Yet another study is shedding light on Uber's low wages. An Australian analysis shows Aussie Uber-x drivers earn on average less than fifteen dollars per hour. That's roughly three dollars less than Australia's minimum wage. The author of the study claims Uber's market value benefits from the drivers' low incomes and would collapse without it.
The Weinstein company can't seem to sell. According to lead investor Maria Contreras-Sweet, the company turned down a $500 million dollar offer to sell the majority of its assets. That deal was originally agreed upon, but was called off when the investors discovered the company was in more debt than they thought.
Barbie is honoring International Women's Day.
the brand is launching 17 new dolls honoring some very inspiring women. the new additions to the she-ro program features 3 historical figures and 14 modern day women including Olympic gold medalist Chloe Kim, Wonder Woman director Patty Jenkins, and conservationist Bindi Irwin.
One of the most self-made and success stories in the country, Emma Grede, has worked along with the Kardashian Jenner family on many of their best-known brands. Grede, CEO and co-founder of Good American, gave back to the next generation of business leaders as a featured speaker at the Chase for Business Make Your Move summit last week. She spoke with Cheddar News about her career, her company's fashion brand, working with the famous Kardashian-Jennifer family and balancing her own family life.
Berkshire Hathaway, the conglomerate run by businessman Warren Buffett, reported its operating earnings in its most recent quarter jumped more than 40% from a year ago but posted its first net quarterly loss in a year.
Elon Musk's company XaI has announced a new chatbot called Grok.
SAG-AFTRA said over the weekend that it received the studios' last best and final offer following a meeting on Saturday, with the union saying it's reviewing it and considering a response "within the context of the critical issues addressed in our proposals."
Stocks rose slightly as Wall Street looks to continue its momentum with earnings season winding down.
Tyson Foods is recalling about 30,000 of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in those nuggets.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
Before the SAG-AFTRA strike, this was the weekend “Dune: Part Two” was supposed to open. When Warner Bros. and Legendary pushed that opening back to March 2024 and no other blockbuster stepped in to take its spot.
A growing number of Californians are planting agave to be harvested forz use in spirits. The trend is fueled by the need to find hardy crops that don’t need much water and a booming appetite for premium alcoholic beverages.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Paramount, Maersk, Starbucks, Uber, Lyft and Beyond Meat.
