Whether you love business news or feel like you’re supposed to know it but hate it, Business Pants is business news for humans. Snarky and irreverent, deeply researched and factual, a podcast devoted to market quirks and the humans that make up companies. Investing isn’t a what, it’s a who.
DR1 THINGS WE MISSED NERDY ESG STUFF L3Harris ousts CEO after investigation into conduct CARES L3Harris Technologies, the company that overhauled a Qatari plane now used as Air Force One, has replaced Christopher Kubasik as chairman and chief executive after an investigation determined he violated the defense contractor’s code of conduct. Kubasik’s alleged conduct didn’t involve and has no impact…
Story of the Week (DR): Uber’s Strategy for Fighting Sexual Assault Suits: ‘ What Were You Wearing? ’ An aggressive defense strategy is being used in response to an avalanche of litigation, with over 4,000 lawsuits filed by passengers accusing Uber of failing to protect them from sexual assault While Uber publicly champions itself as a "survivor-centric" ally and trains support staff against…
DR Matternet Appoints Starbucks EVP Sanjay Shah to Board of Directors Developer of commercial drone delivery systems for urban and suburban environments CEO/founder Andreas Raptopoulos: M.A. in Industrial Design Engineering; Diploma of Imperial College in Industrial Design Engineering; Diploma in Mechanical Engineering Chris Dawson: M.B.A. from INSEAD. Sanjay Kotte: B.B.A. in finance and…
Story of the Week (DR): Cracker Barrel CEO is out after MAGA backlash to "Uncle Herschel" logo change MM Before Julie Masino was brought in, Cracker Barrel was facing a slow-moving existential crisis: Their primary core customer base (older generations and rural highway travelers) was naturally shrinking, and younger diners were simply not replacing them. Kitchen tech, supply chains, and digital…
DR1 CEO Overlords In our 'Zuck saves kids from Mommies' headline of the week. Meta Working on Crushingly Sad AI App That Tells Bedtime Stories to Children, for “Tired” Parents *************** In our 'CEO overlords say the trick to getting a good career is figuring out how to please us' headline of the week. As millions of Gen Zers face unemployment, CEOs of Amazon, Citi, and McDonald’s say…
Story of the Week (DR): Trump’s Explosive Diarrhea Scandal Is Getting Worse and Worse Epidemiological data linked a widespread Cyclospora parasite outbreak—sickening over 1,600 people across multiple states—to shredded iceberg lettuce supplied by Taylor Farms de Mexico, triggering a voluntary 27-state recall. The FDA briefly reported a positive lab test on a Taylor Farms sample before retracting…
DR Warner Bros.’ Zaslav Offers $68 Million to Buy Summer Camp new January 2026 employment agreement $96M: Make-Whole RSU award to CEO Daivd Zaslav of 1,963,465 shares; after January 2 Follow-On Option award of 3,052,734 options because share price is down Under a new employment agreement executed on June 12, 2025, Zaslav received a special award of 20,898,776 stock options with an exercise price…
Story of the Week (DR): ‘ We faltered ’: IBM stock collapses after a grave warning about AI Customers are Prioritizing AI Hardware: While IBM mostly sells software nowadays, businesses are currently cutting back on their software budgets. Instead, they are rushing to spend their money on physical computer parts (like chips and servers) needed to build new Artificial Intelligence systems. Board…
Fun Headlines Tesla Stock Is Waiting For Godot Jim Cramer on Meta: “ Zuckerberg’s Not a Bozo , You Can Quote Me on That” Zuck Sucking Meta Employees Burned $221M in AI Tokens in One Month: Now Big Tech Starts Counting Every AI Prompt Mark Zuckerberg said AI agent tech is advancing more slowly than expected in an internal town hall Fighting Back Against Big Data Middle School Bro Bullies Japan…
Story of the Week (DR): Social Media's 'Big Tobacco Moment': Meta Faces $1.4 Trillion Fine for Allegedly Fueling Teen Suicide and Addiction Meta is being sued by 33 US states, led by California, Colorado, Kentucky, and New Jersey. 12 blue/12 red/9 purple The states allege that Meta deliberately designed Facebook and Instagram to be addictive to children and teens, fueling a youth mental health…