Alto is trying to fill a more expensive niche, especially as politicians and labor groups argue that the contractor model exploits drivers.
Category: Uber Technologies Inc
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Italy’s Government Takes Aim at Taxi Shortages
The government took steps this week to increase the supply of cabs after months of shortages, but critics say the problems with the industry run deeper.
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Uber Posts 14% Rise in Revenue as Growth Slows
The company’s growth decelerated as the rebound from the pandemic normalized and its freight business declined. It also swung to a profit.
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Air Taxis, Hyped for Years, May Finally Arrive by 2028
Federal regulators released a plan that would allow a new generation of small aircraft to transport people short distances.
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DoorDash, Shifting Business Model, Will Offer Drivers Hourly Pay
The company said the option would give couriers greater choice. It could also help DoorDash find people who will make less desirable deliveries.
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Saudi Investors and MBS Head to Paris, Looking for Deals
A contingent from the kingdom, including its powerful crown prince, are in the French capital looking to spend big on investments.
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Has ‘Gig Work’ Become a Dirty Word?
If work for companies like Uber and Lyft once carried some appeal for offering flexibility, the kind of labor it has come to represent is now used by some as shorthand for a raw deal.
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Minnesota Governor Vetoes Gig Worker Pay Bill
Gov. Tim Walz said the legislation would have raised costs for ordering an Uber or Lyft too high, potentially pricing out Minnesota customers.
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Minnesota Passes Bill Seeking to Ensure Minimum Wage for Gig Workers
Lyft and Uber have opposed the legislation, with Uber threatening to leave the state if it is enacted.