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Last Notes

2024-02-27 15:01:12

The conservative media and House Republicans blundered into their own version of the Steele dossier by pursuing an impeachment against President Joe Biden based on dubious claims from a questionable informant.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/ideas/archive/2024/02/steele-dossier-parallels-biden-impeachment/677567/
#Impeachment #ConservativeMedia #HouseRepublicans

2024-02-26 23:47:28

There are several criminal cases against Donald Trump, including an attack on the Capitol and election interference, and civil lawsuits have also been filed against him for misrepresenting asset values to lenders and barring him from serving as a corporate director in New York.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/united-states/2024/02/22/why-those-who-wish-to-see-trump-jailed-soon-will-be-disappointed?itm_source=parsely-api
#CriminalCasesAgainstTrump #ElectionInterference #MisrepresentationOfAssetValues #BarredFromServingAsADirector

2024-02-23 23:09:01

Tiffany's has undergone a $500 million renovation and now offers a more modern experience, including LED screens showing a diamond bird flying over Central Park. The store also features a three-storey extension with views over Fifth Avenue, and LVMH owns several retail properties in New York's Fifth Avenue, including Prada's current space and the one next door, which it purchased for $835 million. Kering, owner of Gucci, also bought a nearby retail space for a record-breaking $963 million, while LVMH is rumoured to be eyeing up another space on Fifth Avenue. These deals are being sorted at breakneck speeds and for record prices.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/finance-and-economics/2024/02/22/gucci-prada-and-tiffanys-bet-big-on-property
#diamondbird #modernexperience #LEDscreens #FifthAvenueNYC #recordbreakingdeals

2024-02-23 22:38:28

Mirrors played an important role in promoting a growing sense of social self-awareness, self-evaluation, and self-control during the medieval period. It also suggests that there is a misconception about the time being unchanging and backward, when in fact it was marked by significant advancements in social and economic progress, as well as scientific and technological developments. The text highlights the importance of understanding history beyond just scientific and technological achievements to fully appreciate the complexity and depth of human progress throughout the ages.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/culture/2024/02/21/is-everything-you-assumed-about-the-middle-ages-wrong
#MedievalHistory #SocialProgression #SelfAwareness #ScienceAndTechnology #ComplexHumanProgress

2024-02-23 16:29:25

Donald Trump has a strong chance of winning the GOP nomination and the presidency if he wins in South Carolina. The text also acknowledges that there is a strong anti-Trump coalition that has engaged in unreason, hysteria, and abuses of power. Finally, it discusses Trump Derangement Syndrome as being similar to Bush Derangement Syndrome but more intense and widespread in its hatred for the president.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/ideas/archive/2024/02/republican-primaries-south-carolina-trump-haley/677526/
#DonaldTrump #GOPNomination #PresidentialElection #AntiTrumpCoalition #UnreasonHysteria #AbusesOfPower #TrumpDerangementSyndrome

2024-02-23 15:58:29

Reddit has been considering going public for half a decade but is finally doing so despite the fact that the IPO market has been stagnant due to investors being wary of unprofitable businesses and shares of public companies falling after the pandemic-induced tech boom in 2020 and 2021. Reddit, which revealed a net loss of $90.8 million in its IPO filing on Thursday, is more similar to high-growth money-losing companies that went public two years ago, but has yet to post a profit. Despite this, it still plans to go public despite the tough market conditions and investors being wary of such businesses.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/22/reddit-ipo-market-unprofitable-tech-startups/
#IPO #Reddit #PublicCompany #TechBoom #PandemicInducedTechBoom #UnprofitableBusinesses #InvestorsWaryOfUnprofitableBusinesses

2024-02-23 15:27:54

Chinese social media users and elite are expressing anger, mockery, fear, and hope regarding the prospect of Donald Trump winning the US presidential election due to their beliefs about his potential impact on trade wars, security in Asia, and propaganda gains for China.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/china/2024/02/20/how-scared-is-china-of-donald-trumps-return?itm_source=parsely-api
#Election2020 #DonaldTrump #USPolitics #ChinaTradeWars #AsiaSecurity #PropagandaGains

2024-02-23 14:26:54

The current state of social media has led to a lack of productive conversation among reasonable people and has become impossible to have civil conversations. It also mentions the creation of Parler, which was hijacked by bad actors looking to promote toxicity, followed by the launch of Hedgehog, a new app that is designed to embrace and reward productive, civil conversation.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/21/ousted-cofounder-controversial-social-app-parler-launch-new-platform-hedgehog-tech/
#SocialMediaToxicity #CivilConversations #ParlerHijacked #NewAppHedgehog

2024-02-23 13:56:29

Hainan Island has been developed by the Chinese government under the leadership of President Xi Jinping as a model for promoting domestic tourism and consumption through its natural beauty, strategic location, and duty-free shopping incentives.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/china/2024/02/15/china-is-trying-to-boost-domestic-tourism
#HainanIsland #TourismPromotion #PresidentXiJinping #DutyFreeShoppingIncentive

2024-02-23 13:26:05

Former Governor of South Carolina Nikki Haley made a promise in a recent speech that she would not drop out of the presidential race after her home state primary on February 24th. However, despite being popular during her tenure as governor and having served as American ambassador to the UN, she is currently polling poorly compared to former President Donald Trump among South Carolina Republicans. Her campaign has been boosted by her status as the last remaining Republican challenger to Mr Trump, but she continues to lag behind him in popularity despite his attacks on her record and her own sharpened attacks against him.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/the-economist-explains/2024/02/22/why-is-nikki-haley-losing-to-donald-trump-on-home-ground
#Politics #PresidentialRace #NikkiHaley #SouthCarolinaPrimary #DonaldTrump #RepublicanChallenger #Popularity

2024-02-23 12:55:25

America's tech giants have seen a surge in market value due to hype over artificial intelligence, while smaller AI firms and investors are more cautious.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/business/2024/02/22/the-age-of-the-unicorn-is-over
#techgiants2 #artificialintelligence3 #marketvalue4 #hypeoverai5 #smalleraifirms6 #investors7 #cautious

2024-02-23 12:25:07

Executives consider cyberattacks the top threat to their companies, and artificial intelligence can help protect businesses against hacking. AI technologies like CrowdStrike use indicators of attack (IOAs) to identify and prevent attacks on computer systems.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/22/crowdstrike-ai-cybersecurity-hackers-defenses/
#Cybersecurity #ArtificialIntelligence #HackingPrevention #CrowdStrike #IndicatorsOfAttack

2024-02-23 11:24:46

The main idea of the text is that President Biden called Russian President Vladimir Putin a "crazy SOB" during a fundraiser for his reelection campaign and criticized former President Donald Trump's comments comparing himself to a Russian opposition leader who died in an Arctic prison. He also spoke about climate change, saying it was the existential threat to humanity, and criticized Trump's recent remarks comparing his own legal troubles to those of Navalny. Biden said that some of Trump's recent statements were "astounding" and compared them to communism or fascism. The text also mentions that Biden spoke about climate change and commented on Trump's legal troubles in New York, saying he was fined $350 million for lying about his wealth on financial statements in his companies. Biden said that some of Trump's recent statements were "astounding" and compared them to communism or fascism. The text also mentions that Biden spoke about climate change and commented on Trump's legal troubles in New York, saying he was fined $350 million for lying about his wealth on financial statements in his companies.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/22/biden-putin-trump-fundraiser-navalny-crazy/
#PresidentBiden #VladimirPutin #CrazySOB #DonaldTrump #ClimateChange #ExistentialThreat #LegalTroubles

