For years, media insiders turned to Ken Doctor for advice. Now he plans to compete against a hedge-fund-owned paper in Santa Cruz.
Noam Scheiber"The new role will put Mr. Doctor in direct competition with Alden Global Capital, a New York hedge fund that he has often criticized. Alden controls the parent company of The Santa Cruz Sentinel, which will be the main rival of Lookout Santa Cruz."
Noam ScheiberNevada passes a first-in-the-nation bill mandating COVID protections for workers in the hospitality industry. nytimes.com/live/2020/08/0… Also in the bill: liability protections for most employers in the state.
A federal judge granted a preliminary injunction instructing New York State to begin payments immediately and promptly, citing an “inexcusable delay.”
Noam ScheiberMajor ruling by a federal judge in NY this morning--that the state must start paying Uber and Lyft drivers traditional unemployment benefits promptly, without the months of delay they are typically subject to b/c of noncooperation by the companies.
Noam ScheiberUber and Lyft often say that whether drivers are employees or contractors is a wide open question, since states and courts split on this question. Maybe so, but today's ruling shows just how many times NY has deemed drivers employees: over 370!
The Dodd-Frank financial law succeeded at making banks safer, but empowered shadowy corners of finance that nearly wrecked the system in March.
Noam ScheiberHighly-leveraged bets by hedge funds nearly upended the financial system in March before the Fed stepped in. But the administration has shut down an effort by regulators to scrutinize hedge funds. V. important story from @jeannasmialek and @deborah_solomon
President Trump continues to press for a quick return to life as usual, but Republicans who fear a rampaging disease and angry voters are increasingly going their own way.
Noam Scheiber"Some of Mr. Trump’s closest advisers are adamant that the best way forward is to downplay the dangers of the disease. Mark Meadows, the chief of staff, has been particularly forceful in his view that the W.H. should avoid drawing attention to the virus."
As the city looked into how much drivers should be paid, the ride-hailing companies commissioned their own study, which painted a rosier picture.
Noam ScheiberA Cornell professor has circulated a memo raising "serious worries" about a paper that colleagues at the university were enlisted to do for Uber and Lyft. The study found that drivers in Seattle make $23.25 per hour.
Uber and Lyft hailed a Cornell paper’s conclusion that their drivers make solid wages. But others have questioned the researchers’ approach.
Noam ScheiberTech companies increasingly dominate the economy. But the tech companies typically pick which scholars get to study their effects on the rest of us. It may be skewing what we know about them.
Noam ScheiberWe need big tech companies like Uber, Facebook and Amazon to give us data so we can determine if they're good or bad for society. But those companies tend to only give data to scholars who they believe won't be very skeptical.
Noam ScheiberResearchers at Cornell were enlisted by Uber and Lyft to find out how much drivers make. They put it at a surprisingly high $23.25/hr. Some prominent economists raised concerns about letting tech companies choose who gets to analyze their impact.
A clash at a Maryland local shows the tensions in a labor movement whose ranks include law enforcement officers along with many nonwhite, nonpolice members.
Noam ScheiberMany unions are tiptoeing around police reform even though they represent millions of members, often people of color, who are demanding reform. Why? Because they also represent police.
Noam ScheiberA Black Lives Matter activist went to work for a prominent labor union, but continued to work on police reform. He says the union fired him over it.
Noam ScheiberThe police officer that killed Rayshard Brooks at a Wendy's in Atlanta is in the same national union as hundreds of thousands of workers demanding reform and defunding, many of them Black and Latino. It's causing some tensions.
The pandemic has dramatically changed the world we know. Here’s how leaders can chart a course for their organizations and guide their teams through tumultuous times.
Noam ScheiberWhich U.S. government agency has been best at responding to crazy, hard-to-foresee events like the pandemic and 9/11? Why it's the Coast Guard, of course. @PeterScoblic explains why, and what other organizations can learn from them.
A proposed rule would keep plans from increasing risk or decreasing returns in pursuit of “a social or political end,” Secretary Eugene Scalia says. But others say existing law achieves that end.
Noam ScheiberLabor Sec Eugene Scalia is seeking to restrict workers' ability to invest in companies with strong environmental, social and governance records through their 401(k)s. But the new rule may be more symbolic than substantive.