NYC taxi

New York City’s taxi regulatory agency on Monday approved new rules governing how Uber and other app-based car services operate within the five boroughs.

Surge (or dynamic) pricing is the practice of raising fares when demand is high and supply is low, and lowering fares when the reverse happens.

Since last May, people have had the choice of hailing a cab by extending their hand or through their smartphones, and the traditional street hail overwhelmingly remains the preferred method.

Come Dec. 4, you can share an Uber ride with a stranger heading in the same direction.

NEW YORK—The Taxi and Limousine Commission (TLC) wants to amend rules so it has clear accountability of which bases are dispatching drivers, but Uber, Lyft, and drivers are strongly protesting the changes.

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