2024-02-23 10:53:54

Nvidia's CEO Jensen Huang is bullish on the future of accelerated computing and generative AI, which has led to a surge in demand for their products. Their AI tokens are indispensable for modern tech companies, with revenue exceeding estimates by $2 billion due to high demand from companies gobbling up all the tokens available."
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/22/billionaire-jensen-huang-nvidia-ai-tipping-point-whole-new-industry/
#AcceleratedComputing #GenerativeAI #TechCompanies

2024-02-23 10:23:27

The world's temperature has risen by 1.52 degrees Celsius above pre-industrial levels and it may come as a surprise that the 1.5°C and 2°C thresholds are quite tricky to define due to various factors such as different starting points for the temperature rise clock and reliance on approximations.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/the-economist-explains/2024/02/09/how-to-know-when-the-world-has-passed-15degc-of-global-warming
#ClimateChange #GlobalWarming #TemperatureRise #PreIndustrialLevels #Thresholds

2024-02-23 09:53:03

Mining companies have been investing less in new projects and more on paying off debts since 2013 due to the economic slowdown in China. However, decarbonizing the global economy will require significant amounts of metals such as lithium, nickel, steel, and iron ore, which are also needed for various other applications. The text highlights that investment levels have been low compared to previous years, but there is a growing demand for these materials due to their importance in decarbonization efforts.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/business/2024/02/18/why-the-worlds-mining-companies-are-so-stingy
#miningindustryinvestments #metaldemandfordecarbonization

2024-02-23 09:22:20

A man named Saba Sulidze-Donauri sets out on a quest to find his missing family members in Georgia. The text also mentions magical elements such as cryptic clues, a roaming tiger, and wolves.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/culture/2024/02/22/a-gripping-genre-bending-novel-explores-georgias-troubled-history
#Georgia #MagicalElements #QuestForFamilyMembers #CrypticClues #RoamingTiger #Wolves

2024-02-23 08:51:58

Home prices have been rising rapidly due to low mortgage rates, but these higher home prices may be starting to level off as mortgage rates are expected to fall.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/21/when-will-home-prices-stop-rising-forecast-economist-peak/
#RealEstate

2024-02-23 08:21:36

Tiffany's has undergone a $500 million renovation and now offers a more modern shopping experience, featuring LED screens displaying diamond birds over Central Park. The store also features ten floors for silver, gold, and "masterpieces", and an appointment-only level on the roof. Additionally, LVMH has made large purchases of retail properties in London and Paris, with Prada and Kering both recently acquiring spaces on Fifth Avenue as well. These deals are being completed at breakneck speeds and for record prices, with some deals taking only a few weeks from handshake to completion. The Kering deal is the largest high-street retail property purchase in American history.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/finance-and-economics/2024/02/22/gucci-prada-and-tiffanys-bet-big-on-property
#TiffanyandCo #LVMH #Prada #Kering

2024-02-23 07:51:00

Eswatini's nautical credentials are questionable due to its landlocked location and lack of coastal ports, despite claiming to offer maritime services and registrations.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/business/2024/02/22/why-does-landlocked-eswatini-have-a-ship-registry
#LandlockedCountry #NauticalCredentials

2024-02-23 07:20:46

Nvidia and OpenAI are two different companies in the world of artificial intelligence with Nvidia being known for its chipmaking powerhouse, while OpenAI focuses on developing AI tools and APIs.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/22/openai-nvidia-ai-darlings-very-different-wildy-successful/
#Nvidia #OpenAI #ArtificialIntelligence #ChipmakingPowerhouse #DevelopingAItoolsandAPIs

2024-02-23 05:50:05

Reddit is taking a nontraditional approach with its IPO by making a portion of its shares available to some of its most loyal users before the general public. The move is meant to appeal to the user base and create a deeper sense of ownership among those who contribute their time to managing the site, potentially engendering even greater loyalty. However, this approach could also come at a cost if the stock price sinks after the IPO, with individual investors being the most affected."
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/22/reddit-unusual-ipo-redditors-loyal-users/
#RedditIPO #NontraditionalApproach #LoyalUserBase #GreaterLoyalty #StockPriceSink

2024-02-04 08:34:59

Mike Davis argues in his 1998 book "Ecology of Fear" for allowing Malibu to burn as a result of its design and the way fires are dealt with, while also highlighting the importance of understanding native Californians' knowledge about small controlled fires. The author experienced ash falling from a fire in West Hollywood, which made them reflect on their own experience with climate change and how it affects daily life.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/books/archive/2024/02/manjula-martin-the-last-fire-season-california-climate-change/677328/
#MikeDavis #EcologyOfFear #MalibuBurn #DesignAndFires #UnderstandingNativeCaliforniansKnowledge #SmallControlledFires #AshFallingFromAFire

2024-02-04 08:02:28

The author's experience with registering their children for summer camp highlights the limitations and challenges of using AI tools in complex, time-consuming tasks.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/02/forget-turing-test-ai-pass-summer-camp-test-take-over-tech/
#AIChallenges #ComplexTaskLimitations

2024-02-04 07:30:42

LNG exports from the United States to Europe increased dramatically in 2021 due to a combination of factors including strong official support from the Joe Biden administration and private companies redirecting cargoes destined for Asia. However, on January 26th, 2023, President Joe Biden announced a temporary pause on pending LNG-export projects in order to scrutinize their economic, security, and environmental impacts, which has disappointed climate campaigners who see natural gas as a cleaner transition fuel but delighted those who view it as an unreliable partner. The text also discusses the increase in methane emissions during production and transport of LNG, which is seen by some as a powerful greenhouse gas that can contribute to global warming.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/business/2024/02/01/joe-bidens-limits-on-lng-exports-wont-help-the-climate
#LNGExports #BidenAdministration #PrivateCompanies #StrongOfficialSupport #RedirectingCargoes #Asia #JoeBiden

2024-02-04 06:24:55

Conservationists can be quite conservative, but their thinking has been slow to change regarding the notion that introduced species are bad for ecosystems. Researchers have debated whether this framework is useful and some argue that the origin of a species does not reliably predict if it will cause a problem in a particular ecosystem. The text also highlights how acrimonious the debate can be and notes that a recent study strengthened the case for the "denialist" position regarding introduced herbivores weighing more than 99 pounds. These animals are often considered invasive, but the study found that their impact on ecosystems is not as negative as previously thought.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/science/archive/2024/02/invasive-species-large-herbivores-plants/677325/
#Conservationists #Ecosystems #InvasiveSpecies #NegativeImpact

2024-02-04 05:52:23

Mark Zuckerberg appeared before the Senate yesterday and it's a reminder that he’s still very much a power broker in Silicon Valley. Three new stories from The Atlantic are also provided, discussing polyamory, borrowing, and deer testing a nightmare disease. In addition, the text mentions other CEOs who have testified before the Senate Judiciary Committee along with Zuckerberg, including Evan Spiegel of Snap, Linda Yaccarino of X, Shou Zi Chew of TikTok, and Jason Citron of Discord. The text also discusses how lawmakers are concerned about the dangers of Big Tech and that Zuckerberg was a target of particularly harsh grilling from lawmakers. Senators Josh Hawley and others criticize him for his company's product being addictive, causing harm to children, and not doing enough to protect them online.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/newsletters/archive/2024/02/zuckerberg-senate-hearing-tech-ceos/677324/
#MarkZuckerberg #SenateHearing #BigTechConcerns #SocialMediaAddiction #ChildOnlineSafety

2024-02-04 05:18:31

Generative AI has recently gained popularity but may shift the industry's balance of power away from dominant tech giants towards smaller, more cost-efficient models tailored to specific business purposes. This shift will open up opportunities for companies that have the right data, even if they are not currently viewed as technology leaders. The text also highlights the growing demand for GenAI models and the potential revenue opportunities that this presents for enterprises.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/02/ai-genai-corporate-power-dynamics-leadership-bcg/
#GenerativeAI #ShiftInPower #CostEfficientModels #BusinessPurposes #DataDriven #RevenueOpportunities

