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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Here’s What Uber and Lyft Are Doing During D.C.’s Historic Metro Shutdown

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March 16, 2016, 8:30 AM ET
The streets of DC have become a ghost town with the Government's Shutdown
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Uber Technologies will cap surge pricing in the Washington area at 3.9 times base fares during the shutdown of the Metro system on Wednesday.

It also said it will offer a $25 credit to new users towards a first ride during the shutdown.

Lyft said it would offer new users $20 off their first ride during the shutdown.

Hundreds of thousands of government workers, tourists and business travelers could face a chaotic commute in the Washington, D.C., area on Wednesday when the second-busiest U.S. subway system will be shut down for emergency safety checks.

The estimated 700,000 people who ride the Washington-area Metro subway system every weekday, including about a third of the region’s federal workforce, will have to scramble to get to work and around town while 600 underground cables are inspected.

Transit officials in the U.S. capital announced the unprecedented closure on Tuesday afternoon after a cable fire this week caused delays. The subway, which serves Washington and its Maryland and Virginia suburbs, is scheduled to reopen at 5 a.m. Eastern on Thursday.

The closure of the 119-mile subway system, which has been plagued by equipment breakdowns and fires, will allow safety officials to inspect the cables for worn-out casings, Washington Metropolitan Area Transit Authority General Manager Paul Wiedefeld told a news conference.

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