Did you check out the Michael Cohen testimony yesterday? I didn't see a minute in real time myself, as I was busy in meetings and trying to run my business all day. Maybe you were too.

But a lot of Americans skipped out to watch them -- or were at least distracted -- to the point where they almost needn't have bothered going to work. I wonder how many of your employees were among them.

Anyway, that's the conclusion of a study by the outplacement consulting firm Challenger, Gray & Christmas, which concludes lost productivity due to to people watching the hearings at work added up to $3.83 billion.

"The nation is rapt," John Challenger, the firm's CEO, told USA Today. "Employers will find it difficult to reign in interested workers ... it will impact their teams' productivity.''

You probably don't need me to summarize the details of what Cohen had to say. (You can find different takes here and here. Cool, we covered both sides.)

And I expect I'll get equal numbers of emails from readers later today saying either "Cohen is a liar and a felon!" and "It was worth it to hear him call Trump a liar and a racist!"

But welcome to 2019. I think we're going to see a lot of this kind of stuff. You might want to think how it's going to affect your business.

Here's what else I'm reading today:

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Published on: Feb 28, 2019
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