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- The Cynic: November 10
The Cynic: November 10
The Cynic
November 10, 2025
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BUSINESS
This Week’s Business News
Airlines cancel more than 1,500 flights as the shutdown says “we’re still here.”
REUTERS
More than 1,500 U.S. flights were grounded Monday as the government shutdown entered week six, with staffing shortages and bad weather turning airports into sleepover zones for the emotionally resilient.
The FAA asked airlines to slash schedules by up to 10% while limiting private flights at major hubs to keep air-traffic chaos somewhat symmetrical.
At this point, frequent flyers are earning miles mostly in patience.
Tesla chair thanks investors for approving Musk’s $878 billion pay package—probably while clutching a stress ball.
REUTERS | Jeenah Moon
After months of drama and a courtroom detour, Tesla shareholders finally voted to reapprove Elon Musk’s record-smashing compensation plan.
The deal’s back on the table after a Delaware judge voided it earlier this year, proving that nothing on Earth—or Mars—can truly stop Elon from getting paid.
The board says it’s “necessary to retain him,” as if he has somewhere else to go besides all his other billion-dollar companies.
New York City commercial real estate industry seeks to work with Mamdani as rent freezes threaten
REUTERS | Hemanshi Kamani
Developers and property owners are scrambling to meet with incoming Mayor Zohran Mamdani after he floated a rent freeze affecting nearly one million stabilized apartments.
The industry says it wants to “work with” him—a phrase that usually means “please don’t.”
When real estate moguls start quoting tenant rights slogans, you know rent talks just got real.
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REAL ESTATE
This Week’s Real Estate News
Trump proposes 50-year mortgage—because what’s more American than debt that outlives you?
AFP | Getty Images
The administration says the plan could lower monthly payments, but analysts warn it would barely move the affordability needle.
Over half a century, interest adds up faster than your kids’ college tuition, which, coincidentally, you’ll still be paying off.
In the end, it’s less “owning the dream” and more “leasing it from your descendants.”
Trump looks to allow crypto-backed mortgages
Courtesy of Zuri Gardens
New Trump proposals would let borrowers use regulated digital assets as collateral for mortgages, expanding access for crypto-rich, cash-poor buyers.
Banks are cautious, citing volatility, custody risks, and the occasional tendency of coins to vanish faster than accountability.
Still, if your Bitcoin wallet can get you a house, we’ve officially merged Wall Street with Candy Land.
Rightmove shares plummet as AI investment threatens profits—robots 1, shareholders 0.
REUTERS
The UK property giant warned that its 2026 profit will take a hit from new AI spending, sending shares down roughly 25%.
Management insists the investment will “pay off in time,” which is what every company says right before it doesn’t.
Investors were promised machine learning; instead, they got an expensive lesson in human emotion.
“You guys cheer me up.”
FUN
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ADVICE
This Week’s Business Advice
“If your company needs a new meeting to talk about the last meeting, you don’t need better strategy—you need better people.”
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