillies, New York Yankees, Empire, George Washington Bridge, New York State Thruway, Cincinnati Enquirer, Cape Cod Times, Anadolu Agency, Canadian Press, AP, Wildfire Service, Communications, Space, NASA, Reuters Firefighters, Kamloops Fire Rescue, Shining Bank Locations: Wisconsin, Vermont, North Carolina, Canada, Quebec, Canadian, British Columbia, Alberta, Ontario, Mexico, Costa Rica, Chile, Spain, Australia, New Zealand, South Africa, South Korea, France, AFP, New Jersey, Manhattan, New York, North America, New, Pittsburgh, Stevensville , Maryland, Washington ,, Chicago, Lake Michigan, Mistissini, Ronald Reagan Washington, Arlington , Virginia, Washington, Philadelphia, Elmont , New York, Baltimore, Evansburg , Alberta, Brooklyn , New York, Piermont , New York, Fort Lee , New Jersey, George, West Nyack, New York's, New York City, Cincinnati, Rock Harbor, Massachusetts, Cape Cod, Ottawa, Fort Nelson, Shelburne County , Nova Scotia, Communications Nova Scotia, Shelburne , Nova Scotia, Fort St, John, Kamloops, Shining Bank , Alberta, Lytton

☆ Don't say anti-gay: As GOP approval for same-sex relationships plummets, Republican senators insist they're only coming after trans rights, not gay rights
▼ + stars: | 2023-06-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

GOP senators insist they don't hear about it from their voters — and that trans issues are different. "You mentioned that eight years ago, the Obergefell decision created a constitutional right to same-sex marriage," said Graham. Since the 2015 Obergefell v. Hodges Supreme Court decision, same-sex marriage has largely faded as an issue targeted by Republicans, at least at the national level. "To be honest, I don't hear a lot about that issue," Sen. Josh Hawley of Missouri, one of the more eager Republican culture warriors, said of same-sex marriage. Still, support for the legality of same-sex marriage remains broadly popular — it's not the potent wedge issue it once was, such as during the 2004 presidential campaign when President George W. Bush campaigned on a constitutional amendment to ban same-sex marriage.

Persons: —, Sen, Lindsey Graham of, Graham, Hodges, Josh Hawley, Hawley, George W, Bush, Cynthia Lummis, Ron DeSantis, Lummis, Drew Angerer, Thom Tillis, Republican Sen, you've, JD Vance, Ohio, Vance, it's, Anita Bryant's, Biden, Dr, Roger Marshall, Roger Marshall of, Marshall, I've Organizations: Pride, Service, Republican, Republicans, Gallup, Gov, Getty, Rights, House Locations: Lindsey Graham of South Carolina, Josh Hawley of Missouri, Wyoming, Florida, North Carolina, United States, statehouses, Roger Marshall of Kansas, Kansas

That activity could signal that investigators are nearing at least some charging decisions in a part of the 2020 election probe, sources added. It is not clear if Trump is a target in the fake electors aspect of Smith’s ongoing criminal probe. Multiple 2020 election witnesses are scheduled for grand jury appointments in the coming days, sources say. Fake electors in NevadaThe fake electors scheme – one of the more public efforts to overturn Biden’s win in the 2020 election – now appears to be at the forefront for prosecutors, sources said. McDonald and DeGraffenreid previously declined to answer some questions about the fake electors scheme in the House inquiry.

Persons: Jack Smith, Donald Trump, Joe Biden, Trump, Mike Pence, Rudy Giuliani, Sidney Powell, Jeffrey Clark, Giuliani, Drew Angerer, –, Michael McDonald, Jim DeGraffenreid –, Gary Michael Brown, Brown, McDonald, DeGraffenreid, Adam Laxalt, Jesse Binnall, “ Donald Trump, ”, Binnall, “ Adam Laxalt, ” Robert Uithoven, Nevada’s Organizations: Washington CNN, CNN, Prosecutors, Republicans, Trump, Lawyers, Capitol, of Justice, Republican National Committee, Getty, Biden’s, Nevada Trump, state’s Republican, GOP, FBI Locations: Washington, Florida, Nevada, Nevada’s Clark County, Clark County

