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New York City's EV paradise isn't quite what it seems; plus, Coke's Egypt headache

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Why you shouldn’t swallow these Manhattan EV-charging numbers

At first glance, the headline on the Bloomberg story — “Manhattan’s EV-Charging Sites Now Outnumber Gas Stations 10 to 1” — was gulp-inducing. The gulps then grew in reading the introductory paragraph, which claimed that charging an electric car in New York City’s most iconic borough is “much easier than finding a gas station.”

Er, sorry, but finding a gas station in Manhattan has always been hard — and in recent years has become even harder. Why? Because land is too darned expensive. Thus, most of the 29 fill-up spots are on the fringes and in neighborhoods such as East Harlem and Washington Heights.

To be fair, the article’s authors later ’fess up to their misleading gas station count. As they say, “Land on the island is simply too valuable to waste on a business that’s minimally profitable and needs a convenience store or car wash to survive,” and point out that “One by one, the borough’s gas stations have been bulldozed to make way for condos and offices.”…

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Travel Cards Are Getting Too Good To Ignore

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

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