Amazon's fulfillment center in Bessemer, Alabama has become ground zero for the U.S. labor movement, with nearly 6,000 employees asked to vote on unionization by March 29.
Axios Re:Cap digs into what the Alabama situation means for Amazon, its workers and why it's happening now, with Alec MacGillis, author of the new book about Amazon called "Fulfillment, Winning and Losing in One-Click America."
Boston Red Sox majority owner John Henry has agreed to sell a roughly 11% stake in the team's parent company to RedBird Capital Partners, Axios has confirmed with a source close to the situation. Separately, LeBron James has acquired around a 1% stake in the club.
Why it matters: It's a massive return on investment for Henry, who in 2001 paid what was then a record $700 million for the Red Sox. This deal values its parent company, Fenway Sports Group, at around $7.3 billion.
Tesla is riding high these days, but two developments could create reputational risks for the world's most valuable car company.
Driving the news: Tesla is beginning to face criticism over the climate effects of its big new investment in bitcoin and the decision to accept it as payment — even though electric vehicles are lower-CO2 alternatives to gasoline vehicles.
