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How the Pokémon card frenzy is making both collectors and startups rich calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.
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When Curt Kinder bought a new electric Chevy Bolt three years ago, he wanted an excuse to drive it as often as possible. “It’s so smooth, quiet and agile,” he said. So the 55-year-old electrical engineer and business owner in Jacksonville, Florida, signed up to become one of the first electric vehicle owners to drive for Uber and Lyft. Like any curious engineer, Kinder kept a meticulous spreadsheet of income and expenses for all of his 6,000-plus ride-hailing trips. He quickly realized an important truth: It s more profitable to operate an EV than a gas-powered car. Kinder spends about $5 per day on electricity to charge his car. Paying for enough gasoline to cover hundreds of miles each day would cost about $18. That $13 difference amounts to over $3,000 per year that goes right into his pocket. ....
NEWSOM faces FIRE SEASON in BIDEN era — WEBER wins AD-79 — JENNER inches closer to a run — BALLOT INITIATIVES to stay in 2022 — GRENELL's next move politico.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from politico.com Daily Mail and Mail on Sunday newspapers.
Yves here. Hubert Horan continues his chronicle of the deterioration of Uber’s finances. And you can only blame so much on the pandemic. By Hubert Horan, who has 40 years of experience in the management and regulation of transportation companies (primarily airlines). Horan has no financial links with any urban car service industry competitors, investors or regulators, or any firms that work on behalf of industry participants Last Thursday, Uber announced a full year 2020 GAAP loss of $6.8 billion with a GAAP net margin of (-60%). As discussed in the context of the mid-year results presented in Part 23, [1] Covid-19 significantly reduced Uber revenues, just as the pandemic has devasted dozens of other urban services and transport businesses. ....