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*THINK FREELY — READ LBN
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*WHO READS LBN? Dr. Robert Kotler
*LBN-BUSINESS INSIDER: ***As once-plucky start-ups like WeWork grow — the company’s work force has swelled to 1,500 from 300 a year ago — they are taking a page from the playbook of big corporations, which are increasingly using arbitration to thwart employees from bringing any meaningful legal challenge in court, an investigation by The New York Times found last fall. Uber and Lyft, the ride-hailing services, make their drivers sign an arbitration clause. Square, the mobile payment processor, also requires that employees agree to bring disputes to arbitration. In advice to start-ups, Brotman Law, a tax firm in San Diego, promotes the benefits of arbitration for “companies doing business over the Internet,” emphasizing that it “can save significant costs.” Amazon and Google also use arbitration to resolve disputes with customers. ***If you’ve always dreamed of being Mr. Wonderful from “Shark Tank,” now is your chance. Starting Monday, new rules will permit anyone, not just the moneyed, to risk $2,000 a year or more investing in small companies in exchange for a stake in the business. Companies can raise up to $1 million a year this way. This change, years in the making, represents an enormous shift, one that essentially permits anyone to become a venture capitalist — with all the attendant risks of losing one’s shirt on a company that fails. Until now, only accredited investors, meaning those with an annual income of at least $200,000 or a net worth of at least $1 million, have been permitted to take equity stakes in most private companies. The wealthy “sharks” of the ABC reality television series got to risk their money, while the rest of us watched the action from the couch. ***Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc’s Internet assets. The Berkshire Hathaway Inc chairman is backing a consortium that includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy Yahoo’s online portfolio, Reuters reported on Friday
*LBN-COMMENTARY by MICHAEL BARBARO and MEGAN TWOHEY: The New York Times interviewed dozens of women who had worked with or for Mr. Trump over the past four decades, in the worlds of real estate, modeling and pageants; women who had dated him or interacted with him socially; and women and men who had closely observed his conduct since his adolescence. In all, more than 50 interviews were conducted over the course of six weeks. Their accounts — many relayed here in their own words — reveal unwelcome romantic advances, unending commentary on the female form, a shrewd reliance on ambitious women, and unsettling workplace conduct, according to the interviews, as well as court records and written recollections. The interactions occurred in his offices at Trump Tower, at his homes, at construction sites and backstage at beauty pageants. They appeared to be fleeting, unimportant moments to him, but they left lasting impressions on the women who experienced them.
*LBN-COMMENTARY by Maureen Dowd: We are in one of those rare unharmonic convergences when reality is more absurd than satire. So I decided to dispense with satire and simply call Donald Trump at Trump Tower on Friday to hear about his trip to survey the damage from the volcanic eruption of his imminent nomination. Not since Pompeii have there been so many people caked in muck and frozen in varying poses of horror. Trump told me that when he came to tour the ruins of the Republican Party here on Thursday, he and Paul Ryan asked if everyone would clear the room. They let Reince Priebus stay. “He’s a hard worker and a good guy,” Trump said. And the New York billionaire was clearly in need of new buttling, after his former butler at Mar-a-Lago, Anthony Senecal, got caught last week with past Facebook posts about how President Obama should be dragged from the “white mosque” and hanged. So, with the soul of the party at stake, the two most powerful — and polar opposite — men in the G.O.P. got down to it.
*LBN-A DIFFERENT VIEW:…
LBN E-Lert Edited By Marcelle Luna
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