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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.....»»
Column: After denying their drivers employee status, Uber and Lyft call them "essential"
After spending mi.....»»
Citi boosts Uber target to $41, Lyft target to $50
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, Lyft, airlines add face mask rules, but enforcement is tricky
American Airlines has told pilots that gate agents may deny passengers from boarding if they aren't wearing a mask but it do.....»»
Cost Cuts, New Debt, More Competition Threaten Lyft Stock
Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line......»»
Shifting Gears: Uber and Lyft are getting hammered during the pandemic, but a turnaround may be on the horizon
Reuters Greetings all, and welcome to Shifting Gears, the weekly transportation newsletter from Business Insider. Uber and Lyft reported Q1 earnings this week, with mixed results on both fronts. Lyft managed to stave off some of the fallout .....»»
Coronavirus pandemic causes Via ride-share service to temporarily shut down in Chicago
Via, the smallest of the city’s three ride-share providers after Uber and Lyft, has temporarily suspended its Chicago operations due to the coronavirus pandemic. Ride-share services nationwide have seen sales drop fall due to the .....»»
Analysts Still All-In On Uber Despite Mixed Q1 Results, Coronavirus Environment
Like rival Lyft Inc (NA.....»»
4 Top Stock Trades for Friday: SQ, SAVE, LYFT, UBER
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Lyft,.....»»
Don’t Let Uber and Lyft Shortchange Their Workers
Drivers are clearly employees and deserve a living wage and protection......»»
Uber Slides As Company Continues To Burn Cash, "Eats" EBITDA Drops Despite Soaring Revenue
Uber Slides As Company Continues To Burn Cash, "Eats" EBITDA Drops Despite Soaring Revenue While Lyft impressed investors with its Q1 earnings beat, w.....»»
Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs
Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a slow recovery in demand and lower costs as rising unemployment creates greater supply of drivers......»»
Has the Unicorn Bubble Burst?
Investors are increasingly skeptical of the tech unicorn modelRelated Stocks: UBER, LYFT,.....»»
Can Uber Keep Pace With Lyft When It Reports?
Uber Technologies is set to report its most recent quarterly results after the markets close on Thursday. Will investors react the way they did with Lyft?.....»»
‘Sharing’ businesses — Uber, Lyft, Airbnb — suffer in era of social distancing
Companies whose business models bank on people’s willingness to share their personal space are struggling in a world where the coronavirus pandemi.....»»
The Technology 202: Coronavirus raises the stakes in new court fight for gig worker benefits
California is suing Uber and Lyft for misclassifying workers under a new state law......»»
Uber, Lyft to be sued by California over driver benefits
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.....»»