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Several passing motorists honked in sympathy with the cab drivers, but most were not impressed with the protest.

Pat Greenhouse/Globe Staff

Several passing motorists honked in sympathy with the cab drivers, but most were not impressed with the protest.

Cambridge taxi drivers strike to protest Uber, Lyft

Dozens of drivers said ride-hailing services openly flout existing regulations and undercut taxi owners.By Dan Adams and Jack Newsham

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Latest Business headlines

Ten things you may have missed Tuesday from the world of business

Technology

Apple slump deepens on iPhone, China concerns

Apple is slumping as the usually high-flying tech stock struggles with the burden of raised expectations.

Wednesday’s business agenda

Pitch perfect, Excel basics, and more notable events and things to know.

Obama hosts startups, including 2 from Hub

Two Boston-based startups, Bounce Imaging and Emerald, attended the first-ever White House Demo Day today.

Union seeks to redistribute insurance payments to smaller hospitals

The Service Employees International Union is pushing a ballot initiative that would divert millions of dollars from Partners HealthCare to lower-paid competitors

Educational survey startup gets $12m boost

The Boston-based startup is working with thousands of schools nationwide to help collect more data about school performance. Instead of standardized tests, the focus is on custom surveys that gauge satisfaction and effectiveness.

Salisbury’s Andover Healthcare tapes the NFL, MLB

The sports tape worn by most of the players in the National Football League and Major League Baseball comes from a little-known company in Salisbury.

US stocks move lower as earnings disappoint; Allstate slumps

US stocks fell for a third straight day Tuesday as investors assessed some disappointing earnings reports.