China’s Meituan Dianping just became the world’s fourth-most valuable startup, reaching a $30 billion valuation that puts it ahead of high-fliers like Airbnb Inc. and Space X. Never heard of Meituan? You’re not alone. The Beijing-based company, led by Wang Xing, is almost unknown beyond its home country. It delivers…
Though the California wildfires have caused considerable damage to the Napa Valley area, they have also created an opportunity for people to step up and help their community. Compline Wine Bar, Napa Cigars, and Blackbird Inn are three local mainstays that still have power, and have been doing their part…
The suburban shopping mall as we know it is dying. Department stores are boarding up, classic mall staples like J. Crew and Abercrombie & Fitch are on death’s door, and Americans are increasingly turning to Amazon for their shopping sprees. But in some cases, a new form of commercial center…
“It depends on what your definition of ‘moron’ is…”Image: MICHAEL REYNOLDS/EPA-EFE/REX/Shutterstock By Marcus Gilmer2017-10-04 15:50:40 UTC Oh, America, you continue to find small ways to delight us — even as this ship goes down in flames. On Wednesday morning, Secretary of State Rex Tillerson called a press conference to address…
The board of directors thanked Richard Smith “for his 12 years of leadership” as Smith showed himself the door while he reminded the 140,000,000 Americans whose lives he’d destroyed through insanely lax security and months of shambolic inaction that “I have been completely dedicated to making this right.” …
Dara Khosrowshahi.Image: Rob Latour/REX/Shutterstock By Gianluca Mezzofiore2017-09-25 11:50:05 UTC Uber is in conciliatory mode, at least in London. After Transport for London (TfL) stripped the car-riding app of its licence to operate in the UK capital, the CEO Dara Khosrowshahi penned an open letter in the Evening Standard in which…
484 Shares Image: SGranitz/WireImage/Getty images By Adam Rosenberg2017-09-23 19:07:24 UTC If there’s anything constructive to take from Donald Trump’s continuing crusade against black athletes in the NFL protesting racial injustices in America, it’s that he seems to have lost touch with reality. Less than 24 hours after his initial, poorly…
Facebook spent most of 2017 promising to do better. The social network has been in hot water ever since last year’s historically nasty presidential election laid bare how its ultra-precise ad targeting can be used for nefarious political means. Yet for all the company’s tough talk now, Facebook categorically denied…
What’s the opposite of ticket scalping? The business visionary behind the Fyre Festival reportedly bought up pricy concert and theater tickets to sell on members of his other business, racking up thousands of dollars in losses along the way, according to a report from Vice News. Billy McFarland, the now-infamous…
286 Shares Flying out of Miami was getting pricey without fee caps.Image: DANIEL SLIM/AFP/Getty Images By Sasha Lekach2017-09-07 22:12:28 UTC UPDATED 3:48 p.m. PT with comment from Delta. It may be close to impossible to get a flight out of Florida with Hurricane Irma breathing down the coastal state’s neck,…
