Business briefing: Local commuters want UberX here
A new survey of St. Louis residents reveals that most would like to see UberX, a ride share app, enter the local market.
Uber was launched five years ago and connects riders and drivers in many major metropolitan areas across the country, except for a few, like St. Louis. UberX is the company’s low-cost option for driver-partners who use their private cars to give rides in their spare time. Each ride is covered with a $1 million dollar commercial liability policy, and every driver is screened. Find out more here.
***
Citizens in California oppose a planned high-speed rail line, because they believe the potential noise and 220 mile-per-hour speeds will disrupt their communities. Learn more here.
***
Exxon Mobil will not be allowed to temporarily use tanker trucks to transport crude oil from offshore wells through Santa Barbara County after a recent pipeline break in that region led to the state’s largest coastal oil spill in years. Read more here.
***
Wall Street fell 2.51 points Tuesday to 17,764.04, while the Nasdaq composite lost 7.76 points to 5,013.87. For more information, read here.
-Will Buss, BND business writer
This story was originally published June 10, 2015 at 9:14 AM with the headline "Business briefing: Local commuters want UberX here."