Three States Pass Restrictive Abortion Laws, Igniting Concerns Over A Future Supreme Court Case Challenging Roe v. Wade

  • ABORTION LAWS: Three states passed restrictive abortion laws this week: Georgia, Alabama and Missouri. While it is still legal to get abortions in those states now, when the laws go into effect, most pregnant folks won't be able to access the necessary health care service. Things are bad, but if you want to make change, reach out to your representatives on a state and local level, and sign up to volunteer at your local abortion provider. Donate to groups like the Yellowhammer Fund. New York magazine has a great list of ideas on what to do here

  • TURBOTAX SCAM CONTINUES: It turns out that TurboTax forced a lot of people to pay to do their taxes who shouldn't have. ProPublica has more. 

  • OPIOID EFFECT: One opioid maker, Insys Therapeutics, told shareholders this week that it could be forced to file for bankruptcy, The Wall Street Journal reports. Its stock tanked 74% as a result. 

  • THERANOS 2.0?: Startup uBiome is using stock photos for customer testimonials on its website, The Wall Street Journal reports.

  • LGBTQ FAMILIES: The Trump administration has started de-recognizing the U.S. citizenship of children born to same-sex couples who are U.S. citizens, the Daily Beast reports. 

Donald Trump Wrote Down More Than $1 Billion In Tax Losses, His Former Chief Of Staff Profits From Role With New Board Seat

BILLION DOLLAR LOSER: President Donald Trump's tax returns show that he has written down at least $1 billion in business losses, according to the New York Times

  • ABORTION BAN = FORCED BIRTH: Georgia governor Bryan Kemp signed a bill into law this week that would prevent abortions in the state after six weeks. The bill criminalizes abortion, which means that women who attempt to leave the state to have the procedure, or who attempt it illegally could be charged with murder,Slate reports. 

  • HIDDEN DATA: The Consumer Financial Protection Bureau has moved to limit home loan data, which would severely limit the public's ability to keep an eye on discriminatory lending practices, according to Reveal

  • #FREEBLACKMAMAS: Black Lives Matter is working to raise bail money for black incarcerated mothers this weekend, per Medium.

  • FACE BREAKING: The co-founder of Facebook is now calling on the government to break the company up on the basis of it being a monopoly, per New York Times Opinion.

  • QUESTIONABLE BOARD SEAT: Former White House chief of staff John Kelly now sits on the board of a company, Caliburn International, that operates the largest shelter for migrant children, CBS reports. Seems suspect...

Several Publicly-Traded Companies Paid $0 in Federal Taxes, 50 Cent Got His Money By Monday

  • ZERO TAXES: Several publicly-traded companies including Amazon and General Motors paid $0 in federal taxes in 2018. Voters, according to The New York Times, are fed up.

  • CALLED OUT: Brown Brothers Harriman, a major investment firm, is advertising its financial advisory services for women. One problem, though, as Ellevest points out: The firm doesn't have all that many women employed in its top ranks.

  • BILLIONAIRES WORRIED: Some of the top-earning Wall Streeters are sounding the alarm on class inequality, DealBook reports. But it seems like their concerns are driven by concerns about economic growth, not because they think this is a problem that needs to be solved. Your thoughts? 

  • LIVE-IN HELP: Want to know why top-earning men are able to earn so much? It turns out that many of them have partners who stay at home, Quartz reports.

  • MONEY BY MONDAY: There truly is nothing better than a public feud between celebrities, especially one involving money. Lala Kent from Vanderpump Rules squared off with 50 Cent (also known as 'Fofty') last weekend. The Cut explains why. 

Tax Filing Bill Under Scrutiny, Private Equity Firms are Investing in EVERYTHING

  • TURBO SCAM: Turbotax makes it incredibly hard to file taxes for free, ProPublica reports.

  • THEY DID WHAT?: A former junk bond saleswoman for Cantor Fitzgerald wants to have her day in court company, claiming that her former co-workers allegedly sexually harassed her, Bloomberg reports. Lee Stowell claims her coworkers defecated in her Bernie Sander mug among other offenses. No wonder Cantor Fitzgerald wants to keep the case in mandatory arbitration and out of the public eye. 

  • SOROS FUND MANAGEMENT: The woman leading the Soros family office, Dawn Fitzpatrick, is making sweeping changes at the $25 billion firm, The Wall Street Journal reports. 

