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☆ A boomer Uber driver made over $100,000 but lost $80,000 to expenses and commissions. He shares why he plans to keep driving.
▼ + stars: | 2024-02-05 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

But after Uber took its cut and his driving expenses were accounted for, his profits fell to about $20,000. How commissions and driving expenses reduce drivers' profitsOf Ceran's roughly $83,000 in total business expenses, $38,000 consisted of Uber's booking and service fees — effectively the commission the company takes from drivers' earnings. After accounting for Uber's commission — and before expenses — Ceran saw as much as $65,000 in Uber income enter his bank account in 2023. The $44,000 deduction was an estimate for tax purposes, so it's possible his true vehicle expenses weren't quite that high. His first year driving Uber, 2016, was more eventful than anticipated: He got caught in Hurricane Matthew while driving in Norfolk, Virginia.

Persons: —, Ceran, Kia Forte, Uber, he's, they're, Lisa Greene, Lewis, Greene, — Ceran, he'd Organizations: Service, Business, BI Locations: Virginia, Hurricane, Norfolk , Virginia

☆ A boomer Uber driver made over $100,000 but lost $80,000 to expenses and fees. He shares why he plans to keep driving.
▼ + stars: | 2024-02-05 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

A boomer Uber driver's business had over $100,000 in earnings but only $20,000 in profits. But after Uber took its cut and his driving expenses were accounted for, his profits fell to about $20,000. The $44,000 deduction was an estimate for tax purposes, so it's possible his true vehicle expenses weren't quite that high. AdvertisementThat said, commissions and driving expenses took a significant cut out of his business's profitability. His first year driving Uber, 2016, was more eventful than he anticipated: He got caught in Hurricane Matthew while driving in Norfolk, Virginia.

Persons: boomer, —, Dean Ceran, Kia Forte, Uber, he's, Ceran, it's, haven't, they're, Lisa Greene, Lewis, Greene, — Ceran Organizations: Uber, Service, BI Locations: Virginia, Hurricane, Norfolk , Virginia

‘A Beautiful Place That Has a Dragon’: Where Hurricane Risk Meets Booming GrowthThe hurricanes keep coming, and the people, too: The fastest-growing places along the Atlantic coast this century are also among the most hurricane-prone. And rising sea levels make storm surges more damaging and coastal flooding more frequent. And this booming coastal population is, by many accounts, a larger contributor to rising hurricane risks than climate change. When Gail Hart moved from Arizona to retire in Wilmington, N.C., in 2017, she hadn’t considered the hurricane risk. Still said, “where do you put 100,000 people?”The housing crunch is one of many tensions playing out between wealthy coastal communities and those who live nearby.

Persons: Matthew, Dorian, Isaias, Ian, “, ”, Kathie Dello, Gail Hart, hadn’t, ” Gail Hart, Del Webb, Hurricane Florence, Hart, “ There’s, Steven Still, Amanda Martin, North, Mr, Still, Jenny Brennan, David McIntire, McIntire, O’Leary, Ms, Water, O’Leary’s, Kevin Mishoe, Mishoe, Gina, Karen Willis Amspacher, Amspacher, “ It’s, It’s, she’s, Sharon Valentine, Hurricane Fran, Wilmington’s Del, Valentine, Leonard Bull Organizations: Hurricanes, Hurricane, First Street Foundation, Atlantic, National Flood Insurance, Southern Environmental Law Center, States, Brunswick, Myrtle, Association, Hurricane Florence, Down Locations: United States, Myrtle Beach, S.C, Wilmington, N.C, Carolinas, Florence, Carolina, Gulf, Louisiana, Florida, North Carolina’s, Kure Beach, Horry County, Brunswick County, Arizona, Tula, New Hanover County, U.S, It’s, North Carolina, Conway, Horry, Hurricane, Hurricane Florence, Bucksport, Carteret County, —, Banks, Stacy, Harkers, Fayetteville, Wilmington’s, Wilmington’s Del Webb

☆ Hurricane Lee path: Powerful storm will create dangerous conditions along the East Coast, regardless of its uncertain final track
▼ + stars: | 2023-09-09 | by ( Mary Gilbert Allison Chinchar | Mary Gilbert | Allison Chinchar | ) edition.cnn.com time to read: +7 min

Lee enters rare companyA satellite image of Hurricane Lee provided by the National Oceanic and Atmospheric Administration. How close will Hurricane Lee get to the US? An area of high pressure over the Atlantic, known as the Bermuda High, will have a major influence in how quickly Lee turns. As the high pressure weakens next week it will allow Lee to start moving northward. Scenario: Out to SeaLee could make a quick turn to the north early next week if high pressure weakens significantly.

Persons: Hurricane Lee, Lee, it’s, NOAA Lee, Hurricane Matthew, John Kaplan, Hurricane Allen, David Zierden, Coast Lee Organizations: CNN, Hurricane, US, National Hurricane Center, US East Coast Sunday, Virgin Islands, British, National Oceanic, Atmospheric Administration, NOAA, Hurricanes, Bermuda Locations: Caribbean, Leeward Islands, Puerto Rico, Leeward, Lesser, US Virgin Islands , Puerto Rico, Hispaniola, Turks, Caicos Islands, Bahamas, Bermuda, Haiti, East Coast, Lee, Coast, Carolinas

☆ Fact Check-Clip of Fox News anchor issuing warning about a hurricane dates from 2016
▼ + stars: | 2022-09-28 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A 2016 clip of former Fox News anchor Shepard Smith warning about Hurricane Matthew ahead of its landfall in October that year has resurfaced online in 2022 after Hurricane Ian knocked out power in Cuba, with Floridians preparing for its approach. Other examples of the clip shared as Hurricane Ian made landfall can be found (here), (here), (here). The footage dates from a broadcast filmed in October 2016 when Shepard Smith worked for Fox News and was recorded ahead of Hurricane Matthew’s landfall. The lower-third also refers to Hurricane Matthew, not Hurricane Ian. Shepard Smith left Fox News in 2019 and now hosts a show on NBC titled ‘The News with Shepard Smith’ (here).

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