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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
TechUber Technologies

Here’s what happens when a politician fights Uber

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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August 6, 2015, 10:41 AM ET
NYC Mayor De Blasio Discusses Legionnaire's Disease Outbreak In The Bronx
NEW YORK, NY - AUGUST 04: New York City Mayor Bill de Blasio speaks at a press conference to address the Legionnaire's disease outbreak in the city at Lincoln Hospital on August 4, 2015 in the Bronx borough of New York City. The disease - which is not contagious - has been found in five building water cooling systems, which has infected at least 86 people and killed seven since July as of August 4. (Photo by Andrew Burton/Getty Images)Photograph by Andrew Burton — Getty Images
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New York City Mayor Bill de Blasio is slipping. On Wednesday, a Quinnipiac University poll recorded his disapproval rating at a record high of 44%, with approval also at 44%. Almost half of New York City voters said De Blasio didn’t deserve a second term.

In a May Quinnipiac University poll, 40% of voters said they didn’t approve of de Blasio’s job performance. 44% percent did.

The most recent poll was conducted between July 30 and August 4, following a tense July in which Uber Technologies and de Blasio fought bitterly–and publicly–over the future of the car service in New York City. The brouhaha started when City Council and de Blasio called for a year-long cap on vehicles operated by Uber. Uber responded by taking out television advertisements and added a “de Blasio” view on the app that depicted almost no available cars. The company’s New York general manager Josh Mohrer even tried to challenge de Blasio to a public debate.

A de Blasio aide told the Wall Street Journal that the Uber campaign against the mayor could take a large part of the credit for de Blasio’s slippage. It probably didn’t help de Blasio’s image when the city backed down from the proposed cap in exchange for Uber’s participation in a traffic study.

De Blasio still has two years until his next election.

 

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