2024-02-04 04:45:06

Despite President Joe Biden's poor approval ratings when it comes to economic management, there are three lessons that emerge from studies which suggest that the state of the American economy could actually boost his chances of re-election.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/finance-and-economics/2024/02/01/bidens-chances-of-re-election-are-better-than-they-appear?itm_source=parsely-api
#AmericanEconomy #PresidentJoeBiden #ReelectionChances

2024-02-04 04:13:51

Becoming a parent does not require any formal training or preparation, while the ways people used to learn about child-rearing are falling apart. Many parents struggle with figuring out how to raise their children on their own without any formal education or guidance.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/family/archive/2024/02/intensive-parenting-learn-classes/677329/
#ChildRearing #Parenting

2024-02-04 03:43:16

Scrub Daddy inventor Aaron Krause sold his first company to 3M but they rejected his dish sponge, which was eventually successful on Shark Tank and now has $220 million in sales.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/02/scrub-daddy-founder-interview-shark-tank-success-story/
#SuccessStory #SharkTank #Entrepreneurship

2024-02-04 03:12:23

Ernest Cole was born in 1940 to a Black family in South Africa and witnessed the formalization of apartheid regime as a child, later working for Drum magazine as one of the first Black freelance photographers. He smuggled photos out of South Africa to publish a book titled "House of Bondage" which introduced many people around the world to the horrors of apartheid. Cole was banned from South Africa and faded into obscurity in New York City before his mysterious invitation to Sweden where he left tens of thousands of negatives, much of which had not been previously published. The American series began with a grant from Ford Foundation to explore America's racial hierarchy.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/magazine/archive/2024/03/ernest-cole-true-america-photographs/677169/
#Apartheid2 #ErnestCole3 #DrumMagazine4 #HouseOfBondage5 #SouthAfrica6 #NewYorkCity7 #Sweden8

2024-02-04 02:08:18

There has been discussion about Elon Musk stepping down as CEO of Tesla and experts suggest that he should relinquish day-to-day operations in order to focus on innovating new products. It's argued that this approach would be similar to what he does at his social media platform X, where Linda Yaccarino is in charge while Musk focuses on driving innovation. Some experts believe that Tesla needs a professional CEO like Google's Eric Schmidt or Facebook's Sheryl Sandberg who can manage the company under the overarching strategic direction of Musk, and that Zack Kirkhorn might have been such an individual before he abruptly left. The text also discusses the challenges faced by Tesla due to a flawed governance culture, for which Musk is responsible, and the potential benefits of finding someone like Shotwell who has worked with him quietly over a long period.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/03/elon-musk-tesla-ceo-board-directors-corporate-governance/
#Tesla #ElonMusk #CEO #X #LindaYaccarino #Google #EricSchmidt

2024-02-04 01:35:25

Alaska's North Slope is rich in natural resources like oil, gas, and minerals but lacks rocks, which are essential for building projects, road construction, runways, and other infrastructure. The demand for gravel is high, and there are limited resources available to meet the need.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/science/archive/2024/02/alaska-north-slope-gravel/677340/
#NaturalResources #OilGasAndMinerals #LimitedRocksForConstruction #HighDemandForGravel

2024-02-04 01:04:12

The newsletter recommends stories to spark curiosity and fill readers with delight, and they also share perspectives from their writers about love, relationships, and marriage.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/newsletters/archive/2024/02/marriage-relationships-lessons/677346/
#curiosity #delight #love #relationships #marriage

2024-02-04 00:33:22

There is a transformative deal in the making which involves using hostage-release to reset Israeli politics, and then use that reset as a basis for a deal between Israel and Saudi Arabia, with American security guarantees underpinning it. There is hope for such a deal because Israel may wish to pause its campaign against Hamas due to losing half of its territory, fighters, tunnels, and leaders, but not the most senior ones.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/leaders/2024/02/01/how-to-end-the-middle-easts-agony?itm_source=parsely-api
#IsraeliPolitics

2024-02-04 00:02:12

Generative AI has the potential to transform business and work through its ability to help with talent development, productivity, and knowledge management.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/02/3-key-areas-business-leaders-generative-ai-manage-talent-intel/
#GenerativeAI #TransformingBusiness #TalentDevelopment #Productivity #KnowledgeManagement

2024-02-03 23:31:17

Many Gen Z and millennials are skipping home ownership in favor of lavish getaways, designer handbags, and luxury brands. They are more concerned with enjoying the present moment rather than planning for their future.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/03/housing-market-gen-z-spending-influencer-lifestyle-envy/
#luxurybrands

2024-02-03 23:00:15

Hedge funders were mixing drinks named after Carlyle Group Inc. at Fontainebleau Miami Beach, signaling their return to town during Hedge Fund Week in January 2021. The event also attracted a large number of wealthy financiers who relocated to Florida for its low taxes and good weather. Politically, the event has become a gathering of kingmakers where money managers are now influencing elections, with both President Joe Biden and former President Donald Trump vying for power in November 2021.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/03/miami-hedge-fund-week-wall-street-south-billionaires-conferences-fundraisers/
#HedgeFunds #FinancialWealth #ElectionInfluence

2024-02-03 22:28:08

Despite efforts to address racial disparities in homeownership, it would take more than three centuries for the gap between black and white homeownership to close. Additionally, housing affordability affects black residents more due to long-standing institutional and societal issues as well as lower pay compared to their white counterparts.
Read this story from "Fortune" for free without being tracked.
https://read.distractionfree.site/fortune/2024/02/02/how-big-black-white-homeownership-gap-mckinsey-320-years/
#racialdisparities #homeownership #housingaffordability #blackresidents #whiteresidents #institutionalsegregation #societalexclusion

2024-02-03 21:56:16

There is a modest but growing chance of turning catastrophe into opportunity in the Middle East, with American officials working hard to secure a long humanitarian pause in the fighting between Israel and Hamas. They aim for a permanent ceasefire and a regional peace deal involving Saudi Arabia's recognition of Israel, Palestinian reform, and US measures to sweeten the deal. The officials believe that they have even odds on securing the hostage deal in the coming weeks, with the best opportunity to secure regional peace before America's presidential election in November. However, there is also a danger of uncontrolled escalation present at all times.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/middle-east-and-africa/2024/02/01/americas-shuttle-diplomacy-to-wind-down-the-war-in-gaza
#MiddleEast2 #Israel3 #Hamas4 #Ceasefire5 #RegionalPeace6 #SaudiArabia7 #Recognition8

2024-02-03 21:24:18

Moving from a suburban area to an urban environment can lead to a newfound excitement and appreciation for life in the city. Books such as Dream City, Go-Go Live, and Chocolate City have helped people understand and appreciate the history, culture, and politics of their new home.
Read this story from "The Atlantic" for free without being tracked.
https://read.distractionfree.site/theatlantic/newsletters/archive/2024/02/books-briefing-book-recommendations-big-city/677330/
#UrbanExperience #CityCulture #NewBeginnings

2024-02-03 20:52:20

Farmers across Europe have been protesting against changes in agricultural policies and subsidies, with some camped outside Paris blocking motorways. The revolt is a result of the decline of traditional privileges and changing global forces, which many Europeans are experiencing as well.
Read this story from "The Economist" for free without being tracked.
https://read.distractionfree.site/economist/europe/2024/02/01/europes-grumpy-farmers-are-a-symptom-of-wider-malaise
#AgriculturalProtests #FarmersRevolt #DeclineOfTraditionalPrivileges

