London Taxi Drivers to Sue Uber For $1.5 Billion in Losses

The black cab drivers are exploring the possibility of bringing a class action lawsuit against the ride-hailing app, arguing that tens of thousands of them have seen their earnings dwindle with Uber's presence in the British capital. Last month, Uber [won back its license](https://cheddar.com/videos/uber-wins-back-license-to-operate-in-london) to operate in London, after the transportation authority initially cited the company's poor working conditions. Cheddar's Kristen Scholer and Tim Stenovec get into the latest.

More In Business

Big Business This Week: Will pressure on Fed chair Powell backfire?

The last 12 months have seen an extraordinary change in the way the U.S. economy works. Some analysts say that hasn’t been working out very well.

Oil Under U.S. Control? Breaking Down the Maduro Capture and Market Impacts

The U.S. is asserting control over Venezuelan oil after capturing President Maduro. Energy reporter Ben Geman of Axios breaks down what it means for markets and

From Stigma to Strategy: The Next Chapter for U.S. Cannabis Investing

Renewed investor interest and possible federal reforms may mark a turning point for U.S. cannabis. AdvisorShares’ Dan Ahrens explains what’s next.

Is Silver the Next Gold? Expert Predicts Historic Rally Ahead

Silver is back in the spotlight as supply constraints, surging industrial demand, and macro trends push prices high, possibly heading toward $100/ounce.

Is the U.S. Job Market Losing Steam? Inside the “Stall Speed” Economy

With paid job posts down 13%, LinkedIn’s Kory Kantenga explains what the latest labor data signals for workers and employers.

How Insomnia Cookies Turned Late-Night Cravings into a Global Business

What started in a college dorm is now a cookie empire. Insomnia Cookies CEO Seth Berkowitz talks scale, strategy, and staying sweet.

'Returnuary' Exposed: The Tech Company Saving Millions of Returned Products

Billions of pounds of returns go to waste each year. REBEL CEO, Emily Hosie, on the company working to turn that waste into resale opportunity.

Rebuilding Wall Street on the Blockchain: Inside NANT Global Finance

NANT Global Finance CEO Mark Elenowitz shares how blockchain is transforming capital markets with integrated brokerage, exchange, and transfer services.

Big Business This Week: The $180 Billion gamble on Venezuela’s oil

Experts are finding it hard to see how the plan to exploit Venezuela’s oil makes business sense.

Meet the Company Powering America’s Autonomous Deliveries

Ali Kashani, CEO of Serve Robotics, explains how 2,000 AI-powered robots are transforming last-mile delivery across major U.S. cities.

Load More