Pete Buttigieg brings star energy to the transportation division



Good morning all!

Welcome to this weekly roundup of articles from Insider’s Enterprise co-editor Matt Turner. Subscribe right here to get this text delivered to your inbox each Sunday.

What we’re going via right this moment:

pete buttigieg

Pete Buttigieg drinks a root beer float whereas chatting with reporters as he walks via the Iowa State Truthful, August 13, 2019.

Somodevilla chip / Getty Photos


Hiya!

This week has been busier than ever, and we have now a ton of Insider dives to share with you right this moment. However earlier than we get to that, check out what is going on on this morning:

Now let’s go.


From Adam Wren and Robin Bravender:

The bottom’s Transportation Division employees noticed their telephones begin to explode the day President-elect Joe Biden introduced that Pete Buttigieg was his option to run their company.

A DOT workers member recalled being bombarded that Tuesday in December with textual content messages, emails and Fb posts from associates who knew little about his precise work however had been delighted to be taught that Buttigieg could be his boss.

It is not unusual for political stars and former White Home candidates to land in a presidential cupboard, however they sometimes do not name their new house the Division of Transportation, an enormous federal company created underneath the Lyndon administration. B. Johnson and whose portfolio consists of pipeline security. , air visitors management and highway upkeep.

Learn the complete story right here:

Additionally learn:


Black women CEOs


Zoox; UnitedHealth; Haythem Lafhaj; JPMorgan Chase; Skye Gould / Insider


From Jennifer Eum, Keishel Williams, Sawyer Click on and Taylor Tyson:

Throughout company America, the battle to place girls – particularly black girls – on the helm of massive enterprise continues. Ladies like Thasunda Brown Duckett, who has simply been appointed CEO of TIAA Pension and Funding Administration, are main the best way. She’s going to solely turn into the fourth black feminine CEO of a Fortune 500 firm.

Duckett is one in all 67 girls featured on this assortment of solutions from influential black enterprise girls in America.

Insider requested these executives, large corporations like Google, Salesforce, and Amazon, to mirror on their rise to the highest, the battle to be a black girl in white American companies, and the perfect profession recommendation they’ve acquired. . Their responses are uncooked and poignant, emotional and provoking.

Learn the complete story right here:

Additionally learn:


Wolverine

Wolverine

Marvel Comics; Matt Weinberger / Enterprise Insider


From Hugh Langley:

Alphabet’s moonstroke division X is quietly engaged on a top-secret augmented actuality gadget that might give individuals enhanced listening to abilities, Insider has discovered.

The mission, which is internally known as “Wolverine,” is a nod to the comedian ebook mutant’s eager sense of listening to, stated 4 former staff conversant in the small print, who’ve requested to stay nameless as they weren’t allowed to talk to the press.

The workforce began engaged on the mission in earnest in 2018, the sources stated, and through that point they went via a number of prototypes and received the favor of executives like Google co-founder Sergey Brin.

Learn the complete story right here:

Additionally learn:


trevor milton nikola 2x1 profile


Nikola; Massimo Pinca / Reuters; Samantha Lee / Insider


From Mark Matousek:

Trevor Milton’s star rose as Nikola raised $ 1 billion in funding and assembled a listing of blue chip companions and purchasers. In 2020, Milton, the serial entrepreneur who began 4 corporations earlier than Nikola and offered two, was being in comparison with Tesla CEO Elon Musk.

However final June, Bloomberg was the primary to report that the One prototype Milton unveiled in 2016 could not drive by itself. Three months later, Hindenburg Analysis, a monetary analysis agency that challenges corporations it says have behaved badly, stated Milton had a protracted historical past of distorting the reality.

Milton denied the allegations, however they overtook him till, simply over every week later, he give up the corporate that made him a billionaire, earlier than delivering a single truck.

Learn the complete story right here:

Additionally learn:


Lastly, remember to Uncover Morning Brew – the AM e-newsletter which makes studying the information actually satisfying.

Listed here are a couple of titles you will have missed over the previous week.

– Matt


Demoralized junior bankers take into account quitting funding banking altogether as they battle burnout after grueling 12 months of working from house

In Apple’s formidable subsequent decade, the place it may redefine mainstream tech with a VR headset, a foldable iPhone, and even an Apple automotive

What Hedge Funds Actually Assume About PSPC: How A Cash Printing Frenzy May Finish In Tears For Whoever Holds The Bag

GOLDMAN SACHS: Purchase these 30 shares that ought to proceed to rise as financial acceleration and inflation proceed to push rates of interest up

The Wall Road Journal revamps its digital technique to extend visitors – and it is creating tensions amongst some journalists

Meet the 15 Most Highly effective Executives Underneath Amazon Retail CEO Dave Clark – And The 4 Who Had been Fired As CEO

Trade insiders say DraftKings has merger and acquisition discussions with a wide range of potential targets. Listed here are the businesses that may very well be on his purchasing checklist and why.



Supply hyperlink

Previous 9 Advantages of IoT within the Logistics and Transportation Business
Next BWI ranked among the many greatest airports within the nation | Transport