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☆ ‘I Kissed Him Goodbye at Grand Central and Started Walking’
▼ + stars: | 2024-02-18 | by ( ) www.nytimes.com time to read: 1 min

ImageNo TissuesDear Diary:I was staying with a friend in Murray Hill while back in New York for a visit in 2019. We talked openly and honestly and deeply on the subway ride back, acknowledging the love that still connected us. I kissed him goodbye at Grand Central and started walking. He had been the love of my life, and I knew this might be the last time I ever saw him. Hoping to get some napkins, I stopped into a diner on Lexington Avenue that I had often gone to when I lived in the city.

Organizations: Grand Central Locations: Murray Hill, New York, Brooklyn, Lexington

☆ How Bethenny Frankel grew her influencer business to $3.2 million a year after leaving reality TV behind
▼ + stars: | 2024-02-17 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

In 2023, her first full year of embracing the status of "influencer," Frankel earned $3.2 million in endorsement deals, according to documents reviewed by BI. Bethenny Frankel, the "accidental influencer"Despite her path to that success through reality TV, she calls herself an "accidental influencer." Photo by Heidi GutmanFrankel's path from reality TV to Skinnygirl to actingFor the unfamiliar, Frankel wasn't just in reality TV — she made Housewives history when she founded Skinnygirl Cocktails and then sold it in 2011. The deal was big enough to prompt networks to include so-called "Bethenny Clauses" in reality TV contracts, which require reality stars to give the networks a cut of businesses promoted on air. "I left reality TV and honestly thought the faucet would turn off because that's what happens, and I was fine with that," she said.

Persons: —, Bethenny Frankel, Thomas, Frankel, Fred Flinstone, — Frankel, she's, She's, Dunkin, TikTok, CoverGirl, Frankel doesn't, Heidi Gutman, Frankel wasn't, Frankel haven't, Lady Gaga, Addison Rae, that's Organizations: Service, Business, Housewives, New, Bravo, BI, Brands, L'Oreal, YouTube, SEC Locations: New York, TikTok

☆ The average Uber and Uber Eats driver saw their earnings decline over 15% in 2023, per Gridwise
▼ + stars: | 2024-02-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Over the past year, Uber drivers have told Business Insider that it’s gotten harder to make money . Gridwise told BI these earnings reflected the amount drivers took home after Uber took its cut of drivers' gross earnings. The average Uber driver’s earnings before expenses declined from $29 an hour in 2022 to $25 in 2023. Meanwhile, the average Uber Eats driver’s earnings fell from roughly $20 to $18 an hour before expenses — the average driver worked 27 hours a month. While Uber drivers saw the largest year-over-year decline in monthly pay, the average driver’s $25 an-hour earnings before expenses were still higher than any other gig.

Persons: Gridwise, Uber, it’s, haven’t, Lyft Organizations: Business, Bureau of Labor Statistics

☆ Expect secular tailwind in the gig economy stocks, says MoffettNathanson's Michael Morton
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect secular tailwind in the gig economy stocks, says MoffettNathanson's Michael MortonMichael Morton, MoffettNathanson senior analyst, joins 'Squawk Box' to discuss the gig economy industry, why companies are focusing more on profitability over growth, what it means for their stocks, and more.

Persons: MoffettNathanson's Michael Morton Michael Morton, MoffettNathanson

☆ Gig workers explain how they got their accounts reactivated on Instacart and Uber Eats
▼ + stars: | 2024-02-16 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Gig workers often have their accounts deactivated, even if they've done nothing wrong. Here are the top tips for getting reactivated from people who deliver for Instacart and Uber Eats. But some gig workers have had success getting their accounts — and an income — back. Business Insider spoke with two gig workers who successfully got apps to overturn their deactivations. AdvertisementDo you work for Instacart, Uber Eats, DoorDash, or another gig delivery service?

