newyorker.com
A collection of articles about Currency from The New Yorker, including news, in-depth reporting, commentary, and analysis.
almost 7 years ago
newyorker.com
Stinson is now fifty-eight. He has a full, reddish face, a thick head of silver hair, and a majestic midsection. His navy polo shirt displays his job title—“Zone Leader”—and, like everyone else in the plant, he always has a pair of protective earplugs on a neon string draped around his neck. His glasses have plastic shields on the sides that give him the air of a cranky scientist.
“I don’t regret coming here,” Stinson said. We were sitting in the plant’s cafeteria, and Stinson was unwrapping an…
over 6 years ago
newyorker.com
Vandermeyden saw a man wearing a Tesla T-shirt and walked over to introduce herself. After she found out that he worked in sales, the department she wanted to join, she decided to deliver her pitch to him right then. He seemed impressed by her nerve. A few weeks later, she was hired at Tesla as a product specialist in the inside-sales department.
At first, Vandermeyden thrived at Tesla. After almost a year, she was promoted to the job of engineering project coördinator in the paint department. T…
over 6 years ago
newyorker.com
The charges in the lawsuit describe behavior that will be familiar to many women who have worked in finance.
about 6 years ago
newyorker.com
In Uber’s minimalist lobby, Khosrowshahi was greeted by two local staff members, who led him through a traditional Hindu lamplighting ceremony called an aarti. The ceremony, which banishes negativity and invites in light and optimism, is intended to mark an auspicious beginning. Khosrowshahi smiled as he lit ghee-soaked wicks on a bronze lamp surrounded by rose and dahlia petals. A female Uber employee dabbed a red tilak dot on his forehead and handed him a bouquet of flowers. In a black blazer,…
about 6 years ago
newyorker.com
On the line was a man named Jesse Cohn, who worked for the hedge fund Elliott Management. Cohn said that he was calling as a courtesy, to give Bush a “heads-up” that Elliott had amassed a 9.2-per-cent holding in Athenahealth and was now one of its largest shareholders. It wasn’t unusual for a major shareholder to talk with the C.E.O., but this interaction, Bush thought, had a menacing tone. Although he wasn’t familiar with Elliott Management, an unsettled feeling came over him.
Bush had co-found…
over 5 years ago
newyorker.com
The new agreement is hardly the radical reimagining of NAFTA that Trump had promised. The U.S.M.C.A. maintains NAFTA’s continental free-trade zone and most of its provisions, while offering some increased benefits to American workers. It requires, for example, that seventy-five per cent of a car’s components be made in Canada, the U.S., or Mexico in order for the car to qualify for zero tariffs. (It was 62.5 per cent under the old agreement.) Workers making at least sixteen dollars an hour must…
over 5 years ago
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Hills was hired as a general-assignment reporter at a channel in West Virginia, in 2005, and began covering what she called “typical small-market news”—city-council meetings and local football games. “I remember calling my parents multiple times in the first six months. I was just overwhelmed,” Hills told me. “My first live shot, my knees were shaking.” She often covered three or four stories a day and was responsible for doing the interviews and the camerawork, lugging the heavy equipment from…
over 5 years ago
newyorker.com
A collection of articles about Currency from The New Yorker, including news,
in-depth reporting, commentary, and analysis.
about 4 years ago
newyorker.com
“He’s been through all this before,” Nelson continued. She noted that the flight attendant had, like many others, lost his pension and taken a pay reduction after the terrorist attacks on September 11, 2001, sent the airline industry into crisis. “And here we are again,” Nelson said, noting that workers are now facing similar hardships. “This has been real whiplash for people. It’s hard. There are a lot of people who went into work and they felt like they were doing a real service to the country…
over 3 years ago
newyorker.com
Patrick Byrne, the former head of Overstock, had always been outspoken. Did an affair with a Russian agent push him too far?
over 3 years ago
newyorker.com
The bill’s child tax credit has the potential to change the way that the United States addresses poverty.
about 3 years ago
newyorker.com
The cast of “Skeleton Crew,” Dominique Morisseau’s play about Black auto-plant workers facing rumors of a shutdown, takes a field trip to check out the set.
over 2 years ago
newyorker.com
The overturning of Roe v. Wade would seriously hinder women’s education, employment, and earning prospects.
almost 2 years ago
newyorker.com
For years, nonconsensual videos flourished on the Internet. How have adult sites been reined in?
almost 2 years ago
newyorker.com
Khan’s argument against the dominance of the consumer-welfare standard rested on an analysis of the business practices of Amazon—which she called “the titan of twenty-first century commerce,” and which now, according to some estimates, controls about half of the U.S.’s online-shopping market. Despite the fact that Amazon offered low prices, she wrote, its dominance was still detrimental to the economy. Amazon would sell products near or below cost in order to gain market share, making it more di…
7 months ago
newyorker.com
A little less than a year ago, Bankman-Fried had been ascendant. Thanks to the successful cryptocurrency businesses he founded, he was estimated to be worth billions of dollars; he mused about one day buying Goldman Sachs. At the same time, as a vocal adherent of effective altruism, the quasi-utilitarian philanthropic movement, he pledged to give most of that money away. Speaking from a lectern before the packed courtroom, Rehn, a decorated debater, evoked Bankman-Fried’s grandiosity and tried t…
7 months ago
newyorker.com
Merchant feels that the original Luddites, early-nineteenth-century cloth-makers who raided British factories and destroyed the new machines that were replacing them, have been getting a bad rap lately. Modern people tend to see them as fools who didn’t appreciate the benefits of technology. In Merchant’s view, the Luddites saw the future all too clearly: new machinery meant that the work they had previously done in their own homes would now be done in factories, as mass production, destroying…
6 months ago
newyorker.com
Stenger shows an ability to cling to optimism even when the facts don’t warrant it. He didn’t panic at first. “For all I knew, they were coming to take a tour of the place,” he told me. He drove down to the cluster of trailers that served as the resort’s administrative hub and noticed five or six black S.U.V.s in the parking lot. Inside the office, his staff was standing around awkwardly. A lawyer named Jeffrey Schneider told Stenger that the Securities and Exchange Commission was seizing the re…
3 months ago
newyorker.com
A collection of articles about 05 from The New Yorker, including news, in-depth reporting, commentary, and analysis.
3 months ago
newyorker.com
“Nobody’s perfect,” Varoufakis said, laughing. “I’m Greek.”
Varoufakis, who is tall and bald, with a rakish demeanor, wore boots and a black trenchcoat, like a character from “The Matrix.” In 2015, amid one of the worst financial crises in Greece’s history, he was appointed by the country’s new left-wing government to try to save the financial system and to fend off punishing austerity measures that the country’s creditors had proposed in exchange for a bailout. (During the negotiations, the Fin…
30 days ago