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Gett Shutters Juno In New York, Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett acquired Juno in 2017 for about $250 million, in a move to expand in the region.

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Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett acquired Juno in 2017 for about $250 million, in a move to expand in the region.

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Local Governments Move In On Retail Vacancies

PYMNTS

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. and San Francisco.

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Alcohol Sizzles, Apple Pay Fizzles And Bikes Are Blowing Up

PYMNTS

They have yet to crack the New York City market, where they have not been legal. The news was particularly good for JUMP, a NYC-based bikesharing startup that can’t offer its pedal assist bikes in its hometown due to local regulations. It also operated dockless pedal-assist bikes in Washington, D.C.

Apple 100
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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

PYMNTS

-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. During the trial, prosecutors said Guzmán made some $14 billion in drug profits during a career that kicked off in 1990.

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Juno’s Shuttering Spotlights (Some) Pressures Of Gig Economy Pay ‘Floors’

PYMNTS

To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett ), filed for bankruptcy protection this week and said lawsuits — and new minimum wage mandates — led to the decision. The misguided regulations were not specifically noted in the announcement, which came from Gett.

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Think Small! A Tiny Canadian Credit Union Proves Rural Branches are Sustainable Too

NCR

On a balance sheet, there’s no question that a branch in rural Saskatchewan is going to look like it’s underperforming compared to high-margin, high-traffic branches in New York City or Montreal. As our company has begun doing more and more business globally, we’ve come to believe that the answer is a definitive “NO.”.