Seattle's government has given early approval to caps on ride-share companies such as Uber. Here, Peter Faris, whose company's drivers use Uber to find customers, holds a smartphone with the ride-sharing company's app in Washington, D.C.
Originally published on Mon March 10, 2014 6:36 pm
Uber, Lyft, and similar companies that pair people who pay for a car ride with drivers who operate outside the traditional taxi system are facing new limits in Seattle, where the City Council's Taxi Committee recently voted to cap the number of "ride-share" drivers.
The full council had been scheduled to vote on a limit of 150 drivers per ride-share company today; the vote, which has sparked intense interest in the city, has been postponed until next Monday.
Short selling a stock - betting that it will go down instead of up - is common on Wall Street. But what about placing a bet against a company and then trying to get the government to do things that would drive down the company's share price?
From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
ROBERT SIEGEL, HOST:
I'm Robert Siegel.
And we begin this hour with the latest on the standoff over Ukraine. Today, Russian forces seized the Ukrainian naval post, military hospital and a missile unit in Crimea. At the same time, Moscow accused Kiev of encouraging right-wing groups and creating lawlessness in eastern Ukraine. This all complicates things on the diplomatic front.
MELISSA BLOCK, BYLINE: Former NSA contractor Edward Snowden addressed a large American audience today. He spoke through a video link from Russia where he was given temporary asylum after he leaked thousands of classified NSA documents. The crowd was a friendly one at the South by Southwest Interactive Conference in Austin, Texas. Snowden took some questions and he said technology companies can do more to prevent sweeping surveillance by the U.S. government.
As NPR's Steve Henn reports, the event was moderated by Snowden's attorney.
When it comes to getting ahead in the world, a lack of savings can be a big hurdle, especially for low-income families. Most don't have enough money set aside for emergencies, let alone for college or a house. Some people think the answer is to make savings more fun, like the lottery, with the chance to win big prizes.
It's called prize-linked savings, something that's been available in Great Britain for decades. Now, it's starting to catch on in the United States.