What we’re reading (2/14)
“Business Owners Ponder Whether To Require COVID-19 Shots” (ABC News). “As more coronavirus vaccine doses become available in the weeks and months ahead, many business owners face a difficult decision: whether to require employees to be inoculated. And if they decide ‘yes,’ they have to be ready for the possibility that some staffers will refuse.”
“Wall Street Regulators Signal Tougher Approach To Industry After GameStop Frenzy” (Washington Post). “Attorneys in the Justice Department’s criminal division are conducting a wide-ranging investigation into possible market manipulation from the trading surrounding GameStop, and recently issued a subpoena to Robinhood as part of that, a person familiar with the matter said. The probe, though, appears to be in its early stages.”
“Interior Secretary Nominee On Collision Course With Oil Industry” (Wall Street Journal). “The Democratic congresswoman from New Mexico has joined with pipeline protesters, supported the Green New Deal and opposed fracking on public lands. For a cabinet post that oversees the government’s longstanding, multibillion-dollar partnership with drillers on federal lands, Ms. Haaland’s environmental politics are in contrast to those of her predecessors.”
“Why One Big Wall Street Banker Is Betting Flying Taxis Will Replace Helicopters” (CNBC). “The current bull market in stocks has fueled concerns about speculation in too many offerings and unproven technologies, but don’t include flying taxis, according to Wall Street investment banker Ken Moelis. Flying taxis — formally referred to as electric aircraft and the urban air mobility market — are coming in the near future and they can replace helicopters, Moelis and Company CEO and founder Ken Moelis told CNBC earlier this week.”
“Gaia Was A Wildly Popular Yoga Brand. Now It’s A Publicly Traded Netflix Rival Pushing Conspiracy Theories While Employees Fear The CEO Is Invading Their Dreams” (Business Insider). “Instead of the Hollywood fare offered by the big players, Gaia's catalog is a kaleidoscopic array of wild claims, conspiracy theories, and new-age mysticism loosely classified as ‘conscious media.’ Claims of a ‘shadow government’ secretly behind the 9/11 terrorist attacks jostle with yoga instructional videos; the forbidden truths about President Dwight D. Eisenhower's secret summits with aliens in Palm Springs are presented alongside meditation techniques. The video content blends together into a hallucinatory slurry of time-traveling psychic CIA spies, purported dangers of vaccines, Bigfoot sightings, alchemists' secrets for transmuting gold, and the founder of JPMorgan's clandestine plot to sink the Titanic.”
