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  • FRIDAY WRAP: 23andMe board resigns, Tyson food’s “smart beef” lawsuit, anti-ESG law killing proxies
    2024/09/20
    IntroductionLIVE from your ESG smokeless peach pit, it’s a Business Pants Friday Show here at September 20th Lane Studios, featuring ONE of your favorites: AnalystHole-man Matt Moscardi. On today’s weekly wrap up: Nike goes Back to the Future, Chief Kneeler Jamie Dimon yells at young people, Evil Tech CEOs continue to be, um, evil, and directors who love a free ride Today’s show is brought to you by freefloatanalytics.com - everything you ever wanted to know about who runs public companies, all free.Story of the Week (DR):Nike CEO John Donahoe is out, replaced by company veteran Elliott HillHill retired from Nike in 2020 after a long career with the company, but the board and Executive Chair Mark Parker asked him to come back, citing their many years of working togetherNike co-founder Phil Knight said that he: “couldn’t be more excited to welcome Elliott back to the team” and that “We’ve got a lot of work to do but I’m looking forward to seeing Nike back on its pace.”Nike welcomes new CEO with $27 million payday23andMe’s independent board directors resign MMIn response the CEO said in an SEC filing: “I am surprised and disappointed… We will immediately begin identifying independent directors to join the board.”Masimo CEO Joe Kiani ousted from board after proxy fight; Politan wins two seatsSingle class; 9%Federal Reserve cuts US interest rates for the first time in four yearsGoodliest of the Week (MM, pretending to be AB):Tyson Foods Sued Over Emissions Reduction Promises DRTucker Carlson plans to start a nicotine-pouch company after deciding Zyn is ‘not a brand for men’He “joked” on a podcast it’d make your genitals “enhanced”The company (owned by Philip Morris) put out a statement saying “nope”He said “you’re a bunch of liberal drones” and that they donated to Kamala and they’re good for “your girlfriend or something” because it starts with ZThey do not donate to Kamala, they donate more to GOPJamie Dimon tells Gen Z to stop wasting its time on TikTok and read books insteadCleanup Group Says It's on Track to Eliminate the Great Pacific Garbage PatchExhausting-est of the Week (DR, pretending to be JS):Secret Service Probing Musk’s Post About Threats to Biden and HarrisGOP 'woke week' advances package of anti-ESG billsF.T.C. Study Finds ‘Vast Surveillance’ of Social Media Users DRMeta, YouTube and other sites collected more data than most users realized, a new report by the Federal Trade Commission finds.The Federal Trade Commission said on Thursday it found that several social media and streaming services engaged in a “vast surveillance” of consumers, including minors, collecting and sharing more personal information than most users realized.Due to AI fakes, the “deep doubt” era is hereBillionaire Larry Ellison says a vast AI-fueled surveillance system can ensure 'citizens will be on their best behavior'Sam Altman may be in his villain era, but no one seems to careAssholiest of the Week (MM):Data:We have access to 10,429 companies in the Free Float Analytics database4,565 of them are tagged as “Totalitarian” companies - companies where a single person (founder or founders, controlled companies, dual class) owns the majority of influenceThose boards have 19,872 directors that are wholly independent - not family, executives, or insidersThe number of those directors that quit in protest of the fact that the founders do whatever they want: 0… UNTIL YESTERDAYSo here’s a short list of assholes who have way more reason to quit:Robin Washington - on TWO Totalitarian boards (Salesforce, Alphabet)Brad Smith - on TWO Totalitarian boards (Netflix, Amazon)MetaMarc AndreessenAndrew HoustonTracey TravisPeggy AlfordTony XuRobert KimmittNancy KilleferJohn ArnoldOracleAwo AbloBruce ChizenGeorge ConradesJeffrey BergLeon PanettaMichael BoskinNaomi SeligmanRona FairheadWick MoormanWilliam ParrettTeslaJoe GebbiaKathleen Wilson-ThompsonRobyn DenholmFull list available as a data drop!Bonus asshole - do you think he fucking matters? Republican lawmakers issues warnings about ‘far-left’ Facebook board billionaire John ArnoldDataHigh school only graduates are twice as likely to be unemployed as college graduates.Typical earnings for bachelor’s degree holders are $40,500 or 86 percent higher than those whose highest degree is a high school diploma.Median lifetime earnings are $1.2 million higher for bachelor’s degree holders.Even when adjusting for sociodemographic data, graduating college is a big fucking dealAsshole: Sam Altman and the “whatever dude, just BE a billionaire and it’s cool” college dropoutsSam Altman tells high schoolers dropping out of college wasn’t a big dealDataRoll back ESG To Increase Retirement Earnings Act or the RETIRE Act DRThe guy who wrote/sponsored the bill - Rick Allen of Georgia - also happily tried to amend the constitution to ban gay marriage (his argument was a bible passage, and said anyone who votes...
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    48 分