2024-02-03 20:20:38

Woodrow Wilson's reputation has suffered a rapid and total reversal since his death 100 years ago. His causes of progressive reform at home and liberal internationalism abroad were once widely supported, but have been subordinated to the politics of identity by the American left and rejected by the American right. As a result, Wilson's standing has been crushed between these two political camps.
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https://read.distractionfree.site/theatlantic/magazine/archive/2024/03/woodrow-wilson-racism-civil-rights/677174/
#PresidentWoodrowWilson #100YearsAfterHisDeath #ReputationHasSufferedATotalReversal #PoliticsOfIdentity #AmericanLeftAndRightRejectHisCauses

2024-02-03 19:49:00

A Civil Rights magnetic activity produced by Target contained significant errors regarding important figures in the civil rights movement and that Target has announced it will stop selling the product after being called out on TikTok.
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https://read.distractionfree.site/fortune/2024/02/02/high-school-teacher-catches-target-civil-rights-icons-black-history/
#TargetCivilRightsError #CivilRightsMagneticActivity #TikTokCallout

2024-02-03 18:46:14

Beauty can lead to financial benefits and success in one's career or business.
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https://read.distractionfree.site/fortune/2024/02/03/attractiveness-pay-premium-pretty-privilege-economist-daniel-hamermes/
#BeautyIsInTheEyeOfTheBeholder #BeautyIndustry

2024-02-03 18:15:35

El Salvador's president Nayib Bukele has implemented dictatorial measures in order to tackle gang violence and achieve peace, which have resulted in a reduction of the murder rate, but at the cost of civil liberties.
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https://read.distractionfree.site/economist/leaders/2024/02/02/gangsters-in-el-salvador-are-terrified-of-strongman-nayib-bukele
#Dictatorship #GangViolence #Peace #CivilLiberties

2024-02-03 17:44:39

Football coaches are difficult to evaluate and that Jürgen Klopp's departure from Liverpool has left fans dismayed due to his positive impact on the club. However, the text also highlights that Mr Klopp accepted delegation and worked well with his team, which contributed to his success at the club. The text also mentions Mr Klopp's longevity and the challenges faced by Liverpool in replacing him after a series of high-level departures.
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https://read.distractionfree.site/economist/culture/2024/02/02/how-do-you-replace-a-coach-like-jurgen-klopp
#FootballCoachEvaluation #JurgenKloppImpact #DelegationAndTeamwork #LongevityChallenge #HighLevelDepartures

2024-02-03 17:13:21

Meta's parent company, Facebook, has been valued at $1.2 trillion and announced another set of glittering results for the same, but it is also undergoing a profound transformation in terms of its functioning and usage patterns. The social network is now valued at $1.2 trillion, yet even as it reliably draws vast amounts of attention from addicts and critics alike, it is undergoing a profound change in the way it operates and functions. The weird magic of online social networks was to combine personal interactions with mass communication, but now this amalgam is splitting in two again, and people are migrating to closed groups for public posting rather than status updates from friends. This matters because social media are how people experience the internet, and they take up nearly half of mobile screen time and consume more than a quarter of waking hours. As well as being fun, social media are the crucible of online debate and a catapult for political campaigns, but in recent years their functioning has changed dramatically, with apps like Facebook becoming less social and inspired by TikTok, which serves more as an entertainment platform than a means of social interaction.
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https://read.distractionfree.site/economist/leaders/2024/02/01/the-end-of-the-social-network?itm_source=parsely-api
#FacebookValuedAt12Trillion #GlitteringResultsAnnounced #ProfoundTransformationUnderway #WeirdMagicOfOnlineSocialNetworks #MassCommunicationAndPersonalInteractions #CloselyGroupsForPublicPosting #InternetExperience

2024-02-02 18:20:24

A vaccinologist envisions a doomsday illness that would be easy to spread, have slow and subtle progression, no treatments or vaccines, pervasive in our food and drink, and cause fatal neurodegenerative disorder.
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https://read.distractionfree.site/theatlantic/science/archive/2024/02/deer-chronic-wasting-disease-prions-spillover-people/677307/
#Vaccinologist #DoomsdayIllness #SlowAndSubtleProgression #FatalNeurodegenerativeDisorder #PervasiveInOurFoodAndDrink

2024-02-02 17:49:51

War accelerates arms races and encourages the use of controversial technologies such as land mines, cluster munitions, unmanned aerial vehicles (UAVs), and artificial intelligence.
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https://read.distractionfree.site/theatlantic/ideas/archive/2024/02/artificial-intelligence-war-autonomous-weapons/677306/
#WarAcceleratesArmsRace #EncouragesUseOfControversialTechnologies #LandMines #ClusterMunitions #UnmannedAerialVehicles #ArtificialIntelligence

2024-02-02 17:18:46

Employers added 353,000 jobs in January, the unemployment rate stayed at 3.7%, public polls show widespread dissatisfaction, but recent surveys show public approval gradually improving. The Fed took note of the economy's durability and Chair Jerome Powell said that while it's nearing a long-awaited shift toward cutting interest rates, it's in no hurry to do so. The text also mentions the intensifying presidential campaign pivoting in part on views of President Joe Biden's economic stewardship.
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https://read.distractionfree.site/fortune/2024/02/02/january-jobs-report-335000-beats-expectations-soft-landing-economy/
#Employment #UnemploymentRate #PublicDissatisfaction #FedPolicy #PresidentialCampaign

2024-02-02 16:47:30

A group of graduate students were tasked with outwitting a large language model (LLM) and breaking its guardrails while trying to come up with non-existent academic articles. It also discusses the potential benefits and drawbacks of AI in science, including its ability to facilitate scientific misconduct and perpetuate biases.
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https://read.distractionfree.site/economist/science-and-technology/2024/02/01/ai-could-accelerate-scientific-fraud-as-well-as-progress
#AI #LanguageModel #Science #GraduateStudents #BreakingGuardrails #AcademicArticles #BenefitsAndDrawbacks

2024-01-24 16:13:39

Donald Trump remains popular among Republican voters despite his turmoil and scandal during his time as President and post-presidency, while other challengers have looked unoriginal and uninspiring, leaving Nikki Haley as the last woman standing. However, she has vowed to continue fighting on in her campaign. Donald Trump is displeased with this development."
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https://read.distractionfree.site/economist/united-states/2024/01/24/after-winning-new-hampshire-trump-is-cruising-to-the-nomination
#TrumpRemainsPopularAmongRepublicans #NikkiHaleyVowsToContinueFightingOnInHerCampaign

2024-01-24 15:42:31

Last year was the hottest ever recorded and that human greenhouse gas emissions are the main reason for global warming. The natural climate cycle known as El Niño has also been identified as a factor in making 2024 potentially hotter than previous years.
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https://read.distractionfree.site/economist/science-and-technology/2024/01/10/2023-was-the-hottest-year-ever
#ClimateChange #GlobalWarming #ElNino #HumanEmissions #RecordBreakingTemperatures #ImpactOnPlanet

2024-01-24 15:11:43

The US government has been tightening restrictions on the sale of American semiconductors to China and that Nvidia had started developing a new, slightly less powerful AI chip for the Chinese market as a workaround. The text also mentions that Jensen Huang and other chip bosses have been summoned to testify in Congress about their Chinese business, and that ABB's links with China are being investigated by American lawmakers. The text concludes by mentioning that harsher measures against Chinese technology will be difficult to design due to the mixed record of export controls so far.
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https://read.distractionfree.site/economist/business/2024/01/21/why-americas-controls-on-sales-of-ai-tech-to-china-are-so-leaky
#AIChip #Semiconductors #USGovernment #Nvidia

