1/ This is Nick Adams. He’s a big deal in MAGA world. He’s got 638K followers on X and 2.1M on Facebook. President Trump even appointed him to a role at the State Dept. But when I started digging into Adams' nonprofit for "civics" education, something didn't look right ... 🧵
sure inflation caused purely by AI boom isn’t great but it’s in order for to advance humanity
Carl Quintanilla@carlquintanilla.bsky.social · 4w agoGOLDMAN: “.. Memory Costs Have Surged, Directly Boosting Inflation.”
Your retirement could be at risk. Why? Donald Trump and his Administration are granting private equity’s wish to weaken the protections for YOUR 401(k).
Send ProPublica Your 401(k) Plan to Help Us Report on Retirement Fees www.propublica.org/getinvolved/...
Have a 401(k)? Help ProPublica Investigate What’s Really Happening to Your Money.
Some retirement plans are stuck in investments with bloated fees and costly add-ons. Help ProPublica investigate the financial products companies are pushing and what they’re charging workers.
propublica.org
NEW: Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.
Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — inv...
propublica.org
We hired three stone-cold killers @benfoldy.bsky.social @kendalltaggart.bsky.social & @ceodonovan.bsky.social for the biz desk at @propublica.org and I could not be more excited to get started with em www.propublica.org/atpropublica...
ProPublica Hires Caroline O’Donovan, Ben Foldy and Kendall Taggart to Expand Business Coverage
propublica.org
NEW: She Faced a Life-Threatening Miscarriage. Under Arkansas’ Abortion Ban, Even Calls to the Governor’s Office Didn’t Help. Emily Waldorf’s case shows how abortion bans have left hospital lawyers, not doctors, deciding who gets care — and how lawmakers and regulators have failed to change that.
She Faced a Life-Threatening Miscarriage. Under Arkansas’ Abortion Ban, Even Calls to the Governor’s Office Didn’t Help.
Her case shows how abortion bans have left hospital lawyers, not doctors, deciding who gets care — and how lawmakers and regulators have failed to change that.
propublica.org
Six years at Business Insider, and now onto something new. Excited to be joining ProPublica to build a business accountability desk with Jesse — it's the right place to be doing this work right now. We're hiring reporters. Link and some good advice in Jesse's post.
Jesse Eisinger@jeisinger.bsky.social · 5mo agoI'm thrilled that @jakeswearingen.bsky.social is joining our shop to run a business team! www.propublica.org/atpropublica... If you burn to hold superrich billionaires and the largest companies accountable, come join us! Apply here: job-boards.greenhouse.io/propublica/j...
Business Insider just won its first George Polk Award for "The True Cost of Data Centers," a very fun sentence to type. Incredibly proud of the reporters and editors who spent 16 months on the hard, unglamorous work that makes investigations like this happen.
Business Insider@businessinsider.com · 6mo agoThe AI boom has a hidden price. Our investigation into the secrets of US data centers just won a prestigious Polk Award. Read the series here: bit.ly/4aFvMvu Read more about the win here: bit.ly/46WhQvY (Credit: John-David Richardson for Business Insider) #datacenters #ai #awards
Oh whadya know. Eric Adams' alleged rug pull is linked to one of New York's most notorious landlords. www.businessinsider.com/eric-adams-c...
Eric Adams' crypto-token that soared and then plunged in value connected to a controversial Brooklyn landlord
A crypto token promoted by Eric Adams is linked to Sefi Zvieli, a landlord whose Brooklyn property became a city-backed homeless shelter.
businessinsider.com
1/ Anti-'woke' veterans who wield leaked screenshots are thrusting cancel culture deep into the US military, adding to strains at an unprecedented moment. www.businessinsider.com/inside-anti-...
Inside the anti-'woke' revolt that has American troops in its crosshairs
Trump vowed to banish 'woke.' Now, the culture wars are infiltrating the military and spreading paranoia among American troops
businessinsider.com
Friday night massacre: Scoop from Grace Kay that Elon Musk's xAI just laid off hundreds of workers tasked with training Grok late today, after asking many to take tests Thursday evening www.businessinsider.com/elon-musk-xa...
Elon Musk's xAI lays off hundreds of workers tasked with training Grok
XAI laid off at least 500 of the workers on its data annotation team on Friday night.
businessinsider.com
Fun spot from @thenewsham.bsky.social while he was deep into looking thru Tesla's filings: In the proxy filing laying out Elon's trillion dollar comp, Tesla said xAI's name stood for "eXploratory Artificial Intelligence" which uhh, nobody has ever said before www.businessinsider.com/tesla-xai-ex...
Tesla said xAI stands for "eXploratory Artificial Intelligence." It's not clear where it got that.
In a recent proxy statement about Elon Musk's compensation package, Tesla said xAI's name stood for "eXploratory Artificial Intelligence." Huh?
businessinsider.com
Great story, showing yet again that many of the stars of the "news" business are, in fact, bullshitters. www.businessinsider.com/daniella-pie...
