As cabs struggle in Schenectady, is fare hike next?

SCHENECTADY – While Phil Gibbs with Electric City Taxi rattled off a variety of reasons the city should raise cab fares, he said it boils down to basic economics."If you're not taking in more money than you're spending out that you're paying people then you can't stay in business," he said Friday, noting the increases over the last few years in the minimum wage. "How can we afford to give our employees the pay raise to meet minimum wage if we're locked into a wage that we don't have any co