How to Make Money by Getting Everyone to Hate You

British media personality Piers Morgan believes he will be “canceled” for his asinine opinions. In fact, there’s always an audience for this type of arsehole.

The $60 Billion Plan to Give Every American Baby $1,000

World Gained 5.2m Millionaires Last Year in Covid Crisis

Wealth gap has widened as rich cash in on rising shares and house prices, says Credit Suisse

Amazon Faces MPs’ Scrutiny After Destroying Laptops, Tablets and Books

ITV News investigation prompts demand from politicians for meeting with UK manager to explain ‘wanton waste’

A CCTV Company Is Paying Remote Workers in India to Yell at Armed Robbers

Clerks at 7-Eleven and other convenience stores are being constantly monitored by a voice of god that can intervene from thousands of miles away.

The Memo

chrislaing.net

The Lazarus Heist: How North Korea Almost Pulled Off a Billion-Dollar Hack

In 2016 North Korean hackers planned a $1bn raid on Bangladesh's national bank and came within an inch of success. But how did they do it?

Amazon Workers Call for Strike on Prime Day in Germany

Prime Day is one of the busiest days at Amazon warehouses, but the profits don’t make it back to the workers.

Being a Billionaire Is a Lot Harder Than It Looks”: Jeff Bezos and Elon Musk Want to Burn Their Cash in Space

Welcome to the new space race, as the world’s richest men compete over who has the biggest rocket—and the ability to win lucrative contracts.

Revealed: Amazon Destroying Millions of Items of Unsold Stock in UK Every Year

Amazon destroying millions of items of unsold stock in one of its UK warehouses every year, ITV News investigation finds; ITV National News

The Cooperation Economy

Or How to Build a Liquid Super Team

American Airlines Cancels Hundreds of Flights Amid Staffing, Maintenance Issues

Hundreds of American Airlines flights have been canceled this weekend and Monday because of significant staffing and maintenance issues.

Policies That Make the Poor Less Poor

We should have policies to make the poor less poor. Unfortunately, policies explicitly aimed at trying to make the poor less poor typica...

How NYC Faces a Lasting Economic Toll Even as the Coronavirus Pandemic Passes

The city’s prosperity is heavily dependent on patterns of work and travel that may be irreversibly altered.

How Equality Slipped Away

For 97 per cent of human history, all people had about the same power and access to goods. How did inequality ratchet up?

As Money Launderers Buy Dalís, U.S. Looks at Lifting the Veil on Art Sales

Secrecy has long been part of the art market’s mystique, but now lawmakers say they fear it fosters abuses and should be addressed.

Once the Future, US Now Captive to Its Past

History is inescapable to Americans and visitors alike but now it's become more contested than ever.

A US Oil Company Cut Nearly 2,000 Jobs – And Reaped $2.1bn in Pandemic Benefits

Marathon Petroleum received more tax benefits than any other US oil company while also cutting about 9% of its workforce

How North Korea Made the Perfect Counterfeit $100 Bill

Cristiano Ronaldo Snub Wipes Billions Off Coca-Cola’s Market Value

Cristiano Ronaldo’s removal of two Coca-Cola bottles during a press conference at the Euros has coincided with a $4bn fall in the share price of the drinks giant

Opinion: I Was an Obamacare Critic. It Isn’t as Bad as I Thought — Or as Good as My Opponents Expected

Now that the law seems free from existential threats, it's time to take stock.

What I Found in 19 FISA Applications

A set of 19 complete FISA applications offered a chance to form impressions about what these applications contain, and how the information is presented, across different FBI agents and government...

Investigation Into Amazon Raises Questions About Workforce Turnover, HR Errors

Inside the investigation into "the Amazon that customers don't see."

The Last Battle Over Big Business

Ralph Nader, General Motors, and what we get wrong about regulation.

JPMorgan Buys Nutmeg to Bolster Digital Banking Push in U.K

The U.S. lender is entering a crowded digital banking marketplace in the U.K., having agreed to purchase digital wealth manager Nutmeg.

6 Months Inside One of America’s Most Dangerous Industries

What I learned on the line at a Dodge City slaughterhouse.

Amazon Rakes in More US Ecommerce Sales Than the Next 9 Biggest US Etailers Combined

To Stop the Ransomware Pandemic, Start With the Basics

That will help stop other sorts of cyber-mischief, too | Leaders

Airbnb Is Spending Millions of Dollars to Make Nightmares Go Away

Amazon Courts Vietnam Merchants in Alibaba's Backyard

US retailer says pandemic has boosted exports from Southeast Asian country

Amazon Is Too Large to Sustain

The company’s growth outpaces its ability to care for its workforce.

Big Tech and Anti-Trust

Frederic Guarino & Nectarios Economakis

We Make $3k/Month Selling Trash

How Singapore Solved Healthcare

Entrepreneurship During the COVID-19 Pandemic: Evidence From the Business Formation Statistics

15 Universities Have Formed a Company That Looks a Lot Like a Patent Troll

Imagine this: a limited liability company (LLC) is formed, for the sole purpose of acquiring patents, including what are likely to be low-quality patents of suspect validity. Patents in hand, the...

The Netflix of Wellness”: Inside the Hollywoodization of Peloton

In the spring of 2018 — in the days before Peloton was ubiquitous — the company set out to make a TV ad cool enough to wipe away the perception that its internet-connected bike was a suburban mom t…

How ‘The Bastard of the Internet’ Built a Wildlife Trading Empire

Phan Huynh Anh Khoa capitalized on Vietnam’s digital development — and Facebook’s negligence.

Gap’s Stores Are Closing – Can Kanye West Turn Its Fortunes Around?

