The Trump campaign has launched an internal audit of spending irregularities during Brad Parscale's tenure as campaign manager
Advertisement
Matt Turner
Jul 19, 2020, 20:52 IST
Getty
Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Please subscribe to Business Insider here to get this newsletter in your inbox every Sunday.
Advertisement
Hello!
What a week from our new DC bureau. Here's bureau chief Darren Samuelsohn:
Not only did the story rattle political circles, it clearly got under the Trump campaign's skin. Parscale issued a tweet three minutes before the article published calling the media a "criminal network that has very few honest people." And Trump campaign manager Bill Stepien in a statement an hour after the article went online described Tom as a "poor man's gossip columnist."
Red Bull fired its top two North American executives, CEO Stefan Kozak and president and CMO Amy Taylor, and global head of music, entertainment, and culture marketing Florian Klaass.
A person with direct knowledge of the firings, who is known to Business Insider but requested anonymity because they are not authorized to discuss it, said Klaass was let go over his role in a February corporate event, first reported by Business Insider, where a presentation slide was shown that featured racist stereotypes.
The slide, which was leaked to Business Insider, showed a world map that labeled the Middle East and Southeast Asia as "evil doers," continental Europe as "pussies," and South America as "coffee comes from here I think." Multiple employees said Klaass' Austria-based team included the slide despite being warned not to do so by US colleagues.
Chris Competiello, Libertina Brandt, and Natasha Solo-Lyons this week combined to produce a guide to getting started in real-estate investing. From their story:
In the US, the allure of real estate hasn't let up. In a recent Gallup survey, of the 1,012 US adults polled, 35% said that real-estate was the best way to build long-term wealth.
Advertisement
And in the past several years, real estate has created returns comparable to other investment assets.
According to the National Council of Real Estate Investment Fiduciaries, expected annual total returns on apartment investments have fluctuated between 6% and 15% since 2012. Over the same period, the S&P 500 had an annualized return of about 10%.
To help you get going, we've collected insights into mistakes to avoid, how to scale your business, and what it takes to nail the management side of property management.
NewsletterSIMPLY PUT - where we join the dots to inform and inspire you. Sign up for a weekly brief collating many news items into one untangled thought delivered straight to your mailbox.
California Gov. Gavin Newsom denies report that he had to personally ask and thank Trump in order to receive COVID-19 assistance
The GOP's China hardliners are too scared to stand up too Trump and look more toothless by the day
Dr. Deborah Birx told Trump in April that the coronavirus would soon be gone and influenced the administration's push to reopen the economy and lift lockdown