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Uber fires ethnic minority drivers based on a ‘racially-biased’ star-rating system, a new lawsuit claims. It accuses Uber of ‘intentional race discrimination.’

Summary List PlacementA former Uber driver filed a lawsuit against the taxi app on Monday, claiming it discriminates against ethnic minority drivers by firing workers based on a "racially-biased" rating system. Former Uber driver Thomas Liu, from San Diego, filed the class-action lawsuit over his dismissal from the company in 2015. He was fired because riders gave him unfair app ratings because of his race, his lawsuit claimed. Uber customers can rate drivers on a one-to-five-star scale after each ride. To stay working for Uber, drivers must meet a minimum average rating — when Liu was dismissed in 2015, the required rating in San Diego was 4.6. "Uber's use of this system to determine driver terminations constitutes race discrimination, as it is widely recognized that customer evaluatio...

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7 shot Monday in Chicago

Seven people were shot Oct. 26, 2020, in Chicago. | Sun-Times file photo Three of the day’s shootings occurred in the 8 o’clock hour in West Side neighborhoods. Seven people were shot Sunday in Chicago. The most recent shooting wounded a man in Lawndale on the West Side. He was in a vehicle about 8:45 p.m. in the 4000 block of West Lexington Street when someone approached and opened fire, Chicago police said. The 37-year-old was struck in the foot and taken to Mount Sinai Hospital in good condition, police said. About ten minutes prior a man was wounded in a shooting in Austin on the West Side. The 19-year-old was on the sidewalk about 8:35 p.m. in the 1800 block of North Monitor Avenue when someone opened fire, striking him in the leg, police said. He was taken to Saints Mary and El...

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Big Tech faces ‘danger scenario’ with a Democratic sweep in November, warns prominent venture capitalist Bradley Tusk

Summary List Placement Big Tech faces a "danger scenario" with a Joe Biden win and a "blue sweep" in the upcoming elections, prominent venture capitalist Bradley Tusk warned on CNBC. "People assume Congress is so incompetent and so inept and Big Tech companies are so smart they'll figure out how to stop them," Tusk, who is also a political strategist, said. "I don't know if that's the correct assumption. You could certainly see left-leaning, anti-tech proposals have much more of an impact in Washington starting next year," he said. But things look different for smaller companies and start-ups, he said, as new legislation would allow them to build products that won't immediately be quashed by a larger rival. Visit Business Insider's homepage for more stories. Investors may be missing t...

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Wall Street loves data centers — MoneyGram’s tech transformation — How much PE pays

Summary List PlacementHiya. Monday was a rocky one for the markets. A rise in coronavirus cases, a bleak outlook for another round of stimulus checks, and being just a week out from the election created the perfect storm for a volatile market. If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco.  Wall Street loves data centers Everyone knows financial firms have grown obsessed with the power of data in recent years. But what about the places that actually store it. Big-time investors like Goldman Sachs, KKR, and Blackstone are rolling out plans to buy up data centers. ...

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After injury scare, Bears’ Eddie Jackson gets his TD

Bears safety Eddie Jackson celebrates his touchdown Monday night in Los Angeles. | Photo by Katelyn Mulcahy/Getty Images He leapt on a blitz, grabbed at his left knee as he landed and crumbled to the ground. LOS ANGELES — Bears safety Eddie Jackson picked up the fumble, ran toward the end zone and spotted the penalty flag. Of course there was a flag, he thought — the Bears safety had scored two defensive touchdowns earlier this year that were canceled out by penalties. After officials huddled in the fourth quarter Monday night, though, they announced a hold on Rams tight end Johnny Mundt. Jackson had his touchdown, which brought the Bears within 14 points — the same score as the eventual 24-10 final deficit at SoFi Stadium. Jackson praised outside linebacker Robert Quinn, who forced t...

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Ask Amy: When they need my husband’s help, this woman is suddenly nice to me again

Dear Amy: “Sally” and I were “friends” on Facebook. We weren’t close, but our husbands were pals and my husband would often help hers with home projects. Sally tended to be needy and volatile, cutting people off when she disagreed with them. Columnist Amy Dickinson (Bill Hogan/Chicago Tribune) Recently, Sally put a political post on FB and I responded to it in a way that she found offensive. She removed my comment. I then messaged her that I was sorry, and that I realized I had erred. I asked for reconciliation and asked if we could talk about it. In response, she unfriended me and sent what I consider to be a very nasty message. I understand that she does not have to forgive me nor maintain any kind of contact. Meanwhile, Sally’s husband asked mine for help with some cabinetry in their ne

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THE INTERNET OF MEDICAL THINGS: The coronavirus is catalyzing a need for healthcare IoT in the US — here’s how connectivity and technology providers are carving out their place in the market

Summary List Placement This is a preview of the Business Insider Intelligence Internet of Medical Things premium research report. Purchase this report here. Business Insider Intelligence offers even more technology coverage with our Connectivity & Tech Briefing. Subscribe today to receive industry-changing connectivity news and analysis to your inbox. Healthcare providers have been turning to the Internet of Medical Things (IoMT) to facilitate their digital transformation since before the coronavirus hit the US — but the pandemic has caused a sea change in providers' willingness to implement IoT solutions that augment efforts in preparing for, containing, and diagnosing the virus.  As the backbone that powers the IoMT, connectivity and technology providers have a mounting opportunity

