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MX Technologies snag $100 million to grow financial data business

MX Technologies snag $100 million to grow financial data business

Original Article Publication Date: 06/25/2019

Financial data tech company, MX Technology launched in 2010, is recently acquired $100 million in funding that will allow them to build its customer base, expand its market and innovate new products. Currently, the majority of MX's customers are banks and financial service businesses, but with the new funding the company is hoping that its products can develop to make financial management as easy as possible for individual users. Keywords: Finance, Banking, Innovation

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Red Robin eliminates bus boys as restaurants combat minimum wage hikes

Red Robin eliminates bus boys as restaurants combat minimum wage hikes

Original Article Publication Date: 01/09/2018

Since minimum wage increases took effect early last year in January, many industries have struggled to keep up with the rising costs of labor. Red Robin, a popular destination on the burger-and-beer chain, decided to eliminate bus boys at 570 restaurant locations, a move that expected to save the company an estimated $8 million over the course of the next year.

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Why Canada is a Guinea Pig for Global Markets

Why Canada is a Guinea Pig for Global Markets

Original Article Publication Date: 05/13/2019

Canada is said to be a very sophisticated marketing environment. With its diverse population representing more than 200 languages, Canada composes a wide range of consumer segments and demographic niches in which to test new products or to refine existing ones.

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NBA steps up it's global plans to take basketball to new markets

NBA steps up it's global plans to take basketball to new markets

Original Article Publication Date: 01/18/2019

Hoping that Europe will someday become a hotbed of basketball, as China has, the NBA has been hosting single games in London for eight years now. During the most recent season, The Washington Wizards played the New York Knicks with a 101-100 victory in front of a 19,000 sold-out crowd. The league believes there is an entire world who loves basketball and the market is open to grow the league's game destinations to crowds internationally.

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Landed Raises $7.5 Million Series A to Help Teachers Buy Homes

Landed Raises $7.5 Million Series A to Help Teachers Buy Homes

Original Article Publication Date: 04/05/2019

More than 200 teachers in California, Colorado and Washington have LANDED housing closer to their schools thanks to this financial-aid start-up. Landed has raised $7.5M in a Series A funding round in hopes to spread its reach to more locations across the country. With the increasing prices of housing and the stagnant salaries of teachers, Landed hopes to help even more teachers make sufficient down-payments on homes while taking a 25% slice of the home's appreciation.

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Diversity in the 'Man Cave': Boardrooms Gain Women as Minorities Lag

Diversity in the 'Man Cave': Boardrooms Gain Women as Minorities Lag

Original Article Publication Date: 02/12/2019

There has been a long-time pressure on businesses to diversify their companies and eliminate gender biases. Though businesses have begun responding by increasing the number of women they hire and improving the positions they hold in the boardroom, racial and ethnic minorities are still being overlooked and underrepresented. Though women are still underrepresented as well, their gains have still been much more substantial than those of African-Americans and Hispanics.

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Treasury Cuts Penalties For Taxpayers Who Got Confused About Withholding

Treasury Cuts Penalties For Taxpayers Who Got Confused About Withholding

Original Article Publication Date: 03/25/2019

Good news from the IRS seems to be rare but in 2019 the Internal Revenue Service is being more lenient on those taxpayers who got confused by the 2017 republican tax overhaul. Originally, those who paid less than 90% of their taxes were heavily penalized but this year the IRS has lowered it to 80%. Last year, 10-12 million taxpayers underpaid and faced penalties but hope remains for the 2019 tax season.

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Telehealth Service Ro Tackling One Stigma at a Time

Telehealth Service Ro Tackling One Stigma at a Time

Original Article Publication Date: 03/20/2019

The telehealth company, Ro, seeks to confront stigmatized health issues one at a time. Starting as a men's health company geared toward addressing erectile dysfunction, the direct-to-consumer health company is now providing kits to help smokers kick the habit and personalized products to women going through menopause. Having received $88M in funding, Ro seeks to connect patients to all the products they need to address their often stigmatized conditions.

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Wish is Now the World's Most Downloaded E-Commerce App

Wish is Now the World's Most Downloaded E-Commerce App

Original Article Publication Date: 03/13/2019

With its low-priced Chinese-made products, the mobile app Wish targets the lower-income market and is the third largest e-commerce marketplace. While competitors like Amazon require an annual fee, Wish's success is thanks to its small commission fee for its merchants and low shipping prices. Some issues for Wish include shady merchants, quality-control, and growing tensions between China and the US.

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Number of Retail Stores Closing in 2019 Has Passed 4,000

Number of Retail Stores Closing in 2019 Has Passed 4,000

Original Article Publication Date: 02/22/2019

The last couple of years have brought the 'retail apocalypse', which is claiming over 4,000 brick-and-mortar stores across the country. With the bankruptcy and liquidation of companies like Toys R Us, Payless ShoeSource, and Shopko we don't see this pattern slowing down. Yet as Gap announces the closure of 230 stores we also see them parting ways with Old Navy which brought in $8B last year and plans to open more locations.

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Ride-Hail Firm Lyft Races to Leave Uber Behind in IPO Chace

Ride-Hail Firm Lyft Races to Leave Uber Behind in IPO Chace

Original Article Publication Date: 12/06/2018

2019 is the year of the tech company IPO race and the leader is currently the ride-hail firm, Lyft. Lyft has filed to go public ahead of bigger competitor, Uber, and other tech companies who plan to follow suit later this year. A major reason for the sudden push for IPOs stems from the already declining market possibly getting lower. Uber plans to open up to public investors among $1.07B in losses due to rapid expansion.

