News

  • New York taxi regulator tries to put the brakes on free speech 05 Aug 2019 16:10 The Hill Rideshare services such as Uber and Lyft have revolutionized local transportation and broken stagnant taxi monopolies. Ridesharing offers customers convenience and value, while providing drivers the opportunity to earn money on a flexible schedule.   But …
  • Ocasio-Cortez calls for tougher oversight of New York City taxi medallion lending 02 Aug 2019 19:20 KSRO Beboy_ltd/iStock Beboy_ltd/iStock(NEW YORK) — Rep. Alexandria Ocasio-Cortez and New York City lawmakers are calling for tighter oversight of lending in the taxi medallion industry, following a series of reports from the New York Times highlighted …
  • New York realtor to the stars creates 30-second taxi advert to find a 'divorced dad to remarry'  31 Jul 2019 20:06 Charleston Daily Mail 'If you love your mother - but you still don't live with her - give me a call': Divorced New York realtor to the stars creates 30-second taxi advert to find a 'wonderful, single, divorced dad to remarry' Top NYC realtor known for …
  • New York luxury realtor buys taxi ad to find ‘wonderful, single, divorced dad’ 31 Jul 2019 07:42 WGMD
  • New York Needs a New Taxi Chief. A Battle Is Getting in the Way. 23 Jul 2019 16:30 The New York Times [What you need to know to start the day: Get New York Today in your inbox.] For months, tensions have mounted between Mayor Bill de Blasio and the City Council over how to respond to a crisis in the taxi industry that has bankrupted hundreds of drivers and …
  • Dublin’s taxi problem: ‘There’s as many cabs here as New York’ 17 Jul 2019 02:58 Irish Times Parked at the end of a long queue of taxis that spill over into the adjacent lane near St Stephen’s Green, taxi driver Adidemi Lugboso (51) says there is one glaring problem he faces as a cab driver in the city. “There’s too many taxis,” he says. “There’s …
  • Taxi driver killed by his own cab as he tried to chase a passenger who stole his bag in New York 16 Jul 2019 07:12 Charleston Daily Mail Veteran taxi driver is killed after his own cab fatally struck him as he tried to chase a thief who had stolen his bag Mohammad Zafrullah, 65, died of his injuries as he tried to stop a thief He dropped-off his rider at 11.45pm on Sunday in the Bronx, New …
  • Taxi strikes New York City restaurant, injuring several 11 Jul 2019 17:56 FOX News At least six people were injured when a taxi ran off of the road in midtown <a data-cke-saved-href="https://www.foxnews.com/category/us/us-regions/northeast/new-york" href="https://www.foxnews.com/ …
  • Breathe easier, New York City: Clean-air taxi rules are working 11 Jul 2019 03:54 News Clean-air taxi rules in New York City increased cabs' fuel efficiency and reduced air pollution, a new study says. Legislation introduced in 2006 required at least 9% of new medallions, or licenses, for yellow cabs be set aside for hybrid or compressed …
  • Homicide investigation after man found fatally shot in taxi behind New York CVS 29 Jun 2019 17:56 WABC RAMAPO, Rockland County (WABC) -- A homicide investigation is underway after a man was found dead in a taxi behind a New York CVS Friday. Ramapo Police Chief Brad Weidel confirmed the victim was shot multiple times in the back seat near Noyes and Van Orden …
  • The real killers of taxi medallions - Crain's New York Business 01 Jun 2019 18:01 Google A new narrative about the decline of the iconic taxi has emerged. In this new perspective, the entry of Uber and Lyft into the New York City taxi market was not the catalyst for the decline of taxi medallion values. Rather, the medallion lending industry …
  • Study Finds New York City Clean Air Taxi Laws Have Effectively Reduced Air Pollution 31 May 2019 01:04 AZoCleantech Written by AZoCleantechMay 30 2019 A new study performed by scientists from the Columbia University Mailman School of Public Health and Drexel University states that New York City Clean Air Taxi rules are effective in lowering the emissions and air …
  • Breathe Easier, New York City: Clean-Air Taxi Rules Are Working 29 May 2019 22:37 Health On the Net Foundation Breathe Easier, New York City: Clean-Air Taxi Rules Are Working By Robert Preidt WEDNESDAY, May 29, 2019 (HealthDay News) -- Clean-air taxi rules in New York City increased cabs' fuel efficiency and reduced air pollution, a new study says. Legislation …
  • What Actually Happened to New York’s Taxi Drivers 28 May 2019 10:09 International Herald Tribune Listen and subscribe to our podcast from your mobile device: Via Apple Podcasts | Via RadioPublic | Via Stitcher In the past year, many New York City taxi drivers have fallen deeper into debt, even as the city moved to rein in ride-hailing apps like Uber …
  • Taxi loan abuses part of a broader pattern in New York 24 May 2019 19:35 Americanbanker An investigation by the New York Times earlier this week suggested that the massive collapse in New York City taxi medallion prices since 2014 was not primarily the result of new competition from Uber and Lyft. Instead it was the inevitable outcome of …
  • How New York Taxi Drivers Got Mired in Debt 22 May 2019 18:29 International Herald Tribune To the Editor: “Driven to Despair,” by Brian M. Rosenthal (“Taken for a Ride” series, front page, May 19), is both shocking and significant. It explains how medallion brokers and unscrupulous bank loan sharks have for personal profit put many thousands of …
  • Mexico courts big banks; New York eyes taxi lenders 21 May 2019 12:34 Americanbanker Receiving Wide Coverage ... Debt fret Federal Reserve Chair Jerome Powell Monday “joined a growing list of policy makers and other commentators warning about potential excesses in business debt” and said “financial regulators must take seriously potential …
  • New York’s top lawyer launches inquiry into reckless taxi loans 21 May 2019 08:55 BD News 24 The efforts marked the government’s first steps toward addressing a crisis that has engulfed the city’s yellow cab industry. They came a day after The New York Times published a two-part investigation revealing that a handful of taxi industry leaders …
  • New York’s Attorney General Opens Inquiry Into Reckless Loans to Immigrant Taxi Drivers 20 May 2019 23:54 The New York Times “Today I ordered a joint investigation by the Taxi and Limousine Commission, Department of Finance and Department of Consumer Affairs into predatory practices by brokers in the taxi industry,” the mayor said in a statement. “The 45-day review will identify …
  • Blade helicopter ride-share taxi crashes in New York 15 May 2019 23:18 Cnet The helicopter is pulled out of the Hudson River Drew Angerer / Getty Images One of a fleet of helicopters being used as part of Blade's ride-sharing service was been forced to make an emergency landing in the Hudson River in New York on Wednesday …