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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

3

Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998
Uber Technologies

10% of all Uber rides happen in China

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Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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June 9, 2015, 11:31 AM ET
Photo illustration of logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street in Madrid
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014.Photograph by Sergio Perez — Reuters
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As popular as Uber might be in your neighborhood, the ride-sharing company is becoming extremely popular in China, according to a report in The New York Times.

Uber provides around 100,000 rides per day in the country, about 10% of the 1 million rides the company gives per day worldwide. These numbers were provided to the Times by two confidential sources, and they have not been confirmed publicly by Uber.

Uber is also investing heavily in its operations in China. The company said it created 60,000 jobs in the country in late May.

Uber is not operating from a position of dominance in China the way it is in the US; there are several local competitors who control much of the market there, the Times notes.

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