ride-sharing services News

New York City, the largest American market for Uber, has become the first U.S. city to regulate the growth of app-based rides. Democratic Mayor Bill de Blasio on Tuesday signed a bill placing a temporary cap on new licenses for …

New York City is moving toward becoming the first major U.S. municipality to cap ride-sharing services, sparking a tsunami of protest on Friday from Uber and others, which warned that those living in far-flung neighborhoods will suffer most. The City …