Tag Archives: Rides

Trump Rides a Market Wave, but Business Looks for Results

Traders at the New York Stock Exchange on Monday after a day of gains. Many in business are concerned about the trade-offs a 15 percent corporate tax rate could entail. The investor enthusiasm that began with President Trump’s unexpected victory in November has burst out anew on Wall Street, even as Washington remains gridlocked and evidence of any real pickup ... Read More »

Odd-Even Rule: Startups Expand Scope, Offer Free Rides

With the second phase of odd-even rule set to be rolled out from tomorrow, ride-sharing apps like 360Ride and Rapido are lining up free rides and scaling up operations to handle higher demand from consumers. The odd-even rule was implemented on an experimental basis from January 1 to January 15 in view of high air pollution in the national capital. ... Read More »

Uber Offers Free Rides in Argentina Amid Crackdown

Uber redoubled efforts to launch its services in Argentina on Friday by offering five days of free rides even as authorities cracked down on the rideshare company’s operations. Police raided homes where they believed Uber to be operating out of after a court had ordered the company on Wednesday to suspend operations and launched an inquiry into whether the service ... Read More »

Uber Agrees to Settle ‘Safe Rides Fee’ Lawsuit for $28.5 Million

Uber has agreed to pay $28.5 million to settle litigation brought by customers who alleged the ride hailing service misrepresented the quality of its safety practices and the fees it charged passengers, the company said on Thursday. The two proposed class action lawsuits said Uber charged passengers a “Safe Rides Fee” of as much as $2.30 per trip to support ... Read More »