Why is New York’s Citi Bike losing tons of money?

Grist
By acortes2014Mar 27, 2014, 4:51 pm43 pts
New York, I love you, but you’re bringing me down. It’s only been 10 months since Citi Bike program started, and already the “most visible bike-sharing program in the world” is in trouble. Not just the can’t-get-out-of-first-gear kind of trouble – we’re…

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