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- The Cynic: September 23
The Cynic: September 23
The Cynic
September 23, 2025
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BUSINESS
This Week’s Business News
Jimmy Kimmel is still off the air—and Nexstar says, “Don’t hold your breath.”
Business Insider | Amazon CEO Andy Jassy
The nation’s largest local-TV group announced it will keep preempting Jimmy Kimmel Live indefinitely, after affiliates balked at his remarks about Charlie Kirk. Disney hasn’t offered a timeline for return, which means your local station may just be rerunning syndicated sitcoms forever.
The decision highlights how quickly late-night comedy can go from “network tentpole” to “we’ll replace you with Family Feud.”
In 2025, the real punchline is that the ads still run on time.
Silicon Valley is reeling after new H-1B visa fees turned engineers into accounting problems.
REUTERS | Jeenah Moon
The surprise surcharge has tech firms accelerating offshoring plans, with some quietly exploring whether Bangalore can answer Slack messages just as fast as Palo Alto.
Startups and giants alike are crunching the math: hire in the U.S. and pay thousands in extra fees, or move the role abroad and pay in time zones.
Moral: Washington wanted revenue, and Silicon Valley got a lesson in how fast globalization finds a loophole.
PepsiCo investors aren’t sure Elliott’s “spin out bottling” plan is a real sugar high.
REUTERS | Hemanshi Kamani
The activist fund wants PepsiCo to separate its bottling arm to unlock value, but some big shareholders are worried it could leave the core business more vulnerable.
Elliott insists the split would improve margins, while cautious investors whisper about operational headaches and, you know, the small matter of actually delivering soda.
Either way, Wall Street’s thirst for breakups proves one thing: the only thing stronger than Pepsi is the lure of “unlocking shareholder value.”
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REAL ESTATE
This Week’s Real Estate News
Single-family rent growth is slowing—landlords may need to give up their “charge whatever we want” era.
AFP | Getty Images
After years of double-digit gains, new data shows rent increases are cooling, with some markets seeing real weakness. The culprit: supply catching up and tenants finally hitting affordability walls.
Landlords who once raised rent faster than you could sign the lease now have to consider—gasp—retention.
It’s not a renter’s market yet, but for the first time in years, tenants have something landlords don’t: options.
Can’t buy a house? Americans are moving into RVs instead.
Courtesy of Zuri Gardens
A growing number of families priced out of traditional housing are turning to recreational vehicles as semi-permanent homes. Mortgage denial, meet Winnebago.
For some, it’s a lifestyle choice; for others, it’s the only way to get shelter without selling both kidneys.
Either way, the “American dream” now comes with a propane hookup and a KOA membership card.
Beverly Hills is getting a $10 billion facelift—because apparently Rodeo Drive wasn’t enough.
REUTERS | Sarah Meyssonnier
Developers are planning one of the priciest luxury projects in U.S. history, with condos, retail, and hotels aimed at people who think “starter home” means $15 million.
The project is pitched as revitalization, but in Beverly Hills, that means taking something already gilded and making it shinier.
If you ever wanted proof that the top end of the market lives in a different universe, here it is: while the rest of America’s moving into RVs, Beverly Hills is breaking ground on its next Versailles.
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