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Business Pants

Business Pants

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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.

2024, Free Float Media Inc. Economie Finances privées Politique et gouvernement
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    Épisodes
    • CEOs on ICE, the SEC kills small investors, the manchild economy, and AI navel gazers

      CEOs on ICE, the SEC kills small investors, the manchild economy, and AI navel gazers
      Jan 30 2026
      Story of the Week (DR):Trump's ICE tactics force CEOs to choose between staying silent and risking White House backlash MMCEOs of Target and Minnesota’s Biggest Companies Call for ‘De-Escalation’ After ShootingMinnesota workers pressure employers to take action against ICE operationsCEOs, long silent on Trump’s immigration crackdown, seem to hit their breaking point over killing of Alex Pretti in MinnesotaTarget's incoming CEO tells staff violence in Minneapolis is 'incredibly painful' – without naming Trump or ICEJan 28: Target Unveils Largest Spring Beauty Assortment Ever — Making Trend-Driven, Expert-Backed Beauty More AccessibleTech's top CEOs mum after ICE killings, while leaders like Reid Hoffman, Yann LeCun speak outICE is going too far': Sam Altman, Jamie Dimon, and more CEOs on the unrest in MinnesotaReid Hoffman says business leaders are wrong to stay silent about the Trump administrationApple's Cook says he's 'heartbroken' by Minneapolis events and has spoken with TrumpCompanies reap $22bn from Trump’s immigration crackdownMeta blocks links to ICE List across Facebook, Instagram, and ThreadsAs Big Tech CEOs speak up about violence in Minneapolis, 1 in 3 corporate leaders think ICE tensions are ‘not relevant to their business’How ICE Already Knows Who Minneapolis Protesters AreAgents use facial recognition, social media monitoring and other tech tools not only to identify undocumented immigrants but also to track protesters, current and former officials said.Freefloatanalytics data blast:Palantir Technologies: Continues to be a primary partner. In 2025, they were awarded a $30 million contract to build "ImmigrationOS," a platform designed to provide "near real-time visibility" on individuals for the purpose of streamlining apprehensions and tracking self-deportations. Gender Influence Gap -26%RELX: LexisNexis Risk Solutions: Provides ICE with investigative databases used to track, vet, and target individuals. Their current contract is valued at over $22 million. Gender Influence Gap -24%Thomson Reuters: Supplies ICE with access to massive databases, including over 20 billion license plate scans. This data allows agents to track vehicle movement history and identify where individuals may be living or working. Gender Influence Gap -28%Clearview AI: Recently signed a $3.75 million contract (September 2025) to provide facial recognition technology. While officially limited to certain types of investigations, procurement records suggest its use is expanding. Gender Influence Infinity% (no women on advisory board; Hal Lambert and Richard Schwartz as co-CEOs)King “Bumps”JPMorgan’s Dimon sees 10.3% pay bump to $43MDisney CEO Bob Iger’s Pay Increased 11.5% to $45.8 Million in 2025Goldman Sachs hikes CEO David Solomon's pay 21% to record $47 millionWells Fargo CEO Charlie Scharf Gets 28% Pay Boost to $40 MillionWhy Starbucks is letting Brian Niccol use the company plane for more personal travel“Following a security review of risks, the Starbucks board of directors made the decision to enhance security measures for Brian,” a company spokesperson said. “This included a decision by the board to require Brian to use private aircraft for all travel.”$96M in 2024; $31M in 2024, including temporary housing expenses in the amount of $371,536; and security expenses in the amount of $1,142,700; and $997,392 in expenses related to his use of Starbucks aircraft for commuting and personal usemedian employee: $17,279. CEO Pay ratio 1,794 to 1 (January 1st: 10:10am)Temporary housing expense ratio: 22:1The docu-bribe: At ‘Melania’ Premiere, the President Sees ‘Glamour’ and Others See GraftAmazon paid Melania Trump’s production company $40 million for the movie and then paid another $35 million to promote it.Guests included:Jordan Belfort: The real-life "Wolf of Wall Street."Director Brett Ratner, accused of rape, sexual assault, sexual harrassment, and homophobic abuse by at least 9 women:Melania Trump documentary marks a post-#MeToo comeback for its directorBrett Ratner was all but exiled from Hollywood after facing sexual misconduct allegations. Trump’s win gave him an opening to return.Tim Cook (Apple)Andy Jassy (Amazon)Lisa Su (AMD)Eric Yuan (Zoom)Lynn Martin (President of the NYSE)Larry Culp (GE)Sam Altman (OpenAISatya Nadella (Microsoft)Sundar Pichai (Google)Safra Catz (Oracle):David Brown (Victory Capital)David Ellison (Skydance/Paramount)Marc Benioff (Salesforce)Goodliest of the Week (MM/DR):DR: Diversity on Fortune 50 boards: white men haven’t been a majority for 3 years in a rowWhereas about a decade ago, white men held two-thirds of the seats on the top 50 Fortune boards, in 2023, for the first time, they held fewer than 50%. In 2024, that number dropped to 48.4%, but this year it climbed back to 49.7%.Since white men make up about 31% of the U.S. population, they still have been very much overrepresented in all three years.DR: National Shutdown: General ...
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      1 h et 3 min
    • The feckless Minnesota CEO response: George Floyd vs. Alex Pretti

