In Other Brews…
Sixth time’s the charm? Walt Disney said it would announce a(nother) replacement for CEO Bob Iger in early 2026. Iger has attempted retirement six times, but circumstances like COVID, poor performance by successors, and negative earnings have kept him on the Magic Kingdom’s throne. Mickey named Wall Street veteran James Gorman to chair Disney's board and lead the CEO search.
Field trips to Pennsylvania Avenue got an upgrade! First Lady Jill Biden unveiled a “reimagined” White House tour, allowing visitors to explore the once-off-limits Diplomatic Reception Room, where FDR recorded his famous “fireside chats,” along with other once-exclusive spaces. New displays share history and encourage engaging all the senses as guests venture through the presidential stomping grounds.
The assassination attempt against former President Trump was “preventable,” according to the bipartisan House task force’s investigation. The 53-page preliminary report chastised the Secret Service for “inadequate planning and coordination,” the most egregious example being the breakdown in the chain of communication between local law enforcement—who saw Thomas Crooks on the roof with a gun—and the Secret Service.
There’s gold lithium in them thar hills brines. Researchers at the United States Geological Survey announced Monday that they believe Arkansas has 5M-19M tons of lithium—enough to meet all of the world’s growing demand—in an underground brine reservoir. The key now: attracting companies (Exxon Mobil is already in the mix) to extract the battery ingredient from the salty water.
Abercrombie & Fitch’s former CEO was arrested yesterday on sex trafficking charges. The indictment alleges that, while CEO, Mike Jeffries preyed upon the clothing brand’s young male models, abusing them while promising career advancement. Meanwhile, Sean “Diddy” Combs faces seven additional lawsuits alleging that the music mogul drugged and sexually assaulted men, women, and minors—the youngest of whom was thirteen—at parties.