Money

How to hold the corporate world accountable

On Tuesday, the Justice Department and 11 U.S. states filed an antitrust lawsuit against Google, alleging, “For the sake of American consumers, advertisers, and all companies…the time has come to stop Google’s anticompetitive conduct and restore competition.”  Yet, despite widespread, bipartisan censure, Google has been celebrated as a leader in “stakeholder capitalism”; its parent company, …

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With offices closed, WeWork and other coworking spaces jump on market opportunity

With no end in sight to her work-from-home arrangement, Sarah Crabbe desperately wanted to find an alternative office space outside her packed New York City apartment. “I love my apartment, but it is 900 square feet. It comes with a husband, an almost 4-year-old son, and a nanny,” Crabbe, a vice president of advertising sales …

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Americans are frantically buying military gear before the election

Conflict is on America’s streets in 2020, and “tactical apparel” has become a lifestyle industry serving militarized law-enforcement agents and the freelance gunmen who emulate them. Less than two weeks before Election Day, orders are rolling in. Since last year, online purchases have driven a 20-fold jump in sales of goods like the $220 CM-6M …

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Are America’s twenty-somethings doomed to become a lost generation?

America’s youngest workers started the year with a rare opportunity to slingshot their careers in the hottest job market in decades. They’ll end 2020 facing some of the nation’s bleakest employment prospects and the most volatile job market ever for recent college graduates. The unemployment rate for young people age 20 to 24 was 12.5% …

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Trump’s odds of winning rise or fall based on one overriding force

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. President Trump got COVID-19 and recovered like a champ. But politically, the pandemic is the plague he can’t shake. President’s Trump’s fortunes in his campaign for re-election haven’t been much aided by America’s sharp …

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Despite Trump’s claims, the Dept. of Defense doesn’t plan to lead vaccine distribution

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. President Donald Trump doubled down on his optimism that a COVID-19 vaccine for the masses is just around the corner during Thursday night’s final presidential debate with former Vice President Joe Biden. That flies …

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The electric car frenzy is helping even troubled companies raise big money

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. The conventional path to taking a company public is pretty simple: demonstrate some early success, then sell shares for capital that can be used to expand. This year, electric vehicle startups have gone public …

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Is it time for a new agency to oversee Big Tech? Many say yes

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. The Justice Department’s decision to sue Google this week elicited mixed reactions, but there’s one point on which everyone agreed: The antitrust case will take years to play out. There are various reasons for …

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AstraZeneca cleared by U.S. regulators to resume COVID vaccine trial

AstraZeneca Plc, the U.K. drugmaker developing a Covid-19 vaccine with the University of Oxford, has been cleared by U.S. regulators to restart a trial halted in the country for more than a month on concerns about a volunteer who became ill. The U.S. Food and Drug Administration authorized the trial to resume Friday, according to …

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