The ride-hailing company Lyft went public with an IPO share price of $72 valuing the company at over $24 billion. Last year Lyft took a loss of close to $1 billion, it was a 32% increase in loss compared to the previous year. So why would a company increasingly showing a loss be valued […]
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New York Post New York City restaurants are eliminating jobs, reducing employee hours and raising prices due to the higher costs of the $15-per-hour minimum wage. A once-growing industry is contracting, according to an online survey conducted by the New York City Hospitality Alliance, an association representing restaurants in the city. Last year, “full-service restaurants recorded […]
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CNBC Boeing previewed its software fix, cockpit alerts and additional pilot training for its 737 Max planes on Wednesday, saying the changes improve the safety of the aircraft involved in two deadly crashes since October. “We’re working with customers and regulators around the world to restore faith in our industry and also to reaffirm out […]
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Around 30 percent of tourists visiting Iceland last year flew with Wow and the collapse could trigger a 16 percent drop in tourists this year.
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By The Associated Press SEATTLE — Starbucks says it plans to test both recyclable and compostable cups over the next year. Customers in New York, San Francisco, Seattle, London and Vancouver, British Columbia, will help test the cups, which use fiber, paper and other materials in place of plastic liners. Seattle-based Starbucks was expected to […]
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JewishPress McDonald’s announced the acquisition of Israeli startup Dynamic Yield, producer of a unique personalization technology, for $300 million. The Dynamic Yield technology powers individualized experiences for more than 600 million users each month across hundreds of global brands, with a decisioning engine that uses machine learning and predictive algorithms to build valuable customer segments […]
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At Apple’s “show time” services event today, it announced a new Apple Card credit card, promising to improve things about the credit card experience with simpler applications, no fees, lower interest rates, and better rewards. To get an Apple Card, users will be able to sign up on their iPhone in the Apple Wallet app […]
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When looking to start a business it is important to understand the different forms of businesses that are available to choose from. Each form is suited for a specific type of business to help structure a company’s operations. Sole Proprietorship – As the name suggests a sole proprietorship owner has complete control of their […]
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Rick Munarriz, The Motley fool There’s a new way to enjoy Coca-Cola (NYSE:KO). The world’s largest beverage company recently introduced Orange Vanilla Coke and a calorie-free Orange Vanilla Coke Zero variant, hoping to fizz up sales for its flagship soft drink brand. After six years of declines in reported revenue, you can’t blame the pop star for […]
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The verdict gives Qualcomm momentum as it heads into a bigger showdown with Apple next month.
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