This article contains content that is written like an advertisement .(August 2024) |
Type of site | News website |
---|---|
Available in | English |
Predecessor(s) | The Daily Poster |
Created by | David Sirota |
Editors |
|
URL | www |
Commercial | No |
Launched | April 2020 |
The Lever is an American reader-supported investigative news outlet founded by David Sirota, a speechwriter and former senior advisor to Bernie Sanders. The name The Lever is inspired by a quote from the Greek mathematician Archimedes, who said, "Give me a lever long enough and a fulcrum on which to place it, and I shall move the world." [1]
As of April 2024, The Lever had more than 112,000 active free and paying subscribers, and a staff of nineteen. [2] The Lever's mission, according to founder David Sirota, is to "hold power accountable." [1] According to managing editor Joel Warner, The Lever's "bread and butter" reporting and "core area of success" is reporting on "how corporate power is making everything worse for the rest of us". [2]
The investigative reporting from The Lever has been cited by other news outlets, including the New York Times, NPR, The Washington Post , Politico , Al Jazeera , Rolling Stone , and The Baltimore Sun . [2]
Founder David Sirota launched an earlier version of this news outlet, called The Daily Poster, on Substack in April 2020. [3] In May 2021, The Daily Poster moved from Substack to an independent website. [3] In March 2022, the site was expanded and renamed as The Lever. [4]
In 2023, The Lever's website received almost two million visits, and its reporting was seen more than 14 million times through platforms like Apple News and Google News. [2]
Following the train derailment in East Palestine, Ohio, in February 2023, The Lever reported on the "railroad industry's history of fighting stricter safety regulations." [5] Based on this reporting, reporters from The Lever were interviewed on Democracy Now! , [6] On The Media , [7] The Problem with Jon Stewart , [8] [9] and other news outlets. [10]
Following the collapse of the Silicon Valley Bank in March 2023, The Lever broke the story that the president of the bank had lobbied for less regulatory scrutiny. [1] The Lever's story, "SVB Chief Pressed Lawmakers to Weaken Bank Risk Regs," was cited by The New York Times the day after it was published. [1] [11] [12]
Journalist David Cay Johnston praised The Lever's reporting on corrupt practices at The Boeing Company, following an incident on January 5 when a door panel blew out mid-flight on Alaska Airlines Flight 1282. [13] According to The Lever's reporting cited by Johnston, the root cause of the incident (and other safety issues with Boeings aircraft) "is the corrosive effects of stock buybacks and government subsidies, elevating executive and corporate director greed above aviation safety." [13] Johnston states:
Following the collapse of the Francis Scott Key Bridge in Baltimore in April 2024, The Lever reported that "eight months prior, the Labor Department sanctioned the cargo giant for taking action against a sailor who previously reported unsafe working conditions while aboard a Maersk-operated boat." [14] [15] This reporting was cited by Rolling Stone [14] and The Washington Post . [16]
The Lever's related reporting on Maryland governor Larry Hogan, who (according to The Lever) touted megaships and ignored safety warnings before the Key Bridge disaster, was spotlighted on NPR's Morning Edition [17] and cited by the New York Times Dealbook. [18]
In March 2023, The Lever received an Izzy Award from the Park Center for Independent Media "for outstanding achievement in independent media." [19] [20] [21] The award was for a four-part series published in August 2022 by Andrew Perez of The Lever in partnership with ProPublica, titled "Inside The Right's Historic Billion-Dollar Dark Money Transfer". [21]
In March 2024, The Lever received an Honorable Mention in the category "Breaking News-Small Division" in the "2023 Best in Business Awards" from the Society for Advancing Business Editing and Writing. [22]
Bombardier Inc. is a Canadian business jet manufacturer. Headquartered in Montreal, the company was founded in 1942 by Joseph-Armand Bombardier to market his snowmobiles and became one of the world's biggest producers of aircraft and trains.
Richmond International Airport is a joint civil-military airport in Sandston, Virginia, United States, an unincorporated community. The airport is about 7 miles (11 km) southeast of downtown Richmond, the capital of the Commonwealth of Virginia. Richmond International Airport is the busiest airport in central Virginia and the third-busiest in the state behind Washington Reagan and Washington Dulles. RIC covers 2,500 acres of land.
Asiana Airlines Inc. is a South Korean airline headquartered in Seoul. The airline operates 90 international passenger routes, 14 domestic passenger routes and 27 cargo routes throughout Asia, Europe, and North America. In 2019, it accounted for 25% of South Korea's international aviation market and 20% of its domestic market. It maintains its international hub at Incheon International Airport and its domestic hub at Gimpo International Airport, both in Seoul.
The Kegworth air disaster occurred when British Midland Airways Flight 092, a Boeing 737-400, crashed onto the motorway embankment between the M1 motorway and A453 road near Kegworth, Leicestershire, England, while attempting to make an emergency landing at East Midlands Airport on 8 January 1989.
