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The marketing executive who curates your pre-flight ads says traveling for business is crucial to his career success: ‘I travel to learn’

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Dan Levi knows a thing or two about finding his way around an airport.

As executive vice president and chief marketing officer at Clear Channel Outdoor—the largest airport advertising company in the country, with a presence in more than 55 commercial airports nationwide—Levi applies his 38 years of experience in media and advertising to helping bring digital innovation to out-of-home (OOH) campaigns. During his nearly 10-year career at Clear Channel, he has spearheaded the company’s mission to be first to market in the OOH sector, with game-changing planning and measurement solutions going back to 2016. The company reaches 130 million Americans weekly with some 70,000 roadside and airport displays in more than 65 markets, and saw revenue in its airports segment jump 16% in 2024, on the back of record-breaking passenger volumes through U.S. airports last year.

Levi averages two trips a month, many of which take him to Clear Channel’s 30 offices across the U.S. While he’s never in one place for long, having his Kindle and iPad handy and the refuge of an airport lounge at the ready helps him maintain an even keel.

He spoke with Fortune about a singular adventure in Cambodia, the virtues of feather pillows, and the impact of travel on both work and life.   

The transcript below has been condensed and lightly edited for clarity.

What’s the best trip you’ve ever taken?

My wife and I went to Antarctica last year for our 30th anniversary, which was the most amazing trip we’ve done recently. I don’t have a bucket list, but it was one of those bucket-list experiences. It’s such a different part of the planet, and unlike anything you’ve ever experienced before, no matter how much you’ve traveled.

We left on a cruise from Argentina and crossed the Drake Passage, which is legendary for being two days of seasickness and very rough seas. We were really fortunate because it was relatively calm, which the crew told us happens about 1% of the time, so we did it in a day and a half. Since we had that half-day head start, we were able to go farther south than the cruise had ever gone before. We saw parts of Antarctica that even the crew had never seen, and so many penguins, which are hysterical—they just look at you and walk right by.

My other favorite was our honeymoon in Cambodia in 1993, a few months after the U.N. peacekeeping forces—which had been there for two years to support the creation of a functioning democracy—had left. I like to say that I’ve never met anyone else who’s heard machine-gun fire on their honeymoon. Cambodia was truly independent for the first time in a very long time, and it was so spectacular not only to visit Angkor Wat and the nearby temples and other sites, but also to be there with almost no other tourists. We flew on a Russian surplus plane from Phnom Penh to Siem Reap with a pilot we were convinced was drunk, and then stayed at the nicest hotel in Siem Reap, which was basically a hostel with shared bathrooms. There are luxury hospitality brands there now, but this was a very, very different time. It’s such a wonderful memory, and marked the first time I had that kind of adventure travel experience. And it laid the foundation for much of what we’ve done since then, including moving to Southeast Asia for five years.

If you could go anywhere in the world you haven’t yet been, where would it be, and why? 

I have this running joke with my wife that with all the travel we’ve done together, we still haven’t been to Ireland. I’ve suggested it so many times when we’ve talked about where we should go, but we haven’t made it there yet, so I’m going with that to keep the joke going and put a little more pressure on her. I love the U.K.–I studied abroad in England, and have spent time in Scotland, Wales, and lots of other places there. Between the nature and landscapes, and everything I’ve been told about the people, Ireland just seems like a really cool place to hang out for a week.

What’s your favorite/most memorable meal you’ve had while traveling?

I was working for MTV in the early 90s, and they asked me to move to Singapore in 1995 to help launch MTV Asia. India was a very important market for MTV to develop–I ended up living in Bangalore for three months to get the business going–but the first time I went was before we had any infrastructure there. My wife came with me to Delhi, where it was more than 120 degrees–nobody wanted to do anything but sit inside and not move. But having never been there before, we wanted to see the sites. MTV had only one person on the ground then, the daughter of a very well-known Indian author, and we dragged this poor woman along to help us see the Red Fort and all these other places. Then we went to her grandparents’ home and had the best vegetarian meal I’ve ever had in this cute little house in Delhi, with one air conditioner in the bedroom. We all sat in there on the corners of the bed and had this unbelievable meal together. I’ll never forget it. I love India.

What are a few of your favorite travel hacks? 

If I can bring my own pillow, I will. There’s almost always room in a suitcase for a feather pillow—I’ll squish the air out of it and shove it into a corner, or I’ll put it on top of everything I’ve packed and force the suitcase closed.

I have TSA PreCheck, Global Entry, Clear, Digital ID—and if a new program comes out that will get me through airport security faster, I’ll register for that one too.

