Hello everyone! Welcome to this weekly compilation of stories by Insider, editor-in-chief of the business world, Matt Turner. Sign up here to receive this newsletter in your inbox every Sunday.
Read on for more information on Silicon Valley vs. Texas, the MyPillow man, and the White House staff of President Joe Biden.
Reading time: 4 minutes.
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Hello!
Attention has been drawn to President Biden’s stimulus plan following his inauguration this week. Here is the latest:
Silicon Valley vs Texas
From Brett Alder:
Many people, myself included, have moved from California to Austin because of the hype and the perception that California and Austin are quite similar in lifestyle. My family and I found this to be far from the case.
The thing that California and Austin definitely have in common is that they are both very expensive. Austin is not cheap. Let the words sink in. Austin is not cheap; it’s actually quite expensive.
We moved from San Diego in 2015 (a square foot home on a third acre) in search of a lifestyle boost. If you are looking for great schools, the southwestern and northwestern sectors of Austin are the top options. The only caveat is that NW Austin (Travis County) is one of the most expensive real estate in Texas.
But there are many that are different. This is what we learned, or ten reasons why Austin is not the ‘California of Texas’.
Read the full story here:
Also read:
The MyPillow guy
MyKussing; Chris J Ratcliffe / Getty Images; Stephen Maturen / Getty Images; Samantha Lee / Insider
From Kate Taylor:
When President Donald Trump’s corporate allies let him down in the last days of his reign, one man remained standing: Mike Lindell, CEO of MyPillow.
“I’m not backtracking on these machines that stole our election,” Lindell told Insider on Wednesday.
“I never change anything like that. I’m not going to say, ‘Oh, please, do not boycott me. Please do not,'” Lindell added, changing his voice in a moaning, pitiful tone.
“It’s not me,” Lindell added, returning to his typical powerful cadences that often border on screaming. “Once everyone has done that, anyone who wants to control the story can do what they want and destroy companies.”
Read the full story here:
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Biden’s White House Team
Tasos Katopodis via Getty
From Tina Sfondeles, Kayla Epstein, Robin Bravender and Sawyer Click:
It’s time to meet a whole new White House.
From: Mark Meadows, Hope Hicks, Dan Scavino and numerous brave faces who have helped President Donald Trump run the country for the past four years.
In: Ron Klain, John Kerry, Jennifer Psaki, and someone from veteran Democratic power brokers who prefers him to President B Joe, in his uphill quest to unite a country on the brink.
Biden has already announced more than 200 jobs in the White House, and that was before he took office. It is expected that many more people will soon join a team that will eventually compete against the more than 400 presidential associates that Trump hired by mid-2020.
To help navigate the transition, Insider has compiled a comprehensive list of the staff that will keep Biden’s White House going.
Read the full story here:
Also read:
INVITATION: The future of work
Join Insider Events on Wednesday, January 27th at 12pm ET for ‘Workplace Evolution’ hosted by Dell Technologies. Netflix Speakers,
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, and P&G will discuss how to empower workers remotely, what the shift from ‘work from home’ to ‘living at work’ means and what the new workplace landscape will look like in the future.
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Here are some headlines from the past two weeks that you may have missed.
– Matt
Merrill Lynch’s pipeline for thousands of new advisers is ‘in limbo’ as the firm revamps its training program and handles ongoing violations with cold calls
Rick Rieder, chief executive of BlackRock, says investors should think ‘dramatically differently’ in 2021. This is what he bought and sold because he expects growth to grow this year.
We asked 12 leading European technology investors to choose fine companies that they think will inflate in 2021. Here are the 20 they chose.
Bank of America says to buy these 16 semiconductor stocks as the U.S. industry will double its growth rate over the past three years.
We have an exclusive look at the $ 3 billion valued health business Hinge Health that raised $ 300 million
Carlyle’s credit staff: meet 14 people leading the PE giant’s $ 53 billion loan division that were hot during the pandemic
Rivian uses one of Elon Musk’s favorite job interview techniques to determine which candidates fall out of the pack
An advertising agency sued the DDB of Omnicom, claiming that it had been “exploited” so that the other firm could get a $ 4 billion contract in the US military.