Monday, 18 Nov 2024

Virgin Atlantic flight forced to return to Heathrow after laser shone on cockpit

MLB Journal: Breaking down the rule experimentations in the minor leagues

Larger Bases (Triple-A)

Shift Restrictions (Double-A)

Step-Off Rule (Class-A Advanced)

Array of Class-A changes

Olo Prices IPO At $25/shr, Above Revised Range

Olo Inc., the New York City-based B2B SaaS company that develops digital ordering and delivery programs for restaurants, said that it has priced its initial public offering of 18 million Class A common stock at a price of $25.00 per share, which is above revised range of $20.00 and $22.00 per share.

The company initially had planned to offer the same shares in the range of $16.00 and $18.00 per share.

The shares are expected to begin trading on the New York Stock Exchange on March 17, 2021 under the symbol “OLO” and the offering is expected to close on March 19, 2021.

Goldman Sachs & Co. LLC and J.P. Morgan are acting as lead book-running managers for the offering. RBC Capital Markets is acting as book-running manager for the offering, and Piper Sandler & Co., Stifel, Nicolaus & Company, Incorporated, Truist Securities, Inc., and William Blair & Company, L.L.C. are acting as co-managers for the offering.

Uber To Reclassify U.K Private-hire Drivers As ‘workers’

Uber Technologies will reclassify and treat its private-hire drivers using its Mobility platform in the U.K as “workers” effective on Wednesday, after losing in a long-running legal battle in the U.K.

The U.K. Supreme Court last month ruled that Uber drivers should be classified as “workers” and not independent contractors. The ruling paves the way for Uber drivers to receive benefits such as paid holidays and the minimum wage, despite the worker not being classified as an employee under UK employment law.

However, the ride-hailing giant disclosed in a regulatory filing with the U.S. Securities and Exchange Commission on Tuesday that the U.K.-based drivers remain as self-employed for tax purposes, but they are entitled to the minimum wage, holiday pay, and, if eligible, a pension. The company reportedly has more than 70,000 drivers in the U.K.

Uber said that it will pay the UK drivers 12.07 percent of their earnings as vacation pay out every two weeks and enroll eligible drivers in a pension plan to which Uber will contribute. The contributions will represent about 3 percent of a driver’s earnings.

Uber noted that its UK Mobility business represented about 6.4 percent of global Mobility Gross Bookings in the fourth-quarter 2020.

The company also said it did not change its expectations for adjusted EBITDA for the first-quarter or 2021.

Mali's Plans to Weave Back its Economy

Mali is one of Africa’s largest cotton growers. But most of its harvest is shipped abroad. VOA takes us to a women’s cooperative working to add more value to that cotton at home. Malians have historically been good at making fabric and used to compete with Yorubas in Nigeria. In the 1960s, when synthetic dyes arrived in West Africa, Malians learned how to use colorants on fabrics to reflect their aesthetic tastes. Nigerians have since established a niche for themselves in embroidery, allowing Malians to claim the bragging rights for high-quality hand-dyed fabrics.

Ford launches EcoSport SE

Ford has launched a new EcoSport SE priced at ₹10.49 lakh for the petrol variant and ₹10.99 lakh (ex-showroom) for the diesel.

In terms of equipment, the EcoSport SE packs in most of the kit available in the fully-loaded S variant including automatic HID headlamps, a sunroof, Ford’s 8.0-inch SYNC3 touchscreen infotainment system with Android Auto and Apple CarPlay connectivity, tyre pressure monitor, six airbags and more.

Holiday firm bans passengers who haven't had Covid vaccine



Sick meme from Sarah Everard cop was 'guide from abduction to murder'




Upcoming Ola Electric scooter revealed

Ola Electric has revealed its upcoming electric scooter for India ahead of its launch in the second half of 2021. The model looks visually similar to the AppScooter from Etrego, the Netherlands-based electric scooter company acquired by Ola last year.

The Ola Electric scooter gets the same unusual single telescopic front suspension, but it will likely be tweaked for the Indian riding environment and also to keep costs low. The scooter gets a quirky, modern-looking headlight with twin-pod LEDs that are encased within an LED strip.

Land Rover Defender is 2021 Women’s World Car of the Year

In the 2021 edition of the Women’s World Car of the Year awards, the Land Rover Defender was adjudged the 2021 Women’s World Car of The Year. The Defender was a part of nine finalists consisting of cars and SUVs that were adjudged the winners in individual categories of the 2021 Women’s World Car awards in late February.

The jury for the 2021 awards comprised 50 women motoring journalists from 38 countries on five continents.

Virgin Atlantic flight forced to return to Heathrow after laser shone on cockpit



Related Posts