Though I once swore I would never pay for a credit card, after getting stuck in the Dallas airport for six hours due to storms a number of years ago, I now have an American Express Platinum Card so that I can access the Centurion and Delta lounges—I’m a Delta frequent flyer. To have a place to work and not have to deal with the overall stress of the airport experience makes a huge difference.

What three things do you never travel without?

I’m a tech nerd, so this one is easy. I never travel without my Kindle, because I need to be able to read on something other than my phone.

Second is my iPad—it’s my favorite device, and gives me the ability to work as well as watch video if I want to get online.

Over the years, I’ve curated this collection of chargers and cords that’s the first thing I pull out when I start packing for a trip. It’s in its own little case, and I know that wherever I go, whatever I need is in there.

Do you have any hard and fast travel rules?

I definitely strive to carry on, but as I’ve gotten older, I’ve realized that sometimes it’s better not to spend so much time on having to pack perfectly, and I’ll check my bag. But if I can, I prefer to carry on.

I’ll only take a connecting flight if there’s no other way to get there.

I like to get to the airport early, and not have the stress of running for the gate. When I lived in Singapore, I worked for a guy whose mission was to be the last person on the plane every time. When I traveled with him, we’d be paged and I’d have to do the walk of shame to the gate, then we’d be the last people to board—they’d shut the door behind us. I don’t like being that guy.

What’s the most important life lesson you’ve learned from travel?

I think that in life, as in travel, there’s no such thing as a bad experience. You can have a good experience or a good story, and if you’re lucky, they’re one and the same. Bad travel experiences are the ones you tell friends about over drinks to lots of laughs.

One of my favorites is when we lived in Singapore, and were meeting my brother and his wife in Chiang Mai after they’d visited us and then traveled a bit on their own. I was in Bombay for business, and the only way I could get to Chiang Mai in time to meet them was to fly overnight via Delhi, Hong Kong, and Bangkok in one journey. I don’t like taking sleeping pills, so my brother, an anesthesiologist who trained in the Air Force, gave me a sleeping pill that’s approved for pilots because it doesn’t make them groggy. He told me exactly when to take it so that I’d get the maximum amount of sleep, which I did as we took off for Hong Kong, but I couldn’t fall asleep. I went to the lounge during my two-hour layover there and started getting tired so I put my head back, then fell asleep and woke up 10 minutes before my flight was scheduled to take off. So I became that guy running through the airport, with my bag bouncing from wheel to wheel behind me and my coat hanging off. It was a bus gate, and the bus had already left, so I somehow convinced them to get another bus for me. I was barely awake, and did that walk of shame onto the plane, where everyone else who managed to get there on time was waiting. It was a bad experience, but a great story.

Are there any lessons from your own travel experiences that you’ve applied to your work at Clear Channel Outdoor?

The first pertains to our airport business. If you’ve flown through LaGuardia Airport in the last couple years, and also before it was redeveloped, you realize the difference between a great passenger experience and a horrific one. Traveling so much and passing through so many different airports, and especially having had Changi Airport in Singapore—which for many years was regarded as the best in the world—as my home airport for five years, for me has really reinforced the importance of the airport experience, and how much it matters both to travelers and to the marketers who are trying to reach them.

The bigger one is that travel is about experiencing new things—it’s about learning. I travel to our branches and to our local markets to learn. Our business isn’t driven by the people in New York and the big agencies—it’s driven by our people who work across our 30 local offices, and by our customers in those markets. If I can’t speak to what’s going on in our markets—to what our local clients’ and salespeople’s needs are, and how my team and I can support them—then I can’t effectively do my job. I think about it the same way I think about personal travel, and what I take away from these incredible trips to Antarctica and India and all these other amazing destinations: I travel to experience our business where it happens, so that I can do my job better.

This story was originally featured on Fortune.com

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Cathie Wood says most memecoins will end up ‘worthless’

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Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood. 

The combination of blockchain technology and artificial intelligence is creating “millions” of meme cryptocurrencies that “are not going to be worth very much,” the ARK Investment Managment LLC founder and CEO told Bloomberg Television on Tuesday, adding that her private funds are not putting money into these coins. 

Memecoins are a type of digital asset often inspired by jokes, current events or trends in popular culture. In February, the US Securities and Exchange Commission said memecoins are not considered securities so they will remain unregulated.

“If I have one message for those listening who are buying memecoins: buyer beware,” said Wood. “There’s nothing like losing money for people to learn, and they’ll learn that the SEC and regulators are not taking responsibility for these memecoins.”

