Millions of Americans are injured, and tens of thousands killed, in auto accidents each year. Self-driving cars should reduce those numbers as they take to U.S. highways and roads. As a result, “crash economy” industries that provide repair, salvage, medical and financial services may be headed for an overhaul.
The insurance industry is a leading candidate on that list. Research firm IBISWorld pegged insurance as a $311 billion piece of the crash economy. By 2026, insurers will begin to see premiums decrease as a result of autonomous vehicles, according to consultant Accenture. By 2035, annual premium revenues are projected
Oxford Street empty of shoppers as the national coronavirus lockdown three continues.
Mike Kemp | In Pictures | Getty Images
LONDON — The International Monetary Fund has raised concerns over commercial property and the risk it could pose to financial stability, as the sector faces a series of challenges on the back of the coronavirus crisis.
These include the fact that many non-essential retailers were forced to shut their doors as economies across the world locked down in response to the pandemic. In addition, many employees began to mostly work from home, and online shopping surged. It has raised questions
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Los Angeles parents are suing the local school district and teachers union for continuing school closures amid the coronavirus pandemic, claiming that students have suffered academically and emotionally as a result.
The personal injury lawsuit filed this week named the Los Angeles Unified School District (LAUSD), United Teachers Los Angeles (UTLA) union, and UTLA President Cecily Myart-Cruz as defendants, the Los Angeles Daily News reported.
SAN DIEGO PARENTS OUTRAGED AS MIGRANT CHILDREN LEARN IN PERSON WHILE THEIR KIDS REMAIN HOME
The suit alleges that the LAUSD failed to uphold its standard of acting in the best interest of students
Often you hear business owners talking about their multiple six and seven-figure businesses, which causes much confusion in the entrepreneurial space. Having large revenue numbers like that is excellent, but without understanding fully what that means, it can be unclear to know how great an achievement it is. To an accountant, revenue is not as impressive as profit. If your business is making a profit, that is impressive. But many multiple seven-figure businesses have gone bankrupt due to a lack of profit.
Profit is how much money your business is making, and it
WHO Origin Hunters Push Back as Report Assailed On All Sides
(Bloomberg) — Nearly three dozen scientists vetted by the World Health Organization and the Chinese government gathered in Wuhan, China, early this winter to start the arduous task of finding the origins of Covid-19 and determining how it spread like wildfire around the world.Six weeks after that trip, the working group this week delivered an analysis that laid out four possible scenarios and recommended next steps for digging deeper to find the pandemic’s genesis. The 123-page report, and a nearly 200-page supplement, was immediately engulfed by criticism, with
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