Sam Grobart has a very good piece in Bloomberg explaining how Gogo became the largest in-flight internet provider in the U.S., and how it earned $409 million in 2014 despite, well, everyone complaining how bad the service is.
Here’s something you’ve perhaps noticed on your own: rents have been getting crazy high!
“Canadians visit the U.S. more than Americans visit Canada.”
Theory: Expecting X and getting X+ = happiness; expecting Y and getting Y- = unhappiness, even if Y- > X+.
Instead of tax code changes that could be here one year and gone the next, I myself would prefer structural and societal changes in the way we support parents.
New York City’s bikeshare system, while popular, is inching towards bankruptcy and bleeding more money every day. So what the hell is going on? One problem is that it’s popular with local users who get the yearlong passes with a much lower profit margin than the single-use passes intended to fund the system. The idea of visiting New York City and hopping on one of these bikes on a whim does seem like a bit of a stretch.
With, “How to Make a Bikeshare Fair and Functional” Jordan Fraade at the Baffler looks at the bigger picture:
From Bloomberg, a look at the minimum wage debate via the state of Washington, which has the highest state minimum wage in the country.