Viamericas, a licensed money transmitter, has launched its...

For the first time, Uber will guarantee drivers an hourly wage of $20 an hour in Los Angeles, or $26 during peak times.; Credit: David Ramos/Getty Images

To keep demand high during the slower winter months, the ridesharing service, Uber, has cut fares by 20 percent in 48 markets – including Los Angeles and Orange County.

The company says a trip from West Hollywood to downtown will now be around nine dollars, instead of $11.

When Uber lowered prices in the past to muscle out competitors like Lyft and taxi services, passengers loved it but drivers have complained it puts an unfair squeeze on them, complaining their already low take went even lower.

Uber stresses the fact cutting fares actually helps drivers because they get more business. In a blog post, the company points to data from Chicago where fares dropped 23 percent last month compared to December 2013 while drivers' income increased by 12 percent.

But drivers have been skeptical whether volume can make up for the price drop. The company's claim that New York city drivers earn a median of $90,766 a year has been refuted. Slate talked to New York UberX driver Jesus Garay in October:

“They say it doesn’t hurt the pocket of the drivers,” Garay says of the 20 percent fare cuts. “It does. Because it’s impossible with those numbers to be in business.”

The way drivers see it, ride volume can only increase so much in response to lower prices. Garay says that on average, a ride takes him 20 minutes from start to finish: five minutes to reach the pickup location, five to wait for the customer, and 10 to drive to the destination. For a trip of that length, Garay says he’ll make $10 or $11. “So if you’re busy, you’re going to make three rides in an hour,” he explains. 

Newly flush with a $40 billion valuation, Uber is now willing to put its money where its mouth is; For the first time, Uber will guarantee its partners – as it calls them -  an hourly wage of $20 an hour in Los Angeles, or $26 during peak times. (The guarantee comes with a few conditions: Drivers have to accept 90% of trips, average at least one trip per hour, and be online for 50 minutes of every hour worked)

This content is from Southern California Public Radio. View the original story at SCPR.org.

An apartment in Pomona that leases through the Housing for Health Program. (Matt Tinoco/LAist)

Our California Dream collaboration is looking for solutions to some of California's most pressing problems, in this case, homelessness. An initiative in Los Angeles seeks to save taxpayer money by housing some of the most vulnerable residents — those who cycle from the street to the emergency room and back again.

The California Dream series is a statewide media collaboration of CALmatters, KPBS, KPCC, KQED and Capital Public Radio with support from the Corporation for Public Broadcasting and the James Irvine Foundation.

READ THE STORY AT LAist.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.

Crypto payment gateway Alchemy Pay has acquired Money Transmitter Licences (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming.

 Many parents avoid any discussion about the facts of life with their children. Are you one of many contractors who have never clearly defined the “facts of wages” with each of your employees? 

TASHKENT, 15 October 2015 – An OSCE-supported roundtable discussion introducing representatives of local law enforcement bodies to the methodology of a national assessment of money-laundering and terrorism-financing risks in Uzbekistan was held today in Tashkent.

International experts invited by the OSCE Project Co-ordinator in Uzbekistan presented the results of their work on devising a comprehensive and tailored methodology for conducting a national risk assessment in the country.

“The OSCE continues to support international efforts that have made national risk assessment the standard in the fight against money laundering and the financing of terrorism,” said the OSCE Project Co-ordinator in Uzbekistan Gyorgy Szabo. “We see this as an essential step on the road to eliminating money laundering and terrorism financing in Uzbekistan.”

The discussion is part of a wider process of consultations with representatives of Uzbek law-enforcement agencies and the private sector to implement a national risk assessment on money laundering and the financing of terrorism.

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ISSYK-KUL, Kyrgyzstan, 8 July 2016 – A five-day training course supported by the OSCE Centre in Bishkek on a risk-oriented approach in supervising activities related to anti-money laundering and combating the financing of terrorism concluded today in Bosteri village, in the Issyk-Kul region.

The aim of the workshop, which was organized by the State Financial Intelligence Service under the Government of the Kyrgyz Republic (SFIS) in partnership with the International Monetary Fund (IMF), was to update the relevant State agencies and financial institutions on the practical aspects of a risks-oriented approach in their work. Some 46 officials from law enforcement agencies, supervisory agencies and financial institutions took part.

