Saturday, September 23, 2017

Uber and Lyft to cancel services in Austin

Ride-sharing companies Uber and Lyft are planning to suspend their services in Austin after voters in Texas' tech hub failed to adapt a ballot measure for them.

Uber and Lyft drivers in San Francisco required to get a business license

San Francisco will now require 37,000 Uber and Lyft drivers working at least seven days a year in the city to get a business license, according to a letter sent by the Office of the Treasurer and Tax Collector to drivers on Friday.

Lear Corp. urges UAW to lower wages in exchange for jobs in Detroit

Lear Corp., one of the world's largest auto suppliers, is urging the United Auto Workers to agree to cut wages in exchange for relocating jobs back to Detroit from Mexico.

Sports Authority files for Chapter 11 bankruptcy; seeks to sell stores

Sports Authority failed to stay in the retail business without undergoing significant restructuring as the big-box chain filed for Chapter 11 bankruptcy Tuesday.

Starbucks expected to open first store in Italy by early 2017

Starbucks is opening its first coffee shop in Italy by early next year, in a long-awaited move to enter a market considered to be obsessed about coffee.

Asian Stock Markets Continue to fall

The trend is continuing because investors are worried about the nearing halt in the growth of the Chinese economy and the continuing slump of the oil prices. In what can be called a sign of things to come, Japan’s Nikkei Index closed more than 2% lower than it had been when it began trading on the 21st of January....

Why Are Investors Worried About Apple, the Stock?

Apple, the company best-reputed for its iPhones and Macs, earned an astounding 18.2 billion US dollar profit in the last quarter of 2015 by selling seventy-six million iPhones and nearly six million Macs. Though the company is doing great and experiencing a profitable growth, somehow there seems to be a growing discord between the company and its stocks, which...

Federal Reserve Keeps Tabs of the Global Market, Rates Unchanged

According to the announcement made this Wednesday, the US Federal Reserve announced that it would keep interest rates unchanged. This comes at a time when the global economy is starting to slow down and the Federal Reserve was quick to point out that it was keeping tabs on it. It also hinted that it had prepared itself for a...

For Hospitals, Prestige Leads To Profits

A new study explores why the most profitable U.S. hospitals are who they are.

How Medicare Drug Plans Hope To Follow Private Sector...

The proposal that Medicare made this month to better control prescription drug costs involves testing strategies used with some success in the private sector.

California Voters Will Have Their Say On Drug Prices

Heated battle expected over November ballot proposal to curb state's prescription drug costs, as pharmaceutical industry opens its pocketbook to defeat the measure.

How You Can Easily Pay Off Your Holiday Debt

If you are just recovering from the holiday hangover...

Despite Kvetching, Most Consumers Satisfied With Health Plans: Poll

The survey by the Kaiser Family Foundation shows that 71 percent of people with insurance believe their services are excellent or good.