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Slate Money

Burning Platforms

Slate Money

Slate Podcasts

Business, Investing

4.11.1K Ratings

🗓️ 7 January 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the FTC’s proposed non-compete ban, the bank run at Silvergate, and the cause of Southwest’s absolute meltdown this holiday season.   In the Plus segment: E-bikes.   Podcast production by Jessamine Molli. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:09.6

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0:18.3

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0:23.6

Until 18-plus, T's and C supply, exchange fees and fair usage limits supply. Hello! Welcome to the burning platform episode of Slate Money,

0:47.0

Your Guide to the Business and Finance News of the Week.

0:51.0

I'm Felix Samman of Axios here with my colleague Emily Peck.

0:55.0

Hello, hello. And Elizabeth Spires.

0:57.0

Hello.

0:58.0

And we are going to talk about Southwest Airlines booking platform and how it blew up over the holidays.

1:05.6

We are going to talk about non-competes and whether the entire country can or should move to become basically California

1:16.3

where non-competes have been outlawed for as long as I can remember.

1:20.8

We have a slate plus about e-bikes and of course because this is late money and we can't

1:26.9

go three weeks without talking about crypto we're going to talk about

1:29.3

silver gate which was a big bank which suffered a bank run and is crypto related and we're going to talk

1:34.5

about regulation of crypto and finance more generally and where it's working and how it should work.

1:41.0

It's all coming up on slate money.

1:46.0

Emily, this is a big day for workers. You called it in Axios. What was it like the biggest thing that the Biden administration has ever done for

1:55.2

workers? Yes. What is it? So earlier this week on Thursday the Federal Trade Commission proposed a rule that would ban

2:06.1

employers from requiring their workers to sign non-compete agreements. These are

2:11.4

contracts where you say,

...

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