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Amazon Pulls Out of Planned New York City Headquarters

Amazon Pulls Out of Planned New York City Headquarters

Original Article Publication Date: 02/14/2019

Amazon has backed out of its plans to build headquarters in NYC after facing major backlash from its announcement that the deal was contingent upon $3B in government incentives. A few politicians and activists felt there were too many drawbacks to allowing Amazon to build the new HQ in Queens while the governor, NYC mayor, and others felt it was more beneficial to have Amazon bring in the 25,000 promised jobs. Amazon hoped for a HQ city with more community support.

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Johnson & Johnson to Buy Auris Health for $3.4 Billion

Johnson & Johnson to Buy Auris Health for $3.4 Billion

Original Article Publication Date: 02/13/2019

Johnson & Johnson will acquire robotic surgery firm, Auris Health, for $3.4B supporting J&J's recent strategy of leaving unprofitable markets and acquiring companies that may give them the advantage in other areas. The robotic surgery market is projected to be valued at $12B by 2023 and J&J is trying to get ahead of the game. Coupling the technology of Auris Health with the funds of J&J, the company hopes to improve and simplify the future of surgery.

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'End of the McBully' - Supermac's Wins Trademark Case Against McDonald's

'End of the McBully' - Supermac's Wins Trademark Case Against McDonald's

Original Article Publication Date: 01/15/2019

In a landmark ruling, Ireland's Supermac's has caused McDonald's to lose its "Big Mac" trademark in the entire EU. McDonald's had recently blocked Supermac's from expanding into the UK and Europe saying the names Supermac's and the Big Mac were too similar. This led to Supermac's' managing director to claim 'trademark bullying.' Now that Big Mac is no longer trademarked in the EU, Burger King has been having a lot of McFun with their marketing. Keywords: International Business, Marketing, Competition

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SoftBank's Next Bet: $940M Into Autonomous Delivery Startup Nuro

SoftBank's Next Bet: $940M Into Autonomous Delivery Startup Nuro

Original Article Publication Date: 02/14/2019

The most recent SoftBank investment of $940M went to Nuro, the autonomous food delivery service, running their trials in Scottsdale, AZ. Nuro connects the retailer to its customers through last-mile grocery delivery and they are out of the lab and onto the streets. SoftBank also invested $2.25B in GM's AV unit, Cruise, along with others so when AV takes off the venture will be a part of it no matter who it is.

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The Stock Market Is Making a Comeback. Was It Something the Fed Said?

The Stock Market Is Making a Comeback. Was It Something the Fed Said?

Original Article Publication Date: 01/20/2019

During Q4 of 2018, many companies reported revenue loss and yet stock prices for many continued to rise at the start of 2019. It's possible that, although the US economy is still strong, there are a few factors like the trade war with China, the slowing of other large international economies, and the government shutdown that can reverse that stock market. Luckily, the current outlook is positive and this is attributed to the Federal Reserve slowing their constantly increasing interest rates.

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Augmented Reality In Business: How AR May Change The Way We Work

Augmented Reality In Business: How AR May Change The Way We Work

Original Article Publication Date: 02/06/2019

Augmented Reality (AR) has become a technological innovation that businesses find extremely helpful. With the number of smartphone and internet users continually rising, AR is being utilized in 5 main ways: retail, industrial applications, design & creative, training, and customer experiences. There are considerations and reasoning for applying AR both internally and externally to help a business grow. Keywords: Marketing, Operations Management, Technical Sales, Technology

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Allergan Isn't Looking So Young Compared to New Competitor Evolus

Allergan Isn't Looking So Young Compared to New Competitor Evolus

Original Article Publication Date: 02/04/2019

Allergan, the company who created Botox, dropped nearly 4% at the announcement that Evolus is entering the market with their anti-wrinkle product, Jeuveau. Allergan, who owns about 70% of the market, is crying foul play, claiming that a former employee stole their secret formula and brought it to Evolus and they intend on taking the rival company to court. Evolus says that Allergen is making false claims only because they plan to sell Jeuveau at 20-25% less than Botox.

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Everything you need to know about the Fourth Industrial Revolution

Everything you need to know about the Fourth Industrial Revolution

Original Article Publication Date: 01/17/2019

When telephones were first invented, it took almost 75 years for 100 million people to gain access to one. In 2016, it took less than one month to hook that same amount of people to the gaming app, "Pokémon Go". This is what analysts are calling the Fourth Industrial Revolution and it is blurring the lines between the physical, digital and biological spheres. Technologies like artificial intelligence and autonomous vehicles are merging with humans' physical lives.

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Why Australia hasn't had a recession in 27 years

Why Australia hasn't had a recession in 27 years

Original Article Publication Date: 02/08/2019

America's economy is on track to its longest period of growth on record, reaching one decade in July 2019. But that's nothing compared to Australia's 27-year run without a recession. Known as "the Lucky Country", Australia benefits from many different factors that have allowed them to avoid an economic collapse for as long as they have.

