Uber and Lyft, the two leading ride-share companies, have lost a great deal of money and don’t project a profit anytime soon. Yet they are both trading on public markets with a combined worth of more than $80 billion. Investors presumably expect that these companies will someday find a path to profitability, which leaves us with a fundamental question: Will that extra money come mainly from higher prices paid by consumers or from lower wages paid to drivers? Old-fashioned economics provides an answer: Passengers, not drivers, are likely to be the main source of financial improvement, at least within the next few years, mainly because of something called “relative price sensitivity.” This conclusion may seem to run counter to popular wisdom. Wall Street analysts have suggested that Uber and Lyft will need to squeeze their drivers. Those workers are quite concerned about the possibility. Thousands went on a one-day strike before Uber’s initial public offering in … [Read more...] about Passengers may pay a lot more. Drivers won’t accept much less.
Starting a fast food business
Sections SEARCH Skip to content Skip to site index Climate Subscribe Log In Log In Today’s Paper Climate | Trump Administration, Getting Set for a Major Rollback, Ends Clean Air Talks With California Supported by ByLisa Friedman and Hiroko Tabuchi Feb. 21, 2019 Want climate news in your inbox? Sign up here for Climate Fwd: , our email newsletter. WASHINGTON — The Trump administration, setting the stage to move forward with one of its most consequential climate-policy rollbacks, announced Thursday that it had decided to scrap negotiations with California over the president’s plan to undo Obama-era fuel efficiency standards for c The move makes a protracted legal battle almost certain. At the heart of the talks was California’s longstanding right to opt out of national auto emissions rules and set its own tailpipe standards. State officials have vowed to sue to protect that … [Read more...] about Trump Administration, Getting Set for a Major Rollback, Ends Clean Air Talks With California
YOU know what I hate more than anything else? So-called “inspirational quotes”. Anyone who has been within 20ft of a computer will be familiar — they clog up the internet like a rugby team clogs the toilet on an easyJet flight to Dublin. Supposedly serving “food for the soul”, I can only assume they’re dreamt up by an army of decaying hippies who have taken a computer course down the Adult Learning Centre. Some attempt to be clever, while others are simply unapologetically stupid. I saw one the other day, which was a picture of a sun rising and a caption that simply said: “You’ll be fine.” Yeah? Tell that to Theresa May’s dance instructor. The only one that has ever resonated is one that read: “Sometimes all you need to straighten your head is a bendy road.” Or words to that effect, set against the backdrop of a twisting Alpine road somewhere in Switzerland. Yep, I’m on board. An empty road, twirling towards … [Read more...] about Kia’s Stinger T-GDI is a fast, pretty, tech-heavy car and in the same price range as the Audi A5
Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader Business by Alex Horton by Alex Horton Email the author April 28 at 12:34 PM Email the author The company’s Long Beach location. (Stephanie Tran/Yellow Fever) This week was not the first time Kelly Kim considered how the name Yellow Fever may be received by the public. Yellow fever is a mosquito-borne infection that kills thousands every year, mostly in Africa, and named for the jaundice hemorrhage the virus produces. It is also a term popularly used to describe a white man’s sexual fascination with Asian women. But since late 2013, , Yellow Fever has been the name of a pan-Asian fast casual restaurant chain … [Read more...] about A Yellow Fever restaurant opened in a Whole Foods. There are two problems with that, critics say.
Published 7:00 am, Sunday, April 8, 2018 Like baseball, young love and hay fever, we’ve entered the high season for taxes. New this year, however, we begin to react to changes in the tax reform law of December 2017. The changes were designed mostly to help businesses and their owners. If you don’t own a business, I’m sorry to say the tax reform bill wasn’t really about you. It could be though, if you want to hurry up and create a limited liability company, LLC, or S corporation. Recommended Video: Now Playing: EU state regulators are to investigate whether Swedish furniture retailer Ikea's tax arrangement with the Netherlands helped cut its tax bill. The European Commission says it is looking into two tax rulings issued to Inter Ikea, which operates Ikea's franchise business and collects a fee of three percent of turnover from all Ikea shops via a subsidiary - Inter Ikea Systems - in the Netherlands. What is the Commission saying? That … [Read more...] about A tax dodge for all people, or at least some people