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17 votes
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San Francisco’s downtown becomes a wake-up call for other cities in the US
60 votes -
Funding dramatically slows for India's startup sector
9 votes -
Scale AI co-founder says the FIRE movement inspired her to live ‘very cheaply’ on McDonald’s and free flights until she made $10 million
11 votes -
BlackRock CEO, Larry Fink just called Bitcoin 'digital gold' and an 'international asset'
21 votes -
Bank of America has $100B in unrealized losses
9 votes -
How much have record corporate profits contributed to recent US inflation?
41 votes -
The Fed thinks catastrophe is coming for US businesses
15 votes -
Is Dr. Bronner’s the last corporation with a soul?
41 votes -
PwC Australia to sell its government business for A$1, and appoint new CEO, after tax advice scandal
7 votes -
US rent going up? One company’s algorithm could be why.
47 votes -
A Delaware city is set to give corporations the right to vote in elections
28 votes -
Should retail businesses be required to accept cash?
inspired by a law my local county council has been debating (local news article, press release from January from the sponsoring councilmember, and actual text of the proposed law) from the press...
inspired by a law my local county council has been debating (local news article, press release from January from the sponsoring councilmember, and actual text of the proposed law)
from the press release:
During and even before the COVID-19 pandemic, many businesses in the Seattle area and beyond began shifting to cashless operation, leaving people who rely on cash with fewer options to purchase goods and services. Research, however, shows that cashless businesses most impact communities of color, seniors, people with disabilities, undocumented residents, refugee and immigrant and communities and low-income communities.
...
At least 2.1% of Washington residents are unbanked, meaning they don’t have bank accounts, credit cards or other typical financial services, according to the 2021 FDIC Household Survey. Five-year estimates put that number even higher – at 3.1%. More than 17% of residents are underbanked, meaning they might have a bank account but often rely on alternative financial services, such as money orders, check-cashing services and payday loans.
...
The legislation would require businesses in unincorporated King County to accept cash for most retail transactions, and to not charge higher prices than for another form of payment. It would allow for retailers to only accept up to $250 in cash payment for single transactions larger than that amount. It would allow for civil actions to be brought by someone whose cash payment was refused.
what do you think about requiring this?
(especially interested in responses from around the world and not just the US, since I think cash vs. card reliance varies considerably by country)
51 votes -
Communities or hubs for people doing/making things and tackling problems
So I browse Tildes, Hacker News, and Reddit, but I'm wondering if there are online communities or hubs out there where entrepreneurial folks discuss actionable business problems and projects,...
So I browse Tildes, Hacker News, and Reddit, but I'm wondering if there are online communities or hubs out there where entrepreneurial folks discuss actionable business problems and projects, instead of news or memes.
I notice that people will spend endless time online discussing the minutiae of their personal lives, celebrity lives, politics, and son, which are fine. But I want to read about how people are working out the kinks of drone delivery, improving access to and availability of mental healthcare, making municipal permitting more streamlined, and other processes.
9 votes -
Warren Buffett’s Berkshire Hathaway sells entire stake in TSMC
13 votes -
Time to break up Hollywood
5 votes -
Google’s eighty-acre San Jose mega-campus is on hold as company reckons with economic slowdown
7 votes -
Substack opens up a $2 million community fundraising round
4 votes -
The business behind Kurzgesagt
11 votes -
T-Mobile acquires Mint, partially owned by Ryan Reynolds
7 votes -
The lie that's destroying the economy
5 votes -
The greatest tax system in the world – why can't America be as great as the Faroe Islands?
14 votes -
How Gautam Adani lost more than $50 billion in a week
4 votes -
IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus, which the company has shunned due to Moscow's war in Ukraine
4 votes -
Spotify said Monday that it will cut 6% of its workforce to reduce costs – CEO Daniel Ek took full responsibility for the job cuts, which he called “difficult but necessary”
8 votes -
Amazon discontinues charity donation program amid cost cuts
18 votes -
Microsoft is laying off 10,000 employees
10 votes -
Donald Trump's company sentenced to pay $1.61 million penalty for tax fraud
11 votes -
Barnes and Noble's surprising turnaround
18 votes -
Japan’s business owners can’t find successors. This man is giving his away.
9 votes -
Iceland Foods has lost its ongoing legal battle with the country Iceland over the frozen food retailer's trademark name after the EUIPO dismissed its appeal
7 votes -
Sam Bankman-Fried: FTX founder arrested in Bahamas
11 votes -
Where does all the cardboard come from?
2 votes -
At least $1 billion of client funds missing at failed crypto firm FTX, sources say
23 votes -
Grab – Asia's Uber – knows customers and drivers so well it can vet them for loans
6 votes -
What is SAP? (And why is it worth $163B USD)
6 votes -
Can software simplify the supply chain? Ryan Petersen thinks so
6 votes -
Podimo, the Denmark-based subscription service for podcasts and audiobooks, secures €58.6 million in funding
3 votes -
A Chinese spy wanted GE’s secrets, but the US got China’s instead
11 votes -
4,000 US Google cafeteria workers quietly unionized during the pandemic
12 votes -
How this Florida town became the sea sponge capital of the world | Big Business
2 votes -
Klarna has revealed that losses more than tripled in the first half of the year – firm has been hit by a slowdown in consumer spending
8 votes -
How Mondragon became the world’s largest co-op
11 votes -
When it comes to flaunting its defense industry, Stockholm is shy – and it's hurting Swedish companies and handing lucrative contracts to competitors
4 votes -
Rare earths processor Neo Performance Materials has bought exploration rights to mine in Greenland – diversifying supplies of minerals critical for advanced technologies
6 votes -
Buy a rural hospital for $100? Investors pick up struggling institutions for pennies
7 votes -
Walmart ponders streaming deal with Paramount, Disney and Comcast
3 votes -
Axios agrees to sell to Cox for $525 million in cash
11 votes -
Lego is to cease all operations in Russia indefinitely after pausing deliveries to its eighty-one stores in the country in March
13 votes -
How the YouTube creator economy works
8 votes