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On Super Bowl Monday, 17 Million Workers Are Expected to Call In ‘Sick’

On Super Bowl Monday, 17 Million Workers Are Expected to Call In ‘Sick’

Original Article Publication Date: 02/01/2019

The day after the Super Bowl, roughly 17M workers will call in sick due to hangovers or even just a lack of desire. 62% of surveyed managers actually think it's funny but with all humor aside, this absenteeism, coupled with a drop in productivity from those who do show up to work, can create an overall lost of about $4 billion. A large portion of those surveyed believe "Super Sick Monday" should be a national holiday and 72% of HR managers agree.

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Uber Partnering with Transit Agencies

Uber Partnering with Transit Agencies

Original Article Publication Date: 01/31/2019

Uber is continuing its vision to be a one-stop shop for transportation with the integration of public transit agencies into its app. Starting in Denver, Uber will show customers information and directions in real-time to give them a more seamless experience. This benefits the transit companies as well by improving efficiency and allowing customers to purchase tickets on the Uber app. Uber hopes to create partnerships like these with other U.S. cities soon.

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GameStop Drops Most Since 2002 After Failing to Sell Itself

GameStop Drops Most Since 2002 After Failing to Sell Itself

Original Article Publication Date: 01/29/2019

The brick-and-mortar video game retailer, GameStop, has given up the hunt for a buyer after months of struggles to settle on an agreeable price. After announcing this, the company's stock has dropped 26% and the company is still searching for a permanent chief executive officer to save them after the previous CEO stepped down after just a few months. One analyst suggests that GameStop will need to be more aggressive in closing stores and investing in new systems.

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Regulatory Demands for Better Data Governance Push Collibra’s Valuation Above $1 Billion

Regulatory Demands for Better Data Governance Push Collibra’s Valuation Above $1 Billion

Original Article Publication Date: 01/29/2019

Data management company, Collibra, just received $100M in funding from investors like Google to add products and push sales and marketing. Since the GDPR, companies like Facebook and Google need someone to help ensure they stay within the law when it comes to gathering such data. Now Collibra hopes to couple their data management with the resources offered by Google and its parent company, Alphabet, to further their success.

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Humans Wanted: Robots Need You

Humans Wanted: Robots Need You

Original Article Publication Date: 01/18/2019

Despite common belief, a recent report states that automation will actually cause the need to increase, not decrease, headcount for many companies. Around 87% of employers report the need to hire and train more with automation of their business. The main set back? The need to upskill a large majority of workers to keep them relevant and retainable. Read here to see how much this could all cost.

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NumberAI Raises $10.5 Million to Add Texting Intelligence to Business Landlines

NumberAI Raises $10.5 Million to Add Texting Intelligence to Business Landlines

Original Article Publication Date: 01/28/2019

NumberAI's software, Numa, is making landlines cool again by allowing businesses to automatically text customers back, gather data, and receive recommendations for change. The startup has recently raised $10.5M to grow the product and engineering teams since customers send nearly 55B texts to businesses a year and 89% of customers prefer text to calling or email. The product can automate texts based on FAQs, take orders, and direct incoming leads.

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Naspers Takes Full Control of Russian Classifieds Site Avito in $1.16B Deal

Naspers Takes Full Control of Russian Classifieds Site Avito in $1.16B Deal

Original Article Publication Date: 01/27/2019

South Africa's Naspers has gone from a media company to an international venture capitalist and now it has just purchased Russia-based classifieds site, Avito for $1.16B. Naspers hopes to get in on the high-potential market that recently generated Avito $157.5M in six months and is only expected to grow. The purchase was based off of the high internet and smartphone penetration, the unclaimed 73% of the market, and bright future of classifieds in Europe.

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Cost to Train 1.4M Displaced US Workers Could Exceed $34B

Cost to Train 1.4M Displaced US Workers Could Exceed $34B

Original Article Publication Date: 01/25/2019

There could be an additional 1.4M displaced workers due to the implementation of automation, e-commerce, robotics, and AI. This could all cost nearly $34M to train roughly 77% of public- and 45% of private-sector employees in new, viable, desirable and growing roles. The remaining may not have options to train for similar opportunities. The federal government and private organizations are attempting to fund training opportunities to prepare for such changes.

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She’s 35 -- and runs a $3 billion company

She’s 35 -- and runs a $3 billion company

Original Article Publication Date: 07/31/2018

Stitch Fix founder, Katrina Lake, never imagines herself as a CEO, especially as a pre-med student at Stanford University. But an interest in economics led her to, within a matter of years, receive a Master's in Entrepreneurship from Harvard Law School, launched her company as a personalized shopping service, and become the youngest women ever to take a company public and one of the wealthiest self-made women in America. In this article, she shares insights about her journey and what it took to start a company.

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Detailed Data Show the Value of Land Under Homes Across the Country

Detailed Data Show the Value of Land Under Homes Across the Country

Original Article Publication Date: 01/23/2019

An acre of dirt is valued at a higher price than an area of the same size already developed in the area. Yet the demand for that land in one area can be as high as 7,500 times a similar lot in another area. It all boils down to supply and demand and in some areas of the US it is at a major high. The demand is uneven though and areas with already pricey land appreciate faster than others. This leads to the widening of already wide wealth gaps furthering inequality between the rich and poor.

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Sears stood still during the retail revolution. Here’s what other brands can do differently.

Sears stood still during the retail revolution. Here’s what other brands can do differently.

Original Article Publication Date: 10/23/2018

Major brick-and-mortar stores are closing, and online shopping is not the only reason why. Retailers not only face competition from website sales, but also from their suppliers. Once relying on stores as their primary sales channels, suppliers now bypass the brick-and-mortar and ship their goods directly to their customers. Retailers must evolve constantly to remain relevant and survive in today’s cutthroat retail atmosphere.

