As a taxi lender seizes medallions, cabbies are caught in the carnage | Crain’s New York Business

Cab drivers and owners get caught in the headlights of a troubled taxi lender As Melrose Credit Union looks to seize assets instead of refinancing medallion loans, individual owners fear for their future Photo: Buck Ennis THE ROAD AHEAD Drivers such as Medina are 
weighing whether to stay 
 in the business. inheritedlink: /apps/pbcs.dll/article?AID=/20170709/SMALLBIZ/170709944&template=rwd& morning10: […]

Column: The claim that if wages go up, jobs will go down is not a theory — it’s a scam | PBS NewsHour

The claim that if wages go up, jobs go down isn’t a description of reality at all. It is a negotiating strategy used by employers to keep wages down and profits high, writes billionaire venture capitalist and $15 minimum wage proponent Nick Hanauer. Photo by Brendan McDermid/Reuters Editor’s Note: This column is reproduced with permission […]