Air Canada said Wednesday the company would begin requiring all employees to get vaccinated against the coronavirus by Oct. 30, or risk termination or unpaid leave.
Why it matters: The announcement comes as other airlines have instituted their own vaccine policies, with Delta Airlines imposing a monthly $200 surcharge on unvaccinated employees enrolled in the company's health care plan.
It’s unclear if the upcoming Nintendo Switch release “No More Heroes 3” is good or bad, but an outcry over its review embargo raised a red flag.
Driving the news: A restriction that would have blocked critics from reviewing the game until nine hours after it went on sale was altered last night in a reminder of how fraught the game-reviewing process tends to be.
Delta Air Lines' decision to charge unvaccinated employees an extra $200 per month for health insurance signals that rewards alone aren't doing enough to measurably increase rates of COVID-19 vaccination.
Why it matters: Employers are playing a central role in getting more people vaccinated, but it's unclear how much, or if, these types of penalties will help.
Delta Air Lines will impose a monthly $200 surcharge on unvaccinated employees enrolled in the company's health care plan, CEO Ed Bastian announced in a memo Wednesday.
Why it matters: The move makes Delta the first major U.S. company to impose a monetary penalty on workers who choose to remain unvaccinated, according to Bloomberg.
Sweetgreen, the quick-service restaurant chain that recently filed for an IPO, acquired Spyce, an automated kitchen startup that operates two of its own restaurants in Boston.
Why it matters: This is all about pandemic consequences. For Sweetgreen, that means hedging against labor shortages like the one currently impeding all service industries. For Spyce, which planned to both sell its robotic tech and build its own restaurant brand, that's an acknowledgment that the latter was too difficult in this environment.
OnlyFans, an online creator platform known for its adult content, announced via Twitter Wednesday that it has dropped plans to ban sexually explicit content on its platform in October.
Why it matters: The move comes after the proposed ban sparked an outcry from sex workers who relied on the platform to safely make a living.
Even as the Delta variant continues to spread across the U.S., America’s workforce is relatively unconcerned about its job security.
Driving the news: According to the latest Morning Consult/Axios Inequality Index survey, the share of individuals who think they might lose their jobs in the next four weeks is far lower than when the wave of COVID outbreaks hit last fall.
Best Buy reportedsurprisingly strong Q2 sales and earnings. The company also had some surprising things to say about customer behavior. Bullish things.
Why it matters: The distribution of COVID vaccines and the reopening of the economy came with an expected shift in spending toward experiences and less on goods.
An environmental group with ties to the White House is pressing the Biden administration to emphasize climate change as it considers nominees to the Federal Reserve.
Driving the news: Evergreen Action, in a new memo shared with Axios, lays out five actions they want from the Fed.
WeWork's OnDemand product that lets anyone book office space for an hour at a time is going international, expanding from the U.S. to the United Kingdom, Ireland, Singapore and Australia.
The big picture: The pandemic has given rise to a remote and hybrid work revolution, but that doesn't always mean working from home. WeWork is betting that "third workplaces" — like its offices around the world — will become hotspots for teleworkers.
United Airlines CEO Scott Kirby tells Axios that his early decision to mandate COVID-19 vaccines for all of his nearly 67,000 U.S. workers was an easy one: He's already seen too many employees die.
What he's saying: “For me, the fact that people are 300 times more likely to die if they’re unvaccinated is all I need to know," Kirby said. "It's about saving lives."
A California judge declared a mistrial Tuesday in attorney Michael Avenatti's embezzlement case, in which he's accused of stealing nearly $10 million in settlement funds from clients.
Why it matters: It's rare for a mistrial to be declared in such cases as faced by the lawyer best known for previously representing adult film actor Stormy Daniels in her lawsuit against former President Trump.
