One company that operates red-light cameras, posted at intersections to generate automatic traffic tickets, reports that revenue is down due to the coronavirus pandemic.
Shares of Redflex, which trade in Australia, are down 46% since the beginning of the year.
On a call with investors Monday, Redflex CEO Mark Talbot warned that further travel restrictions could delay new installations and therefore impact revenues.
Fascinating that a business that's as close to a license to print money as it gets is wrecked after a few weeks of people not driving their cars. Everything is leveraged up to the eyeballs.
Red light cameras are now illegal in many places because the revenue-generation incentive inevitably leads to corruption, spurious fines, dangerous placements and unconstitutional searches.
William “Roddie” Bryan Jr. charged with Felony Murder & Criminal Attempt to Commit False Imprisonment.
The Wall Street Journal reported on Friday that federal and state regulators in the U.S. are preparing to file antitrust lawsuits against Google, saying the company abused its dominance of online search and advertising to crush competition and maximize profit.
“It is baffling, to say the least, how Zoom failed to protect Saint Paulus’s Bible study class from a ‘serial offender’ who has been ‘reported multiple times to the authorities,'” the church said.
Just as in almost any industry that seeks high-demand, well-trained workers, certification often becomes key. For project managers, that means anyone who’s serious about serving in that role with a respected company knows they’re going to need the seal of approval in one of the field’s most recognized methodologies before they stand much of a […]
Popping a new battery in a smoke detector or adding salt to your water softener are easy fixes. But if you run into trouble or a necessary repair in a cramped, tight place, sometimes with no obvious fix or easy access, it can be a pretty frustrating exercise. Since flying blind is the absolute worst, […]
Firing up the engines each morning and attacking the day with gusto and purpose can feel like a mighty tall order sometimes. We’ve all been there. But on those sluggish, why-don’t-I-just-stay-here-in-bed-all-day kinda days, it might just take a rational, calming, reassuring nudge to make it happen. No matter what it takes to keep you motivated […]