A founder said her $200 million newsletter empire had over a million subscribers. Her own records tell a different story.
Daniella Pierson is a darling of the business press and made Forbes 30 Under 30. But do her company's subscription numbers add up?
businessinsider.com
We read -- and write -- a lot about the law firms that did deals with the Trump administration. This week, hundreds of lawyers met to talk about what they should -- and could -- do about the president's posture. @litaliano.bsky.social and @thenewsham.bsky.social report for @businessinsider.com.
We sat with 350 lawyers as they strategized against Trump. Big Law was absent — but Smaller Law is itching to fight.
Hundreds of lawyers brainstormed ways to stand up to Trump — and how to stiffen the spines of lawyers facing pressure from his administration.
businessinsider.com
Loved editing this from @thenewsham.bsky.social and Laura Italiano where 350 NYC lawyers libbed out hard over Trump resistance and swapped Signal tips over passed apps. Small(er) Law rebellion was in full force — Big Law's capitulators mostly absent. www.businessinsider.com/new-york-cit...
Fun look at @businessinsider.com on Tesla's Cybertruck rebrand from space-age oddity to blue-collar work truck — including Tesla using almost 1:1 remakes of Ford F-150 glamour shots. www.businessinsider.com/tesla-cybert...
New from @julianakaplan.bsky.social and @thenewsham.bsky.social: DOGE may be coming for the system that lets you file your taxes for free, and Treasury tells us they consider it a "failed program." (Users, meanwhile, gave it almost universally high marks) www.businessinsider.com/irs-direct-f...
The Treasury Department says IRS Direct File is a failed program. Its creators are worried DOGE is going to kill it.
IRS Direct File is the nation's first free tax filing system. A Treasury Department official told BI it was a failed program with an uncertain future.
businessinsider.com
Great scoop from @thenewsham.bsky.social and @jayshams.bsky.social — Trump says Paul Weiss banned DEI. The firm's internal memo doesn't. www.businessinsider.com/paul-weiss-t...
they made an ai game where you can talk to the patients but forgot to add in prompt safety controls
New: I found a doge staffer whose google calendar was public, including an onboarding event with the GSA that included the names of other DOGE staff on the invite www.businessinsider.com/doge-nasa-go...
We found a DOGE guy at NASA because his Google Calendar was public
DOGE staffer Riley Sennott's Google Calendar wasn't private, exposing his interactions with DOGE and firms like Tesla and Palantir.
businessinsider.com
When Jack slacked me this scoop, I laughed so hard DOGE staffer found at NASA with public Google Calendar showing DOGE interviews and meetings with Palantir (went private after we contacted) Read @thenewsham.bsky.social and @alicetecotzky.bsky.social scoop: www.businessinsider.com/doge-nasa-go...
We found a DOGE guy at NASA because his Google Calendar was public
DOGE staffer Riley Sennott's Google Calendar wasn't private, exposing his interactions with DOGE and firms like Tesla and Palantir.
businessinsider.com
Grace Kay with a scoop: Internal documents reveal Marko Elez, who left DOGE after posts like "I was racist before it was cool" were found and then was rehired by Elon, was on the org chart at xAI, meaning Elez worked at 3 out of 6 of Musk's companies www.businessinsider.com/marko-elez-d...
Marko Elez, who left DOGE amid social media controversy, worked for xAI
Internal documents reveal Elon Musk's xAI startup employed Marko Elez, who resigned from DOGE after being linked to inflammatory social media posts.
businessinsider.com
We got a list of workers at the White House’s DOGE office, including some new names previously unreported. Among them, a McKinsey alum and a lawyer who clerked for Clarence Thomas www.businessinsider.com/doge-staff-l...
We got a DOGE staff list. From a McKinsey alum to a former Clarence Thomas clerk, here are the workers powering Elon Musk's cost-cutting squad.
A list showing White House DOGE staffers reveals around 30 young tech, finance and legal professionals remaking federal government.
businessinsider.com
Last year @thenewsham.bsky.social and @klong.bsky.social found a COVID relief fund meant for struggling arts venues gave $200M+ to rich musicians. We didn't know HOW they spent it—until now. After reviewing thousands of pages of receipts & internal accounting docs, oh boy... 🧵
How rich musicians billed American taxpayers for luxury hotels, shopping sprees, and million-dollar bonuses
Pop stars took advantage of the SVOG grant, using COVID relief funds for luxury spending. Lil Wayne bought Balenciaga and flew private.
businessinsider.com
Cork Haik now presided over death of 3 media companies — not many who can say that! www.axios.com/2024/12/17/r...
Scoop: Refinery29 lays off staff, CEO exits
Owner Sundial Media Group named Cory Haik as CEO in April.
axios.com