  • BIZ NUGGETS: Boeing’s strike costs 3 Dave Calhouns, Robby Starbuck < board cowards, and Musk makes men own 100% again
    2024/09/17
    Live from Vanguard and Nancy Reagan’s “Just Say No” bumpersticker, it’s an all-new terrific Tuesday edition of Business Pants. Joined by Analyst-Hole Matt Moscardi! In today’s ESG-shaped bass guitar called September 17, 2024: a very special seminar where we help business news headline writers be better at their jobs, otherwise known as BIZ NUGGETS!Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE. DAMION1Boeing two for Tuesday:In our 'Oh great, you pay me 273 times the median salary and I have to sit with the knuckle draggers!?' headline of the week. Boeing execs barred from flying business class to save money during strikeIn our 'Strike could cost Boeing the equivalent of 3 failed former CEO Dave Calhouns per day' headline of the week. Strike could cost Boeing $100 million-plus in daily revenue, analysts say$33MIn our 'Chefs will put their recipes on a pizza box to help Pizza Hut make better pizza' headline of the week. Pizza Hut will put your résumé on a pizza box to help you get a jobOn the Yum Brands board, only 2 of 12 directors selected a Pizza Hut food as their favorite Yum Brands food. Taco Bell wins with 5, KFC a close second with 4. At least there's a demographic that's worse off than women on this board (4 of 12) and that's Pizza Hut loversIn our 'Zuck is banning Putin from Facebook for being a shithead' headline of the week. Meta is banning Russian state media outlets like RT from its apps everywhere for engaging in political interference campaigns SAME HEADLINE: WHO DID IT BETTER?DR: In our 'Whatever you do, please don't mistake me for somebody who gives a shit!!' headline of the week. Jamie Dimon is still committed to DEI but says he’s not wokeMM: In our 'I’m a full-throated, red-blooded, patriotic, unwoke, capitalist CEO. Also, my assistant told me we have black people that work at JPMorgan now, so that's cool.' headline of the week. Jamie Dimon is still committed to DEI but says he’s not wokeDR: In our 'I re-wrote this headline for clarity: Disinterested and racist/sexist board of directors' Impact on Corporate DEI Policies' headline of the week. Robby Starbuck's Impact on Corporate DEI PoliciesMM: In our 'The side of the bottle says, "Side effects include increased racism, misogyny, anger issues, self-loathing, c-list internet celebrity, and a possible cabinet position in the Republican White House..." Should I take it?' headline of the week. Robby Starbuck's Impact on Corporate DEI PoliciesDR: In our 'Nelson Peltz has already taken credit for this' headline of the week. The Walt Disney Company makes history with record-breaking 60 EmmysMM: In our 'Nelson Peltz was disappointed in the result, saying, "Only 60? Probably because of all the blacks they keep casting."' headline of the week. The Walt Disney Company makes history with record-breaking 60 EmmysDR: In our 'Can we cut-and-paste the formatting of this headline to this one from the NYT: How Telegram Became a Playground for Criminals, Extremists and Terrorists. Or this one from Futurism: OpenAI's Strawberry "Thought Process" Sometimes Shows It Scheming to Trick Users' headline of the week. Boar’s Head will never make liverwurst again after outbreak that killed 9MM: In our 'It's the Germans fault' headline of the week. Boar’s Head will never make liverwurst again after outbreak that killed 9DR: In our 'Is this what an S&P 500 board with only 18% female influence looks like?' headline of the week. Delta is reminding prospective flight attendants that they must wear 'proper' underwear to their interviewsMM: In our 'Given 74.6% of flight attendants are women, this is for you ladies - only Elon Musk can wear a diaper to work like a big fat baby.' headline of the week. Delta is reminding prospective flight attendants that they must wear 'proper' underwear to their interviewsDR: In our 'Zuck pretends to cede control' headline of the week. Instagram gives parents more control over teen accountsMM: In our 'Mark Zuckerberg retains total and complete control of Instagram' headline of the week. Instagram gives parents more control over teen accountsMATT1In our 'Just because there's asbestos in our baby powder doesn't mean you're sick because of OUR asbestos... That could be ANYONE's asbestos... Have you checked Gary's house? I mean, no offense Gary, but your house smells like asbestos all the time. I'm pretty sure there was asbestos in the breakroom coffee machine - or at least it tasted like it. Given these facts, judge, we rest our case.' headline of the week. J&J gets $260 million talc verdict overturned in Oregon, new trial orderedIn our 'We only have 74.6% of directorships, 93.9% of CEO positions, and make 120% more. It's a long road to get to 100% of everything like it used to be, but someone has to climb it. Strap in boys, let's get it done!' headline of the week. Elon Musk's Quest to Make Men Great AgainIn our '...
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    26 分
  • FRIDAY WRAP: Alan Shaw’s fun times, Southwest has no board left, D&D AI, Deere’s DEI hypocrisy
    2024/09/13

