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The Latest Breaking News from Lyft

California voters weigh new tax on rich to boost EV adoption

California voters are weighing whether to boost taxes on the rich to put more electric cars on the roads

The Independent UK

It’s Election Day. Here’s what you need to vote in Texas.

Polls are open from 7 a.m. to 7 p.m. on Election Day. Here’s what’s on the ballot, what you’ll need to vote, how to get help and how to find election results.

The Texas Tribune

How To Trade Lyft Into Q3 Earnings: Has Stock Bottomed Or More Pain Ahead?

Lyft, Inc (NASDAQ: LYFT) is set to print its third-quarter earnings after the markets close on Monday. The stock has been heavily beaten down since reaching an all-time high of $68.28 on March 18, 2021.

Benzinga

From analysis to the latest developments in health,
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California gambling measures failing, millionaire tax for electric vehicles close, new poll finds

SACRAMENTO, Calif. — A California ballot measure to raise taxes on multimillionaires to subsidize zero-emission vehicle programs, which has pitted Gov. Gavin Newsom against his own political party and the ride-sharing company Lyft, is narrowly favored by voters but remains in jeopardy.

Los Angeles Times

Musk Reportedly Suspends Twitter Work On Crypto Wallet, Boeing's Jeppesen Hit By Potential Ransomware Attack, Lyft Cuts Workforce: Top Stories Friday, Nov. 04

Reuters

Benzinga

George Skelton: Yes to abortion rights and arts education: How I'm voting on California ballot propositions

SACRAMENTO, Calif. — Here is a final unvarnished, admittedly biased summary of the seven propositions on the state ballot.

Los Angeles Times

Intel's Self-Driving Tech Firm Raises Over $800M In IPO, Alphabet Misses Q3 Earnings Expectations, Lyft Cuts Price For Monthly Subscription Plan: Top Stories Wednesday, Oct. 26

Benzinga

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Where the environment is on the ballot

This November, voters in just two states will decide on environmental issues. But there's a lot at stake

Salon

Want a ride in an autonomous car? Try Lyft or Uber

Lyft and Uber are proving instrumental in rolling out driverless technology

Axios

Tax the rich for more EVs? California Democrats split

A California ballot measure that would tax the rich to pay for electric vehicle programs has divided Democrats

The Independent UK

A California measure would tax the rich to fund electric vehicles. Why is the governor against it?

Proposition 30 would raise up to $5bn annually to help buy zero-emission cars, trucks and buses; Newsom calls it a ‘Trojan horse’

The Guardian - US

Need A Lyft For Your Portfolio? This Analyst Says Rideshare Stock Could Double As It Chases Down Uber

Analysts have highlighted a buying opportunity in shares of Lyft Inc (NASDAQ: LYFT) driven by multiple catalysts paired with overly negative sentiment, creating a favorable risk-reward setup.

Benzinga

What Are Whales Doing With Lyft

Someone with a lot of money to spend has taken a bullish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

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Benzinga

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Los Angeles Times

Proposition 30 has Calif. voters deciding on a tax for zero-emission vehicles. What you need to know

LOS ANGELES — On its face, Proposition 30 is simple enough: Raise taxes on the richest Californians. Pull in $30 billion to $90 billion over the next 20 years. Use 80% of the money to subsidize electric vehicles and charging stations, and 20% for wildfire suppression and prevention.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 7, 2022

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Benzinga

General Motors 'Marching Towards An Electric Future': Former Tesla Executive Joins Company

The battle between electric vehicle leader Tesla Inc (NASDAQ: TSLA) and other traditional gas-powered traditional automakers is expected to heat up in coming years. Now, a former Tesla executive has jumped on board with a future rival.

Tribune News Service

Q&A: Environmental justice leader says Proposition 30 would help struggling areas clear the air

RIALTO, Calif. — Ana Gonzalez grew up watching the Inland Empire transform from citrus groves and grapevines into warehouses and retail distribution centers. The booming region east of Los Angeles now comprises 4.65 million people — and 1 billion square feet of warehouse space.

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The Conversation

Blaming poor labour conditions in Ghana's transport sector on ride-hailing companies misses the deeper issues

Ride-hailing services like Uber and Lyft have become ubiquitous in many parts of the world over the past decade. Criticism of their business model has also become commonplace: ride-hailing companies are frequently accused of destroying traditional taxi businesses, undermining wages, and creating the digital equivalent of sweatshops.

Los Angeles Times

Dueling sports betting measures appear headed to defeat despite record spending, poll finds

SACRAMENTO, Calif. — Online sports gambling companies, California tribes and card rooms have spent more than $410 million on a pair of dueling ballot measures to legalize sports betting in person and online.

Los Angeles Times

Can most Californians even afford to retire?

Steven Johnson spent 19 years as a minimum wage laborer for a Los Angeles moving company, lifting heavy furniture and suffering three hernias along the way.

Los Angeles Times

George Skelton: Newsom breaks from fellow Democrats and aligns with the enemy on Lyft-backed Prop. 30

SACRAMENTO, Calif. — This is very rare: a California governor on the opposite side of his state party on a major public policy issue.

Benzinga

Will Lyft Stock Lag After Hiring Freeze? Why Analysts Say Uber Could Capture Market

Lyft Inc.'s (NASDAQ: LYFT) U.S. hiring freeze has analysts anticipating what the impact could be on the e-hailing industry.

Benzinga

Is iPhone Demand Really Slowing Down?, Lyft Freezes Hiring, Biogen's New Drug Slows Alzheimer's Progression: Top Financial Media Stories Wednesday, Sept. 28

Bloomberg

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 26, 2022

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