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The Lyft logo can be seen in this image taken on June 27, 2022.Dado Ruvic | ReutersUS ride company Lyft announced Wednesday it is buying a European taxi app for free on a deal of 175 million euros ($109 million).The company is expected to close the acquisition (Lyft was the first in Europe) in the second half of 2025, and once combined, the two companies will serve more than 50 million users per year.Founded in 2009 as MyTaxi, Free is a riding platform headquartered in Hamburg, Germany. The company has been jointly owned by German automotive giant BMW and Mercedes-Benz…
Check out the companies that make headlines in pre-market transactions. NVIDIA – The shares slipped over 6% after chipmakers said they would need a quarterly bill of $5.5 billion linked to exporting H20 graphics processing units to China and other destinations. Nvidia said it submitted that the US government has notified the company that it requires a license to export chips to China and several other countries. JB Hunt Transport Services – Transport inventory pulled back 6% despite breaking analyst estimates on the top and bottom lines in the first quarter. However, JB Hunt reported a 1% decline in annual…
I used an ATM at Chase Bank in New York City on November 19th, 2024. Charlie Tribrorow | AFP | Getty ImagesJPMorgan Chase began suing customers this week who have been accused of stealing funds from the country’s biggest bank for last year’s so-called “endless money glitch.”Banks are currently chasing customers who cost less than $75,000 in the amount, rather than the federal venue they chose last year, according to people with knowledge of the company’s deliberation.Glitch, which went viral in a video posted to social media in late August, was able to pull out the entire value of fraudulent…
Indian man who fed water to cheetah in a viral video restored by Job BBC Climate/environment Exploring the risks of a turning point in the “cascade” with carbon briefs in the world of global warming Pandemic Research links covid in cidrap in US youth to poor kidney outcomes 😮This is just amazing. *permission* absent of illness:It’s still up 37% in elementary schoolsIt’s still up 50% in secondary schoolsAnd a surprising 74% rise in schools for children with special educational needs and disabilities. The most vulnerable children, the most vulnerable children… pic.twitter.com/eovatuced -Tern (@1Goodtern) April 14, 2025 The constantly changing definition…
HANNAH BATES: Welcome to HBR On Strategy—case studies and conversations with the world’s top business and management experts, hand-selected to help you unlock new ways of doing business. In the business world, leaders usually lean on experience or intuition to make decisions—and scientific inquiry is reserved for those who don’t have a clue. And Harvard Business School professor Stefan Thomke says that misconception is a problem. An experiment might not sound as bold or exciting as using gut instincts to make decisions, but it’s far more foolproof. In this 2020 episode of HBR IdeaCast, Thomke explains why businesses should embrace testing,…
Hannah Bates: Welcome to HBR for leadership, case studies and conversations with world-leading business and management experts. Historically, executives have been said to be decisive and hierarchical. Today, advice is away from it. It’s agile and supportive. However, according to IMD professor and social psychologist Jennifer Jordan, great leaders understand that there is time and place for both traditional and new leadership styles. In this episode, Jordan breaks down leadership into seven key tensions. This includes powerholding and powersharing, tactical focus and big-name vision. She explains when to tilt towards each style to lead more effectively. Jennifer Jordan: Originally, my…
On Monday, we took a look at the West’s attempted rug pull from underneath China’s years-long strategy to emerge as the global leader in the clean tech industry. As the US engages Beijing in an economic war, much of China’s success in navigating the conflict will hinge on how much of the world will be willing to go along with the US for the ride? And how many will have a choice? Here I’ll look at how the Global South debt crisis leaves it as an unlikely actor to pick up much slack as the US and EU say no…
ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. This article is co-published with The Texas Tribune, a nonprofit, nonpartisan local newsroom that informs and engages with Texans. Sign up for The Brief Weekly to get up to speed on their essential coverage of Texas issues. Reporting Highlights Focused on enforcement: The U.S.-Mexico border receives billions of dollars in government spending for immigration enforcement, while its communities remain among the nation’s poorest places. Unmet needs: In Texas, 30,000…
Eve here. This post is helpful by providing details on the amounts of money on how the Smoot-Holli Act made Great Fear Presion the worst. However, when an auxiliary facility development economist like Dani Rodrick asks that it differs from the submission of its claim, an absolutist view of tariffs is also necessary. Over the past 15 years or so, this cohort argues that tariffs are beneficial to less advanced economies when implemented to protect certain industries, when I implement them so that they will want to compete in the global market. It is also worth noting that barriers to…
Propublica is a nonprofit newsroom that investigates power abuse. Sign up and receive the biggest story as soon as it’s published. Glenmark medicines recall 20 generic medicines sold to patients in the US. This is because Indian factories and the Food and Drug Administration, which failed to comply with US manufacturing standards, determined that the broken drug could harm people. In February, the FDA discovered cleaning and testing issues at a factory in Madhya Pradesh, India, which was subject to the Propopavica investigation last year. The current recalls mentioned in last week’s FDA enforcement report cover a variety of commonly…