Friday, January 20, 2017

"Uber Technologies Inc. agreed Thursday to pay $20 million to resolve Federal Trade Commission allegations that it misled drivers about potential earnings and vehicle financing"

WSJ:

The consumer protection agency . . . said Uber claimed on its website that median annual driver income topped $90,000 in New York, for example, and was more than $74,000 in San Francisco.

Less than 10% of drivers in those areas made that much, the commission alleged.