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Adam Tinworth / Flickr CC

In a company-wide meeting two days after explosive allegations of sexual harassment and sexism from a former employee, Uber CEO Travis Kalanick "spoke very honestly about the mistakes he's made — and about how he wants to take the events of the last 48-hours to build a better Uber," according to a blog post from board member Arianna Huffington.

"It was great to see employees holding managers accountable. I also view it as my responsibility to hold the leadership team's feet to the fire on this issue," added Huffington, without providing further details of the conversations. The company spent more than an hour discussing women's experiences in the workplace, she said.

Why this matters: As a fast-growing company in the last few years, Uber chose not to focus its HR efforts on diversity and areas outside of hiring (and firing), as Recode recently noted and Axios has also heard. This is likely one of the mistakes Kalanick discussed during the meeting and where efforts after investigation of the allegations could focus.

Go deeper

Updated 16 mins ago - Politics & Policy

Inauguration Day dashboard

Screenshot: Fox News

President Trump has delivered a farewell speech and departed Washington for the last time on Air Force One, kicking off the day that will culminate with President-elect Joe Biden taking office.

What's next: The inaugural celebration for young Americans is being livestreamed, starting at 10am.

Updated 33 mins ago - Politics & Policy

Trump departs on final Air Force One flight

President Trump and his family took off on Air Force One at 9 a.m. on Wednesday morning for the final time en route to Florida.

The big picture: Trump's final hours as president were punctuated by his decisions to snub his successor's inauguration and grant pardons to many of his allies who have been swept up in corruption scandals.

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.