Thursday, August 9, 2018

New York City votes to cap Uber, Lyft vehicle licenses

The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber Technologies Inc for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue.


from Reuters: Money News https://ift.tt/2MuChFk
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