What we are reading January 16, 2024

Office real estate has never been this empty and we are rounding up many of the stories that made the news this week in business, technology, and culture.
The California wildfires could be leaving deeper inequality in their wake
The fires burned through a haven for generations of Black families avoiding discriminatory housing practices. Rebuilding may be out of reach for many.
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company’s “efforts to remain competitive in the promotional environment and the strength of our offering.”

Have the past 10 years of Democratic politics been a disaster?
A conversation with Matthew Yglesias.

Disney, Fox and Warner Bros. Discovery call off plans to launch Venu sports streaming service
Venu was first announced in February and intended to combine the live sports assets of Fox, WBD and Disney-owned ESPN.

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