By Alexander Gladstone The competitive damage that ride-hailing apps such asUberandLyfthave inflicted on the legacy taxicab business now threatens to toppleMedallion Financial, a complex entity heavily exposed to taxi medallion financing, four sources following the company told Debtwire. Medallion Financial, controlled by the Murstein family of New York, traces its roots to […]

from Forbes – Tech http://ift.tt/2i6StNF
via IFTTT