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Business

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  • Wandering Eye: The war over Uber in Maryland, psychos in the board room, and the U.S. News & World Report college rankings

    Wandering Eye: The war over Uber in Maryland, psychos in the board room, and the U.S. News & World Report college rankings
    Sometime CP contributor Andrew Zaleski has an interesting take in Politico on Uber's fight with the Maryland Public Service Commission—the only one (so far) that has ruled the ride-sharing company to be a livery provider subject to applicable regulations. This is a battle with real consequences for people who take taxies—and their drivers—in just about every state, and Zaleski breaks it down into an easily digested meal. He shows you what "big taxi" is, Uber's salutary effect on cab pricing, and the hypocrisy at the core of both the incumbent taxi industry and the "sharing economy" con: "And if Uber succeeds in pulling Maryland and other resistant states and cities over to its side? It might consider thanking the taxi industry. In the 1970s and 1980s, when cab companies across the United States began converting their workers from full-time employees with salaries and benefits to independent contractors who were paid out of their fares, they created a blueprint for how to maximize profits: Flood the streets with drivers. Give anyone the tools to be their own micro-entrepreneurs. Glorify the art of the hustle. Take the company's cut. Protect your piece of the industry. And when the competition gets in the way, be prepared to wage war." (Edward Ericson Jr.)
  • Market Value

    Market Value
    Walk into Reading Terminal Market, an enclosed public market in downtown Philadelphia, and you’ll find yourself surrounded by an assortment of rich smells and bright colors. You’ll see fresh produce and sushi, specialty cheeses, artisanal...

    Just Business?

    Just Business?
    Kenneth W. Watford says he is here because of an injustice.  Sitting on the other side of the sloppily caulked double Plexiglas window, his wide face and short cropped hair flecked with gray leaning into a flat microphone and speaker affixed to the...

    Exelon to buy PEPCO—what's the deal?

    Exelon to buy PEPCO—what's the deal?
    The merger of PEPCO into Exelon, announced Wednesday, would consolidate some 2 million of Maryland's electric power customers under one company's control. If the $6.8 billion buyout goes through, Chicago-based Exelon will have about 10 million ratepayers,...

    Checking in with Heather Mizeur on her frantic final push to election day

    Checking in with Heather Mizeur on her frantic final push to election day
    Heather Mizeur at Spro in Hampden. Notice the empty coffee cup. (Photo by J.M. Giordano)[/caption] Early voting has ended and all that's left in the primaries is Election Day on Tuesday, June 24th. City Paper caught up with upstart Democratic candidate...