Uber strikes key deal with California regulators
Uber, the on-demand driving service, has temporarily resolved an issue it's been facing with California, the company announced yesterday.
The California Public Utilities Commission (CPUC), which regulates some driving services in the state, last year issued citations and fines against Internet-based Uber for allegedly operating a "charter-party carrier" service that failed to include insurance coverage and enrollment of its hired drivers in a substance abuse program. CPUC also argued that Uber failed to provide evidence of workers' compensation insurance.
Two other driving services, Lyft and SideCar, were also included in the citation, which fined all three companies $… Read more