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“#NYC taxi medallion dynasty faces shareholder revolt over SEC fraud claims” A big shareholder in a New York City taxi medallion lender are trying to oust the father-son duo at the helm of the company days after the Securities and Exchange Commission accused the firm of secretly paying for favorable news stories. Medallion Financial, a…
“#Uber exploring dispatching yellow cabs” After all but killing New York City’s taxi business, Uber is now exploring the possibility of dispatching yellow cabs, according to documents reviewed by The Post. An Uber executive has lobbied Taxi & Limousine Commission chief Aloysee Heredia Jarmoszuk on the idea’s “potential,” according to a September city lobbying disclosure….
“#AG Letitia James won’t sue NYC over taxi medallion debt” New York Attorney General Letitia James has abandoned her threat to sue New York City into providing financial relief to taxi drivers burdened by debt from medallions purchased at inflated costs at city-sponsored auctions, her office said Thursday. James had threatened to sue last February…
“#NYC taxi industry bailout plan could hurt market for medallions” A new plan to bail out New York City’s debt-ridden taxi drivers is getting support from top city and state officials — but critics say the numbers don’t add up, and claim that it threatens to wreck the market that finances yellow cabs for good….
“#NYC taxis halt Brooklyn Bridge traffic to fight debt” If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com New York City cabbies stalled traffic on the Brooklyn Bridge Thursday afternoon to demand debt relief from medallion lenders and the city. “There is a serious humanitarian crisis that is developing in this industry….