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San Francisco's Yellow Cab Files For Bankruptcy (cnn.com)

Posted by samzenpus on from the end-of-the-line dept.

Applehu Akbar writes: Yellow Cab Cooperative, the largest taxi company in San Francisco, has filed Chapter 11. While competition from those newfangled ride-sharing services is a natural target for blame, a more proximate cause is Yellow Cab losing an $8 million accident liability suit by a passenger who is now paralyzed. Apparently the Yellow Cab drivers are...registered as independent contractors. So much for the medallion cab argument that they offer superior liability coverage.

2 of 113 comments (clear)

  1. Huh? by Anonymous Coward · · Score: 1, Funny

    San Fran's cowardly compressed installer files are taking a stand for bankruptcy? ???

  2. Re:Please don't post a fucking link by LynnwoodRooster · · Score: 3, Funny

    Read the story?

    Read the story?

    READ THE STORY?

    THIS IS /. !

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!