You heard it here first: Banks could become the next video stores or blacksmith shops. They are large, often immobile businesses that move slowly to adapt and have survived to this point thanks to a significant degree of help from…
It’s like the old saying of city government goes: if at first you don’t succeed, tax something that is succeeding. Members of the Washington, D.C. government have suggested a way to prop up its failing Metro system while hamstringing its…
Following the publication of a paper authored primarily by Stanford professor Stephen Zoepf that suggested that Lyft and Uber drivers make a median hourly profit of $3.37, opponents of ridesharing quickly seized on the number. Major outlets such as NPR…
Seattle’s ordinance allowing Uber and Lyft drivers to unionize cleared a legal hurdle last week as a District Court judge dismissed an attempt by the U.S. Chamber of Commerce to block the ordinance from being implemented. Supporters of the ordinance have justified…
Here in my home state of Connecticut, the legislature in Hartford has been trying to figure out how to regulate the mavericks on the block, Uber and Lyft, without driving traditional cab companies out of business. A recent piece in…
Washington Last weekend, Uber CEO Travis Kalanick informed his employees that he would stay on President Trump’s economic advisory council, even though he, like much of his staff, vehemently opposed many Trump platforms. By Thursday, Kalanick resigned from the panel….
Just in time for the holidays, Maryland residents may be left without Uber and Lyft. By December 22, state regulators will decide if all for-hire drivers must have fingerprint background checks to work. If fingerprinting is mandated, the companies could…
The 2016 election proved a lot of Washington, D.C., insiders wrong. But some pundits continue to perpetuate the myth that millennials are overwhelmingly socialist. Nothing could be further from the truth — millennials love free markets and hate government control….
Former Attorney General Eric Holder has come out against proposals in Chicago and New Jersey to require fingerprint background checks of drivers for ride-hailing platforms such as Uber and Lyft. Why would President Obama’s onetime top lawman come out against…
How does Ben Hueso get away with it? Sacramento The California Legislature is well-known for its heavy-handed approach to business. The state recently scored dead last in Chief Executive magazine’s survey of CEOs, which isn’t even newsworthy, given the state…
