21st Century Fox Corporation, the parent company of Fox News, has announced a settlement in the sexual harassment case brought by Gretchen Carlson. The amount, unconfirmed by the parties, has been reported at $20 million. Ailes, the former Fox News Chairmen, was ousted last month after being accused of sexual harassment by more than two dozen women. New York magazine offers an in-depth review of the story.
Uber made headlines last month when it revealed it lost over a billion dollars in the first half of 2016, a large percentage of which came from its foray into the Chinese market. In July, the company announced that it would sell all of its local operations to Didi Chuxing, a homegrown competitor, in exchange for equity and other considerations. Now, in the latest legal headache for the famously litigious business, Chinese authorities have opened an antitrust investigation into the sale.
While union membership continues to decline nationally, the share of unionized workers in New York City is at the highest level since 2007, the New York Times reports. The latest numbers come from a study conducted by Ruth Milkman and Stephanie Luce, professors at the Murphy Institute for Worker Education and Labor Studies at the City University of New York. The authors attribute the increase to recent economic gains made in traditionally organized industries, such as construction.
