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Uber sues New York City over rules that capped ride-hailing driver licenses [CNBC]

Comcast Corporation - Class A (CMCSA)  More Company Research Source: CNBC
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Uber sues New York City over rules that capped ride-hailing driver licenses Bloomberg | Bloomberg | Getty Images A driver uses an Uber Technologies car service app on a mobile device while driving in Washington, D.C. Uber sued New York City on Friday over the City Council's vote last August New York's cap was designed to limit the number of vehicles on the road, reducing congestion and helping taxi drivers, who say their livelihoods were hurt by the influx of ride-haling drivers in the city. It also allowed the state of New York to set a minimum hourly rate for drivers, which Uber's rival Lyft sued to reverse earlier this year. "Rather than rely on alternatives supported by transportation experts and economists, the City chose to significantly restrict service, growth and competition by the for-hire vehicle industry, which will have a disproportionate impact on residents outside of Manhattan who have long been underserved by yellow taxis and mass transit," Uber's lawsuit says. In a st [Read more]
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Stockreport

Uber sues New York City over rules that capped ride-hailing driver licenses [CNBC]

Comcast Corporation - Class A  (CMCSA) 
More Company Research Source: CNBC
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Uber sues New York City over rules that capped ride-hailing driver licenses Bloomberg | Bloomberg | Getty Images A driver uses an Uber Technologies car service app on a mobile device while driving in Washington, D.C. Uber sued New York City on Friday over the City Council's vote last August New York's cap was designed to limit the number of vehicles on the road, reducing congestion and helping taxi drivers, who say their livelihoods were hurt by the influx of ride-haling drivers in the city. It also allowed the state of New York to set a minimum hourly rate for drivers, which Uber's rival Lyft sued to reverse earlier this year. "Rather than rely on alternatives supported by transportation experts and economists, the City chose to significantly restrict service, growth and competition by the for-hire vehicle industry, which will have a disproportionate impact on residents outside of Manhattan who have long been underserved by yellow taxis and mass transit," Uber's lawsuit says. In a st [Read more]
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EVENT TIME:
CMCSA
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Price Change %
Volume Shares
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Volume Ratio
%
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Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS