The bottom line
▪ There are only three airports in the U.S. where it’s cheaper to take a taxi to the city center than it is to take an Uber: Boston’s Logan International Airport, and New York’s JFK and LaGuardia airports.
▪ Australian carrier Qantas Airways hopes to start offering nonstop flights from Sydney to London and New York in 2022, using new ultra-longrange aircraft. The Sydneyto- London route would be the longest direct flight in the world, at 20 hours and 20 minutes, but without a stopover it would save travelers almost four hours.
▪ The U.S. youth-sports industry—which includes everything from travel to private coaching to apps for organizing leagues and live-streaming games—now generates $15.3 billion in revenue a year, according to WinterGreen Research. That’s a 55 percent hike since 2010.
▪ St. Louis became the rare city to lower its minimum wage this week, from $10 an hour to $7.70. A new state law took effect requiring Missouri cities to abide by the statewide minimum.
The Wall Street Journal
▪ More than half of U.S. banknotes in circulation are held outside the country, including an overwhelming majority of $100 bills. American dollars are seen as a more dependable store of value than many local currencies.
The New Yorker