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How Federal Attacks on Diversity and Inclusion Policies Have Dismantled Public Health Infrastructure and Threaten National Health Security
Federal executive orders targeting initiatives that seek to ensure diversity and equity for all are systematically dismantling America’s public health infrastructure—cutting research, surveillance systems, and workforce programs while raising costs and putting national health security at risk.
Paradigm Health Implements New Clinical Trial Solution to Support Observational Study Presented at ASCO
/PRNewswire/ -- Paradigm Health today announced its role in the execution of a multicenter, hybrid, observational post-marketing commitment study in the United...
Executives reveal tech initiatives at Summa Health, eight months after General Catalyst acquisition
Two years after General Catalyst said it was buying Ohio safety-net hospital Summa Health, executives shed light on how the “transformation” is going.
Nvidia CEO Jensen Huang fuels South Korea stock surge
The Nvidia chief is reportedly meet with executives from some of the country's largest companies later this week.
AI roundup: Power redistribution | Governance playbooks | LLMs vs. search engines
More people are turning to LLMs for helpful answers to subjective questions. Might they be better off sticking with web search engines?
Jason Benetti explains why NBC’s ‘Inside the Pitch’ is unlike anything MLB broadcasting has done before
Two months into NBC’s Sunday Night Baseball experiment, Jason Benetti knows exactly what separates it from every baseball broadcast that came before it. The “Inside the Pitch” concept — NBC executive producer Sam Flood’s live at-bat breakdown feature that debuted Opening Day alongside former pitchers Adam Ottavino and Clayton Kershaw — has drawn acclaim since…
Community Health launches Executive Physical program
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What Is Airbnb For, Exactly?
The home-sharing app recently added car rentals, groceries and — perhaps most surprisingly — hotels. Brian Chesky, the co-founder and chief executive, is always thinking about how to redesign it.
When used in the ‘wild’ conditions of the real world, large language AI stumbles
Asking medical questions of AI with language spoken “in the wild”—meaning with consumer-level LLM prompts—brings back answers with decidedly mediocre accuracy—76%—a new study shows.
I went to Mistral's summit and heard a clear message about AI
I attended Mistral's first AI summit in Paris. Here's what executives and attendees said about Europe's AI moment.
Hendrick Health President and CEO stepping down, interim leader announced
Hendrick Health President and Chief Executive Officer Brad Holland is leaving the organization after more than seven years at the helm, the health system's boar
Xbox Will Show PS5 Logos at Showcase, But May Adjust Moving Forward as Execs Publicly Contradict Each Other
"It was a miss"
Questions surround shellfish workforce appropriation tucked into budget
The small appropriation would direct as much as $75K to the FSAA's Executive Director.
Windows PC Industry Reacts to Apple's Most Affordable MacBook Ever
A few months ago, Apple released the MacBook Neo, its most affordable MacBook ever. At the time, an ASUS executive admitted that the laptop came as a "shock" to the Windows PC industry, which is now in the process of responding. Acer today introduced a Swift Air 14 laptop, with U.S. pricing starting at $699. By comparison, the MacBook Neo starts at $599 with a 256GB SSD and 8GB of RAM, or at $499 for college students and educational staff.
The Witcher 4 is the work of over twice as many CD Projekt staff as The Witcher 3, in a fresh display of how blockbluster team sizes have ballooned
The Witcher 4 is the work of over twice as many CD Projekt developers as The Witcher 3: Wild Hunt, the company's execut…
Cisco exec says adopting AI is like 'surgery without the drugs'
Liz Centoni, Cisco's chief customer experience officer, is working to reinvent her 20,000-employee division for the AI era. "It's painful," she says.
The Business of Beauty and Front Row Convene Beauty Leaders in New York
Executives from Kenvue, Olfactory NYC, Soshe Beauty, Weleda, Jane Iredale, YSE Beauty, Odele and more gathered at Sadelle’s in New York City to discuss what it means to build a commerce strategy that connects the dots between discovery, conversion and growth.
