Ken Auletta on Rupert Murdoch’s divorce announcement: “It is probably safe to assume [it] was a business decision” http://nyr.kr/11YTfeX

Video: Rahman Khandker describes being a fruit vendor as part of The New Yorker’s “Making Money” series, which documents the different ways people throughout New York City make a living: http://nyr.kr/19FhSCk

(Source: newyorker.com)

In February, the Yahoo C.E.O. Marrisa Mayer banned employees from working at home. The decision, which bucked the growing trend of telecommuting in the corporate world, drew a great deal of criticism. James Surowiecki recently weighed in for the magazine, explaining how Mayer’s policy might work for her company. In this video, Surowiecki explores the issue further, touching the positives and negatives of telecommuting and how it’s best implemented.

For more business news and analysis, visit The Business Pages.

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The car-service start-up company Uber is “well aware that not everyone ‘can drop twenty-five dollars to get home from a random night out,’” and they’re soon hoping to offer more mid-level transportation, like they provided at SXSW this year, across the country. Here, Matt Buchanan looks at the business behind their plan: http://nyr.kr/XO9s9H

(Source: newyorker.com)

The new news feed, as beautiful and as smartly designed as it may be, does little to encourage fatigued users to fill it up with the photos and personal updates that they’ve ceased posting on Facebook, or promise them that it’ll be loaded with more of the kinds of “can’t miss” things that will keep them coming back. It lacks the grand ambition of Facebook’s last major products…

Matt Buchanan looks at Facebook’s new news feed: http://nyr.kr/YFgqg0

Are you on Facebook? If so, how will you use the new stream?

(Source: newyorker.com)

A day after it emerged that Wall Street bonuses rose to twenty billion dollars last year, and that the typical financial-industry grunt received a payment on top of his salary that was more than twice the median household income, the latest corporate executive to run afoul of the Street was called to account. 

Remarkably enough, it was Tim Cook, the head of one of the most successful businesses in American history. At Apple’s annual shareholder meeting, in Cupertino, California, Cook, who took over from Steve Jobs in August, 2011, was pressed about the company’s stock price, which has fallen by about a third since last summer—drawing the ire of Wall Street, particularly David Einhorn, a billionaire hedge-fund manager who owns more than a million Apple shares. “I don’t like it either,” Cooksaid of the stock price.“Neither does the board or management—where the stock trades now versus a few months ago. But we’re focussed on the long term.”

That was precisely the response from Cook that I would have expected, and it was the appropriate one… 

Continue reading John Cassidy on Apple vs. Wall Street: http://nyr.kr/13mg7vi

Photograph, of Tim Cook, by Jim Wilson/The New York Times/Redux. 

(Source: newyorker.com)

Since September, Apple stock has fallen 35%. Here, James Surowiecki explains why the company will likely prevail despite its sudden fall from grace: http://nyr.kr/US26BF

 ”If you read The New Yorker’s business archive chronologically, you can watch the world of industry change in fundamental ways..” From KFC’s Colonel to a Lego design studio, here’s a look back at business writing in our archive: http://nyr.kr/XQCdOz

  Photograph by Martin Schoeller.

(Source: newyorker.com)

Visit The Business Pages, our new hub for insight and analysis on all things business: http://www.newyorker.com/business.

Read Ken Auletta on the future of television

Tim Wu on Apple and the debate over open and closed software companies

John Cassidy on the economics of the sequester debate

James Surowiecki on the problem with the banking industry

…and more. We also are unlocking Kelefa Sanneh’s feature from the print magazine on the Scotch industry. 

Cartoon by Mick Stevens. For more from this week’s issue: http://nyr.kr/T30jX1