David Lidsky's Blog, page 315

Philadelphia transit workers union reaches deal to avoid strike

The one-year agreement calls for union members to receive a 5% raise and an unspecified pension adjustment.

Philadelphia’s mass transit system has reached a tentative contract deal with its largest workers union, averting a potential strike that could have seen thousands of employees walk off the job.

Congress’s transgender bathroom ban is a grim preview of what’s coming to American workplaces under Trump

The first openly trans woman in Congress is already facing attacks from colleagues. Business leaders need to be ready for when this issue comes to their offices.

Donald Trump closed out his 2024 campaign with a promise to fight against “transgender insanity.” Now, that fight is playing out within the halls of Congress.

Nvidia stock dips on earnings despite eye-popping 94% revenue growth as AI demand holds strong

The artificial intelligence chipmaker reported record revenue of $35 billion as the AI boom continues, but offered a more tempered forecast than some analysts expected.

In what’s become a must-watch event for Wall Street types: Nvidia released its latest earnings report after Wednesday’s market close, showing numbers that beat analysts’ estimates.

Delta CEO says the Trump administration will be a ‘breath of fresh air’ for government regulation

Delta and other airlines are suing President Biden’s DOT to kill a rule requiring greater transparency over fees that the carriers charge their passengers.

The chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he calls government “overreach” under President Joe Biden.

60% of Americans aren’t getting the updated COVID vaccine: Here’s who’s opting out and why

According to a new report from Pew Research, a majority of people are either concerned about the vaccine’s side effects, or simply don’t think it’s necessary anymore.

The COVID-19 lockdowns of 2020 seem to have all-but-faded from American memory. While the Centers for Disease Control and Prevention (CDC) has recommended that everyone older than six months get the vaccine, noting that it’s particularly important for adults 65 or older, 60% of Americans say they will not be getting an updated vaccine, according to a new report from Pew Research.

Mental health worsened for young women in states with abortion bans—but for young men, it was the opposite

After the Supreme Court struck down ‘Roe v. Wade,’ women of childbearing age reported increased anxiety, while men without children reported a decrease in such symptoms.

A new study published in Contemporary Economic Policy says women of childbearing age reported increased rates of anxiety in states where abortion bans were enacted in 2022, following the U.S. Supreme Court’s overturning of Roe v. Wade.

Climate change is driving a home insurance crisis. Here’s how insurers assess risk

Insurance companies are facing rapidly evolving risks and trying to price their policies low enough to remain competitive but high enough to cover future payouts and remain solvent in a stormier climate.

Home insurance rates are rising in the United States, not only in Florida, which saw tens of billions of dollars in losses from hurricanes Helene and Milton, but across the country.

Postelection blues? This Italian village wants you—and they’ll sell you a house for (about) $1

Ollolai invites weary Americans to embrace a simpler Mediterranean lifestyle after the contentious 2024 election.

Retiring to an island or a slower-pace European town is not an uncommon pipe dream. However, one Italian village is trying to make it easier for Americans to turn that dream into a reality.

How climate change is encouraging bad toilet practices in vulnerable places

Climate change makes toilets more likely to break, which leaves people more likely to “go” outside. This is a huge source of pollution and a major risk to human health.

Everyone knows that climate change has consequences, such as a higher likelihood of severe floods, hurricanes, and droughts. But here’s a lesser-known problem: Climate change makes toilets more likely to break, which leaves people more likely to “go” outside.

News influencers are overwhelmingly male. No wonder there’s a Republican bias

As trust in mainstream media fades, influencers are acting like the next generation’s news anchors. Two-thirds of them are men.

“News influencers” are social media translators, conveying the day’s biggest stories via TikTok commentary or Instagram graphic. They also happen to be overwhelmingly male.