“A risks-oriented approach is the process which allows the countries to identify, assess and understand risks to effectively combat money laundering and financing of terrorism,” said Nana Baramidze, Senior Economic and Environmental Officer at the OSCE Centre. “The OSCE Centre in Bishkek fully supports the efforts of the Kyrgyz Government in its attempt to establish effective systems to counter money laundering and the financing of terrorism.”

Chyngyz Kenenbayev, Head of the Organizational and Legal department of the SFIS, said: “We are holding this educational seminar to train representatives of national authorities and the private sector so that we can successfully pass the second round of the evaluation by the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG). In order to fulfil international obligations under the EAG, the Kyrgyz Republic is to conduct a mutual assessment of its anti-money laundering and combating the financing of terrorism system. From 28 November to 9 December 2016, a visiting mission of EAG evaluators will conduct this assessment within the Financial Action Task Force (FATF) initiative."

The training course, which was conducted by two IMF experts and three SFIS officials, was part of the OSCE assistance to the Kyrgyz Government in preparing for the second round of the FATF evaluation.

It's hard to imagine a less plausible venue for the annual UN-sponsored conference on climate than the dictatorial petrostate of Azerbaijan. Baku, the capital, has a walled medieval centre that's worth a day or two, but offshore the shallow Caspian Sea is littered with a century's worth of old and new oil wells.

Una de las principales agencias de márketing de EEUU trasvasará 250 millones de su presupuesto para televisión a Internet. Y como socio no ha escogido a ninguna televisión tradicional, sino a YouTube. Un test importante para los emisores de vídeo en la Red.

[Written by Erich Hetzel & Katie Berry] Did you know that in the last five years Bermuda’s consumers have spent over $7 million buying bottled water, much of it contained in single-use plastic? That’s money we are spending for something that falls from the sky, for free. This is a huge amount of money to […]

Move follows September launch by Texas Capital Bank of its own ‘2a-7’ money market fund ETF

An investigation by NPO Open Secrets has accused heavyweight South African estate agents and law firms of facilitating money laundering - allegedly helping African kleptocrats use dirty money to acquire luxury properties in the country.

Four people who allegedly dressed as bears and damaged their own luxury cars in a bid to defraud insurance companies were arrested in the US state of California on Wednesday.

Four people who allegedly dressed as bears and damaged their own luxury cars in a bid to defraud insurance companies were arrested in the US state of California on Wednesday.

Top 10 Largest Supergiant Stars in the Universe  Moneycontrol

1. Vodafone Idea shares in green as net loss narrows in Q2, ARPU rises to Rs 166  Moneycontrol
2. Voda Idea Q2 loss narrows to Rs 7,176 crore  The Times of India
3. Vodafone Idea shares up 3% today; what MOFSL says post Q2 results  Business Today
4. Vi Q2 results: Net loss narrows to Rs.7,175 crores, Arpu at Rs 156  Business Standard
5. Vodafone Idea shares slip 2% ahead of Q2 results today  The Economic Times

1. Piyush Goyal urges companies to cut prices to boost consumption  Moneycontrol
2. Piyush Goyal demands a rate cut, RBI Governor's speech follows — all the action at Global Leadership Summit  CNBCTV18
3. RBI should definitely cut interest rates, says Commerce Minister Piyush Goyal  The Economic Times
4. 'India's Average Inflation Lowest Under Modi Govt Since 1947; RBI Should Cut Rates': Piyush Goyal  News18
5. RBI governor Shaktikanta Das' response after Piyush Goyal calls for rate cut  Moneycontrol

1. Garena Free Fire MAX redeem codes for November 14, 2024: Grab freebies in battle royale game daily  Moneycontrol
2. Garena Free Fire MAX redeem codes for November 12: Win free diamonds, skins, and more  The Times of India
3. Garena Free Fire MAX November 14 redeem codes: Grab Booyah Captain Bundle  HT Tech
4. Garena Free Fire MAX Redeem Codes for November 12: Claim Exclusive Rewards Today!  The Hans India
5. Garena Free Fire Redeem Codes For 14 November  Bizz Buzz

1. Swiggy shares in red a day after making an impressive debut with 7% gains  Moneycontrol
2. Zomato CEO congratulates Swiggy on IPO debut: Couldn't have asked for ...  The Times of India
3. Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own?  Mint
4. Swiggy tops expectations with best major listing in a decade  The Economic Times
5. `You And I In This Beautiful World`: Zomato`s Tweet On Swiggy`s Stock Market Listing Is Winning Hearts Onli...  Zee News

Suriya revealed how Jyothika's career skyrocketed but it took a good couple of years to stabilize and reach that level.

