Drivers of New Zealand Uber Drivers' Association are saying that they are facing a noticeable drop in their income but a rise in workload as the company's fare prices have dropped.
In April, Uber announced a twenty percent drop in its prices. The app based ride hailing service also changed the process how one can become an Uber driver.
Earlier, if someone wanted to be a driver they had to dish out $2000 plus three months for medical checks and acquiring the different licenses. Now it costs $20 and approximately six days to finish the entire process.
Time and again, surveys have indicated that more people in the United States worry about running out of money after retirement.
According to a survey conducted by Wells Fargo-Gallup greater than a third of retired US investors and about half of those who are yet to retire said they worry about running out of money and being forced to live Social Security as the key source of income. One might think, the idea will push people to save more but most of them do not even know how much savings are enough for their retirement days for a comfortable living.
Labour leader Andrew Little has spoken at the Green Party Conference about the newly formed partnership between the parties aiming to change the government.
Mr. Little has said that the two parties have to work to offer a credible alternative to the National-led Government. It was the first time that a Labour leader has spoken at a Green Party AGM and it came just days after the parties signed a Memorandum of Understanding to work together till the elections to change the government in the country.
Rescue teams and other crew recovered four bodies on Friday increasing the total death toll to nine following an accident involving an Army truck falling into floodwaters at Fort Hood in the state of Texas. Twelve soldiers were on a training missionwhen their vehicle became stuck in the flooded creek at a remote section of the army post.
On Friday, a new conspiracy charge was slapped against Martin Shkreli, the former pharmaceutical executive of Retrophin Inc and his former lawyer, Evan Greebel in Brooklyn.
In December, both of them were accused and arrested for stealing money from Retrophin Inc. to cover up for the losses which investors suffered at Mr. Shkreli's hedge funds.
It seems troubles for 'Obamacare' aren't over yet as many insurers nationwide have cited financial losses under the health care law and are saying they hope for a premium increases in 2017.
Including Texas, insurers in several states are facing problems like lower than expected enrollment, more number of customers who are sicker than expected and also problems with the financial backstop offered by the government for insurance markets.