PNC Business Credit Promotes Elizondo to Western Division Executive
PNC Business Credit promoted Carlos Elizondo to Western division executive, where he will oversee all marketing and portfolio activity across the Western
How Success Silently Becomes A Great Executive's Biggest Health Risk
Success has a paradoxical effect on an executive's health. These three traits drive peak performance while silently masking physiological decline.
Primary care as public utility: Imagine that, researchers urge
A team of healthcare scholars is making U.S. states an offer they hope the border-defined polities won’t refuse: If you’ll pay for the reinvention of primary care, we’ll help sell the public on the rightness of measured, state-level efforts to preserve the profession.
I’m a Business Consultant Who's Seen the Best Advice Fail Companies — Here’s What Goes Wrong
After consulting with small businesses for years, I realized the biggest reason companies fail isn’t bad advice — it’s that most owners never fully commit to executing the changes needed to grow.
How to use ambient AI in healthcare as litigious winds begin to blow: 10 tips from experienced attorneys
As a class-action lawsuit gets rolling in California over the use of ambient AI in healthcare, a national law firm is drawing takeaways for hospitals and other provider organizations. Makes sense: All AI-equipped providers are potential targets for similar litigation now.
Legislature overrides Erie County executive's veto of youth hunting law
The local law will take effect as soon as it is filed with the secretary of state.
Clorox CEO to Step Down for Health Reasons
Clorox Chief Executive Officer Linda Rendle is stepping down for health reasons after more than 20 years at the company.
Critical Gogs RCE Vulnerability Lets Any Authenticated User Execute Arbitrary Code
Gogs 9.4 CVSS flaw exploits git rebase injection on 1,141 exposed instances, enabling remote code execution.
Is The 2026 World Cup a Model for the Future? A Sports Executive Weighs In.
A sports executive explains the World Cup's complex business operations and economic impact and what it might mean for the sports industry
Judge hands Trump mail-ballot win for now as Democrats’ next move looms
A federal judge ruled Democrats' bid to block Trump's executive order on mail ballot delivery was premature since no agency has yet acted on it.
Alaska Small Business Development Center names new director
Jared Reynolds has an extensive background in the field, most recently as the executive director for the UA Center for Economic Development.
Neuroinfectious Diseases Research Workshop: Advancing Translational Science and Clinical Research Innovation
The Neuroinfectious Diseases Research Workshop will be a two-day scientific meeting designed to accelerate research, foster collaboration, and build capacity in the field of neurological infections. Hosted at the NIH Neuroscience Center (NSC, Executive Boulevard), this meeting will bring together clinician-scientists, laboratory investigators, translational researchers, government partners, and trainees committed to advancing understanding of neuroinfectious
Iran: Mass arbitrary arrests and political executions mark intensifying repression
Iranian authorities are using the cover of what they call “wartime conditions” to intensify their repression of dissent through mass arbitrary arrests, accelerated grossly unfair judicial proceedings, politically motivated executions, harsh prison sentences, and asset confiscations, Amnesty International said today. Since the unlawful military attack launched by the USA and Israel against Iran on 28 […]
County health official arrested in Southcrest hit-and-run, death of bride-to-be
: A San Diego County health executive faces vehicular manslaughter and hit-and-run charges after a 27-year-old woman was killed at a Southcrest bus stop Friday afternoon.
NFL executives are buying in on the Cincinnati Bengals
This is good to hear if you’re a Bengals fan.
Meta Launches New Enterprise Push to Boost Business Adoption of Its AI Tools
Meta Platformsplans to place engineers and product managers inside large corporate customers as part of a new unit at the social-media giant to push businesses to use its AI tools and services. In an internal memo, senior executive Naomi Gleit said the new organization, called Enterprise ...
Opinion: Follow California’s lead in protecting workers from AI displacement
By an Executive Order, Gov. Gavin Newsom seeks to fill a gaping public policy void on a bread-and-butter issue for workers. Illinois and Gov. JB Pritzker would do well to follow suit.
