Axios

There's a new shift from prior thinking that companies could steer clear of mandating vaccines for their workers.

Driving the news: Morgan Stanley said this week it would ban unvaccinated people from offices, while JPMorgan warned a mandate could be on the way.

A man attempted to breach the cockpit of a SkyWest Airlines flight late Friday at LAX as the plane was taxiing on the runway. After failing, he managed to open an emergency exit door and left via the inflatable slide, a local NBC affiliate reported. 

The state of play: SkyWest officials said that no passengers suffered injuries. Following the incident, the plane returned to the gate area. The man was apprehended on the taxiway, he was treated for his injuries and taken to a hospital, per NBC. 

In the absence of broad financial restitution to the descendants of slaves and Black Americans, some people are taking to Twitter to ask for reparations — and transacting through Venmo and Cash App. 

Why it matters: The significant wealth gap in the U.S. between Black and white Americans is the direct result of slavery and systemic racism. Reparations as a potential solution to close that gap is highly divisive, but in motion. 

A recent crash course in “extreme military counter-terrorism training” as part of a promotional event for a video game is sparking conversation about how the industry dehumanizes and glorifies violence against Middle Easterners.

Why it matters: The game industry's depiction of characters of Middle Eastern descent is one-sided, often portraying them as terrorists and faceless enemy fodder.

Twilio (NYSE: TWLO) and Asana (NYSE: ASAN) each agreed to dual-list their shares on the Long-Term Stock Exchange, becoming the first companies to do so.

Why it matters: LTSE eschews short-term gains in favor of longer-term values like ESG and transparency, and these initial listings could give other companies the confidence to sign on.

President Biden yesterday announced "we have a deal" on an infrastructure bill, while surrounded by a bipartisan group of senators in the White House driveway.

Between the lines: No they don't. Unless you want to make the word "deal" as squishy as the word "infrastructure" has become.

Shares for ad tech firms soared Thursday following news from Google that it would continue support for tracking cookies in its Chrome browser for two more years, postponing a long-planned move to end the practice.

Why it matters: The end of third-party tracking cookies represents a fundamental shift toward privacy in the internet world. But the advertising industry is woefully unprepared.

The price of goods and services grew 0.5% in May, slightly slower than the expected 0.6%, according to the core personal consumption expenditures (PCE) price index released Friday morning.

Why it matters: May's monthly reading shows a deceleration in the Fed's preferred measurement for inflation, from 0.7% in April. This, as the economy reopens, follows the directional trend of the latest consumer price index, which slowed from 0.8% to 0.6% from April to May.

A new Census report on durable goods orders released Thursday confirms businesses are confident — and they’re spending money on themselves.

Why it matters: Core capital goods orders, or those for durable goods that aren’t aircraft or defense-related, collapsed in 2020 amid the pandemic. Now companies are spending again — on themselves as well as on share buybacks and M&A.

The Department of Labor’s weekly tally of initial claims for unemployment insurance has become an unreliable economic indicator.

Why it matters: Initial claims data has been popular among economists, traders and forecasters because it’s published more frequently than any other major report on the economy.

BuzzFeed's announcement Thursday that it plans to go public via a special purpose acquisition company (SPAC) marked the end of a long era of uncertainty for the company, which helped pioneer the digital media industry.

• It's targeting a $1.5 billion valuation upon combining with 890 Fifth Avenue Partners, Inc., a blank-check company.

Columbus, Ohio, was transformed by new mobility technology over the past five years after winning the coveted Smart Cities Challenge, and it plans to keep innovating after completion of the project.

What's happening: Dubbed Smart Columbus, the city says the mobility initiative will continue as "an agile, collaborative innovation lab" focusing on "what is new and next at the intersection of technology and community good."

Just half of younger Americans now hold a positive view of capitalism — and socialism's appeal in the U.S. continues to grow, driven by Black Americans and women, according to a new Axios/Momentive poll.

Why it matters: The pandemic has caused millions of Americans — including many younger Republicans — to re-evaluate their political and economic worldview. That's likely because of two factors: a renewed focus on deep societal inequalities and the tangible upsides of unprecedented levels of government intervention.

Mental health care provider LifeStance Health has traded publicly for two weeks, and its stock has soared 57% from its $18 IPO price, giving the company a $10.6 billion valuation.

Why it matters: LifeStance's business rests on the idea that future demand for mental health services will continue to grow in the wake of the pandemic.

People aren't working from the office, but they're not working from home either.

The big picture: As the world begins to move past the pandemic but holds onto remote work, we're seeing the rise of "third workplaces" — teleworking spots in cafes, hotels or co-working spaces.