UBER WILL LET RIDERS USE APP FOR TIPS
san francisco» Bowing to pressure from drivers, Uber on Tuesday said it will roll out a feature that lets passengers tip from within the ridehailing app.
The tipping option is now available in Seattle, Minneapolis and Houston, Uber said. The San Francisco-based startup said it aims to make tipping available to all U.S. drivers by the end of July.
Uber also announced a handful of other driverfriendly changes, including driver injury protection insurance.
Passengers will be charged if they cancel their ride after two minutes, down from five. Uber also is letting drivers choose their destinations for more trips and adding a $2 fee for driving teenagers.
Amazon aims for your dressing room ●
new york» Amazon is hoping to claim more territory once held by department stores, essentially placing a dressing room in your house. The company, which has been making a big push into selling clothes, is testing a new service that lets members of its Prime program try on styles before they put items on their charge card. Customers have seven days to decide what they like and only pay for what they keep. Shipments arrive in a re-sealable box with a pre-paid label for returns.
Former alderman makes bid for Sun Times ●
chicago» An investor group headed by a former Chicago city council member and labor unions has submitted a bid to buy the Chicago Sun-Times — a move that, if successful, would prevent the paper’s biggest rival from purchasing it.
The bid led by former Alderman Edwin Eisendrath and the Chicago Federation of Labor comes a month after the owner of the Sun-Times, Chicago-based-Wrapports LLC announced it had agreed to enter into discussions with Tronc, which owns the rival Chicago Tribune.
Eisendrath confirmed the investor group has raised about $15 million.
Barclays, former CEO charged with fraud
● london» British regulators charged Barclays bank and four former executives, including then-CEO John Varley, with conspiracy to commit fraud when they asked Qatar for 6.1 billion ($7.7 billion) to avoid a government bailout during the financial crisis in 2008.