ABCNEWS - 2 World Trade Center breaks ground 25 years after 9/11
Twenty-five years after the terror attacks of Sept. 11, 2001, left a gaping void in Lower Manhattan, American Express broke ground Thursday on its new headquarters.
THENATIONALPULSE (Pulse Wires) - Gavin Newsom Fined for Ethics Violation Over LA Wildfire Funds.
California Governor Gavin Newsom has agreed to pay a $31,500 ethics fine for late reporting of millions in donations, even as he is under federal investigation for unrelated matters.
California Governor Gavin Newsom has agreed to pay a $31,500 ethics fine for late reporting of millions in donations, even as he is under federal investigation for unrelated matters. PULSE POINTS WHAT HAPPENED: Governor Gavin Newsom (D) has agreed to pay a $31,500 fine after California’s Fair Political Practices Commission (FPPC) found he failed to timely disclose over $5.5 million in behested payments tied to wildfire relief efforts. The violations involved 36 late reports, with some payments being disclosed more than six months after the legal deadline. DETAIL: The late filings covered donations from major corporations and foundations, including $1 million from the Chuck Lorre Foundation and $500,000 each from BlackRock, Uber Eats,…Open
NYTIMES (Julia Moskin) - Noma Loses American Express and Blackbird Sponsors For Los Angeles Dinners
American Express and Blackbird have pulled out of a series of pop-up dinners in Los Angeles after The Times reported allegations that René Redzepi attacked workers.
AXIOS (Eleanor Hawkins) - AI "hot takes" are becoming a market risk
Companies across sectors are confronting an increasingly unavoidable narrative: AI can replicate your business. Why it matters: Narrative volatility is a new risk category that communications teams must prepare for in the age of AI . - All it takes is one widely read doomsday essay, research paper or X thread to knock billions off a company's market cap. Case in point: A viral 7,000-word memo that warned of a hypothetical AI future — in which companies rush to replace human workers with AI tools that themselves are rapidly commoditized — sent markets tumbling. - Meanwhile, essays from AI founders and researchers are shaping investor psychology, and product rollouts from AI giants like Anthropic are being treated as existential…