Happy Friday! Google’s return of his promise not to use him for weapons or supervision led some employees to run on their meme generators. “Are we bad?“
In today’s great history, it is the last day for federal workers to decide If they want to accept President Donald Trump’s purchase offers.
What’s on the deck
Markets: Citi does not indicate signs of Joining the RTO Trend to Wall Street.
Technical: Silley’s Silicon Valley’s Buzzy’s favorite term is “high agency“
Business: Some burnt doctors are dipping the operating room For the board of the board.
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The great story
Day -day
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It is a critical day for one of the most ambitious and unprecedented ways that President Donald Trump is shaking the federal workforce.
Today it marks the deadline for millions of government workers to accept the offering of the new administration.
Ayelet Sheffey and Juliana Kaplan i BI About how purchases will actually work.
The boss among their concerns is the impact that offers will have on retirement plans, how it will be affected by a possible government closure and why they cannot take more time to decide.
Trump’s purchase offer is not fully unheard of. In fact, it looks quite similar to Making X22 of Elon Musk Ex. The main difference is that the public sector is known for its work stability, which may be why the offer is causing so many drama among its workers.
The other elephant in the room is what will happen if not enough workers resign. The government is targeting 5-10% of more than two million of its workers to get the deal.
Since Tuesday, more than 20,000 workers had received purchases, but the staff management office told BI it a big blow was expected in the final run until the deadline.
Elon Musk. Anna Moneymaker/Getty Images
The Government Efficiency Department is standing busy.
The US Agency for International Development is Trump and Musk the last target of cost reduction. The agency staff was informed earlier this week that all staff, except for some essential workers, would be decided on Friday.
Noah Sheidlower of BI has a division of how the Foreign Aid Agency, which distributed nearly $ 32.5 billion last year, spends her money.
Speaking of money, the group that controls government payments – Treasury Department – It is also in the musk chairs. President Trump gave Musk’s use in the government’s payment system, which caused quite a stir.
The White House has preserved Doge is limited to “Reading only Access” and its work on the Treasury plays in the general mission of government to reduce government waste. But this has not alleviated concerns about the potential impact on a system that manages trillions on payments, including social security and tax refunds.
It is the last example of the extraordinary power that the richest man in the world seems to hold within the American government. House leader Mike Johnson does not worry, however. He defended the role of Doge and said there is one “Excessive media supervision“On the way Musk is trying to trim the expenses.
News
The main titles
Arnd Wiegmann/Reuters
1. Parantir’s stock is on a hot belt but Wall Street is not biting. Parantir shares increased 28% after reporting a strong beating of Q4 profits, setting it nearly 35% this year. Even so, Few analysts are bullish in it. They are concerned about the high rating of Palantir and skeptic can grow enough to maintain its current stock price.
2. Working for Citi does not mean going to the city. Wall Street Titans are leading the charge with RTO mandates – In addition to Citigroup. In a three -month call with leaders last month, CEO Jane Fraser emphasized hybrid work and mentioned that he could give the bank a competitive advantage when it comes to recruitment. Regardless, the company is still extinguishing $ 1.2 billion for its new London office.
3. Advisor after expanding the alternative wealth of Blackrock. Bob Steel, vice president of the Boutique Perella Weinberg Bank, has a career achievement laundry list: Bank General Director twice, Goldman’s partner and US Treasurer. Recently, Steel gave Larry Fink long friend some tips on Blackrock explosion in alternative investments. In a conversation with BISteel explained his process with FINK and shared some wisdom for future bankers.
3 things in technology
Ezra Bailey/Getty, Moussa81/Getty, Tyler Le/Bi
1. Broke: “discriminatory”. Woke up: “High Agency”. Silicon Valley has a new word to describe the successful, smart and self-motivated. Is called “High Agency”, and is Everyone’s new favorite label.
2. There is no more “RIP TEMU and Shein”. Both retail sellers disrupted the e -commerce industry by avoiding paying duties for deliveries through a customs law provision called Section 321, also known as de minimis. Many thought that Trump’s latest executive order closed that gap would be a death knee for companies. Temu and Shein will suffer a blow – but it may not be be as bad as they originally thought. And if you have recently placed an order, Should be fine.
3. The Revolution of the Low Cost of Deepseek is not here … yet. When she exploded on stage with her cheapest models to build and cheaper “Deepseek was expected by some to revolutionize the entire starting system of it. This has not happened yet. Cloud providers have problems to provide customers access to Deepseek at fast and reliable speed, slowing the big key to the low cost that the beginnings had hoped for.
3 things in business
Good Brigade/Getty, Yuichiro Chino/Getty, Blackjack3d/Getty, Ava Horton/BI
1. Doctors facing combustion can throw stethoscope. Technology companies are seeking to strengthen their reliability, especially with health innovation, and doctors are getting inside. The main medical officials make $ 275,000 a year on average in the JBA – and do not have the crazy hours that doctors are normally taken. Some say these corporate roles let them have a greater impact on a different “broken” health system, even in the middle of a the absence of the doctor.
2. Disney game plan, with Iger’s words. The company’s sporting movements have been a roller trip full of names with similar sounds-Vent and Fubo and Hulu, Oh Moj! The abundance of options makes it difficult for consumers to understand Disney’s sports strategy, a point that an analyst raised in calling the company’s profits. CEO BOB IGER clarified the goal is to make ESPN “as accessible as possible” and gave a little more penetration in response.
3. Author “Moneyball” Michael Lewis thinks the sports betting boom can become a mess. In 2018, gambling and media companies approached sports betting carefully. Today, gambling applications have met with little resistance, and college men are entering action. Peter Kafka spoke to Lewis about how sports betting went to the main stream – and What could be the consequences.
In other news
What is going on today
Insider Today: Dan Defrancesco, Deputy Editor and Anchor, in New York. Grace Lett, editor, at Agoikago. Ella Hopkins, Associate Editor, in London. Hallam Bullock, senior editor, in London. Amanda Yen, Associate Editor, in New York. Elizabeth Casolo, friend, in Agoikago.