FROM Alison Griswold
Uber CEO Travis Kalanick resigns Uber may have changed transportation practices all over the world, but it lost almost $3 billion last year. Yesterday, after hours of reported drama, Uber's founder, Travis Kalanick, was forced by investors to resign as the company's CEO. Alison Griswold, who reports for the online business publication Quartz , says Kalanick will remain on the board and holds a significant share of the company.
Airbnb Targets China Last year, Chinese tourists made 109 million trips out of the country. Now, Airbnb wants a piece of that action. Last June, the company raised a stunning $1.5 billion from investors and just announced that it’s planning to use some of that money to set up shop in China. What are the challenges?
Uber Battles Itself At a New York dinner party, Uber’s senior vice-president, Emil Michael, reportedly proposed a million-dollar opposition-research type campaign against reporters who have criticized the company. The dominant company in America’s ride-sharing business may be harming its own reputation by alienating the very people who use its service. That’s according to Alison Griswold of Slate.com , who’s written a lot about Uber.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.