Submitted by Anonymous (not verified) on Tue, 08/14/2018 - 22:18
By Mariana Alfaro In the pouring rain, hundreds of people lined up outside a building in Queens on Monday, clutching umbrellas and paperwork. The frenzy was not driven by a buzzy new restaurant or a new Apple store. Instead the line led to an Uber office and was prompted by the City Council’s recent decision to limit ride-hail apps by imposing a cap on new vehicle licenses.
Submitted by Anonymous (not verified) on Mon, 08/13/2018 - 19:46
By Winnie Hu and Mariana Alfaro Jenine James no longer worries about getting stranded when the subways and buses are unreliable — a constant frustration these days — or cannot take her to where she needs to go. Her Plan B: Uber.
Submitted by Anonymous (not verified) on Thu, 08/09/2018 - 18:33
By Emma G. Fitzsimmons New York became the first major American city on Wednesday to halt new vehicle licenses for ride-hail services, dealing a significant setback to Uber in its largest market in the United States.
Submitted by Anonymous (not verified) on Wed, 08/08/2018 - 21:31
Many individuals who owns taxi medallions that are “underwater” (the amount of the bank loan exceeds the value of the medallion) are interested in cramming down the taxi medallion loan so that the secured portion of the taxi medallion loan equals the value of the taxi medallion and the remainder of the taxi medallion loan would be treated as unsecured debt.
Submitted by Anonymous (not verified) on Mon, 08/06/2018 - 20:18
By Emma G. Fitzsimmons and Aaron Robertson As New York City weighs new regulations for Uber and other ride-hail companies, a group that is often overlooked has entered the spotlight: the thousands of drivers who ferry New Yorkers across the city every day.
Submitted by Anonymous (not verified) on Mon, 08/06/2018 - 19:46
By Tara Siegel Bernard For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy.
Submitted by Anonymous (not verified) on Mon, 08/06/2018 - 19:24
Facing a new regulatory crackdown that they say will severely impact their business, Uber and Lyft made an unusual proposal to New York City’s government: stand down, and in exchange we’ll bail out struggling yellow taxi drivers. The response was a polite no thanks.