  • DEUTSCHE FOR SALE: UBS and Deutsche Bank are reportedly in serious merger talks, according to the Financial Times

  • TESLA TANKS: Tesla reported earnings this week and the results left something to be desired, according to The Wall Street Journal

Market Ignores Mueller Report, Billionaires Finance Notre Dame Rebuild

MUELLER REPORT: The Mueller Report, which details the months-long investigation into President Donald Trump, landed Thursday. While some expected that the stock market would falter as a result of the findings, it largely shrugged things off, Barron's reports

  • TWO QUEENS: Janelle Monae interviewed Lizzo for them. Need we say more?

  • SERENA: Ever wonder how Serena Williams invests? Now you can find out by checking out her venture capital fund's website

  • FED: Herman Cain is still under consideration for the Federal Reserve Board, despite concerns about his experience. Now, one woman who says Cain sexually harassed her has offered to describe to the Senate Banking Committee how his private parts look to corroborate her story, the Daily Beast reports.

  • NOTRE DAME: The Notre Dame burned this week, and private equity giants are stepping in to help defray the costs, Institutional Investor reports.

  • MLM: Is academia an MLM? Anne Helen Petersen ponders the question in her newsletter. Bonus reading: The Gentrification of the Mind by Sarah Schulman

  • INFLUENCERS AND "FEMINISM": Influencers love to bastardize the term "feminism," but at what cost? Blue Collar Red Lipstick explores the issue on her blog. 

Netflix, Jones Day Face Discrimination Lawsuits From Former Female Employees

  • DISCRIMINATION SUITS: A former Netflix executive, Tania Zarak, says she was fired from the company because she got pregnant. She filed a lawsuit against the company this week, Vox reports. Major law firm Jones Day was also sued this week by six former female employees, who allege that the firm discriminated against them based on their gender, The New York Times reports.

  • BEZOS DIVORCE: The divorce between Amazon founder Jeff Bezos and his wife, novelist and nonprofit head Mackenzie Bezos, has been finalized. Mackenzie is set to receive 4% of Amazon's common stock, according to Marketwatch

  • CAIN TO THE FED: President Donald Trump is set to name former presidential candidate Herman Cain to the Federal Reserve Board, Axios reports. Cain previously served on the Federal Reserve Bank of Kansas, but he does have a history of sexual harassment.  

  • VAWA PASSES HOUSE: The House of Representatives has passed a stricter version of the Violence Against Women Act, Politico reports. 

New York Files Suit Against Sackler Family, Lyft Readies Itself To Go Public

  • SACKLER SUIT: New York State announced Thursday that it will sue the Sackler Family, which owns OxyContin maker Purdue Pharma, The New York Times reports. The Sacklers allegedly helped mislead the public about the addictive potential of OxyContin. 

  • LYFT VS. UBER: Lyft is set to launch its initial public offering Friday, and has been battling Uber for funding, The Wall Street Journal reports. 

  • SEXUAL HARASSMENT STARTUP: Simone, a fledgling startup, is working to connect people who have been sexually harassed or assaulted at work with lawyers, therapists and career coaches, Fortune reports. 

  • J. CREW FALTERS: J. Crew is restructuring its debt for the second time this year, thanks to faltering sales and a dwindling cash pile, Reuters reports. 

  • AVENATTI TARGETED NIKE?: Stormy Daniels' former lawyer, Michael Avenatti, was arrested this week for allegedly trying to extort Nike for up to $25 million, CNBC reports. 

Hedge Fund Star Accused of Harassment, Glossier Surpasses $1 Billion Valuation

  • HARASSMENT ACCUSATIONS: Hedge fund magnate and the co-founder of Birthright Israel, Michael Steinhardt, allegedly engaged in sexual harassment, the New York Times reports. 

  • CAT MARNELL? TAXES?: New York party queen, author of "How To Murder Your Life" and former xoJane columnist Cat Marnell pays taxes now, The Cut reports. A gem from the interview: "Everyone’s always like, 'Oh, she has daddy’s money.' First of all, that’s very sexist. It was always my grandmother’s money."

  • GLOSSIER SURPASSES $1B: Beauty startup Glossier has surpassed a $1 billion valuation, The Wall Street Journal reports. 

