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Sri Lanka's Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis
Sri Lanka's Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis
Sri Lanka’s Cabinet has approved a program to restructure the country’s staggering domestic debt as the island nation struggles to emerge from an economic crisis that has engulfed it since last year
2023-06-28 23:17
China criticizes German call for reducing dependency on Chinese products as 'protectionism'
China criticizes German call for reducing dependency on Chinese products as 'protectionism'
China has criticized a German government call for reducing dependency on Chinese products as a form of protectionism
2023-07-14 19:50
Insider Q&A: An economist who sees a recession coming despite economy's resilience so far
Insider Q&A: An economist who sees a recession coming despite economy's resilience so far
For more than a year, the U.S. economy has defied predictions of a forthcoming recession
2023-07-31 21:28
Citi warns UK staff of cuts as hundreds of roles could be affected - memo
Citi warns UK staff of cuts as hundreds of roles could be affected - memo
By Anousha Sakoui LONDON (Reuters) -Citigroup has warned UK-based employees of the likelihood of redundancies as the lender pushes ahead
2023-09-22 19:23
AIT Worldwide Logistics’ expansion continues in Malaysia, Singapore
AIT Worldwide Logistics’ expansion continues in Malaysia, Singapore
ITASCA, Ill.--(BUSINESS WIRE)--Oct 29, 2023--
2023-10-30 10:24
SWISSto12 Secures CHF 25 Million (€26.15 million) Working Capital Financing Facility from UBS for HummingSat Satellite Business
SWISSto12 Secures CHF 25 Million (€26.15 million) Working Capital Financing Facility from UBS for HummingSat Satellite Business
LAUSANNE, Switzerland--(BUSINESS WIRE)--Sep 13, 2023--
2023-09-13 14:28
Uber Eats driver says he waits in wealthy areas to make as much money as possible
Uber Eats driver says he waits in wealthy areas to make as much money as possible
A 22-year-old food delivery driver revealed to Insider, that he deliberate hangs around affluent neighbourhoods to try and make as much money as possible. Jay is a 22-year-old based in Philadelphia who delivers food on his bike for DoorDash and Uber Eats as a “weekend side hustle”. He shares his delivery experience with his over 140,000 TikTok followers, but never shows his face. Both DoorDash and Uber Eats include a base payments for drivers. These base payments depend partly on the distance of the delivery, occasional incentive fees to entice drivers, and any up-front tip the customer includes. Jay explains that the base pay is a large factor in how he decides which deliveries to take. Jay’s base payment is on average between $2 and $2.50, although some could be as high as $4.50. When a delivery offer comes in as low as $2 or $2.50, it means that the customer did not tip up front, according to Jay. It is possible to tip drivers after the order is delivered on both DoorDash and Uber Eats, but Jay told Insider that he was not interested in potentially wasting his time after delivering an order. Therefore, he mainly only accepts orders with the highest payments, and declines roughly 75 per cent of the order he receives. “I’m not doing this to gamble. I’m doing this to make money,” he said. “So I’m not really interested in playing the game of, ‘Oh, maybe I’ll do this person’s delivery for a guaranteed $2.50. Maybe it might be more.’ I don’t play that game. And most people don’t like to play that game.” @downtownhustle This is one od the rare times where it was worth it to deliver a @wendys order.. lol #CapCut #tiktoklive #bikedelivery #deliverydriver #ubereats #phillytok #philly #doordashdriver Both DoorDash and Uber Eats drivers keep 100 per cent of their tips. “I think people should be tipping for the premium service that they’re being provided,” he added. The New York Times, reported last week that delivery drivers tips have decreased since the pandemic. And as inflation continues to influence people’s financial decisions, and may mean people cut back on delivery tips. Alix Anfang, an Uber spokesperson, told Insider that tipping had increased since 2020. “Food delivery has always had a high tipping rate, but the average tip on a delivery increased even further by about 20 per cent” Anfang said. Speaking of waiting around in wealthier areas to get better tips, Jay shared “I’ll sit in Rittenhouse Square in the park, and I’ll get an order that’s from a fancy Italian restaurant. It’s a two-block delivery, and it ends up paying me $20 because this person doesn’t want to walk two blocks in the winter cold.” Jay added that winter is when his pay increases because there are fewer driver to compete with, and many don’t want to go out into the adverse weather conditions. Speaking to Insider, Jay said he planned to continue the gig work on the weekends. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-23 23:58
Bavarian village to decide future of key BMW factory
Bavarian village to decide future of key BMW factory
A sleepy Bavarian village could decide the future of BMW's drive towards electromobility as it goes to the polls on Sunday over the German automobile giant's plans...
2023-09-24 11:58
LVMH shares plunge after luxury giant reveals sharp slowdown in sales growth
LVMH shares plunge after luxury giant reveals sharp slowdown in sales growth
Shares of LVMH fell as much as 8% Wednesday after the luxury goods conglomerate said revenue growth in the third quarter was much slower than in the first half of the year.
2023-10-11 20:15
Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
JAKARTA Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs),
2023-07-25 11:59
Most Asian markets see fresh gains as traders await Fed guidance
Most Asian markets see fresh gains as traders await Fed guidance
Most Asian stocks crept back up Thursday after another positive day on Wall Street, with focus on upcoming speeches by Federal Reserve officials, while oil edged back after a second...
2023-11-09 10:57
South Korean AI chip intellectual property startup valued at $81.4 million
South Korean AI chip intellectual property startup valued at $81.4 million
By Max A. Cherney (Reuters) -The South Korean chip startup Panmnesia has raised a seed round that values it at
2023-09-15 10:51