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SEPTEMBER 29, 2023 Greg Erken. Courtesy of Greg Erken and Robert Alexander/Getty Images Greg Erken drives for both Uber and Lyft in Washington, DC, and has given over 12,000 rides. He says there are steps both the driver and the passenger can take to improve the experience. For starters, make sure your pickup location is accurate, and don't forget anything...
SEPTEMBER 28, 2023 Washington region, brace for impact. The federal government is poised to grind to a halt on Oct. 1, after hard-right Republicans in the House indicated they would block any short-term funding solution that the House majority would come up with to keep the government open. Perhaps nowhere in the country would the effects of a shutdown be felt...
SEPTEMBER 26, 2023 The Federal Trade Commission and 17 state attorneys general filed a sweeping antitrust lawsuit against Amazon Tuesday, a long-awaited move that seeks to bar the company from allegedly abusing its powers to raise prices for shoppers and levy high fees against businesses that sell on its platform. The lawsuit, filed in Western Washington district court, marks a historic...
SEPTEMBER 26, 2023 U.S. Secretary of the Treasury Janet Yellen and testifies during a hearing before the Financial Services and General Government Subcommittee on March 23, 2023. - Alex Wong/Getty Images The U.S. dollar saw an 8% decline in its share of global reserves in 2022 — causing some to question whether the dollar’s days of dominance are over. Treasury Secretary Jannet...
SEPTEMBER 24, 2023 Tesla semi trucks | Andy Alfaro/The Modesto Bee/Tribune News Service via Getty Images Tesla made a splash when it promised to “disrupt” the trucking industry with its electric semi-truck. The automaker claimed the $200,000 vehicle “can travel up to 500 miles on a single charge.” PepsiCo was among the first buyers and is using the electric trucks to...
SEPTEMBER 24, 2023 Zeor Emission Trucks - Patrick T. Fallon - AFP / Getty Images California's aggressive new restrictions on diesel engines are already failing, as truckers do everything they can to get around them. According to USA Today, in April, lawmakers in the Golden State passed a mandate that requires companies to switch over to "zero-emission" trucks with the goal of...
SEPTEMBER 24, 2023 Hedge fund billionaire Bill Ackman sees value in both remote work and being in the office five days a week. - Bryan Bedder/Getty Images for NYT In the battle among remote work, return-to-office mandates, and hybrid schedules, Pershing Square CEO Bill Ackman has a slightly different approach. The billionaire investor wants his employees back in the office five days...
SEPTEMBER 24, 2023 FILE - This illustration provided by NASA depicts the OSIRIS-REx spacecraft at the asteroid Bennu. On Sunday, Sept. 24, 2023, the spacecraft will fly by Earth and drop off what is expected to be at least a cupful of rubble it grabbed from the asteroid Bennu, closing out a seven-year quest. (Conceptual Image Lab/Goddard Space Flight Center/NASA...
SEPTEMBER 21, 2023 When depositors rushed out of Silicon Valley Bank earlier this year, they headed to bigger banks with their money. JPMorgan Chase, the largest bank in the US, as also the world, was among the major beneficiaries. Thousands wanted to suddenly open accounts with the bank. Traditional banks would find that tough to handle. But the transformational technology initiatives...
SEPTEMBER 21, 2023 Lachlan Murdoch will take over as chairman of Fox and News Corporation. - Evan Agostini/Invision/AP Rupert Murdoch, the powerful right-wing media mogul who built and oversaw one of the world’s most influential news empires, announced Thursday that he will step down as chairman of his companies, Fox Corporation and News Corporation. “For my entire professional life, I have been...