1. Gautam Adani plans to invest $10 billion in US energy, infrastructure to create up to 15,000 jobs  Moneycontrol
2. 'To create 15,000 jobs': Gautam Adani to invest $10 billion into US energy and infra, congratulates Donald Trump  Hindustan Times
3. 'Congratulations Donald Trump': Gautam Adani says his group will invest $10 billion in US energy, infra p  The Times of India
4. Adani commits $10 billion in U.S. energy, infra projects  The Hindu
5. Adani Group commits $10 bn in US energy, infrastructure projects  The Economic Times

1. Where Will the COP29 Money Come From? | Company Business News  Mint
2. 10 Most Climate-Vulnerable Countries Got Less Than $1 Year Climate Finance: Report  NDTV
3. Raise $1tr annually for developing nations to deliver on Paris pact goals: Report  Hindustan Times
4. Countries Are Pledging Money They Don’t Control at COP29  Bloomberg
5. COP29 Is About Money. Where Is It Going To Come From  OilPrice.com

Kodakara Hawala Money Case: ബിജെപി തൃശൂർ ജില്ലാ കമ്മിറ്റി മുൻ ഓഫീസ് സെക്രട്ടറി തിരൂർ സതീഷിന്റെ വെളിപ്പെടുത്തലിന് പിന്നാലെയാണ് തുടരന്വേഷണത്തിന് സർക്കാർ തയാറെടുക്കുന്നത്. 

The government is focussing on four “I”s infrastructure, investment, innovation and inclusivity to realise the goal set for 2047

In October I spoke at Dan & Ian’s DCBKK event in Bangkok, Thailand about how to make more money from your business. Through the mad illustration skills of one Maggie Appleton, here are SketchNotes summarizing my entire talk in a single image (click the image for a hi-res version).

The post SketchNotes of My Talk: “How to Make More Money from Your Business” first appeared on Rob Walling - Serial Entrepreneur.

Police arrested high-profile lawyer Sittra Biabungkerd and his wife on a highway east of Bangkok on Thursday morning and charged them with fraud and money laundering in connection with a billionaire’s allegation that she lost 71 million baht to him.

PHUKET: A Ukrainian man who visited a friend's room on this southern tourist island claims he was forced to transfer cryptocurrency worth more than 8 million baht to a group of armed men.

Evri and Yodel customers are the least satisfied with their experience when it comes to contacting parcel firms for help, Ofcom has found, while Amazon and DHL are the best performers. 

1. Police warns: Wedding invites on WhatsApp are taking control of smartphones; stealing money, photos and m  The Times of India
2. All about the 'wedding invitation' scam on WhatsApp that can get your phone hacked  Moneycontrol
3. WhatsApp wedding invitations are the new cyber trap — here's how scammers are stealing your data  CNBCTV18
4. What is wedding invitation scam, how to protect yourself from it?  DNA India
5. All about the new wedding invite scam on WhatsApp. Here's how to avoid being hacked  Hindustan Times

1. China’s futuristic fighter jet unveiled: All about the ‘White Emperor’ capable of dropping munitions...  Moneycontrol
2. China’s 6th-Gen Fighter? Beijing Unveils “Supersonic Aircraft” Capable Of Dropping “Munitions From Space”  EurAsian Times
3. China Unveils Its Second 5th-Gen Fighter, Looks Exactly Like This US Jet  NDTV
4. China's groundbreaking innovations: Key Highlights from the Zhuhai Airshow | IN PICS  India TV News
5. Has China developed most dangerous fighter jet in world? Why is everyone talking about J-35A? What makes it s  India.com

1. Watch: Nitish Kumar bows to touch PM’s feet at Bihar event. Here’s how Modi reacted  Moneycontrol
2. Watch: PM Modi's unexpected gesture as Nitish Kumar bows down to touch his feet  The Times of India
3. Nitish Kumar tries to touch PM's feet at Bihar event. Modi does this next  India Today
4. PM Modi lays foundation stone for AIIMS Darbhanga in Bihar, says NDA Govt committed to welfare of people  The Hindu
5. PM Modi states ‘1 lakh medical seats in India’, vows to add ‘75,000 more’, lays foundation stone of AIIMS in Bihar  Mint

