Global | Change

Yellow Cab in Uber's hometown to file for bankruptcy

In a letter obtained by the paper, president of the independent company Pamela Martinez writes to shareholders that "We are in a midst of serious financial setbacks", Namely, those setbacks are lawsuits, Uber, and Lyft. Some of these financial setbacks "are due to business challenges beyond our control and others are of our own making", she wrote. January 07, 2016