Marketplace Morning Report for Tuesday September 2, 2014
First up, a German court has imposed a temporary ban on the car-sharing service Uber. The company, which has been valued at $17 billion dollars, has been expanding; setting up shop in cities around the world. As that's happened, Uber's faced criticism, especially from taxi drivers. That's led to strikes in some markets, and legal action in others. Plus, just a few months after he lost his primary in Virginia's seventh congressional district, Eric Cantor, the former House Majority Leader has a new job. Cantor will become Vice Chairman and Managing Director at Moelis and Company, an investment bank. And all this week, Marketplace Tech is looking at how technology is changing how we read. Marketplace Tech host Ben Johnson joins us to talk about it.
First up, a German court has imposed a temporary ban on the car-sharing service Uber. The company, which has been valued at $17 billion dollars, has been expanding; setting up shop in cities around the world. As that’s happened, Uber’s faced criticism, especially from taxi drivers. That’s led to strikes in some markets, and legal action in others. Plus, just a few months after he lost his primary in Virginia’s seventh congressional district, Eric Cantor, the former House Majority Leader has a new job. Cantor will become Vice Chairman and Managing Director at Moelis and Company, an investment bank. And all this week, Marketplace Tech is looking at how technology is changing how we read. Marketplace Tech host Ben Johnson joins us to talk about it.
