Category: Extra News

Uber, Lyft Bankrupting Cab Drivers and Their Lenders

Ride-hailing apps such as Uber and Lyft have been so disruptive to New York City’s taxi industry, they are causing lenders to fail.   Three New York-based credit unions that specialized in loaning money against taxi cab medallions, the hard-to-get licenses that allow the city’s traditional cab fleet to operate, …

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Uber, Lyft Bankrupting Cab Drivers and Their Lenders

Ride-hailing apps such as Uber and Lyft have been so disruptive to New York City’s taxi industry, they are causing lenders to fail.   Three New York-based credit unions that specialized in loaning money against taxi cab medallions, the hard-to-get licenses that allow the city’s traditional cab fleet to operate, …

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Germany Checking Daimler Cars Amid Diesel Emissions Probe

The German Transport Ministry says the country’s motor transport authority will examine cars made by Daimler amid an investigation into suspected manipulation of diesel emissions controls. Daimler said in May that prosecutors would search several offices in Germany and it was cooperating with the probe. Company representatives met with a …

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Germany Checking Daimler Cars Amid Diesel Emissions Probe

The German Transport Ministry says the country’s motor transport authority will examine cars made by Daimler amid an investigation into suspected manipulation of diesel emissions controls. Daimler said in May that prosecutors would search several offices in Germany and it was cooperating with the probe. Company representatives met with a …

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Radio Flyer Marks 100 Years of Wagon Production

Radio Flyer is rolling its largest “little” red wagon into its hometown of Chicago in celebration of the company’s 100-year anniversary. Radio Flyer’s gargantuan wagon was the centerpiece for the company’s anniversary event Thursday in the city’s downtown area, the Chicago Tribune  reported. The wagon was created 20 years ago …

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Radio Flyer Marks 100 Years of Wagon Production

Radio Flyer is rolling its largest “little” red wagon into its hometown of Chicago in celebration of the company’s 100-year anniversary. Radio Flyer’s gargantuan wagon was the centerpiece for the company’s anniversary event Thursday in the city’s downtown area, the Chicago Tribune  reported. The wagon was created 20 years ago …

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Gaza’s Electricity Shortage at Crisis Level

The electricity supply to Gaza’s 2 million residents has dropped to unprecedented lows, with blackouts lasting for more than 24 hours, the territory’s power distribution company said Thursday, prompting fears of a humanitarian and environmental crisis. The Palestinian enclave needs at least 400 megawatts of power a day, but only …

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McDonald’s Sees Its Future: Be More Convenient

McDonald’s is hoping to make a difference in its future seven seconds at a time.   The company that helped define fast food is making supersized efforts to reverse its fading popularity and catch up to a landscape that has evolved around it. That includes expanding delivery, digital ordering kiosks …

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McDonald’s Sees Its Future: Be More Convenient

McDonald’s is hoping to make a difference in its future seven seconds at a time.   The company that helped define fast food is making supersized efforts to reverse its fading popularity and catch up to a landscape that has evolved around it. That includes expanding delivery, digital ordering kiosks …

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Takata Announces Another Recall of Air Bags

Japanese car parts company Takata on Tuesday recalled another 2.7 million air bags that it previously thought were safe. The recall affects certain Ford, Mazda and Nissan cars from the 2005 through 2012 model years. Takata’s air bags are inflated by a chemical — ammonium nitrate — in emergency situations, …

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