April 25, 2022 - An American Consulting Firm Became a Power Broker, and Then a Pariah, in South Africa

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From the Editor's Desk See Inside the Worlds Skinniest Skyscraper There's a new skyscraper in New York, and architecture enthusiasts can't wait to see it. And though New York City can be an unforgiving place to call home - the cost of living is famously high, square footage is precious, and the traffic seemingly doesn't move - the Big Apple is one of the most beloved metropolises in the U.S. for a reason: the energy and ambition is unparalleled. And one area in which that appetite for boldness is particularly obvious is its architecture - specifically the daring structures that have shot up within the last few years. From Summit One Vanderbilt with its 1,300-foot-tall observatory to the Sir David Adjaye-designed Affirmation Tower that defies gravity, the enormous buildings are doing their part to redefine one of the most famous skylines. And the recently debuted residential skyscraper at 111 West 57th Street is shaking up Midtown in a big way. After all, it is the world's skinniest tower. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work An American Consulting Firm Became a Power Broker, and Then a Pariah, in South Africa A new judicial inquiry found that corruption at South Africas tax agency was because of collusion between Bain & Company and South Africas former president. Work A popular coffee chain didn't lay off a single employee during the pandemic. The CFO explains how they saved jobs Beyond coffee, Blue Bottle focuses on consumers, and takes care of its own. � � Work Apple, Microsoft, Visa, Boeing, GM, Chipotle, and Other Stocks to Watch This Week First-quarter earnings season ramps up with results from Big Tech companies Alphabet, Microsoft, Meta Platforms, Amazon.com, and Apple. Plus, first-quarter GDP data and more. Work Professor says he knows why the last 10 years in the US have been so 'stupid' Social psychologist and NYU professor Jonathan Haidt argues that social media has polarized and damaged democracy in the US. You Might Like � � � Work Another Setback for Europe's Far-Right Populists on Sunday, in Slovenia The countrys prime minister, Janez Jansa, a Trump admirer, appears to have lost to centrist rivals. 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Today a startup that has built a platform to make the business of fishing more efficient and thus the process overall more traceable and le Work Why a16z pitched Deel to lead its Series A Deel CEO Alex Bouaziz didn't have a pitch deck to share on TechCrunch Live. That's because Deel raised a total of $629 million without one. � Work Fintech Roundup: Founders reinventing, startups buying and pre-seed a'growing Welcome to my weekly fintech-focused column. Ill be publishing this every Sunday, so in between posts, be sure to listen to theEquity podcastand hearAlex Wilhelm,Natasha Mascarenhasand me riff on all things startups! And if you want to have this hit your inbox directly once it officially turn Work Macron defeats Le Pen and vows to unite divided France He triumphs over his far-right rival and becomes the first president to win re-election in 20 years. � Work French President Emmanuel Macron Wins Re-Election Voter turnout was the lowest in decades, a sign of disillusionment with Macron's Administration Work Op-ed: Much like FDR, Biden faces a tough choice do more to stop a vicious dictator now or pay the price later Biden faces the danger of aggressive authoritarianism and the insufficient common cause to confront it. Work $35.2 million in meth was seized from a big rig hauling strawberry puree, customs and border officials say A plot to move almost a ton of methamphetamine in a shipment of strawberry puree got crushed when US Customs and Border Protection officers discovered the concealed drugs. Work Student loan payments won't be due until September. 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Work America's Road to the Ukraine War For years, the United States sent mixed signals about its interests in the country. Then Vladimir V. Putin made his move. Work 'If you can't beat them, join them': Brown calls out Republican for his Trump transformation CNN's Pamela Brown takes a look back at author and Republican J.D. Vance's change in tone from criticizing Donald Trump to becoming a Trump-endorsed candidate in the Ohio Senate primary. Work All-private SpaceX astronaut mission on its way home after a week of delays The first all-private mission to the International Space Station began its return trip Sunday evening after a string of delays dragged the mission out for a week longer than expected because of weather and other inopportune circumstances. Work Video: A quarter of all the electricity in this county is powering Bitcoin mining As the