2024-01-23 23:57:44

President Joe Biden has been trying to help Israel in its war with Hamas, but Iran and its proxies have been attacking American troops and ships in Iraq and Yemen. The dilemma for Mr. Biden is whether to take stronger action against Iran or risk a new war in an election year. The Houthi militia in Yemen is also targeting ships passing through the Bab al-Mandab strait despite receiving help from members of the IRGC, and America's strikes on them are not stopping their attacks.
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https://read.distractionfree.site/economist/middle-east-and-africa/2024/01/21/america-and-iran-step-closer-to-the-brink-of-war?itm_source=parsely-api
#IranProxies #PresidentJoeBiden #Yemen #HouthiMilitia #BabAlMandabStrait

2024-01-23 23:26:02

Benito the giraffe was transferred from a city-run zoo in Mexico to a conservation park in central Mexico due to weather conditions not suitable for him. The transfer took place on Sunday night and he arrived at his new home, the African Safari park in Puebla, after a journey of 2,000 kilometers (1,200 miles) and about 50 hours on the road. Benito was allowed to familiarize himself with the container during the weekend before being transferred. The weather conditions at his previous home were not suitable for him, so he was moved to a new location where the climate is more akin to his natural habitat.
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https://read.distractionfree.site/fortune/2024/01/22/extreme-weather-benito-giraffe-leaves-mexico-border-south-puebla/
#Transfer #ConservationPark #AfricanSafari

2024-01-23 22:53:30

Moody’s Analytics has found 21 million “red flags” associated with shell companies that could be used to enable financial crimes. These red flags include atypical directorship, mass registration, dormancy, circular ownership, and more. The report also highlighted the fact that $1.6 trillion is laundered annually through these shell companies, despite new regulations aiming to improve transparency. Moody’s Analytics found that there are some cases where companies have reported revenues of over $2 billion with only one employee or even less than five years old directors and thousands of entities with a registered address at Egypt's pyramids. Additionally, one individual held 5,751 roles at 2,883 different entities. The study also found that the UK has the highest number of shell company risks among all countries, followed by the US.
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https://read.distractionfree.site/fortune/2024/01/22/moodys-red-flags-shell-companies-directors-123-years-old/
#ShellCompanies #FinancialCrimes #RedFlags #Regulation #Laundering #Transparency #Directors

2024-01-23 22:19:52

China's foreign investors are experiencing a challenging market due to souring relations with Western governments, an unprecedented slump in the country’s property market, and losses from the Chinese stock market.
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https://read.distractionfree.site/economist/finance-and-economics/2024/01/22/how-to-replace-china-in-your-portfolio
#ChinaEconomy #ForeignInvestors #PropertyMarket #StockMarket

2024-01-23 21:48:54

Mentions of artificial intelligence on earnings calls have skyrocketed since the release of ChatGPT, and it is expected to reinvent business as we know it. It also highlights how generative AI is democratizing specialized knowledge work previously reserved for highly trained or deep-pocketed individuals, and forcing organizations to modernize their technology architecture in order to stay relevant.
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https://read.distractionfree.site/fortune/2024/01/22/over-30000-mentions-ai-earnings-calls-2023-c-suite-leaders-massive-technology-shift/
#ChatGPT #GenerativeAI #SpecializedKnowledgeWork #TechnologyArchitectureModernization

2024-01-23 21:16:57

There were two big problems and two leading theories about what was causing them in America. Over the preceding three years, the murder rate had reached levels not seen since the mid-1990s, which was widely attributed to reductions in policing following the protests over the murder of George Floyd. The inflation rate was even worse, by historical standards, peaking in 2022 at 9 percent, the highest number since 1981. This, in turn, was believed to be the result of Congress and the Biden administration pumping too much money into the economy. Each theory implied a solution to its respective crisis. To bring crime back down, America’s cities would have to empower their depleted and demoralized police forces. To tame inflation, the Federal Reserve would have to crush consumer spending by triggering a recession. Both theories now appear to have been wrong as over the course of 2023, police forces kept shrinking, yet overall violent-crime rates plummeted to their lowest levels since the 1960s, according to preliminary FBI data. The economy boomed even as inflation came just about all the way down to the Fed’s 2 percent target. In surveys, most Americans say that crime and inflation are still rising, but they're wrong. Call it the Great Normalization: The twin crises largely evaporated, and no one is totally sure why.
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https://read.distractionfree.site/theatlantic/ideas/archive/2024/01/crime-and-inflation-decline-theories/677152/
#CrimeRate #InflationRate #Fed #Recession #BidenAdministration #GeorgeFloydProtests #FBIData

2024-01-23 20:43:19

There has been a lot of attention on a pink cup launched by Stanley and available only at Target, with fans lining up in parking lots to get their hands on one before they sell out. There have also been instances of arguments breaking out between shoppers over who was cutting whom in line, and store patrons trying to tackle a man who had grabbed a box full of tumblers and made a run for it. People are wondering where this fervor came from and why it is causing such a frenzy among suburbanites.
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https://read.distractionfree.site/theatlantic/technology/archive/2024/01/stanley-cups-valentines-day-target-starbucks/677190/
#StanleyPinkCupFever #TargetSuburbaniteFrenzy

2024-01-23 20:11:24

Ron DeSantis has been compared to King David and Donald Trump's Saul by a man at a sports bar in Dubuque, Iowa. The man also mentioned how both DeSantis and Trump have fought against each other instead of focusing on their original goal, which was fighting the Philistines (leftists) who were trying to take over the kingdom. Additionally, the man said that neither of them are anointed by God, but DeSantis claims he is a servant of the people and talks about humility a lot.
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https://read.distractionfree.site/economist/1843/2024/01/10/ron-desantis-takes-his-last-gasps-in-iowa
#RonDeSantis #KingDavid #Saul #DonaldTrump #Philistines #Leftists #Humility

2024-01-23 19:09:32

Electric vehicles (EVs) from China are setting new standards for speed and are spreading around the globe, upending the industry used to a sedate cycle of marginal improvements. In 2023, Chinese industry groups claim that China became the world's biggest exporter of cars in part because of surging sales of EVs, overtaking Japan as the global leader. In the final quarter of 2023, BYD surpassed Tesla as the world's biggest manufacturer of purely battery-powered vehicles and selling more than them. The shift away from internal combustion engines (ICE) is gathering pace, and established carmakers are beginning to worry that Chinese upstarts might run them off the road due to their expertise in EVs, government subsidies, and domestic market size. However, many of these new EV startups are not yet profitable despite the generous handouts from the government, and as their exports increase, the government may balk at subsidizing them further.
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https://read.distractionfree.site/economist/briefing/2024/01/11/western-firms-are-quaking-as-chinas-electric-car-industry-speeds-up
#ElectricVehicles #China #EVIndustry #BYD #Tesla #InternalCombustionEngines #GovernmentSubsidies

2024-01-23 18:36:56

Donald Trump's victory in Iowa's caucuses is causing anxiety among large American corporations, but some are quietly welcoming the chaos trade as it presents opportunities for growth and profit.
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https://read.distractionfree.site/economist/leaders/2024/01/18/donald-trump-is-winning-business-beware?itm_source=parsely-api
#Anxiety #ChaosTrade #OpportunityForGrowth #Profit

2024-01-23 18:06:09

Applebee's is offering a Date Night Pass that allows holders to claim 52 meals over the course of next year at a discounted price. The pass can be purchased on Applebee's website and covers up to $30 of food per use, with some locations declining participation due to management disinterest in promoting love.
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https://read.distractionfree.site/fortune/2024/01/22/applebees-date-night-pass-52-meals-200-dollars-per-year/
#ApplebeesDateNightPass #Love #FoodDiscount #LocationManagement

2024-01-23 17:35:32

Sweden has a high level of unionization and that Tesla's refusal to negotiate with unions has led to a strike.
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https://read.distractionfree.site/economist/1843/2024/01/18/swedens-polite-war-with-elon-musk
#SwedenUnionization #TeslaStrike

