Kickstarter Union Opposed by Senior Staffers: Leaked Memo

Tuesday afternoon, a contingent of Kickstarter employees went public with their intention to unionize under the name Kickstarter United. According to an email provided to Gizmodo, however, senior staffers at the crowdfunding company are already attempting to push back against the plan to make Kickstarter the first major tech firm to have a union. “The […]

Mic Network Sold to Bustle for About $5 Million – WSJ

Digital publisher Mic Network Inc. has agreed to sell itself to women-focused publisher Bustle Digital Group for about $5 million, according to a person familiar with the matter—a fraction of Mic’s valuation less than two years ago. Mic laid off almost all of its employees ahead of the sale, another person familiar with the matter […]

Amazon Picks New York City, Northern Virginia for Its HQ2 Locations – WSJ

New York City and Northern Virginia will be the homes for Amazon.com Inc.’sAMZN +0.60% second and third headquarters, according to people familiar with the matter, ending a more than yearlong public contest that started with 238 candidates and ended with a surprise split of its so-called HQ2. The imminent announcement is expected as soon as Tuesday, according to the […]

Uber’s Mysterious New Business Looks a Lot Like a Temp Agency | Vanity Fair

react-text: 220 /react-text Mark Kauzlarich/Bloomberg. Onstage at last week’s New Establishment Summit, C.E.O. Dara Khosrowshahi, who has been tasked with taking Uber public, made a point of highlighting the company’s meal-delivery service as one of the most promising components of Uber’s ride-hailing business. Indeed, when Morgan Stanley and Goldman Sachs valued the company at up […]

The Only Amazon Prime Day Guide You Need

Illustration: Jim Cooke (GMG) Today is Amazon #PrimeDay, home to all of Amazon’s greatest deals. You only have one chance to do this right! First, buy this 50 pack of Pacon Super Value Poster Board and a pack of black Sharpie Magnum Permanent Markers. Write “UNION” on each poster. Unionize your coworkers in the Amazon […]

Wells Fargo Employees Altered Information on Business Customers’ Documents – WSJ

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 […]

Democrats Take Aim at the Gig Economy – Bloomberg

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 […]

The Trump Tariff Layoffs Begin – WSJ

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 […]