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The Week in Business: A Surprise Tariff War, and the Future of iPhone Screens The New York TimesWant this column in your inbox? Sign up here. Happy June! And sorry about your stock portfolio, which probably isn’t looking too hot after President Trump’s latest tariff threats. Here’s what you need to know about the week’s business news. MAY 26-june 1 What’s Up? Not All Losses Are Bad Uber has taken some knocks lately. Less than a month after the ride-hailing company’s lukewarm initial public offering, its shares have fallen more than 10 percent. And according to its first-quarter earnings report, released on Thursday, Uber is seeing its slowest growth in years and lost more than $1 bill... View the full article
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If John Cleese meant London is just another homogenized world capital, he’s right The Washington PostThe City of London financial district on the skyline. (Chris Ratcliffe/Bloomberg News)© 2017 Bloomberg Finance LP A little over a month ago, after I returned from a marathon trip to the British Isles, a friend asked me how I’d enjoyed London. I said London is now New York, with better scones. Apologies to Brits and New Yorkers who object. And I admit that the characterization isn’t really true. But it seems much truer than it did a quarter-century ago, when I first laid eyes on the place — or for that matter, even a decade past. Every time I go to London, the newer buildings, the shops and ... View the full article
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Uber to ban riders with low ratings: will you pass the test? The GuardianWill your Uber rating be docked if youdon’t tip? What side of the car should you sit on? Small talk or silence? Since Uber first began to allow users to check their ratings on the app in 2017, riders have harbored growing anxiety about how many stars their behavior in the back seat will earn them. Now those are being magnified by another new policy: Uber announced on Wednesday it would begin to ban passengers with consistently low ratings. Sign up for the US morning briefing Uber did not say how low a passenger’s rating will have to be for them to be removed from the platform. Drivers on th... View the full article
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To Get As Big As Amazon, Uber Is Giving Away Business In Denver ForbesA train from the Denver airport into the city’s center offers a lower cost alternative to Uber. Photo Credit: Getty After years of operating separately but transporting people together, Uber and public transportation have formed an official union. Their marriage begins in Colorado. It’s a step toward Uber’s planned next act, as not just an on-demand service but a diverse marketplace. Now you can buy a Denver bus or train ticket in the Uber app, even if you’re not hailing a ride to or from a Regional Transportation District (RTD) stop. There are already several user-friendly trip planning ap... View the full article
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Strike by Drivers Disrupts Uber Launch Labor NotesRideshare drivers around the world rallied and struck May 8, the day Uber went public. Joined by unions in London and in Melbourne, Australia, drivers from at ... View the full article
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Tuesday 28 May 2019 - The Monocle Minute MonocleAssange latest, France's taxi drivers, the Netherlands' Senate election and greener air travel. View the full article