Tuesday, November 19

What you missed today

Good evening!

Big breaking news coming in at the end of today…

Here are the 7 things you missed today:

1.  📺 Comcast Is Spinning Off Its Networks

TL;DR: Comcast is moving forward with the spinoff of its cable network channels including CNBC, E!, and MSNBC. The separation is expected to take about a year and a formal announcement is expected as early as tomorrow.

Why you should care: This is a major change in the world of media networks and broadcasting, which will have impacts throughout marketing/PR efforts, advertising buys, and media hierarchies.

2. 💵 Stop Overpaying on Taxes

Most Americans overpay taxes by thousands every year! If you're not being proactive, you're leaving money on the table.

Tech CEO Jake was stuck with a generic CPA in 2022 with very basic returns. Last year, he turned to Gelt, who helped him unlock over $100K in tax savings with a strategy tailored just for him.

Gelt is your modern CPA partner. Their expert team and tech platform help lower your liability with tailored strategies and maximize deductions.

Plus, their Tax Library is packed with guides on everything from QBI to retirement plans.

Ready to keep more of your money? Get started with a free tax review here!

3. 💉 CVS, UnitedHealth & Cigna Sued FTC

TL;DR: CVS Health, UnitedHealth Group, and Cigna sued the Federal Trade Commission today claiming the agency’s case against drug supply chain middlemen over high insulin prices in the US is unconstitutional.

Why you should care: This is yet another move in the legal fight between the three largest pharmacy benefit managers, and the results of all of these cases have the potential to reshape the entire pharmaceuticals industry.

4.  🛠️ Things Worth Checking Out

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5. 🚗 Jaguar Is Now JaGUar

TL;DR: British automaker Jaguar has undergone a major update to its branding as it prepares to fulfill its plan to go all-electric for its lineup with the first new model launching in 2026. The new branding includes a new logo that changes the font, spaces out the letters, and uses a mix of upper and lowercase letters.

Why you should care: Other than emphasizing Will Ferrell’s pronunciation of Jaguar, this new branding combined with the company’s move to EVs is a major shakeup in the luxury car industry – and one we might be seeing more of in the future.

6. 🛰️ Starlink Is Sold Out In Parts Of The US

TL;DR: A year after Starlink removed its waitlist throughout the US, it’s making a comeback due to selling out in certain parts of the US including several large cities on the West Coast and in Texas.

Why you should care: Starlink has been a huge benefit to bringing rural parts of the world online, and its inability to keep up with demand could be a hindrance to help companies reach consumers in this digital age.

7.  🦃 Thanksgiving Travel Is Expected To Set New Records

TL;DR: According to AAA, a record-breaking 79.9 million travelers will travel more than 50 miles from home this Thanksgiving – a 1.7 million increase from last year. Among those traveling, 71.7M are estimated to do it by car, 5.8M by air, and 2.3 by “other” (buses, trains, and cruises).

Why you should care: The roads are going to be busy, and it goes to show you where attention will be diverted during this time. Maybe it’s a good time to send less emails to autoresponders and buy out a billboard or an ad at a rest stop.

Bonus. CEO Tip Of The Day

Consider being open-core everything. Let your teams know everything they need to know about the business through documentation. How and when you fail, how to get to know customers, and what the strategy is.

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