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Economy

Officials say tipping would also improve transparency for drivers to see how their paychecks are calculated. The proposal seems designed mostly to force Uber's hand, requiring the ride hailing service to offer an in-app tipping option, something it's been reluctant to introduce thus far.
  • Bride and groom dragged off United flight by US Marshal

    Economy

    The policy change is meant to make sure incidents like the one earlier this month "never happen again", the spokeswoman said. Videos taken by other passengers show a now-suspended security officer with the Chicago Department of Aviation leaning over to grab Dao and pulling him up.
  • Korea gears up to celebrate birthday of country's founder

    Korea gears up to celebrate birthday of country's founder

    Economy

    State television showed Kim stepping out of a limousine, wearing black suit and a white shirt, and saluting his honour guard before walking down a red carpet. North Korea's leadership has warned the U.S. it is "ready to hit back with nuclear attacks" if provoked. Unlike at some previous parades attended by Kim, there did not appear to be any senior Chinese official in attendance.
  • What Are Analysts Opinions On Encana Corporation (ECA)

    Economy

    These analysts also forecasted Growth Estimates for the Current Quarter for ECA to be 126.7%. GMP Securities restated a "hold" rating and issued a $13.25 price target on shares of Encana Corp in a research note on Friday, March 31st. This represents a $0.06 annualized dividend and a yield of 0.52%. The firm earned "Neutral" rating on Monday, March 21 by Hilliard Lyons. Encana Corp's dividend payout ratio is now -3.97%.
  • J.C. Penney Company, Inc. Holding Company (NYSE:JCP) Quarterly Analysis

    Economy

    On Thursday, Shares of J C Penney Company Inc (NYSE:JCP) lost -1.83% to $5.91. A number of analysts have recently weighed in on JCP shares. Holding Company giving the company a "neutral" rating. Its sales stood at 22.80% a year on average in the period of last five years. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
  • National Company Law Tribunal dismisses Cyrus Mistry's waiver plea

    National Company Law Tribunal dismisses Cyrus Mistry's waiver plea

    Economy

    But Sundaram had said, "When a petition raises issues which relate to vital characteristics of a company which is a household name a waiver in such a case would be of utmost importance". If the NCLAT also rejects the petition, the Mistry family firms can also move the Supreme Court seeking the waiver. Ltd - two companies owned by Cyrus Mistry's family - requested the tribunal to waive the requirement that shareholders hold at least 10 percent of a company to file a petition against promoters.
  • US VP Pence Arrives Near DMZ After Failed North Korea Missile

    US VP Pence Arrives Near DMZ After Failed North Korea Missile

    Economy

    Pence said that the era of U.S. "strategic patience" in dealing with the North was over, after more than two decades. Sergey Lavrov is responding to Vice President Mike Pence's statement Monday in South Korea that the "era of strategic patience is over" with regard to North Korea's efforts to build nuclear weapons.
  • United Airlines to compensate all passengers on flight when man dragged off

    United Airlines to compensate all passengers on flight when man dragged off

    Economy

    An online petition shows more than 30,000 signatures from people demanding the CEO of United Airlines resigns. Dao was treated for injuries he suffered to his face and a police officer involved in the incident has been placed on leave . It can happen if the plane is overweight or air marshals need a seat. "At a time when the airline industry is earning record profits, it is our hope that the industry can make great strides to improve customer service and implement best practices", the ...
  • Toyota is Helping to Make America Great Again with Record Investment

    Toyota is Helping to Make America Great Again with Record Investment

    Economy

    The investment will be used to enable the plant to make vehicles using Toyota New Global Architecture, a system created to make the company more nimble in auto development. Toyota says the upgrades amount to its biggest single investment ever at an existing plant in the United States. With the present investment commitment, the total investment in the last four years at the plant is valued at $1.86bn.
  • Mike Pence visits military camp near Korean Demilitarized Zone

    Mike Pence visits military camp near Korean Demilitarized Zone

    Economy

    China's State Councilor Yang Jiechi and U.S. Secretary of State Rex Tillerson exchanged views on the situation on the Korean Peninsula by phone on Sunday, China's foreign ministry said , without giving more details. But dialogue for the sake of having dialogue is meaningless". Mr Abe also urged China and Russian Federation to play more constructive roles on the issue.
  • Arconic CEO Klaus Kleinfeld steps down

    Arconic CEO Klaus Kleinfeld steps down

    Economy

    Directors of Arconic , the aerospace and automotive industry supplier formed when Alcoa split into two companies in November, said Mr. Kleinfeld sent the letter to Elliott Management without consulting or seeking authorization from the board.