Persons: Uber, —, Instacart, could've Organizations: Service, Walmart, Companies, Business, Trust, Safety, Instacart Locations: South Dakota, Instacart, Oregon

☆ Rachel Dolezal fired from teaching job over OnlyFans account
▼ + stars: | 2024-02-15 | by ( Aj Willingham | ) edition.cnn.com time to read: +4 min

As of publication, a link to an OnlyFans account is accessible through a bio in Dolezal’s verified Instagram account. The linked OnlyFans account, updated as recently as February 14, blocks images for non-subscribers but contains identifying information and captions alluding to adult and “nude” content. Her apparent OnlyFans account bears the name Rachel Dolezal. OnlyFans is a social media platform where creators post photos and videos and can charge users a fee to access it. Its rising popularity has led to innumerable instances of people being fired from their jobs for being OnlyFans creators, including several teachers.

Persons: Rachel Dolezal, Dolezal, Julie Farbarik, ” Farbarik, ” Rachel Dolezal, Nicholas K, Nkechi Amare Diallo, ”, Josephine Beall Willson Bruce Organizations: CNN, National Association for, Advancement of Colored People, Catalina Foothills School District, KVOA, Social Media, District Employees, NAACP, Human Rights Education Institute, Guardian Locations: Arizona, Spokane, Coeur d'Alene , Idaho

☆ The racial wage gap starts as early as 16 for Black workers—and results in ‘a lifetime of consequences,’ says expert
▼ + stars: | 2024-02-15 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

The racial wage gap may be shrinking, but it's still got a ways to go. The median weekly earnings for full-time wage and salaried Black or African American 16-to-24-year-olds was $614. Though a smaller gap than the national one, that still works out to be about 82 cents to white workers' dollar. Children born in higher income and higher wealth families will have greater access to opportunities. Andre Perry Senior fellow at BrookingsThe resulting family wealth can hinder access to higher paying jobs as well.

Persons: it's, haven't, Andre Perry, Andre Perry Senior, Perry, Valerie Wilson Organizations: Nationwide, Department of Labor, Bureau of Labor Statistics, Brookings, Pew Research Center, BLS, Economic Policy Institute Locations: Brookings

The Columbus Blue Jackets fired general manager Jarmo Kekalainen on Thursday, ending his time on the job after more than a decade. President of hockey operations John Davidson made the call midway through Kekalainen’s 11th full season on the job and three weeks before the trade deadline. Davidson and the hockey operations team will assume GM duties on an interim basis until a full-time replacement is hired. Ownership, after Kekalainen and Davidson named Pascal Vincent coach following the Babcock fiasco, said in September there would not be any front office changes at that time. Kekalainen inherited Todd Richards as coach, and Columbus reached the playoffs in his first full season in 2013-14.

Persons: Jarmo Kekalainen, John Davidson, Kekalainen, Davidson, ” Davidson, It’s, Mike Babcock, Pascal Vincent, Babcock, Jarmo, John P, McConnell, “, Louis, Doug Armstrong, Kevin Cheveldayoff, Scott Howson, Todd Richards, Richards, John Tortorella, Brad Larsen, Vincent —, Larsen, Vincent, Johnny Gaudreau, ___ Organizations: Columbus Blue Jackets, NHL, Blue Jackets, Eastern Conference, Blues, Columbus, Stanley Locations: Kekalainen’s

☆ People really don't want to tip their Uber and Lyft drivers
▼ + stars: | 2024-02-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

While nearly 90% of food delivery trips get tips, less than a third of Uber and Lyft trips get tips. That’s according to a new study of over 500,000 US gig drivers from Gridwise , a data analytics company and app that helps drivers track their earnings. The study found that nearly 90% of food delivery trips get a customer tip, compared to 75% of grocery delivery trips and 28% of Uber and Lyft ride-hailing trips. AdvertisementOne explanation for why Americans are more likely to tip food delivery drivers over ride-hailing drivers is that many tip them when their order is placed. In comparison, customers generally tip their Uber and Lyft drivers during or after a ride is completed.

Persons: —, Gridwise, Uber, Lyft Organizations: Uber, Service, Business, Gridwise, Stanford, University of Chicago, Pew Research

☆ Upwork CEO on AI's impact on freelance work
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUpwork CEO on AI's impact on freelance workUpwork CEO Hayden Brown joins 'The Exchange' to discuss the state of the gig economy, AI's impact on freelance work, and more.

