Jean Thompson, Author at Dual Cow

ESPN, Fox and Others to Launch Sports Streaming Service: What to Know

Feb

ESPN, Fox and Others to Launch Sports Streaming Service: What to Know

Disney, Fox and Warner Bros. Discovery announced on Tuesday that they would join together and sell access to all of the sports they televise through a new streaming service. It will be available this fall, but many other details, like price or who would run the service, are not yet known.The subtext of the agreement — and of most decisions media companies make — is that the cable bundle is collapsing. A decade ago, about 100 million homes in the United States subscribed to a package of cable or satellite television channels. Today, that number is around 70 million, and…

President of Powerful Service Workers Union Will Step Down

Feb

By Jean Thompson

Investments and Business

President of Powerful Service Workers Union Will Step Down

Mary Kay Henry, the president of the Service Employees International Union, one of the nation’s largest and most politically powerful labor unions, announced Tuesday that she would step down after 14 years in her position.Ms. Henry was the first woman elected to lead the union, which represents nearly two million workers like janitors and home health aides in both the public and private sectors.Under her leadership, it launched a major initiative known as the Fight for $15, which sought to organize fast-food workers and push for a $15 minimum wage. Winning over skeptics in the ranks, Ms. Henry argued that…

Federal Records Show Increasing Use of Solitary Confinement for Immigrants

Feb

By Jean Thompson

Health

Federal Records Show Increasing Use of Solitary Confinement for Immigrants

The United States government has placed detained immigrants in solitary confinement more than 14,000 times in the last five years, and the average duration is almost twice the 15-day threshold that the United Nations has said may constitute torture, according to a new analysis of federal records by researchers at Harvard and the nonprofit group Physicians for Human Rights.The report, based on government records from 2018 through 2023 and interviews with several dozen former detainees, noted cases of extreme physical, verbal and sexual abuse for immigrants held in solitary cells. The New York Times reviewed the original records cited in…

Feb

By Jean Thompson

Science and Technology

Snap Lays Off 10% of Its Work Force

Snap, the parent of messaging app Snapchat, on Monday said it would lay off more than 500 employees, joining other tech companies in a wave of new cost-cutting measures.The layoffs amount to 10 percent of its global work force; the majority will occur in the first quarter of 2024. “We have made the difficult decision to restructure our team,” the company said in a securities filing, adding that it would take pretax charges of $55 million to $75 million, primarily for severance and related costs.Amazon, Google and Microsoft have announced layoffs this year, following tens of thousands across the sector…

Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates

Feb

By Jean Thompson

Investments and Business

Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates

Jerome H. Powell, the chair of the Federal Reserve, made clear during a “60 Minutes” interview aired on Sunday night that the central bank is moving toward cutting interest rates as inflation recedes, but that policymakers need to see continued progress toward cooler price increases to make the first move.Mr. Powell was interviewed on Thursday, after the Fed’s meeting last week but before Friday’s blockbuster jobs report. He reiterated his message that lower borrowing costs are coming. But he also said that the Fed’s next meeting in March is probably too early for policymakers to feel sure enough that inflation…

Feb

By Jean Thompson

Health

When a Spouse Goes to the Nursing Home

Even as the signals of approaching dementia became impossible to ignore, Joseph Drolet dreaded the prospect of moving his partner into a long-term care facility.Mr. Drolet, 79, and his beloved Rebecca, 71, both retired lawyers and prosecutors in Atlanta, had been a couple for 33 years, though they retained separate homes. In 2019, she began getting lost while driving, mishandling her finances and struggling with the television remote. The diagnosis — Alzheimer’s disease — came in 2021.Over time, Mr. Drolet moved Rebecca (whose surname he asked to withhold to protect her privacy) into his home. But serving as her round-the-clock…