Good morning. I called several sources at crisis communications firms yesterday, wondering how their clients in tech, crypto, manufacturing, health care, law, and other policy-sensitive sectors might be reacting to the Democratic sweep of Congress. Are they rejoicing? Lawyering up? Trying to stay off camera during presidential press conferences that reference ballrooms and meme coins?
Pixar cofounder Ed Catmull, 81, has some career advice for anyone worried about AI. In a Tuesday interview with Higgsfield AI CEO Alex Mashrabov, Catmull shared the mindset he believes creatives will need as the technology reshapes their industry. “The main piece of advice is, besides learning the craft, it’s that things are coming whether
Florida voters on Tuesday approved a major overhaul of the state’s property tax system. But the droves of billionaires and other ultrawealthy people who recently moved there are unlikely to notice much of a difference from its headline tax break. Amendment 3—which raises the homestead exemption on non-school property taxes from $50,000 to $150,000 in
A Democratic Congress may have less influence over markets than investors expect, an economist said. US stocks rose sharply Wednesday after Democrats won control of Congress in the midterms. The Dow jumped 3% in its best day in 18 months, the S&P 500 gained 1.6%, while the Nasdaq climbed 1.4%, as investors wagered that a
Near the end of his victory speech in Detroit early Wednesday, Senator-elect Abdul El-Sayed returned to the line that carried his campaign: “It shouldn’t be this hard to see a doctor in the richest, most powerful country in the world.” El-Sayed defeated Republican Mike Rogers in Michigan’s open Senate race on a night when Democrats
Agility Robotics is about to give Wall Street a reality check on the humanoid robot boom. The Oregon startup, whose two-legged robots carry heavy materials and sort goods in factories and warehouses, is expected to begin trading on Nasdaq on Thursday, becoming the first humanoid-focused company to go public in the US. Its financial disclosures
