Last year, nearly the entire editorial staff of sports-focused media site Deadspin quit in protest over private equity-backed management interference in their editorial decisions. Now they've reunited to form a company called Defector Media without any outside investors.
Why it matters: The broader media industry is watching Defector very carefully, particularly journalists who were either laid off or are worried about being laid off. Axios Re:Cap digs in with Defector co-founder Giri Nathan.
Illustration: Sarah Grillo/Axios
Illustration: Sarah Grillo/Axios
U.S. government bonds could breakout further after yields on the benchmark 10-year Treasury note ticked up to their highest since early June last week.
But, but, but: Strategists say this move is about an improving outlook for economic growth rather than just inflation.
Illustration: Eniola Odetunde/Axios
Schools across the country have flip-flopped between in-person and remote learning — and that instability is taking a toll on students' ability to learn and their mental health.
The big picture: While companies were able to set long timelines for their return, schools — under immense political and social strain — had to rush to figure out how to reopen. The cobbled-together approach has hurt students, parents and teachers alike.