New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb. 20). James accused the agency of running a scheme on taxi drivers that created a...
Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot of New York’s taxi-medallion loans, according to published reports Wednesday (Feb. 19). The National Credit Union Administration said Wednesday that it had sold most of its medallion loan portfolio to Marblegate. Neither...
The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out some of the best and most inventive traits in people. That is observable in the medical workers who have put their...
Indonesian delivery app Gojek has finalized its $30 million deal for a minority stake in the app-based taxicab startup Blue Bird, Bloomberg reported on Monday (Feb. 17). Gojek bought a 4.3 percent stake in Blue Bird from its holding company, PT Pusaka Citra Djokosoetono, said sources....
February 19, 2020
The emergence of a novel threat — particularly one like the COVID-19 coronavirus that originated in Wuhan, China — has a way of bringing out some of the best and most inventive traits in people. That is observable in the medical workers who have put their health and lives on the line, rescue workers who have streamlined […]
July 28, 2023
The European Union (EU) is looking into the tightening of regulations experienced by ride-hailing apps in Spain. The EU has opened a preliminary probe into whether the latest measures enacted by the Spanish government protecting the taxi industry from private hire services such as Uber, Bolt and Cabify, are a breach of EU law, the Financial Times (FT) reported Friday (July 28). Ride-hailing […]
February 21, 2020
New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb....
February 20, 2020
Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot of New York’s taxi-medallion loans, according to published reports Wednesday (Feb. 19). The National Credit Union Administration...
February 17, 2020
Indonesian delivery app Gojek has finalized its $30 million deal for a minority stake in the app-based taxicab startup Blue Bird, Bloomberg reported on Monday (Feb. 17). Gojek bought a 4.3...