Bitcoin industry grows, CNN's Nick Watt visits a Washington state county where a quarter of all electricity generated is for Bitcoin mining. Work This food company will pay you $10K to be its Chief Taco Officer Feeling hungry for a new job? Work In a Ukrainian School, 12 People Await the War's End, or Their Own In the basement of a battered school in Kharkiv, a dozen residents have taken shelter. In a neighborhood not far away, life has returned to some sense of normalcy. But they choose to stay. Work With Us or With Them? In a New Cold War, How About Neither. Old geopolitical foes are facing off after Russias invasion of Ukraine, but much of the world is refusing to take sides. Work A family of six walks for days to escape the besieged city of Mariupol. Here is their story. At times, Russian soldiers were almost friendly, advising them how to avoid shelling and showing them pictures of their own children. Work Opinion | How to Cultivate Joy Even When It Feels in Short Supply Easter isnt just one day. Its a whole season devoted to rejoicing. Work Ukraine Official: Zelenskyy Meets Top-Level U.S. Delegation An adviser to President Volodymyr Zelenskyy said the U.S. secretaries of state and defense were meeting in the highest-level visit to Kyiv by an American delegation. Work Gov. DeSantis Tests Limits Of His Combative Style In Disney Feud In taking on Disney, Floridas Republican Gov. Ron DeSantis is testing the limits of his combative leadership style while sending an unmistakable message to his rivals. Work Emergency Declaration For Multiple Wildfires In New Mexico New Mexico Gov. Michelle Lujan Grisham has signed emergency declarations as 20 wildfires continued to burn Sunday in nearly half of the states 33 counties. Work Joe Rogan Claims Recent Controversies Helped Grow His Huge Spotify Subscriber Base During the height of it all, I gained two million subscribers, the podcaster said. Work Goldman says oil and gas investment is about to boom, and names the stocks to cash in In its annual review of oil and gas projects, Goldman names several energy stocks it expects to be "winners." Work France's Macron: Anger of Le Pen voters must be addressed France's Emmanuel Macron used his victory speech Sunday to address disaffection at his leadership. Work Another housing bubble? 'We're skating close to one,' says Realtor.com economist The stubbornly hot U.S. housing market now has economists flirting with the real estate industry's most feared word: Bubble. Work Afghan crypto buyers aren't trying to strike it rich. They're just trying to keep what they have out of the Taliban's reach During other crises, people stored their cash and jewelry in the ground or under their pillows. This time, theyve decided to keep it buried in crypto. Work Lagarde says Europe, U.S. face 'different beast' with inflation If I raise interest rates today, it is not going to bring the price of energy down, Lagarde said. Work Dustin Martin back at Richmond training but return date still unknown Richmond coach Damien Hardwick is being tight-lipped on superstar Dustin Martin's surprise first appearance at the AFL club in more than a month Work Russia-Ukraine war: Blinken and Austin in Kyiv for Zelenskiy talks; Russian oil depot on fire near border in Bryansk live US secretary of state Antony Blinken and defence secretary Lloyd Austin visit Kyiv as Russian invasion enters third month; large fire breaks out at Russian oil depot 100km north of Ukraine border Work Ukrainian cities take heavy shelling as top US officials meet Zelenskiy in Kyiv As Russia and Ukraine mark Orthodox Easter, Russian military continues assault with Zelenskiy set to request more weapons from US Work Slovenia election: liberal newcomer Robert Golob defeats populist PM Golobs Freedom Movement wins 34.5% of the vote over Trump-admirer Janez Janas populist party in election billed as a referendum on democracy Work Refugee data analysis casts doubt on Boris Johnson's Rwanda claim Fewer than 200 people would have been sent to Africa last year under PMs migration policy, data reveals Work Main proposals of fan-led review of English football backed by government An independent regulator, shadow boards made up of club supporters and a new owners and directors test among recommendations Work Ocasio-Cortez to unionized Amazon workers: victory is 'just the beginning' Democratic congresswoman joins Bernie Sanders in Staten Island and says workers successful effort was first domino to fall Work Crews search Rio Grande for Texas soldier who jumped in to help migrants National guard soldier Bishop Evans, 22, attempted to save two people he believed were drowning but did not resurface Work US can manage BA.2 variant 'without disruption', top Covid adviser predicts Ashish Jha says spreading variant unlikely to have much effect on the nations pandemic recovery Work Emmanuel