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Microsoft built a stylus for students as it goes aggressively after education market

Microsoft built a stylus for students as it goes aggressively after education market

Original Article Publication Date: 01/22/2019

For big tech giants like Google, Apple and Microsoft, the classroom has emerged as a battleground and Microsoft is fronting the competition with the latest release of the Microsoft Classroom Pen. Designed specifically for students and compatible with multiple devices, the pen will only be available for purchase in bulk orders and specifically for schools. This release allows Microsoft to take a step ahead of the competition in the education market.

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Smoothing the way for women to return to work after decades away

Smoothing the way for women to return to work after decades away

Original Article Publication Date: 11/16/2018

Mother of twenty-two years, Jennifer Fleck was finally able to return to the workforce as an engineer through General Motors career re-entry program or "returnship". Aimed at recruiting more experienced employees, re-entry programs help people who have taken long extended breaks from the work force to raise a family, for health issues, etc. by helping them refresh on skills they already know and catch up with the new market developments and trainings that they have missed during their time away.

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Riding the RV Revolution, Outdoorsy Fuels Up with $50 Million in Fresh Funding

Riding the RV Revolution, Outdoorsy Fuels Up with $50 Million in Fresh Funding

Original Article Publication Date: 01/15/2019

Outdoorsy, a company that connects customers with rarely-used RVs and other vans big enough to camp in, is quickly gaining traction in the market. After just three years, it has raised a total of $81.5 million and managed 31,000 vehicles. Now plans for international expansion, vacation financing and travel insurance make Outdoorsy an up-and-coming startup.

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Amazon and Nike are charting a course for the store of the future

Amazon and Nike are charting a course for the store of the future

Original Article Publication Date: 10/07/2018

Retail is changing faster than ever and its going beyond just online shopping. Amazon and Nike have recently debuted store concepts that maximize speed and convenience by combining digital offerings with a physical retail location. The advent of tech-focused physical stores proves that brick-and-mortar retail isn't going anywhere soon.

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Amazon’s minimum wage hike comes with a catch for some workers

Amazon’s minimum wage hike comes with a catch for some workers

Original Article Publication Date: 10/03/2018

After raising its minimum wage to $15 an hour, Amazon cut stock options and incentive-based bonuses for some employees. Before the change, stock options guaranteed employees a future slice of Amazon’s stock at a time when individual shares are valued at more than $1,950 and warehouse employees received monthly incentive-based bonuses when their facilities hit production goals.

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Walmart partners with MGM to boost video-on-demand service

Walmart partners with MGM to boost video-on-demand service

Original Article Publication Date: 10/08/2018

Walmart is partnering with US movie studio Metro Goldwyn Mayer to boost its video on demand service Vudu. There have been rumors that Walmart was looking to launch a subscription video-streaming service to rival that of Netflix and produce TV shows to attract more customers but according to company sources, Walmart isn't currently planning such a move.

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These industries could be Amazon’s next targets

These industries could be Amazon’s next targets

Original Article Publication Date: 10/09/2018

This video explores what Amazon is predicted to look like 5 years from now. As a big company, they are looking for new industries to conquer and are making the shift from a product-based company to a service-based company.

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Nike’s Marketing Strikes a Chord Without Hurting Business

Nike’s Marketing Strikes a Chord Without Hurting Business

Original Article Publication Date: 09/25/2018

Nike is known for its emotional ads. Just recently they shared an ad with Colin Kaepernick, the first NFL player that took a knee during the pledge of allegiance to retaliate police brutality, that says “Believe in something, even if it means sacrificing everything”. The ad has caused some tension, but Nike’s sales have continued to be steady. Keywords: Marketing, Advertisement, Franchise

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Best Buy is cashing in as Americans grow older

Best Buy is cashing in as Americans grow older

Original Article Publication Date: 10/08/2018

Americans are getting older and Best Buy used it as an opportunity by buying GreatCall for $800 million. GreatCall makes cellphones with big buttons and bright screens designed specifically for senior citizens. By buying GreatCall, Best Buy has been able to expand their customer base overnight.

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The top reason people start a side business may not be what you think

The top reason people start a side business may not be what you think

Original Article Publication Date: 09/28/2018

Millions of people starts side hustles on top of their 9 to 5 jobs. One insurance company conducted an online survey of over 4,000 adults and 1/4 said they have a side business and 2/3rd's of those reported that finances were the main driver of starting a side hustle and not passion.

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Costco’s secret weapon: Food courts and $1.50 hot dogs

Costco’s secret weapon: Food courts and $1.50 hot dogs

Original Article Publication Date: 10/04/2018

Costco has been able to keep it’s $1.50 hot dog and drink combo for over three decades and it is helping them succeed. Hot dogs are emblematic of Costco's broader strategy to distinguish its warehouses. By maintaining a classic look and low prices despite inflation, Costco has managed to distinguish themselves against the likes of Amazon, Walmart, Target and Kroger.

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Top 8 Business Stories of 2018

Top 8 Business Stories of 2018

Original Article Publication Date: 12/21/2018

2018 was an interesting year in the Business world. This short video goes over what CNN thinks are the top 8 stories of the year in different companies and what aspects and events qualified them to be considered a top business story of 2018.

