Monday morning news drop
Workers Want to Do Their Jobs From Anywhere and Keep Their Big-City Salaries Employers see remote work as an opportunity to save money by cutting pay; employees argue that their work has the same value no matter where they do it (Wall Street Journal)
How Eating Out Has Changed, From the Menu To the Tip Early-bird dinners, sturdier pizzas, noisier streets: The pandemic has brought a host of new developments that could last awhile. (New York Times)
'We’ve been preparing for this': Big banks gear up to compete as new challengers loom From open banking to trends such as buy now, pay later, the financial services landscape is shifting. Will Canada's big banks be ready? (Financial Post)
2020 Was Almost Worse Than 2008 In a crisis like the one that hit the world in March 2020, only one thing will restore confidence: limitless cash. An excerpt from Shutdown: How Covid Shook the World’s Economy. (The Atlantic)
What Has the Stock Market Taught Us Since 2010? (1) We are in the midst of a paradigm shift. It is different this time. Markets have fundamentally changed. The top performers are going to continue outperforming. (2) Everything is cyclical so it’s time to be a contrarian. It’s not different this time. We’ve seen this movie before. Nothing works forever and always. (A Wealth of Common Sense)
LuLaRoe Exposed: Inside an Alleged Billion-Dollar “Pyramid Scheme” Lawsuit-plagued clothing company LuLaRoe—famous for its leggings—is the subject of Amazon’s new docuseries LuLaRich, premiering September 10. (Vanity Fair)
After 9/11, the U.S. Got Almost Everything Wrong A mission to rid the world of “terror” and “evil” led America in tragic directions. (The Atlantic)
The Silent Partner Cleaning Up Facebook for $500 Million a Year The social network has constructed a vast infrastructure to keep toxic material off its platform. At the center of it is Accenture, the blue-chip consulting firm. (New York Times)
How To Remember Minoru Yamasaki’s Twin Towers Perceived as symbols of strength after their destruction on 9/11, the Twin Towers and their Japanese American architect were once criticized in racist and sexist terms. (Bloomberg)
The Rise of the Twin Towers Photo Essay (Bloomberg)
