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Reinsurance companies maintain very large investment portfolios and therefore have a major influence on many stock-listed multinational corporations. That’s why it is important that Swiss Re, the world's second-largest reinsurer, has announced that they are 90 percent of the way through shifting Read More...
Lyft just announced it’s hit one million rides a day, a milestone Uber announced in December 2014. As of July 2016, Uber was completing an average of 5.5 million rides a day. Last week, Uber hit 5 billion total completed trips. So, one million rides a day is cool for Lyft, but it’s still Read More...
Despite the anti-immigrant rhetoric that often fills the airwaves of the media, there’s a growing mound of evidence that shows just how important immigrants are to America and its economy. In fact, immigrants are twice as likely to start businesses as native-born Americans, and they or their Read More...
Anyone who's been stuck in bumper-to-bumper traffic in an Uber probably could have used a pair of headphones or an Altoid at some point. Cargo is a new startup that promises to provide those random items you'd be happy to have mid-ride — and, more importantly, offer another source of income for Read More...
Uber recently pledged to be friendlier to its employees and its drivers. As of Tuesday, it plans to be friendlier to senior citizens, too. The ride-hailing company launched a feature in more than 30 countries on Tuesday that lets users of the Uber app book a ride for someone other than themselves. Read More...
It’s great to be able to wear new clothes all the time and follow the latest fashion style. At the same time, that behavior drives a consumerism that the environment can hardly support. Boro Clothing in Toronto offers the solution: The company provides a peer-to-peer marketplace for women to Read More...
Sex sells. We hear it all the time. But, according to a new study, it’s not true. Sex makes ads more memorable, but the people who’ve seen the spots are not more likely to remember the brands and buy their products. The study with 17,000 consumers in the US, Europe, Australia, and Asia, also Read More...
Nissan Motor on Thursday said it plans to launch driverless ride-hailing and ride-sharing services in coming years, as the automaker looks beyond making and selling cars to survive an industry being quickly transformed by new services. Automakers are leveraging expertise in automated driving Read More...
Cars sit idle most of the time, but thanks to the decentralized blockchain system that supports cryptocurrencies like Bitcoin, people can safely and easily monetize their vehicles while they’re not using them. An example of this is Turo, a new peer-to-peer car rental marketplace that currently Read More...
The new Uber starts with tips. The ride-hailing company said today that it is rolling out a tipping option for rides and UberEats, its food delivery app, beginning in Seattle, Minneapolis, and Houston. Riders can choose from pre-set tip amounts (in dollars) or input a custom value. All of that Read More...