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Don"t let Uber and Lyft take you for a ride

This year’s most anticipated IPOs will hinge on whether investors believe the ride-hailing companies can stop burning money......»»

Category: topSource: moneycentralFeb 8th, 2019

What it"s like to be a gig worker for Uber, Lyft, or Doordash, in their own words, as coronavirus spreads (UBER, LYFT)

Madeline Stone / Business Insider Gig workers for food delivery and ride-hailing apps are bracing for the spread of coronavirus. Because their jobs require on-d.....»»

Category: topSource: businessinsiderMar 4th, 2020

Work in the gig economy? Here"s what you need to know about your taxes

Many people drive part-time for ride-share services like Uber and Lyft, perform freelance jobs, sell goods online and rent out r.....»»

Category: topSource: usatodayFeb 23rd, 2020

Ark Invest Says Autonomous Ride-Hailing Now Looks Even More Profitable Than Previously Estimated

As investors approach the one-year IPO anniversaries of ridehailing stocks Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT), there’s no question the investments have been disappointments up t.....»»

Category: blogSource: benzingaFeb 21st, 2020

Here’s a Slightly Safer Way to Bet on Lyft Stock   

InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you believe ride-hailing will continue to grow in popularity, but are worried about Lyft and Uber ev.....»»

Category: topSource: investorplaceFeb 19th, 2020

Analyst Sees "Gap In Profitability" Emerging Between Uber, Lyft

It was a bumpy ride for Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) investors in 2019, but the ride-haili.....»»

Category: blogSource: benzingaFeb 18th, 2020

Uber, Postmates Fail To Block California Gig Worker Law In Court

Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) are off to hot starts to 2020, but the ride-hailing l.....»»

Category: blogSource: benzingaFeb 11th, 2020

Can Lyft Catch a Ride on Uber’s Q4 Results?

Lyft is scheduled to release its most recent quarterly results after the markets close on Tuesday. Rival Uber posted stellar results last week......»»

Category: blogSource: 247wallstFeb 11th, 2020

Earnings Watch: Lyft earnings preview: With Uber setting a new path to profitability, could Lyft be far behind?

The ride-hailing service has consistently lost money, raising questions about its ability to turn a profit. Last year, Lyft Chief Executive Logan Green said it would be profitable by late 2021, if it excluded some costs......»»

Category: topSource: marketwatchFeb 10th, 2020

MTA turns to Uber, Lyft to fill in late-night transit gaps

The Metropolitan Transportation Authority may turn to ride-hail companies to help late-night workers get home in the outer boroughs. The MTA is seeking proposals from companies such as Lyft, Uber... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 7th, 2020

Uber and Lyft take different roads in search of profit

Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around......»»

Category: topSource: reutersFeb 7th, 2020

Truckers win again on AB 5, and Uber, Lyft, DoorDash, Postmates enjoy ride

A federal judge ruled in favor of the California Trucking Association on Thursday, granting a preliminary injunction against the implementation of gig worker law AB 5. AB 5, the recently enacted California law that seeks to turn a wide swath of contracto.....»»

Category: topSource: bizjournalsJan 16th, 2020

Attorney General questions legality of Phoenix airport fees for Uber, Lyft

Arizona Attorney General Mark Brnovich said Thursday he believes the city of Phoenix violated state law when it voted to increase fees for ride-hailing companies like Uber and Lyft operating at Sky Harbor International Airport. Brnovich’s office rel.....»»

Category: topSource: bizjournalsJan 16th, 2020

Analyst bullish on Uber, Lyft as sentiment around ride-sharing improves

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 16th, 2020

Uber And Lyft Fought The Law And Won In NYC

Ride-hailing companies Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) walked away victorious in a lawsuit against New York City. 0 read more.....»»

Category: blogSource: benzingaDec 24th, 2019

Uber, Lyft Stocks Struggle In Debut Year: What"s In Store For 2020?

Uber Technologies Inc (NYSE: UBER) shares are down about 28% since the ride-hailing service's IPO, and Lyft Inc (NASDAQ: LYFT) shares are down about 39%.  Latest Ratings for UB.....»»

Category: blogSource: benzingaDec 20th, 2019

Despite boycott threats, Phoenix approves airport fees on Uber and Lyft

For a second time, the Phoenix City Council approved a measure Wednesday to increase fees for ride-hailing companies like Uber (NYSE: UBER) and Lyft (Nasdaq: LYFT) when they pick up or drop off passengers at Phoenix Sky Harbor International Airport......»»

Category: topSource: bizjournalsDec 18th, 2019

Say goodbye to those blue-and-yellow airport vans: SuperShuttle is going out of business

The shared ride airport vans have faced stiff competition from Uber, Lyft and other companies offering rides to and from the air.....»»

Category: topSource: usatodayDec 12th, 2019

Uber Can"t Spend Its Way Out of Economic Reality

The ride-sharing company is priced as if it will have immense pricing power; the reality is that the industry is headed toward commodity pricingRelated Stocks: UBER, LYFT, AMZN, NFLX, GRUB,.....»»

Category: blogSource: gurufocusDec 1st, 2019

Uber drives up prices for shared rides, Chicago data reveals

How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley......»»

Category: topSource: reutersNov 26th, 2019

De Blasio slams Uber and Lyft"s "antiworker" response to city wage rules

Mayor Bill de Blasio claims Uber and Lyft are taking their drivers for a ride. The Democrat lashed out at the tech giants for their of freezing their subcontractor motorists out of the apps when... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 26th, 2019