When you look at the list of people that Wells Fargo stole from -- ordinary depositors, struggling mortgage borrowers, 800,000 car loan borrowers, mom and pop businesses, medium businesses and home owners -- a commonality emerges: they're all poor people, or middle-class people, or slightly rich people. Read the rest
Wells Fargo CEO Tim Sloan has only been on the job since October, but he's earned a 35%, $4.6m raise, despite flat earnings and a series of scandals since Sloan took over from the cartoonishly villainous John Stumpf. Read the rest
United Airlines has repeatedly attained viral fame for its mistreatment of its passengers and their belongings, and has even dabbled in pet murder, but now the airline has crossed another item off its worst-airline bucket-list, murdering a passenger's puppy by insisting that a dog-carrier be stored in an overhead locker during a 3.5 hour flight, despite having received a $125 cabin pet fee and despite the carrier fitting comfortably under the seat. Read the rest
The DoNotPay bot (previously) is a versatile consumer advocacy chatbot created by UK-born Stanford computer science undergrad Joshua Browder, with its origins in a bot to beat malformed and improper traffic tickets, helping its users step through the process of finding ways to invalidate the tickets and saving its users millions in the process. Read the rest
London's housing bubble has appeared unprickable, stabilised by influxes of offshore money from "investors" who saw property in the capital as a safe, easily liquidated bet even after the 2008 crisis when the rest of the UK saw housing prices tumble. Read the rest
Airbnb hosts are supposed to be smallholders: people who rent out a spare room or let out their homes while they're out of town -- but in New York (and other cities), the system is dominated by professional landlords who have illegally converted huge swathes of the city's available housing stock into unlicensed, highly profitable hotel rooms. Read the rest
The fire in Grenfell Tower had many causes: Tory MPs protecting their rental incomes by voting down basic tenant safety; the Conservative Party's campaign against "safety culture"; but much of the blood is on the hands of Rydon, the contractor who sheathed the tower in the highly flammable cladding -- and came out on top, winning the contract to undo their work on other towers that had been similarly clad. Read the rest
In Packets, Please, you are the boss of CosmoCast, a corrupt, post-Net Neutrality ISP; your job is to "boost, throttle or disconnect" people based on their activities -- you can boost Trump's tweets, disconnect political dissidents, and throttle rival video-on-demand services, working at breakneck speed to keep the packets flowing in the way that optimizes the internet for your shareholders at the expense of your users. Read the rest
When Donald Trump announced that he would "drain the swamp" by filling his cabinet with lobbyists, billionaires, and political operators, we all braced for an onslaught of rules that benefited the fattest of cats at the expense of everyone else, but Gary Cohn outdid himself. Read the rest
My latest Locus column, "Let’s Get Better at Demanding Better from Tech," looks at how science fiction can make us better critics of technology by imagining how tech could be used in difference social and economic contexts than the one we live in today. Read the rest
Last December, the accounting giant EY presented a proposal to the failing mega-business Carillion to break it up and sell its profitable parts, keeping it from collapsing and sticking the British taxpayer with billions of pounds' worth of unfunded pension liabilities. Read the rest
The Seasteading Institute is a group of libertarian separatists who dreamed of building an autonomous, contract-governed mini-state on a set of floating platforms in the south Tahiti lagoon of Atimaono; only one problem: they didn't renew their contract with French Polynesia to build their platforms. Read the rest
On Tuesday, the CEO of UK certificate reseller Trustico decided to settle an argument with Digicert executive VP Jeremy Rowley by emailing him the private keys for 23,000 TLS certificates that had been issued by Symantec's disgraced Certificate Authority, to prove they had been compromised. Read the rest
Trump is an excellent businessman and the Republicans are really good with money: if you doubt it, just take a gander at the Urban Institute's report on the costs and effects of Trumpcare: the US government will spend $33 billion more as a result of GOP policies, and cover 8.9 million fewer Americans, and those Americans will pay higher premiums (18%, on average!) to get worse care. Read the rest
Amazon will acquire Ring, the Santa Monica, CA-based home video surveillance maker.
New York Toy Fair is the world's largest toy show and its trends are a preview of the toys that will fill the shelf this Christmas; that means that you need to get ready for an enormous variety of poop-themed toys, including poop-shaped squishy balls, the "Flush n Frenzy" toilet-flushing game, "Don't Step in It" where blindfolded players try to walk an obstacle course of turds made from modeling clay, and "Plunge It," where players try to pick up poops with toy plungers. Read the rest
Last November, evil Trump-supporting billionaire Joe Ricketts shut down Gothamist (and its sister sites) to punish its staff for forming a union. Read the rest
