Lyft and Uber proposed tax rejected

Chicago’s mayor, Lori Lightfoot, has rejected a proposed tax on ride-hailing services by Uber and Lyft. She accused the ride-sharing services of trying to resist regulation by stirring up racial tensions. Last month, she proposed raising $40 million from a traffic congestion tax on certain ride-hailing trips. Uber and Lyft both hit back saying the move would mainly hurt low-income resident in the city’s majority black neighborhoods.

Ford has unveiled their newest addition to their vehicle lineup after much anticipation. The new Mustang Mach-E SUV is the first electric mustang in their collection. The company stresses that they are not replacing the old mustang, rather they are “adding to their stables.” On a full charge, the car can go up to 300 miles and the starting cost will be around $45,000.

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Chicago mayor rejects Uber’s, Lyft’s alternative tax

Chicago’s mayor rejected an alternative proposal by Uber Technologies Inc. and Lyft Inc. to tax ride-hailing services, accusing Uber of trying to resist any type of regulation by stirring up racial tensions.

Mayor Lori Lightfoot last month proposed raising $40 million from a traffic congestion tax on certain ride-hailing trips, a move Uber and Lyft said would largely hurt low-income residents in Chicago’s predominantly black neighborhoods. Read more

Summary: Chicago’s mayor has rejected a proposed tax by ride sharing companies to tax all ride-hailing services. This comes as more U.S. cities pursue taxes to combat what they describe as increasingly clogged streets due to ride-sharing vehicles.

Ford’s Latest Vehicle: Mustang Mach-E SUV

Ford has unveiled an addition to it’s “pony” car family, and this one comes with some twists.

The target for Ford’s newest Mustang is to go from zero-to-60 in the mid-3-second range, and what is different about this one is it is an electric vehicle.

It’s the Mustang Mach-E SUV.

“Two big changes for folks who are Mustang lovers, for sure, but the great thing is when we talked to owners of mustangs and brought them in to look at the new product, they all say the same thing, ‘thank goodness you are not replacing the Mustang that I know and love, you are adding to the Mustang stables.'” Learn more

Summary: Ford has unveiled its newest addition to their lineup of vehicles. The new Mustang Mach-E SUV is the company’s first electric mustang in their collection.

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