Uber and Lyft stop accepting new drivers in NYC

Engadget ---------- Uber and Lyft have stopped hiring new drivers in New York City, due to a newly-passed law aimed to tamp down on an already oversaturated rideshare market. Politico reported that Uber stopped accepting new driver applications on April 1, with Lyft following suit on April 19th. The decision comes after the city put in place a new wage floor for rideshare drivers strongly opposed by both companies. To learn more click on the picture below to read the article.