A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New York Times reported on Wednesday (Jan. 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Yandex, a Russian technology giant and car-sharing company, plans to expand its car-sharing offerings into Europe as other companies in the space retreat, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As Uber, Lyft and other ridesharing companies continue to prosper, California is seeing a reckoning with the question of their need for regular taxis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber will cease operating in Colombia at the end of the month, the company said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
FlixMobility, a German transport app, on Thursday reported a 37% increase in passenger travel in 2019. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
For some people, it can seem almost utopian: The sight of countless commuters using bikes in certain European cities, and not just for recreation or short rides to the park, but for daily work and grocery trips, and even weekend journeys to the country. Get...
As Los Angeles aims to get additional electric vehicles on the roads and reduce emissions, the city is thinking about making rideshare platforms like Lyft and Uber use electric vehicles. The electric-vehicle mandate was one step under consideration to reduce greenhouse gas emissions of the...
Uber was ordered last Friday by a Colombian judge to stop securing business in their country via its popular ride-hailing app, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Uber and Lyft are organizing and pushing back against a California law that takes effect on Jan. 1 and would force them to classify their drivers as employees rather than independent contractors, a move that would compel the companies to provide things like a minimum...