☆ Microsoft faces off against US government over Activision deal, with top execs set to testify
▼ + stars: | 2023-06-22 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

It will also impact enormously popular gaming franchises such as “Call of Duty” and “World of Warcraft,” which Activision owns and would be transferred to Microsoft under the deal. Also testifying will be the top financial executives from both companies; senior leaders from Microsoft’s Xbox division; the CEO of Microsoft Gaming, Phil Spencer; and a vocal critic of the deal, Sony gaming CEO Jim Ryan. The clash comes as Microsoft and Activision face down a contractual July 18 deadline to consummate the deal. A crucial moment for Microsoft and the FTCThe FTC lawsuit has put Microsoft under the harshest antitrust scrutiny in the US in more than two decades. Microsoft CEO Satya Nadella, Activision CEO Bobby Kotick and Sony Gaming CEO Jim Ryan are all expected to testify.

Persons: Phil Spencer, Jim Ryan, Satya Nadella, Bobby Kotick, Drew Angerer, Kevin Dietsch, Alex Wong, “, Lina Khan, Khan, Meta Organizations: CNN, Microsoft, Activision, Xbox, Microsoft Gaming, Sony, Federal Trade Commission, FTC, Sony Gaming, New, Nintendo, Nvidia, European Union, Facebook, Meta Locations: New Zealand, European, United States

☆ Morgan Stanley expects the stock market to plunge. Others aren't so sure.
▼ + stars: | 2023-06-21 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

An American flag hangs behind traders working on the floor of the New York Stock Exchange (NYSE) on October 11, 2019 in New York City. Morgan Stanley, for example, has adopted a downbeat view for the months ahead. Falling prices, Morgan Stanley explained, can cut into revenue growth and weigh on earnings. "This should begin to hit asset prices by the end of this month and carry into the fall," Morgan Stanley strategists said. To Stockton, the S&P 500 could soon trade as high as 4,510, or about 3% higher than current levels.

Persons: I'm Phil Rosen, Jerome Powell, Drew Angerer, Morgan Stanley, Mike Wilson, Katie Stockton, Stockton, Morgan Stanley's bearishness, Rick Bowmer, Tom Lee, Phil Rosen, Jason Ma, Hallam Bullock Organizations: Capitol, Financial Services, Committee, Fed, New York Stock Exchange, NYSE, Advance, Bank of England, Patterson Companies, Winnebago Industries, Bloomberg, Manheim Locations: American, New York City, Stockton, Salt Lake City, London, China, Europe, New York, Los Angeles

☆ CNBC Daily Open: The Fed paused rates — and the rally in markets
▼ + stars: | 2023-06-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Drew Angerer | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And if inflation does indeed fall further, Powell suggested the Fed might deviate from its projections and keep rates steady. July's Federal Open Market Committee "will be a live meeting," because "a decision hasn't been made," Powell said. But even if the Fed doesn't hike in July, it's likely to hold rates steady for the rest of the year.

Persons: Jerome Powell, Drew Angerer, Gundlach, Wharton, Jeremy Siegel's, Powell, hasn't, there's, it's Organizations: Federal Reserve, Federal, Market, Getty, CNBC Locations: Washington ,

☆ Trump classified documents case differs from Biden, Clinton, Pence issues — here's how
▼ + stars: | 2023-06-15 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +7 min

But what they don't say is that Trump is the only former official who refused to return all the classified documents as soon as he was asked about them. Lawyers for President Joe Biden discovered 10 classified documents in November of last year at an office he used in downtown Washington. Experts say the crucial difference is intent, namely what Trump allegedly did after he learned the National Archives wanted the classified documents he had back. The boxes, the lawyer and the ex-presidentThe DOJ's indictment includes photos of classified documents found at former President Donald Trump's Mar-A-Lago residence. Out of options, the archives referred the missing classified documents case to the Justice Department, which obtained a grand jury subpoena on May 11 for all remaining classified material held by Trump.

