The FBI investigates a major Twitter hack. Netflix sells off on earnings. Domino’s serves up strong sales growth. Banking software company nCino has a big Wall Street debut. Pepsi gets a boost from snacks. Fiat Chrysler & Peugot unveil Stellantis. Motley Fool analysts Andy Cross and Ron Gross discuss those stories and the latest from Johnson & Johnson, UnitedHealth, and big banks. The guys also share two stocks on their radar: Boston Beer and 3M. Plus, CNBC reporter Kate Rooney discusses the latest with Robinhood, fintech, VC investing, and how Silicon Valley is rethinking office space.
Notorious political dirty trickster and federal inmate Roger Stone got a commutation from the President. Was it corrupt? Is the pardon power truly plenary? Gene Healy comments.
In a world of ubiquitous information, protests, activism and propaganda exist in the digital world as much as the physical. The war for control of a given narrative is waged as much online as it is on the street. So how do we as individuals understand the discrepancy between the stories presented between various factions of the media? Join the guys as they sit down with Linqua Franqa and Dope Knife, hosts of iHeart's new podcast Waiting on Reparations to learn more about activism in the modern day.
Andy and Tammy here with a bonus episode, interviewing Darren Byler, a postdoctoral researcher at the University of Colorado and an expert on the Uyghur people, a Muslim community in the Xinjiang Uyghur Autonomous Region in Northwest China.
9:50 – What is Xinjiang? Who are the Uyghurs? And how has the relationship between Uyghurs and Han (ethnic Chinese) people changed from the 1950s to the present? In recent decades, Xinjiang has become a source for energy resources, the cotton in our clothing, and the tomatoes in our food.
We recount the path from “opening up the west” (1990s) to “the people’s war on terror” (2000-10s) to the most recent “reeducation camps.”
21:05 – Darren argues that the moralistic paradigm of “cultural difference” and “ethnic genocide” are inadequate. He explains why we need a broader analysis of the social forces producing violence, exploitation, and state repression. Hint: capitalism?
Also, how has China appropriated the US’s rhetoric of “war on terror” to racialize the Muslim Uyghurs? Aka “I learned it by watching you, Dad!”
Referenced: a new report on Uyghur labor in export-oriented factories in China (Australian Strategic Policy Institute)
56:50 – What’s a good leftist to do? Is it okay to back right-wingers who call China morally evil? What are potential avenues for international solidarity (what about the Uyghur diaspora? the Chinese diaspora?)?
Also, Darren cites recommended reading on the region and tells us what traps to avoid — and also defends journalists at The New York Times (the ones who wrote this) against Andy’s snobbish dismissal of reportage!
Miami considers the possibility of a new lockdown. Hospitals overwhelmed in several states. A Redskins sexual harassment scandal. CBS News Correspondent Steve Kathan has today's World News Roundup.
After months of coronavirus lockdowns, cities are taking stock of their finances. The situation is bleak. With plummeting sales and property tax revenue, American cities of all sizes may be facing a budget crisis. What happens when local governments have to cut their budgets by double-digit percentages? Will the federal government learn from the Great Recession and intervene?
Pandemic panic has subsided, and economic pain deferred—so far. But never mind investment banks’ recent triumphs; uncertainty still abounds. Brazil once had a robust “no contact” policy for its isolated indigenous tribes, but missionaries and miners are closing in. And a notorious Sardinian mobster is on the run once again.
Twitter suffered its biggest hack ever, which could forever change its role as the direct-to-consumer communication platform. Hasbro’s new Scrabble app is causing aggressive drama among Scrabble purists, but the toymaker has learned its lesson from the ‘90s about cannibalization. And UnitedHealth just enjoyed a record $6.6B profit because you paid for health insurance but didn’t use it last quarter.
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Introducing Micro Waves: low-calorie episodes featuring bite-sized science, mail from our listeners, and...maybe other stuff in the future? We'll figure it out.