The Latest Breaking News from Lyft

Shares of ride-sharing company Lyft (LYFT) plummeted more than 75% over the past year. An unexpected fourth-quarter loss and disappointing revenue guidance for the first quarter of 2023 contributed to the weakened investor sentiment. Given its massive losses, weak guidance, fierce competition among industry peers, and low profitability, is it…

Supporters fear Su, the deputy labor secretary, might have a hard time getting the needed Senate votes as some business groups oppose her nomination

Chancellor Olaf Scholz denounces ‘brutal act’ after suspected gunman found dead. Plus, the people who inherit hobbies from loved ones

Drivers call for regulation of rideshare companies they say collect up to 50% of fares and arbitrarily close workers’ accounts

By any metric, James Jordan was an exemplary Uber driver. Starting in 2016, he worked 10 hours a day, six days a week. Over the course of 5 1/2 years, he logged 27,000 trips and maintained a rating of 4.95.

For some reason — no one seems to know just why — the self-driving cars can't stay away from a random sleepy block in Santa Monica.

Why do Uber, Lyft, Didi, OLA and other ride-sharing companies want to partner with public transport agencies? For Uber and Lyft, the reason is simple: their business plans were based on eventually using driverless vehicles to eliminate their main cost, the labour cost of the driver. But human drivers won’t…

LOS ANGELES — Some University of California faculty members are raising the alarm about a research center affiliated with UC Riverside that they say uses corporate funding for reports "attacking proposals to improve the lives of working Californians."

NEW YORK — Uber and Lyft have more than doubled their the size of their cut of New York City customers’ fare money — far outpacing the pay raises seen by their drivers, a new study says.

Gary Levin’s car found across state lines in North Carolina

Nearly 50 businesses and nonprofits including rideshare companies Uber and Lyft and industrial giant 3M are pledging millions of dollars in initiatives to stem a crisis in road fatalities under a new federal effort