2024-01-23 17:04:59

The International Court of Justice has heard an average of fewer than three cases a year and that one of its recent trials involved Israel being accused of committing genocide in Gaza. Palestinians were elated by the sight of Israel in court after decades of impunity for its conduct in occupied territories, and crowds gathered to watch it broadcast in squares in Ramallah. The text also discusses South Africa's case against Israel at the ICJ, which asks the court for provisional measures such as stopping fighting in Gaza. However, the legal strategy of labeling some of Israel’s actions as war crimes while seeking to prove genocide is risky because it may make the debate about the label rather than the actions themselves. The text also discusses how legally, genocide is a tightly defined concept and hard to prove, which makes it difficult for South Africa to prove its case against Israel at the ICJ.
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https://read.distractionfree.site/economist/international/2024/01/17/the-genocide-case-israel-faces-is-more-about-politics-than-the-law
#ICJ #InternationalCourtOfJustice #Palestine #Israel #SouthAfrica #Genocide

2024-01-23 16:32:52

Both Republican and Democratic presidents have had different economic policies, with Donald Trump's stimulus packages contributing to inflation in 2021, while Joe Biden's economic recovery was strong but eroded by high inflation.
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https://read.distractionfree.site/economist/graphic-detail/2024/01/05/ten-charts-compare-joe-bidens-record-with-donald-trumps?itm_source=parsely-api
#EconomicPolicy #StimulusPackages #Inflation

2024-01-23 16:01:40

Michael Jordan made a shoe from each of his six championships with the Chicago Bulls and gave it to Tim Hallam as a ritual after each victory, which Sotheby's is now auctioning off.
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https://read.distractionfree.site/theatlantic/technology/archive/2024/01/air-jordan-trend-is-over/677195/
#MichaelJordan #ChicagoBulls #Sothebys #Auction

2024-01-23 15:30:53

The construction of a temple in Ayodhya has been a central issue for the Bharatiya Janata Party (BJP) and its leader Narendra Modi, which has led to riots and bloodshed, and that the consecration ceremony will be used by Mr. Modi as a launchpad for his party's campaign in the upcoming national election.
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https://read.distractionfree.site/economist/briefing/2024/01/18/narendra-modis-electoral-juggernaut-looks-unstoppable
#AyodhyaTempleConsecrationCeremony #BJP #NarendraModi #RiotsAndBloodshed #NationalElection2019

2024-01-23 14:58:24

The nation's rivers and streams remain polluted with nutrients that contaminate drinking water and fuel a gigantic dead zone for aquatic life in the Gulf of Mexico, according to an Environmental Protection Agency assessment. The assessment found that more than half of the basin's miles of rivers and streams were in poor condition for nitrogen and phosphorus from fertilizer that drains into waterways, and it is a problem expected to get harder to control as climate change produces more intense storms that pick up commercial fertilizers and carry them into nearby rivers. The assessment also found that phosphorus levels dipped slightly while nitrogen levels remained almost exactly the same, and that about half of all river miles were rated as having poor biological health for bottom dwelling species such as snails, worms, beetles, etc.
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https://read.distractionfree.site/fortune/2024/01/22/epa-rivers-waters-gulf-of-mexico-pollution-dead-zone-unchanged-no-progress/
#environmentalpollution #deadzoneforaquaticlife

2024-01-23 14:24:26

The Federal Reserve's internal watchdog cleared two former policymakers Robert Kaplan and Eric Rosengren of legal wrongdoing in a probe into their personal trading activity, but chastised them for undermining public confidence in the central bank. The report also found that neither of the trades violated federal law or broke any rules or regulations, but called the rules in place at the time inadequate and said the trading created an appearance of a conflict of interest. Furthermore, the text highlights that Kaplan's trades also created an appearance that he was acting on information gleaned from confidential policy deliberations, which has increased scrutiny and criticism of the Fed.
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https://read.distractionfree.site/fortune/2024/01/22/federal-reserve-robert-kaplan-eric-rosengren-stock-funds-trades-technically-legal/
#FederalReserve #ConflictOfInterest #WatchdogReport #CentralBank #PersonalTradingActivity #UnderminingPublicConfidence #ViolationOfFederalLaw

2024-01-23 13:52:09

I'm sorry but I am unable to interpret the text you provided as it is not a question or an instruction that I can respond to. Could you please provide me with a task or request that I could assist you with?
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https://read.distractionfree.site/fortune/2024/01/22/legendary-ceo-james-keyes-7-eleven-blockbuster/
#SorryImUnableToHelpYou #CanYouProvideMoreDetails #WhatKindOfAssistanceAreYouLookingFor

2024-01-23 13:21:32

United Airlines CEO Scott Kirby has been expressing his concerns about the ongoing quality lapses at Boeing and has stopped short of directly appealing for change to Boeing's top brass. He has also discussed the grounding with US Transportation Secretary Pete Buttigieg, who is monitoring the situation, but there are no indications yet of what steps the Biden administration would take in response to complaints about Boeing. The FAA is doubling down on its scrutiny of Boeing by asking airlines to inspect door plugs on an older 737 model, highlighting the pressure on Boeing CEO Dave Calhoun and the company's directors.
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https://read.distractionfree.site/fortune/2024/01/22/united-airlines-ceo-scott-kirby-loses-confidence-in-boeing/
#Boeing #UnitedAirlines #ScottKirby #PeteButtigieg #FAA #737

2024-01-23 12:49:51

Texas officials have spent billions of dollars on barriers to deter migrants while other Republican lawmakers called Donald Trump the "presumptive nominee". Democrats are hoping abortion rights will be a winning issue for them in 2024. E. Jean Carroll's second defamation case against Donald Trump encountered several hiccups on Monday, and parents in Florida demanded that Bridget Ziegler resign from a school board following revelations that she and her husband slept with another woman.
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https://read.distractionfree.site/economist/in-brief/2024/01/22/republican-field-narrows-haleys-new-hampshire-endorsement
#TexasBorderWall #AbortionRights #BridgetZiegler

2024-01-23 12:18:59

Papa John's has been investing in artificial intelligence for half a decade and plans on spending more on it in the future. They are exploring AI-enabled robotics and voice automation but have faced challenges with their discount offers using AI bots. Canva started to see visual manifestations of AI about four years ago, acquired Kaleido, and is investing in AI for its graphic design platform.
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https://read.distractionfree.site/fortune/2024/01/12/ai-playbook-c-suite-cto/
#AIInvestment #PapaJohns #VoiceAutomation #DiscountOffers #Canva #Kaleido #GraphicDesignPlatform

2024-01-23 11:47:35

Jacob Elordi hosted Saturday Night Live but was criticized for being too handsome and the show's focus on his attractiveness was seen as regressive and frustratingly stale, while Renée Rapp's performance was praised for her star-making turn.
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https://read.distractionfree.site/theatlantic/culture/archive/2024/01/jacob-elordi-snl/677209/
#JacobElordi #SaturdayNightLive #HandsomeBoy #RegressiveAndFrustratinglyStale #ReneeRapp

2024-01-23 11:16:17

There were few new releases in movie theaters during a quiet weekend and Paramount Pictures' Tina Fey-scripted musical "Mean Girls" repeated atop the box office with $11.7 million in ticket sales, while a handful of awards contenders sought to make an impact ahead of Oscar nominations Tuesday. The top 10 films collectively accounted for just $51.3 million in box office, and there are significant holes throughout this year's movie calendar due to production delays caused by last year’s strikes.
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https://read.distractionfree.site/fortune/2024/01/22/weekend-box-office-musical-mean-girls-anyone-but-you/
#MovieIndustry #BoxOffice #OscarNominations #ProductionDelays

