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Courtesy Bloomberg Businessweek

"The #MeToo Lawyer Fighting for Women in the Workplace: Tina Tchen is building up the Time’s Up Legal Defense Fund, which already has more than 2,000 potential clients," by Bloomberg Businessweek's Arianne Cohen:

Why it matters: "With 600 lawyers signed up and $21.7 million raised, the TULDF has more than 2,000 potential clients so far seeking legal counsel and representation as well as PR advice."

Tchen, former chief of staff to First Lady Michelle Obama, "pitched the National Women’s Law Center on the idea of administering a pool of money to help victims defray legal expenses. And that was that: The Time’s Up Legal Defense Fund ... was born."

Go deeper ... The new issue of Bloomberg Businessweek includes "how-tos" for navigating the workplace: file a complaint with the EEOC ... get paid what you deserve ... confront a colleague who offended you ... break an NDA.

Go deeper

32 mins ago - Health

FDA panel backs Merck's antiviral COVID pill

The Merck Cherokee Plant in Riverside, Pennsylvania. Photo: Paul Weaver/SOPA Images/LightRocket via Getty Images

A Food and Drug Administration advisory panel on Tuesday voted 13-10 to endorse an antiviral pill developed by Merck and Ridgeback Biotherapeutics to treat adults at high risk of becoming severely ill from COVID-19, despite concerns over its effectiveness and safety.

Why it matters: Oral antiviral drugs designed to prevent or treat COVID-19 could be key pandemic-fighting tools, if proven effective, especially as new variants emerge. If authorized, the Merck drug, known as molnupiravir, would be the first treatment of its kind to be made available in the United States.

Shooting at Michigan high school leaves 3 dead, 6 wounded

Screengrab: CBSN

Three people dead and six others are wounded after a shooting at a high school in Michigan according to the Oakland County Sheriff's Office.

Driving the news: The alleged shooter was a 15-year-old sophomore at Oxford High School and has been arrested, per police.

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

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