Harvey Weinstein’s Going to Jail

Harvey Weinstein was found guilty of two felony sex crimes on Monday after a trial in Manhattan that has gripped the country for weeks. Mr. Weinstein was acquitted of the most serious charges against him — being a sex predator — but women’s rights groups celebrated the conviction, hailing it as a major victory for the #MeToo movement. Still, for all the progress of the last few years, Hollywood remains a man’s world, dominated by male filmmakers, producers and writers.

Image Credit... Giacomo Bagnara

What’s Next? (March 1-March 7)

Strong Job Numbers Expected

Investors are concerned that the coronavirus could seriously rattle the U.S. economy in the coming weeks. But last month, its impact was relatively insignificant, with the worst of the outbreak confined to China and the surrounding countries. On Friday, the Labor Department is scheduled to announce how many jobs were added to the economy in February. Economists are expecting another solid month of hiring to continue the labor market’s record-setting run, which has seen the unemployment rate hover below 4 percent for a year. But they will also be watching for any signs that the supply chain disruptions caused by the virus last month have started to slow job growth.

Big Tax Prep

If (like me) you plan to do your taxes this week, you may be interested to learn that the maker of TurboTax, the software company Intuit, is spending $7.1 billion to purchase Credit Karma, a consumer finance firm that also offers tax-prep services. (Is this the birth of Big Tax Prep?) The deal is aimed at creating a Silicon Valley financial technology company that can provide a wide range of financial services, from getting credit scores to filing taxes. But the acquisition could also attract the attention of regulators, who have become increasingly concerned about companies that control large amounts of consumer data.

New York vs. Grubhub

Ordering dinner on Grubhub or Uber Eats is almost irresistibly convenient. But it may also drain profits from neighborhood eateries. For months, New York restaurant owners have butted heads with the online delivery services, complaining that the apps charge exorbitant commissions. (They’re also expensive for consumers: The markups on food delivery can go as high as 91 percent.) Now, the New York City Council is proposing regulations that would cap the commissions — which usually range from 15 to 30 percent — that the apps charge restaurants and require them to apply for licenses to do business in New York.