New York City Council news and trends

NYC Council Asks Grubhub To Pay Back Restaurants
Delivery // October 31, 2019

More than 30 members of the New York City Council sent a letter to Grubhub about phone calls that didn’t result in orders but did result in charges, according to a report by The New York Times. The letter was sent to Matt Maloney, Grubhub’s...

Uber And The Cap Conundrum
Ridesharing // August 08, 2018

New York City. If you can make it there, you’ll make it anywhere. Except making it there might be tough if you are a ride-hailing firm. News from the last several weeks, and recently from The New York Times, reports that city officials are inching toward a...

Five At Five: Even Financial Gets New Funding Round
News // August 07, 2018

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes Even Financial raising additional funding, Mattress Firm considering bankruptcy, the New York City Council planning to limit ridesharing licenses, Visa buying a stake in Israeli-startup...

NYC To Place One-Year Limit On Uber Licenses
Ridesharing // August 07, 2018

New York’s City Council is set to approve a one-year cap on new licenses for ridesharing vehicles. According to Bloomberg, the move is part of a package of regulations aimed to reduce traffic and stop a decrease in drivers’ pay. The regulations are set to...

Quick Reads
NYC Council Asks Grubhub To Pay Back Restaurants

October 31, 2019
More than 30 members of the New York City Council sent a letter to Grubhub about phone calls that didn’t result in orders but did result in charges, according to a report by The New York Times. The letter was sent to Matt Maloney, Grubhub’s chief executive, and asked him to hire a third party […]

NYC To Place One-Year Limit On Uber Licenses

August 07, 2018
New York’s City Council is set to approve a one-year cap on new licenses for ridesharing vehicles. According to Bloomberg, the move is part of a package of regulations aimed...

Rideshare Companies Offer $100M Relief Fund For NYC Taxi Drivers

August 02, 2018
Documents show that Lyft, Uber and Via have offered to help New York City’s taxi medallion owners through a $100 million relief fund paid over five years. The proposal, as...