      The feckless Minnesota CEO response: George Floyd vs. Alex Pretti
      Jan 28 2026
      At the beginning of December 2026: ICE announced an enforcement surge in the Twin Cities.January 6, 2026: DHS announced what it called the largest immigration enforcement operation ever carried out, sending 2,000 agents to the Minneapolis–Saint Paul metropolitan area. January 7, 2026: ICE agent Jonathan Ross fatally shoots Renée Nicole GoodJanuary 8–14, 2026: Protests, vigils, and marches continue in Minneapolis against ICE and Operation Metro SurgeJanuary 13, 2026: ‘Madness’: two US citizens violently detained by ICE in Minnesota, officials say. Two Target employees forced to the ground, then into SUV, then dumped in different parking lotJanuary 14, 2026: A different ICE agent shoots and injures a man in north Minneapolis; the man survives after being shot in the leg. This second shooting further intensifies public anger and calls for an end to the federal surgeJanuary 17, 2026: National Anger Spills Into Target Stores, AgainJanuary 22, 2026: Target Store Staff Are Skipping Work Over ICE's Crackdown in MinnesotaJanuary 23, 2026: A statewide Day of Truth & Freedom / Minnesota general strike is held, described as the first U.S. general strike in about 80 years, explicitly targeting ICE operations and Operation Metro Surge. On that day, many workers, businesses, schools, and institutions in Minneapolis and across Minnesota participate in work stoppages, marches, and large rallies against federal immigration enforcement.January 24, 2026: Federal Border Patrol agents assigned to the metro surge shoot and kill Alex Jeffrey PrettiJanuary 25, 2026: The Minnesota Chamber of Commerce released this letter on behalf of more than 60 CEOs of Minnesota-based companies today.Eight people have died in dealings with ICE so far in 2026. Keith Porter, Parady La, Heber Sanchaz Domínguez, Victor Manuel Diaz, Luis Beltran Yanez-Cruz, Luis Gustavo Nunez Caceres, and Geraldo Lunas Campos. The high-profile fatal shootings follow the deaths of at least 32 people in ICE custody in 2025 – the highest number since 2004.Minnesota CEOs Seek De-Escalation After Border Police Shooting“The business community in Minnesota prides itself in providing leadership and solving problems to ensure a strong and vibrant state. The recent challenges facing our state have created widespread disruption and tragic loss of life. For the past several weeks, representatives of Minnesota’s business community have been working every day behind the scenes with federal, state and local officials to advance real solutions. These efforts have included close communication with the Governor, the White House, the Vice President and local mayors. There are ways for us to come together to foster progress. With yesterday’s tragic news, we are calling for an immediate deescalation of tensions and for state, local and federal officials to work together to find real solutions. We have been working for generations to build a strong and vibrant state here in Minnesota and will do so in the months and years ahead with equal and even greater commitment. In this difficult moment for our community, we call for peace and focused cooperation among local, state and federal leaders to achieve a swift and durable solution that enables families, businesses, our employees, and communities across Minnesota to resume our work to build a bright and prosperous future. “3M – William Brown, Chairman and CEOAmeriprise Financial – James Cracchiolo, Chairman and CEOAPi Group – Russell Becker, CEOBest Buy – Corie Barry, CEO C.H. Robinson – Dave Bozeman, President and CEODeluxe Corporation – Barry McCarthy, President and CEODonaldson Company, Inc. – Tod Carpenter, Chairman and CEOEcolab – Christophe Beck, Chairman and CEOGeneral Mills – Jeff Harmening, Chairman and CEOH.B. Fuller – On behalf of our entire organization [CEO Celeste Mastin]Hormel – Jeff Ettinger, Interim CEOMedtronic – Geoff Martha, CEO and ChairmannVent – Beth Wozniak, Chair and CEO Patterson Companies – Robert Rajalingam, CEOPentair – John L. Stauch, President and CEOPiper Sandler – Chad Abraham, Chairman and CEOSleep Number – Linda Findley, CEO (4/2025)Solventum – Bryan Hanson, CEOSPS Commerce – Chad Collins, CEO SunOpta – Brian Kocher, CEOTarget – Michael Fiddelke, Incoming CEO Tennant Company – Dave Huml, CEOThe Toro Company – Rick Olson, Chairman and CEOU.S. Bancorp – Gunjan Kedia, CEOWinnebago Industries – Michael Happe, CEOXcel Energy – Bob Frenzel, Chairman and CEO Keith Rabois, Managing director of Khosla Ventures: “no law enforcement has shot an innocent person. illegals are committing violent crimes everyday.”Khosla Ventures: “We prefer brutal honesty to hypocritical politeness.”“Technology and innovation have reshaped our world and disrupted the way we all live and work. The future may not be knowable, but it is inventable—and it belongs to those who dare to imagine what’s possible.”Managing Directors: 5 dudes (...
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      1 h
    • Jamie Dimon is non-binary, Chip Wilson hates Chip Wilson at LULU, anti-woke winning the proxy

