The phenomenon of global warming and the leadership of the CEO (but make it funny!)
Good morning. I was hoping to write to you from Toronto, but my journey was canceled due to thunderstorms. Storms are not new, of course, nor are they steam saturated in New York. But 2024 was The warmest year ever This year continues, affecting every part of the planet. (Japan recorded the highest temperature ever on July 30 of 41.2 ° C, or 106.2 ° F.).
The US Department of Energy recently came out with a Amazing report This reduces climate change in an attempt to justify the regulations of retreat to treat them. I would like to suggest that readers check tools, lessons and visions in Supporting severe risk governance in HeathWhich was released last week on the first anniversary of Invitation to the Secretary -General of the United Nations to work on Extreme Heath.
It is easy to feel a deficit against the fluctuations of the mother nature, whether at home from La Gardadia after an abolitional journey or trying to escape Tsunami. But there is a lot that people can do to adapt to the facts of the planet warming and mitigate its effects, especially the leaders who are in a position to create new products, policies and practices.
The readers of this newsletter know that I am a fan of economists Spencer GlenndonWhich has long been followed The effect of climate change. He often talks to the leaders of Fortune 500 and their difference around the road forward to work. We are hosting a climate for C-Suite leaders on September 23 in partnership with DeluetteWhich also sponsors this newsletter. We also plan to view more dialogues and report innovation in energy and relevant issues. my colleague Jordan Blum It helps to drive the road. What is possible through exciting technology.
As a university student in Nairobi, she worked part -time as a writer on the United Nations Environment Program. When writing my first letter to Mustafa CEO, his advice was “Make it funny.” I spent tonight in an attempt to reach jokes about desertification, just to make him explain that the goal is to join for himThe deterioration of fertile lands is not. Such challenges can feel large and excited in the summary. When we communicate as human beings, he said, we can accomplish things.
Best news
The Day of tariffs: new taxes on US imports
President Trump signed an executive order to raise tariff rates to imports to the United States to dozens of countries. The rates range from 10 % to 41 %. Any “multiple” commodities across the third countries in an attempt to avoid definitions will face 40 %. CNBC has a good summary here. There is the collapse of each country separately here. Read the official executive order here.
Canada faces a 35 % tariff
North Niger in the United States I got a higher rate Because Trump is not satisfied with Canada’s efforts to stop the flow of fentanel. However, the goods that were previously covered with the USMCA agreement are exempt.
Mexico gets a 90 -day extension
President He said: “The complications of the deal with Mexico are somewhat different from other countries due to both problems, assets, assets, borders. We have agreed to extend, for a period of 90 days, and the same deal that we faced over a short period of time, and is less than that, Mexico will continue to pay 25 % of the priests, and 25 %. “
Everything may be nothing
Yesterday, the US Court of Appeal for the Federal Department in Washington, DC To hear an appeal It would turn all the orders of Trump tariffs. A group of countries and small companies argue that the president has no power to impose a state of emergency under IEPA to impose definitions without the approval of Congress. Judges who hear the case seemed skeptical in the defense of the administration. This case will go to the US Supreme Court.
Trump threatens pharmaceutical companies
President books To 17 pharmaceutical companies that insist that it be committed to reducing drug prices, or otherwise. “If you refuse to advance, we will publish every tool in a arsenal to protect American families from the continuing prices of offensive drugs,” Trump wrote. It is not clear whether Trump has legal power companies to change their prices.
Apple and Amazon won profit expectations
Apple and Amazon beat Wall Street’s profits, through their profit reports on Thursday, as Apple set a quarterly number annually of $ 94 billion. apple opinion The majority of its growth of its iPhone during AWS, the cloud computer arms, Nourish Income gains.
Figma for the first time my little one
Figma shares Almost three times On Thursday, the first day of the design software on the New York Stock Exchange is traded. The market cost is now about $ 46 billion, or about 26 billion dollars from Adobe, which offered the company’s purchase in 2023.
Ray Dalio sells bridgewateer Final class
It is the end of an era: the soluble billionaire investor He also abandoned the seat of the board of directors. He is still a personal investor in Bridge.
Markets
S & P 500 futures contracts It decreased by 1 % this morning, premarkket, after closing the index by 0.37 % yesterday. Stoxx Europe 600 1.29 % decreased in early trading. UK FTSE 100 0.65 % decreased in early trading. Japan Nikki 225 0.66 % decreased. China CSI 300 It decreased 0.51 %. South Korea KosPI It was a decrease of 3.88 %. India Elegant 50 0.5 % decreased. Bitcoin He decreased to $ 114,000.
From the analysts
G on definitions: “The silent market impact indicates the expectations of commercial deals and the greatest focus on data,” for all Francesco Bezole and others.
UBS on definitions: “The global economy hesitates with the faded pleasant in the yoke of taxes that decrease on the shoulders of American consumers. These taxes do not appear in the baskets of consumers with full force until next January – and the question is whether the courts will estimate these taxes before that time.”
Goldman Sachs on today’s job number expectations: “We appreciate that non -agricultural salary lists increased by 100,000 in July, in line with the consensus of 105 thousand and less than average for three months +150 thousand. On the positive side, huge data indicators showed a recovery in the growth of private sector jobs, despite the remaining pace,” in Ronnie Walker and Jessica.
About water armed
Is Ebay actually exciting again with ancient e -commerce shares to the highest level ever? Written by Jason d
Warren Buffett of Berkshire Hathaway and Zillow says that mortgage rates cannot decrease enough for Americans to honor a house By Lake Sydney
The CEO of Hermès says that the prosperous Birkin market prevents the luxury brand from presenting its “real customers”: “I don’t make me feel a good mood.” Written by Sasha Rogerberg
Jimmy Damon gave just a thumb to Stablecoins – but he still will not say anything nice in Bitcoin Written by Bin Weiss
Daily Executive Director is collected and edited by Joey Abrams and Jim Edwards.
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