Persons: Donald Trump, Trump, Trump's, Clinton, Biden, Joe Biden, United Kingdom Rishi Sunak, Drew Angerer, Hillary Clinton, General Merrick Garland, it's, Mike Pence, Pence, Jon Sale, Donald Trump's Mar, Walt Nauta, Nelson Mullins, Bill Clinton, David Rubenstein, David Kelley, that's, Nauta, hadn't Organizations: WASHINGTON, White, Pence U.S, White House, Getty, State, FBI, Justice Department, National Archives, Justice, DOJ, Mar, Trump ., MSNBC, Bloomberg, Southern, of, PBS Locations: United Kingdom, Washington ,, Washington, Wilmington , Delaware, Pence, Miami, Florida, Mar, Sale, New York, Clinton, U.S, of New York

☆ The message top corporate CFOs are sending directly to Fed presidents isn't a bullish one
▼ + stars: | 2023-06-13 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +9 min

The Fed remains focused on the labor market and cooling wage growth while raising unemployment as the key to bringing hot services inflation down. "I shared with him [a regional Fed president] that they should stop, not pause," said another CFO on the call. "The consumer is being smart," the CFO said, but the Fed focus on bringing unemployment up can break the consumer. "I gave this message to him [a Fed president]: we can manage through this with unemployment below 4%." CFOs said the labor market remains tight and the wage gains, while slowing, have created a higher wage base which can't be turned back.

Persons: Jerome Powell, Drew Angerer, That's, Wall, Randy Kroszner, CFOs, Sara Eisen, Kroszner, it's Organizations: Federal Reserve, Federal, Market, Fed, CNBC, CNBC Fed Survey, Chatham House, Corporations, University of Chicago Booth School of Business Locations: Washington ,

☆ How to land a job with Blackstone, Apollo, KRR, and other private equity titans
▼ + stars: | 2023-06-06 | by ( Kaja Whitehouse | ) www.businessinsider.com time to read: +6 min

Private equity is often seen as the Holy Grail of finance jobs — but breaking in can be challenging. We also have data on private equity pay and the industry's top recruiters. Here is what we found about pay at private equity firms, including Blackstone, Apollo, and Bain Capital. Private equity recruiting has been starting earlier than ever Getty ImagesPrivate equity firms like to recruit young talent from investment banks. These days, the private equity recruiting process has started earlier than ever, resulting in middle-of-the-night interviews with offers being made — and blown up — all before Labor Day.

Persons: —, bymuratdeniz, Blackstone, Samantha Lee, Drew Angerer, Skye Gould, Jon Gray, Grace Koo, Read, Carlyle, Alex Crisses, Thoma Bravo, Warburg Pincus, Wharton's, Axel Springer Organizations: Blackstone, KKR, Service, Apax Partners, Oaktree, of Foreign Labor, Apollo, Bain Capital, Labor, General Atlantic, PJT Partners, Partners, dealmakers, Wall, University of Michigan Locations: Carlyle, Blackstone, Axel

☆ Chinese apps remain hugely popular in the U.S. despite efforts to ban TikTok
▼ + stars: | 2023-05-29 | by ( Lauren Feiner | ) www.cnbc.com time to read: +15 min

But while TikTok has been the one in the spotlight, other Chinese apps that present similar issues are also experiencing massive popularity in the U.S. Gorman said as the U.S. considers the threat posed by TikTok, it will also need to develop a framework for how to evaluate the relative risk of Chinese apps. But in the meantime, U.S. consumers continue to turn to Chinese apps. "And then of course, there's the early growth of Lemon8, which suggests that the appetite for Chinese apps in the U.S. is still growing." And some say the most effective long-term solution for curbing the use of Chinese apps may be fostering an environment for robust alternatives to grow.

☆ Microsoft leaps into the AI regulation debate, calling for a new US agency and executive order
▼ + stars: | 2023-05-25 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

For decades, “the rule of law and a commitment to democracy has kept technology in its proper place,” Smith said. Microsoft vice chair and president Brad Smith speaks at the Semafor World Economic Summit on April 12, 2023 in Washington, DC. That framework, which Congress first ordered with legislation in 2020, covers ways that companies can use AI responsibly and ethically. Such an order would leverage the US government’s immense purchasing power to shape the AI industry and encourage the voluntary adoption of best practices, Smith said. Smith’s remarks, and a related policy paper, come a week after Google released its own proposals calling for global cooperation and common standards for artificial intelligence.

