Although a number of cities have tried to shut down Uber and Lyft altogether, or attempted to force the companies to operate exactly the same as taxicabs, this marks the first time a major city has passed legislation that will regulate ride-hailing apps as their own industry.
Why it matters: This makes NY the first major American city to set a cap on ride-hailing vehicles or to set pay rules for gig drivers. "It would also allow the Commission address incomes for app-based drivers, 85 percent of whom now make below minimum wage".
The New York City Council approved a package of bills Wednesday that includes implementing a one-year freeze on new for-hire vehicle licenses as the city explores ways of reducing traffic congestion. "We are thankful to the New York City officials who listened to the stories of drivers who are struggling to support their families and stood by us in this fight", the guild's executive director, Ryan Price, said in a statement. Critics of the cap worry ride-hail vehicles will become tougher to find and more expensive, while NYC taxi drivers, who often lament that ride-hail services threaten their earning potential, consider the vote a major win.
"Our city is directly confronting a crisis that is driving working New Yorkers into poverty and our streets into gridlock", New York Mayor Bill de Blasio said in a statement. "We will never stop working to ensure New Yorkers have access to reliable and affordable transportation in every borough".
Israeli army strikes Gaza in response to rockets hitting city of Sderot
In a written statement, the Ezzeddin Qassam Brigades, the military wing of Hamas, claimed responsibility for the attacks. The area where the rockets fell have been closed off by the police as bomb disposal units were called to the scene.
That report recommended a guaranteed income of $17.22 an hour for drivers - the city's $15 minimum wage is due to come into effect at the end of 2018 - plus a supplement to mitigate against rest time. The increased competition has slashed the value of yellow cab taxi licenses from more than $1 million in 2014 to less than $200,000 today.
Yellow taxi drivers have been pushing for this legislation because they say the rapid growth of ride-hailing services is destroying their industry.
But that growth has brought New York's iconic yellow cabs to their knees and since December, six yellow-cab drivers have committed suicide.
"The unchecked growth of app-based for-hire vehicle companies has demanded action", he added, "and now we have it".
Palestinian teen dies of wounds sustained during anti-Israel protests in Gaza
Senior PLO official Ahmed Majdalani said any agreement with Israel should not be limited to "Hamas". Hamas leaders have been meeting for several days in Gaza to discuss the Egyptian-brokered agreement.
"Workers and NY leaders made history today".
"And you know that yellow don't pick up black".
Opponents of the legislation said Uber and Lyft provide much-needed service to areas outside of Manhattan that aren't served by traditional taxis.
'They're talking about putting a cap on Uber, do you know how hard it is for black people to get a yellow cab in New York City?' Rev. Al Sharpton wrote on Twitter. Which, as Councilman Eric Ulrich (R-Queens) put it, "is like putting a cap on Netflix subscriptions because Blockbusters are closing".
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Tiger Woods believes that the golf course is going to be tough to play on due to the increased heat and the damp greens. All those things, he's been through. "The WGC win gave me calm and conviction", he said.