Business News

PSTA Gets Grant from Florida Department of Transportation to Partner with Uber for Free Rides

PSTA Gets Grant from Florida Department of Transportation to Partner with Uber for Free Rides

In a new kind of public and private partnership, the Pinellas Suncoast Transit Authority (PSTA) is soon going to offer a free ride to those residents with transportation-disadvantage and its partner being none other than Uber Technologies Inc.

City Mayor Says Kansas City is Ready to go “Smart”

City Mayor Says Kansas City is Ready to go “Smart”

The seven finalists out of seventy eight applications for the desired $40-million federal transportation grant are Kansas City, Denver, Pittsburg, Columbus, Austin, Portland, San Francisco. On Thursday, the mayors of these cities made presentations to Foxx in Washington.

Shares of Restoration Hardware Holding Inc Drop with Weak Quarterly Results and Full Year Guidance

Shares of Restoration Hardware Holding Inc Drop with Weak Quarterly Results and Full Year Guidance

Restoration Hardware Holdings Inc's shares dropped on Wednesday during the after-hours trading. The company based in Corte Madera, California, failed to meet expectations as it reported its quarterly results.

Oppenheimer Holdings Inc Agrees to Pay $3 Million to Settle Charges of Inappropriate ETF Sales

Oppenheimer Holdings Inc Agrees to Pay $3 Million to Settle Charges of Inappropriate ETF Sales

Without admitting or denying any wrongdoing, Oppenheimer & Co agreed to pay almost $3 million as fines and restitution for settling federal charges that it sold risky exchange-traded funds incorrectly to elderly customers who are mostly averse to risks and also to other retail investors.

New Report says Millionaires will Control Fifty Two Percent of World’s Wealth by 2020

New Report says Millionaires will Control Fifty Two Percent of World’s Wealth by 2020

A new report released on Tuesday states that millionaires will have control greater than half of the total wealth in the world by 2020.

Marwan Fawaz Nest’s New CEO has Selling Experience; Will Alphabet use His Skills to sell Nest Labs in Future?

Marwan Fawaz Nest’s New CEO has Selling Experience; Will Alphabet use His Skills to sell Nest Labs in Future?

Tony Fadell, who has a significant hand in developing hot selling products like the iPod and iPhone, stepped down as the CEO of Nest Labs, a division of Google's parent, Alphabet.

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