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How the TLC & Medallion Owners Created Uber

Taxi Cab Owners and Regulators Created Uber The number of cars for hire didn’t rise with demand. What would you expect? Bloomberg, May 4, 2018     On .....»»

Category: blogSource: TheBigPictureMay 4th, 2018

139 NYC Taxi Medallions Available in Bankruptcy Auction

As many as 139 New York City taxi medallions may be sold later this month in a bankruptcy auction. The rise of ride-hailing services like Uber and Lyft have slashed the value of the medallions to a........»»

Category: blogSource: 247wallstJun 11th, 2018

NYC taxi commission study backs pay rise for NYC Uber, Lyft drivers

NEW YORK (Reuters) - New York City's cash-strapped Uber and Lyft drivers have been campaigning for bigger paychecks, and their effort got a boost on Monday from a study two economists conducted for the city's Taxi and Limousine Commission......»»

Category: topSource: reutersJul 2nd, 2018

NYC taxi commission study backs pay rise for Uber, Lyft drivers

New York City's cash-strapped Uber and Lyft drivers have been campaigning for bigger paychecks, and their effort got a boost on Monday from a study two economists conducted for the city's Taxi and Limousine Commission......»»

Category: topSource: moneycentralJul 2nd, 2018

Study backs pay rise for New York City"s Uber, Lyft drivers

NEW YORK (Reuters) - New York City's cash-strapped Uber and Lyft drivers have been campaigning for bigger paychecks, and their effort got a boost on Monday from a study two economists conducted for the city's Taxi and Limousine Commission......»»

Category: topSource: reutersJul 2nd, 2018

Uber needs drivers: Record demand for ride-sharing, food delivery as vaccinations rise

Uber said total monthly bookings, including food delivery and passenger service, reached an all-time high in March. Last week, Uber announced $250 million in sign-up .....»»

Category: topSource: chicagotribuneApr 13th, 2021

Uber shares could rise as much as 65% with profitability "around the corner," Jefferies says

Uber looks set to become profitable soon, says Jefferies, which initiated coverage on the company with a buy rating. Uber has posted strong growth in its delivery service. halbergman/Getty Images Ube.....»»

Category: worldSource: nytApr 1st, 2021

Uber drops 4% after the UK Supreme Court rules that its drivers are employees, not contractors

The ruling could have wide ramifications for workers and companies within the gig economy across Europe. A black-cab driver waves a Union Jack flag whilst standing on a taxi on London Bridge, during a protest agains.....»»

Category: worldSource: nytFeb 19th, 2021

MarketWatch First Take: With plan to license its tech, is Uber extending an olive branch to rivals, or grasping at straws?

As Uber Technologies Inc.'s core rides business suffered again during the pandemic, company executives made some intriguing statements on Wednesday, including the possibility of licensing its technology to its taxi and transit rivals......»»

Category: topSource: marketwatchFeb 10th, 2021

Earnings Results: Uber rides recovering and delivery bookings rise 128%, but revenue misses expectations

Uber Technologies fourth-quarter and full-year revenue fell short of estimates despite encouraging signs in both ride-hailing and delivery......»»

Category: topSource: marketwatchFeb 10th, 2021

: Uber faces legal action threat — this time from drivers of London’s distinctive black cabs

The ride-hailing company could be hit for millions after London taxi drivers grouped together to accuse Uber of operating unlawfully in the U.K......»»

Category: topSource: marketwatchJan 22nd, 2021

Calls rise for Covid-19 vaccines for gig workers

Instacart wants its grocery delivery workers to get a Covid-19 vaccine, and its willing to pay a $25 stipend for them to do it. Instacart’s offer, unveiled late last week, is just the latest move gig worker companies like Uber, Lyft, DoorDash.....»»

Category: topSource: bizjournalsJan 19th, 2021

Venture capitalists reveal the startups that changed everything in the past decade (UBER, SFIX, AMZN, TEAM)

Jackal Pan/Visual China Group via Getty Images / Stitch Fix / Stripe / Shopify The past decade was an eventful one for the startup world. The rise of smartphones, online marketplaces, the sharing economy, and cheap access to the cloud have enable.....»»

Category: topSource: businessinsiderMay 2nd, 2020

Uber"s Shares Rise More Than 8% Even As Company Withdraws 2020 Guidance

The shares of Uber Te.....»»

Category: earningsSource: benzingaApr 17th, 2020

Uber"s Shares Rise More Than 8% Even As Company Withdraws 2020 Guidance

The shares of Uber Technologies Inc. (NYSE: UBER) surged in the after-hours session on Thursday, even as the company withdrew its earnings guidance for the financial year 2020. read more.....»»

Category: blogSource: benzingaApr 17th, 2020

US Industrial Production Crashes By Most Since End Of World War II

US Industrial Production Crashes By Most Since End Of World War II After surviving February (before COVID) with a modest MoM rise, US Industrial Production plunged 5.4% MoM (considerab.....»»

Category: blogSource: zerohedgeApr 15th, 2020

Pandemic isn"t a boon for meal delivery firms

The coronavirus pandemic isn't a recipe for success for the Uber Eats and Just Eat of the world. As Fred Katayama reports, restaurant closures and the rise of home-cooked meals are hurting the sector......»»

Category: topSource: moneycentralApr 7th, 2020

Pandemic isn"t a boon for meal delivery firms

The coronavirus pandemic isn't a recipe for success for the Uber Eats and Just Eat of the world. As Fred Katayama reports, restaurant closures and the rise of home-cooked meals are hurting the sector......»»

Category: videoSource: reutersApr 7th, 2020

"This is why people are so angry": Tech giants like Google, Facebook, and Uber built their empires on the backs of contractors. A pandemic is showing just how horrifically that model failed American workers.

Ronen Tivony/NurPhoto via Getty Images Over the course of the last decade, the tech industry has spurred the rise of the gig economy.  "Gig economy" has since become.....»»

Category: topSource: businessinsiderApr 2nd, 2020

Uber suspends taxi booking option in Saudi Arabia

Uber Technologies has suspended the option to book regular taxi services through its app in Saudi Arabia until further notice, a company statement said on Friday......»»

Category: topSource: reutersMar 21st, 2020