Avert your eyes! My Sunday morning have a look at incompetency, corruption and coverage failures:
• Let There Be Luce: The Electrical Ferrari Is Lastly Right here: Wired’s first have a look at the Ferrari Luce — the EV the marque saved delaying. Efficiency numbers, sound design, and the open query of whether or not Ferrari resale survives a powertrain swap. (Wired)
• “Severely the very best boss ever”: contained in the world of Jeffrey Epstein’s assistant: A Guardian long-read on Lesley Groff, the assistant who scheduled Epstein’s life for 20 years. The “I had no concept” protection rendered, intimately, utterly inconceivable. Nobody’s identify seems within the Epstein recordsdata greater than that of Lesley Groff, his assistant. Studying via the 1000’s of emails, a troubling query arises: what did she know? (The Guardian)
• Tomatoes grow to be newest image of America’s affordability squeeze: Tomatoes, ubiquitous in all the pieces from fast-food burgers to haute delicacies, are taking over a brand new position past the plate: A nagging reminder of rising prices. Costs for these pink orbs have soared greater than another meals product over the previous yr to cement a spot as one of many shopper complications du jour. AP on how Mexico tariffs landed straight on the grocery store tomato bin. The primary-order story everybody mentioned wouldn’t occur, occurring on schedule. (Related Press)
• Stablecoins Are Non-public Cash. That’s Why They’re a Danger to the Financial system. Monetary improvements usually result in upheaval and instability. Regardless of new rules, these dangers stick with stablecoins. Monetary improvements usually result in upheaval and instability. Regardless of new rules, these dangers stick with stablecoins. (Wall Avenue Journal)
• When “survival of the fittest” justified monopolies and the sluggish loss of life of democracy: Large Suppose excerpts a brand new e-book on how Gilded Age robber barons used Spencerian Darwinism to justify their consolidation — and the way the current rhymes greater than it ought to. (Large Suppose)
• The Excessive-Seas Black Market That Retains Iran’s Illicit Oil Flowing: WSJ on the shadow tanker fleet — flag-of-convenience swaps, AIS spoofing, ship-to-ship transfers — that retains Iranian crude transferring regardless of sanctions. The sanctions-versus-physics scoreboard. Regardless of U.S. sanctions, the regime has managed to promote billions of {dollars} in crude to China utilizing a clandestine community of growing old tankers. Our reporters paid a go to. (Wall Avenue Journal)
• The Improper Stalker: He was an addict. She was his counselor. Who was preying on whom?: A SF Chronicle investigative mission that resists each simple body. The form of long-form local-paper journalism folks maintain saying is useless whereas a couple of retailers quietly maintain doing it. (San Francisco Chronicle)
• That is what occurs while you defund Ebola prevention: Shortly after brandishing his notorious chainsaw on a conservative convention stage final February, Elon Musk attended a Cupboard assembly the place, guffawing slyly, he admitted to having “by accident canceled” Ebola prevention in his haste to obliterate the US Company for Worldwide Improvement (USAID). “We restored the Ebola prevention instantly,” he added coolly on the time, “and there was no interruption.” That declare has since confirmed to be disastrously, profoundly unfaithful. (Yahoo Information)
• MAGA Hogs on the Authorities Trough: The American Prospect cataloging the federal contracts now flowing to MAGA-aligned companies. The grift isn’t hidden anymore; it’s the line-item. (The American Prospect) see additionally The yr Trump broke the federal authorities: An extended, interactive Submit piece on what DOGE-era cuts have completed to federal capability. The invoice comes due step by step, then unexpectedly. (Washington Submit)
• Oily Sludge Is Flooding Their Dream House. Oklahoma Regulators Say They Can’t Assist: ProPublica on a household whose Oklahoma property is being slowly destroyed by neighboring oil-and-gas waste — and the state company that exists to handle precisely this declining to behave. Regulatory seize in a single particular human story. The Merediths have been compelled to desert their home after it crammed with black goo, reaching gasoline concentrations at explosive ranges. Regardless of proof of oil and gasoline air pollution, the state “wished to behave like it might go away,” the household says. (ProPublica)
Video of the day: The 911 Is the New Rolex: Porsche’s Harmful Shortage Play
Be sure you take a look at our particular Masters in Enterprise this week, Remembering Jonathan Clements with Invoice Bernstein and Jason Zweig. The 2 recall Clements’ affect on the investor neighborhood; they talk about his posthumous e-book, “Cash and Me.”
The 2026 Races That May Decide Senate Management
Supply: Wall Avenue Journal
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