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Avert your eyes! My Sunday morning have a look at incompetency, corruption and coverage failures:
• Inside a Gross sales Military Turning a Tax Break Right into a Fashionable-Day Gold Rush: 1000’s of people are referring neighbors and native companies to a agency that has pursued billions in IRS refunds and created a bonanza for itself. (Wall Avenue Journal)
• Why furnishings bought so unhealthy: Furnishings used to final generations. Now it barely survives a transfer. Trade insiders clarify. (Washington Put up)
• Inside Musk’s Twitter Transformation: Favors for pals Kanye West and Marc Andreessen, and intestine decision-making, adopted his takeover of the platform now known as X. (Wall Avenue Journal) see additionally What You Get When You Go Into Enterprise With Elon Musk: Approving sketchy loans. Swallowing bizarre offers. Giving him no matter he needs. (Slate)
• Companies preserve complaining about shoplifting, however wage theft is a much bigger crime: The opposite aspect of the coin on office crime is wage theft. That’s been estimated as excessive as $50 billion a 12 months by the Financial Coverage Institute, which extrapolated from a 2008 survey of low-wage front-line staff in Los Angeles, Chicago and New York. (Los Angeles Occasions)
• How Texas HOAs Are Maintaining Low-Revenue Renters Out: A state legislation will prohibit owners associations from discriminating towards tenants utilizing rental vouchers. The observe is extra widespread than lawmakers realized. (Citylab)
• Chinese language Gate-Crashers at U.S. Bases Spark Espionage Issues: Washington has tracked about 100 incidents involving Chinese language nationals making an attempt to entry American army and different installations. (Wall Avenue Journal)
• Texas fracking billionaire brothers gasoline rightwing media with tens of millions of {dollars}: Farris and Dan Wilks’ deep pockets fund local weather denialism training, conservative politicians and pro-fossil gasoline initiatives. (The Guardian)
• The maestro: The person who constructed the largest match-fixing ring in tennis (Washington Put up) see additionally The unraveling: How a small-town police officer took down the most important match-fixing ring in tennis (Washington Put up)
• COVID lockdowns saved tens of millions of lives — so after all Ron DeSantis is indignant about them: There’s lots there to unpack, however let’s begin with essentially the most basic level: Within the early months of the COVID pandemic, earlier than vaccines turned extensively out there, lockdowns labored. Mixed with different “non-pharmaceutical interventions” (NPIs) reminiscent of masking and social distancing, they slowed the unfold of the illness, saving tens of millions of individuals from falling in poor health, touchdown within the hospital, or dying. Absent these measures, hospitals, which already had been overrun with sufferers in dire situation, would have fared even worse. (Los Angeles Occasions) see additionally The Value of Ron DeSantis’s Ideological Purity: The Florida governor is refusing to just accept tens of millions in federal funding that may assist his constituents. Why? (The Atlantic)
• ‘Shady and Corrupt’: Add Barrett Actual Property Deal to Listing of Supreme Court docket Ethics Scandals: The suitable-wing justice offered a house to a spiritual freedom group that has filed quite a few briefs in circumstances earlier than the courtroom. (Frequent Desires)
Remember to try our Masters in Enterprise interview this weekend with Jon McAuliffe co-founder and Chief Funding Officer at the Voleon Group. Voleon was one of many first hedge funds to make use of AI as a core of its investing mannequin. Beforehand, he was at D. E. Shaw & Co., the place he researched, developed, and managed statistical arbitrage buying and selling methods. Dr. McAuliffe additionally helped to construct the recommender system at Amazon.com.
New Knowledge Exhibits Abortions Rose in Most States This Yr
Supply: New York Occasions
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