GOOD DAY FOR: An egg fight, after a restaurant-sparked price-fixing lawsuit against egg producers gained class-action status. The plaintiffs claim that the United Egg Producers and 13 huge egg companies have colluded to raise prices, which are up 50 percent since 2006. The case rests on whether the UEP is a farm cooperative, protected under a 1922 law, or a trade group. Some 98 percent of U.S. eggs come from huge producers. (BusinessWeek)
BAD DAY FOR: Trickle-down economics, as the Wall Street implosion is starting to be felt by caterers, limo companies, upscale office-supply stores, and other industries that feed New York’s financial district. New York could lose 165,000 private-sector jobs in the next two years, with 35,000 of those in the financial services sector. “We are watching what’s going to happen next and we can do nothing,” said Nripata Ray, manager of Wall Street Caterers. (Bloomberg)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Gandhi arrests: Narendra Modi's 'vendetta' against India's oppositionThe Explainer Another episode threatens to spark uproar in the Indian PM's long-running battle against the country's first family
-
How the woke right gained power in the USUnder the radar The term has grown in prominence since Donald Trump returned to the White House
-
Codeword: April 24, 2025The Week's daily codeword puzzle