Persons: Hayden Brown

☆ Uber is celebrating its $1 billion profit. But some drivers are feeling left behind.
▼ + stars: | 2024-02-15 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Drivers are feeling squeezedSome Uber drivers are feeling squeezed on pay. That doesn't mean drivers aren't feeling angry about a drop in pay that they say they've experienced, with data backing them up. Gridwise Analytics, a data firm analyzing the gig economy , found average monthly gross earnings for Uber drivers fell 17% last year. A more contentious issue among drivers has focused on whether or not Uber is taking a bigger slice of their fares. Yet it seems that not all drivers are satisfied — and Uber will be hoping that number doesn't keep rising.

Persons: —, Dara Khosrowshahi, he’d, Uber, ” Khosrowshahi, “, it's, ru4gU8nRa7, OEx6OEkovB Organizations: Service, Business, App Workers, “ Workers, East, Drivers, East Coast Locations: Chicago, Philadelphia, Pittsburgh

Thousands of ride-hailing and delivery workers in the U.S. and the U.K. went on strike on Valentine's Day, calling for higher pay and other changes to their working conditions. In the U.S., Uber and Lyft drivers planned daylong strikes in Chicago; Philadelphia; Pittsburgh; Miami; Orlando and Tampa, Florida; Hartford, Connecticut; Newark, New Jersey; Austin, Texas; and Providence, Rhode Island. Drivers were also holding midday demonstrations at airports in those cities, according to Justice for App Workers, the group organizing the effort. Meanwhile, U.K. delivery drivers for Uber Eats, Deliveroo, Just Eat and Stuart said they would turn off their apps and refuse deliveries between 5 p.m. and 10 p.m. Justice for App Workers, which says it represents 130,000 ride-hailing and delivery workers, is seeking higher wages, access to health care and an appeals process so companies can’t deactivate drivers without warning.

Persons: Uber, Stuart, ”, Evadur Rahman, Rahman, “, ” Rahman, “ It’s, ” Uber, Deliveroo, Rachel Gumpert, Lyft, ” Lyft, Jill Lawless, Brian Melley Organizations: App Workers, Associated Press, deactivations, U.S, ___ Associated Press Locations: U.S, Chicago, Philadelphia, Pittsburgh, Miami, Orlando, Tampa , Florida, Hartford , Connecticut, Newark , New Jersey, Austin , Texas, Providence , Rhode Island, London, ___

☆ Instacart's CEO says that warehouses full of robots won't replace its gig workers anytime soon
▼ + stars: | 2024-02-14 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

Don't expect Instacart to replace its gig worker shoppers with robots anytime soon. Instacart CEO Fidji Simo says the company can deliver faster and more efficiently using its human shoppers. That's a contrast with companies like Kroger, which have built warehouses to automate order picking. Kroger has a network of warehouses that it built with British grocer Ocado, where robots and some humans assemble orders, for instance. Human workers still drive to customers' homes to deliver the orders.

Persons: Fidji Simo, —, Kroger, Ocado Organizations: Kroger, Service, Business

☆ A single mom in Ohio moved from a shelter to an apartment after switching from Lyft and Uber driving to being a full-time bus driver
▼ + stars: | 2024-02-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Jayla, 28, spent two years driving for Uber and Lyft and struggled to find stable housing and provide for herself and her son. But after switching jobs and becoming a bus driver in late 2023, she's now living in her own apartment. After landing a bus driver position and a W2, she secured an apartment in Akron despite no luck in Texas. AdvertisementBecoming a school bus driverShe decided to become a school bus driver as she could work morning and afternoon shifts while working around her son’s day care schedule. The same day she applied, she was hired as a bus driver for her local Akron school district.

Persons: Uber, Lyft, she's, that’s, ” Jayla, Jayla, “, I’ve, she’s Organizations: Service, Business, Lyft, Hertz, Akron Metropolitan Housing Authority Locations: Akron , Ohio, Houston, Akron, Texas, Lyft

☆ Uber drivers say the job has become more competitive — and that it's made their work less profitable
▼ + stars: | 2024-02-14 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some Uber and Lyft drivers say it's become harder to make money over the past year. AdvertisementMany Uber and Lyft drivers say ride-hailing has become less profitable than it used to be, and some are blaming that on the gig's popularity. Fred is one of several drivers who told Business Insider that an increase in drivers has contributed to fewer available — and lower-paying — trips. This came after the number of global Uber drivers increased 31% in 2022 to a record five million. One San Francisco-based Lyft driver told BI that Waymo's self-driving taxis in the city have added another layer of competition.

