Lyft’s New Boss Quickly Loses His Signing Bonus

[ad_1] Markets Heard on the Street Relief over founders’ exit gives way to worries about new CEO and Lyft’s dwindling share [ad_2] Source link

WSJ News Exclusive | Uber Eats to Take Down Thousands of Virtual Brands to Declutter the App

[ad_1] WSJ News Exclusive Tech Company plans to stop allowing restaurants to list multiple brands with the same menu [ad_2] Source link

Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition

[ad_1] David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price. [ad_2] Source link

Signature Bank’s Quirky Mix of Customers Fueled Its Rise and Hastened Its Fall

[ad_1] The New York bank juiced its growth by combining a traditional commercial real-estate business with divisions catering to customers too small or complicated for its crosstown Wall Street rivals:…

Uber, Lyft Score Victory as California Court Affirms Right to Treat Drivers as Contractors

[ad_1] Tech Ruling preserves gig-economy business model but also paves way for collective bargaining [ad_2] Source link

Uber Might Need to Stow Its Freight Train

[ad_1] Markets Heard on the Street As most tech companies ramp down other risks, Uber has been quietly ramping up freight [ad_2] Source link

DoorDash Delivers Some Second Helpings

[ad_1] After the company’s solid fourth-quarter results, investors are betting its platform advantages can continue to pay off. [ad_2] Source link

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

Uber Shares Jump After Ride-Hailing Company Reports Revenue, Profit Growth

[ad_1] Business Earnings Results beat Wall Street estimates as people spent more on rides last quarter [ad_2] Source link

Stocks Poised for Losses, Treasury Yields Rise

[ad_1] Futures pointed to further losses for U.S. stocks, after strong jobs data last week raised the prospect of more rate increases by the Federal Reserve. [ad_2] Source link