Advertisements



Uber needs drivers: Record demand for ride-sharing, food delivery as vaccinations rise

Uber said total monthly bookings, including food delivery and passenger service, reached an all-time high in March. Last week, Uber announced $250 million in sign-up .....»»

Category: topSource: chicagotribuneApr 13th, 2021

: Lawsuit seeks to throw out California measure that protects ‘gig economy’ business model

Ride-hailing drivers and the Service Employees International Union on Tuesday filed a lawsuit against California over Proposition 22, asking the state Supreme Court to invalidate it on grounds that it is unconstitutional......»»

Category: topSource: marketwatchJan 12th, 2021

Lyft lays off nearly 1,000; puts an additional 288 on furlough

Shares of Lyft Inc. jumped 4% Wednesday after the ride-hailing service announced deep cuts, including 982 layoffs a.....»»

Category: topSource: marketwatchApr 29th, 2020

Lyft to continue service at Sky Harbor despite new fees; Uber still undecided

Ride-hailing company Lyft said new fees at Phoenix Sky Harbor International Airport won’t stop it from offering service there, but Uber has yet to decide what it will do. The new fees are coming after the Arizona Supreme Court unanimously rule.....»»

Category: topSource: bizjournalsApr 21st, 2020

Daimler/BMW"s "FREE NOW" service to restructure, integrate French app Kapten

The 'FREE NOW' taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French app Kapten......»»

Category: topSource: reutersApr 16th, 2020

Delta resumes China operations with "cargo-only" flights

Delta Air Lines Inc. is once again operating flights between the United States and China — but with no passengers on board. Atlanta-based Delta on Monday began limited "cargo-only" service between Detroit and Shanghai. Without passengers on the flight.....»»

Category: topSource: bizjournalsMar 30th, 2020

Lyft drivers can join new delivery service, founders donate salaries

Lyft Inc on Friday told drivers they could sign up for work driving deliveries under a new service as ride-hailing demand plummets during the rapid spread of coronavirus in the United States......»»

Category: topSource: reutersMar 20th, 2020

Dunkin" to limit service to drive-thru, take-out and delivery

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 17th, 2020

Boeing CEO David Calhoun rips Dennis Muilenberg"s handling of 737 Max crisis

Boeing has struggled to return the 737 Max to service after software glitches contributed to two crashes in October 2018 and March 2019 that killed 346 passengers......»»

Category: topSource: foxnewsMar 5th, 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

Earnings Watch: Uber earnings preview: Another big loss is expected, but so is cost-cutting

Uber Technologies Inc. has lost a combined $7.4 billion the past three financial quarters since it went public in May 2019. Analysts polled by FactSet expect more of the same on Thursday, when the ride-hailing service announces its fourth-quarter results......»»

Category: topSource: marketwatchFeb 5th, 2020

The richest people in Singapore, ranked

Mai Shangmin/China News Service/Visual China Group via Getty Images The richest people in Singapore include real-estate magnates, private investors, the cofounder of Facebook, and hot pot billionaires, according to Forbes' Real-Time Billionaires list. .....»»

Category: topSource: businessinsiderJan 13th, 2020

Wisconsin prosecutor: UPS driver used job to stalk, sexually assault woman

A Wisconsin prosecutor says a driver for UPS used his job to stalk and sexually assault a woman. Gerald Moon is no longer employed by United Parcel Service Inc. (UPS: NYSE). He has been convicted of stalking and fourth-degree sexual assault, accor.....»»

Category: topSource: bizjournalsJan 8th, 2020

Egypt competition watchdog approves Uber acquisition of Careem with conditions

The Egyptian Competition Authority (ECA) said on Sunday it had approved ride-hailing group Uber's acquisition of former regional rival Careem after the regulator agreed to a set of commitments proposed by the U.S.-based service......»»

Category: topSource: reutersDec 29th, 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

Uber may offer courier services for retail business - CEO Khosrowshahi

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Wednesday the ride hailing company could extend its food delivery service to offer courier services for other retail businesses......»»

Category: topSource: reutersDec 4th, 2019

Gett pulls the plug on its New York ride-hailing service Juno

This story was delivered to.....»»

Category: topSource: businessinsiderNov 20th, 2019

Lyft to pull e-scooters out of Atlanta, other U.S. cities

A year after launching here, ride-hailing company Lyft is pulling its e-scooter service out of Atlanta. Lyft is shifting resources and will end scooter operations in Atlanta on Nov. 22, the company said in a statement. Lyft is also ceasing operations .....»»

Category: topSource: bizjournalsNov 16th, 2019

China"s biggest ridehailing company will bar female passengers from using its carpooling service after 8 p.m. after 2 women were murdered

Reuters/Jason Lee China's biggest ridehailing company, Didi, will bar female passengers from taking its carpooling service Hitch after 8 p.m. It's part of a trial relaunch for Hitch, which Didi suspended in August 2018 after .....»»

Category: topSource: businessinsiderNov 6th, 2019