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New York City Mayor Bill De Blasio has decided that for now, the city won’t cap the number of private drivers working for the Uber ride service in NYC. The eleventh-hour deal backs off, for now, placing a cap on the number of cars the ride-hailing company can have on the...

De Blasio called Uber a large corporation “looking out for its bottom line” without considering the consequences of its growth on the city’s congestion and pollution levels. Uber, meanwhile, has said it will voluntarily restrain its rapid growth in New York...