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.....»»
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......»»
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......»»
For some Americans, ride-sharing more affordable than car ownership
Would you be better off selling your car and taking Uber or Lyft?.....»»
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......»»
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......»»
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 .....»»
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......»»
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......»»
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.....»»
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.....»»
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,.....»»
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......»»
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......»»
Uber, Lyft, DoorDash launch a $90-million fight against California labor law
Three Silicon Valley sharing-economy companies unveiled .....»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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........»»