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FRIDAY WRAP: Pfizer’s Yale backer, Boeing’s intransigence, and Hindenburg’s Roblox hellscape
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Introduction
LIVE from your ESG olive grove, it’s a Business Pants Friday Show here at October 11th Studios, featuring all your favorites: AnalystHole Matt Moscardi. On today’s weekly wrap up: shenanigans at Pfizer, the potential end of the Google search monopoly, and bumbling Boeing.
Our show today is being sponsored by Free Float Analytics, the only platform measuring board power, connections, and performance for FREE.
Story of the Week (DR):
Pfizer threatened to sue renegade executives prior to activist schism, Starboard's Smith says
Starboard plotted a campaign against Pfizer’s chief. Then a blank email dropped in his inbox
The Boeing strike has no end in sight
Boeing files unfair labor practice charge against striking union
Boeing Would Be Biggest-Ever US ‘Fallen Angel’ If Cut to Junk
Feds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financing
“The vast majority of financial institutions have partnered with [Financial Crimes Enforcement Network] FinCEN to protect the integrity of the U.S. financial system. TD Bank did the opposite. From fentanyl and narcotics trafficking, to terrorist financing and human trafficking, TD Bank’s chronic failures provided fertile ground for a host of illicit activity to penetrate our financial system.”
approximately $18.3 trillion of transaction activity from Jan. 1, 2018, to April 12, 2024 went unmonitored
Bombshell report claims Roblox is ‘pedophile hellscape’ MM
Hindenburg Research accused the company of overinflating its user metrics and fostering an unsafe environment for underage users
Goodliest of the Week (MM/DR):
DR: AI startup Writer, currently fundraising at a $1.9 billion valuation, launches new model to compete with OpenAI: female CEO
DR: The CEO of disgraced crypto firm FTX actually announced his prison stint on LinkedIn
Ryan Salame, the former co-CEO of FTX Digital Markets: “I'm happy to share that I'm starting a new position as Inmate at FCI Cumberland!”
MM: DOJ proposes breakup and other big changes to end Google search monopoly
Sharing search data with rivals
Restricting distribution agreements with browsers
Possible breakup of company/products
MM: Woman slightly winning the week MM DR
‘You’re a girl?’ The duo taking on the male-dominated plastering world
10% of construction employees are women, 4% of on site employees
Women’s health startup Maven Clinic closes funding at $1.7 billion valuation
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