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GM is reinventing itself. It’s cutting 15% of its salaried workers and shutting 5 plants in North America

GM is reinventing itself. It’s cutting 15% of its salaried workers and shutting 5 plants in North America

Original Article Publication Date: 11/26/2018

GM has announced that it will be cutting 15% of their salary workforce and closing five plants in North America. GM is doing well overall but sales have fallen in North America and Asian markets. Therefore, it is adapting with the times and making moves now while the company is in good shape so it won’t be in a position to need to make harder decisions in the future. These changes will help the company be more efficient and save $6 billion by 2020.

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Is Your CEO On Social Media? If Not, Your Business May Be At Risk

Is Your CEO On Social Media? If Not, Your Business May Be At Risk

Original Article Publication Date: 09/17/2018

Now, more than ever before, people want transparency in companies. CEOs are in the unique position to speak to their customers about business decisions, behind-the-scenes perspectives and insights on industry trends through social media and answer the consumer demand for transparency. Executives who are willing to speak outside of the boardroom give the company a competitive advantage amongst their consumers.

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Arby’s parent company is buying Sonic in a $2.3 billion deal

Arby’s parent company is buying Sonic in a $2.3 billion deal

Original Article Publication Date: 09/25/2018

Largest drive-in chain in the US, Sonic, is being acquired by Inspire Brands for $2.3 billion including debts. Inspire Brands is currently the parent company of chains such as Buffalo Wild Wings, Arby’s, and Rusty Tacos, owning over 8,000 locations across the US. At $43.50 a share, the acquisition will amount to $1.57 billion in cash. Inspire Brands is looking to continue purchasing more brands in the future.

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Plants Power New Products In PepsiCo's Accelerator Program

Plants Power New Products In PepsiCo's Accelerator Program

Original Article Publication Date: 09/11/2018

Global company PepsiCo is expanding their Nutrition Greenhouse accelerator program by selecting 10 startup companies from the US and Canada to participate in a competition used to identify the next generation of healthy food innovators and determine which products are most in demand. Each company is given $20,000 for the competition and paired with a mentor from PepsiCo. The winner receives $100,000 and in turn, PepsiCo gains valuable insight into what the next popular products will be.

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Amazon Is In The Oil Business And It Proves No Industry Is Amazon Proof

Amazon Is In The Oil Business And It Proves No Industry Is Amazon Proof

Original Article Publication Date: 09/14/2018

Amazon has entered the oil industry with the release of its Amazon Basics Synthetic Motor Oil and with only 6 months on the market, Amazon's oil brand is already receiving positive reviews from customers. Amazon's entry into the motor oil industry proves there is no industry that Amazon cannot enter.

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Jeff Bezos: When you find a business opportunity with these traits, ‘don’t just swipe right, get married’

Jeff Bezos: When you find a business opportunity with these traits, ‘don’t just swipe right, get married’

Original Article Publication Date: 09/14/2018

Jeff Bezos shares 4 traits to look for in a successful company; “Customers love it, it can grow to very large size, it has strong returns on capital, and it is durable in time”.

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In Japan, a Scramble for New Workers Disrupts Traditional Hiring

In Japan, a Scramble for New Workers Disrupts Traditional Hiring

Original Article Publication Date: 12/26/2018

Japanese companies, who until now have had the social tradition of hiring new University students every April at equal pay, are beginning to break from tradition as competition for workers grows in Japan’s shrinking labor pool. Companies are shifting towards a more flexible, merit-based employment system by hiring employees with coveted tech skills months earlier and paying them more than other new recruits. Some believe this new system could upset Japan's long-standing social order.

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The Real Reason Female Entrepreneurs Get Less Funding

The Real Reason Female Entrepreneurs Get Less Funding

Original Article Publication Date: 12/20/2018

Dana Kanze focuses on the correlation between gender biases and start-up funding. While women have founded 38% of US companies, they only receive 2% of venture funding. In her research, Kanze discovered a prominent presence of the social psychological theory of regulatory focus that differentiates between two motivational orientations of promotion and prevention during the question and answer section of an entrepreneur’s pitch to investors. Key Words: Entrepreneurship

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The Power of Lean Data

The Power of Lean Data

Original Article Publication Date: 12/29/2018

Nonprofit organizations or social entrepreneurs may have great difficulty in learning more about their customers. Lean data is data that is useful, gathered quickly, and is low cost. Lean data can close the gap between those seeking to do good and their customers. Lean data also provides a way for these organizations to be accountable to their users instead of only their investors.

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Apple Inc. Five Forces Analysis (Porter's Model)

Apple Inc. Five Forces Analysis (Porter's Model)

Original Article Publication Date: 01/29/2017

Tech Giant Apple has achieved success as one of the most valuable companies in the world. This article analyzes Apple Inc. from the perspective of Porters Five Forces, analyzing their strengths and weaknesses in each, shedding light on what the company does to ensure leadership despite the negative effects of external factors.

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Why Michigan Republicans Are Working to Undermine the Minimum Wage Bill They Passed

Why Michigan Republicans Are Working to Undermine the Minimum Wage Bill They Passed

Original Article Publication Date: 12/04/2018

Republican lawmakers and the Chamber of Commerce don't typically associate with the support of higher minimum wage and mandatory sick pay. But particular citizen-driven bills in Michigan were passed legislatively to keep them off the ballet. Now, during the lame-duck session, lawmakers are easily having them removed.

