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What makes a genre of music successful? Ideally, the art connects on a personal level with the audience, speaking truth to power, tapping into a universal experience.... but what if that isn't always the case? In 2012, an email from someone claiming to be a former music industry executive alleged that gangster rap was not an organic success. Instead, they claimed, the success of this genre was the result of a secret, high-level meeting in 1991, between members of the music industry's elite and representatives of the private prison industry. Making this music successful, they argued, would ensure the prison system became even more profitable for investors. It's a profoundly disturbing idea -- but could it be true? Tune in to learn more.
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Iran war talks. ICE agents at the airports. LaGuardia crash probe. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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A.M. Edition for Mar. 24. U.S. allies in the Persian Gulf are tightening the screws on Tehran in response to persistent attacks. Rystad Energy’s Jorge León explains how Iran’s continued strikes on the region and ability to exert control over the Strait of Hormuz mean oil is likely to remain expensive for longer. Plus, the EU and Australia ink a free-trade deal as the world’s “middle powers” link up. And Estée Lauder is in talks to acquire Puig Brands in a deal that would create a global beauty giant and add cult brands Charlotte Tilbury and Byredo to its sprawling portfolio. Luke Vargas hosts.
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Brian Carbaugh has a non-standard path to being a CEO in the startup world. He was in the marine core for 5-6 years in active duty, before attending Georgetown for school. Eventually, he joined the CIA and spent 23 years, serving the country in multiple different roles and facets, primarily in para military and covert operations. While he was there, he also started to see areas where the agency could innovate, and got curious about how they could partner with private companies. Outside of tech, he is a father of 3 girls and a boy. He enjoys working out, skiing and riding on road bikes. He used to do triathlons in the past, but startup life has taken up any time he could dedicate to that.
Shortly after he retired from the CIA, Brian got a call from some prior folks he knew still in the industry. He started digging into the cybersecurity world, specifically into why there was so much attrition amongst the employees themselves. He was asked the question about how he could 10x this workers, and optimize these individuals using the latest tech?
This is the creation story of Andesite.
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Marketplace's Meghan McCarty Carino takes a look at how platforms like Kalshi and Polymarket are allowed to function in states with varying gambling restrictions, plus what the CFTC is looking at to try to rein such platforms.
At New York City's LaGuardia Airport, two pilots were killed and dozens more injured after an Air Canada plane crashed into a Port Authority fire truck. The Federal Aviation Administration closed LaGuardia until the late afternoon on Monday. The fatal collision comes as anxiety surrounding air travel is already growing due to the ongoing partial government shutdown, which has led to hourslong security lines at some airports tied to a nationwide shortage of TSA agents. Meanwhile, President Trump calmed some market uncertainty brought on by the war in Iran, which is entering its fourth week, announcing a five-day moratorium on U.S. attacks of Iranian energy sites; this caused oil prices to come down, with the Dow Jones, S&P 500, and Nasdaq all ticking up. In business, California lawmakers are debating a bipartisan bill that would prohibit children under 16 from maintaining social media accounts, and Uber is partnering with Rivian to deploy up to 50,000 autonomous R2 robotaxis across North America and Europe by 2031. Read more at https://LATimes.com.
Plus: The EU and Australia have inked a new free-trade deal and security partnership. And Estée Lauder is in talks to create a global beauty giant. Luke Vargas hosts.
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