Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
On Wednesday, a fan account tweeted out Elon Musk’s home and factory addresses, along with a picture of the K-pop girl group Loona, leaving many to ask: What? Why? Well, the answer is complicated. Elon Musk works at 45500 Fremont Boulevard, Fremont, CA 94538 🌙 and lives in 10911 Chalon Rd Los Angeles, CA 90077…
That means that as people reach their mid-60s, they either have to dramatically curtail their spending or keep working to survive. “This will be the first time that we have a lot of people who find themselves downwardly mobile as they grow older,” Diane Oakley, the executive director of the National Institute on Retirement Security,…
Univision Holdings Inc. has been offering buyouts to employees at Gizmodo Media Group, according to a person familiar with the matter, marking the latest case of a digital-media upstart tightening its belt. The former Gawker Media websites, which include the sports outlet Deadspin and the woman-focused site Jezebel, began offering employees buyout packages last week,…
Politically and economically, unions are sort of an odd duck. They aren’t part of the apparatus of the state, yet they depend crucially on state protections in order to wield their power. They’re stakeholders in corporations, but often have adversarial relationships with management. Historically, unions are a big reason that the working class won many…
Companies hiring for technical positions often slip language into their job postings that appeals to men. They say they’re looking for “ninjas,” who seek to “obliterate competition,” and are capable of “dominating.” By now, these wordings are a well understood form of bias that produces more male candidates than female. But one job in the…
When I was about 30, I was hired to be an editor at The Wall Street Journal. There was no good reason for this. I was a pretty good writer, and I knew the rules of grammar and was in general interested in a lot of stuff. But nothing on my résumé would have pointed…
Some employees in a Wells Fargo WFC +0.15% & Co. unit that handles business banking improperly altered information on documents related to corporate customers, according to people familiar with the matter. The behavior again raises questions about Wells Fargo’s risk-management practices and controls. The bank has been sanctioned in recent months by federal regulators for problems in these areas…
Leading Democrats are proposing a labor law overhaul that could extend collective bargaining rights to huge swaths of the gig economy, the latest sign of gathering blowback for companies committed to maximizing profits by denying workers rights and benefits often associated with regular employment. On Wednesday, Vermont Senator Bernie Sanders, an independent who caucuses with…
Tesla CEO Elon Musk, a billionaire, just received an unprecedented incentive-laden pay package that could earn him tens of billions of dollars. But his employees also get something: Exhortations to work faster! Tesla, you see, has made Elon Musk staggeringly wealth(ier), because it is the fabulous and wonderful future of cars, but it has a…
American Keg Company is the only remaining U.S. manufacturer of stainless steel beer kegs. Despite competition from German and Chinese firms, American Keg has only used domestic steel. But now it’s being punished for this domestic sourcing as Donald Trump’s steel tariffs have forced the business to lay off a third of its workforce. Since…