2024-01-23 10:45:07

Georgia's Senate plans to hold a hearing on Monday regarding a bill limiting the increases in home values for property tax purposes, while Republican House Speaker Jon Burns proposes doubling the state's homestead tax exemption. In addition, Texas voters approved a plan cutting taxes by $18 billion, Kansas endorsed larger exemptions to cut taxes by $100 million annually, and Colorado lawmakers passed measures to provide higher residential deductions and lower assessment rates. Pennsylvania is also using lottery proceeds to subsidize rent for seniors and people with disabilities. The text discusses the push from Republicans to keep tax revenues level by rolling back tax rates even when property values increase, and how this has led to a groundswell among state lawmakers to provide relief in response to voter discontent over higher levies.
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https://read.distractionfree.site/fortune/2024/01/22/soaring-georgia-home-values-raised-real-estate-taxes-41-2018-lawmakers-cap-rise/
#TaxRelief #PropertyTaxes #HomesteadTaxExemption #KansasTaxCuts #ColoradoTaxReform #PennsylvaniaLotteryProceeds #StateLegislation

2024-01-23 09:42:01

Elon Musk visited Auschwitz-Birkenau concentration camp in Poland with his son as part of his efforts to defend X against accusations of spreading antisemitism. During the tour, he met with Rabbi Menachem Margolin and Holocaust survivor Gidon Lev, and hosted a discussion with Ben Shapiro on the topic of social platforms like X. Musk also acknowledged being "frankly naive" about the spread of antisemitism and reiterated that he is "aspirationally Jewish."
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https://read.distractionfree.site/fortune/2024/01/22/elon-musk-holocaust-auschwitz-pretty-naive-antisemitism-israel-poland/
#ElonMusk #AuschwitzBirkenau #Poland #HolocaustSurvivor #RabbiMenachemMargolin #BenShapiro

2024-01-23 09:10:18

The Suez Canal has transformed trade between Asia, Europe and the Middle East, but it's under threat from militant groups who have been firing drones and missiles at ships in the Red Sea. This disruption to shipping in the area has led to a significant drop in cargo volume compared to previous years, with ships now being re-routed around Africa instead of sailing through the Red Sea.
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https://read.distractionfree.site/economist/graphic-detail/2024/01/18/tracking-ships-in-the-red-sea
#SuezCanal #Trade #MiddleEast #RedSea #MilitantGroups #Shipping #CargoVolume

2024-01-23 08:38:48

South Africa's claim that Israel is committing genocide against the Palestinians cheapens the term and risks weakening the taboo against genocide by obscuring the real worry that Israel's destructive campaign is breaking the laws of war. It also highlights how South Africa has called on the International Court of Justice to impose a unilateral ceasefire on Israel, which would leave it unable to defend itself against Hamas, a terrorist group whose founding charter calls for the killing of Jews.
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https://read.distractionfree.site/economist/leaders/2024/01/18/charging-israel-with-genocide-makes-a-mockery-of-the-icj
#SouthAfrica #Palestine #Israel #Genocide #InternationalCourtOfJustice #UnilateralCeasefire #Hamas

2024-01-23 08:07:17

The RTO wars have been winding down and many large companies have adopted stricter return to office policies over time. The prevalence of these policies could drive incremental gains when it comes to RTO in the future, but job postings for fully-remote roles have slowed down.
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https://read.distractionfree.site/fortune/2024/01/22/bosses-are-still-ordering-workers-back-into-the-office-but-their-biggest-rto-push-is-already-over/
#RTOWars #StricterReturnToOfficePolicies #IncrementalGains #SlowdowninJobPostingsForFullyRemoteRoles #RemoteWorkChallenges #RTOFutureOutlook #RemoteVersusInPersonWork

2024-01-23 07:35:23

There has been an increase in the number of migrants crossing from Mexico to America during President Biden's presidency. Republicans blame Mr. Biden for removing restrictive Trump-era policies, and a group of senators are close to striking a bipartisan deal on immigration rules. However, it is not clear what the details of this proposal might be or whether it would pass in the House of Representatives. The text also mentions that there has been a global trend of increased displacement worldwide due to various factors such as conflict and climate change, which may contribute to the increase in migrants seeking refuge in other countries like the United States.
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https://read.distractionfree.site/economist/the-economist-explains/2024/01/19/will-republicans-strike-a-border-deal
#Immigration #BorderCrisis #MigrantCrisis #RefugeesWelcome #GlobalDisplacement #BipartisanDeal

2024-01-23 07:02:39

Rugged Robots uses robots to draw layout plans and place details with precision on construction sites, while also addressing challenges in the construction industry by using AI technologies.
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https://read.distractionfree.site/fortune/2024/01/04/ai-make-business-better-housing-construction/
#ConstructionAI #RuggedRobots

2024-01-23 05:25:22

Donald Trump's potential return to office as president in 2024 has caused concern among foreign governments and financial markets. The text also mentions a possible abandonment of Ukraine and Taiwan, aggressive bartering with enemies, and the gulf between Mr. Trump's policy positions and the chaotic global circumstances in which a switch would take place.
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https://read.distractionfree.site/economist/international/2024/01/22/the-world-is-bracing-for-donald-trumps-possible-return
#DonaldTrump2024 #ConcernAmongForeignGovernmentsAndFinancialMarkets #PotentialAbandonmentOfUkraineAndTaiwan #AggressiveBarteringWithEnemies #TheGulfBetweenMrTrumpsPolicyPositionsAndChaoticGlobalCircumstancesInWhichASwitchWouldTakePlace

2024-01-23 04:54:02

The rise in interest rates, remote work trend, and dominance of e-commerce sellers have combined to hammer the commercial real estate market over the past few years, leading to high vacancies, falling rents, and rising default risks. The IMF reported last week that U.S. commercial real estate prices have fallen 11% since March 2022, which is the worst decline in over 50 years. Cantor Fitzgerald's billionaire chairman and CEO Howard Lutnick predicts between $700 billion to $1 trillion of defaults over the next two years due to rising interest rates, leading to a "generational change" in real estate. The Mortgage Bankers Association estimates that approximately 25% of commercial real estate debt maturing by the end of 2025 is held by struggling office and retail space operators, who are at risk of default due to rising interest rates. Lutnick warns that the Fed's interest rate hikes are like a "steamroller" that is impacting the real estate market and the economy as a whole, with some experts fearing that defaults could trigger a doom loop affecting regional banks and eventually the entire economy.
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https://read.distractionfree.site/fortune/2024/01/22/billionaire-ceo-commercial-real-estate-1-trillion-dollars-defaults-howard-lutnick/
#commercialrealestate #interestrates #remoteworktrend #ecommerce #vacancyrate #fallingrent #defaultrisk

2024-01-23 04:21:11

A teenager has spent $3,000 collecting every available Stanley cup on the market and now has 67 in various styles and colors.
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https://read.distractionfree.site/fortune/2024/01/22/alabama-parents-stanley-cup-3000-all-67-colors-varieties-teenager-16-year-old/
#Collector #StanleyCups #RareFinds #UniqueCollection

2024-01-23 03:50:30

Christopher Kirchner, founder of the supply chain software company Slync, is going on trial for fraud and money laundering charges. Prosecutors allege that he misappropriated $25 million in capital raised to scale his business and spent it on a lavish lifestyle including a private jet and luxury suite at a Dallas stadium, while struggling to meet payroll. If convicted, Kirchner could go to prison for the rest of his life. The text also highlights other founder fraud trials that have occurred in recent years, including Frank founder Charlie Javice's $175 million fraud case and Elizabeth Holmes' 11-year prison sentence for Theranos. Additionally, Sam Bankman-Fried was convicted of multiple counts of fraud, Nikola founder Trevor Milton sentenced to four years in prison for fraud, Manish Lachwani pled guilty to fraud last year, and Carlos Watson's trial date has been set for Ozy Media founder's identity theft case. The text also mentions that part of being a venture capitalist in 2023 may be organizing speaking arrangements at court due to these founder fraud trials.
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https://read.distractionfree.site/fortune/2024/01/22/founder-fraud-cases-lying-to-investors-prosecutors-warning/
#FounderFraudTrial #ElizabethHolmes #NikolaFounder #ManishLachwani #CarlosWatson #OzyMedia #SamBankmanFried