Macron's victory masks France's 'fragility' Re-elected president faces divisions ahead of parliamentary election in June Work Norway's wealth fund backs calls for special audit at scandal-hit Credit Suisse Move by worlds biggest sovereign investor puts pressure on Swiss lender to revamp senior management Work UK travel rules to curb Covid were 'disproportionate', say MPs Transport select committee calls on ministers to help ease hiring crunch in airline sector Work Sri Lankan businesses struggle to remain open as fuel prices surge Economic crisis sparks electricity outages and leaves people unable to afford to drive to work Work The Fed's Interest Rate Hikes Could Be Even Worse Than Feared The Fed clobbered stocks, with the S&P 500 and Nasdaq Composite down for the third straight week, and the Dow Jones Industrial Average notching its fourth straight losing week. Work Why Are Big Oil Execs Dumping Millions Of Dollars Worth Of Stock? Big Oil executives are reportedly selling tens of millions of dollars worth of company stock, and it has analysts on edge Work Netflix's Plunge Is a Wake-Up Call for Streaming The streaming industry remains in a land-grab phase, with companies throwing tens of billions of dollars into original series and movies, marketing, and promotions. But its difficult to make money in streaming when your competitors explicitly choose not to. Work This Veteran Investor Is More Optimistic Than Ever. What He Thinks About Tesla and Other Growth Stocks. Anderson, a partner at Baillie Gifford, is one of the preeminent growth-stock investors of his time. As he prepares to step down, hes more optimistic than ever. Work JPMorgan's Stock Has Taken a Blow. Now Is the Time to Buy. Investors are unhappy with the banks increased spending and its reduced stock buybacks. That just means you can buy a powerful banking franchise on the cheap. Work Bearish Now, Bullish Later: How Investors Are Sizing Up Stocks Barrons latest Big Money poll finds 45% of professional investors neutral on stocks in the near term, with rising rates offsetting higher earnings. Work Under Armour Stock Could Climb 50% From Here Under Armour isnt getting the credit it deserves for a turnaround that has made it leaner and more profitable. Although headwinds remain, it wouldnt take much for the stock to rise 30% from here. Work From spreads to shampoo, palm oil is part of everyday life From spreads to shampoo, palm oil is part of everyday life Work Nissan shares fall 4% on report Renault exploring stake sale Nissan shares fall 4% on report Renault exploring stake sale Work Twitter, under shareholder pressure, begins deal talks with Musk -sources Twitter, under shareholder pressure, begins deal talks with Musk -sources Work Euro inches up after Macron's victory, gains against bruised sterling Euro inches up after Macron's victory, gains against bruised sterling Work What is impermanent loss and how to avoid it? What is impermanent loss and how to avoid it? Work In a First for the Air Force, a General Is Convicted of Sex Abuse After court-martial, Maj. Gen. William T. Cooley faces up to seven years in prison and dismissal from the Air Force. Work Wildfires Burn More Than 100,000 Acres in Three States Wildfires in Arizona, Nebraska and New Mexico have left at least one person dead and destroyed hundreds of structures. Work Value Stocks Will Trounce Growth, Say 74% of Voters: MLIV Pulse (Bloomberg) -- Value investing is winning again, after famously lagging since the global financial crisis, as rising bond yields stifle technology stocks anew -- while the lost decade for emerging markets is far from over.Most Read from BloombergUkraine Latest: Zelenskiy Says Top U.S. Officials to Visit KyivUkraine Latest: Blinken and Austin Meet Zelenskiy in KyivDisneys $578 Million Tax Break Left Untouched in DeSantis FeudMacron Beats Le Pen to Win Second Term as French PresidentUkraine Lates Work Meet Guo Pei, the world's most fantastical fashion designer Raised in the Cultural Revolution and inspired by tales of past dynasties, the visionary couturier is now the subject of a US exhibition. Cath Pound speaks to China's queen of couture. Work Airlines should be fined for refund delays, MPs say Passengers hit by international travel disruption should be better protected, a report concludes. Work Jim Hartz, NBC Newsman and Former 'Today' Co-Host, Dies at 82 His role as Barbara Walterss on-air partner lasted only two years, but viewers knew him for three decades as a correspondent, anchor and TV host. Work What doomed CNN+? How rival strategies and executive intrigue fueled the streaming service's rapid demise CNN executives wanted CNN+ to compete with The New York Times. But an unusual series of events doomed the streaming service. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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