How a health clinic in South Africa is navigating Trump's cuts to HIV funding
Community health programs in South Africa have been heavily impacted by U.S. cuts to global aid. Which means there are fewer community and health workers to support low-income people with HIV and AIDS.We recently visited one of those programs, called We Care, to learn more about the experiences of the few employees who still remain.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This story was supported by the Pulitzer Center.This episode was produced by Matt Ozug, Karen Zamora and Elena Burnett, with audio engineering by Peter Ellena.It was edited by Patrick Jarenwattananon and William Troop.Our executive producer is Sami Yenigun.
‘Advanced access’ scheduling pleases patients, strengthens PCPs
Primary care providers can significantly improve practice performance as well as patient satisfaction by making one workaday adjustment: leaving some appointment slots open to accommodate walk-ins throughout the day.
Stonewall's Densil Porteous Discusses the Politics of Pride
Stonewall Columbus’ executive director Densil Porteous discusses Columbus' Pride event and year-round partnerships in a fraught moment.
CVS sues Tennessee in latest challenge to state PBM laws
The same day that Tennessee Gov. Bill Lee signed a bill that would force pharmacy benefit managers to divest from retail pharmacies, CVS Health filed a lawsuit to block its implementation.
Western arms makers line up to test weapons on Ukraine's battlefields
Hundreds of companies have expressed interest in the "Test in Ukraine" program, and the number is growing, a top defense executive said.
How The Caesars Entertainment (CZR) Story Is Shifting With Takeover Talk And New Valuation Targets
Caesars Entertainment is back in focus as analysts refresh their models and tweak price targets, with some firms lifting targets by US$1 to US$7 while others trim them, including a move to US$25 from US$27 at Morgan Stanley. These shifts are being driven by fresh views on earnings power, mixed reactions to takeover speculation in the low to mid US$30s, and differing opinions on how much execution risk to price in. As you read on, you will see how to track this evolving narrative and what to...
Onondaga Co. Legislature to vote on bill on term limits for county executive
The Ways and Means Committee discussed the measure at their meeting Tuesday.
Onondaga Co. Legislature to vote on bill on term limits for county executive
The Ways and Means Committee discussed the measure at their meeting Tuesday.
The Most Powerful Women in Canadian Entertainment, 2026
THR salutes the actresses, execs, producers and other powerful females who are shaping their country’s screen culture — and making gay hockey players an international thing
A Not So Happy Anniversary: A Year of Deceptive Science “Standards”
Saturday, May 23rd marked a year since President Trump signed an executive order (EO) to “restore” so-called “gold standard science.” On the surface, the language and title of the order sounded promising. But to science policy nerds like me, the EO—and the actions the administration has taken to imp
CIOs tackle hybrid roles, blending business outcomes with IT
Tech leaders are taking on dual-role mandates as businesses look to consolidate silos and capitalize on AI, according to executive search experts.
Wildfire near Miami Executive Airport contained, but smoke still threatens health
5 more things to know about 3 hospitals’ $250M case against CVS
Last week hospitals owned by three big health systems filed suit against CVS Health. The trio filed separately, but all accuse the corporation of robbing them of funds they’re owed through the federal 340B drug pricing program.
Wildfire near Miami Executive Airport triggers health alerts over lingering smoke
In HelloNation, Business Strategy Expert Martin Rowan of Naperville, IL, Details How SAP Misuse Impacts EBITDA and Enterprise Value
What happens when companies treat SAP as a reporting tool rather than a system of execution? That's the question answered in a HelloNation article featuring Business Strategy Expert Martin Rowan of Reveal USA, Inc. in Naperville, Illinois. The article explains how underusing SAP contributes to a slow but steady erosion of EBITDA, cash flow, and enterprise value—often without triggering any immediate alarms.
Lakers reportedly hire Pelicans exec Rohan Ramadas as new assistant general manager under Rob Pelinka
Rohan Ramadas has worked in the NBA ... and done jobs for NASA.