  • UNDERSERVED: Ro, the startup that brought you those risque subway ads, has launched a platform called Rory for women with menopause, Fortune reports. 

  • BAD BLOOD: Have you watched the Theranos documentary on HBO yet? If you can't get enough (and if you've already read the book and the news stories, and listened to the podcast), Tavi Gevinson has a spot on imitation of Elizabeth Holmes.

Celebrities, Financiers Charged in College Admissions Bribery Scheme

  • BRIBED: Approximately 50 celebrities, financiers and other wealthy folks were indicted this week for allegedly bribing college athletic staff to accept their children or for bribing a college test prep center to change their children's entrance exam scores, The New York Times reports. If you want deets on the financiers involved in the scheme, check out Institutional Investor's story. 

  • DOING THINGS: Ever wonder how Outdoor Voices become so popular? Jia Tolentino profiled the business for The New Yorker this week. 

  • BANKRUPTCY: Not all companies that file for bankruptcy close their doors. Vox explains why. 

  • WARREN BUFFETT'S BIG PROBLEM: Berkshire Hathaway, the veritable empire of companies owned by legendary investor Warren Buffett, has a problem: its workers' compensation unit is being investigated by New Jersey regulators, the New York Post reports. 

  • SAFE SPACES: Autostraddle has a great piece on making activist spaces safe for everyone. 

  • WOMEN'S HEALTH: New York had a busy week when it came to women's healthcare. Thousands of backlogged rape kits were tested, and as a result, 64 attackers were convicted, The New York Times reports. But pelvic exams can still take place without consent in the state. A set of new bills introduced this week aims to change that, Politico reports. 

La Croix's Price Tanks After Earnings, Martin Shkreli is Running His Drug Company From Jail

  • LA CROIX CRATERS: The maker of La Croix, National Beverage Corp., saw profits fall 36.9% during the three months ending January 26, CNBC reports. The beverage company blamed the profit loss on "injustice," although it is unclear what sort of injustice they mean.

  • FIRE BROS: Have you heard of the FIRE movement? It promises Financial Independence and Retiring Early, and it's chock full of batshit bros, according to Mel. Check out the article and then learn about the women of the FIRE movement (who happen to be very cool!).

  • PREMIUM MEDIOCRE: Have you noticed that more upgrades are within your reach, but that they're not exactly fancy? You're not alone. The Business of Fashion explains the rise of premium mediocre in a December op-ed. 

  • SHKRELI'S BACK: Drug price gouger Martin Shkreli is apparently running his company from jail, The Wall Street Journal reports. 

  • BANKRUPTCY: The drug company behind Oxycontin, Purdue Pharma, is considering filing for bankruptcy, Reuters reports. 

The Traumatic Job of Monitoring Facebook Posts; 53 Victoria's Secret Stores Set to Close

  • MUST READ: If you read anything this weekend, make sure it's this story from The Verge on the people who moderate Facebook's "reported" posts. The workers, who get paid hourly, are exposed to traumatizing material on a regular basis, all while given few freedoms by their employer, according to the report.

  • VICTORIA'S SECRET CLOSINGS: After another tough quarter, L Brands, the parent company of Victoria's Secret, announced that it will close more than 50 retail stores, Business of Fashion reports. 

  • YELLEN IS YELLIN': Former Federal Reserve Chair Janet Yellen told Bloomberg this week that President Donald Trump doesn't understand how the central bank works. 

  • ECONOMIC GROWTH: The American economy grew again during the fourth quarter of 2018, swelling by 2.6% during the quarter, the Wall Street Journal reports. This is a continuation of a decade-long expansion for the U.S. economy. 

  • HELPING WOMEN: Want women working in retail to advance into management? The Harvard Business Review has a list of 12 ways to do it. 

Pinterest Will Go Public This Spring, The Lip Bar Opens Its First Brick and Mortar Location

  • PINTEREST IPO: Tech company Pinterest has filed to go public with a valuation of at least $12 billion, The Wall Street Journal reports. Translation: you will soon be able to buy and sell shares of the company.

  • MAKING MONEY MOVES: Cosmetics company The Lip Bar has opened its first brick and mortar store in Detroit, Crain's reports. Amanda spoke with the company's founder just one year ago. Check out what she shared here

  • MUTING, NOT CANCELING: Thinking about how cancel culture affects the community? Us too. This blog post on muting, rather than canceling, was illuminating.  

