jonknee

They're re-introducing the lower cost model, interesting move right before quarterly earnings get announced. I have to assume this means sales have been poor.

> In addition to our Long Range and Performance variants, we’re also re-introducing a lower entry price for Model S and Model X by bringing back our Standard Range option

On the other hand I was on the interstate the other day and it told me to get off and take a detour, I ended up avoiding a massive backup. I don't always take the advice, but man I like having the opportunity.

Funding varies wildy based on location as it comes from local property taxes. Not all schools would need such increases. Thanks to that local funding scheme, the US tends to spend the most on the kids that need it the least.

Corporations are owned by people, start by taxing them simply. Income should be taxed the same whether it comes from a dividend, capital gain or as wages.

FTA:

> The school’s $2 million budget is funded by the district, roughly the same amount per pupil that it spends in other schools. But Mr. James’s foundation has provided about $600,000 in financial support for additional teaching staff to help reduce class sizes, and an additional hour of after-school programming and tutors.

> The 90 percent of I Promise students who met their goals exceeded the 70 percent of students districtwide, and scored in the 99th growth percentile of the evaluation association’s school norms, which the district said showed that students’ test scores increased at a higher rate than 99 out of 100 schools nationally.

It sounds like almost all the students met their individual goals which means they are making progress no matter what percentile they started in. They're not out of the woods, but this is a population that previously had only ever seen bad results from the school system. It's a small experiment, but it's hard to spin the early results as anything but a good thing.

Goldman is a huge organization, the parts that deal with consumers aren't the parts cutting huge financing deals. Marcus--their online savings bank--is very consumer friendly and pays more interest than almost anyone else (2.25%, certainly more than anyone else with a big name). I'd imagine this offering will be much more like Marcus and have nothing to do with its investment bank activities, but I guess we'll find out.

https://www.marcus.com

Samsung Pay, Android Pay and Apple Pay all are primarily just a different way to use a credit card. They're competing against the physical way cards are processed, not the cards.

What's your point with this outdated article? Tons of companies have branded credit cards, it does not mean they have the credit risk. That's what Goldman is for in this situation.

> I doubt they'll scrap them but it smacks of long-term parking.

Oh please, they're not being scrapped. But a working airport is not a proper place to store large jets.

> Lyft can be profitable today if they wanted to. The only reason they aren't is because they are fueling growth by propping up the supply of drivers through driver signup bonuses.

Maybe, but subsidizing new drivers might be key to having enough drivers to satisfy rider demand. They're a commodity with very little stickiness, if Lyft has a wait people will use something else.

In theory you are correct, in practice the hotel will play dumb and say they'll match it but after you file paperwork proving it was cheaper somewhere else. I've literally booked on HT from the front desk because they can't match the rate. It makes no business sense, but yet here we are.

Another example: I just checked HT for San Francisco tonight and the Hyatt Regency is up for $179 after taxes and fees. On Hyatt.com it's $259.

It's also not a difficult concept that since you don't pay the fee to Hotel Tonight that they don't charge you that fee. Just like every other OTA in existence. It's a scummy business practice by hotels, but it's clearly outlined when you book the room.

If an Airbnb is a lot cheaper there is going to be a reason, often it's location. I tend to move around and the ridiculous cleaning fees for Airbnb make it a non-starter. I'm flying to San Diego tomorrow and Hotel Tonight has several nice looking choices at around $100 a night (~$120 with taxes and fees). I just looked at Airbnb and I can get a studio apartment in a similar area for $79 a night which seems like a steal, but it's $184 after fees! $70 cleaning, $19 service fee and $16 "Occupancy taxes and fees". Airbnb is worse than Ticketmaster in this regard.

I would only use Airbnb for long stays when I need extra bedrooms. It just doesn't make sense for the traveling I do or for most business travel.

Yes, try booking a resort from Hotel Tonight, Hotels.com, Booking, Expedia or whoever you want. You'll always pay the resort fee at the property. I agree that it's a scam, my point is just that it has nothing to do with Hotel Tonight.

Well it's because they aren't charging you the resort fee, the hotel does that. They itemize what you're actually paying for... Just like they mention, but don't charge you for parking ahead of time. That's up to the hotel.

Anyway, the UI is different now and in big type it says "Due Now" with the resort fee mentioned under that. I personally didn't find it confusing before, but it's now quite clear.

I mean sometimes you just want to book a room and not have to file a claim to get a refund.

Or chances are it really depends on where you are and if they have properties they have negotiated with vs general inventory that all the travel bookers use. Sometimes there are deals, sometimes there aren't.

But it works that way even if you book on the hotel's own website... Or Hotels.com, Booking, whatever you want.

They don't really though, I have called and they told me they were unable to do it and once got a sure they'll price match, but I'll have to pay the much higher rate and then file paperwork for a refund of the differnce... Like that will ever work!

In prison? That's exactly how all hotel bookings work. I agree resort fees are a scam, but that's how it works and it's always charged directly by the property.

Well literally their entire pitch is that you book last minute and get savings. It would be weird if it wasn't at a discount...

I just pulled it up for Seattle and the Kimpton Monaco is up for $115, $140 after taxes and fees. From the Kimpton website it's $208 or $264 after taxes and fees. So about half off, pretty good deal! This was just the first one in the list, there may be better deals.

> The HotelTonight app and website will continue to operate as they do today

I really hope that's the case, I love Hotel Tonight but will absolutely stop using it if I end up getting someone's condo. Regardless, I'm worried that hotel selection will go way down. They keep emphasizing boutique hotels, but that's not people go to Hotel Tonight for. I could definitely see large hotel chains not wanting to do business with Airbnb though...

It's incredibly rare for white collar criminals to get caught and put in jail. You have to look no farther than the White House to see that not only can you escape it, but that it's actually the norm.

Yes, when you don't count expenses it sure is a lot easier to make a profit!

> A family worth 90 million will still have a lot of financial anxiety

My god, get out of the valley for even 2 minutes. $90,000,000 is an obscene amount of money literally anywhere in the world.

On the other hand, the baseball player will create much more than that in value while Lyft has lost billions of dollars. If someone here is underpaid it's not the Lyft founders.

Why not? They sell $2 bills for $1 at scale. They need constant funding.

2018 revenue of $2.16B, with a loss of $911.3M. Oof. Though as a passenger I can't say I mind buying $2 bills for $1!

You throw out an LED smart bulb maybe once every few years? Probably one of the single worst ways to target an individual.