Study shows Uber created some new taxi jobs, but hurt wages

One of the taxi industry's biggest complaints against its competition at ridesharing companies like Uber in Lyft is the idea that these newcomers have been siphoning away jobs from regularly employed taxi drivers. According to a new study of data fro...

Uber will pay $20 million for exaggerating drivers’ earnings

In yet another big settlement for the ride-hailing giant, Uber has agreed to pay a $20 million fee to resolve a case with the US Federal Trade Commission. According to the FTC's complaint, Uber intentionally exaggerated drivers' potential income and...