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Daily Scoop 9-15

Daily Scoop 9-15

👋 Your Wednesday Scoops - Facebook & Robinhood profiting off children

September 15, 2021

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Today's Scoop:Bounce

Big Picture

Social media's negative mental health effects are getting clearer.
Hurricane Ida slowed down industrial production in August.
Corporations face increased pressure to rethink confidentiality agreements.

The Market

⬆️

+0.9%

S&P 500: 4,480.70

1Mo:

| 1Yr:

+32%

| 5Yr:

+109%

Markets rebounded today from a week of negativity, but for no great reason. August manufacturing numbers in New York were higher than expected, but national industrial production numbers were weaker than expected. Hurricane Ida had a significant impact on production, forcing refineries closed.

Company Scoops ❤🌎💰

(Click to dig in & vote your reaction, see how others feel)

Apple

silences the #AppleToo movement

Facebook

knows it's bad for teens

Tiktok's

seizing the moment

Robinhood's

targeting younger crowds

JPMorgan

bought The Infatuation

(These links only work for 24 hours while the story is live)

🤓 Inside Scoop...

Non-Disclosure Agreements (NDA), also known as confidentiality agreements, are intended to protect private business information. Companies will have their business partners or employees sign them before working together to ensure that no one shares the secret sauce. Lately, activists have brought light to the fact that these agreements are broad enough to restrict employees from speaking out about harassment and discrimination in the workplace.