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How This Entrepreneur Bounced Back After Losing a Partnership, Laying Off Her Team and Dealing With $100 Million at Stake

How This Entrepreneur Bounced Back After Losing a Partnership, Laying Off Her Team and Dealing With $100 Million at Stake

Original Article Publication Date: 12/06/2018

As an entrepreneur, Kate Stillwell hit multiple roadblocks when launching her startup, Jumpstart, which helps speed up insurance payments after a disaster. When only 8 days before their launch their biggest partnership fell through and $100 million was at stake, Stillwell says they'd "fallen off a cliff, but didn't die." In this article, Stillwell elaborates on the details of her comeback and eventual launch of her company.

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Benefits and Bonuses Aren't Making Up for Slow Wage Growth

Benefits and Bonuses Aren't Making Up for Slow Wage Growth

Original Article Publication Date: 11/10/2018

Amidst a recovering economy and record-high profits, paychecks are still slow to increase and the theory is that instead of raising wages, companies are giving out bonuses and adding benefits instead. But other economists instead believe that the additional bonuses are only a result of recent tax cuts and this has created a lot of controversy amongst economists.

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How Microsoft Bounced Back

How Microsoft Bounced Back

Original Article Publication Date: 12/03/2018

For the first time since 2002, Microsoft was named the world's most valuable publicly traded company. Three days later, Apple reclaimed the title, but Microsoft has not given up the fight for the top spot. Either way, Microsoft has come a long way since a 2007 Silicon Valley blog post stated "Microsoft is dead."

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It's a do-or-die Christmas  for Sears and Kmart

It's a do-or-die Christmas for Sears and Kmart

Original Article Publication Date: 11/29/2018

This Christmas season can be the last for some major retail giants. Sears in particular is having issues with vendors being willing to supply them if they don’t pay cash upfront because then they might not get cash at all. Some creditors want the company to begin shutting down.

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Black Friday online sales hit record setting $6.22 Billion

Black Friday online sales hit record setting $6.22 Billion

Original Article Publication Date: 11/29/2018

2018 Black Friday online shopping hit record high with people buying up to $6.22 Billion dollars of items. This was a 23% increase than last year. Stats show that a third of the sales came from people purchasing items from smartphones.

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Whistleblowers Ultimately Help Their Companies Perform Better, a New Study Shows

Whistleblowers Ultimately Help Their Companies Perform Better, a New Study Shows

Original Article Publication Date: 11/24/2018

Corporate scandals can be very costly to investors and cause the company a web of lawsuits that could have otherwise been avoided. Studies show that employers who blow the whistle, known as whistleblowers, on wrongdoing help their companies become more profitable in the long run. Companies that provide employees with channels through which they can disclose unethical activity even earn a greater return on assets than firms with underdeveloped whistleblowing platforms.

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This Small Firm Stopped Accepting Cash and it's Been Great for Business

This Small Firm Stopped Accepting Cash and it's Been Great for Business

Original Article Publication Date: 04/03/2018

A small London cafe owner, Ross Brown, stopped accepting cash over a year ago and says that business is better than ever. The decision to go cash-less, for Brown and many other small business owners, has helped make business faster and safer and the UK now ranks as the third most cashless country in the world. This transition toward digital and card payments is forcing many organizations that typically rely on cash to embrace new technology.

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Alan Greenspan Says He is Seeing 'The First Signs' of Inflation

Alan Greenspan Says He is Seeing 'The First Signs' of Inflation

Original Article Publication Date: 11/14/2018

Alan Greenspan, American Economist and former chairman at the Federal Reserve, says that our economy is seeing 'the first signs' of inflation. Seeing inflation first in the tightening of the labor markets, Greenspan states "This is the tightest market I've ever seen." In this article, he elaborates on the reasons why.

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Amazon Will Fail

Amazon Will Fail

Original Article Publication Date: 11/16/2018

Jeff Bezos predicted to Amazon employees that "one day Amazon will fail." As a large company, government regulation and potential antitrust violations are "big concerns" when looking to the future of the company. It is also critical to maintain a customer focus.

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US Economy Market Adds 250,000 New Jobs In October

US Economy Market Adds 250,000 New Jobs In October

Original Article Publication Date: 11/02/2018

Wall Street Analysts had penciled in an estimated 190,000 new jobs for the month of October, but the actual numbers surpassed that by over 30%. Most of the new job gains were in healthcare, manufacturing, construction and transportation. While the unemployment rate stays unchanged at the lowest rate the economy has seen since 1969 (3.7%), the strong employment numbers will give the Federal Reserve the ammunition that it needs to continue raising rates.

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Luxury Brands Buy Supply Chains to Ensure Meeting Demand

Luxury Brands Buy Supply Chains to Ensure Meeting Demand

Original Article Publication Date: 11/18/2018

Many luxury brand markets, for example, the wine-making industry, are facing an enviable problem: a surfeit of demand for its limited supply. Wineries are facing problems with finding enough high-quality raw materials for production. Companies in luxury brand markets are working to secure the sources of their competitive advantage and buy supply chains using vertical integration as a strategy to ensure that they can meet the surging demand of their consumers.

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Ruger, Largest Gun Maker, Might See Profits Hit From Revenue Rule

Ruger, Largest Gun Maker, Might See Profits Hit From Revenue Rule

Original Article Publication Date: 04/11/2018

Ruger, the nation’s largest gun-maker, is set to see a 5% decline in their first quarter profits from adopting the new revenue accounting rules. The company will record $7 million in liabilities in their first quarter from sales promotions and the revenue for their promotional activities will be recorded in a different reporting period. These changes in revenue recognition cause an increase in one quarter report from sales and a decrease in another due to liabilities.

