Nov 28, 2017 - Economy & Business

Disgraced American Apparel Founder stages retail comeback

Los Angeles Apparel founder Dov Charney. Photo: Reed Saxon / AP

Dov Charney, the former CEO of American Apparel who was ousted in 2014 amid accusations of sexual misconduct, is back in the retail game after the official opening of Los Angeles Apparel's first retail location, Women's Wear Daily reports.

Los Angeles Apparel was launched last year as a wholesale manufacturer of American-made apparel, and Charney has ramped up his operations by relying on the same retail buyers as American Apparel did during its rise to a $630 million company in the throughout the 2000s and in the early part of this decade.

Why it matters: Charney has been accused of the very same behavior that has derailed the careers of many big-name actors, politicians, and businessmen.

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Axios

Updated 21 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

Global: Total confirmed cases as of 9 a.m. ET: 31,092,895 — Total deaths: 961,301— Total recoveries: 21,274,210 — Map.
U.S.: Total confirmed cases as of 9 a.m. ET: 6,812,470 — Total deaths: 199,517 — Total recoveries: 2,590,671 — Total tests: 95,108,559 — Map.
Health: CDC updates guidances to say coronavirus can be spread through the air — Nursing homes are evicting unwanted patients.
Politics: Testing czar on Trump's CDC contradictions: "Everybody is right."
Education: College students give failing grade on return to campus.
Business: Unemployment concerns are growing.
World: "The Wake-Up Call" warns the West about the consequences of mishandling a pandemic.

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Ben Geman, author of Generate

52 mins ago - Energy & Environment

The climate stakes of the Supreme Court fight

Illustration: Aïda Amer/Axios

Ruth Bader Ginsburg's death and the battle over her vacant Supreme Court seat have real implications for energy and climate policy.

Why it matters: If President Trump replaces her, the court will likely become more skeptical of regulations that claim expansive federal power to regulate carbon under existing law, and perhaps new climate statutes as well.

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Dion Rabouin, author of Markets

1 hour ago - Economy & Business

The tech war between the U.S. and China escalates

Illustration: Aïda Amer/Axios

Economic tension between the U.S. and China continues to escalate but is shifting in focus — away from the tit-for-tat trade war and toward a more direct confrontation over the future of technology at the heart of the conflict between the world's two largest economies.

Why it matters: The battle between the U.S. and China was always about tech supremacy and the direct confrontation could result in an accelerated splintering of global supply chains and a significant reduction of international commerce.