New York City Deals a Blow to Uber and the SEC Investigates Tesla: 3 Things to Know Stay in the know in 60 seconds.

By Stephen J. Bronner

  • Uber and Lyft were dealt a major blow yesterday when New York City passed a bill capping the number of vehicles that can drive for ride-hailing apps. The bill also allows the city to set a minimum wage for drivers. City officials say the bill will help reduce traffic.
  • The SEC is investigating Tesla after Elon Musk tweeted he wanted to take the company private. The agency wants to make sure that investors are being properly informed of any major announcements.
  • The Oscars, in a bid to gain back more relevance, has announced a new category: Outstanding Achievement in Popular Film. Essentially, it'd be an Oscar for popcorn movies.

Yesterday's video: Elon Musk May Take Tesla Private. 3 Things to Know Today.

Stephen J. Bronner

Entrepreneur Staff

News Director

Stephen J. Bronner writes mostly about packaged foods. His weekly column is The Digest. He is very much on top of his email.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Innovation

4 Ways Market Leaders Use Innovation to Foster Business Growth

Forward-thinkers constantly strive to diversify and streamline their products and services, turning novelties into commodities desired by many.

Business News

A Company That Made $50M Selling Side Hustle Courses on AI Book Writing Is Under Federal Investigation

Publishing.com, which sells courses and tools for generating AI-written books, is under investigation for alleged aggressive sales tactics, according to a new report.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

Embracing Fear Fueled this Michelin-Rated Chef's Comeback

Josh Kopel, host of the 'FULL COMP' podcast, talks about making hospitality media, the benefits of scarcity and elevating the restaurant industry.

Social Media

What to Do If TikTok Is Banned — Protect Your Brand With This 5-Step Action Plan

Here are some actionable strategies to help creators and entrepreneurs safeguard their brands from the potential TikTok ban.