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Jan 6

NEW: McDonald's is planning to trim or reorganize corporate staff though the company said it will also expand globally. Scoop w/

@heatherhaddon

Its the latest big company to examine targeted white-collar layoffs.

WSJ News Exclusive | McDonald’s to Make Staff Changes by April as Part of Broader Revamp

The plan comes as the company said it would expand its business globally, including through new and more types of restaurants.

Jan 6

French Gates is part of a cohort of female billionaires, including MacKenzie Scott & Laurene Powell Jobs, who are parting w/ their wealth faster, often with fewer strings attached, and funding causes and groups that don’t normally attract the attention of major philanthropists.

“The more I speak my truth, the more I know it’s opening the way for other people to speak their truths,” French Gates said in an interview. Being on her own has led her to speak out more, she said. “Since the divorce, I just get more and more comfortable with it all the time.”

NEW: Melinda French Gates was half of one of the world’s wealthiest & most ambitious philanthropic couples for more than two decades. Now, following her divorce in 2021 from Microsoft co-founder Bill Gates, she’s embracing a new solo role:wsj.com/articles/melin with

@betswrites

Melinda French Gates Adjusts to a New, Solo Role

The philanthropist and longtime advocate fights for women and girls. “The more I speak my truth, the more I know it’s opening the way for other people.”

NEW: Facebook tried to hit the mute button on politics and other divisive topics, according to internal documents and sources. Then things got complicated. By

@JeffHorwitz

@keachhagey

+ me

Facebook Wanted Out of Politics. It Was Messier Than Anyone Expected.

Hitting the mute button on political content recommendations brought unintended consequences, documents show. At the end of June, Mark Zuckerberg pulled the plug on the most extreme plan.

Dec 17, 2022

The secret phone call to Bob Iger. The text Jim Cramer sent Disney’s CFO. The disastrous board meeting that sank Bob Chapek. This is the full account of Disney’s epic power struggle (from a rockstar team of WSJ reporters + editors)

Bob Iger vs. Bob Chapek: Inside the Disney Coup

The former Walt Disney Co. chief executive undermined and then succeeded the man he had handpicked to lead the entertainment giant. Mr. Chapek told friends that Mr. Iger’s attitude seemed to be:...

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Bob Iger vs. Bob Chapek: Inside the Disney Coup

The former Walt Disney Co. chief executive undermined and then succeeded the man he had handpicked to lead the entertainment giant. Mr. Chapek told friends that Mr. Iger’s attitude seemed to be:...

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Dec 12, 2022

NEWS: Three top VMware executives are leaving as Broadcom seeks to acquire the company for $61 billion. Deal is awaiting regulatory approval.

WSJ News Exclusive | Three Top VMware Executives to Leave Company

The departure of three senior vice presidents comes as Broadcom is seeking to acquire the software company for $61 billion.

Dec 7, 2022

NEW: Inside Salesforce's recent leadership change. Tensions grew between co-CEOs Marc Benioff and Bret Taylor, leading to Taylor's upcoming exit.

WSJ News Exclusive | Tensions Grew at Salesforce Between Co-CEOs Benioff and Taylor Ahead of...

Marc Benioff became frustrated about how his co-CEO Bret Taylor, who is set to exit the role, was spending his time, people familiar with the executives said.

Nov 26, 2022

The more difficult the challenges Carla Harris faced during her career in finance, the more she wanted to overcome them. Here’s where a work-advice guru turns to for her own career guidance:

How Carla Harris Became One of the Most Powerful Black Women on Wall Street

The Morgan Stanley executive and Walmart director overcame a number of hurdles during her career.

scoop: Jeffrey Epstein’s victims are suing Deutsche Bank and JPMorgan Chase, saying the banks facilitated his sex-trafficking operation and ignored red flags. Both banks kept Epstein as a client after his 2008 plea deal. w/ ⁦

@DaveCBenoit

⁩

WSJ News Exclusive | Jeffrey Epstein Accusers Sue Deutsche Bank, JPMorgan

Women who accused Jeffrey Epstein of sexual abuse are saying the banks facilitated his alleged sex-trafficking operation and ignored red flags about their wealthy client.