US chain built on large global presence signals retreat from high streets and signs rapper to reinvigorate its brand

Americans Believe the Economic Impact of the Pandemic Will Last at Least a Few Years

In the latest Economist/YouGov poll two out of three (65%) believe that it will take at least two years for the economy to recover all the ground lost during the pandemic.

Covid-Weary U.K. Residents Eager for Summer Escape

How Much Is Too Much? The U.S. Inflation Debate Heats Up

Some experts are sounding the alarm over rising inflation in the United States, despite assurances from the Federal Reserve. Here’s what to know about the debate.

He Sold His Third Company for $1.4 Billion. And Put Off Retirement to Start His Fourth

Serial entrepreneur Don Brown launched his software business LifeOmic when he was 60, and has no plans to slow down. He's finally having fun.

Rising Prices: Companies Struggle to Restock Their Inventories Post Pandemic

Steel, lumber, plastic and fuel. Corn, soybeans, sugar and sunflower oil. Houses, cars, diapers and toilet paper. Prices are rising almost everywhere you look.

Europe Is Now a Corporate Also-Ran. Can It Recover Its Footing?

American and Chinese businesses have left their European counterparts in the dust | Briefing

Citizenship” Is a Scam

Membership in a nation is supposed to be a guarantee of equality and human rights. But, as two recent books attest, the concept of citizenship has been unequal from the start, and is increasingly...

The Real Reason Chipotle Burritos Cost More

Wage increases and other rising expenses are being “passed on” to the consumer, we’re told. But we’re looking in all the wrong places for the true costs of how we live.

Book Review of Ages of American Capitalism: A History of the United States by Jonathan Levy

Jonathan Levy recounts the evolution of American capitalism.

20 Photographs of the Week

The aftermath of the conflict in Gaza and Israel; the crisis in Ethiopia’s Tigray region; the 77th anniversary of D-day and the election in Peru: the most striking images from around the world...

Amazon Go Back”: Meet the Indian Merchant Waging War on Jeff Bezos

Praveen Khandelwal has built a name fighting against e-commerce. Now, he’s launching his own online marketplace.

Amazon Faces Possible $425 Million EU Privacy Fine

A European Union privacy regulator has proposed a fine of more than $425 million against Amazon.com, part of a process that could yield the biggest-yet penalty under the bloc’s privacy law, people...

Scott Galloway: Robo-Advisors, Team Design, and the Consequences of Innovation

‎Show The Prof G Pod with Scott Galloway, Ep Office Hours: Robo-advisors, Team Design, and the Consequences of Innovation - Jun 7, 2021

McDonald's BTS Meals: Indonesia Branches Forced to Shut Due to High Orders

Dozens of branches in Indonesia close their doors after being overwhelmed with orders.

Who Is Hacking the U.S. Economy?

In the past few weeks, cyberattacks have taken major industries hostage. Who are the perpetrators and why are the infiltrations becoming so common?

Iraq: Open Invitation

After years of conflict and instability, Iraq is opening up to tourism. Thanks to a new visa scheme, citizens of almost 40 countries can gain access quickly…

Why It Is No Longer Cool to Be a Crazy Rich Asian in China

Netizens are outraged by the sky-high incomes of some people in China amid a gaping wealth gap.

The Mystery of the $113 Million Deli

It made headlines around the world: a New Jersey sandwich shop with a soaring stock price. Was it just speculation, or something stranger?

How China Lost Patience With Its Loudest Billionaire

US Food Delivery Leader DoorDash Launches in Japan

Group enlists ‘hundreds’ of restaurants to take advantage of pandemic-driven demand

Auckland Tops the Global Liveability Ranking

The 2021 edition of the Global Liveability Ranking finds that Auckland is the most liveable city in the world – with Osaka, Adelaide, Tokyo and Wellington rounding out the top five. Read more

Inside Jeffrey Epstein’s Bond With Leslie Wexner, the Victoria’s Secret Billionaire

Of the many mysteries that still surround the life and crimes of the notorious financier, the source of his wealth, and thus his power, might be the greatest. His long-standing business ties with...

New Global Tax Regime Won’t Push Big Tech Companies Out of Ireland

Big Tech companies are unlikely to move out of markets like Ireland under the global minimum tax regime proposed by the G7 nations.

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth —...

Kim Jong Un Presents Plans to Stabilize Battered North Korean Economy

North Korean leader Kim Jong Un presented economic plans to senior ruling party officials before an upcoming meeting to review the nation's efforts to...

The Government Is Here to Help Small Businesses — Unless They’re Cooperatives

The Small Business Administration’s rules prevent it from helping most employee- and consumer-owned cooperatives, even though Congress specifically asked it to. The result? Co-ops are largely cut...

At Grocery Stores, It's Hard Work Picking Your Online Order

The technology needed to fulfill orders is costly for stores, and the workers who pick items off the shelves often feel the pressure of being tracked.

Global Corporation Tax Levels in Perspective

AskReddit: What Is the Worst Business Decision You’ve Ever Seen?

When the SEC Asks About Terrorism, It Misses Financial Misreporting

Dividing the SEC's attention risks missing the next Enron.

Some Points About Corporate Tax

Written from the British context: Should the system be changed to one where companies are taxed on all the profits they make from their sales in the country? There are a few downsides to this....

31 Million Americans Have Healthcare Coverage via Affordable Care Act

President Biden also spoke with former president Obama via video to encourage additional enrollment in the marketplace

Global G7 Deal May Let Amazon Off Hook on Tax, Say Experts

Exclusive: communique from ministers suggests deal only applies to ‘profit exceeding a 10% margin’, which could rule out Amazon

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