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Uber strikes partnership deal with iconic New York cabs

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Longtime enemy of the taxi industry, Uber has struck a deal with the iconic yellow taxi’s in New York

Uber users will experience a very different trip this spring, after the ride-hailing giant struck a deal with the iconic yellow NYC cabs.

A new agreement will allow the yellow taxi’s to feature within the Uber app, and users will be able to book the iconic cab directly from their mobile.

It’s welcomed news for the taxi sector and comes at a time when ride sharing technology continues to expand across the United States.

Under the new deal, roughly 14,000 taxis will be able to receive trip requests from Uber customers, and those taking the trip will pay for the fare directly within the app.

Customers will still be able to book private cars.

The feature is set to go into effect later this spring.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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