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The Latest Breaking News from Lyft

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

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Uber, DoorDash Shares Higher As Biden Administration Finalizes Tighter Gig Work Rules

Uber stock and DoorDash were up on Tuesday despite the Biden administration finalizing gig work rules that previously prompted a sell-off.

Investors Business Daily

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

Is Uber Stock A Buy After Joining Dow Jones Transportation Average?

Uber stock surged in 2023 as the company turned profitable. But how will Uber follow up that performance this year?

Investors Business Daily

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Dow Jones Holds Up, But Sellers Hit Techs, Small Caps; Tesla Stock Weakens Ahead Of Delivery Data

The Dow Jones was under modest selling pressure in afternoon trading Friday, but tech stocks and small caps succumbed to profit-taking.

Investors Business Daily

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

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.

StockNews.com

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.

Chicago Sun-Times

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

The Independent UK

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.

Chicago Sun-Times

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The Street

Uber announces change that will impact drivers

The app has revealed new features that tackle 'unfair' allegations.

The Street

Missed your flight? Ride-share company commits to offering compensation

'Every minute counts when you're on the way to the airport,' Lyft's CEO tells travelers.

Investors Business Daily

Stock Market Rally Pauses As Yields Rebound; Datadog, Affirm Among Earnings Winners: Weekly Review

The stock market rally erased weekly gains as the major indexes ended long win streaks amid rebounding yields. Datadog led earnings winners.

Investors Business Daily

Stock Market Drops As 10-Year Yield Suddenly Jumps; More Trouble For Tesla Stock

A bigger headline could surface after 2 p.m. ET today, when Powell speaks on monetary policy at an International Monetary Fund conference.

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news in one place.

100’s of premium titles.
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Investors Business Daily

Dow Jones Rises After Jobless Claims; Nvidia Is Breaking Out Today With Powell Speech Next

The Dow Jones rose Thursday after initial jobless claims. Nvidia stock is breaking out today, while Fed chief Powell will speak later.

Investors Business Daily

Lyft Stock Falls As Uber Comparisons Cast Shadow Over Earnings Beat

Lyft stock was trading down Thursday despite an earnings report that topped expectations. Bookings growth trailed rival Uber.

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

Investors Business Daily

Uber Earnings Watch: International Sales, Lyft Competition, Ads Push

Uber stock has nearly doubled its value this year. Can third-quarter earnings keep the company in the fast lane?

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

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Tyler Pasciak LaRiviere

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