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The Latest Breaking News from Lyft

Lyft shares go on wild ride after $620 million error in results

Lyft claimed its margins were set to grow by “500 basis points”, before admitting it meant 50

Evening Standard

Valentine’s Day: Uber, Other Ride-Sharing Drivers To Strike

This Valentine’s Day it may be hard to travel for your love as Uber, DoorDash and Lyft drivers plan to temporarily strike and stop service to and from select airports.

Kiplinger

From Cupid To Couriers: Valentine's Day Strikes Hit Ride-Hailing And Delivery Apps

Gig workers in the US, Canada and UK plan Valentine's Day strikes demanding fair pay and improved conditions amid declining earnings and rising living costs.

International Business Times

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Here’s Why The Toyota bZ4x Is An Unexpected Hit In New York City

The outlook isn’t entirely bleak for the Toyota bZ4x, a couple of factors seem to have worked in its favor, particularly here in New York City.

InsideEVs

Tech Service Stock Analysis: Buy, Hold, or Sell These 4 Picks?

The technology services industry is projected to surge significantly in 2024, facilitated by an increase in technological spending coupled with the introduction of cutting-edge technologies. To that end, let’s analyze the prospects of tech service stocks Lyft, Inc. (LYFT), Xerox Holdings Corporation (XRX), Thoughtworks Holding (TWKS), and Information Services Group…

StockNews.com

‘Seismic shift’: driving unaffordable for many in US amid push toward SUVs

Luxury vehicles, production cuts and soaring insurance prices have sent the cost of US car ownership out of control

The Guardian - US

How British American Tobacco lobbied Kenya to water down nicotine pouch warnings

Exclusive: tobacco giant said it would pull investment from a Nairobi factory if its request for smaller health labels was not met, leaked documents show

The Guardian - UK

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On-Demand Mobility 2024: Should Investors Buy, Hold, or Sell Uber (UBER) and Lyft (LYFT)?

The ride-sharing industry is anticipated to experience significant expansion in the coming years, driven by the widespread use of smartphones, the attractiveness of affordable and on-demand transportation, and the ongoing urbanization trends. Given this backdrop, we evaluate if ride-hailing giants Uber Technologies (UBER) and Lyft (LYFT) are smart additions to…

StockNews.com

How Uber, Lyft, Electrify America, EVgo, Tesla And Lack Of Knowledge Led To Chicago's EV Disaster

Chicago's much-publicized EV charging disaster is really more about lack of knowledge and an overwhelming amount of rideshare drivers than it is about Tesla or Superchargers.

InsideEVs

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

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

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StockNews.com

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.

Chicago Sun-Times

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.

The Independent UK

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

Chicago Sun-Times

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.

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The Guardian - US

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

StockNews.com

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….

The Guardian - US

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 Independent UK

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

Fortune

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

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.

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