Daily Archive: August 9, 2018

NYC Caps Ride Share Vehicles, Requires Minimum Pay

In an effort to combat gridlock on its streets, New York City introduced new regulations affecting rideshare companies like Uber and Lyft, placing a moratorium on new licensed vehicles and mandating a minimum hourly wage for drivers.

Sinclair

Tribune Media-Sinclair Broadcasting Merger Off

The killing of the merger comes two weeks after President Trump waded into the issue on Twitter, going against his own FCC to criticize scrutiny by government over the proposed merger.