National News at a Glance
Posted December 25, 2017 9:04 p.m. EST
Business Schools Now Teaching #MeToo, NFL Protests and Trump
Tim Vogus, a professor at Vanderbilt University’s business school, was stoking the debate in his classroom one day this fall, asking MBA students about one of the most successful companies of the day. On the syllabus was Uber, a case study in both business success and corporate misbehavior. “A toxic culture might be obvious when you think about Uber,” Vogus said. “But I’m an old person. What is this whole bro thing?” An MBA education is no longer just about finance, marketing, accounting and economics. As topics like sexual harassment dominate the national conversation, business schools are reshaping their curricula.
Don Hogan Charles, Lauded Photographer of Civil Rights Era, Dies at 79
Don Hogan Charles, who was the first black photographer to be hired by The New York Times, and who drew acclaim for his evocative shots of the civil rights movement and everyday life in New York, died on Dec. 15 in East Harlem. He was 79. His niece Cherylann O’Garro, who announced the death, said his family did not yet know the cause. In more than four decades at The Times, Charles photographed a wide range of subjects. But he may be best remembered for his photographs of key moments and figures of the civil rights era.
Steven Cohen Plans a New Hedge Fund. Investors Are Wary.
Steven A. Cohen, the billionaire investor whose career was nearly derailed by an insider-trading scandal, is days away from once again being able to manage other people’s money. Whether investors will hand over their money is another question. A two-year ban that barred Cohen from running a hedge fund because he had failed to properly police the actions of a trader at his former firm, SAC Capital Advisors, expires at year’s end. Cohen registered a new fund, Stamford Harbor Capital, in 2016. The goal is to capitalize on Cohen’s pre-scandal reputation as one of the industry’s best stock pickers.
In West Texas, a Mystery on the Border
President Donald Trump called it proof of the need to build a wall. To everyone, it seemed like an example of the dangers that Border Patrol officers face. But a month after a middle-of-the-night incident in which one Border Patrol agent was killed and another, who is said to have no memory of what happened, was severely injured, no one seems to know how the men came into harm’s way off an interstate in West Texas. It was initially thought to be an attack. But the FBI says it also was possible the men were hurt accidentally.
Cash Might Be King, but They Don’t Care
The other day at Dig Inn, a lunch spot in Manhattan, Shania Bryant committed a consumer faux pas. At the register, she held out a $50 bill. “We don’t take cash," the cashier said. Credit and debit cards were fine, as was the Dig Inn app. But the dollar was powerless. Cashless businesses were once an isolated phenomenon, but now cashless is fast on its way to becoming normal. But it is not quite normal yet. So the cashier at Dig Inn cut Bryant a break. "Just this one time, we’ll give it to you on the house,” she said.
Eric Garner’s 27-Year-Old Daughter Is in a Coma
The oldest daughter of Eric Garner, the black man whose dying calls of “I can’t breathe” after he was placed in a chokehold by a police officer became a protest chant across the country, has been hospitalized after a heart attack, her mother said Monday. Erica Garner, 27, was in a medically induced coma, her mother, Esaw Snipes, said. After her father’s death in New York in 2014, Erica Garner campaigned for police accountability, demanding justice for those who were killed during encounters with police. Garner was hospitalized Saturday, her mother said, after an asthma episode caused a heart attack.
Dismantling the Tappan Zee, Piece by Piece
The end is in sight for the old Tappan Zee. This now-haggard bridge, whose three-mile glide over the Hudson River north of New York City thrilled children seeing the bridge for the first time in the mid-1950s, and at its peak carried almost 140,000 cars a day, is growing shorter and more fragile. Having lost its reason for being when traffic was shifted to one of two replacement spans, its steel and concrete sections are being picked apart by crews of ironworkers and shipped off for use in other bridges and highways. After 62 years, the bridge’s time is up.