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The Latest Breaking News from Lyft

Is This EV Penny Stock a Buy as Tesla Supercharger Execs Join the Team?

Despite the broader EV market downturn, EVgo’s strategic hires from Tesla and GM are positioning it for significant upside. Moreover, consensus forecasts call for 28% upside.

Barchart

Mystery after Lyft driver who agreed to drive passenger 400 miles goes missing

Lyft says driver had no scheduled rides on the day he was supposedly driving passenger out of state.

The Independent UK

Uber and Lyft drivers remain independent contractors in California Supreme Court ruling

The California Supreme Court ruled Thursday that app-based ride-hailing and delivery services like Uber and Lyft can continue treating their drivers as independent contractors rather than employees

The Independent UK

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“I Immediately Knew”: Lyft Driver Details Chilling Encounter With Possible Vampires

"I felt a chill, and yes, it was winter, but it was a different kind of chill." The post “I Immediately Knew”: Lyft Driver Details Chilling Encounter With Possible Vampires first appeared on Bored Panda.

Bored Panda

Massachusetts ballot question would give Uber and Lyft drivers right to form a union

Drivers for ride-hailing companies in Massachusetts are pushing ahead with what they describe as a first-of-its-kind ballot question that could win them union rights if approved by voters

The Independent UK

Rideshare Drivers Demand End to ‘Firing by App’

“Due process” for deactivations would include clear rules, guidelines and appeals before loss of income.

Capital & Main

Uber and Lyft agree to minimum pay and benefits for Massachusetts drivers

Ride-share companies sign off on $175m settlement that will give workers paid sick leave and other protections

The Guardian - US

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Uber and Lyft agree to pay drivers $32.50 per hour in Massachusetts settlement

Massachusetts Attorney General Andrea Campbell says drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement

The Independent UK

American Airlines Card Launches $1,000 Limited-Time Offer

Get Admirals Club lounge access and 100,000 bonus miles with the Citi/AAdvantage Executive World Elite Mastercard.

Kiplinger

How Is Uber's Stock Performance Compared to Other Technology Stocks?

Uber has recently underperformed other technology stocks. However, Wall Street analysts are optimistic about the stock’s prospects.

Barchart

Lyft Stock Gets a Lift on Long-Term Financial Targets

Lyft stock is trading higher Friday after the ride-sharing firm provided 2027 financial targets at its first-ever Investor Day. Here's what you need to know.

Kiplinger

Stocks Recover as a Solid Jobs Report Boosts Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.21%. Stock indexes today recovered from early losses and pushed higher, with the S&P 500...

Barchart

NYC comptroller: Food delivery apps are blaming minimum pay for inflation. It's baloney

Uber Eats, DoorDash, and Grubhub together average about 2.6 million deliveries a week in New York, both before and after the rate increase.

Fortune

Comparing 2024 Growth in Uber (UBER) vs. Lyft (LYFT)

The tech industry is witnessing steady growth amid the growing popularity of cloud-based software and the escalating popularity of ride-hailing services. In such a scenario, let’s evaluate the growth potentials of two key players in this space: Uber Technologies (UBER) and Lyft (LYFT). Read on….

StockNews.com

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Fortune

Lyft CEO reveals the rideshare’s best tippers are Swifties still buzzing from the Eras Tour: ‘They’re in a pretty good mood and they’re more generous’

David Risher told Fortune passengers are more likely to tip when they’re happier, like after listening to a Taylor Swift song or enjoying an ice cream cone.

International Business Times UK

Canadian Rideshare App HOVR Wants To Give Drivers 100% Of Their Fares - Here's How It Works

Canadian rideshare HOVR focuses on driver fairness with a membership model, keeping 100% of fares, aiming for lower rider costs and a more equitable system.

Fortune

What’s it like to take over the CEO job from a company founder? Lyft’s David Risher can answer that

How Lyft CEO David Risher learned how quickly his team responds to challenges.

International Business Times UK

Is Driving Uber, Lyft and DoorDash Worth It: Many Earn Lower Than Minimum In 5 Major US Metros

Gig drivers across America are not being paid their local minimum wage as their status as a contractor does not entitle them to employer benefits.

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The Independent UK

Minnesota Equal Rights Amendment fails in acrimonious end to legislative session

Minnesota lawmakers have failed to pass a state Equal Rights Amendment that would have enshrined protections for abortion and LGBTQ+ rights in the state Constitution

The Independent UK

Uber and Lyft say they'll stay in Minnesota after Legislature passes driver pay compromise

Uber and Lyft say they’ll keep operating in Minnesota after the state Legislature passed a compromise driver pay package

The Independent UK

Atlanta cop and Marine accused of shooting Lyft driver dead, months after being arrested in drug case

Police officer Koby Minor faces a murder charge following the death of Lyft driver Reginald Folks, months after a Christmas day drug charge

International Business Times UK

Is Driving Uber Worth It 2024: Everything You Need To Know

Uber driving offers flexible extra cash, but remember to consider car costs and wait time or choose Lyft/DoorDash options for less strict car requirements.

International Business Times

Lyft Races Ahead Of Uber On Wall Street — For How Long?

Uber and Lyft traded places on Wall Street in 2024 as competition for riders rages on. Lyft's shares are up 15% YTD, while Uber's are up 10.3%.

International Business Times UK

Lyft Added More Female Drivers and Saw a 7% Stock Price Increase This Year

Lyft witnessed a 24 per cent rise in the number of female drivers working for them in the first three months of 2024 compared to the same period last year.

Barchart

Stocks Waver on Higher Bond Yields and Mixed Corporate Earnings

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed unchanged, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.04%. US stock indexes Wednesday settled mixed, with the Dow Jones Industrials posting a 1-month high....

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