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Goldman Sachs CEO David Solomon pushes his personal mark as a DJ

Hello, I’m Matt Turner, Business Editor at Insider. Welcome to Insider Weekly, a roundup of some of our best stories.


On the program today:

But first : This week, Insider launched its first Climate Action 30, a prestigious list of leaders working towards climate solutions. Lily Katzman, associate editor of our special projects team, gives us a behind-the-scenes look at the project.


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Meet 30 world leaders fighting the climate crisis

Climate Action 30

Initiated



When we talk about climate heroes, the usual suspects – think Greta Thunberg and Al Gore – come to mind. While they are certainly doing a remarkable job, we wanted to draw attention to others who are making an important contribution to the fight against the climate crisis, associate editor Lily Katzman writes.

That’s where Insider 30 climate action comes in.

Our inaugural list of the top 30 global leaders includes activists, influencers, scientists, executives, entrepreneurs, and leaders from the public sector and nonprofits, among others, who are working to address the climate crisis. Here is what the project includes:

  • 30 unique articles describing each finalist’s work and why it matters.
  • 30 calls to action from each finalist to tell world leaders – and our readers – what they should do, stop doing, or understand to drive change.
  • Original (and stunning) photography commissioned by our team of photographers.

While we’re not spoiling everything, finalists include government leaders like Francia Márquez, Colombia’s first black vice president; entrepreneurs like Jan Wurzbacher, who founded a company that extracts carbon dioxide from the atmosphere and stores it in the ground; and activists like Autumn Peltier, who campaigns for clean drinking water in Indigenous communities.

Check out the full project here.


Goldman Sachs insiders rant about CEO’s personal brand

David Solomon, DJ D-Sol

David Solomon, aka DJ D-Sol.

Reuters



David Solomon, CEO of Goldman Sachs, moonlights as an electronic music DJ, playing high-profile gigs like the Lollapalooza music festival and Tomorrowland, a Belgian music festival.

Solomon has been working on the hustle side for years. But some insiders are baffled by the amount of time and attention he devotes to his hobby and his use of private jets to promote his work as a DJ. Some say they fear Solomon is putting his own interests ahead of those of the company.

Here’s what else insiders told us.

Additionally, check out:

An economic nightmare could be looming

The charging bull with a worried and sweaty expression with a red background

Maremagnum/Getty, Tyler Le/Initiate



Wall Street can’t get rid of a nightmare about the US economy.

Some of the market’s biggest investors fear there won’t be a hard or soft landing for the economy. Instead, we’ll just get blocked: Inflation is coming down a little from its burning level, but remains constantly higher; the Federal Reserve continues to raise interest rates, but fails to control prices. And Americans will end up with uncomfortably high interest rates, higher unemployment, and higher prices.

What happens if our economy is blocked.

Read also :

Please note: this is not a real job offer.

ghost job seeker

Employers advertise phantom jobs, which will never be filled.

Shutterstock



In today’s remarkably tight labor market, a new trend has job seekers perplexed: while many employers can’t find enough workers, some qualified candidates are applying for vacancies and getting no response.

The phenomenon raises questions about whether a company’s job postings reflect actual vacancies, or whether they are “ghost jobs” – listings for which employers no longer hire or recruit more actively.

Everything you need to know about “ghost jobs”.


Amazon is trying to fix its crumbling engineering culture

Kara Swisher and Andy Jassy, ​​President and CEO of Amazon, speak on stage at Vox Media's Code 2022 conference.

Kara Swisher, left, and Andy Jassy, ​​President and CEO of Amazon, on stage during Vox Media’s Code 2022 conference.

Jerod Harris/Getty Images for Vox Media



Following developer complaints about the slowdown in engineering culture, Amazon created a new team called “Amazon Software Builder Experience,” according to leaked documents.

Amazon formed the group earlier this year with the goal of making the internet giant the “best employer on earth for software makers”. Since launch, ASBX has over 400 employees, working on code automation, improved developer tools, improved tutorials and security infrastructure.

Within the Amazon Software Builder Experience group.

For more on Amazon:

This week’s quote:

“That’s $30,000 a year that you could put into a retirement fund.”

More of this week’s best reads:

Invitation to the event: Many small business owners may feel they cannot invest in talent acquisition. But innovative talent strategies can be their superpower.

Join us on Tuesday, September 27 at noon ET for an editorial boot camp, in partnership with Indeed, covering how small businesses develop these strategies. Register here.


More: Stay on top of the latest business news throughout the week by checking out The Refresh from Insider, a dynamic brief audio from Insider’s newsroom. Listen here tomorrow.


Organized by Matt Turner. Edited by Jordan Parker Erb and Lisa Ryan. Sign up for more Insider newsletters here.

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