Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

Donald Trump says that the presidential pardons Joe Biden gave in his final days are "VOID, VACANT, AND OF NO FURTHER FORCE OR EFFECT", because they were done by "Autopen"

Former President Donald Trump asserted early Monday, without providing evidence, that pardons issued by his successor for members of the House select committee that investigated the Jan. 6, 2021, Capitol attacks are invalid because President Joe Biden allegedly used an autopen instead of a "real pen." On his
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Amazon, AMZN, is reportedly planning to eliminate approximately 14,000 managerial positions within its organization between the first and second quarters of 2025

Per CNBC: Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew headlines for his five-day-in-the-office mandate. But Jassy’s messaging on an increased ratio of individual contributors to managers raises a much bigger question about organizational structure: What is the right balance between individual
3 min read