London Taxi Drivers to Sue Uber For $1.5 Billion in Losses
The black cab drivers are exploring the possibility of bringing a class action lawsuit against the ride-hailing app, arguing that tens of thousands of them have seen their earnings dwindle with Uber's presence in the British capital. Last month, Uber [won back its license](https://cheddar.com/videos/uber-wins-back-license-to-operate-in-london) to operate in London, after the transportation authority initially cited the company's poor working conditions. Cheddar's Kristen Scholer and Tim Stenovec get into the latest.
Stocks were generally flat after the opening bell on Friday ahead of Federal Reserve Chair Jerome Powell's comments in a speech at Spelman College later. Investors are growing optimistic that the central bank is done raising rates and may start cutting next year.
The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram.
Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the U.S. ahead of next year's elections, Meta said Thursday.
