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☆ California Gov. Newsom Updates Plan to Combat State’s Homelessness Problem
▼ + stars: | 2023-03-16 | by ( Christine Mai-Duc | ) www.wsj.com time to read: 1 min

California Gov. Gavin Newsom rankled big-city mayors and other local leaders last year when he temporarily froze state funding for their homelessness programs and demanded they set more ambitious goals for moving people off the streets. Many have now risen to that challenge, Mr. Newsom said Thursday, and can unlock $1 billion more in state funds for efforts aimed at moving people into housing and preventing others from landing on the streets.

☆ You're a sucker if you trust ChatGPT
▼ + stars: | 2023-02-19 | by ( Matt Turner | Dave Smith | ) www.businessinsider.com time to read: +4 min

But first: Adam Rogers, a senior tech correspondent at Insider, breaks down why ChatGPT is for suckers. Well, social scientists don't really know why anyone believes anything, from kooky stuff they read on Twitter to closely held ideals. Faced with those conditions, Gen Z has adapted to a new normal: When in doubt, find a new job. It has rankled some of the academics and advocates whose work helped kick off the psychedelics renaissance in the first place. Insider spoke to more than a dozen industry participants to chart its rise and its role in the psychedelics boom.

☆ France's Macron signals electric car subsidy concern on agenda with Harris
▼ + stars: | 2023-02-18 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +1 min

[1/2] U.S. Vice President Kamala Harris meets with French President Emmanuel Macron at the bilateral meeting at the Munich Security Conference in Munich, Germany February 17, 2023. Michael Probst/Pool via REUTERSMUNICH, Feb 17 (Reuters) - French President Emmanuel Macron signaled on Friday that he would discuss concerns about U.S. electrical vehicle subsidies with Vice President Kamala Harris as they met during the Munich Security Conference. "We are working hard," on the issue, Macron said before their meeting. But a solution from Washington that would be acceptable to France has not been forthcoming in the months since. Reporting by Trevor Hunnicutt and Doina Chiacu; Editing by Alistair BellOur Standards: The Thomson Reuters Trust Principles.

☆ Don Lemon apologizes after 'inartful' comments about 51-year-old Nikki Haley, who he said 'isn't in her prime'
▼ + stars: | 2023-02-17 | by ( Erin Snodgrass | Rebecca Cohen | ) www.businessinsider.com time to read: +3 min

Don Lemon said presidential hopeful Nikki Haley, 51, "isn't in her prime" on CNN on Thursday. "A woman is considered to be in her prime in her 20s and 30s and maybe 40s," he said. Nikki Haley isn't in her prime, sorry." "If you Google when is a woman in her prime, it'll say 20s, 30s, and 40s," Lemon said. Lemon went on, saying Haley should "be careful" when discussing aging politicians.

☆ How a family's struggle to help their son gave rise to controversial $400 million psychedelics giant Compass Pathways
▼ + stars: | 2023-02-15 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +18 min

Today, Compass Pathways, the for-profit company they launched in 2016, is a Nasdaq-listed firm worth about $400 million. Compass Pathways Show lessIt could also boost the dozens of psychedelics companies inspired by Compass that have been formed in recent years. Insider spoke with more than a dozen industry participants to chart the rise of Compass Pathways and its role in the psychedelics boom. He recalled the 2018 Quartz article that detailed the growing alarm around Compass Pathways' "magic mushroom monopoly." Were it not for his decision to take a break from college, and his parents' efforts to find a treatment, Compass Pathways might not exist.

☆ How M&M’s ‘Trendjacked’ the Super Bowl
▼ + stars: | 2023-02-09 | by ( Benjamin Mullin | ) www.nytimes.com time to read: 1 min

Let’s back up: Last month, the Fox News host Tucker Carlson joined the chorus of conservative voices criticizing Mars Wrigley for giving its chocolate-y M&M mascots what they deemed a woke makeover. The green M&M “spokescandy” (you know, the full-lipped one, in go-go boots, that even other M&M’s crave) was given comfortable sneakers to soothe its arches, a fashion choice that rankled Carlson. But Mars Wrigley has parlayed the controversy into what amounts to free advertising for its new spokeswoman, Maya Rudolph.

☆ Ford and Tesla slashed car prices — but only one is giving customers who missed out their money back
▼ + stars: | 2023-01-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Ford is working to refund Mach-E owners after cutting prices. Ford, the first to hit back against Musk's price war, is taking a different approach with its price cuts. "We want our customers to know they made the right decision by choosing a Mustang Mach-E," Gaja said. Ford hitting back at Tesla's EV price war is the company's latest move to compete directly with Musk's electric car company. Are you a Mustang Mach-E owner or a Tesla owner impacted by price cuts?

☆ Ford hits back at Tesla's price cuts by lopping nearly $6,000 off the Mustang Mach-E
▼ + stars: | 2023-01-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

The price reductions for the Mustang Mach-E vary by trim level and performance package. At the highest end, the Mach-E GT with extended range now goes for $63,995, a $5,900 reduction from the previous price. Elon Musk's long-term play on the price cuts, which Deutsche Bank estimates could cost the company $7 billion in profits this year, could protect its customer base amid rising competition and increase its market share. Gjaja would not say how the price cuts impact Mach-E's profitability, only saying it would vary by trim level. Ford CEO Jim Farley has publicly set his sights on Tesla, vowing last spring to unseat Musk's car company as the top seller of electric vehicles.

Doug Ducey has agreed to dismantle a makeshift border wall that triggered a lawsuit by the federal government and rankled environmentalists. The agreement comes one week after federal officials filed a lawsuit against Ducey’s administration saying the border project was illegally built on federal land. Protesters spent weeks camping in freezing temperatures along the border wall, and had vowed to stay there until the containers were removed. Karamargin said the assurance from federal officials paved the way for Ducey to agree to remove the shipping containers. The shipping container project cost Arizona at least $82 million, Karamargin said.

☆ She says she was fired in retaliation. Hearst Magazines says she was insubordinate. Here's how Delish's hit YouTube show 'Budget Eats' came crashing down.
▼ + stars: | 2022-12-22 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +21 min

Produced by the Hearst-owned food brand Delish, "Budget Eats" was the kind of digital success story that traditional magazine giants crave. As Xie worked her day job developing recipes, "Budget Eats" was morphing from a pandemic experiment to a bonafide hit. A career recipe developer at work, the "Budget Eats" Xie doesn't even measure out ingredients. "It felt like she was afraid that putting 'Budget Eats' from her kitchen onto this cable network might dilute the honesty," Lennon-Simon said. As for "Budget Eats," Delish recently posted what is presumably the last episode.

☆ Israel’s Netanyahu says he has formed new government
▼ + stars: | 2022-12-21 | by ( Associated Press | ) www.nbcnews.com time to read: +7 min

JERUSALEM — Designated Prime Minister Benjamin Netanyahu announced late Wednesday that he has successfully formed a new coalition, setting the stage for him to return to power as head of the most right-wing Israeli government ever. Netanyahu made the announcement in a phone call to President Isaac Herzog moments before a midnight deadline. His Likud Party released a brief video clip of the smiling Netanyahu and a recording of the conversation. Nonetheless, Netanyahu said he intends to complete the process “as soon as possible next week” A date for its swearing-in wasn’t immediately announced. Likud lawmakers have been competing for a shrinking collection of assignments after Netanyahu gave away many plumb jobs to his governing partners.

☆ Kyrsten Sinema leaving the Democratic Party and registering as an independent
▼ + stars: | 2022-12-09 | by ( Jeremy Herb | ) edition.cnn.com time to read: +9 min

CNN —Arizona Sen. Kyrsten Sinema is leaving the Democratic Party and registering as a political independent, she told CNN’s Jake Tapper in an exclusive TV interview. While Sanders and King formally caucus with Democrats, Sinema declined to explicitly say that she would do the same. She also brushed aside criticism she may face for the decision to leave the Democratic Party. “Nothing about the last two years indicates a major effort would’ve made helped – the exact opposite actually,” a White House official said. After a vote against filibuster changes in January, the Arizona Democratic Party’s executive board censured Sinema.

☆ Wall Street Journal insiders are buzzing about what a leadership shake-up could mean for Murdoch world
▼ + stars: | 2022-12-06 | by ( Steven Perlberg | ) www.businessinsider.com time to read: +7 min

Sunday Times editor Emma Tucker is expected to replace Journal editor Matt Murray, Semafor reported. News Corp insiders believe Murdoch might make changes ahead of a possible recombination of News Corp and Fox. Is Rupert Murdoch planning to move his editorial chess pieces ahead of a potential recombination of News Corp and Fox? Last month, Semafor reported that Wall Street Journal editor Matt Murray is expected to be replaced by Emma Tucker, who leads fellow News Corp title The Sunday Times in London. That report followed the October disclosure that Murdoch is considering recombining News Corp with Fox Corp, with both companies convening special committees to review options.

WASHINGTON — Senate Minority Leader Mitch McConnell was re-elected as Republican leader on Wednesday, defeating a challenge from Sen. Rick Scott of Florida that reflects growing angst within the party after it underperformed in the midterm elections. It is the most serious challenge McConnell has faced for his position after leading the Republican caucus for 15 years. “I welcome the contest.”McConnell is now on track to become the longest-serving Senate caucus leader in history. “That option is represented by Rick Scott currently.”Scott's challenge has rankled some in the Republican caucus, who attribute the 2022 defeats to his handling of the NRSC. “Rick Scott must really love to lose,” griped one Senate GOP aide.

The failure by rich nations to deliver in full on a past pledge to deliver $100 billion in annual climate finance to developing countries has rankled in recent years of climate talks. "We cannot afford a further erosion of trust between the developed and developing countries," said Samoa's Prime Minister Fiame Naomi Mataafa. The burning of fossil fuels is the main cause of climate change, but coal, gas and oil were notably absent in the draft deal. The draft COP27 text did not hint at which route the final deal will take on this issue. "We cannot lose 1.5 at this COP," said Alok Sharma, president of last year's U.N. climate summit, COP26, in Glasgow, Scotland.

☆ Explainer: COP27: What is 'Loss and Damage' compensation, and who should pay?
▼ + stars: | 2022-11-06 | by ( Kate Abnett | ) www.reuters.com time to read: +5 min

That has intensified developing country demands for a special "Loss and Damage" fund. But with rich countries resisting such calls, the issue has been stalled for years. Loss and damage funding would be different, in compensating costs that countries can't avoid or "adapt" to. Vulnerable countries and campaigners have argued that rich countries that caused the bulk of climate change with their historical emissions should now pay. Meanwhile, climate-vulnerable countries are seeking contributions for a pilot loss and damage funding facility.

Biden blamed Russian President Vladimir Putin’s invasion of Ukraine for higher crude and gasoline prices, while noting prices had fallen 30% from their peak earlier this year. “Families are hurting,” and gasoline prices are squeezing their budgets, he added. Retail gasoline prices have fallen from a high in June, but remain above historical averages, and are a major contributor to inflation. Biden said oil companies should feel more confident about investing in production with the new SPR repurchase pledge, and stop pushing stock buybacks. So you can act now to increase oil production," he said.

☆ A quiet US move in the Mediterranean may help put more pressure on Russia, but not everyone in NATO is happy about it
▼ + stars: | 2022-10-17 | by ( Constantine Atlamazoglou | ) www.businessinsider.com time to read: +8 min

The US lifted its 35-year-old arms embargo on the Republic of Cyprus in September. But the US decision has rankled Turkey, which is at odds with NATO ally Greece over the island. Increased cooperationThe Cypriot Underwater Demolition Team and US Naval Special Warfare Task Unit Europe train in Cyprus in September 2021. "This is a landmark decision, reflecting the burgeoning strategic relationship between the two countries, including in the area of security," Cypriot President Nikos Anastasiades said after the announcement. Cyprus is one of many points of contention between Greece and Turkey, whose worsening relations have worried other NATO members.

☆ Endangered species protections kick in too late, study finds
▼ + stars: | 2022-10-13 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +3 min

The study suggests that the Endangered Species Act, a bedrock tool of conservation, has become bogged down by delays and inaction that are hampering its mission. Decisions on whether species should be listed are supposed to take two years, according to Noah Greenwald, the endangered species director at the Center for Biological Diversity. “Species are slipping through the cracks.”The new study builds upon research that began decades ago in a study that analyzed species listed from 1985 through 1992. Although few species have fully recovered and been delisted, it’s important to remember that the Endangered Species Act has been instrumental in preventing extinction, Greenwald said. “99% of species protected under the Endangered Species Act still survive, which is highly significant,” he said.

☆ Google and Amazon are two of the biggest poachers of Goldman's tech talent. We mapped out the top 10 firms snapping up the bank's recent departures.
▼ + stars: | 2022-10-12 | by ( Bianca Chan | Carter Johnson | Dakin Campbell | ) www.businessinsider.com time to read: +7 min

Amazon was the biggest poacher of Goldman tech talent from June to August. The organization tracked the LinkedIn profiles of people who left Goldman Sachs and picked up another job from June through August. Wall Street's tech hiring ambitions ramp up as tech powerhouses and startups pull backNonetheless, the demand for tech talent on Wall Street has remained strong. JPMorgan, the biggest beneficiary of the departures, hired 18 former Goldman Sachs employees. Citi and Morgan Stanley were also among the top poachers of Goldman talent, with the firms both scooping up 12 Goldman employees each.

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