Advertisements
Worthy Insights / Opinion Pieces / Advice
- “A team from Stanford, Stephen M. Zoepf, Stella Chen, Paa Adu and Gonzalo Pozo, under the auspices of MIT’s Center for Energy and Environmental Policy Research obtained information from 1100 Uber and Lyft drivers using questionnaires and information about vehicle-specific operating costs, such as insurance, maintenance, repairs, fuel and depreciation.”
- “Their main finding:”
- “Results show that per hour worked, median profit from driving is $3.37/hour before taxes, and 74% of drivers earn less than the minimum wage in their state. 30% of drivers are actually losing money once vehicle expenses are included. On a per-mile basis, median gross driver revenue is $0.59/mile but vehicle operating expenses reduce real driver profit to a median of $0.29/mile.”
Markets / Economy
Environment / Science
NYT – Europe Was Colder Than the North Pole This Week. How Could That Be? – Kendra Pierre-Louis 3/1
China
FT – China’s super-rich lose political clout – Tom Mitchell 3/1
- “Sharp drop in billionaires at parliamentary sessions as standing falls under Xi Jinping.”
Visual Capitalist – China’s Staggering Demand for Commodities – Jeff Desjardins 3/2
New Zealand
FT – ‘Billionaire bolt-holes’ under threat in New Zealand – Jamie Smyth 3/1