2024-01-23 03:18:17

David Crane explained why he did not think Israel's actions met the criteria for genocide, and Leila Fadel countered with several damning quotes from the Israeli defense minister suggesting a genocidal intent.
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https://read.distractionfree.site/theatlantic/international/archive/2024/01/israel-south-africa-genocide-case-fake-quotes/677198/

2024-01-23 02:17:03

Archer-Daniels-Midland Co. suspended its chief financial officer and cut its earnings outlook pending an investigation into its accounting practices, which was prompted by a voluntary document request from the US Securities and Exchange Commission. The probe is focused on intersegment transactions involving ADM's nutrition unit, which makes ingredients for human and animal foods, and the company has spent billions expanding this business since 2014 but profits have failed to live up to initial expectations due to weakening demand. The investigation is likely to result in a lower margin for nutrition at a time when investors are already concerned about the risk to earnings, and ADM may reassess its strategic priorities as a result of this news.
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https://read.distractionfree.site/fortune/2024/01/22/archer-daniels-midland-cfo-suspended-sec-request-accouinting-shares-plunge-23-percent/
#ADM #AccountingPractices #SECInvestigation #NutritionUnit #WeakeningDemand #LowerMargin

2024-01-23 01:45:34

The conflict between Israel and Hamas has led to an escalation in tensions across the region, with America and Britain attacking Houthi strongholds in Yemen and Israel firing its biggest targeted barrage into Lebanon. The consequences of these attacks have been widespread, disrupting global shipping, devastating local economies, and leading to growing hardship that threatens to spark even more violence.
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https://read.distractionfree.site/economist/finance-and-economics/2024/01/18/the-middle-east-faces-economic-chaos
#IsraelConflict #Hamas #Yemen #Lebanon #America #Britain #HouthiStrongholds

2024-01-23 01:14:37

Large-scale conflicts between militarily sophisticated adversaries such as Russia and Ukraine tend to become decided by which side has the better arms industry. The combined resources of Ukraine's allies are so much greater than Russia's, but the conflict is slowly turning in favor of Russia due to its defense industry being able to fire five times more shells a day compared to Ukrainian forces during their summer counter-offensive. The West now faces a choice between giving Ukraine what it needs or ceding an irrecoverable advantage to Russia. America and the European Union are having trouble delivering aid, with American military assistance held up in Congress and EU financial support stymied by Hungary's pro-Russian leader Viktor Orban. The Ukrainians are worried that American hyper-partisanship and Donald Trump's hostility will steadily throttle support from the Pentagon, leaving them wholly dependent on Europe for military aid. However, the picture is patchy in terms of commitment among European countries, with France contributing only a small amount compared to Germany and the Nordic countries who are digging deep.
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https://read.distractionfree.site/economist/europe/2024/01/14/can-europe-arm-ukraine-or-even-itself
#UkraineRussiaConflict #MilitaryIndustry #WeaponsSupply #CounterOffensive #WesternSupport #HungarianLeaderViktorOrban #AmericanHyperPartisanship

2024-01-23 00:42:41

"A Day in the Life of Abed Salama" by Nathan Thrall examines events leading up to a bus crash in the West Bank in 2012 that killed six Palestinian children and one of their teachers. The book builds a relentless case that this tragedy must be remembered, while "The Blazing World" by Jonathan Healey is an engaging and erudite history of revolutionary England during the 17th century. In contrast, "Emperor of Rome" by Mary Beard presents a fascinating account of around 30 emperors over 250 years, while "In Her Nature" by Rachel Hewitt explores the hidden history of trailblazing women who became cyclists, hikers, mountaineers and runners. Finally, "Judgment at Tokyo" by Gary Bass is a meticulously researched account of efforts to prosecute Japanese generals deemed responsible for some of the horrors of the second world war.
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https://read.distractionfree.site/economist/the-economist-reads/2024/01/15/the-best-recent-books-on-history
#PalestinianChildren #BusCrash #Tragedy

2024-01-23 00:10:29

President Biden's recent executive order on AI is a reminder that the federal government is now a top customer for artificial intelligence (AI) products, spending at least $1.6 billion on AI in 2023. Other agencies use AI to process FOIA requests, regulate medical treatments, and streamline patent applications. The text also mentions that the Pentagon uses an AI tool called GAMECHANGER to help officials figure out how to spend taxpayers' money. However, while AI and machine learning are important tools, federal agencies are increasingly turning their attention to generative AI (GenAI), which is the technology behind conversational tools such as ChatGPT. The text also mentions that GenAI models can be useful but they are prone to making things up, which could become a huge problem for the government and businesses.
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https://read.distractionfree.site/fortune/2024/01/19/when-uncle-sam-hallucinates-government-agencies-embracing-generative-ai-tools-lose-touch-with-reality-carolyn-parent/
#PresidentBiden #ExecutiveOrderOnAI #FederalGovernmentCustomerForAIProducts #SpendingAtLeast16BillionOnAIIn2023 #OtherAgenciesUseAIToProcessFOIARequests #RegulateMedicalTreatments #StreamlinePatentApplications

2024-01-22 23:37:41

A new video game called Palworld is attracting players by the millions and is also causing outrage among fans of Japan's legendary pocket monster franchise. The game, which is similar to Pokemon but with guns, has sold 5 million copies in three days and is currently No. 1 on Steam for concurrent players. Microsoft Corp.'s Xbox division is also distributing the game, and some Pokemon lovers are outraged by the similarities between Palworld and Pokemon. The developers of Palworld have received slanderous comments against their artists and even death threats from gamers who believe that the game is copying Pokemon too closely. However, many other gamers say that Palworld more closely resembles ARK: Survival Evolved than it does Pokemon, which has been experiencing mixed reviews for its last few games.
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https://read.distractionfree.site/fortune/2024/01/22/pokemon-with-guns-smash-hit-nintendo-fans-angry/
#Palworld #Pokemon #ARKSurvivalEvolved #VideoGames

2024-01-22 23:06:20

MacKenzie Scott's philanthropy has attracted attention for its size and approach, which involves giving away large sums of money quickly with no strings attached or lengthy application process.
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https://read.distractionfree.site/economist/special-report/2024/01/10/the-super-rich-are-trying-new-approaches-to-philanthropy
#Philanthropy #Attention #LargeSumOfMoney #FastGiving #NoStringsAttached #LengthyApplicationProcess

2024-01-22 19:45:38

The 2024 presidential election will be a rematch between Joe Biden and Donald Trump with an earlier completed party primary process. It also mentions that Americans will have to wait until March or beyond to know who the Republican challenger is likely to be, which could result in a full eight months of general election campaigning between two unpopular candidates. The attention of politically engaged citizens may shift from Trump the candidate to Trump the defendant during his federal trial for attempting to overturn the 2020 election starting on March 4th before "Super Tuesday" when 13 states will vote in the Republican primary, which he and his campaign will use as an act of defiance.
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https://read.distractionfree.site/economist/the-world-ahead/2023/11/13/america-will-need-a-new-vocabulary-to-discuss-its-presidential-election
#PresidentialElection2024 #JoeBiden #DonaldTrump #RepublicanPrimary #SuperTuesday #FederalTrial