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The Latest Breaking News from Lyft

15,000 Black Cabs, 105,000 Drivers: Could Self-Driving Cars Wipe Out London's Taxi Trade?

Wayve, Waymo and Baidu are trialling supervised robotaxis in London, as black cab drivers question their impact ahead of new driverless vehicle rules.

International Business Times UK

Lyft CEO David Risher is still a driver for the company: It made him realize being even one minute late could cost the customer their job

Being a driver has carried Risher through his entire career: His first job was delivering the Washington Post. He worked under Jeff Bezos at Amazon before his time at Lyft.

Fortune

Rideshare Drivers Want a Fair Hearing Before Losing Their Jobs

In Chicago, city data shows fewer than 4% of the more than 30,000 drivers removed from rideshare platforms were reinstated.

Capital & Main

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$400M Fund Manager Says Forget Tesla, Uber, and DoorDash: These 3 Cheaper Rival Stocks Might Be Better Bargains

ValueWorks founder Charles Lemonides names Lyft, Instacart, and Rivian as potentially undervalued alternatives to Uber, DoorDash, and Tesla, citing growth and valuation metrics.

International Business Times UK

This Analyst Just Downgraded LYFT Stock. Here's Why.

Lyft stock sinks on a bearish Guggenheim research note. Here’s why analyst Michael Morris turned dovish on LYFT shares today.

Barchart

Exiled Nicaraguan journalist Luis Galeano detained by ICE in Florida

Galeano, who has had asylum application pending for about seven years, was pulled over by agents while driving for Lyft

The Guardian - US

‘Rideshare rapist’ who started attacking women in 2013 is sentenced to 150 years in prison

Orlando Vilchez Lazo reportedly worked as a Lyft driver before his 2018 arrest and passed the company’s background check despite being an undocumented immigrant from Peru

The Independent UK

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He Had $180,000 in His 401(k), Then One Decision Left Him Driving Uber 75 Hours a Week at 58

Bill Lewis, a former Wall Street broker, now drives for Uber after losing his retirement savings in a failed franchise venture. His story underscores the importance of cautious financial planning.

International Business Times UK

Waymo Just Made A New Friend In Nashville, And It's Not Uber

With Uber partnership on shaky ground, Waymo teams up with Lyft in Tennessee.

InsideEVs

NYC Law Could Force Uber and Lyft to Keep Dangerous Drivers on the Road

A federal judge temporarily blocked it from taking effect. But the legal fight is ongoing.

Reason

Woman Needs A Rental Car While In Vegas. Then She Books A Vay: ‘It’s Supposed To Be Cheaper’

“This is supposed to be more affordable than taking an Uber or a Lyft."

Motor1

Dear Baidu Stock Fans, Mark Your Calendars for September 1

Baidu is set to become dual-primary listed on Sept. 1, giving investors a fresh reason to watch BIDU stock.

Barchart

Wu-Tang Clan Member Raekwon Is a Palantir ‘OG,’ Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket

Palantir's market capitalization has skyrocketed ever since the rapper started repping the company's merch. Why does hip hop have such an outstanding reputation for betting on Wall Street?

Barchart

Should Sell Your Second Car in Retirement?

Shedding an extra vehicle is easier than you think — and it could save you thousands.

Kiplinger

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We Got This Covered

App tells stranded New York woman her Lyft ride is just 1 mile away. Then she allegedly checked a nearby Dunkin Donuts: ‘Trying to go to work’

Allegedly, he was on his way. He just needed snacks.

The Guardian - US

He has a work permit, a coffee shop – and an ICE ankle monitor: ‘Is this America?’

Business owner Assim Alkhawaja was arrested by ICE as he dropped off Lyft passengers at a military base. Now he’s stuck in a terrifying fight to stay in the US

Barchart

Here Is How to Play Tesla Stock After Its Robotaxi Breakthrough

Tesla progresses with its robotaxi plans with a soft public rollout being the next phase.

MarketBeat

Tesla's Cybercab Launch Could Reshape Margins for Uber and Lyft

Tesla's planned August Cybercab launch in Austin could pressure ride-hailing economics, with analysts weighing exposure at Uber, Lyft and Tesla amid shifting margin and valuation risks.

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Benzinga

Gavin Newsom Touts Rideshare Drivers Union in California, Praises Push to Represent Uber, Lyft Drivers — Slams Trump for Attacking ‘Workers’ Rights’

Gov. Gavin Newsom (D-CA) has hailed the Service Employees International Union (SEIU) and California Gig Workers Union’s (CGWU) move to represent drivers working with ride-hailing companies Uber Technologies Inc. (NYSE:UBER) and Lyft Inc. (NASDAQ:LYFT).

Capital & Main

After Years-Long Battle, California Rideshare Drivers Win Certification. Can They Win a Contract?

If Uber and Lyft resort to the stalling tactics corporations commonly use to block higher pay and better working conditions, gig workers will still have a fight on their hands.

The Independent UK

Nevada man sues Lyft after driver allegedly drags him 300 feet by wedding ring

The freak mishap allegedly unfolded when David Morris knocked on a window and the driver ‘accelerated at a high rate of speed’

Benzinga

Stock Market Today: Nasdaq 100 Rises on Strong AI Earnings, Benign Inflation

A wall of blowout artificial intelligence infrastructure earnings pushed semiconductor and optical networking stocks sharply higher on Wednesday, dragging the Nasdaq 100 higher.

Tom’s Guide

Flock reportedly planned to co-opt Uber and Lyft vehicles to expand its surveillance network

Flock planned to partner with Nexar to turn dash cams in Uber and Lyft vehicles into mobile license plate readers, leaked documents show.

Barchart

30 Million Reasons to Buy LYFT Stock

Lyft delivered record rider and booking metrics in the second quarter. But Wall Street remains divided over whether autonomous vehicles will become its next growth opportunity or its biggest competitive threat.

Barchart

Dear Baidu Stock Fans, Mark Your Calendars for August 18

Chinese tech giant Baidu is set to report Q2 results on Aug. 18 as investors watch closely.

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