New York City Council votes to limit number of Uber, Lyft vehicles

Uber app

Those wage concerns aren't limited to taxi drivers, though - in fact, the New York Times reports that almost 40 percent of the city's ride-hailing drivers qualify for Medicaid because their take-home wages are that low.

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 US metro area for a major source of their revenue. The new regulations, which restrict new licenses from being issued and stipulate a minimum wage for drivers, last for one year, and are the first of their kind to be imposed in a United States city.

Supporters of the cap bill say it will protect the financial stability of drivers already in the city as well as taxi drivers and reduce road congestion.

For generations, taxi drivers in NY were protected by rules restricting competition. But the lawmaker still thought the 12-month moratorium on new Taxi and Limousine Commission-licensed cars working for "high-volume for-hire services" would cruise through. Mayor Bill de Blasio released the following statement, saying he is prepared to sign the bill into law: "Our city is directly confronting a crisis that is driving working New Yorkers into poverty and our streets into gridlock". The same companies are now pushing back on the new proposals, including telling users through social media and on their apps that the legislation could make rides more scarce and more expensive.

"We are pausing the issuance of new licenses in an industry that has been allowed to proliferate without any appropriate check or regulation", Corey Johnson, the City Council speaker, told the New York Times before the vote.

Hector Enters Central Pacific as Category 4 Hurricane
It was centered about 1,525 miles (2,455 kilometers) east of Hilo, Hawaii and was moving toward the west at 12 mph (19 kph). Hawaii emergency officials are keeping track of a hurricane that's expected to pass to the south of the islands this week.

The New York Taxi Workers Alliance, an 18,000-member union representing the city's taxi drivers, hailed the council's vote as a victory. "The unchecked growth of app-based for-hire vehicle companies has demanded action - and now we have it", he said after the vote.

Licenses for new ride-hailing vehicles in the city are about to get scarce.

'Uber as you know it is going to be Uber as you know it, ' Cumbo said.

The relative lack of resistance-Uber and Lyft have spent a fraction of the amount on lobbying this year as they did three years ago and have not run attack ads on politicians who have received money from yellow-cab medallion holders-may owe to the council's decision to package the cap with other bills that the firms support. Which, as Councilman Eric Ulrich (R-Queens) put it, "is like putting a cap on Netflix subscriptions because Blockbusters are closing".

The New York City Council originally mulled a similar ban in 2015, but it stepped away from the issue before any legislation was approved.

Related News:



Most liked

Israeli air strikes 'kill woman and toddler'
The gathering had raised hopes a deal for a lasting truce with Israel, with the backing of Egypt and the United Nations. Gaza residents reported several Israeli airstrikes after the Palestinian rocket barrage.

United Kingdom to seek extradition of Russians in Skripal case: Guardian
Two Russians are said to have been identified as suspects in the attack which left one person dead and three injured. Rowley said he had found a perfume bottle which he gave to Sturgess, which she sprayed on her wrists.

NCAA adopts college basketball reforms for NBA draft, agents, more
The latter would become effective if the NBA and its players' association allow high school students to enter the draft. This new rule aims to help highly touted high school players "make informed decisions about going pro".

Pacific hurricane absorbs trop storm; new storm in Atlantic
A tropical storm warning has been issued for Hawaii County as Hurricane Hector continues its approach toward Hawaiian waters. Subtropical storms usually have winds that are spread out farther from the center, and they are often asymmetric.

Samuel L. Jackson, Cobie Smulders join Spider-Man sequel
Because of this, Sony - which co-produces the Spider-Man films with Marvel Studios - did not comment on this casting. Warning: I haven't written it yet, but this post will probably contain spoilers for Avengers: Infinity War .

Major champs in spotlight at 100th PGA
Bevacqua said the organization decided a couple years ago its current headquarters in Palm Beach Gardens no longer fit the bill. Louis with a T14 under his belt last week at the WGC but has performed unbelievably well in the major tournaments this season.

Did Nintendo Just Kill Luigi for Super Smash Bros. Ultimate?
Squad Strike: A team battle mode similar to what's actually found in Street Fighter V: Arcade Edition . Players will also be given the chance to morph into a 2nd character mid-battle.

Iran vows to continue oil exports despite Trump's threats
Iranian Foreign Minister Mohammad Javad Zarif branded as doomed to fail the USA attempt of stopping Tehran from exporting oil. Rouhani said in the current situation, the friendly countries should stand beside each other and expand relations.

Police investigate after baby's body is pulled from water near Brooklyn Bridge
An eight-month-old baby boy's lifeless body has been found floating in the water near New York's Brooklyn Bridge. Her husband Monte called emergency services before reaching into the water to retrieve the boy.

Fallout 76 won't be available on Steam
Bethesda has confirmed that decision to PC Gamer , saying that Fallout 76 will only be available to purchase through its website. Now the only way to get access to the beta is by pre-ordering Fallout 76 , which you can do so from the Microsoft Store here.

Rogue planet with mystical aurora discovered drifting beyond our solar system
That's an incredible finding, and it suggests that there's some very interesting things going on above the planet's surface. The question of where the line between a brown dwarf and a massive planet lies has plagued astronomers for years.

Tesla shares dip after Elon Musk proposes going private
Other board members mentioned in the statement included Robyn Denholm, Ira Ehrenpreis, Antonio Gracias and Linda Johnson Rice. Midway through the trading session in NY on Wednesday, Tesla shares were down 5% at $374 after surging 11% on Tuesday.

Carrie Underwood reveals she is pregnant with baby number two
We always talk about adoption and doing it when our child or children are a little older", Underwood said. 'Exactly how did Carrie Underwood miss her chance to have more kids?' asked Twitter user @pfcproduces.

Saudi Arabia: 'There is nothing to mediate' in dispute with Canada
Saudi neighbours Bahrain and the United Arab Emirates have voiced solidarity with Riyadh, according to media reports . But if this was an attempt by Saudi Arabia to push down Canadian markets, the move had limited success.

Ford officially unveils Ontario's buck-a-beer plan
Barley Days Brewery General Manager Kyle Baldwin says they hope to be offering a case of 24 beers for $24 soon. In the meantime, there are already plenty of beers that sell for cheap in Ontario.