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The Latest Breaking News from Lyft

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

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Benzinga

Michael Hiltzik: The fast-food industry gears up to kill another pro-worker state law

Political PR and advertising firms in California are going to owe Gov. Gavin Newsom a huge favor. That's because by signing the so-called Fast Recovery Act on Sept. 5, he opened the door to what could be hundreds of millions of dollars in spending by fast-food companies to kill it.

Los Angeles Times

Nigerian ride-hailing app aims to put women at ease

Hauwa Shakir puts the finishing touches to an elegant lilac and grey dress, grabs her handbag and steps into a grey Toyota Corolla in front of her home in the outskirts of central Abuja.

Reuters

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Coinbase pushing pro crypto-lobbying crusade through its app

Brian Armstrong, Coinbase's CEO, announced an update to the brand's mobile app that will inform users on their state politicians' crypto stances.

Input

Friends and family of Lyft driver shot dead outside Amazon’s Seattle HQ call for answers

“We all want answers that we may never receive,” says fundraiser

The Independent UK

California governor opposes tax on rich in statewide TV ad

California Gov. Gavin Newsom wants voters to reject a new tax on rich people that would pay for more electric cars

The Independent UK

Lyft Slides On BofA's Bearish Take: The Good And Bad News From The Stock Chart

Besides earnings and fundamental news affecting the broad market, Wall Street analyst actions can have a positive or negative impact on an issue's price action.

Benzinga

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17 Lyft drivers, passengers sue company over allegations of physical and sexual assault

A mother of two, Stella Grant lost her job early in the pandemic. One of her friends suggested she start driving for Lyft, which she did — a decision she now calls “a mistake.”

Chicago Tribune

New lawsuits say Lyft failed to protect its users from physical and sexual assault

The San Francisco-based ridesharing company is facing 17 new lawsuits brought by users of its service from around the country, who claim the company failed to protect passengers and drivers.

WEKU

Benzinga Before The Bell: Top Amazon Seller Succumbs To Economic Meltdown, Twitter To Tackle Toxic Content, Spam Bots, Bed Bath & Beyond Secures Loan Deal As It Tries To Stay Afloat And Other Top Financial Stories Wednesday, August 24

CNBC Top Amazon Seller Succumbs To Economic Meltdown

Benzinga

Uber and Lyft drivers’ complaints are a startup opportunity

A number of upstart ride-hailing apps are taking on Uber and Lyft with the promise of treating drivers better.

Tribune News Service

George Skelton: California had a nearly $100 billion surplus this year. We don't need to raise taxes with Prop. 30

SACRAMENTO, Calif. — If Proposition 30 passes in November, we should hang a sign at the border reading: "Welcome to California, the state with the nation's most outrageously high income tax."

Los Angeles Times

Ride-hail, delivery app drivers need better safety on the job

I enjoy my job and want to stay on the road, but I am in a tough spot. Dozens of workers have been victims of carjackings and assaults. App companies aren’t doing enough to keep drivers safe.

Chicago Sun-Times

Watch Out Tesla And Waymo! Lyft Debuts Self-Driving Vehicle In Las Vegas

Ride-hailing service Lyft Inc. (NASDAQ: LYFT) has teamed up with Motional to bring self-driving taxis to cities around the nation, starting with Las Vegas.

Benzinga

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Chicago Tribune

Rideshare and delivery drivers demand better wages and working conditions, join national movement

David Crane keeps a yellow legal notepad in his car, pages upon pages filled out with his thoughts on the concerns of thousands of other rideshare drivers like him, with demands that boil down to better wages, safer working conditions and union rights.

Chicago Tribune

It’s been a rough summer for air travel. But for some, the trip to or from the airport is just as frustrating

CHICAGO — Standing outside Terminal 2 at O’Hare International Airport, a phone in each hand, Mervyn Wright weighed the options to get to his suburban hotel.

Benzinga

Investors Wanted Uber To Be Profitable - It's Close, And Lyft Is Along For The Ride

Back in May, ride-sharing giant Uber Technologies Inc. (NYSE: UBER) delivered its first-quarter 2022 earnings report.

Los Angeles Times

Homeless and hoarding in LA: The special struggles and anxieties of unhoused people

LOS ANGELES — In his dim motel room, flies and dust swirled through a slanted blade of sunlight. A shoulder-high heap of boxes, trash bags, electronics and clothes prevented him from opening the curtains.

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The Independent UK

Ride-sharing apps rise in Venezuela as public transit decays

Ride-sharing apps like Uber, DiDi and Lyft may have driven across much of the globe, but they haven’t yet rolled into Venezuela

The Independent UK

Man struck and killed on highway after Lyft driver kicked him and friends out of car

Driver kicks out six passengers after disagreement, leading to one of them being run over

Tribune News Service

Truckers are holding the Oakland port captive. Can Newsom end the standoff?

The Port of Oakland has been brought to a grinding halt this week as hundreds of protesting truckers hold a key commerce hub captive. The action — following a similar one at Southern California ports last week — has dealt another blow to supply chains already reeling from pandemic delays.

Tribune News Service

Google, Lyft are latest tech companies to hit brakes on hiring

With recession fears mounting — and inflation, the war in Ukraine and the lingering pandemic taking a toll — many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and even starting layoffs.

Chicago Sun-Times

Lightfoot proposes temporary fuel surcharge on taxi fares

The surcharge would start at $1 for fares up to $20, then go to $2 for fares up to $40 and to $3 for tabs over $40. The Business and Consumer Affairs would be empowered to terminate the surcharge whenever gasoline prices fall below $5 a gallon.

The Texas Tribune

U.S. House approves Rep. Lizzie Fletcher’s bill to protect the right to seek an abortion out of state

The bill would also shield the rights of any person or group helping someone get an abortion out of state.

StockNews.com

Both Uber and Lyft Have High Volume, but Which Stock Is a Better Bet?

Pent-up demand for ride-sharing services has helped Uber (UBER) and Lyft (LYFT) register solid revenue and booking figures in the last quarter. Both have high trading volumes. Let’s discuss which stock is a better buy now….

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