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Court rules Uber and Lyft must face worker-misclassification lawsuit from Massachusetts" attorney general
Maura Healey is the latest state attorney general to accuse Uber and Lyft of illegally misclassifying drivers as contractors. Gene.....»»
Uber and Lyft are now sharing data on drivers that have been banned for sexual or physical assault. Other delivery companies will join the program, they said.
Uber and Lyft said they would use the Industry Sharing Safety Program to pool data about drivers banned over serious safety incidents. Uber CEO Dara Khosro.....»»
Uber, Lyft to share information about drivers with serious safety incidents
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 and Lyft to share data on driver deactivations, more than a year after pledging to do so
The agreement comes after Uber in 2019 disclosed 6,000 reports of sexual assault on its app in the two years prior......»»
Lyft says it too has banned a rider who was captured on video coughing on an Uber driver
Subhakar Khadka captured footage of three women yelling profaniti.....»»
Lyft will also ban a rider who was captured on video coughing on an Uber driver
Subhakar Khadka captured footage of thre.....»»
Thinking About Buying Stock In Uber, Lyft, GE Or Carnival?
One of the most common questions traders have about stoc.....»»
A high-end car service backed by Daimler is launching in 8 US cities as it attempts to compete with Uber and Lyft
Blacklane aims to launch its new "chauffeur-hailing" service in more than 20 cities around the globe by the end of March. Blacklane aims to launch the chauffeur-hai.....»»
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 .....»»
A year into the pandemic, Uber and Lyft drivers say gig companies are still failing them. They blame Prop 22.
As contractors, drivers say they can't get companies to provide PPE or pay for the time it takes to clean their cars. A new law.....»»
Uber and Lyft are "proxies for the reopening" as investors look to rideshare to predict the pandemic recovery
Analysts say Uber and Lyft offer early indicators of how the economy will bounce back from the pandemic, but that a lot remains to.....»»
Uber Misses Revenue, Burns Another $454MM Despite Continued Growth In Delivery
Uber Misses Revenue, Burns Another $454MM Despite Continued Growth In Delivery Uber had its work cut out for it reporting earnings one day after Lyft's blowout earnings report,.....»»
Fly Intel: What to watch in Uber, Lyft earnings reports
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.....»»
Lyft beats Q4 2020 earnings expectations, reports $569.9 million in revenue amid pandemic struggles
Lyft's business has been hit harder by the pandemic than rival Uber, which has offset losses with its food-delivery business. Lyft went public in March 2019 at a price of $72 per share. Mario Tama/Getty Images Lyft on Tuesday reported $569.9 mi.....»»
Capitol Report: Uber and Lyft set records in annual spending on Washington lobbying
Uber and Lyft spent record amounts on Washington lobbying in 2020, a year in which the ride-hailing companies had the attention of the U.S. Labor Department......»»
Calls rise for Covid-19 vaccines for gig workers
Instacart wants its grocery delivery workers to get a Covid-19 vaccine, and its willing to pay a $25 stipend for them to do it. Instacart’s offer, unveiled late last week, is just the latest move gig worker companies like Uber, Lyft, DoorDash.....»»
Gov. Baker carves up $16.5B transportation bill with vetoes
Fees on ride-hailing services such as Uber and Lyft will not increase in Massachusetts after Gov. Charlie Baker vetoed a new proposed fee structure while signing a $16.5 billion transportation bond bill......»»
Uber, Lyft face legal challenges to their Prop 22 gig worker law
Gig worker drivers and the SEIU have a lawsuit with the California Supreme Court challenging Prop. 22, alleging it violates provisions in the state constitution......»»
Alto enters Los Angeles ride-hailing market amid Prop 22, AB 5
CEO Will Coleman on how Alto is different from Uber and Lyft, why the company chose Los Angeles as its next market, and what challenges it faces here......»»
Cathie Wood: Uber And Lyft Missed The Boat
Ark Invest's Cathie Wood isn't betting on Uber Technologies Inc (NYSE: UBER) and LYFT Inc (NASDAQ: LYFT) over Tesla Inc (NASDAQ: read more.....»»