They’ve pulled it down, but not before it got archived. Sample comment:
I strongly recommend that a sentence be placed here (or soemwhere in the first part of the speech) to reassure markets that you are not making the speech because you think there is an imminent crisis.
The New York Times meticulously pieced together the bitter power struggle inside Disney between CEO Bob Iger and his successor, Bob Chapek, who was fired in 2022. The piece, which follows up a 2023 report from CNBC, chronicles Chapek’s rise and fall, and Iger’s quest to return to power.
[The New York Times]
Bending Spoons bought WeTransfer in July and now plans to lay off 75 percent of its employees, reports TechCrunch. CEO Luca Ferrari told TechCrunch it was looking to fulfill a vision “of a smaller, more sharply focused WeTransfer organization.”
Employees at the Penn Square Mall store, represented by the Communication Workers of America (CWA), will vote on September 22nd whether to ratify the agreement, which includes “up to 11.5%” wage increases, paid time off, and health benefits, according to the CWA.
The agreement follows a Maryland Apple Store that ratified its own union deal last month.
[Communications Workers of America]
A new study found the number of people working in fashion in the city has dropped by nearly 30 percent since 2014 — just as Fashion Week kicks off on Friday.
The US fashion industry has been declining for decades, but companies like Shein and Temu threaten it even further. I recently discussed the rise of ultra fast fashion on Slate’s What Next podcast.
[Slate Magazine]
The AI fund disaster should be a cautionary tale for buyers of thematic ETFs, which now cover virtually anything you can think of, including Californian carbon permits (down 15% this year), Chinese cloud computing (down 21%) and pet care (up 10%). Put simply: You probably won’t get what you want, you’ll likely buy at the wrong time and it will be hard to hold for the long term.
Every penny (worth one cent) costs three cents to produce. I can think of a coin we should mint instead.
[The New York Times]