Persons: Biden, Brad Smith, Smith, ”, ” Smith, “, OpenAI, Drew Angerer, Joe Biden, Smith’s, ” Kent Walker Organizations: CNN, Microsoft, IBM, National Institute of Standards, Technology, NIST, Google Locations: Washington, China, Europe, United States, —, Washington ,

☆ A leaked Amazon generative AI sales playbook shows how the company is going after ChatGPT-maker OpenAI, Microsoft and Google
▼ + stars: | 2023-05-25 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

The strategy is revealed in a detailed internal sales guideline, titled "Generative AI Sales Playbook," obtained by Insider. The guidelines may help Amazon make a stronger push in the generative AI space, where companies including Microsoft, OpenAI, Anthropic, and Google have taken an early lead. 'ChatGPT is a brand new, experimental offering'The guidelines focus on SageMaker's appeal to companies looking to build their own generative AI services. For example, for c-suite executives, Amazon salespeople are told to focus on how generative AI can "improve efficiency by automating operations," the document said. For those with a bit more experience in AI, Amazon salespeople are advised to recommend new generative AI capabilities and AWS offerings to accelerate their development process.

Persons: Bard, SageMaker, JumpStart, Sam Altman Drew Angerer, Sparrow, It's, I'm, haven't, you've, Canva's, Eugene Kim Organizations: Microsoft, Google, Amazon, Stability, AI21 Labs, Amazon Alexa, AWS, Burnham

☆ Biden and McCarthy to meet on the debt ceiling with only 10 days until U.S. risks default
▼ + stars: | 2023-05-22 | by ( Christina Wilkie | In | ) www.cnbc.com time to read: +3 min

Biden joined Irish Taoiseach Leo Varadkar, Speaker of the House Kevin McCarthy (R-CA) and other members of Congress for the traditional St. Patrick's Day Friends of Ireland Luncheon. Biden and McCarthy are set to meet at 5:30 p.m. WASHINGTON — White House negotiators and representatives of House Speaker Kevin McCarthy resumed debt ceiling talks Monday morning, as President Joe Biden prepared to meet with McCarthy face to face with only 10 days to go until the U.S. risks default. Biden is hoping to reach a debt limit deal that would push the next deadline out past the 2024 presidential election. But House Republicans, who so far have endorsed only a one-year hike, say that if Biden wants more time, then he will need to agree to even more cuts.

☆ Opinion: How will Russia’s war end? Zelensky’s representative in the US has an unflinching view
▼ + stars: | 2023-05-16 | by ( David A. Andelman | ) edition.cnn.com time to read: +17 min

Ukraine's ambassador to the US, Oksana Markarova, greets Ukrainian President Volodymyr Zelensky as he arrives in Washington on December 21, 2022. From the start, our president has been very vocal, saying that we need to liberate Ukraine within its internationally recognized borders. We heard it also from our strategic partners here, and even at the recent phone call of our president with President Xi. Andelman: So why did President Zelensky recently have a long conversation with Xi Jinping? Andelman: You know President Zelensky very well personally.

☆ Why CEOs are changing directions faster than ever
▼ + stars: | 2023-05-11 | by ( Rebecca Knight | Tim Paradis | ) www.businessinsider.com time to read: +8 min

CEOs are changing their corporate strategies more frequently for many reasons. Some CEOs didn't do the necessary medium- and long-term planning when they made their original decisions, and now they're being forced to backtrack. A new, lightning-fast pace of businessThe rapidly changing business environment makes one thing clear: For CEOs, the day-to-day marathon of running a company feels much more like a sprint. The average compensation in 2021 for CEOs of the top US companies was 399 times that of the average worker. Changing a strategy is one thing, but how a CEO communicates that change is another — particularly because these pivots are likely to happen more frequently.

☆ The $31 trillion debt-ceiling fiasco could punish markets and it's complicating an already complex economic outlook
▼ + stars: | 2023-05-10 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

In any case, one outcome that many hold with a high degree of certainty is that financial markets are going to feel pain if the "x-date" bell tolls. This $31 trillion debt ceiling argument "comes at the worst possible time," according to Chicago Fed President Austan Goolsbee. "Many past instances of debt limit standoffs have been resolved without significant market fallout," the strategists wrote in a recent note. That's according to LPL chief global strategist Quincy Krosby — she says it boils down to these three reasons. With recession risks climbing, Bank of America analysts slashed their 2023 outlook for oil prices.

