Uber and Lyft Ordered to Pay $328 Million to Injured Drivers in Historic Settlement Agreement

Uber and Lyft Ordered to Pay $328 Million to Injured Drivers in Historic Settlement Agreement

“Historic” agreements. In the United States, the vehicle reservation platforms Uber and Lyft have reached agreements with the courts of New York State: they will have to return $328 million to injured drivers ($290 million for Uber and $38 million for Lyft). This is the largest compensation theft settlement ever obtained by the state’s attorney’s … Read more

Uber and Lyft to Pay $328 Million to Settle Wage Theft Lawsuits in New York

Uber and Lyft to Pay $328 Million to Settle Wage Theft Lawsuits in New York

NEW YORK — Ride-hailing companies Uber and Lyft will pay a combined total of $328 million to settle wage theft lawsuits in New York, Attorney General Letitia James announced Thursday. James said the settlements resolve investigations into companies that improperly charged drivers sales taxes and other fees when the costs should have been paid by … Read more

Illinois Enacts Law to Make Uber and Lyft Responsible for Ensuring Rider Safety

The Illinois House of Representatives earlier this week passed a ley that will hold ride-sharing services accountable in the event someone is injured or assaulted during a ride. The legislation is an amendment to the current Transportation Network Providers Act, which removes the provisions that a “transportation network” such as Uber or Lyft is not … Read more

Strong job market pushes New York Stock Exchange into the red

Die Wall Street in New York The tech companies Snap and Twitter had to accept price losses. – (Photo: AP) – – – – Frankfurt, New York The prospect of further extensive rate hikes by the Fed is weighing on Wall Street. The leading indices Dow Jones, Nasdaq and S&P 500 fell by up to … Read more

He was killed when he was lowered from a Lyft car; he was employed by Governor Cuomo of New York

Lyft service car. Foto: Drew Angerer / Getty Images – Sidney Wolf, who worked as a political adviser to Andrew Cuomo when he was governor of New York, was fatally run over when he was thrown from a Lyft car on a highway in Delaware.authorities said. Wolf, 43, and five of his friends arranged for … Read more

Another store chain shocks investors

Wednesday announced another US retail chain, Dick’s Sporting Goods, that 2022 will be worse than previously thought. The reason is “challenging macroeconomic conditions”. Paradoxically, the XXL-like company’s top and bottom line in the first quarter were better than expected. At four o’clock, the share price was down by well over 6 per cent. A couple … Read more