Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

U.S. Justice Dept sues Uber for overcharging disabled people

Published

on

The U.S. Justice Department is taking ride-hailing app Uber to court, suing them over claims it has been overcharging disabled people

The Department claims Uber’s “wait time” fees are discriminating against disabled passengers who need more than two minutes to get into a car.

The DoJ says the ride service needs to comply with the Americans with Disabilities Act known as ADA.

Uber has however responded, stating that wait time fees were not intended to apply to disabled riders and that it had been refunding the fees to those charged.

Kristen Clarke, assistance attorney general for the DoJ’s civil rights division said the lawsuit aimed to send a “powerful message that Uber cannot penalise passengers with disabilities simply because they need more time to get into a car”.

Clarke added that Uber and other ride hailing companies such as Lyft and Taxi services “must ensure equal access for all people, including those with disabilities,”

DoJ says Uber and other ride hailing companies such as Lyft and Taxi services must abide by the ADA. / Image: File

Uber disagrees that it violated the ADA

An Uber spokesperson stated that the company had been in talks with the Department fo Justice prior to the “surprising and disappointing” lawsuit.

The spokesperson stated that fees were “never intended for riders who are ready at their designated pickup location but need more time to get into the car”,

In the statement, Uber revealed it does have a policy of refunding wait time fees for disabled riders whenever they alerted the firm that they had been charged.

“After a recent change last week, now any rider who certifies they are disabled will have fees automatically waived,”

The spokesperson confirmed.

Uber began charging passengers for driver waiting times back in 2016.

Continue Reading

Money

France receives lowest credit rating due to crisis

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

Published

on

France’s credit rating downgraded to record low amid political and fiscal crisis, raising concerns over debt and stability

video
play-sharp-fill
In Short:
– Fitch Ratings downgraded France’s credit rating to A+, citing political instability and fiscal challenges.
– New Prime Minister Lecornu must secure budget approval amidst rising deficit and potential no-confidence vote.
Fitch Ratings has downgraded France’s credit rating from AA- to A+, the lowest ever recorded, amid ongoing political and fiscal challenges.
The decision comes shortly after Prime Minister François Bayrou was removed in a vote of no confidence regarding his €44 billion austerity plan.
President Emmanuel Macron has appointed Sébastien Lecornu as the new prime minister, marking the fifth leadership change in under two years.Banner

Fitch highlighted political instability as a key factor undermining fiscal reforms, with France’s debt now at €3.3 trillion, or 113.9% of GDP.

The budget deficit increased to 5.8% of GDP and is expected to rise, posing challenges ahead.

Political Instability

The new prime minister faces a divided parliament and must secure budget approval by October 7.

The far-left plans a no-confidence vote against Lecornu, complicating further cooperation on legislative reforms, with S&P Global hinting at a potential downgrade.


Download the Ticker app

Continue Reading

Money

Trump moves to fast-track removal of Fed governor Lisa Cook

Published

on

The White House is set to fast-track a ruling on firing Federal Reserve Governor Lisa Cook, just days before the crucial FOMC meeting.

The move comes as markets reel from surging inflation, weak jobless data, and global currency shifts, raising questions about the Fed’s independence and the stability of policy decisions.

Continue Reading

Money

ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

Published

on

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


Download the Ticker app

Continue Reading

Trending Now