Nov 23, 2022

Our latest on the Disney CEO shakeup saga

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Liz Rappaport

@LizRappaport

Nov 23, 2022

Soon after he took the top Disney job, Bob Chapek was at odds with Robert Iger, who stayed as exec chairman, and complained he’d been dealt a bad hand - Great work by ⁦@erichschwartzel⁩ ⁦@RWhelanWSJ⁩ ⁦@EmilyGlazer⁩ ⁦@jtoonkel⁩ wsj.com/articles/disne

WSJ Business News

@WSJbusiness

Nov 11, 2022

WSJ Scoop: Elon Musk made an unusual request from one of his longtime

@Tesla

deputies: Give back some of your stock awards.

WSJ News Exclusive | Elon Musk Made Unusual Request in Falling Out With Top Tesla Lieutenant

As Tesla’s stock rose rapidly, Elon Musk focused on whether compensation for employees matched their contributions, and he asked a top deputy to forfeit some of his unvested equity.

Made an Unusual Request in Fallout With a Top Lieutenant. Remarkable stuff. By

@rfelliott

@timkhiggins

wsj.com/articles/elon-

The great

is so impressed by

’s college football takes that he’s left speechless and has to ask his staff about it. Love to see it! Kevin is such a big fan of this show he was beaming all of yesterday.

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Nov 7, 2022

A number of first-time directors are joining boards as companies broaden the candidate pool. Once new board members join they often ask, now what? Our deep dive on changes to director onboarding:

Companies Look for Ways to Bring New Directors Up to Speed Quickly

Boards are tapping more rookie directors, at the same time board responsibilities have increased. A new level of onboarding is the answer.

Nov 1, 2022

Big congrats to friend, mentor and all-around rockstar journalist Jon Hilsenrath on his new book, on sale today. He describes it as "an economics book disguised as a love story" and I wholeheartedly agree.

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Nick Timiraos

@NickTimiraos

Nov 1, 2022

Huzzah to Jon Hilsenrath, whose biography of Janet Yellen goes on sale today. Jon does a great job placing Yellen (and her husband George Akerlof) in the broader context of what was happening in economics and policy over the last 30 years Check it out: a.co/d/h7yc8L5

Oct 12, 2022

Another great scoop from

Quote Tweet

Exclusive: Brad Pitt's production company, Plan B Entertainment, whose credits include Oscar-winning films such as ‘12 Years a Slave,’ is exploring options including a possible sale, reports @jtoonkel. wsj.com/articles/brad-

Oct 3, 2022

Thrilled to celebrate The Wall Street Journal's win at the Loeb Awards for our Facebook Files coverage in the beat reporting category. We didn't know we won until it was announced, which was exhilarating. It was such a fun time I'm days late in posting!

Newley Purnell

@newley

UCLA Anderson School of Management

So proud of our team.

Quote Tweet

@uclaanderson

.@UCLAANDERSON PRESENTS THE 2022 LOEB AWARD FOR THE BEAT REPORTING CATEGORY TO: @wsj FOR: “The Facebook Files” #loebawards

Congrats to this incredible all-women team of rockstars!

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Jamie Heller

@JamieHeller

Hat’s off to the @WSJ GameStop team for their Loeb award!

Sep 27, 2022

When your husband is from Orlando...

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Kevin Clark

@bykevinclark

Sep 27, 2022

We have some special life news on this week's SND about something that's gonna happen in a few months and the only person qualified to deliver this news is Bo Outlaw. Here goes:

Show this thread

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Sep 22, 2022

NEWS: Boeing is poised to settle an SEC investigation into allegedly misleading statements the co and former CEO made about the 737 MAX jets that crashed in Indonesia and Ethiopia, per sources. by

@davidamichaels

@AndrewTangel

+ me

Boeing to Pay $200 Million to Settle SEC Investigation Related to 737 MAX Crashes

The securities regulator alleged the plane maker and its former CEO made misleading statements to investors about the 737 MAX jets that crashed in Indonesia and Ethiopia.

Sep 10, 2022

Kristin Peck, CEO of animal health company Zoetis, knew what her strategy would be when she started in January 2020. Covid-19 hit — and she quickly reset. Peck is one of few women running a publicly traded company. Here are her advisers:

The CEO Who Helped Animals Survive Covid-19

Kristin Peck, the chief executive of animal-health company Zoetis, prepared a strategy for her first months as boss in 2020. The pandemic forced her to adapt.

Kevin Clark

@bykevinclark

Sep 6, 2022

Hello. Some very cool (slow) news. They are giving me my own podcast feed.

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The Ringer

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Show this thread

Is This the Year Matt LaFleur Finally Gets the Credit He Deserves?

