Musk’s Charity Riddle | Southern Border’s Robot Dogs | Belgium Welcomes Four-Day Work Week

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Good morning.

The World Food Program denied receiving donations from Elon Musk, so that eliminates one possible destination
for the $5.7 billion of Tesla shares he gifted to "charity." We’ve looked into what the others are. We’re also covering the Philadelphia company supplying the Department of Homeland Security (DHS) with robot “dogs” and the introduction of a four-day work week option in Belgium. Finally, don’t miss this story about billionaires banding together to quash an affordable housing project in the bougie ski town of Whitefish.

Sofia Lotto Persio

Sofia Lotto Persio

Curator-In-Chief | Twitter

In The News Today

CNN’s Chief Marketing Officer Allison Gollust has resigned from the company after an internal investigation found she had failed to disclose a workplace relationship.

As a new report adds controversy to the doping investigation into Russian figure skater Kamila Valieva, the International Olympic Committee decided results of the women’s figure skating where the 15-year-old is favorite to win gold will carry an asterisk until the case is closed.  

Top Take-Aways

The transfer of 5 million Tesla shares, worth $5.7 billion at the time, Elon Musk filed as a charitable donation account for more than 20 times what he had previously given to date. But whom did it benefit? Here are some possibilities.

Philadelphia company Ghost Robotics was thrust under the spotlight due to its contract with the DHS to supply four-legged robots to patrol the Southern border. While government customers represent almost all of sales today, CEO Jiren Parikh expects that, ultimately, enterprise will become a larger market.

Weeks after announcing plans to spend at least $20 billion on new manufacturing facilities in Ohio,
Intel is turning to M&A to fuel its ambitions, agreeing to buy Israeli chip manufacturer Tower Semiconductor in a deal worth $5.4 billion.

Former Rams coach Marvin Lewis is one of the Black NFL coaches who publicly expressed support for former Dolphins coach Brian Flores, but has not joined his lawsuit, which is seeking class-action status. There’s “no way to prove a sham,” he told Forbes, explaining his decision.

Belgium
has become the latest country to offer a shortened work week in a bid to decrease stress and burnout, allowing workers to request a four-day work week without losing salary as part of a labor practices overhaul.

P.J. O’Rourke, the prolific political satirist and bestselling author who died on Tuesday at 74, took Forbes readers on a few wild rides over the years. Here’s one of his best pieces, describing a horsebound exploration of the mountainous Central Asian country of Kyrgyzstan. 

Today's Must Read

 
How Billionaires Helped Kill A Housing Development In A Montana Ski Town
 
 
 
How Billionaires Helped Kill A Housing Development In A Montana Ski Town

Facing a housing crisis, the northern Montana ski town of Whitefish is trying to build new affordable units. One of those projects ran into stiff opposition from the town’s billionaire denizens.

Read The Full Story →
 

In Case You Missed It

Experts warn that as countries lift restrictions and prepare to “live with the virus,” Covid-19 could still cause widespread and serious disease, possibly even giving rise to another coronavirus pandemic in the future.

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Tips You Can Trust

If you’ve been waiting for the opportunity to negotiate a raise, now is the time. Here are three reasons why.

Not everyone is keen to join the "Great Resignation"—if you feel deflated at work, but don't want to leave, consider these seven ways to boost your morale and your standing within the company.

Today's Must Watch

 
How Megan Thee Stallion And Charlie Puth's Flamin' Hot Cheetos Super Bowl Ad Came Together 
 
 
 

Features

How Megan Thee Stallion And Charlie Puth's Flamin' Hot Cheetos Super Bowl Ad Came Together 
 

Frito-Lay’s first-ever Super Bowl commercial for its Flamin’ Hot brand is an animated romp featuring Megan Thee Stallion as a chic woodland bird who sings a different kind of tune and Charlie Puth as a beatboxing fox. 

Watch
 

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Join us on Wednesday, March 2, for the 2022 For(bes) The Culture Culturally Accountable Summit as we focus on cultural accountability as it relates to building wealth within Black and Brown communities. Sign up to gain Insights from Monique Idlett, Percy (Master P) Miller, Antonio Mackey and more. Don’t miss your chance to register for free today.

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