"Bin There, Done That?" Not Quite

Heavily Shorted Hertz Soars On Uber Robotaxi Deal Heavily shorted shares of rental-car company Hertz are soaring in premarket trading after the company announced a partnership with Uber Technologies to scale both autonomous robotaxi and driver-led rideshare operations. Hertz’s Oro Mobility unit will be used as a fleet-management system for Uber’s next-generation mobility network of autonomous robotaxis. This means Oro will support the critical operating layer: charging, maintenance, repairs, cleaning, depot staffing, and vehicle logistics. "Through its partnerships with Uber, Oro will deliver scalable operational and maintenance services across both autonomous and...

Charles Schwab, Citadel Securities Weigh Entering Prediction Markets Authored by Jesse Coghlan via CoinTelegraph.com, Traditional finance giants Charles Schwab and Citadel Securities are both considering entering prediction markets, with each separately weighing up how they wish to get involved in the fast-growing sector. “I think at some point we likely will have prediction markets,” Rick Wurster, the CEO of the banking and investing titan Schwab, told investors during a call on Thursday. He added that prediction markets weren’t “of tremendous interest” when he recently asked a group of Schwab clients about them, but...

Tipping Point: When Populations Peak Last weekend (July 11 to be exact) marked World Population Day, celebrating the approximate day that the world's population reached 5 billion on July 11, 1987. With that in mind, Statista's Felix Richter takes a closer look at one of the population trends that will affect many countries sooner or later in the 21st century: population decline. You will find more infographics at Statista Especially prevalent across Europe and developed Asia, this demographic trend is a consequence of declining birth rates and ageing populations and poses significant challenges to the countries affected. In...