This story was originally featured on Fortune.com

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The Pentagon is slashing up to 60,000 civilian jobs amid Elon Musk’s DOGE cost-cutting push, prompting national security fears

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Roughly 50,000 to 60,000 civilian jobs will be cut in the Defense Department, but fewer than 21,000 workers who took a voluntary resignation plan are leaving in the coming months, a senior defense official told reporters Tuesday.

To reach the goal of a 5% to 8% cut in a civilian workforce of more than 900,000, the official said, the department aims to slash about 6,000 positions a month by simply not replacing workers who routinely leave.

A key concern is that service members may then be tapped to fill those civilian jobs. But the official, who spoke on the condition of anonymity to provide personnel details, said Defense Secretary Pete Hegseth wants to ensure the cuts don’t hurt military readiness.

The cuts are part of the broader effort by the Department of Government Efficiency Service, including billionaire Trump adviser Elon Musk, to slash the federal workforce and dismantle U.S. agencies.

Acknowledging that “some” military veterans will be among the civilians let go, the official would not estimate how many but agreed it could be thousands.

The department is using three ways to accomplish the workforce cuts: voluntary resignations, firing probationary workers and cutting jobs as employees routinely leave. The official said the military services and Pentagon officials are going over the personnel on a case-by-case basis to ensure cuts don’t affect critical national security jobs.

Plans to cut probationary workers — which the Pentagon said targeted about 5,400 of the roughly 54,000 in the department — are already on hold due to court challenges.

The official added that Hegseth is confident the staffing cuts can be done without negatively affecting military readiness.

This story was originally featured on Fortune.com

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Proposed Trump policy could force thousands of citizens applying for social security benefits to verify their identities in person

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Trump’s Social Security Administration proposed a major change that could force thousands of people every week to show up at a shrinking list of field offices before they can receive benefits.

In an effort to combat fraud, the SSA has suggested that citizens applying for social security or disability benefits over the phone would also need to, for the first time, verify their identities using an online program called “internet ID proofing,” according to an internal memo viewed by the Washington Post.

If they can’t verify their identity online, they will have to file paperwork at their nearest field office, according to the memo sent last week by Acting Deputy Commissioner for Operations Doris Diaz to Acting Social Security Commissioner Leland Dudek.

The memo acknowledged the potential change could force an estimated 75,000 to 85,000 people per week to seek out field offices to confirm their identities and could lead to “increased challenges for vulnerable populations,” “longer wait times and processing time,” and “increased demand for office appointments,” the memo read, according to the Post

The change would disproportionately affect older populations who may not be internet savvy, and those with disabilities. Claimants seeking a field office will also have fewer to choose from, as more than 40 of 1,200 are estimated to close, the New York Times reported, citing advocacy group Social Security Works. The list of offices slated to close is based on an unreliable list released by DOGE, according to Social Security Works. Elon Musk’s DOGE has also said it will cut 7,000 of the SSA’s 57,000 employees. 

The White House and the Social Security Administration did not immediately respond to Fortune‘s request for comment.

The SSA previously considered scrapping telephone service for claims, the Post reported, but backtracked after a report by the outlet. Regardless, the SSA said claimants looking to change their bank account information will now need to do so either online or in-person and could no longer do so over the phone.

Almost every transaction at a field office requires an appointment that already takes months to realize, according to the Post. 

The White House has repeatedly said it will not cut Social Security, Medicare, or Medicare benefits, and has said any changes are to cut back on fraud. A July 2024 report from the Social Security Administration’s inspector general estimated that between fiscal 2015 and fiscal 2022, the SSA sent out $8.6 trillion in disbursements. Fewer than 1% of the disbursements, or $71.8 billion worth were improper payments, according to the report.

Acting Social Security Commissioner Dudek said for phone calls, the agency is “exploring ways to implement AI — in a safe, governed manner in accordance with” guidance from the Office of Management and Budget “to streamline and improve call resolution,” according to a Tuesday memo obtained by NBC News.

Dudek mentioned in the memo that the agency has been frequently mentioned in the media, which has been stressing out employees.

“Over the past month, this agency has seen an unprecedented level of media coverage, some of it true and deserved, while some has not been factual and painted the agency in a very negative light,” he wrote. “I know this has been stressful for you and has caused disruption in your life. Personally, I have made some mistakes, which makes me human like you. I promise you this, I will continue to make mistakes, but I will learn from them. My decisions will always be with the best intentions for this agency, the people we serve, and you.”

This story was originally featured on Fortune.com

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