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☆ An Uber and Lyft driver explains how he sometimes makes over $8,000 a week doing private rides in Miami and Fort Lauderdale for celebrities, politicians, and sports stars
▼ + stars: | 2024-03-26 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +10 min

One week, he made $8,300 doing private rides between stretches of Uber and Lyft driving. He started his own LLC and occasionally markets his independent driving business as a passenger. "You have to treat Uber and Lyft like a business if you're doing it full-time," Trent told Business Insider. "I do rideshare quite a bit, but I do it mostly to build my client business," Trent said. He said he can often charge customers much less than what they pay for Uber or Lyft rides, and he still makes more.

Persons: Trent T, Uber, Lyft, Trent, lupus vasculitis, didn't, Guy, he's, He's, they've, I'm, it's Organizations: Service, Business, Trent, Tesla, Nationwide, Border Patrol, Federal Air Marshal Service, Aldi, NFL, Uber, Miami Locations: South Florida, Texas, Mexico, Atlanta, Florida, Tennessee, Miami, it's, Miami Beach

☆ How Benjamin O. Davis Sr. and Davis Jr. became America’s first Black generals
▼ + stars: | 2024-02-25 | by ( Nicole Chavez | ) edition.cnn.com time to read: +12 min

In 1940, Benjamin O. Davis Sr. became the first Black person to achieve the rank of brigadier general in the US Army. Twenty years after his father made history, Davis Jr. became the first Black brigadier general in the Air Force in 1960. Davis Sr. was born in Washington, DC, less than 20 years after the ratification of the 13th amendment, which abolished slavery. So, Davis Jr. moved alone to Chicago for nearly two years to secure the nomination and his spot at West Point. “So, (the Army) provided no opportunities for African Americans to lead troops, it provided no opportunities before 1940 for African Americans to fly airplanes, there were no African Americans in the Marine Corps,” Moye added.

Persons: Benjamin O, Davis, Davis Jr, “ Davis, ”, J, Todd Moye, “, White, ” Moye, Sr, West Point Davis, Oscar S, De Priest, Illinois, ” “, Doug Melville, ’, America’s, Ben Jr, ” Benjamin O, Simon, Simon & Schuster, Franklin D, Roosevelt, Moye, Army shouldn’t, Harry S, Truman, Melville, Le’Trice Donaldson, ” Donaldson, Bill Clinton, Davis , Jr, ” Clinton, ” Melville Organizations: CNN, US Army, Tuskegee Airmen, Air Force, University of North, Service’s Tuskegee, Guard, 8th US Volunteer Infantry, Army, Army’s, of, 9th Cavalry, Buffalo Soldiers, Army War, Corps, West Point, African, Blacks, Tuskegee Institute, 99th Fighter Squadron, 332nd Fighter Group, Chanute Air Museum, Simon &, Marine Corps, Alabama’s Tuskegee Army, US Air Force, Armed Services, United States Army, United States Air Force, Black, Texas, Corpus Christi, Department of Transportation, Federal Air Marshal Service, America Locations: University of North Texas, Washington ,, Spanish, Philippines, Mexico, American, France, Chicago, West, West Point, Italy, Washington, America, North Africa, Sicily, Vietnam, “

☆ Robinhood pays $605 million for 55 million shares once owned by Sam Bankman-Fried following a 4-way tussle
▼ + stars: | 2023-09-02 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Robinhood bought 55 million of its shares worth $605 million that Sam Bankman-Fried once owned. Robinhood, SBF, FTX, and a bankrupt crypto lender had all laid claim to the seized shares. AdvertisementAdvertisementRobinhood has bought back more than $600 million worth of its own shares that were owned by Sam Bankman-Fried before his arrest. In a regulatory filing with the Securities and Exchange Commission (SEC) Friday, the trading platform said it had acquired 55 million shares from the United States Marshal Service (USMS). Shares in Robinhood closed 2% higher Friday following the release of the filing, valuing the company at about $10 billion.

Persons: Robinhood, Sam Bankman, Fried, FTX, BlockFi Organizations: Department of Justice, Morning, Securities and Exchange Commission, SEC, United States Marshal Service, DoJ, Emergent Fidelity Technologies, Emergent Fidelity, Marshal Service Locations: Bankman, Robinhood

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 1 (Reuters) - Robinhood (HOOD.O) said on Friday it had entered into a share repurchase agreement with the United States Marshal Service (USMS) for $605.7 million to buy back stock from Sam Bankman-Fried's Emergent Fidelity Technologies. The shares of Robinhood were seized and subsequently transferred to the custody of the U.S. government after Bankman-Fried's FTX and Emergent filed for bankruptcy protection last year. Robinhood shares climbed more than 3% in premarket trading on the news. The online brokerage said the sale of the 55.3 million shares at $10.96 apiece had been approved by the U.S. District Court for the Southern District of New York. Robinhood first disclosed its intention to buy back the stake in February and said the company's board had authorized it to pursue purchasing most or all of the stock.

Persons: Andrew Kelly, Sam Bankman, Robinhood, Fried, FTX, Palo, Manya Saini, Hannah Lang, Devika Syamnath, Mark Potter Organizations: Inc, REUTERS, United States Marshal Service, Emergent Fidelity Technologies, U.S, Southern, of, Reuters, Thomson Locations: New York City, U.S, Robinhood, of New York, United States, Manhattan, Palo Alto , California, Bengaluru, Washington

☆ Supreme Court requests $12 million more for justices' security after threats in the wake of abortion ruling
▼ + stars: | 2023-03-09 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

The Supreme Court requested millions more from Congress in security funding. "On-going threat assessments show evolving risks that require continuous protection," the budget request read. "Additional funding would provide for contract positions, eventually transitioning to full-time employees, that will augment capabilities of the Supreme Court police force and allow it to accomplish its protective mission." It's the court's first budget request following heightened concerns about the justices' safety. Additional fencing had also been erected outside of the Supreme Court building, though was later taken down as protests dwindled near the end of August.

☆ Some U.S. air marshals plan to refuse deployment to U.S.-Mexico border
▼ + stars: | 2022-11-30 | by ( Ted Hesson | ) www.reuters.com time to read: +2 min

WASHINGTON, Nov 30 (Reuters) - More than a dozen U.S. air marshals plan to refuse deployment to the U.S.-Mexico border, according to a group representing them, a sign of challenges facing U.S. President Joe Biden's administration as it grapples with record migrant crossings. The U.S. Department of Homeland Security (DHS) sought volunteers from the Federal Air Marshal Service to travel to the southwest border, but when fewer than 150 signed up in October, some were assigned, said Sonya LaBosco, executive director of the Air Marshal National Council. The air marshals are part of the Transportation Security Administration (TSA), a DHS subagency, and ride on U.S. airlines to guard against security threats. A lawyer for the air marshal group wrote in a Nov. 4 letter to the agency that the deployments are illegal because they involve duties outside the scope of the job. A DHS spokesperson defended the deployments, saying that marshals have had previous assignments to assist hurricane relief and that some were temporarily deployed to the border in 2019.

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