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The Latest Breaking News from Lyft

Superpedestrian pulls out of Chicago scooter-rental market

The company blamed stiff competition with competitor Lyft, which operates the city’s Divvy short-term bike rental service.

Chicago Sun-Times

Uber Is Now On The Fast Track After Delivering Its First Profits

Uber stock has surged 85.6% on the year entering trading on Thursday as it has reached profitability. The company is IBD's Stock of The Day.

Investors Business Daily

Online gig work is growing rapidly, but workers lack job protections, a World Bank report says

A World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce

The Independent UK

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Kickstarter's new finance chief is a 'people-centric CFO'

“I think the modern CFO really gets connected to how the work gets done," says Sindy Wilson.

Fortune

The daily routine of Lyft's new CEO

David Risher, the CEO of Lyft, shares a day in his life.

Fortune

Latest search for missing mother Ana Walshe fails as new DNA evidence expected

Ana Walshe’s body has not been found, but prosecutors are trying to prove that her husband, Brian Walshe, murdered and dismembered the mother-of-three

The Independent UK

Driverless cars racing toward us

Waymo autonomous taxis are working the streets of San Francisco and Phoenix, now, soon to add LA and, eventually, Chicago.

Chicago Sun-Times

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Lyft’s CEO is taking a page from high schools to create a return-to-office plan

Lyft employees may experience “first day of school” deja vu when they return to the office this fall.

Fortune

Last year, Lyft was ‘fully flexible.’ Now, its new CEO demands an office return

“It’s going to be super fun, I hope,” David Risher tells Fortune of Lyft’s new hybrid work plan.

Fortune

Minneapolis mayor vetoes measure for minimum wage to Uber and Lyft drivers

Minneapolis' mayor has vetoed a minimum wage for Uber, Lyft and other ride-hailing drivers in the city

The Independent UK

Lyft’s CEO and Jeff Bezos protege is so bullish on the ‘underdog’ company, he just invested $1 million in the company

Lyft CEO David Risher bought $1.1 million worth of company stock because the “great team” has him convinced of a bright future.

Fortune

Does Lyft's CEO Know Something Analysts Don't?

Lyft shares are down sharply from their 2023 highs - but with company execs buying, is the ride-sharing stock a top contrarian investment at current prices?

Barchart

New law could force Uber, Lyft to abandon Minneapolis

The companies are threatening to halt their operations in the city.

The Street

Lyft and Uber threaten to leave Minneapolis unless mayor vetoes bill giving drivers a minimum wage

It’s not the first time they’ve made this threat.

Fortune

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Reason

Americans Aren't Buying 'Bidenomics'

Plus: Idaho can't enforce ban on transgender girls playing on female sports teams, Minneapolis may mandate minimum wage for ride-share drivers, and more...

The Independent UK

Minneapolis advances measure for minimum wage to Uber and Lyft drivers

Minneapolis City Council members have narrowly passed a measure that would establish a minimum wage for Uber and Lyft drivers

Investors Business Daily

Ride Share Lyft Stock Sees Relative Strength Rating Rides Higher

A Relative Strength Rating upgrade for Lyft shows improving technical performance.

The Street

Lyft has a plan riders will love (but investors are hating)

Lyft is one of the market's biggest early losers Wednesday despite strong earnings.

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news in one place.

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Investors Business Daily

Dow Jones Rises With 9 Big Earnings Movers; Roblox Crashes 21% On Earnings

The Dow Jones rose Wednesday morning, with nine big earnings movers. Roblox crashed 21% on weak earnings results.

The Street

Stocks Higher, 10-year Auction, Lyft, Penn-ESPN, Disney Earnings

Stock futures higher with banks, inflation data in focus; 10-year Treasury auction on deck as bond markets rally; Lyft share tumble as Uber price war adds to growth concerns; Penn Entertainment surges on $2 billion sports betting deal with ESPN and Disney reports after the bell with eyes on streaming,…

The Guardian - US

‘Wow’: Uber chief startled by US reporter’s expensive three-mile ride

Dara Khosrowshahi expresses surprise at Wired journalist’s $51.69 journey to company’s annual product event in New York

Fortune

Uber's CEO doesn't know how much a three-mile ride in one of his own cabs costs

"On my God. Wow," was Khosrowshahi's response.

The Street

Uber CEO Explains Why He Doesn't See Lyft as a Threat

Uber's CEO shares his thoughts about his competitors as the company posts a second-quarter profit.

Barchart

Can Uber Maintain its Upside Momentum?

Uber Technologies (UBER ) rallied to a 2-year high today and has nearly doubled in price since the beginning of the year. Uber has outperformed rival Lyft (LYFT ) and the S&P 500 ($SPX ) (SPY ) this year, raising the bar for its Q2 earnings results on Tuesday. According...

Cinemablend

The Umbrella Academy Writer Says She Worked On Hit Show, Then Had To Drive Lyft Because The Money Didn’t Last

One writer from Netflix's The Umbrella Academy admits to working on a hit show and then driving for Lyft six months later because the money ran out.

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