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For most of Greg Brown's nearly two decades as @MotoSolutions CEO, an activist investor or private-equity firm had a seat in the boardroom. Most CEOs would describe that as pressure. Brown describes it as one of the things that made him better at the job. "You’re more accountable. You learn, you’re prepared," he says. It also pushed him from thinking “like a manager” to thinking “like an owner.” In the latest episode of The CEO Signal, Brown talks with @PennyPritzker and @Edgecliffe about leading Motorola from a company best known for mobile phones into one focused on public safety, security and defense technology. And he explains the question he uses to test some of his biggest decisions:Will the company feel "relief or regret" if it takes a different course? Watch the full conversation: piped.video/watch?v=ngYaH1RY…
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A global boom in biofuels intended to ease expensive gasoline and diesel imports caused by the Middle East war could require an additional area the size of Germany to be converted for fuel production. semafor.com/article/09/25/20…
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"We actually have just started to test the waters with just a few select brands to use our agency, Death Machine, to do outside client work." @LiquidDeath CEO @Cessario tells @semaforben and @lizrhoffman about his plans to run marketing campaigns for other companies.
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We should probably talk less about data centers, argues @timmcdonnell. Read his full view: semafor.com/article/09/25/20…
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@timmcdonnell writes: That might sound like blasphemy, and also hypocritical, given how often I do exactly that. To be clear, the challenges have barely begun: What we’re seeing being built today is only a small fraction of the data center capacity in the pipeline. Read more: semafor.com/article/09/25/20…
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Namibia’s president has a message for foreign investors eyeing the country’s critical minerals: build processing plants at home, or look elsewhere. semafor.com/article/09/25/20…
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“When you are coming to Namibia, you don’t want to be a briefcase business,” Netumbo Nandi-Ndaitwah told Semafor at an Invest Africa event on the sidelines of the UN General Assembly this week. “You have to put up a processing plant in our country.” Read more @YinkaWrites: semafor.com/article/09/25/20…
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Nigeria and the US signed an agreement to increase Washington’s investment into the West African country’s minerals sector. The investment framework is the latest step in Abuja’s push to compete for investment dollars flowing into Africa’s minerals sector. semafor.com/article/09/25/20…
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Zambia is close to resolving a months-long dispute with the US over a proposed health agreement. Mulambo Haimbe said Washington had agreed to remove contentious data-sharing provisions. The US State Department has not publicly confirmed the change. semafor.com/article/09/25/20…
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The US has struck health agreements with African nations that involve sharing data with Washington about pathogens that could spark epidemics in their countries as a condition of getting the funding. Read more from @YinkaWrites: semafor.com/article/09/25/20…
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Oracle’s declaration of force majeure on a giant US data center under construction showcased the risks to the AI infrastructure buildout, and amplified fears of the financial fallout should the apparent bubble pop. semafor.com/article/09/25/20…
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Saudi Arabia said it intercepted six ballistic missiles fired by Yemen’s Iran-backed Houthis, pushing oil prices up on fears the Middle East conflict could expand and intensify. semafor.com/article/09/25/20…
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Tehran has made a new proposal to reopen the Strait of Hormuz, which Iran’s foreign minister said could unblock the key trading route within a week and restart talks to end the war. semafor.com/article/09/25/20…
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Nigeria announces largest rate cut in two decades: The central bank said its 3.5 percentage point cut was a reset aimed at making monetary policy more effective. semafor.com/article/09/25/20…
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The move should help debt-laden firms to refinance existing borrowing or access new capital more easily, Lagos-based investment bank CardinalStone said in a note. Read more from @onu_kwue: semafor.com/article/09/25/20…
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A global bond selloff sent long-term borrowing rates still higher as traders bet that inflation will remain elevated. semafor.com/article/09/25/20…
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Yields on Japan’s 10-year bonds rose to their highest level in three decades, while US Treasury yields hovered above 5%, a level not seen since the 2007 financial crisis, helping push American mortgage rates to more than 7%. Read more: semafor.com/article/09/25/20…
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Trump’s diesel export limits would face huge problems by further dividing Hill Republicans while risking even pricier gasoline. Most congressional Republicans want nothing to do with the idea, no matter how close they are with the president. semafor.com/article/09/24/20…
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The better policy would be for states like California to lift the restrictions that they’re imposing on the exploitation and the refining of diesel,” Sen. Bill Hagerty, R-Tenn., told Semafor. “Taking down domestic barriers that have been exerted by states — that, to me, is a far better approach.” Read more from @Eleanor_Mueller and @NicholasWu12: semafor.com/article/09/24/20…
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This is yet another clear sign of Republicans breaking with Trump and gas prices as, writes @Eleanor_Mueller and @NicholasWu12. Read more of @BurgessEv’s story on the disagreement within the party: semafor.com/article/09/22/20…
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