The Norfolk Southern Railway is a Class I freight railroad operating in the Eastern United States. Headquartered in Atlanta, the company was formed in 1982 with the merger of the Norfolk and Western Railway and Southern Railway. The company operates 19,420 route miles (31,250 km) in 22 eastern states, the District of Columbia, and has rights in Canada over the Albany to Montreal route of the Canadian Pacific Kansas City. Norfolk Southern Railway is the leading subsidiary of the Norfolk Southern Corporation.
Japan Air Lines Flight 123 was a scheduled domestic passenger flight from Tokyo to Osaka, Japan. On August 12, 1985, the Boeing 747 flying the route suffered a severe structural failure and decompression 12 minutes into the flight. After flying under minimal control for a further 32 minutes, the 747 crashed in the area of Mount Takamagahara, 100 kilometres from Tokyo.
David J. Sirota is the founder and editor-in-chief of The Lever, a reader-supported investigative news outlet focused on exposing the negative influence of corporate corruption on American society. Sirota was a speechwriter and senior adviser for the Bernie Sanders 2020 presidential campaign. In 2022, he received an Academy Award nomination for Best Original Screenplay for conceiving the story for Netflix's Don't Look Up alongside co-writer and director Adam McKay.
United Airlines Flight 811 was a regularly scheduled international flight from Los Angeles to Sydney, with intermediate stops at Honolulu and Auckland. On February 24, 1989, the Boeing 747-122 serving the flight experienced a cargo-door failure in flight shortly after leaving Honolulu. The resulting explosive decompression blew out several rows of seats, killing nine passengers. The aircraft returned to Honolulu and landed without further incident.
Truthout is an American non-profit progressive news organization which describes itself as "dedicated to providing independent reporting and commentary on a diverse range of social justice issues". Truthout reports news from a left-wing perspective, with its main areas of focus including mass incarceration and prison abolition advocacy, social justice, climate change, militarism, economics and labor, U.S. LGBTQIA rights and reproductive justice.
The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997.
USAir Flight 427 was a scheduled flight from Chicago's O'Hare International Airport to Palm Beach International Airport, Florida, with a stopover at Pittsburgh International Airport. On Thursday, September 8, 1994, the Boeing 737 flying this route crashed in Hopewell Township, Pennsylvania while approaching Runway 28R at Pittsburgh, which was USAir's largest hub at the time.
Reputational damage is the loss to financial capital, social capital and/or market share resulting from damage to a firm's reputation. This is often measured in lost revenue, increased operating, capital or regulatory costs, or destruction of shareholder value. Ethics violations, safety issues, security issues, a lack of sustainability, poor quality, and lack of or unethical innovation can all cause reputational damage if they become known.
Silicon Valley Bank (SVB) is a commercial bank division of First Citizens BancShares. The bank was previously the primary subsidiary of SVB Financial Group, a publicly traded bank holding company that had offices in 15 U.S. states and over a dozen international jurisdictions.
The Economic Growth, Regulatory Relief, and Consumer Protection Act was signed into law by President Donald Trump on May 24, 2018. The bill eased financial regulations imposed by the Dodd–Frank Wall Street Reform and Consumer Protection Act after the financial crisis of 2007–2008.
The Boeing 737 MAX passenger airliner was grounded worldwide between March 2019 and December 2020 and again in 2024. – after 346 people died in two similar crashes in less than five months: Lion Air Flight 610 on October 29, 2018, and Ethiopian Airlines Flight 302 on March 10, 2019. The Federal Aviation Administration initially affirmed the MAX's continued airworthiness, claiming to have insufficient evidence of accident similarities. By March 13, the FAA followed behind 51 concerned regulators in deciding to ground the aircraft. All 387 aircraft delivered to airlines were grounded by March 18.
Sriwijaya Air Flight 182 was a scheduled domestic passenger flight from Jakarta to Pontianak, Indonesia. Five minutes after departing from Soekarno–Hatta International Airport on 9 January 2021, the Boeing 737-500 experienced an upset and crashed into the Java Sea off the Thousand Islands, killing all 62 people on board. A search of the area recovered wreckage, human remains, and items of clothing. The flight data recorder (FDR) was recovered on 12 January, and the data storage module of the cockpit voice recorder was recovered on 30 March.
The 1976 Beckemeyer crossing accident occurred on February 7, 1976 and was a collision between a pickup truck and a train in the town of Beckemeyer, Illinois. The train crash killed 12 people, including 11 children, and injured three others. The disaster was the worst in the history of Clinton County.
On March 10, 2023, Silicon Valley Bank (SVB) failed after a bank run, marking the third-largest bank failure in United States history and the largest since the 2007–2008 financial crisis. It was one of three bank failures, along with Silvergate Bank and Signature Bank, in March 2023 in the United States.