Scooter Startups Roll Into Trouble as Cities Slow Their Expansion

Shortly after two startups dropped hundreds of scooters on the streets of Denver without permission in May, frustrated city officials responded swiftly with vehicles of their own. A platoon of workers in vans and pickups scooped up more than 300 of the scooters and impounded them. As shared-scooter companies Bird Rides Inc. and Lime, flush…

Continue Reading →

Jurors give $289 million to a man they say got cancer from Monsanto’s Roundup weedkiller

So they awarded him $289 million in damages — mostly to punish the agricultural company Monsanto. Dewayne Johnson’s victory Friday could set a massive precedent for thousands of other cases claiming Monsato’s famous herbicide causes non-Hodgkin’s lymphoma. Since then, hundreds more plaintiffs — including cancer patients, their spouses or their estates — have also sued…

Continue Reading →

What’s the Right Number of Taxis (or Uber or Lyft Cars) in a City?

When Uber and Lyft first entered the market, offering a ride-hailing service that would come to include tens of thousands of amateur drivers, most major American cities had been tightly controlling the competition. New York City allowed exactly 13,637 licenses for taxicabs. Chicago permitted 6,904, Boston 1,825 and Philadelphia 1,600. These numbers weren’t entirely arbitrary.…

Continue Reading →

Crocs will outsource its manufacturing and close some unsuccessful stores

Colorado-based footwear company Crocs Inc. is closing company-owned manufacturing plants in Italy and Mexico by year’s end and replacing its chief financial officer. The company announced the outsourcing of additional manufacturing and the closure of a distribution facility in Mexico Tuesday while reporting a second-quarter profit of $30.4 million, or 35 cents per share. Crocs…

Continue Reading →