Feb 20, 2017

It's up to Uber's investors to demand a change in culture

Adam Tinworth / Flickr CC

Responding to a former Uber engineer's allegations of widespread sexism at the company, Uber CEO Travis Kalanick has called for an "urgent investigation" and threatened to fire anyone found behaving or thinking along the lines of those described.

But even a cursory read of Susan Fowler Rigetti's harrowing post shows a series of alleged events that could not have been caused by one abhorrent manager or a rogue HR person. It implicates an entire culture and raises questions of whether Uber's board and management have the will to change it.

Who's already speaking out: In addition to Kalanick's comments, some early Uber investors are chiming in:

What to watch for: Any comments from the board and the results of Uber's investigation. Also, the public response. Will there be yet another #DeleteUber movement?

Go deeper

In photos: Trump visits Taj Mahal after massive rally in India

President Trump and First Lady Melania Trump at the Taj Mahal. Photo: Mandel Ngan/AFP via Getty Images

President Trump visited India's Taj Mahal on Monday, hours after telling a massive crowd at a rally in Ahmedabad that he hopes to reach a trade deal with his "true friend" Prime Minister Narendra Modi during his two-day visit to the country.

Why it matters: The countries are forging deeper ties as India’s location, size and economic growth make it the "obvious counterweight to China" for American policymakers.

Go deeperArrowUpdated 3 mins ago - World

Coronavirus stress tests drug industry's dependence on China

A Hong Kong commuter wears a face mask. Photo: Miguel Candela/SOPA Images/LightRocket via Getty Images

It's unclear whether the rapid spread of the novel coronavirus will actually result in prescription drug shortages, but it has undoubtedly highlighted the potential vulnerabilities of having the supply chain for American drugs so dependent on China.

Driving the news: About 150 prescription drugs — including antibiotics, generics and some branded drugs without alternatives — are at risk of shortage if the coronavirus outbreak in China worsens, per two sources familiar with a list of at-risk drugs compiled by the Food and Drug Administration.

Bernie's path to the presidency

Sen. Bernie Sanders speaks yesterday during a rally at Houston University. Photo: Mark Felix/AFP via Getty Images

Lots of Democrats are in full panic that Bernie Sanders will win the nomination and get clobbered in the general election — and bring the party down, too. But the evidence, particularly the polling, doesn't back those doomsday warnings.

Why it matters: Virtually every national and swing state poll shows Sanders tied with or beating President Trump.  And, unlike every rival, he has a huge base of fervent, unshakable supporters he can only grow.