The day is over and you probably feel like you got what, one or two actual things done? So what've you been doing?
Why it matters: Most of us are getting more and more bogged down by the ancillary stuff required to do our jobs, and that can shrink the time we have to get real work done, increasing the risk of burnout.
Sluggish imports into China suggest that domestic demand in the People's Republic continues to struggle.
Why it matters: China is the world's second-largest economy and represents the single largest source of global economic growth. That means it's a key source of demand for everything from Chilean copper and Saudi crude oil to German automobiles and American soybeans.
Tucker Carlson, two weeks after being ousted by Fox News, accused the network Tuesday of fraud and breach of contract — and made a host of document demands that could precede legal action.
Why it matters: The aggressive letter from his lawyers to Fox positions Carlson to argue that the noncompete provision in his contract is no longer valid — freeing him to launch his own competing show or media enterprise.
Goldman Sachs has agreed to pay $215 million to settle a class-action lawsuit alleging discrimination against women going back over a decade in areas of pay, promotion and performance evaluation.
What they're saying: “My goal in this case has always been to support strong women on Wall Street,” plaintiff Allison Gamba said in a statement. “I am proud that the result we achieved here will advance gender equity.”
NBCUniversal is finalizing a settlement with CNBC senior international correspondent Hadley Gamble, sources tell Axios.
Why it matters: Gamble filed a complaint earlier this year that accused named CNBC International executives of fostering a toxic workplace culture and made allegations of sexual harassment and discrimination against other executives.
The Hollywood studio policiesthat writers are on strike against are particularly harmful to writers of color and Latino writers because they trap many in entry-level positions, industry professionals tell Axios.
The big picture: Thousands of writers in Los Angeles and New York went on strike last week against the Alliance of Motion Picture and Television Producers (AMPTP), grinding to a halt costly productions while they fight for a number of changes they say are crucial for writers to be able to earn a living.
As Hollywood writers continue a massive strike against studios, some say they're worried that the unregulated use of artificial intelligence could hurt efforts to diversify the industry.
Details: The Writers Guild of America (WGA) wants the Alliance of Motion Picture and Television Producers (AMPTP) to regulate the use of AI in projects covered by its agreements and declare that AI can't write or rewrite literary material or be used as source material.
American extremists are consistently turning up on loosely-governed Russian social media platforms.
Why it matters: While there's no evidence to suggest that the Russian government is explicitly trying to lure American extremists to its social sites, experts note that Moscow doesn't seem interested in doing anything to discourage them, either.
MeatEater,the hunting and outdoors brand that went mainstream when its hit TV show debuted on Netflix in 2012, has brought on a new CEO and has closed its fourth commerce acquisition, its founder Steven Rinella told Axios.
Why it matters: MeatEater has continued to grow significantly in the wake of the pandemic, despite revenue pressures facing most of the media industry.
Blockworks, a media company that covers cryptocurrency for professionals, has raised $12 million at a $135 million post-money valuation, its co-founder Jason Yanowitz told Axios.
Why it matters: The raise represents a bright spot for crypto media following a brutal year for the industry.
The company behind the NFT brand Pudgy Penguins has raised a cool $9 million in a round led by early-stage investors 1kx.
Why it matters: It's an investment in the idea that a non-fungible token brand could be the basis for larger intellectual property plays, such as when toy lines sometimes launch major movie and TV franchises.
Driving the news: Confidence in Powell declined this year from 2022 amid stubborn inflation and a banking crisis — but under the hood, partisanship plays a big role, according to a new survey from Gallup out Tuesday morning.
The American Dynamism practice of Andreessen Horowitz, a top venture-capital firm, today announced a $500 million commitment to early-stage companies that "support the national interest."
Why it matters: The innovative program aims to connect Washington and tech — which so often have stuck to their respective coasts — since "there is no center of gravity for solving America’s biggest problems."
Trouble in the commercial real estate sector — including office buildings across the country that stand largely unoccupied — is a possible risk to the U.S. financial system, according to the Federal Reserve’s latest Financial Stability report released on Monday.
Why it matters: A huge shift in where white-collar staff decides to work is rippling through the commercial real estate market, with warnings that sharp drops in property valuations will follow as office space demand slumps.
Mother Science, a skincare company founded by Incubus guitarist Mike Einziger and Ann Marie Simpson-Einziger, a violinist and the guitarist's wife, is debuting its first product aimed at skin hyperpigmentation.
Why it matters: The company, which the pair of world-famous musicians and serial entrepreneurs founded in 2021, has raised $6.2 million in total venture capital (most of it in a seed round last November).
FTX founder Sam Bankman-Fried asked a federal court in Manhattan Monday to dismiss several criminal charges against him over the collapse of the cryptocurrency exchange.
Driving the news: Lawyers for Bankman-Fried, who's pleaded not guilty to fraud, conspiracy, campaign finance law violations and money laundering, in a filing argued that several of the charges failed to properly state an offense.
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