Articles by Natalie Lung

Uber Proposes Cutting NYC Driver Minimum Pay on Lower Gas Prices

Uber Technologies Inc. is proposing a cut to New York City drivers’ base pay rate, among other recommendations, as it seeks to lower prices of rides in one of its largest markets. The company would like the city’s Taxi and …

Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay

Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the US Federal Trade Commission accusing the ride-hailing company of deceiving drivers about how much they would earn when consumer demand picked up after the pandemic. The agency …

New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown

In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of American Transit Insurance Co. The 52-year-old, family-owned firm is hardly a household name, but it’s vital to how New Yorkers …

Uber to Begin Offering Self-Driving Cruise Cars, Shares Fall

Uber Technologies Inc. plans to start offering self-driving Cruise LLC cars to customers on its ride-hailing platform next year. Once the multiyear partnership between Uber and Cruise begins, an Uber rider requesting a qualifying ride will have the option of …

Uber, Lyft, DoorDash Prevail in California Gig-Worker Ruling

Uber Technologies Inc. and Lyft Inc. can keep classifying California drivers as independent contractors, after the state’s top court said a company-backed law passed by voters doesn’t wrongly curtail the legislature’s power over worker protections. The unanimous ruling upholding California’s …

Uber Picks Once-Rival Aurora to Launch Driverless Truck Offering in Texas

Nearly a decade after it began working on self-driving vehicles, Uber Technologies Inc. plans to haul freight fully autonomously for the first time later this year through an expansion of an earlier deal with Aurora Innovation Inc. The former rivals …

DoorDash Launches Benefits Program for Pennsylvania Delivery Drivers

DoorDash Inc. is paying its delivery couriers in Pennsylvania additional money for a limited time to cover some benefits that are normally reserved for full-time employees. DoorDash will make monthly contributions starting in July into an individual savings account managed …

Hong Kong Protests Escalate as Police Fire Weapon, Use Water Cannons

Tensions flared in Hong Kong on a weekend that began with the formation of a peaceful human chain across the city and culminated two days later with police firing a weapon and using water cannons for the first time. In …

Hong Kong Seeking Talent in Marine Insurance, Cyber Security, Actuarial Science, etc.

If you’re a waste treatment specialist, actuary or naval architect, Hong Kong wants you. The government this week unveiled a talent list to attract skilled workers in 11 professions that the city is seen as needing most. Experts in asset …