Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Uber’s Stock Disappoints, Capping a Rocky Path to Its I.P.O. Advertisement Supported by ByMike Isaac May 10, 2019 Over the past decade, Uber changed urban transportation, disrupted entrenched taxi industries, defied regulators the world over and beat back questions about how it was altering the nature of work. On Friday, it was tamed by Wall Street. The ride-hailing giant’s first day of trading on the New York Stock Exchange began with a drop from its initial public offering price of $45, and its stock closed down 7.6 percent. By the end of Friday, Uber’s market capitalization, accounting for stock options and restricted stock, stood at $76.5 billion — barely above the $76 billion that private investors pegged it at in August. Uber’s Share price Change … [Read more...] about Uber’s Stock Disappoints, Capping a Rocky Path to Its I.P.O.
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Stone: Now What? A year ago, Food & Wine listed “The 15 Most Important Craft Breweries in Europe,” citing buzzworthy brewers like England’s Beavertown, Denmark’s To Øl, Belgium’s Cantillon and Stone Brewing Berlin.“This expansion into Europe was a smart move,” wrote the magazine’s George Koutsakis, “as Stone looks to make its mark on Europe, with freshly brewed beer.”After last week’s news that Stone is selling its Berlin site to Scotland’s BrewDog, few call the Escondido brewery’s transatlantic leap a “smart move.” On social media, flamers set Stone ablaze.Rather than heat, let’s shed some light. Five lessons from Stone Berlin: 1. You can’t beat das Rathaus (city hall).Innovators face many obstacles in Germany, Oliver Lemke noted in an email to Stone co-founder Greg Koch, from a stifling regulatory culture to high taxes.“Not knowing this great entrepreneurs like … [Read more...] about Five things we learned from Stone’s rocky Berlin tenure
WASHINGTON — President Donald Trump's latest pick help lead the Federal Reserve has received a rocky reception — with top economists raising several red flags about whether Stephen Moore is qualified to be a governor of the world's most influential central bank. Moore is a former Trump campaign adviser who helped design the 2017 tax cuts and the co-authored "Trumponomics." The economists say Moore poses the distinct risk of injecting politics into an institution that strives to remain free of political influence when setting short-term interest rates that can determine the path of employment, inflation and overall growth. "He's merely a propagandist, as far as I can tell," said Menzie Chinn, an economist at the University of Wisconsin. "He makes just egregious mistakes in fact and theory." Even a prominent Republican economist criticized the choice of Moore after Trump's announcement last week. "Steve is a perfectly amiable guy, but he does not have the intellectual … [Read more...] about Top economists give Trump’s Fed pick Moore a rocky reception
Denver Post sports writer Patrick Saunders posts his Rockies Mailbag every other week on Tuesdays during the season and once per month during the offseason. Pose a Rockies — or MLB — related question for the Rockies Mailbag. Patrick, has Bud Black made a decision yet on who is going to be his opening day starter? As I write this, I’m sure Black has made his decision, but he just hasn’t told us yet. I’m betting he’ll let us know today (Tuesday), and I’m betting it will be left-hander Kyle Freeland. That will be quite an honor for the Denver native and proud graduate of Thomas Jefferson High School. Freeland is also a buddy of my nephew, Dylan Saunders, but I digress. There is a backstory to Black announcing his opening-day starter. It’s become something of a tradition for Jenny Cavnar, the Rockies reporter and host for AT&T SportsNet, to ask Black the question about the opening day starter. She usually fires the question early in … [Read more...] about Rockies Mailbag: Opening day starter, MLB rule changes, Troy Tulowitzki update and more
Denver Post sports writer Patrick Saunders posts his Rockies Mailbag every other week on Tuesdays during the season and once per month during the offseason. Pose a Rockies — or MLB — related question for the Rockies Mailbag. Hey Patrick! I’ve never loved Charlie Blackmon in center field. I’ve always seen him as sub-par defensively and would rather not see him burn himself out playing center in that huge outfield at Coors Field. I know Garrett Hampson is naturally an infielder but what are the odds they try him out in center and to utilize his crazy speed?— Blake Coulter, Littleton Blake, there certainly is a chance that Hampson gets a look in center field during spring training, but David Dahl also will get a shot, as well Ian Desmond, whom both general manager Jeff Bridich and manager Bud Black have said will move from first base to the outfield. Hampson remains in the running to replace DJ LeMahieu at second base, where he’ll be competing with Ryan … [Read more...] about Rockies Mailbag: Fans not impressed with lack of offseason moves from Bridich and Co.