Next Draft - Laundering Money
When you're in the shirt laundering business, margins are tight enough to give you ring around the collar. "Few people understand the shirt's transformation from dirty to clean, which at Kingbridge Cleaners & Tailors will run you $6. Kingbridge, with stores in Brooklyn and Manhattan, makes a profit of about 13 cents from a single laundered shirt, after the cost of labor, utilities, rent, insurance, supplies and administration." So yeah, taking the shirt off your back and cleaning it is volume business. It's also one where any rise in prices, even when it comes to something as simple as a lowly hanger, can leave your business hung out to dry. "An imported container of hangers, shipped to Kingbridge’s cleaning facility in the Brooklyn Navy Yard, cost about $3,500 in 2019. During the peak of the pandemic, the same container shot up to $22,000. It’s now settled at about $14,000." A look at the economics of having a clean shirt from the NYT (Gift Article): They Charge $6 to Clean Your Shirt. They Make 13 Cents On It. (Now I have another excuse for never wearing a collared shirt like an adult. Too much financial risk.) 2An Open(AI) MarriageReaders everywhere just got a lucky break. If you asked ChatGPT who would write a great piece on its relationship with Microsoft, it would probably suggest the The New Yorker's Charles Duhigg. It just so happens that Duhigg was wrapping up just such a piece when we were hit with the recent craziness involving the firing and rehiring of Sam Altman and the overthrow of OpenAI's board. That craziness aside, the Microsoft/OpenAI partnership is important and one that could directly impact how you work and live. So here's Duhigg with The Inside Story of Microsoft’s Partnership with OpenAI. The piece is not about the hiring/firing stuff, but of course, you have to start somewhere. "An executive from OpenAI, an artificial-intelligence startup into which Microsoft had invested a reported thirteen billion dollars, was calling to explain that within the next twenty minutes the company’s board would announce that it had fired Sam Altman, OpenAI’s C.E.O. and co-founder. It was the start of a five-day crisis that some people at Microsoft began calling the Turkey-Shoot Clusterf-ck." (Like turkeys didn't already have it bad enough last week...) 3A Singular Swing Vote"Justice O’Connor was referred to, accurately, as the most powerful woman in America. Very little could happen without Justice O’Connor’s support when it came to the polarizing issues on the court’s docket, and the law regarding affirmative action, abortion, voting rights, religion, federalism, sex discrimination and other hot-button subjects was basically what Sandra Day O’Connor thought it should be. That the middle ground she looked for tended to be the public’s preferred place as well was no coincidence, given the close attention Justice O’Connor paid to current events and the public mood. 'Rare indeed is the legal victory — in court or legislature — that is not a careful byproduct of an emerging social consensus.'" (That, for the record, is not the doctrine that drives the current court.) NYT (Gift Article): Sandra Day O’Connor, First Woman on the Supreme Court, Is Dead at 93. 4Weekend WhatsWhat to Watch: Paramount Plus says The Curse "centers on Whitney and Asher Siegel, a newlywed couple struggling to bring their vision for eco-conscious housing to the small community of Española, New Mexico." At that is what the show is about. But it's a lot weirder than that. Emma Stone and Nathan Fielder star is this show that will definitely keep you feeling a little uncomfortable. Give it a try. 5Extra, ExtraSeeing, Not Believing: "Israeli officials obtained Hamas’s battle plan for the Oct. 7 terrorist attack more than a year before it happened, documents, emails and interviews show. But Israeli military and intelligence officials dismissed the plan as aspirational, considering it too difficult for Hamas to carry out." This is an jaw-dropping and disturbing, must-read piece. NYT (Gift Article): Israel Knew Hamas’s Attack Plan More Than a Year Ago. As of last night, the cease-fire extension ended and talks have reportedly collapsed. Here's the latest from CNN, BBC, and Times of Israel. 6Feel Good Friday"The plan turned out a little too well, the company said in its third quarter earnings. More customers took advantage of the seafood chain’s 'Ultimate Endless Shrimp' than expected — the key reason for the chain’s roughly $11 million loss in the third quarter of 2023." Red Lobster’s endless shrimp deal was too popular. (America, you still got it!) Get a copy of my 📕, Please Scream Inside Your Heart, or grab a 👕 in the Store. |
Older messages
The Bodies Politik
Thursday, November 30, 2023
Kissinger Litmus Test, Mac without Cheese
Bible Trumping
Wednesday, November 29, 2023
Evangelicals and Trump, Flying on Fat
Mail Pattern Building
Tuesday, November 28, 2023
Boxed in and out by Amazon, Cease-Fire Extended
No Place Like Home
Monday, November 27, 2023
Cease-Fire Extended, Achieving a Flo State
Sam, I Am Rehired
Wednesday, November 22, 2023
Wham, Bam, You're Rehired Sam, Hostage Deal in Place
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