Aug

Why Tensions Between Uber and Cities Peaked in NYC

New York City dealt Uber Technologies Inc. a blow recently by halting new licenses in its largest U.S. market. It marked a turning point in the city’s relationship with digital ride-hailing services, which have flooded streets, compounded traffic and pushed taxi owners to a financial cliff. New York’s actions are the latest example of how city and national governments worldwide are trying to corral Uber after years of rules-be-damned growth under former managers. They also show how new Chief Executive Dara Khosrowshahi has tried to balance innovation with political diplomacy…

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Why Tensions Between Uber and Cities Peaked in NYC

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