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The Latest Breaking News from Lyft

Uber, Lyft Drivers File Antitrust Case Against Ride Hailing Companies

A group of Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers slapped an antitrust lawsuit on the companies for unfairly controlling passenger fares. The drivers claimed that lower consumer fares would provide them with "the most competitive compensation." The suit adds that companies hurt driver earnings by charging higher fares to the customers. The lawsuit…

Benzinga

Michael Hiltzik: Uber, Lyft's attempt to gut labor law for their own benefit hits a roadblock in Massachusetts

Following their successful effort to gull California voters into endorsing their method of exploiting their drivers and field workers, Uber, Lyft and other gig companies expanded their campaign to gut labor protections into other states.

Los Angeles Times

Massachusetts Supreme Court disqualifies app-based drivers initiative from November ballot

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot.

Ballotpedia

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Analyst Ratings for Lyft

Analysts have provided the following ratings for Lyft (NASDAQ:LYFT) within the last quarter:

Benzinga

2 charged with robbing, carjacking Uber and Lyft drivers during Twin Cities spree

MINNEAPOLIS — Two men lured numerous Uber and Lyft drivers to pick them up and then robbed them in a violent spree that lasted more than five weeks across the Twin Cities, according to federal charges.

Tribune News Service

Broadcom, Palo Alto, Lyft And This Stock Will Be Featured On 'Mad Money' Tonight

Jim Cramer is set to conduct interviews with executives from a handful of popular companies Tuesday night on CNBC's "Mad Money."

Benzinga

Alphabet Owned Waymo Collaborates With Uber Freight - Read Why

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) self-driving trucking unit Waymo Via, and Uber Technologies, Inc's (NYSE:UBER) Freight business collaborated for the efficient deployment of autonomous trucks. The financial terms of the transaction remain undisclosed. Now Waymo customers can use Uber Freight to plan their automated and human-driven trucking fleets more efficiently. Also Read: Lyft Pauses Hiring, Budgets To…

Benzinga

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Therapy on the go: Mildly depressed or simply stressed, people are tapping apps for mental health care

It might be surprising to think about browsing for therapists and ordering up mental health care the way you can peruse a menu on Grubhub or summon a car on Lyft.

The Conversation

Stocks to Avoid: 3 Popular Companies That Recently Initiated Cost-Cutting Measures

Technology stocks have suffered a massive sell-off this year on investor concerns about the Federal Reserve's aggressive interest rate increases to fight record-high inflation, ongoing geopolitical crises, and a potential economic slowdown. Several hard-hit tech companies have initiated cost-cutting measures of late. Thus, it could be wise to now avoid…

StockNews.com

Lyft Pauses Hiring, Budgets To Beat Slowdown Following Uber's Footsteps

Lyft, Inc (NASDAQ:LYFT) looks to slow hiring, reducing some of its departments' budgets and granting new stock options to some employees to make up for its share price fall, the Wall Street Journal reports. Lyft joined rival Uber Technologies, Inc (NYSE:UBER) in outlining cuts as investor optimism cooled on tech stocks. Lyft looked to prioritize fewer…

Benzinga

Benzinga's Brief On Trending Tickers: Lyft, Toll Brothers, Dick's Sporting Goods And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

What 15 Analyst Ratings Have To Say About Lyft

Over the past 3 months, 15 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Benzinga

Irish tourist warning: Common holiday taxi scam that ‘hikes up’ the price of travel

The travel money specialists FairFx has warned Irish tourists of common holiday scams and how to avoid them

Irish Mirror

Peering Into Lyft's Recent Short Interest

Lyft's (NASDAQ:LYFT) short percent of float has risen 7.94% since its last report. The company recently reported that it has 26.44 million shares sold short, which is 8.97% of all regular shares that are available for trading.

Benzinga

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The Independent UK

Texas Republicans look to bar companies that support women getting out-of-state abortions

Major companies, like Amazon, Tesla and Apple, who have pledged to support employees have hubs throughout the state

Mic

Texas wants to punish companies that help employees access abortion

If 'Roe' falls, a group of Republican lawmakers have bills ready to take their health care hostility even further.

Salon

Texas GOP targets pro-abortion companies

14 GOP lawmakers warned Lyft that they’d seek to ban companies that pay for abortions from doing business in Texas

Los Angeles Times

Michael Hiltzik: Why don't regulators stop Elon Musk from breaking the law?

In his takeover adventure with Twitter, it seems more likely than not that Elon Musk has broken the law.

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Chicago Tribune

‘We need to take care of ourselves’: Ride-share, delivery drivers learn about wellness, self-care as stress of the job increases

CHICAGO -- On a Friday afternoon in the summer of 2019, Chicago resident and ride-share driver Teddi Burgess picked up a couple of passengers from Portillo’s in River North.

Tribune News Service

Ford-backed Argo AI launches driverless car testing

Argo AI, a robotaxi startup that has the backing of Ford Motor Co. and Volkswagen AG, said Tuesday it's launching driverless test rides in Miami and Austin, Texas.

Benzinga

Looking At Lyft's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish 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.

The Independent UK

Lyft driver celebrated for refusal to take passengers over racist comment

Driver also filed police complaint after passengers threatened to assault him

Tribune News Service

‘Wow, you’re a white guy.’ Lyft driver boots couple over racist remarks, PA video shows

A Lyft driver in Pennsylvania said he refused to drive a “racist” bar-owner and her boyfriend — and now a video showing the interaction has amassed millions of views.

Benzinga

One Year Since Uber's IPO: A Look At The Stock's Bumpy Ride

Most investors who owned stocks in the past year have lost money. the SPDR S&P 500 SPY (NYSE: SPY) total return in that time is roughly -4.8%. But there’s no question some big-name stocks have done much better than others in that stretch.

StockNews.com

Is Lyft a Buy at $20?

The shares of leading transportation network company Lyft (LYFT) have been foundering of late as the company increases its spending on driver incentives. However, with rising demand for ridesharing services as people resume working from their companies’ offices, will the stock rebound soon? Read more to learn how we see…

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