  • LET THEM BE HOBBIES: Don't give into the modern trap of turning hobbies into hustles, according to Man Repeller.

  • HAIR PEACE: New York City has made it illegal to discriminate based on someone's hairstyles, which provides a legal recourse for those who have been harassed or punished based on how they wear their hair, the New York Times reports.

Amazon Cancels HQ2; A Reckoning is Afoot for Music's Bad Men

  • BYE BYE HQ2: Online retail giant Amazon abruptly announced Thursday that it has canceled the opening of its second headquarters. The company had planned to open the second office space in New York, where it would have created 25,000 jobs (and likely displaced thousands of Queens residents), Reuters reports.

  • THERE'S ANOTHER VIDEO: Another video that allegedly features R&B star R. Kelly sexually assaulting an underage girl has surfaced, the New Yorker reports. Prosecutors are moving to indict Kelly using this video as evidence, which means he could face jail time for his actions. 

  • AND THEN THERE'S RYAN ADAMS: The alternative rock star promised musical success to several younger women, including his ex-wife Mandy Moore and indie darling Phoebe Bridgers, the New York Times reports. But these women and others say Adams turned abusive, threatening suicide and sexually harassing them, often to the detriment of their own music careers. 

  • GOVERNMENT SHUTDOWN: President Donald Trump will both sign the latest funding bill passed by Congress and declare a national state of emergency, CNN reports. 

  • WORKWEAR REPORT: Can grown women wear bows? While She Spends supports any and all bow journeys, public opinion on the accessory is mixed, according to The Wall Street Journal.

BB&T Acquires SunTrust, China Trade Tensions Ramp Up (Again)

  • BIG BANK DEAL: SunTrust Banks has been acquired by BB&T in the largest bank merger since the financial crisis, Reuters reports. The deal is interesting from a regulatory perspective: it's unclear whether it'll pass FTC muster. Have an account with either bank? Stand by for deal approval from the regulatory body before expecting to hear any changes to your account.

  • TRADE TENSIONS: A tariff deadline is looming: President Donald Trump promised to raise taxes on imported Chinese goods on March 1, Bloomberg reports. While Trump had said he would meet with Chinese President Xi Jinping in late February, that meeting no longer seems to be on the table.

  • CHANGING THE WORLD ON A 40 HOUR WORK WEEK: In response to theNew York Times piece on hustle culture that we featured last week, Jennifer Chanshared her thoughts on how workers can still change the world, without devoting their lives to their work.

  • CROWD-FUNDED: Candice Payne, an ordinary woman living on Chicago's South Side, managed to help 30 homeless folks into hotel rooms during last week's cold snap with money she raised through crowdfunding, the New York Times reports. 

  • MONEY REMIX: We are officially obsessed with this Girl Scout troop's remix of Cardi B's Money. (related: it's cookie season, so don't forget to support your local Girl Scout troop!)

GOVERNMENT SHUTDOWN WEARS ON WORKERS, SLOWS ECONOMIC GROWTH

  • GET A LOAN: Commerce secretary Wilbur Ross said Thursday that he didn't understand why federal workers, who are about to miss their second paycheck due to the government shutdown, are turning to food banks, NPR reports. According to Ross, these folks should get bridge loans instead. 

  • RAISE RULES: Women are far more likely to ask other women for raises than they are to ask men for those raises, new research shows, according to Aeon

  • WAGE GAP: And in more dismal wage gap news, the most common ways companies identify a gap between what they pay men and women could be faulty, according to the Harvard Business Review

  • ILLUSTRIOUS ERROR: American Illustration, a yearly collection of art, attempted to highlight the gender divide between men and women's works in this year's collection. However, the group's choice to make women's images 17 percent smaller than those created by men is not sitting well with the art community. Check out these Twitter threads to learn more.

  • GROWTH SLOWS: The U.S. economy is growing at a slower rate thanks to the government shutdown, CNBC reports.

  • FRIDAY INSPO: Paying off your credit card is a form of self-care, per some Twitterinspo

GOVERNMENT SHUTDOWN DRAGS ON, MAKING THINGS DIRE FOR WORKERS

  • SHUTDOWN CONTINUES: And things are getting dire for federal workers who are working without pay. While corporations are attempting to lighten the load for these workers, the fact remains that they have gone two pay periods without receiving money, Vox reports. 

