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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
FeaturesFive Things

HP reports, the Pope talks and Twitter’s gaffe — 5 things to know today

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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November 25, 2014, 8:13 AM ET
HP CEO Meg Whitman Visits Shanghai
SHANGHAI, CHINA - MAY 09: (CHINA OUT) Meg Whitman, President and Chief Executive Officer of Hewlett-Packard, speaks during the HP Global Influencer Summit 2012 at Shanghai Expo Center on May 09, 2012 in Shanghai, China. The two-day event opened on Thursday, with the theme of "Make Technology Work For You", launching a series of new products in the country. (Photo by ChinaFotoPress/ChinaFotoPress via Getty Images)Photograph by ChinaFotoPress/Getty Images
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Good morning, friends and Fortune readers.

On the last day before many of you start heading out for Thanksgiving vacations, much of the news is focused on the events in Ferguson, Mo. That doesn’t mean things aren’t still happening in the world of business, though. Computer hardware maker Hewlett-Packard is slated to report earnings after the close of trading, and this morning we saw the latest reading on third-quarter GDP. Here’s what else you need to know about.

1. Pope Francis talks about jobs

The Pope addressed the European Parliament today in Strasbourg, France, and he talked about jobs and workers’ rights as important for the future of the continent — a region he described as “somewhat elderly and haggard,” according to the BBC.

2. An upbeat GDP revision

A revision of third-quarter GDP came out this morning, and it was rosy. Economic growth was expected to come in slightly lower than the initial estimate of 3.5%, but in fact it was stronger, with the government reporting the U.S. economy grew at a 3.9% pace in the third quarter. The upbeat number could help the market set new records.

3. The World Cup loses a sponsor

With all the controversy around the selection of Qatar as the host country for the 2022 World Cup, one thing has been pretty clear: as long as FIFA was making money, none of it was going to matter. The bottom line could finally be impacted, though, as Sony has pulled out of its role as a World Cup sponsor, citing a lack of transparency. Somewhere, Sepp Blatter is shuddering.

4. Twitter’s CFO makes a big mistake

We’ve all been there — sending out a private message to a public forum. Usually, though, we don’t help run that forum. Twitter (TWTR) CFO Anthony Noto appears to have made that mistake last night, sending out a tweet seemingly meant to be private, intimating Twitter was meeting with acquisition targets on Dec. 15 and 16.

5. Meg Whitman enters the spotlight

Hewlett-Packard (HPQ) will announce its third-quarter earnings later today, the first time the company has reported its results since the technology company announced it will be splitting into two separate companies. Investors will likely want an update on the company’s progress on that split today.

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