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Taxi-medallion task force to recommend rule changes, rescue plans

A City Council task force addressing the taxi-medallion loan crisis will recommend creating an app to make yellow cabs more competitive with Uber and Lyft, introducing flexible pricing--and rescuing... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 30th, 2020

California wanted to protect Uber drivers. Now it may hurt freelancers

A state law meant to protect workers at companies like Uber and Lyft takes effect on Wednesday. Some say it will limit their prospects......»»

Category: topSource: moneycentralJan 1st, 2020

The 32 places Uber and Lyft drivers earn the most, according to the data

AP/Seth Wenig Gridwise — a smartphone app designed for rideshare drivers to increase earnings — has released a report detailing which cities Uber and Lyft drivers make the most money. The Bay Area in California takes fir.....»»

Category: topSource: businessinsiderDec 31st, 2019

Why Is Citron’s Andrew Left Betting Against Peloton?

The activist short seller takes aim at the latest fitness fadRelated Stocks: PTON, UBER, LYFT, GPRO, NFLX, FB,.....»»

Category: blogSource: gurufocusDec 12th, 2019

LAX"s new system for Uber, Lyft and taxi pickups is plagued with long waits

On Sunday night it took more than an hour for taxis to dri.....»»

Category: topSource: latimesNov 4th, 2019

Long lines and long waits for some on Day 1 of LAX"s new Uber, Lyft and taxi system

Travelers leaving LAX now have to board a shuttle or walk to a waiting area east of Terminal 1 to call a car. Travelers leaving LAX now have to board a shuttle or walk to a waiting area east of Terminal 1 to call a car......»»

Category: topSource: latimesOct 29th, 2019

Plenty of confusion, but little congestion, on Day 1 of new Uber, Lyft and taxi system at LAX

Travelers leaving LAX now have to board a shuttle or walk to a waiting area east of Terminal 1 to call a car. Travelers leaving LAX now have to board a shuttle or walk to a waiting area east of Terminal 1 to call a car......»»

Category: topSource: latimesOct 29th, 2019

Lyft sues city over cruising cap

Less than a month after Uber sued the city over regulations that put a cap on cruising times, Lyft has chimed in. The No. 2 ride-hail company filed suit Friday evening, asking that the Taxi and... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 12th, 2019

Midwestern money manager becomes big player in city"s taxi industry

Midwestern money manager O’Brien-Staley Partners acquired hundreds of New York City taxi medallion loans, becoming a major player in an industry upended by Uber and Lyft. O’Brien-Staley, founded by... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 20th, 2019

Deep Dive: Weekend Roundup: Uber, Lyft and rising prices | Trade war becomes a currency war | Making money on China

Also, Ed Yardeni takes ‘Modern Monetary Theory’ to task......»»

Category: topSource: marketwatchAug 10th, 2019

In One Chart: This chart shows how Uber rides sped past NYC yellow cabs in just six years

Ride-hailing apps like Uber and Lyft have surged, while New York taxi rides have stalled......»»

Category: topSource: marketwatchAug 9th, 2019

The real killers of taxi medallions

A about the decline of the iconic taxi has emerged. In this new perspective, the entry of Uber and Lyft into the New York City was not the catalyst for the decline of . Rather, the medallion... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 3rd, 2019

Lyft And Uber Borrow From Taxi Model To Reduce Congestion At Portland Airport

Hailing an Uber Technologies (NYSE: UBER) or LYFT Inc (NASDAQ: LYFT) at the Portland International Airport can be a huge headache, with ride-hailing services making 400 read more.....»»

Category: blogSource: benzingaMay 31st, 2019

Uber, Lyft and the hard economics of taxi cab medallions

When a business is partially regulated, the part that isn’t performs in uneconomic ways......»»

Category: topSource: washpostMay 24th, 2019

Uber, Lyft stop hiring drivers in city

Both Uber and Lyft have stopped hiring new drivers in the city in response to new minimum wage regulations—a sign that the rules the Taxi and Limousine Commission passed at the end of the year are... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 3rd, 2019

What Tesla’s Robo-Taxi Network Means for Uber and Lyft

Tesla’s robotaxi network remains in development, with Elon Musk projecting the service will have one million vehicles and be in operation in 2020. Should Uber and Lyft investors be concerned?Related Stocks: TSLA, LYFT,.....»»

Category: dealsSource: nytMay 1st, 2019

Lyft Sinks; Uber Takes Note

Lyft’s sharp decline in investor interest definitely isn’t a great sign for Uber, but maybe it doesn’t have to be all bad......»»

Category: topSource: foxnewsApr 4th, 2019

Uber, Lyft and Via sue to block wheelchair-accessibility mandate

The city's three biggest ride-hail companies have banded together to undo the recently passed Taxi and Limousine Commission mandate requiring them to make wheelchair accessible service a growing part... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 13th, 2018

Phoenix taxi owner talks ride sharing, new airport pickup and why taxis have benefited from Uber and Lyft

VIP Taxi is the first taxi company to get a new contract at the airport in nine years......»»

Category: topSource: bizjournalsMay 8th, 2018

Uber pulls up in Japan with taxi-hailing service

TOKYO (Reut.....»»

Category: topSource: reutersMay 22nd, 2018