Vox

What is private equity, and why is it killing everything you love?

Private equity led to the closing of Toys R Us and cost 30,000 workers their jobs — and it’s hardly the only example of a deal gone wrong.
Pub Date: 
Mon, 01/06/2020
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Uber and Lyft just lost another battle in California

Silicon Valley can’t seem to escape California’s crackdown on the gig economy.
Pub Date: 
Fri, 08/30/2019
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Uber’s profit model, like that of other companies in the gig economy, depends on all the money saved from skirting US labor laws. By classifying drivers as independent contractors instead of employees, Uber doesn’t need to pay certain taxes, benefits, overtime, or minimum wages to tens of thousands of drivers. As self-employed contractors, drivers don’t have a legal right to form labor unions or negotiate contracts.

How China’s repression playbook backfired in Hong Kong

Beijing tried to repress Hong Kong the way it represses the mainland. It backfired.
Pub Date: 
Thu, 08/29/2019
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