In new setback, Uber to lose license to work in London
(WorldNews Business)

LONDON - Uber will lose its license to operate in London because it may be endangering public safety and security, the local regulator said Friday, in a severe blow to a company already facing big questions over its corporate culture. The company, which has been beset by a litany of scandals over its management style - from accusations of sexism to the illegal use of software to trick regulators - was told it was not `fit and proper` to keep operating in London, where it has 3.5 million passengers and 40,000 drivers. The regulator, Transport for London, said it `considers that Uber´s approach and conduct demonstrate a lack of corporate responsibility in relation to a number of issues which...