    FRIDAY WRAP: Alan Shaw’s fun times, Southwest has no board left, D&D AI, Deere’s DEI hypocrisy

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    48 分
  • THE GOOD GAME: Southwest’s board shakeup, Norfolk’s CEO gone, one Peltz off Wendy’s, and Newsmax’s IPO
    2024/09/10

    THE GOOD GAME: Southwest’s board shakeup, Norfolk’s CEO gone, one Peltz off Wendy’s, and Newsmax’s IPO

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    52 分
  • FRIDAY WRAP: VW’s ex CEO trial, Hasbro is a healthcare company, shorting testosterone, and big oil curriculum
    2024/09/06

    FRIDAY WRAP: VW’s ex CEO trial, Hasbro is a healthcare company, shorting testosterone, and big oil curriculum

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    51 分
  • BIZ NUGGETS: DEI u-turns, AI and Facebook hear you cough, Calhoun’s giggle in space, and ESG proposal zero support
    2024/09/03

    BIZ NUGGETS: DEI u-turns, AI and Facebook hear you cough, Calhoun’s giggle in space, and ESG proposal zero support

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    25 分
  • FRIDAY WRAP: Telegram’s Durov arrested, Starbuck’s new remote worker, DEI coward data, Musk threatens a judge
    2024/08/30

    FRIDAY WRAP: Telegram’s Durov arrested, Starbuck’s new remote worker, DEI coward data, Musk threatens a judge

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    1 時間 1 分
  • FRIDAY WRAP: Musk’s pay vote, OpenAI’s new board bro, Google’s monopoly, market meltdown, vegetable health care, and cybertruck google eyes
    2024/08/09

    FRIDAY WRAP: Musk’s pay vote, OpenAI’s new board bro, Google’s monopoly, market meltdown, vegetable health care, and cybertruck google eyes

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    36 分