Today, the conservative majority on the United States Supreme Court ruled that states can effectively defund Planned Parenthood, the country's largest provider of reproductive health care. In a 63 ruling, the court changed federal law allowing states to unilaterally cut off all Medicaid funding from Planned Parenthood simply on the basis that it provides abortion care. Now, to be clear, abortion makes up only 3%. Abortion care only makes up 3% of Planned Parenthood services.It is a crucial 3% but it's 3%. T ...

Core Insights - A new study indicates that Uber successfully raised fares, reduced driver pay, and increased profits through a pricing strategy known as "upfront pricing" [1][4][21] Group 1: Pricing Strategy - In 2022, Uber transitioned to "upfront pricing," which provides riders with a price and drivers with potential earnings before trip acceptance [2][3] - This pricing model utilizes various factors beyond trip length and demand to set prices, allowing for more precise pricing strategies [2][3] - The implementation of upfront pricing has been linked to a significant stock price increase of nearly 300% over three years [3][6] Group 2: Financial Impact - The study found that upfront pricing enabled Uber to systematically raise rider fares while cutting driver pay across billions of rides [4][21] - The take rate, or the percentage of fare that Uber retains, increased from approximately 32% in 2022 to about 42% by the end of 2024, with some trips seeing Uber take over 50% [19][21] - The financial performance of Uber improved significantly, culminating in the company reporting its first annual profit in 2023 [6] Group 3: Driver Experience - The analysis, based on data from a single driver, revealed that driver earnings have decreased since the introduction of upfront pricing, despite rising operational costs [8][10] - The driver in the study experienced pay cuts starting in September 2022, coinciding with the rollout of the new pricing model [10] - Many drivers have reported a significant drop in their share of fares, with one driver noting a decrease from over 50% to less than 30% of the total fare [12][13] Group 4: Economic Theory - The study suggests that Uber has mastered "price discrimination," allowing it to determine the maximum price riders are willing to pay and the minimum drivers will accept [5][6] - This concept, previously theoretical, has been operationalized by Uber through its data and algorithms, positioning the company as a leader in this pricing strategy [6]

So, I've only actually ever been to Starbucks once, and it's quite a funny story. So, because it was my first time there, I had no idea how the ordering process worked. And couple that with the fact that I was quite an awkward person, and you get an interaction that went a little something like this.Uh, hi. Can Can I get the small lemonade, please. Oh, I'm sorry.You must mean the the tall cool line. Oh. Oh, yeah.Sorry. Yeah, that's right. That's right.Okay, that'll be 390. Thank you. And then the barista as ...

So, Todd, this is not a done deal. It's still in the early consideration stages. But your reporting shows we're talking about the IRS, which is part of the Treasury Department.How far along the process do we think they are. It's unclear. We just know that the Treasury is considering these proposals.The Office of Tax Policy, where, you know, these sorts of rules are normally drafted and considered is, you know, you know, discussing the possibility of codifying, you know, what Trump has threatened Harvard wit ...

In February 2025, Nanzong and his son Stanley filed a lawsuit against the University of California system alleging racial discrimination against Asian-Americans in the college admissions process. Stanley Zong was no ordinary applicant. By age 18, he had demonstrated such exceptional coding prowess that Google hired him at an L4 position, typically requiring a PhD or equivalent experience.After rigorous technical interviews with five Google engineers, he created Rapid Sign, a free e-signing service built on ...