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Chick-fil-A is trying to get into your home

Chick-fil-A is trying to get into your home

Original Article Publication Date: 08/22/2018

Chick-fil-A believes that people think about food the same way they think about shopping: why go to a store when you can order online? That is why the company is opening prototype restaurants to exclusively to fulfill delivery and catering orders and they are miles ahead of the competition. With first-mover advantage in an online order/delivery service and really strong brand loyalty, Chick-fil-A is set to change the future of fast food and move from the restaurant, into your living room.

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This 40-year-old lost almost $100,000 on his first 3 start-ups

This 40-year-old lost almost $100,000 on his first 3 start-ups

Original Article Publication Date: 07/12/2018

When pursuing success, it's too easy to focus only on the 1 in 10 entrepreneurs who make it big on the first try. But it can be beneficial to look at the other side as well. Bryan Long, one of the 9 in 10 entrepreneurs who don't make it big on the first try, has unsuccessfully launched three different start-ups. But he says that it taught him to turn his traditional view of failure on it's head. In this article he shares the how and why.

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Tech Companies Log Billion-Dollar Boost From Accounting Change

Tech Companies Log Billion-Dollar Boost From Accounting Change

Original Article Publication Date: 10/22/2018

New accounting rules that change the way companies recognize revenue are causing for one-time +$billion boosts for some companies on their quarterly reports. The new accounting rules generally require revenue to be recognized when a product is delivered to a customer and not necessarily when the sale is made.

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Google Discloses its (lack of) Diversity

Google Discloses its (lack of) Diversity

Original Article Publication Date: 05/28/2014

In a rare glimpse behind the tech curtain, Google released its 2014 diversity figures. The numbers weren't good, but they were in line with the few other companies that release such figures. Google is making a concerted effort to be more open and proactive about their diversity issues.

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Infosys Unveils 4.0 AI Version For Global Enterprises

Infosys Unveils 4.0 AI Version For Global Enterprises

Original Article Publication Date: 10/22/2018

Whenever a company has something to do and they don't know the best way to do it they call Infosys, a multinational corporation that provides business consulting, information technology, and outsourcing services. With the new technology boom of machines that "think" like we do, Infosys has recently unveiled their new 4.0 Artificial Intelligence framework for industry, utilities and infrastructure.

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ESPN Is Making More Money Than Ever Before Off Of Subscribers Despite Its Dwindling Subscriber Base

ESPN Is Making More Money Than Ever Before Off Of Subscribers Despite Its Dwindling Subscriber Base

Original Article Publication Date: 12/07/2017

When ESPN started losing subscribers in 2011, they began making more money than ever before off of subscription fees and here's why. When they started losing subscribers, instead of lowering the price to try and maintain equilibrium with the demand of subscriptions, they raised their prices by over 50%, becoming the most expensive network on cable. Because the subscription rate grew at a faster rate than the rate of losing subscribers, ESPN started bringing in more revenue than they did before.

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Samsung Sees Smart Homes As A 'Gamechanger' For Loyalty

Samsung Sees Smart Homes As A 'Gamechanger' For Loyalty

Original Article Publication Date: 10/12/2018

In an effort to maintain customer loyalty, Samsung is looking to introduce new smart home technology called SmartTech that will save time on basic household tasks and allow customers the ability to more closely monitor their homes. SmartTech will be able to perform tasks such as starting a washing machine and turning other outlet appliances on and off. But there are also costumer concerns that Samsung is taking into consideration as they prepare to introduce new smart home technology to their customers.

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Disneyland Resort Hotel Workers Approve a New Contract with a $15-An-Hour Minimum Wage

Disneyland Resort Hotel Workers Approve a New Contract with a $15-An-Hour Minimum Wage

Original Article Publication Date: 09/23/2018

After the members of four unions representing ticket takers, ride operators, cleaners, store employees and truck/bus drivers at Disneyland Resort approved a contract through collective bargaining to raise the minimum wage by January 2019. Members from the parks two largest unions supporting hotel and food service workers were not included in the deal. Angry about the outcome of the original deal, additional workers pushed Disney management until a deal was made that included a $15-an-hour raise for all workers.

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How Venezuela's Crisis Developed and Drove Out Millions of People

How Venezuela's Crisis Developed and Drove Out Millions of People

Original Article Publication Date: 08/22/2018

Venezuela sits on top of the worlds largest oil reserve and up until a few years ago, it has kept Venezuela's economy running and stable. Because of the reliance on the oil production and the giant reserve just below their feet, Venezuelans never really bothered to industrialize in any other way. Since oil prices then plummeted in 2014, Venezuela is now facing mass shortages and a failing economy as hyperinflation is only months away from reaching 1 million percent.

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A ‘Million Dollar Listing’ Star Whose Team Sold Over $800 Million of Property Last Year Says He’s Learned People Really Want Two Things From a Boss

A ‘Million Dollar Listing’ Star Whose Team Sold Over $800 Million of Property Last Year Says He’s Learned People Really Want Two Things From a Boss

Original Article Publication Date: 09/08/2018

Ryan Serhant who is a successful real estate agent in New York shares there are two things people really want from a boss. First they want direction and then they want someone who is just nice. Ryan lives the golden rule of treating others how he would like to be treated.

