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Uber and Lyft might be taking over the streets — but the ride-sharing economy still has a long way to go

Uber and Lyft might be taking over the streets — but the ride-sharing economy still has a long way to go.....»»

Category: topSource: businessinsiderApr 18th, 2018

In the gig economy, men are most likely to turn to ride-sharing apps like Uber and Lyft after a job loss

Income volatility appears to be an increasing common problem for American families......»»

Category: topSource: marketwatchOct 31st, 2019

Lyft and Uber lure people with low fares, but how long will cheap ride-sharing last?

Ride-sharing may not be such a cheap alternative to car ownership when Uber and Lyft have to turn a profit as public companies......»»

Category: topSource: marketwatchApr 22nd, 2019

For some Americans, ride-sharing more affordable than car ownership

Would you be better off selling your car and taking Uber or Lyft?.....»»

Category: topSource: foxnewsJun 20th, 2018

New York just capped the number of Uber, Lyft vehicles in the city

New York just became the first city in the nation to cap the number of ride-sharing vehicles on its streets and require Uber, Lyft, and other companies to pay drivers a minimum rate......»»

Category: topSource: cnnAug 8th, 2018

Uber and Lyft’s long-awaited IPOs could crash into government-shutdown wall

The U.S. government shutdown, now in its 20th day, is disrupting the initial public offering process and may cause delays in some of the bigger deals expected in 2019, including those of ride-sharing services Uber and Lyft......»»

Category: topSource: marketwatchJan 11th, 2019

With ride-sharing curbed during the pandemic, Uber and Lyft try new routes to profitability

Uber and Lyft have racked up tens of billions of dollars in losses, but cost-cutting and shifting focus from moving people to delivering food has helped them weather the pandemic downturn. Each could finally make a profit .....»»

Category: topSource: chicagotribuneFeb 19th, 2021

How Cutting Costs Keeps Uber and Lyft Ahead of the Curve

Why are these ride-sharing rivals Uber and Lyft making a run in the midst of this coronavirus pandemic? At one of them, things look to be turning around......»»

Category: blogSource: 247wallstMar 19th, 2020

The Wall Street Journal: Uber, DoorDash and other gig-economy companies discuss fund for workers affected by coronavirus

The biggest ride-sharing and food-delivery companies in the U.S. are in talks to set up a fund to compensate drivers affected by the novel coronavirus, a step that highlights the pressure they face to provide workers with broader employment protections......»»

Category: topSource: marketwatchMar 8th, 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

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 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

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

Lyft, Uber, DoorDash to ask voters to exempt them from new Calif. labor law

Some of the country’s largest ride-sharing companies proposed a California law on Tuesday that would let them continue to treat drivers as independent contractors while also guaranteeing them a minimum wage and money for health insurance......»»

Category: topSource: moneycentralOct 30th, 2019

Uber, Lyft, DoorDash launch a $90-million fight against California labor law

Three Silicon Valley sharing-economy companies unveiled .....»»

Category: topSource: latimesOct 29th, 2019

The path to profitability for Uber and Lyft looks more like a dead end

The ride-sharing companies are subsidizing rides and overspending on technology, and soon their very business model may be upended in California......»»

Category: topSource: marketwatchSep 20th, 2019

Uber, Lyft stocks surge after WSJ report California governor wants to keep negotiating regardless of A.B. 5 outcome

Shares of ride-sharing companies Uber Technologies Inc. and Lyft Inc. rallied in morning.....»»

Category: topSource: marketwatchSep 11th, 2019

Uber, Lyft hit new lows as investors lose faith in ride sharing

Shares of Uber and Lyft fell to fresh lows on Tuesday, posting their lowest close ever, as the ride-hailing companies face growing skepticism from investors......»»

Category: topSource: moneycentralSep 3rd, 2019

Uber and Lyft drivers lose their rooftop billboards

For-hire vehicle drivers are giving their rooftop billboards one last ride this week. The money-making signs, which have been the subject of a long-running legal battle, have been ordered off of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 29th, 2019

Lyft"s Quarter Shows Ride-Sharing Market Strength, May Be Good Sign For Uber

Lyft Inc.'s (NASDAQ: LYFT) strong quarter and acceleration toward profitability shows the overall ride-sharing market is rolling along nicely in the United States, which may bode well for Uber Technologies Inc (NYSE: UBER), sell-side ana.....»»

Category: earningsSource: benzingaAug 8th, 2019

What to Expect When Uber and Lyft Report Later This Week

The two biggest ride-sharing firms are reporting their most recent financial results this week. Although neither of these firms has made much headway since their respective IPOs earlier this year but........»»

Category: blogSource: 247wallstAug 6th, 2019