Pedaling, walking, and taking public trains and buses ought to take priority over helping drivers of cars in order to achieve "transit justice," Massachusetts U.S. Representative Ayanna Pressley said.
Pressley (D-Dorchester) is co-chairman of the new Future of Transportation Caucus, which she helped introduce during a press conference in Washington D.C. on Thursday, October 17.
The conventional wisdom about WeWork these days is that it is some kind of failure.
The privately held company announced that its co-founder, Adam Neumann, would step down as CEO. It also withdrew the planned initial public offering that it had registered with the Securities and Exchange Commission. That was an indication that potential investors were wary about buying into an enterprise that, in 2018, lost about $1.9 billion on revenue of about $1.8 billion. Or at least that the potential investors were wary about buying in at a price that valued the overall company in the $10 billion to $47 billion range.