Top 10 Animals with the Strongest Senses  Moneycontrol

1. 'We've got a bit of history': Ricky Ponting responds to Gautam Gambhir's remarks, calls him 'prickly...  Moneycontrol
2. Ricky Ponting hits back at Gautam Gambhir, calls him 'prickly character'  The Times of India
3. 'That's a bad move, Ricky. What are you doing?': Ponting's Virat Kohli jibe questioned amid 'spicy' ball-tampering claim  Hindustan Times
4. "What Are You Doing?" Lee Warns Ricky Ricky Ponting Over 'Virat Kohli Remark'  NDTV Sports
5. ‘What Are You Doing?’: Former Australian Cricketer Hits Back At Ricky Ponting Over Remark On Virat Kohli’s Test Form  News24

1. How Yogi Adityanath government reacted to Supreme Court's 'bulldozer justice' ruling  Moneycontrol
2. How the Supreme Court clamped down on ‘bulldozer’ demolition drives | Explained  The Hindu
3. Officers Carrying Out Illegal Demolitions Liable To Restore Properties At Personal Cost & Pay Damages:...  Live Law - Indian Legal News
4. Supreme Court's Demolition Verdict Will Help Curb Organised Crime: UP  NDTV
5. SC parked bulldozer in garage forever: Akhilesh Yadav  Hindustan Times

Shopping coupons are now widely in use and we often wonder about the reason behind the popularity of these coupons. We often found that there are lots of dedicated websites dealing only with coupons and they are enjoying huge traffic....

As the competition in the mid-range smartphone segment gets fierce in India, Chinese players are offering too many specifications in their devices. Coolpad has been among the top Chinese players when it comes to launching such feature-packed devices.

The ongoing dispute between the PCB and the BCCI has put the International Cricket Council (ICC) in a difficult position, with limited options available.

The new risk assessment from iDenfy screens multiple watchlists providing more accurate results.

It's Not Just Money, It's Life, is a new book from financial adviser Beth Blecker (www.easternplanning.com) that aims to help individuals fulfill their financial dreams. Among other things, the breakout book teaches that the purpose of money is to: "Serve you and your goals, not the other way around."

Research project develops solution for the automated detection of illegal financial flows – including verifiable minimum requirements for the use of artificial intelligence in sensitive areas.

The Department of Social Scrutiny has unveiled the second part of its thorough investigation into your financial circumstances - Your Money and Your Life.

Owning your own company can be a dream from making your own hours and choosing your own staff, to even doing something you love. However, owning a small business can also be really exhausting, difficult, and time consuming. If you are still looking into self-employment, doing your research first will help. However, if you already own a small business, your next task might be determining how you can save time and money on that business. There are many easy ways for small business owners to save time, including choosing the appropriate staff, picking deadlines, and using programs that are designed to help business owners save time, like Zirtual assistant. Many of the tools that save time also save money, and Zirtual’s assistants are a great example of this. Read on to learn five ways you can save money for your small business, and hopefully, save some time too.

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Shark Tank star Robert Herjavec stunned viewers in May by making a handshake deal to invest $5 million in Zero Pollution Motors, maker of a $10,000 plastic minicar that runs on compressed air. The deal would have doubled the previous record for the largest Shark Tank investment ever, but ultimately fell apart during the due diligence process. Still, a handful of entrepreneurs have successfully attracted million-dollar investments from the Sharks. Here are the five largest deals made on Shark Tank in which money actually wound up exchanging hands.

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If you are like most small business owners, you spend a lot of your time researching ways to save money. After all, running a business can quickly break the bank. There are office supplies to buy, employees to pay, and software to purchase and install, among many other things.

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As Federal Reserve officials gathered to issue their monthly assessment of the world's largest economy, a new study lays bare the extent to which many small firms are pressed for cash.

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Businesses are incredibly difficult ventures to start. More than half of all businesses fail within five years of starting, according to statistics gathered in 2016. While this is far better than the traditional belief that half fail within a single year of starting, it is still clearly a challenge to start and continue running a small business.

6 Things Your Small Business Needs to Spend More Money On

As an entrepreneur and an angel investor, I get really excited about the future of personal finance.

As new technologies develop, from cryptocurrencies to virtual wallets, I see advantages for businesses. I also see opportunities for everyday Americans and our families to make--and keep--more of our own money.

In meetings with financial technology startups, I am seeing so many incredible new developments on the horizon. Any innovation that improves how we live, shop, and pay sets off alarm bells--of the good kind--in my friendly neighborhood Certified Financial Planner brain.

Here is a sneak peek of why I think the next five to 10 years are going to make making money easier for all of us. It is thanks to these five emerging technologies:

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