Phillip Tracy, tech writer for The Daily Dot, discusses the feud between MIT and Uber after the school released a report saying Uber drivers were severely underpaid. MIT has since admitted it made mistakes during the study.
Tracy explains after MIT made corrections to its methodology, it showed the original report underestimated wages by about 50%. However, more than half of Uber drivers still make less than minimum wage.
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate.
Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
Over 1,400 props from classic movies like Star Wars, Shawshank Redemption and Gladiator will be up for auction next month in what experts say will be one of the largest memorabilia auctions in the world.
