New York Sues over Net Neutrality, and an Early Uber Investor Leaves His Company
New York Attorney General Eric Schneiderman filed a suit to block the FCC from repealing net neutrality protections. The state's top lawyer says the agency's move is "illegal" and that its system to collect comments on the issue was "corrupted."
Plus Shervin Pishevar, one of Uber's early investors and an executive at Virgin Hyperloop One, stepped down from his venture capital firm amid allegations of sexual harassment. He says he's focused on the legal battle against those launching a "smear campaign" against him.
And is Twitter up for sale? A picture posted by Goldman Sachs CEO Lloyd Blankfein with the social media platform's Jack Dorsey sparked speculation that the two might be working on a deal.
The sticker prices for Ford's F-150 Lightning electric pickup trucks are being lowered by thousands of dollars across the board, the company said Monday, due to increased plant capacity, falling costs for battery raw materials and internal efforts to scale production by the Detroit automaker.
United Airlines and the union representing its pilots said Saturday they reached agreement on a contract that will raise pilot pay by up to 40% over four years.
The court’s ruling applies to higher education institutions and other entities that receive federal funding and doesn’t directly change private employer obligations, but business leaders might pull back diversity, equity and inclusion programs to avoid lawsuits.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. Up this week: Meta, Disney & Microsoft-Activision Blizzard.
