This week, San Francisco bureau chief Jeff Bercovici discusses the latest drama at Uber, and what the ouster of chief executive Travis Kalanick means for the future of the company. On Tuesday, five shareholders staged a revolt against Kalanick, calling for him to resign from the ride-hailing giant. This latest development, Bercovici argues, signals a shift in Silicon Valley ideology; in the past, investors have excused entrepreneurs for bad behavior so long as the company was growing. "This era of founders as untouchable god kings might be coming to a close," adds Bercovici.
Staff writer Zoë Henry then explores whether London will be able to maintain its status as a business hub, and makes the case that entrepreneurs could soon be flocking to Berlin. As negotiations for the U.K. to leave the European Union--or 'Brexit'--got underway this week, many small businesses are girding for hardship. They could face higher tariffs once the country quits the E.U. single market trade zone, which many anticipate--that is, if Prime Minister Theresa May gets her way. Talent could also be harder to come by if immigration is limited.
Finally, executive director of editorial Jon Fine interviews Ledbetter about his new book, One Nation Under Gold. The book explores how gold has influenced American monetary policy--as well as the American psyche.