Kevin Clark

@bykevinclark

Aug 29, 2022

I went to Green Bay to find out why Matt LaFleur wins games at a higher rate than any coach in football history. I found out why from Aaron Rodgers, his co-workers and his friends who now coach some of the best teams in football. I found out much more, too

theringer.com

Winning 13 games three seasons in a row seems like an easy proposition with Aaron Rodgers under center. But ahead of an all-important season, the fourth-year Packers coach knows he still has questi...

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Aug 24, 2022

As I've gone back to conferences the usual contact info exchange changed, accelerated by Covid. Out are business cards, in are QR codes, scannable rings or even a chip implants. Kudos to our intern

@alex_harring

who took this story & ran with it!

The Slow Death of the Traditional Business Card

In its place are QR codes, jewelry with your business details or implanted chips. ‘I was some kind of cyborg.’

2022 Gerald Loeb Award Finalists, Lifetime Honoree and Date of Awards Event in New York City...

Aug 18, 2022

Excited that our Facebook Files series is a finalist for the Loeb awards! cc

+ many others

/PRNewswire/ -- The G. and R. Loeb Foundation Inc. and UCLA Anderson School of Management today announced the career honoree and competition finalists of the...

Jul 24, 2022

SCOOP: Friendship between Elon Musk and Google co-founder Sergey Brin is ruptured by Musk's alleged brief affair with Brin's wife. wsj.com/articles/elon- by

@KirstenGrind

and me

WSJ News Exclusive | Elon Musk’s Friendship With Sergey Brin Ruptured by Alleged Affair

Tesla chief’s liaison with Google co-founder’s wife led to couple’s divorce filing, according to people familiar with the matter.

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Jul 20, 2022

NEW: Lyft is laying off around 60 employees, folding car rentals for riders and consolidating global operations, according to sources and a staff memo. wsj.com/articles/lyft- w/

@Preetika_Rana

WSJ News Exclusive | Lyft Lays Off About 60 Employees, Folds Its Car Rentals for Riders

The company is the latest to cut back on staff and adjust businesses amid growing economic concerns.

Jul 14, 2022

Another new CEO this week— and this time a woman CEO in an industry still dominated by male business leaders

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Bob Tita

@bob_tita

Jul 14, 2022

Jennifer Rumsey takes on CEO role at Cummins as the company pursues cleaner alternatives to diesel engines online.wsj.com/article/SB1077 via @WSJ

Jul 13, 2022

Bill Gates is giving another $20 billion to the Gates Foundation. This follows our

@WSJ

scoop that the Gates Fndn was adjusting to possible changes in billionaire Warren Buffett’s plans for his charitable giving:

Bill Gates to Give Another $20 Billion to Gates Foundation

The foundation said it plans to increase its annual payout by billions of dollars in coming years.

After Roe v. Wade Ruling, Employers Weigh In on Abortion and Benefits—Cautiously

Jonathan Rockoff

@jonathanrockoff

Jun 24, 2022

Businesses with health plans covering abortion now are weighing whether and how to pay for employees to travel to a state where the procedure is legal, ⁦

⁩, ⁦

⁩, ⁦

⁩ and ⁦

⁩ report.

Businesses with health plans covering abortion now are weighing whether and how to pay for employees to travel to a state where the procedure is legal.

Jun 21, 2022

Here's a look at the friendship between Bill Gates and Warren Buffett throughout the years, from me +

@DaveColePhoto

Billionaire Buddies: The Friendship of Bill Gates and Warren Buffett

Bill Gates and Warren Buffett built two of the world’s biggest fortunes and have promised to give their riches away. A look at their friendship over the decades.

The Susan Thompson Buffett Foundation is little-known but a large donor for abortion access and reproductive health. Officials at the Susan Thompson Buffett Foundation have been hiring staff and making plans to spend a massive influx of money

Planning for this part of Buffett’s estate, which has been going on for several years, including meetings this year, isn’t tied to changes in the billionaire’s health, sources said

Buffett’s Berkshire stake, the bulk of his fortune, is currently valued at ~$90B. Of that: ~$56B is currently committed to be distributed over time to the Gates Foundation, $17.4B is committed to four family charities including the Buffett Foundation & $18.7B remains uncommitted

Buffett hasn’t revealed publicly how his estate will be divided but officials at the Gates Foundation & Susan T. Buffett Foundation have discussed in internal mtgs that the amount left to the Buffett family fndn could be as high as $70B to $100B. w/

Scoop: Warren Buffett's estate planning is sending charities, including the Gates Foundation, scrambling in a move that could reshape the world of philanthropy, according to sources and documents reviewed by WSJ.