Category: Business

Uber publicizes $three.1 billion deal to gain Heart East rival Careem – CNBC

Uber publicizes $three.1 billion deal to gain Heart East rival Careem – CNBC

Uber has reached a deal to acquire ride-hailing competitor Careem for $3.1 billion, the companies announced Tuesday. Dubai-based Careem, founded in 2012, claims more than 30 million registered users and sells car-hailing services in 120 cities across North Africa, the Middle East and South Asia, from Morocco to Pakistan. The companies characterized the deal as…

Avocados Recalled In 6 States Over Imaginable Listeria Contamination – HuffPost

Avocados Recalled In 6 States Over Imaginable Listeria Contamination – HuffPost

LOS ANGELES, March 25 (Reuters) – A California avocado grower and distributor has voluntarily recalled its product from six states due to concerns about possible contamination with Listeria, bacteria that can cause severe illness in some people. No illnesses associated with the recall have been reported, the Henry Avocado Corporation said in its recall notice…

Fed’s Rosengren says dilapidated foreign bond yields are hurting US long-term yields – CNBC

Fed’s Rosengren says dilapidated foreign bond yields are hurting US long-term yields – CNBC

On Friday, the yield on the three-month Treasury bill surpassed the rate of the 10-year note for the first time since 2007. It spooked markets, because a yield curve inversion traditionally means investors have become concerned about a future downturn. Rosengren also said that the situation facing the U.S. economy now is different from the…

LIRR: Energy traces mustn’t get an ticket on a.m. commute – Newsday

LIRR: Energy traces mustn’t get an ticket on a.m. commute – Newsday

Power lines that fell on Long Island Rail Road tracks in Hicksville Monday suspended service during the evening rush on three branches, and two of the branches remained suspended for several hours more as crews struggled to remove the line and repair track damage, officials said. Late Monday, the LIRR said Tuesday’s morning rush shouldn’t be affected…

Marijuana Legalization Vote Cancelled Due To Lack of Red meat up In Novel Jersey Senate – Marijuana 2nd

Marijuana Legalization Vote Cancelled Due To Lack of Red meat up In Novel Jersey Senate – Marijuana 2nd

South Bend, Indiana Mayor Pete Buttigieg is competing for the 2020 Democratic presidential nomination. If elected, he would be the first openly gay and youngest president, and he’s supportive of marijuana legalization to boot. While the candidate has not spoken extensively about cannabis reform, nor did he act on any marijuana legislation during his time…

A total bunch Flip Out to Wooden In opposition to Uber Amid 25-Hour Driver Strike – Gizmodo

A total bunch Flip Out to Wooden In opposition to Uber Amid 25-Hour Driver Strike – Gizmodo

In an outpouring of long-simmering tensions between rideshare companies and drivers whose wages have been on the decline, hundreds affiliated or acting in solidarity with grassroots group Drivers United turned out on Monday to picket an Uber Greenlight hub in Redondo Beach, California. Furious Over Falling Pay, Los Angeles Uber Drivers Prepare to Strike In…