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The Latest Breaking News from Lyft

New US Labor Rule May Help Gig Workers Qualify As Employees

A rule issued Tuesday by the US Labor Department making it tougher for companies to classify workers as "independent contractors" could take a toll on the gig economy -- and is likely to face challenges.

International Business Times

Divvy prices going up nearly 10%

Divvy has increased its fares over the last three years. Yearly memberships are increasing from $130.90 to $143.90. Day passes are increasing from $16.50 to $18.10.

Chicago Sun-Times

Stocks Close Lower on Year-End Liquidation

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.43%. On Friday, stocks posted modest losses on year-end...

Barchart

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Family seeks justice for ride-hailing driver shot, killed in Austin

Adriana Arocha-Duque, 34, who sought asylum in the U.S. from Venezuela in 2017, was found shot to death in her SUV Tuesday evening in Austin. No one is in custody.

Chicago Sun-Times

Someone in Chicago is reminded at Christmas of a meaningful Lyft ride

A simple hello can help people — whether you know them or not — through stressful, dark and frustrating times.

Chicago Sun-Times

Will Uber (UBER) and Lyft (LYFT) Drive Impressive Gains in 2024?

The technology services industry is witnessing rapid growth amid solid advancements providing investment opportunities. However, are Uber Technologies (UBER) and Lyft (LYFT) the right picks for gains in 2024? Read on to know.

StockNews.com

Drivers for ride-hailing apps demand city ordinance improving safety, pay

If passed, the Chicago Rideshare Living Wage and Safety Ordinance would raise drivers’ wages, improve their safety and create a transparent system to handle driver deactivations.

Chicago Sun-Times

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DC combating car thefts and carjackings with dashcams and AirTags

Government and police in the nation's capital are handing out tracking devices and dashboard cameras to local drivers to help stem rising crime rates

The Independent UK

Family demands justice after food delivery driver killed, brother wounded in Humboldt Park shooting. ‘They didn’t deserve this.’

Tramon Thomas and his brother, Terrance, were working ‘to make ends meet,’ their family said. A $2,000 reward is being offered for information leading to an arrest.

Chicago Sun-Times

Home, studio, a way to sell abandoned items: the many uses of self-storage

Priced out of their homes or unable to rent office space, some people in the US live or work in storage units. A few renters explain what they do with their spaces

The Guardian - US

Uber Technologies (UBER) Earnings Insights - Is the Tech Stock a Buying Opportunity?

Amid heightened competition, a hefty settlement, and fuel cost worries, should investors consider buying Uber Technologies (UBER)? Let’s look at its financial metrics to know more….

StockNews.com

Uber and Lyft to pay out $328m to New York ride-share drivers

Drivers celebrate ‘historic victory’ as companies agree to settlement after being accused of withholding wages and benefits

The Guardian - US

Uber and Lyft to pay $328M in New York wage theft settlement

Ride-hailing companies Uber and Lyft will pay a combined $328 million to settle wage theft claims in New York

The Independent UK

We ranked the best cash back cards available in [dynamic]current-year[/dynamic]

These cash back credit cards can put hundreds of dollars back in your pocket.

Fortune

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Fortune

a16z-backed smlXL emerges from stealth after a $13.4 million raise to help make blockchains more accessible

The company was founded by former Lyft executive Dor Levi.

Fortune

Lyft's CEO has apologized for its 'awful' response after a driver accidentally stole a customer's cat

David Risher, a former Amazon exec now CEO of Lyft, has apologized to customer Palash Pandey and his cat, Tux.

The Independent UK

Cat owner reunited with pet Tux after emotional Lyft ride saga

Owner shared a series of updates after his Lyft driver drove off with his pet cat still in the car

The Guardian - US

He survived Afghanistan under the Taliban. In Washington, he was shot dead

Nasrat Ahmadyar worked with US forces in his home country. He was killed while driving for Lyft in July

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The Conversation

Safety on the line: Drivers who juggle multiple jobs are more likely to take risks on the road

The driving profession is unsafe. Taxi drivers and ride-hail drivers, who drive for apps like Uber and Lyft, face many safety risks on the road, from accidents and injuries to harassment and violence.

The Independent UK

Florida to seek death penalty against man accused of murdering Lyft driver

Prosecutors say they will seek the death penalty against a Florida man accused of murdering a Lyft driver whose car he allegedly stole in an attempt to escape another killing

Fortune

Instacart IPO: The winners and losers

The much-anticipated listing will rake in enormous returns for some—and losses for others.

WEKU

In an effort to make rides safer, Lyft launches Women+ Connect

The new opt-in feature lets women and nonbinary drivers prioritize passengers who fit the same description. But it's not a guarantee and is only available in a handful of cities for now.

The Independent UK

Man already charged in killing has also been indicted in a Lyft driver's slaying

A Florida man is facing a possible death sentence after being charged with the January slaying of a Lyft driver

StockNews.com

Uber Technologies (UBER) vs. Zoom Video Communications (ZM) vs. Lyft (LYFT): Which Stock Is the Better Tech Buy?

Amid rapidly increasing digital transformation across industries and the adoption of new cutting-edge technologies, the technology sector is expected to experience robust growth and expansion. So, let’s determine if Uber Technologies (UBER), Zoom Video Communications (ZM), and Lyft (LYFT) could be ideal tech stock picks. Keep reading….

Chicago Sun-Times

Superpedestrian pulls out of Chicago scooter-rental market

The company blamed stiff competition with competitor Lyft, which operates the city’s Divvy short-term bike rental service.

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