Business Pants

Story of the Week (DR): Anthropic’s founders’ 80% giving pledge could be worth nearly $80 billion MM Anthropic’s Founders Pledged to Donate Most of Their Stock. Their IPO Tells Another Story. “In addition, our co-founders have each pledged to dedicate 80% of their personal equity in Anthropic to philanthropic causes. These commitments are voluntary , revocable expressions of each co-founder’s phil...

Story of the Week (DR): AI Companies ‘Gaming Out’ Scenarios for ‘ Catastrophic AI Event ’ That Could Occur in a Matter of Months Retail giant Ahold Delhaize takes systems offline after cyberattack Hackers Break Into Supermarket Fridges and Spoil All the Groceries EU Commissioner on Cyber Attack on French Supermarkets: Food Weaponization Now a 'Reality' Anthropic Warns “ AI Worms ” Will Infect Your...

DR Ahold Delhaize takes systems offline after cyberattack — global retail giant says 'cybersecurity incident' hit systems, but stores remain open WHO YOU YOU BLAME? Delhaize board as of 10/12/2026: 1) Bank CEO, 2) Health and Wellness CEO, 3) CFO, 4) Finance director, 5) Academia, 6) Beauty brand CEO, 7) Distribution company CEO, 8) Beauty brand CEO, 9) Retailer CEO Economics and Accounting 67% Adm...

Story of the Week (DR): Skydance Adds Bobby Kotick and Laurene Powell Jobs to Board, Taps Tony Blair as Adviser Former Activision CEO Bobby Kotick Was Once Reviled by Gamers. Now He's Joining Skydance's Board of Directors The crisis began in July 2021 when the California Department of Fair Employment and Housing (DFEH) sued Activision Blizzard, alleging a pervasive "frat boy" culture of rampant se...

AI California bans employers from using AI alone to fire workers Newsom advances AI 'kill switch' mandate under new California executive order Zohran Mamdani Bans AI for NYC Public School Students Up to Eighth Grade Walmart bans AI slop signs in stores OpenAI adds AI safety official to its board former company employee Paul Christiano served as a senior tech advisor to the federal government's Cen...

Story of the Week (DR): Top AI executives sign commitment to ‘ self-police ’ after meeting at White House MM DR Count the women: Trump says he and tech leaders signed AI agreement that is ' morally binding House Speaker Johnson says he hopes AI guardrails are 'voluntary' amid Congress inaction Donald Trump orders federal agencies to rename AI ‘ Super Intelligence ’ OpenAI just launched its answer...

DR1 In our 'Innovations like Reese's DOUBLE Chocolate Cups, Hershey's Choco Balls, and Hershey's Choco Tubes' headline of the week. Hershey CEO: America’s 250 years of innovation and why we expanded our innovation pipeline 50% in one year ***************  In our 'If I'm wrong, your corpse has full permission to sue my corpse' headline of the week. Nvidia CEO Jensen Huang Guarantees '0% Chance...

Story of the Week (DR): Data Rules! At DraftKings, AI Targets the Gamblers Likeliest to Lose The latest gender battle: Nobody asks why having more men is better ICE Wiped Thousands of People From Its Database Vaccine Expert Warns US’s 4 Reported Measles Deaths Are Likely a Vast Undercount Pentagon Quietly Adds to US Death Toll From Iran War After Reports of Coverup $6 trillion a year in unpaid lab...

Last week, SEC Chair Paul Atkins signed his name solo to the SEC’s statement proposing rescission of rule 14a-8, a rule which allowed shareholders to file non-binding proposals with companies during the annual meeting. The concept has been around a little while. Like, English joint stock companies 17th century little while. But 90+ years of SEC case law and 400ish years of shareholder precedent is...

Story of the Week (DR): Anthropic, OpenAI CEOs call for slowdown in AI development Anthropic CEO calls to slow the race toward AI ‘superintelligence,’ and grants outside evaluators permanent access . Here’s what Amodei is suggesting: Each US AI company grants ongoing access to embedded third-party evaluators to check compliance with safety commitments, report incidents, ensure new AI models are no...

Story of the Week (DR): Tim Cook Could Still Out-Earn Apple's New CEO John Ternus Under a Special Pay Arrangement Apple set John Ternus's fiscal 2027 salary at $3M and his annual equity award at $55M, giving him a calculated fiscal 2027 salary-and-equity package of $58M. Cook will receive a $2M salary and a $45M annual equity award as executive chair, giving him a calculated salary-and-equity pack...

LABOR DAY/STAKEHOLDER RULE STUFF (CARES/DON’T CARE) Mamdani Opens Office of Worker Power DC The new city agency intends to connect workers who want to unionize with resources and organizing contacts, and use worker stories of exploitation to inform policy. Starbucks faces another union boycott, activist investor pressure C The SOC Investment Group, an investment advisory group affiliated with the...

