Uber drivers may be offered equity in the company if a company plan goes through.
While some of its first investors are looking to unload their stakes, Uber is hoping to give some ownership to its drivers. "Uber has met with the SEC about the possibility of giving drivers equity in the company, according to an Axios report, citing an anonymous source," Caroline Cakebread writes for Business Insider.
The transportation network company is in the midst of a campaign called "180 Days of Change," which is intended to improve its relationship with its drivers. Among other things, "Uber has begun to roll out a tipping option in certain cities, a wait time fee, and increased in injury protection," Cakebread reports.
Read the full story: Uber is exploring a way to repair its relationship with drivers: equity in the $69 billion company
California Judge Renders Gig Worker Law Unenforceable
A judge ruled against California's Proposition 22, which let ride-hailing and delivery businesses classify workers as independent contractors and discouraged unionization efforts.
Minnesota Lawmakers Reach Ride Share Compromise
A law awaiting the governor’s signature establishes wage rates for drivers. Ride share companies say if the law passes, they plan to continue service in the state.
The Price of an Uber Ride to Increase in Seattle Jan. 1—to the Benefit of Drivers
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
California city breaks ground on transit connector
The project includes three mobility hubs and a pedestrian bridge.
After public outcry, Massachusetts city releases housing development tracker
Cambridge’s tracker currently shows 250 housing projects in various stages of development.
40 years after approval, Chicago breaks ground on new park
The park honors Jean Baptiste Point du Sable, the city’s first permanent non-native settler.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority