Uber Valued Around $62B In New Offer To Buy Company StockThe ride-hailing giant said investors want to buy up to $600 million worth of the private company's stock. They're offering $40 per share.
Armed Robbers Posing As Ride-Sharing Service On North SideArmed robbers posing as a ride-sharing service have targeted North Side neighborhoods from Lincoln Park to River North in recent months.
Chicago Aldermen To Consider Compromise Plan To Regulate Ride-Sharing CompaniesBoth sides of Chicago’s rideshare debate hope a compromise will keep Uber and Lyft cars rolling here. CBS 2's Derrick Blakley reports.
Lyft Gets Green Light To Pick Up At Airports, McCormick PlaceJust in time for the busy holiday travel season, a ride-hailing company has been given the green light to pick up passengers at Chicago’s airports and McCormick Place, the city announced Sunday.
New Uber Ad Targets Long Taxi Lines At O'HareOn the eve of a City Council vote on opening Chicago’s airports to ride-sharing companies, Uber was looking to gain support with a new online ad campaign.
Aldermen Reach Compromise To Allow Ride-Sharing Drivers To Make Airport PickupsIn a compromise worked out today, drivers for ride-sharing services like Uber and Lyft will be allowed to serve Chicago's airports and the city might be able to hire a few more police officers, reports WBBM Political Editor Craig Dellimore.
Aldermen Call For Tightening Ride-Sharing Requirements Ahead Of Budget Vote Even as the Chicago City Council advanced Mayor Emanuel’s budget towards next week's final vote, several aldermen are trying to win agreement on a tightening of the requirements for ride-sharing services like Uber and Lyft, reports WBBM Political Editor Craig Dellimore.
Cabbies, Uber Drivers Square Off At City HallAfter a failed 24-hour strike last week, activists from the taxi industry took their fight to City Hall on Wednesday, protesting what they say is preferential treatment for rival ride-sharing companies.
Mixed Results At Start Of Taxi Driver StrikeAt least one association representing cab drivers across the city has pledged to go on strike on Thursday, to protest Mayor Rahm Emanuel’s plan to allow rival ride-sharing companies to begin doing business at O’Hare and Midway airports, but it appeared many other cabbies were ignoring the work stoppage.
Cabbies Plan One-Day Strike In Protest Against Ride-Share CompaniesChicago cab drivers said they plan to stage a one-day strike in Chicago on Thursday, to protest proposed city rules they believe would give ride-sharing services like Uber even more of an unfair advantage.
Cab Drivers Protest At O'Hare, Midway Over Proposal To Allow Ride-Sharing Airport PickupsFor a couple of hours today, it was difficult for passengers to get taxicabs out of O’Hare and Midway airports, reports WBBM Political Editor Craig Dellimore.
Cab Drivers Rally To Demand More Regulation Of Ride-Sharing ServicesCab drivers in Chicago and elsewhere staged a global protest Wednesday against Uber and other ride-sharing companies, demanding they be regulated like taxis.