2) ➡️ The endemic planetary problems that Change the World companies are taking on require the strengths of big and small companies alike.
3) On the one hand, nothing can replace the scale of a big company.
On the other, by baking in social problem-solving from the get-go, smaller companies can bring a laser focus to finding solutions. bit.ly/3ehleJS
4) 🛒 @Walmart can use its more than 4,700 stores in the U.S. to help diabetes patients obtain less-expensive insulin. bit.ly/3ehleJS
@Walmart 5) While a startup like @altopharmacy can focus on automating outdated prescription systems so that fewer patients skip their medications entirely. bit.ly/3ehleJS
2) Since Biden announced his student loan forgiveness plan at the end of August, it has been hit with lawsuits by conservative and libertarian groups who say widespread forgiveness is unfair.
Some of the suits have been dismissed, including by the U.S. Supreme Court. But…
3) The widespread forgiveness plan was blocked two times in less than a week by:
👉Eighth Circuit Court of Appeals in St. Louis
👉Federal district judge in Texas
2) We’ve already seen home price growth rollover on a national basis. Between June and August, the Case-Shiller National Home Index showed a 1.3% drop in U.S. home prices.
That marks the first decline since 2012.
3) “We’re easily going to see large double-digit declines. I think 15% next year is very conservative. We’re already turning,” said Diane Swonk, chief economist at KPMG.
It’s no surprise that some workers are feeling a little anxious about a recession and the future of their jobs.
Here are a couple tips for spotting the worst before it happens. 🧵bit.ly/3TCckFA
2) It’s about your company’s trajectory, not your own.
If your company has cash runway for less than 12 months, it’s likely to consider a layoff to make the cash outlast the current slowdown, according to @Layoffsfyi founder @roger_lee.
3) In that case, the “last-in, first-out” rule unfortunately still applies.
But even if your performance is top-notch or you’re not a new employee, you’re not immune to layoffs.
Fortune’s annual 40 Under 40 list shines a spotlight on ambitious and accomplished individuals shaping business in 2022.
These are the trailblazers influencing culture and society. bit.ly/3Gje03E
2) Host of Call Her Daddy, @alexandracooper, has one of the most lucrative deals in podcasting: $60 million to license the podcast exclusively to Spotify for three years.
She’s become Spotify’s most popular female podcaster. bit.ly/3gb9Ujk
3) Singer @rihanna is now worth $1.4 billion, while the value of Fenty Beauty is at least twice that.
Then there’s Savage X Fenty which last year raised $115 million in a Series B funding round and is now reportedly worth $270 million. bit.ly/3O6JdJl