DR 'We Know We Got This Wrong': Target Apologises and Pulls 'Offensive' Halloween Costume After Racist Backlash; Target Executive Chair Brian Cornell Sells 50,000 Shares for $8.2 Million; WHO DO YOU BLAME? Executive Chair/former CEO (since 2014) Brian Cornell : still 21% influence ! CEO Michael Fiddelke : 16% influence; started at Target in 2003; formerly COO and CFO Why does the corporate page no...

Story of the Week (DR): Meta settles social media addiction case with California, other states for $16.7 billion MM 5 Reasons to Be Happy An $18 billion payout sets a historic legal precedent against Big Tech, directing billions in state funding toward youth mental health, counseling, and digital literacy programs. Instagram and Facebook must enforce default two-hour daily usage limits and complet...

G UnitedHealth shareholders sue company over ‘corporate governance failures on a historic scale’ UBS fined record $125 million for money laundering violations $125 million civil penalty to the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) for willful violations of the Bank Secrecy Act (BSA), the primary U.S. anti-money laundering law. FinCEN said the fine is the largest ever assess...

Story of the Week (DR): L3Harris ousts CEO after investigation into conduct MM L3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor’s code of conduct. Kubasik’s alleged conduct didn’t involve and has no impact on the Melbourne...

DR1 THINGS WE MISSED NERDY ESG STUFF L3Harris ousts CEO after investigation into conduct CARES L3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor’s code of conduct. Kubasik’s alleged conduct didn’t involve and has no impact...

Story of the Week (DR): Uber’s Strategy for Fighting Sexual Assault Suits: ‘ What Were You Wearing? ’ An aggressive defense strategy is being used in response to an avalanche of litigation, with over 4,000 lawsuits filed by passengers accusing Uber of failing to protect them from sexual assault While Uber publicly champions itself as a "survivor-centric" ally and trains support staff against victi...

DR Matternet Appoints Starbucks EVP Sanjay Shah to Board of Directors Developer of commercial drone delivery systems for urban and suburban environments CEO/founder Andreas Raptopoulos: M.A. in Industrial Design Engineering; Diploma of Imperial College in Industrial Design Engineering; Diploma in Mechanical Engineering Chris Dawson: M.B.A. from INSEAD. Sanjay Kotte: B.B.A. in finance and managemen...

Story of the Week (DR): Cracker Barrel CEO is out after MAGA backlash to "Uncle Herschel" logo change MM Before Julie Masino was brought in, Cracker Barrel was facing a slow-moving existential crisis: Their primary core customer base (older generations and rural highway travelers) was naturally shrinking, and younger diners were simply not replacing them. Kitchen tech, supply chains, and digital o...

DR1 CEO Overlords In our 'Zuck saves kids from Mommies' headline of the week. Meta Working on Crushingly Sad AI App That Tells Bedtime Stories to Children, for “Tired” Parents ***************  In our 'CEO overlords say the trick to getting a good career is figuring out how to please us' headline of the week. As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald’s say o...

Story of the Week (DR): Trump’s Explosive Diarrhea Scandal Is Getting Worse and Worse Epidemiological data linked a widespread Cyclospora parasite outbreak—sickening over 1,600 people across multiple states—to shredded iceberg lettuce supplied by Taylor Farms de Mexico, triggering a voluntary 27-state recall. The FDA briefly reported a positive lab test on a Taylor Farms sample before retracting i...

DR Warner Bros.’ Zaslav Offers $68 Million to Buy Summer Camp new January 2026 employment agreement $96M: Make-Whole RSU award to CEO Daivd Zaslav of 1,963,465 shares; after January 2 Follow-On Option award of 3,052,734 options because share price is down Under a new employment agreement executed on June 12, 2025, Zaslav received a special award of 20,898,776 stock options with an exercise price o...

Story of the Week (DR): ‘ We faltered ’: IBM stock collapses after a grave warning about AI Customers are Prioritizing AI Hardware: While IBM mostly sells software nowadays, businesses are currently cutting back on their software budgets. Instead, they are rushing to spend their money on physical computer parts (like chips and servers) needed to build new Artificial Intelligence systems. Board ski...

Fun Headlines Tesla Stock Is Waiting For Godot Jim Cramer on Meta: “ Zuckerberg’s Not a Bozo , You Can Quote Me on That” Zuck Sucking Meta Employees Burned $221M in AI Tokens in One Month: Now Big Tech Starts Counting Every AI Prompt Mark Zuckerberg said AI agent tech is advancing more slowly than expected in an internal town hall Fighting Back Against Big Data Middle School Bro Bullies Japan enac...