Persons: —, Fred, Uber, Lyft, it's, Rich, I'd Organizations: Service, Business, Arizona Uber Locations: Virginia, San Francisco, Arizona

☆ When to fire your boss and take a new job
▼ + stars: | 2024-02-13 | by ( Henry Blodget | ) www.businessinsider.com time to read: +6 min

Even if your boss and job are great, you will likely eventually want to move on. AdvertisementThe first is that your current job just isn't working, despite your best efforts to manage your boss and make your relationship and job mutually beneficial. The second reason—a happier one—is that you have gotten everything you can out of your current job and boss and are ready to take your next career step. You've learned everything you can in your current job (or from your current boss) and are ready for your next career challenge. But money isn't the only factor in job satisfaction (far from it), and your current job, boss, and organization may be better for you in other ways.

Persons: —, we've, you'll, Jobs, You've, it's Organizations: Service

☆ Uber, Lyft and Deliveroo workers in US and UK plan Valentine’s Day strike
▼ + stars: | 2024-02-13 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Thousands of drivers for ride hailing services and food delivery riders in the United States and United Kingdom are planning to strike on Valentine’s Day in disputes over pay and working conditions. Meanwhile, in the UK, a spokesperson for campaign group Delivery Job UK said more than 3,000 food delivery riders were expected to strike for five hours on Wednesday. Riders participating in the strike are primarily Portuguese-speaking and work across multiple platforms, including Uber Eats, Deliveroo and Just Eat. “Valentine’s Day is a celebration of love, but it should not overshadow our struggle,” it added. The company said GMB, one of Britain’s largest unions, was now able to represent up to 70,000 Uber drivers across the country.

Persons: Uber, “, Uber Eats, Deliveroo, ”, Lyft, DoorDash, GMB Organizations: London CNN, App Workers, DoorDash, Riders, London Locations: United States, United Kingdom, America, East Coast, Midwest, Chicago, Miami

☆ An Uber and Lyft driver strike may force you to find another way home from the airport on Valentine's Day
▼ + stars: | 2024-02-13 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Uber and Lyft drivers are planning a midday strike at some US airports on Wednesday. It's part of a broader strike to draw attention to gig workers' pay and issues like deactivations. AdvertisementGood luck if you're hoping to get an Uber or Lyft on your way home from the airport on Valentine's Day. "These types of events have rarely had any impact on trips, prices, or driver availability, and we expect the same tomorrow," an Uber spokesperson told Business Insider. It's also common for gig workers to have their accounts deactivated without explanation by the companies they work for.

Persons: Chicago's, —, Lyft, DoorDash Organizations: Newark Liberty, Chicago's O'Hare, Service, App Workers, Newark Liberty International Airport, Chicago's, Uber, Walmart Locations: New York City, Austin , Texas, Hartford , Connecticut, Miami, Orlando, Philadelphia, Pittsburgh , Pennsylvania, Providence , Rhode Island, Tampa , Florida, New York, Seattle

☆ Can gig companies utilize ads to achieve sustained profitability?
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCan gig companies utilize ads to achieve sustained profitability? CNBC's Deirdre Bosa joins 'The Exchange' to report on gig economy companies and their business models ahead of Q4'23 gig earnings reports.

Persons: Deirdre Bosa

☆ Lyft shares jump on earnings beat, guidance
▼ + stars: | 2024-02-13 | by ( Ari Levy | ) www.cnbc.com time to read: +2 min

Lyft shares rose in extended trading on Tuesday after the ride-hailing company reported better-than-expected earnings and gave guidance that topped estimates. Revenue: $1.22 billion, vs. $1.22 billion expected by analysts, according to LSEG. Gross bookings for the first quarter will be $3.5 billion to $3.6 billion, topping analyst estimates of $3.46 billion, according to StreetAccount. Gross bookings for the year increased 14% to $13.8 billion, while bookings for the quarter rose 17% to $3.7 billion. Prior to Tuesday's report, Lyft shares were down 19% to start 2024.