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Harriette Cole: I get no thrill from seeing my creations on TV

DEAR HARRIETTE: I have this incredible job I’ve always wanted, but I’m just not happy. Harriette Cole When I was young and people would ask me what I wanted to be when I grew up, I said I wanted to make clothes. I love fashion. I love to draw new designs, and I know how to sew and bring a drawing to life. I now have a dream job working with an upscale fashion line adding my taste and ideas to everything and getting to see it come alive. But once I see my ideas in magazines or on TV and in the stores, I no longer have the thrill I thought I would. Now, I am not even sure if fashion is really what I want to do anymore! How did I stop loving the only thing I have ever seen myself doing, and where do I go from here? I want to enjoy my job, but fashion is feeling like robotic work now, and I wa

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Porsche Design and Acer Create Carbon Fiber Laptop With New Intel Evo Processor

An ultra-thin Acer laptop with a brand new processor is the latest product to get a racy makeover by Porsche's lifestyle branch. Following the German marque's recent collab with Puma is the Porsche Design Acer Book RS. We aren't exactly sure what the Racing Sport moniker is supposed to denote in this context, but the liberal use of black carbon fiber for the unibody-hinged cover is definitely borrowed from the auto industry, where the high-strength, low-weight material is widely used in the bodies of sports cars. Even when paired with a diamond-cut, CNC-machined chassis, the entire unit clocks in at 2.76 pounds and .63 inches thick.  Porsche Design's other major contribution to the project is a luxe "Travelpack" consisting of a Ecco Palermo XA leather travel pouch, a notebook sleeve fashi...

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Airbnb approves 2-for-1 private stock split as share value rips higher, report says

Summary List Placement Airbnb's board has approved a 2-for-1 private stock split as the value of its shares has ripped higher, Bloomberg reported. The stock split, which comes into effect on Tuesday, would make it easier for retail investors to participate in the company's initial public offering because of the lower cost of each share. The value of the home-rental app's privately-held shares have climbed 10.4% since the end of the second-quarter. Airbnb plans to raise roughly $3 billion through its IPO in December, giving it a valuation of more than $30 billion. Visit Business Insider's homepage for more stories. Airbnb has approved a 2-for-1 stock split for privately held shares ahead of its initial public offering slated for December, Bloomberg reported on Sunday. The home-rental ...

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Miss Manners: His excruciating emails make me want to tear my hair out

DEAR MISS MANNERS: I have an old friend from high school, and we carry on a very cordial correspondence via email and social media. Most of our exchanges are lighthearted and brief. We are both very busy, and I, especially, do not want to get bogged down with the need to read and respond to very long emails. The problem for me is that my friend loves to travel — and even more than the travel itself, he loves to write excruciatingly long, detailed trip reports. He emails these out with the expectation that everyone read them and comment on them. And even though he can’t travel anymore due to COVID-19, he still writes up reports from decades-old trips! Every time he sends one, I want to pull my hair out, and I am already mostly bald! I don’t want to hurt his feelings, but I can’t think of a

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BANK OF AMERICA: Buy these 22 European value stocks to cash in on a possible 10% rally in early 2021 — but avoid these 6 ‘value traps’

Summary List PlacementValue stocks have had their worst year since 1992, falling by 38% adjusting for sector bias, according to Bank of America quant strategists in a research note released on October 20.  But equity analysts and quant strategists at the bank are expecting that to change going forward as obstacles for value outperformance begin to fade. "European value versus growth has yet to price in the macro recovery," Bank of America equity analyst, Sebastian Raedler, said in the note. Raedler identifies two obstacles in the way of value outperformance. Firstly, bond yields have not risen meaningfully in response to improving economic macro data. Secondly, two of the big European value sectors have continued to underperform —energy and financials. He expects with a maturing economic...

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Man fatally shot through window in West Pullman: police

A 41-year-old man was fatally shot Oct. 27, 2020, as he sat at a table in the kitchen of a home in the first block of East 121st Place. | Sun-Times file The 41-year-old man was sitting at a table in the kitchen of a home in the first block of East 121st Place, when shots were fired from outside, through a window. A man was fatally shot as he sat at a kitchen table Tuesday in West Pullman on the Far South Side. About 1:45 a.m., the 41-year-old was sitting at a table in the kitchen of a home in the first block of East 121st Place, when shots were fired from outside through a window, striking him in the chest, Chicago police said. He was pronounced dead at the scene, police said. The Cook County medical examiner’s office has not yet commented on his death. Area Two detectives are in...

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HSBC shares jump 5% after Europe’s biggest bank reports slimmer credit losses and signals it could pay a dividend this year

Summary List Placement HSBC reported an 11% drop in revenue and a 36% slide in pre-tax profits for the third quarter on Thursday. Europe's biggest bank also lowered its expected credit losses by almost $100 million to below $800 million, and will consider paying a "conservative dividend" to shareholders this year. "I'm pleased with the significantly lower credit losses in the quarter, and we are moving at pace to adapt our business model to a protracted low interest rate environment," CEO Noel Quinn said in the earnings release. HSBC shares rose as much as 5%. Visit Business Insider's homepage for more stories. HSBC's posted lower revenue and profits in the third quarter as the coronavirus pandemic weighed on its operations. However, Europe's biggest bank also disclosed lower credit lo

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