  • ECHOING EFFECTS: The shutdown also affects domestic violence shelters, which are cutting services because they aren't receiving the federal funding they need to stay open, the Huffington Post reports.

  • REMEMBERING BOGLE: Jack Bogle, the creator of Vanguard and the man who made it much easier for individuals to invest in the stock market, has died,Institutional Investor reports.  

  • MORGAN STANLEY SUIT: A Morgan Stanley banker who was fired after her maternity leave has written to the company's CEO asking to get out of her arbitration so she can sue the company, Bloomberg reports. 

  • BE BETTER: Companies often say they are committed to diversity, but they often aren't all that supportive of their black workers. The Harvard Business Review has some ideas on how companies can do better by their workers of color. 

Markets Rally For Five Days Straight, U.S. Government Remains Shut Down

  • DON'T CALL IT A COMEBACK: At least, not yet. The markets rallied this week, posting the first five-day-long gain since September, CNBC reports. 

  • SHUTDOWN UPDATE: The ongoing government shutdown isn't just costing federal workers their paychecks. It could also cost the United States its triple-A credit rating, according to Axios

  • HE'S NOT RUNNING: Ex-hedge fund executive Tom Steyer held a press conference this week to announce that he is focusing on impeaching President Donald Trump instead of running for president, Institutional Investor reports. 

  • #METOO: Have you been watching Surviving R. Kelly? The Lifetime series is returning the focus of the #metoo movement to black women and girls, which according to one New York Times opinion piece, is where the focus should remain. 

  • FED FEAR: Federal Reserve chairman Jerome Powell said Thursday that he is worried about the growing pile of debt in the United States, CNBC reports. 

Government Remains Closed as Market Flounders

  • NEW YEAR, NEW MARKET?: The NASDAQ and Dow Jones Industrial Average, two indexes that measure how well the stock market is performing, are still struggling in the New Year. While we haven't reached a bear market yet, one could be in the card this year, analysts say, according to Marketwatch

  • PHARMA DEAL: Bristol Meyers Squibb has agreed to pay $74 billion for Celgene, inking the largest deal in pharmaceutical industry history. according toCNN

  • APPLE WOES: Tech giant Apple cut its first-quarter guidance on Wednesday after sales of the iPhone dropped in China, according to the Wall Street Journal

  • OUR BEST SKINCARE SECRET: It's money, and lots of it, according to The Atlantic

  • SHUTDOWN CONSEQUENCES: The federal government shutdown is hitting native communities particularly hard, according to the New York Times. These groups are reliant on federally funded food pantries and health clinics, which they receive in exchange for having given up so much land, according to the story. 

  • ICYMI: Over the holiday, Treasury Secretary Steven Mnuchin tweeted that he had made individual calls to the CEOs of the country's six biggest banks to ensure the had sufficient liquidity. According to CNBC, Mnuchin meant to telegraph that the economy is strong. Instead, the markets fell. 

Wage Gap Worse Than Initially Reported, Women Face a Commuting Gap Too

  • BAD NEWS: The gender wage gap is even worse than we thought, a new report published this week shows. Women make less than half of what men earn over the long term, according to the Huffington Post

  • MUST-READ: We love Call Your Girlfriend co-host Aminatou Sow's work diary in the New York Times this week. 

  • COMMUTING GAP: Women don't just deal with a wage gap - we face a commuting gap too. According to a new CNN report, women are paying more to commute to work daily than men. 

  • CASH FREE: A New York politician is working to make cash-free restaurants and other businesses a thing of the past, according to Grubstreet

  • PE-OWNED NURSING HOMES: When private-equity firm Carlyle Group acquired a nursing home, its patients suffered, a new report from the Washington Post shows. 

Democrats Win Back the House: What This Means for Your Retirement

  • DEMS TAKE THE HOUSE: A split Congress will slow down legislation on social security, Medicare and other retirement-related issues, MarketWatch reports.

  • VC FUNDING: Venture capital funding for female-founded startups is down this year, TechCrunch reports. Just 2.2 percent of VC money was invested in female-founded companies. 

  • UNBELIEVABLE: Christine Blasey Ford has had to move several times, and has been unable to return to her job as a professor, NPR reports. 

  • PE BALLOTS: Private equity firms are behind the three major voting machine companies, according to Bloomberg