New York credit unions that have run up large exposures to the city’s iconic yellow cabs are facing a sharp increase in loan losses after a judge threw out a legal challenge to ride-hailing service Uber Technologies Inc. Four credit …
A woman who accused an Uber Technologies Inc. driver in India of raping and beating her during a ride home in December dropped her U.S. lawsuit against the company. No details were provided in a court filing saying that the …
Uber Technologies Inc. will have to defend a group lawsuit brought by drivers seeking the pay and benefits of employees. The judge’s ruling may slow the company’s growth and cut into its $50 billion valuation. It could affect the company’s …
Uber drivers are entitled to class action status in litigation over whether they are independent contractors or employees, a key development in a case threatening Uber’s business model and that of other hot startups dependent on similar service workers. Three …
Officials in numerous Delaware cities have asked drivers who use the ride-hailing app Uber to obtain business licenses. The News Journal of Wilmington reports that under a deal struck by Delaware and the company this year, it is unclear if …
Travelers flying to Las Vegas may soon be able to hail a ride from Uber or Lyft. Officials have been developing plans allowing the ride-hailing companies to pick up and drop off passengers using McCarran International Airport. The option won’t …
Two taxi companies in Rhode Island have asked a judge to stop ride-hailing company Uber from doing business in the state. The Providence Journal reports Orange Cab of Newport and Airport Taxi of Warwick filed a lawsuit this month seeking …
Uber Technologies Inc. and Lyft Inc. will be able to pick up and drop off passengers at Los Angeles International Airport within weeks, after the City Council made it the largest U.S. city to permit the companies at its airport. …
Uber has spent more on lobbyists in California than Facebook and Apple combined to fend off regulations aimed at the heart of its worldwide business model. The San Francisco company’s lobbyists are pushing lawmakers to exempt its drivers from obtaining …
Uber Technologies Inc.’s criminal background checks for drivers failed to prevent it from hiring registered sex offenders, identity thieves, burglars, a kidnapper and a convicted murderer, California prosecutors said. The district attorneys of San Francisco and Los Angeles escalated their …
