ride-hailing News

Uber Warns NYC Response to Insolvent Insurer Exposes Drivers

Uber Technologies Inc. is asking New York City’s taxi regulator to reconsider proposed changes to commercial auto insurance requirements, saying they may unintentionally leave thousands of drivers in one of the company’s largest markets unable to insure their vehicles. Uber …

Lyft to Roll out Rider Verification Badges in Safety Push

Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform, the company said on Tuesday. Rival Uber Technologies had started rolling out similar features two months ago and provided …

Uber Pays Australian Taxi Drivers $178 Million in Settlement

Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income when the ride-share company entered the local market. Uber Technologies Inc. settled the class action brought by more than …

Lawsuit Seeks to Designate Uber, Lyft Drivers as Employees

BOSTON — Massachusetts Attorney General Maura Healey is asking for a court ruling recognizing Uber and Lyft drivers as employees under the state’s wage and hour laws. The lawsuit, filed in Suffolk Superior Court, challenges the designation of drivers as …

Putting Autonomous Driving Back on the Road

The self-driving car was a dream deferred even before the Covid-19 outbreak brought the U.S. economy to a standstill. By early 2020, plans to launch robotaxi services had been pushed back or scaled down as excitement over driverless cars gave …

Uber, Lyft Suspend Pooled Rides to Limit Spread of Coronavirus

Uber Technologies Inc and Lyft Inc Tuesday began suspending shared rides on their ride-hailing platforms in the United States and Canada to limit the spread of the coronavirus. The pooled option, which allows riders to book trips at lower prices …

Daimler, BMW Exiting North American Car-Sharing Market, Cutting in Europe

WASHINGTON — BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market, with the joint venture partners halting operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver, as they focus on the European …

Lyft, Uber Shift Risk to Captive Insurers

Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii. On Friday, Lyft told potential investors …