Kanye West talks about serving God during visit with Osteen
HOUSTON (AP) — Rapper Kanye West told parishioners at Joel Osteen’s Houston megachurch on Sunday that his recent spiritual awakening has made him realize he’s...
Uber’s remarkable growth could end the era of poorly paid cab drivers
And the Free Market does it again
(Washington Post)- Every day millions of Americans hop in their cars to get to work. But in light of the wages UberX drivers are making, the average American could probably make more money by staying in his or her car all day, and driving for the popular ride service.
A major shift is underway on America’s roadways. For a long time, driving strangers from point A to point B paid terribly. Estimates of the typical cab driver’s salary hover around $30,000.
According to Uber, the median wage for an UberX driver working at least 40 hours a week in New York City is $90,766 a year. In San Francisco, the median wage for an UberX driver working at least 40 hours a week is $74,191.
The gap in compensation for providing similar services is astounding, and illuminates the power of Uber, which is using its mastery of technology to steadily disrupt the traditional cab industry. Worldwide 20,000 new drivers a month have joined Uber’s platform in 2014.
SOURCE: Uber’s remarkable growth could end the era of poorly paid cab drivershttp://www.washingtonpost.com/blogs/innovations/wp/2014/05/27/ubers-remarkable-growth-could-end-the-era-of-poorly-paid-cab-drivers/?tid=hpModule_79c38dfc-8691-11e2-9d71-f0feafdd1394&hpid=z13
Featured & Breaking
Jon Voight, Allison Krauss honored with national medals
WASHINGTON (AP) — Oscar-winning actor Jon Voight, singer and musician Allison Krauss and mystery writer James Patterson are among those being honored by President Donald...
‘Ford v Ferrari’ speeds to No. 1; ‘Charlie’s Angels’ fizzles
NEW YORK (AP) — “Ford v Ferrari” left its competition in the rearview mirror, racing to an estimated $31 million debut at the box office...
Jon Voight, Alison Krauss honored with national medals
WASHINGTON (AP) — Oscar-winning actor Jon Voight, singer and musician Alison Krauss and mystery writer James Patterson are among the artists and philanthropists being honored...
A New Biography Traces the Pathology of Allen Dulles and His Appalling Cabal
"Unless you believe we’re governed by shape-shifting space lizards — your darkest suspicions about how the world operates are likely an underestimate."
(The Intercept)- AS I READ The Devil’s Chessboard: Allen Dulles, the CIA, and the Rise of America’s Secret Government, a new book by Salon founder David...
How Our Government Created Ghettos
(NPR)- Fifty years after the repeal of Jim Crow, many African-Americans still live in segregated ghettos in the country’s metropolitan areas. Richard Rothstein, a research...
Advertisement
