Lyft’s Defensive Driving Stalls Out

[ad_1] Having focused heavily on profits, ride-hailer Lyft is now getting beaten by rival Uber at its own game. [ad_2] Source link

Stocks making the biggest moves after hours: Lyft, Expedia, Yelp, PayPal and more

[ad_1] A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law…

Lyft shares tank 20% after company issues weak guidance

[ad_1] Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Lyft shares…

Stock Futures Point to Rebound

[ad_1] U.S. stock futures climbed, putting indexes on course to reverse some of Wednesday’s losses, with interest rates, inflation and corporate earnings all in focus. [ad_2] Source link

Why Lyft Is Headed for Its Own Recession

[ad_1] The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses. [ad_2] Source link

New York City will require Uber and Lyft to go 100 percent electric by 2030

[ad_1] In his State of the City speech Thursday, New York City Mayor Eric Adams announced that Uber and Lyft will be required to be zero emission by 2030. The…

Now Lyft will charge extra if you make drivers wait

[ad_1] Lyft is cracking down on late passengers. The ridesharing company quietly updated its support page with new wait time fees that it’ll charge at a per-minute rate, a policy…

WSJ News Exclusive | Amazon to Lay Off Over 17,000 Workers, More Than First Planned

[ad_1] The new figure would be the largest number of cuts revealed so far at a major tech company. [ad_2] Source link