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
Schneider Electric sees India data center business outpacing core growth on AI boom
Schneider Electric expects its India data center business to outpace broader operations in the country over the next four to five years, driven by surging demand for AI-ready infrastructure, according to a senior executive.
49ers exec gushes over new rookie's physical traits
The San Francisco 49ers took two offensive linemen in the 2026 NFL draft, but the second really caught one executive's attention.
Fujitsu develops self-evolving multi-AI agent technology that learns and adapts to business operations
Fujitsu Limited today announced the development of a self-evolving multi-AI agent technology that enables multiple AI agents to perform tasks as a team, continuously and safely learning from daily execution results, human feedback, policy revisions, and specification changes.
Star Citizen Hits $1 Billion in Funding, Squadron 42 Release Update
As "Star Citizen" his $1 billion in lifetime funding, Cloud Imperium execs reveal update on "Squadron 42" release date.
FreeBSD Foundation Executive Director Tries Daily Driving FreeBSD On Laptop
With FreeBSD having worked on improving its laptop support over the past two years with some big changes and ongoing efforts for making a nice KDE desktop experience on FreeBSD, FreeBSD Foundation's Executive Director has been trying to daily drive FreeBSD on laptops.
Best family meals at Costco, according to executive Costco member
My favorite premade meals at Costco for a quick, easy family dinner range from frozen Kirkland Signature salmon to refrigerated proteins and kits.
Meet Cindy Linger. She helps underserved in Stark County gain access to health care
In our latest "Five questions with" series, meet Cindy Linger, executive director of Access Health Stark County.
To A.I. Executives, We’re All Just ‘Meat Computers’
A term first used in philosophy and cognitive science circles has lately taken on a more ominous cast. Moo.
Universal Orlando Executive Reveals Vision for Future of Epic Universe Theme Park
Universal Orlando Resort's Epic Universe is focused on enhancing visitor experiences. Executive Jeff Polk emphasizes careful experimentation over rapid changes, ensuring guest experience balance. There's a future possibility for annual passes, prioritizing passholder experience.
Licensing clinical AI like it’s a doctor: 3 medical leaders issue 6-step call
Among other attributes, the change would represent a solid upgrade over current FDA safety guardrails around AI-equipped medical devices. So say three thought leaders who are close watchers of medical ethics and technologies.
Former Nintendo exec confirms NES and SNES Classics were made to sustain the company's business during Wii U's dark days
According to former Nintendo of America president Reggie Fils-Aime, the NES and SNES Classics were specifically made to help the company out during the end of the Wii U years. This may have been something that many have concluded on their own. That said, we haven’t heard about Nintendo comment on this in an official capacity. Nintendo was not in...
Penn Entertainment CFO Felicia Hendrix talks career change from Wall Street to gaming industry
Felicia Hendrix traded in a career on Wall Street analyzing the gaming industry to work in it at a high level. The executive vice president and chief financial
Redwood City's Marine Science Institute gets fourth director
Lisa Biasillo is the new executive director at the helm of Redwood City’s Marine Science Institute, an environmental and experiential nonprofit educating the Peninsula’s children and families.