Persons: Lyft, Gross, Uber, David Risher Organizations: Los Angeles International Airport, Revenue, Tuesday's Locations: Los Angeles, LSEG

☆ Gig economy earnings on deck: Here's what you need to know
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGig economy earnings on deck: Here's what you need to knowCNBC's Deirdre Bosa reports on the upcoming earnings results expected after the bell.

Persons: Deirdre Bosa

☆ Instacart to lay off 250 employees, or about 7% of the company, as part of restructuring
▼ + stars: | 2024-02-13 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Instacart on Tuesday announced it would lay off about 250 employees, or roughly 7% of the company, as part of a restructuring. The news came as the company reported fourth-quarter earnings that fell roughly in line with analysts' revenue estimates. Three top executives are also departing the company for personal reasons, according to Instacart: Chief Operating Officer Asha Sharma, Chief Technology Officer Varouj Chitilian and chief architect JJ Zhuang. The company posted fourth-quarter revenue of $803 million, roughly in line with the $804 million that Wall Street expected, according to analyst estimates from LSEG, formerly known as Refinitiv. In September, Instacart went public in one of the first significant venture-backed tech IPOs since December 2021.

Persons: Instacart, Asha Sharma, Varouj Chitilian, JJ Zhuang Organizations: Google, CNBC PRO Locations: LSEG

☆ I scored a spot as a Super Bowl volunteer for the first time. I'd do it again even though I didn't get to watch the game.
▼ + stars: | 2024-02-12 | by ( Melody Pittman | ) www.businessinsider.com time to read: +4 min

Read previewLast June, a segment on FOX 5 Vegas calling for Super Bowl LVIII volunteers caught my attention. I'd always wanted to go to the Super Bowl, but at over $5,000 a ticket, that dream is way beyond the financial reality of the average Joe. AdvertisementSince the Super Bowl is one of the highest-ranked security events in the nation, the session had a government-agency safety briefing, too. Melody PittmanWe also picked up our free swag with the Super Bowl LVIII logo. Melody PittmanOur tasks ranged from capturing guests' smiles in front of Super Bowl LVIII displays to distributing collectible swag items.

Persons: —, I'd, Volunteers aren't, Melody Pittman, Harry Reid, weren't Organizations: Service, FOX, Super Bowl LVIII, Super, Business, Volunteers, Team, Vegas, The, Harry Reid International Airport, Fremont, Allegiant Locations: Vegas, Mesquite , Nevada, Canada, Kansas, Alaska , Florida , California , Massachusetts, New Mexico, Mesquite

☆ Stock futures are little changed on Sunday night after a record week for the S&P 500: Live updates
▼ + stars: | 2024-02-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 6, 2024. U.S. stock futures hovered near the flatline on Sunday night following a record-setting week for the S&P 500 . On Friday, the S&P 500 rose 0.57% to close above the 5,000 level for the first time, while the tech-heavy Nasdaq Composite added 1.25%. The S&P 500 and Nasdaq Composite added 1.4% and 2.3%, respectively. Some 61 names in the S&P 500 are set to report earnings in the week ahead, including gig economy stocks Lyft , Instacart and DoorDash .

Persons: Kraft, Jay Hatfield, Hatfield Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow Jones, Dow, Kraft Heinz, Hasbro, Capital Advisors, Traders, CPI, PPI, CNBC Locations: New York City, U.S

☆ How a Weekend News Anchor Who Wakes Up Before Dawn Spends Her Sundays
▼ + stars: | 2024-02-10 | by ( Alix Strauss | ) www.nytimes.com time to read: +1 min

“I’m more of a morning than a night person,” Shannan Ferry said. That’s lucky for her, since she has been getting up at 1:47 a.m. on Saturday and Sunday for the past two years. “The early hours work against your body clock, but I’ve trained mine to it,” Ms. “When people are waking up, I’ve lived most of my whole day.”Ms. In November 2021, the station, part of Spectrum News, launched the weekend show.

Persons: “, I’ve, Ferry, Rocco Vertuccio Organizations: NY1, Spectrum News Locations: Shannan, Chelsea, Queens

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