The Week (US)

The bottom line

- ■■CEOs are benefiting from last year’s tax package as companies use their tax cut to buy back shares at record levels, driving up prices. Oracle’s Safra Catz sold $250 million in shares, topping the list of executive cash-outs; product developmen­t head Th

■■A national analysis of corporate expense reports shows services such as Uber and Lyft have largely replaced taxis, accounting for 93 percent of car-ride receipts. As recently as 2014, traditiona­l taxis had more than 70 percent of the market.

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