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The PepsiCo Foundation Commits $1 Million and 350,000 Meals to Support Hurricane Florence Relief

The PepsiCo Foundation Commits $1 Million and 350,000 Meals to Support Hurricane Florence Relief

Original Article Publication Date: 09/14/2018

PepsiCo Foundation will be donating $1 Million and 350,000 meals for the Hurricane Florence victims. $500,000 will go to The American Red Cross and another $500,000 to The Salvation Army. PepsiCo Foundation is the philanthropic arm of PepsiCo.

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Who Is Really Getting Rich Off Of The World Cup

Who Is Really Getting Rich Off Of The World Cup

Original Article Publication Date: 06/14/2018

The World Cup is easily one of the most lucrative events but those who pay for the tournament aren't necessarily those who see its profits. While FIFA rakes in billions in revenue every four years, the countries that host the tournaments pay upward of $10 billion. But hosting the World Cup has it's benefits as well. During the 2018 FIFA World Cup in Russia, the former Prime Minister stated that about $14 billion was added to the country's GDP as well as about 220,000 jobs during preparations alone.

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PepsiCo Buys Soda Stream for 3.2 Billion Dollars

PepsiCo Buys Soda Stream for 3.2 Billion Dollars

Original Article Publication Date: 08/20/2018

Soft beverages have been on the decline for years. Foreseeing the future trends of people wanting to go healthy, PepsiCo, the snack and beverage giant has made a 3.2$ billion deal to acquire SodaStream, an Israeli company that makes at home sparkling water.

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How Facebook Lost It's Hiring Edge And Banks Could Benefit

How Facebook Lost It's Hiring Edge And Banks Could Benefit

Original Article Publication Date: 09/21/2018

Since the financial crisis in 2008, banks have been steadily losing junior recruits to large companies like Google and Facebook. But recent scandals within social medias top contender have caused Facebook to lose their recruiting advantage of junior talent. Due to "politically-based divisiveness" Facebook is dropping on recent employer branding studies, being passed by large investment banks like Goldman Sachs. But this is good news for investment banks, since they have nowhere to go but up.

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General Mills Adds More Leave For New Moms And Other Parents

General Mills Adds More Leave For New Moms And Other Parents

Original Article Publication Date: 08/29/2018

General Mills is following the industry trend of adding more paid time off for new parents. Parents will be able to take 12 weeks off with mothers being able to take an additional 6-8 weeks off after having a baby. Companies such as Unilever and Kellogg have already made these changes to their maternity and paternity leaves last year.

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Your Brain is Primed to Reach False Conclusions

Your Brain is Primed to Reach False Conclusions

Original Article Publication Date: 02/17/2015

A discussion about the cognitive bias that makes us prone to assign a causal relationship to two events simply because they happened one after the other. Key words: cognitive bias, causal illusion, decision making

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Why Tesla Has the Most Loyal Customers

Why Tesla Has the Most Loyal Customers

Original Article Publication Date: 09/06/2014

Tesla has done an excellent job of creating brand loyalty among its customers. This article references some of the the psychology of brand loyalty and discusses why Tesla Motors boasts some of the most loyal customers since Apple.

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Engagement Is a Means, Not an End

Engagement Is a Means, Not an End

Original Article Publication Date: 02/22/2016

This article discusses a global B2B sales organization's experiment with removing compliance reports and increasing empowerment. Empowerment boosted sales for only a small group of high performers. It had no positive productivity benefit for the rest.

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CEO Gives Part of His Bonus to Employees

CEO Gives Part of His Bonus to Employees

Original Article Publication Date: 07/19/2012

Yang Yuanqing, CEO of Lenovo, distributed $3 million from his bonus among 10,000 junior-level employees. The employees, such as receptionists, production-line workers and assistants, each received an average bonus of 2,000 yuan, which is $314, in the name of their CEO.

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As Volkswagen Pushed to Be No. 1, Ambitions Fueled a Scandal

As Volkswagen Pushed to Be No. 1, Ambitions Fueled a Scandal

Original Article Publication Date: 09/26/2015

Volkswagen’s unbridled ambition to become the largest automaker in the world is central to one of the great corporate scandals of the age. Volkswagen chose to install software in 11 million diesel cars that cheated on emissions tests. After months of denying the accusations of dishonesty, Volkswagen was finally forced to come clean, with enormous consequences, right after achieving its goal of becoming the number one automaker in the world.

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A Family's 'Culture' Type Trumps its Parenting Style

A Family's 'Culture' Type Trumps its Parenting Style

Original Article Publication Date: 11/28/2012

A University of Virginia study found that family parenting cultures fall into four main categories: The Faithful, Engaged Progressives, The Detached, and American Dreamers. This article presents an opportunity to talk about family cultures and how they may impact organizational cultures.

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Uber Loses London Operating License

Uber Loses London Operating License

Original Article Publication Date: 10/31/2017

Uber will not be issued a new private hire licence, Transport for London (TfL) has said. TfL concluded the ride-hailing app firm was not fit and proper to hold a London private hire operator licence.
London was one of the largest business disruptors in the world and saw tremendous profit in London. Taxi drivers and other public transportation companies were hit and have the largest problem with Uber operating.

  1. With only 5 years operating how should other companies reacted to rideshare programs?
  2. How does culture play into the idea of Uber operating in London? What about other parts of the world?
  3. How should law officials react when drivers are contracted...

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