Wow, I'm floored! Today, "Gradually, Then Suddenly" — the Detroit bankruptcy documentary, coming in 2022, for which I'm principal scriptwriter — was named as the $200,000 winner of the 2021 Library of Congress Lavine/Ken Burns Prize for Film.
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The FDA acknowledges how it failed to prevent the baby formula crisis from getting out of control. axios.com/2022/09/20/bab
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FDA completes review of baby formula crisis: "a confluence of systemic vulnerabilities that demonstrate the need to focus on continued modernization and investment in the expertise and tools needed to better anticipate and address future public health challenges in this area."
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Which doesn't mean they weren't right all along. But this is a longstanding tradition that, it seems, hasn't borne much fruit over the years.
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When I co-wrote a project titled "How Detroit went broke" for , I reviewed 50 years of municipal audits in the archives of the Detroit Public Library and found reports of the city challenging practically every Census report. Some things never change.
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Detroit filed a federal lawsuit today against the U.S. Census Bureau for undercounting the city’s 2021 estimates. @freep
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Congratulations to founders , and on today's release of their book "Smart Brevity: The Power of Saying More With Less"! Find it here: smartbrevity.com
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The war over your teeth is producing casualties. My story for on the ongoing battle between Invisalign, SmileDirectClub and the orthodontics lobby.
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I'll repeat: If no one's watching, sportswashing doesn't work -- so why would the Saudis stick with it in the long run?
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Apple and Amazon told LIV Golf to look elsewhere for a media rights deal, per @andrewlbeaton and @JBFlint sources.
wsj.com/articles/liv-g
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MORGAN STANLEY: “My fully driverless ride last night (9:20pm) in a Cruise vehicle through the streets of San Francisco is genuinely difficult to put into words. Call me and I’ll do my best to explain. But just, wow. Very impressive stuff.” [Jonas] $GM
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GM just revealed the 2024 Chevrolet Equinox EV with a starting price of "around $30,000," which would be less than half of the average EV price today.
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The Jif peanut butter factory responsible for a salmonella outbreak in May had a pattern of salmonella incidents in recent years, according to inspection documents I obtained for .
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NEW: President Biden says he'll attend Detroit auto show because he's 'a car guy'
detroitnews.com/story/business
via
#NAIAS22
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We've reached the point in the viral story cycle where the PR pitch is now ...
>>"Quiet Quitting" is for Leaders, Too 👀
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Good to see it
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Our style: Don't use the pronoun "she" in reference to nations, ships, storms or voice assistants except in direct quotations. Use "it" instead.
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Cineworld, the world’s 2nd-largest cinema chain behind AMC, is preparing to file for chapter 11 bankruptcy as theater attendance lags behind projections. Exclusive!
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Wow!
1.Berkshire Hathaway is Apple’s single largest shareholder, owning 5.5%
2. "Apple now represents 43% of Berkshire’s portfolio."
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Two vehicles that could benefit most from the new EV tax credit next year: the Chevy Bolt and Tesla Semi. The Bolt would be in a class of its own for under $20k, and the $40k commercial discount on the Semi could make it extremely attractive 1/
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"Oracle has begun vetting TikTok's algorithms ... to ensure they aren't manipulated by Chinese authorities," ' reports.
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Marriott Chairman David Marriott debuts the company’s new headquarters in Bethesda, Maryland.
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JUST IN: J&J says it'll ditch talc-based baby powder for cornstarch-based baby powder in 2023 — but the company insists it has nothing to do with the safety of its talc products, which have been accused of causing cancer and triggered massive litigation.
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A devastating ransomware attack cost HanesBrands $100 million in sales in the second quarter, the company disclosed today. My story for .
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More bad news for Walmart+ — it’s membership remains stagnant at 11 million members as of July 2022, per estimates from CIPR.
“Walmart+ membership has yet to grow in 2022. For the last three quarters, membership has remained constant at 11 to 11.5 million customers.”
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Hanes says a ransomware attack cost it about $100 million in net sales in the second quarter, having crippled its supply chain and customer orders for about three weeks.
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80% of the 0.5% decline in the Producer Price Index in July was due to the drop in gasoline prices, says.
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People want dental insurance, says dental insurer
Which would mean that there's truly no incentive for LIV players who receive guaranteed money to play well.
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Whoa, bombshell! Plaintiff's lawyer just let slip that LIV players' earnings are counted against their upfront money. This shall be explored further at a later date.
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This would directly contradict what the LIV folks have told us throughout: that the prize money they earn is on top of the contracts, not part of them.
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The LIV lawyer just said that the money won in tournaments is "recouped against the LIV contracts".
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This reiterates what I've been saying: Journalists need to be more skeptical of the supposedly "guaranteed" money LIV has promised to players. Unless it's already been paid, nothing's guaranteed.
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He moved very quickly passed that and did say that each contract is different, but did insinuate that not all guaranteed money is guaranteed. twitter.com/CarterLayton_1…
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. has been very clear on this point -- his priority is not to incentivize EV sales but ensure they and the supply chain are in the United States and North America -- and not China
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The fact that many/most existing EVs won't qualify for Joe Manchin's tax credit is kind of the whole point. He doesn't want US taxpayers to be subsidizing overseas imports and reliant on a Chinese supply chain.
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Super smart take by and : "The publishing landscape has changed dramatically ... and no longer favors outlets looking to scale on social media. It favors companies that develop direct relationships with their audiences."
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More evidence that people's desire to do stuff is overwhelming inflation:
When Callaway's Topgolf recently raised prices, "they saw no push-back from consumers," Goldman Sachs analyst Kate McShane reports.
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Axios exit for $500M disproves the idea that the only way to make money in news media today is to make sensationalist content or cater to a politically biased market. Serious reporting on every vertical. One of the best media startup outcomes in two decades.
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Nikola says it's aiming to boost truck production at its Arizona factory to ... five per shift by November.
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"Georgia's thriving film and TV production business is unlikely to be threatened over the state's stance on abortion rights… Georgia's tax program is one of the most generous in the country with no annual cap and tax breaks as high as 30%." -
axios.com/pro/media-deal
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