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New York City puts a limit on Uber and Lyft car licenses

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Uber

(Reuters) – The New York City Council on Wednesday agreed to cap the number of licenses for ride-hailing services such as Uber for one year, dealing a blow to the companies that have relied on the largest U.S. metro area for a major source of their revenue. The first such cap by any major U.S. city was part of a package of measures aimed at r…Read More

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