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Cliff Owen/AP Amazon is reportedly planning to split its second headquarters, HQ2, between two locations: Long Island City in New York and the Crystal City area of Arlington, Virginia, according to The New York Times. Some people are speculating as to whether Amazon will be able to double up on some of the proposed financial […]
Enlarge / People ride shared electric scooters in Santa Monica, California, on July 13, 2018. (credit: ROBYN BECK/AFP/Getty Images) The transportation startup Bird has sued the city of Beverly Hills over its temporary, six-month e-scooter ban. The suit argues that state law, which explicitly allows for “motorized scooters,” actually preempts any municipal prohibitions. The lawsuit, […]
Enlarge / This is the sixth type of vehicle Waymo has added its self-driving technology to. The company has also ordered thousands of Chrysler Pacifica Hybrid minivans for its fleet. (credit: Waymo) Waymo and the California Department of Motor Vehicles announced Tuesday that the Golden State had approved a permit for the self-driving-car company to […]
Countering charges of fearmongering stemming from his description of Central American migrant caravans as “invasion,” President Trump shared his plans to house the newcomers in “very nice” tent cities until their cases are heard. Trump told Fox News he plans to build tent cities to hold the thousands of Central American asylum-seekers currently trekking through […]
Startups are prominent in cities like San Francisco, New York City, or Washington DC — but those are also among the most expensive places to start a new business. Depending on your industry, it can be advantageous to start a business in one of the US cities with the lowest costs. SmartAsset ranked the cities […]
Enlarge (credit: Getty / Aurich) In early August, Boeing’s Leanne Caret and SpaceX’s Gwynne Shotwell took the stage at Johnson Space Center to announce the first astronauts who will fly on their commercial crew spacecraft. It was a significant moment to see two of the most powerful women in aerospace alongside one another—two fierce competitors coming […]
IKEA doesn’t just want to take the pain out of assembling furniture… it wants to eliminate the environmental impact of receiving that furniture. The company recently pledged to offer emissions-free home delivery in five major inner cities (Amsterdam, Los Angeles, New York City, Paris and Shanghai) by 2020. Order an EKTORP sofa and an electric […]
OZY and JPMorgan Chase have partnered to take a deeper look at how businesses can impact society for the better. Enjoy the rest of our special series here. You can hear the sounds of growing neighborhoods. Old homes are getting new roofs, floors and windows. Parks and trees are popping up, creating green spaces and […]
Richard Heyes/Flickr Residents in 16 cities across America are spending a higher share of their income on rent than the national level, according to Zillow. It’s toughest for low-income earners. Home prices have increased faster than incomes since the recession, and rising mortgage rates are making the market more expensive. Housing is getting more unaffordable […]
FROM Auckland to Amsterdam, Sydney to San Francisco, house prices in the best locations have gone through the roof. The Economist’s new house-price index covers 22 of the world’s most vibrant cities (see table). They are home to 163m people, with an economic output equal to Germany and Japan combined. The average price of a […]
