Bruising Night For Democrats | Elon’s New Record Fortune | World’s Top Female-Friendly Companies

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Good morning.

A Republican candidate won the gubernatorial
race in Virginia, a state President Joe Biden secured by 10 points in 2020, while the New Jersey gubernatorial vote remains too close to call. We’re also covering Elon Musk hitting a new wealth milestone despite a hiccup with Tesla's Hertz tie up, and unveil the inaugural ranking of the World’s Top Female-Friendly Companies. Finally, don’t miss this behind-the-scenes look at what was happening inside the Trump hotel on the days surrounding the storming of the Capitol.

Sofia Lotto Persio

Sofia Lotto Persio

Curator-In-Chief | Twitter

In The News Today

Facebook has pulled the plug on the use of facial recognition technology on its platform—for now—following multiple lawsuits over the tool that tagged people when photos or videos of them were posted to the social network.

The Dow Jones Industrial Average closed above 36,000 for the first time ever on Tuesday—two decades after the release of the notorious ‘Dow 36000’ book—as investors eye the Federal Reserve’s decision today on tapering its asset purchase program.

Top Take-Aways

Elon Musk crossed another personal net worth’s milestone on Tuesday, when he solidified his position as the richest person in modern history to become the first worth more than $300 billion. That was despite a tweet from Musk warning that a contract had not been signed on Hertz’s 100,000 vehicle order—but Hertz says the first vehicle deliveries have already started.

Republican candidate
Glenn Youngkin, the former Carlyle Group CEO with a net worth of $440 million, defeated Democrat Terry McAuliffe in Tuesday’s race for governor of Virginia. Here is who won the mayoral races in Boston, New York, and Buffalo.

The Centers of Disease Control and Prevention recommended the Pfizer-BioNTech coronavirus vaccine for children as young as 5, enabling the first shots to be administered as early as this week.

At a time when investors
worried about inflation are considering putting money into everything from bitcoin to commodities, there’s an old-fashioned—and safe and simple—way to keep at least some of your cash from losing value: U.S. Savings Bonds.

Nuro, a developer of autonomous driving technology, hauled in a $600 million Series D funding round to speed up efforts to commercialize its robotic delivery services, bringing its total funding to more than $2 billion and adding a new investor: Google.

After a year that has seen nearly 3 million American women leaving the workforce, Forbes teamed up with market research company Statista to identify the companies leading the way when it comes to trying to support women inside and outside their workforces for the inaugural ranking of the World’s Top Female-Friendly Companies.

Today's Must Read

 
How Trump’s D.C. Hotel Cashed In On The Jan. 6 Riot
 
 
 
How Trump’s D.C. Hotel Cashed In On The Jan. 6 Riot

Sky-high room rates. Record in-room service. Trump family and friends. Here’s a behind-the-scenes look at what was happening inside the Trump hotel on the days surrounding the storming of the Capitol.

Read The Full Story →
 

In Case You Missed It

Almost a year after a Colorado law required employers to disclose wage ranges on any job postings accessible to the state’s residents, many companies hiring for remote positions are either unaware of the requirement or, if aware, are excluding Colorado residents from applying—but scrutiny of this behavior is increasing.

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Tips You Can Trust

There’s a lot that you can do to protect yourself from travel plans going terribly wrong. For starters, downloading these five apps can help you stay one step ahead of disruptions.

Setting goals can be easier said than done. Let these four steps guide your process to chasing your dreams.

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From Beyond The Newsroom

 
2021 Forbes CIO Next – Episode 3
 
 
 

ForbesLive

2021 Forbes CIO Next – Episode 3

Join us as we continue to celebrate the 2021 Forbes CIO Next virtual event series with Episode 3: Shaping Where And How Work Gets Done on Wednesday, November 10 at 1 p.m. ET

Hear strategy from executive leaders at 
Adobe, Microsoft, Chipotle, Atlassian and more, who are leveraging technology to foster flexibility, well-being, and equity during a successful shift to a hybrid work environment.

Register For Free →
 
2021 Forbes Next 1000 Summit
 
 
 

ForbesLive

2021 Forbes Next 1000 Summit

Join Forbes and Square for the 2021 Forbes Next 1000 Summit on Friday, November 12 at 11 a.m. ET to hear from business leaders and entrepreneurs like Meena Harris, Founder & CEO, Phenomenal, who has managed to do just that. Alongside fellow female founders Meena will share her journey, offer resources and discuss what can be done to close the gap. Register for free today!

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Forbes Advisor | Smart Financial Decisions Made Simple
How To Save On Thanksgiving Dinner Despite Rising Food Prices

It’s possible to minimize the impact of rising food costs on your grocery budget. But doing so requires starting to shop now for your Thanksgiving turkey—and accepting the reality of the supply chain woes feeding into those higher prices.

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The Highest-Paid Dead Celebrities Of 2021
 
 
 

Money

The Highest-Paid Dead Celebrities Of 2021
 

Over the last year, the total earnings for the 13 best compensated dead celebrities has tripled to nearly $1 billion.

Watch
 
 
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Tuesday, November 2, 2021

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Forbes’ First Summit For Human Resources Leaders | The Problem With A Widely Used Benchmark For Setting Women’s Pay | The Most Female-Friendly Companies

Tuesday, November 2, 2021

Plus: How A Corporate Lawyer And A Finance Guy Ditched The Rat Race To Build A $750 Million Barbershop App ADVERTISEMENT Forbes With paid family and medical leave being dropped from the $1.75 trillion

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Tuesday, November 2, 2021

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