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
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Xbox expands leadership team with major hires
Xbox has added two big names to its leadership team: Matthew Ball and Scott Van Vliet. The new recruits are part of an on-going drive from Xbox CEO Asha Sharma to move faster, build better products, and make more focused business decisions. The Game Business can reveal that Ball is joining as Chief Strategy Officer. He is a popular industry analyst who is responsible for the annual The State of Video Gaming report, which is widely read across the business. His first job will be to strengthen the console side of Xbox, which is facing significant pressures, not least from the rising costs of memory and storage. In an interview with The Game Business earlier in the year, he admitted he was “pretty frightened” by the situation for the console sector. Ball had previously worked as head of strategy and planning for Amazon Studios, and wrote the 2022 international best-seller The Metaverse. He is currently CEO of Epyllion, a venture partner at investment group Makers Fund and senior advisor at KKR & Co. Meanwhile, Scott Van Vliet joins as Chief Technology Officer. He was previously in charge of Azure OpenAI and AI Core infrastructure at Microsoft, and he also led engineering for Microsoft Teams during the COVID 19 pandemic. But he has a games background. He previously worked across games for Amazon, including Alexa, Amazon Game Studios and the Amazon App Store. He directly worked on the Minecraft: Fire TV Edition. Prior to that, he was VP of Digital Play at Mattel, and worked across brands such as Batman, Barbie, Angry Birds, Fruit Ninja and Cut The Rope. His job will be to improve how Xbox builds products so teams can move faster and deliver stronger results. For more breaking stories, sign-up to The Game Business today Subscribe In addition to these new hires, Xbox has promoted Chris Schnakenberg to Corporate Vice President, Partnerships & Business Development. He was previously VP of partnerships and business development, and joined from Activision Blizzard, where he spent 12 years in various strategy, business development and partner relations role. His focus is on third-party games, publishers and developers working with Xbox. The news follows a number of new hires and promotions earlier in the month, including Jason Ronald taking leadership over Xbox’s upcoming Project Helix console. “These changes are about strengthening our foundation by creating more clarity and improving execution,” Sharma said in an email to staff. “As we head toward Showcase and beyond, we’ll continue making the changes needed to position XBOX for the future.” Matthew Ball is speaking with Christopher Dring at The Game Business Live on Monday, June 8. More details on the event can be found here.
Xbox expands leadership team with major hires
Xbox has added two big names to its leadership team: Matthew Ball and Scott Van Vliet. The new recruits are part of an on-going drive from Xbox CEO Asha Sharma to move faster, build better products, and make more focused business decisions. The Game Business can reveal that Ball is joining as Chief Strategy Officer. He is a popular industry analyst who is responsible for the annual The State of Video Gaming report, which is widely read across the business. His first job will be to strengthen the console side of Xbox, which is facing significant pressures, not least from the rising costs of memory and storage. In an interview with The Game Business earlier in the year, he admitted he was “pretty frightened” by the situation for the console sector. Ball had previously worked as head of strategy and planning for Amazon Studios, and wrote the 2022 international best-seller The Metaverse. He is currently CEO of Epyllion, a venture partner at investment group Makers Fund and senior advisor at KKR & Co. Meanwhile, Scott Van Vliet joins as Chief Technology Officer. He was previously in charge of Azure OpenAI and AI Core infrastructure at Microsoft, and he also led engineering for Microsoft Teams during the COVID 19 pandemic. But he has a games background. He previously worked across games for Amazon, including Alexa, Amazon Game Studios and the Amazon App Store. He directly worked on the Minecraft: Fire TV Edition. Prior to that, he was VP of Digital Play at Mattel, and worked across brands such as Batman, Barbie, Angry Birds, Fruit Ninja and Cut The Rope. His job will be to improve how Xbox builds products so teams can move faster and deliver stronger results. For more breaking stories, sign-up to The Game Business today Subscribe In addition to these new hires, Xbox has promoted Chris Schnakenberg to Corporate Vice President, Partnerships & Business Development. He was previously VP of partnerships and business development, and joined from Activision Blizzard, where he spent 12 years in various strategy, business development and partner relations role. His focus is on third-party games, publishers and developers working with Xbox. The news follows a number of new hires and promotions earlier in the month, including Jason Ronald taking leadership over Xbox’s upcoming Project Helix console. “These changes are about strengthening our foundation by creating more clarity and improving execution,” Sharma said in an email to staff. “As we head toward Showcase and beyond, we’ll continue making the changes needed to position XBOX for the future.” Matthew Ball is speaking with Christopher Dring at The Game Business Live on Monday, June 8. More details on the event can be found here.
Brook T. Smith Launchpad hosts third annual Business of AI Symposium in downtown Clemson
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