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New Yorkers now use Uber more often than taxis

9 days ago   |   By

Flickr / Jason Lander Uber has made a concerted push to expand its reach in New York City, and it's starting to reap the benefits.
For the first time ever, more people are using Uber in New York than the city's classic yellow taxi cabs, the New York Times reported this week. On the average day in July, for example, Uber completed 289,000 rides while New York taxis recorded 277,000 trips, according to the report.
Uber's new lead is the result of sending thousands of black cars to New York's outer boroughs, such as Queens and the Bronx, according to The Times. Cabs can be hard to find in...
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WatchTime Kicks Off in New York City

WatchTime Kicks Off in New York City

9 days ago   |   By

By Olivia Cuccaro
Check your world timer for New York this weekend as the watch event of the season arrives in the city. For the third year running, the event is set to bring the latest and greatest in luxury timepieces in front of experts and enthusiasts alike. This year's show welcomes 30 of the world's most prominent brands to the Gotham Hall venue, inviting those in attendance to see and try on watches - some for the very first time.
WatchTime New York kicks off today with a cocktail party sponsored by Wempe, followed by tomorrow's full day of seminars including an ode to James Bond's...
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'The Walking Dead' season 8 premiere director answers every question you...

'The Walking Dead' season 8 premiere director answers every question you have after Sunday's action-packed episode

Gene Page/AMC Warning: There are massive spoilers ahead for "The Walking Dead." The season eight premiere of " The Walking Dead " was one of the show's largest episodes to... Read more ...

The yen is at a three-month low after Abe's win, while the euro struggles

The yen is at a three-month low after Abe's win, while the euro struggles

Kent Nishimura/Getty Images Japan's currency hit a three-month low on Monday following a win for Prime Minister Shinzo Abe's government. The US dollar was a major... Read more ...

A fund chief at $2.6 trillion giant State Street says America's hottest...

A fund chief at $2.6 trillion giant State Street says America's hottest investment product is warping the stock market

State Street State Street Global Advisors, a $2.6 trillion asset manager, is a huge player in the passive-investment movement, developing index and exchange-traded funds that... Read more ...

Former U.S. President Jimmy Carter says he would travel to North Korea on a...

Former U.S. President Jimmy Carter says he would travel to North Korea on a diplomatic mission

REUTERS / Neil Hall Former U.S. President Jimmy Carter said he would be willing to travel to North Korea on a diplomatic mission. "I told him that I was available if they ever... Read more ...

Stocks are more than twice as highly valued today as they were in 1987...

Stocks are more than twice as highly valued today as they were in 1987 before the crash

Thursday was the 30th anniversary of the stock market crash of 1987 so I thought it might be interesting to compare today's stock market to that earlier one. Using the ‘Buffett... Read more ...

The new titans of Wall Street have their eyes on your savings

The new titans of Wall Street have their eyes on your savings

Thomson Reuters Private equity firms are attracting assets, with Blackstone, the biggest name in the industry, expected to see inflows of $100 billion in 2018 and 2019. The... Read more ...

Billionaire hedge fund manager Dan Loeb's Third Point is crushing the...

Billionaire hedge fund manager Dan Loeb's Third Point is crushing the competition

REUTERS/Steve Marcus Dan Loeb's Offshore and Ultra funds hold respective gains of 14.5% and 23% this year. The average hedge fund was up 5.92% through September 2017. Third... Read more ...

How to raise a monster round of funding when your competitor has 30 times...

How to raise a monster round of funding when your competitor has 30 times more cash than you and keeps threatening to squash your startup

Jeff Chiu/AP Ride-hailing service Lyft recently raised $1 billion in a funding round led by Alphabet's investment arm. But just three years ago, Lyft was the little guy. Lyft... Read more ...

Formula One Is Giving Us The Live Stream We Demanded In 2018

Formula One Is Giving Us The Live Stream We Demanded In 2018

Formula One listened to our demands , and they're finally giving us what we want. F1's Managing Director of Commercial Operations Sean Bratches told Autosport that the series... Read more ...

5 'Shark Tank' judges share the best things they've ever bought for less...

5 'Shark Tank' judges share the best things they've ever bought for less than $100

Frederick M. Brown/Getty Images Five judges from the television show 'Shark Tank" share the best thing they've purchased for little money that reaped a big return. Kevin... Read more ...