☆ Republicans dismiss fears that their debt ceiling bill would make the housing crisis worse for 1 million families as 'scaremongering'
▼ + stars: | 2023-05-07 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

House Republicans' debt ceiling bill would cut significant funding from federal housing services. HUD Secretary Marcia Fudge said the agency would suffer "the most devastating impacts in HUD's history" if the funding cuts in the bill are made law. He went on, "It's being positioned as congressional Republicans are heartless because they want to pass these spending cuts. "The House bill reduces spending to the levels we had in 2022. The last I checked, 2022 was not a horrid apocalypse sweeping across our country," Cruz told Insider on Wednesday.

☆ Inside Wells Fargo's 'chaotic' journey to transform its services for the ultrarich
▼ + stars: | 2023-05-04 | by ( Hayley Cuccinello | Reed Alexander | ) www.businessinsider.com time to read: +23 min

In late 2020, some 300 Wells Fargo employees were summoned to a conference call. "I actually welcomed that, although I did like Abbot Downing," he said of folding Abbot Downing into the private bank. One team of legacy Abbot Downing employees with $3.5 billion in assets left for Hirtle Callaghan in June 2021. Today, Ginter runs a registered investment advisor called Callan Family Office, which some former Abbot Downing employees refer to as "the new Abbot Downing." Are you a current or former client of Wells Fargo Private Bank or Abbot Downing?

☆ Lack of Voter Enthusiasm Poses Hurdle for Joe Biden’s Re-Election
▼ + stars: | 2023-05-01 | by ( Aaron Zitner | Sabrina Siddiqui | ) www.wsj.com time to read: 1 min

Joe Biden’s age and relatively low job-approval ratings could fail to generate the fervor needed to get some voters to cast their ballots. Photo: Drew Angerer/Getty ImagesBrett Young voted for President Biden in 2020. Now, as he considers the president’s age and performance in office, he thinks he might sit out the next election and pass on his chance to vote for Mr. Biden again. “I don’t want to be anti-older gentry, but it gets to a point where they don’t know how the average American lives,’’ said Mr. Young, 29, a manufacturing worker in north-central Ohio, who says most of his views are liberal. “I wish they would get someone new.’’

☆ He's played chess with Peter Thiel, sparred with Elon Musk and once, supposedly, stopped a plane crash: Inside Sam Altman's world, where truth is stranger than fiction
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

But, "you do at some point need to start having contact with reality," he told Insider. The plan was still only a rough sketch, Blania told Insider, but that didn't seem to matter to his host. "He always wanted to understand everything at a very deep level," Thrun told Insider in an email. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ Sam Altman is building his utopia, whether you want it or not
▼ + stars: | 2023-04-27 | by ( Melia Russell | Julia Black | ) www.businessinsider.com time to read: +41 min

Altman told Insider, "We debate our approach frequently and carefully." "I don't think anyone can lose your dad young and wish he didn't have more time with him," Altman told Insider. Altman told Insider that his thinking had evolved since those posts. (When asked about guns, Altman told Insider he'd been "happy to have one both times my home was broken into while I was there.") When asked about this, Altman told Insider in an email: "i can guess what that's about; these stories grow crazily inflated over the years of getting re-told!

☆ The Risks Brands Take When Touching on Social Issues
▼ + stars: | 2023-04-26 | by ( Suzanne Vranica | Patrick Coffee | ) www.wsj.com time to read: 1 min

Some customers criticized Bud Light for its recent partnership with social media star Dylan Mulvaney. Photo: Drew Angerer/Getty ImagesThe outcry over Anheuser-Busch InBev SA’s partnership with a transgender advocate could cause brands to rethink whether and how they address contentious social issues, putting in question an increasingly common strategy for marketers as they try to reach younger consumers. Anheuser-Busch’s trouble began when the world’s largest brewer enlisted social media star Dylan Mulvaney to help generate some publicity for its Bud Light beer brand during the annual March Madness college basketball tournament.

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