      Jamie Dimon is non-binary, Chip Wilson hates Chip Wilson at LULU, anti-woke winning the proxy
      Jan 23 2026
      Story of the Week (DR):CEOs are finding their blowhard whistles?Jamie Dimon is done being ‘binary’: On Trump’s ‘economic disaster’ credit card plan, foreign policy, and NATOJamie Dimon issues rare CEO criticism of Trump's immigration policy: 'I don’t like what I’m seeing'JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'Jamie Dimon issues rare CEO criticism of Trump's immigration policy: 'I don’t like what I’mOf course… Trump sues ‘woke’ JP Morgan for $5bn over debanking Nestlé chief blames Trump for company going quiet on sustainabilityAmazon CEO Jassy says Trump's tariffs have started to 'creep' into prices Ryanair CEO rips Trump as a 'liar' who is 'historically wrong'Of course… Minneapolis ICE Standoff Has Become the Political Issue CEOs Can’t IgnoreEmployees in Minnesota are afraid to show up to workTarget in Your Town: How We’re Showing Up in Communities from Coast to CoastLast "statement:" Target Statement on Texas Floods (July 8, 2025)And two new dudes on the board:John Hoke, former Chief Innovation Officer at NIKESteve Bratspies, former CEO of HanesBrandsSome stakeholder wins?Trump administration drops appeal over anti-DEI funding threat to schools and colleges Trump administration concedes DOGE team may have misused Social Security dataJamie Dimon tells Davos: ‘You didn’t do a particularly good job making the world a better place’Jamie Dimon says government should have power to intervene in AI-driven mass layoffsRollout of AI may need to be slowed to ‘save society’, says JP Morgan bossSalesforce's Benioff calls for AI regulation, says models have become 'suicide coaches'BlackRock’s billionaire CEO warns AI could be capitalism’s next big failure after 30 years of unsustainable inequality after the Cold WarBlackRock CEO says capitalism isn't spreading the wealth – and AI might not eitherBrett Kavanaugh says letting Trump fire Lisa Cook ‘would weaken, if not shatter, the independence of the Federal Reserve’A majority of millionaires say extreme wealth is a threat to democracyAmazon Joins Microsoft In Pledge To Self-Fund Power Grids, While CEO Andy Jassy Questions OpenAI's 'Ambitious' SpendingThe board matters??Lululemon founder Chip Wilson blames board for 'total operational failure' in Get Low launch [more later]Early 2026 season proxy indicators MMApple: 1 SHPNational Center for Public Policy Research: China Entanglement AuditExcluded: National Legal and Policy Center: Financial Impact of Renewable Energy ImplementationDisney: 4 SHPsBowyer Research: How the Employee Gift-Matching Program May Impact Risks Related to Religious Discrimination Against EmployeesNational Center for Public Policy Research: Return on Investment from Climate CommitmentsNational Legal and Policy Center: Cumulative Voting for Board ElectionsErik G. Paul: Accessibility and Disability Inclusion PracticesQualcomm: 2 SHPsJohn Chevedden: Shareholder Ability to Call for a Special Shareholder MeetingBowyer Research: Risk of China ExposureGoodliest of the Week (MM/DR):DR: America could ‘lose the AI race’ because of too much ‘pessimism,’ White House AI czar David Sacks saysMM: Elon Musk Says 'They Will Eventually Apply the Wealth Tax to Everyone' —Just Like How Income Tax Started As A 'Temporary' Tax For Top 1%This is a great ideaMM: AOC and Paris Hilton team up on a bill targeting AI deepfake pornWhat a teamAssholiest of the Week (MM):Governance asshole: Chip Wilson DRLululemon's founder is blasting the company for selling sheer leggings, calling it a 'new low'Lululemon founder Chip Wilson blames board for 'total operational failure' in Get Low launch“In 2013, Lululemon recalled 17% of all its pants for being too sheer. At that point, the company blamed the manufacturing error on an incomplete testing protocol”Wilson owned 29.22% of the stock at the timeSAME BOARD MEMBERS THAT CHIP WILSON PICKED:Martha Morfitt (2008)David Mussafer (2014)Michael Casey (2007)Emily White (2011)40% of the board IS CHIP WILSON’S HAND PICKED PEOPLELast week: Lululemon founder Chip Wilson launches proxy fight for board shakeupWilson has nominated three independent director candidates to be elected at the 2026 annual meeting and submitted a proposal to "declassify" the board so that all members must stand for election annuallyHE CLASSIFIED THE BOARD - sucks to be on the outside looking inCapitalist assholes: DavosBlackRock CEO says capitalism isn't spreading the wealth and AI might not eitherBlackRock’s $40 billion deal highlights the unstoppable AI data center gold rush, as CEO Larry Fink pushes back on AI bubble fearsJamie Dimon tells Davos: ‘You didn’t do a particularly good job making the world a better place’As he attends every year without irony - and this: How Wall Street Turned Its Back on Climate ChangeBillionaire Marc Benioff challenges the AI sector: ‘What’s more important to us, growth or our kids?’...
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      58 min
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