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Barclays Report: Despite Weak IPOs, Uber And Lyft Can Be Profitable

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A new report from Barclays Capital about transportation in New York City says Uber and Lyft can achieve profitability in the future despite their poor initial public offering (IPO) showings this year, according to a report by Bloomberg. . Regulatory issues regarding ride-hailing around the world have also been a concern.

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NYC Taxi Commission Accused Of $810 Million Fraud

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New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb. A taxicab medallion is a numbered plate required to operate a yellow cab.

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Amazon Gains Juicy Incentives With New Headquarters Locations

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No offense against a great part of New York City, but sometimes it can take a little bit of a push to get people (tourists, mainly) to visit Queens. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

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-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. Criminals can direct federal or state tax authorities to issue fraudulent tax refunds on prepaid debit cards.”.

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Soupman Files For Bankruptcy Protection

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New York City soup producer and marketer Soupman – home of Seinfeld’s “Soup Nazi” character – has filed for bankruptcy protection following charges against former CFO Robert Bertrand last month. million, and total alleged tax loss to the U.S. million, and total alleged tax loss to the U.S. was about $594,000.

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What’s Next For Real Estate In Amazon’s HQ2 Cities?

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13) on its new headquarters. The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., and in Long Island City, a neighborhood in Queens, New York City. In New York City, Amazon’s $1.2

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Local Governments Move In On Retail Vacancies

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Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. Even smaller cities are opting for such taxes.

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