Other notable stories include the halted supermarket merger in the U.S., the uncertain future of local Chipotle and Sweetgreen locations, and the evolving perspectives on AI in the workplace. The newsletter also touches on topics like America's retirement system, the survival of BuzzFeed through strategic sales, and the successful lives of some unmarried older women without children. The editorial team comprises Dan DeFrancesco, Grace Lett, Amanda Yen, and Lisa Ryan.
Key takeaways:
- Elon Musk and Vivek Ramaswamy are leading the Department of Government Efficiency (DOGE) with plans to cut $2 trillion from the budget by 2026, but details on execution remain unclear.
- Luigi Mangione, from a privileged background, is now a suspect in a high-profile murder case, with his past struggles with back pain highlighting his engagement with the American healthcare system.
- Gordon Singer, son of Elliott Management founder Paul Singer, has gained more influence within the firm despite having less autonomy over the London office.
- CEOs of seed-stage startups in the US are experiencing a salary decrease, with the average salary dropping from $142,000 to $132,000, according to a study by Kruze Consulting.