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The Latest Breaking News from Lyft

Superpedestrian pulls out of Chicago scooter-rental market

The company blamed stiff competition with competitor Lyft, which operates the city’s Divvy short-term bike rental service.

Chicago Sun-Times

Online gig work is growing rapidly, but workers lack job protections, a World Bank report says

A World Bank eport says online gig work is growing globally and is creating an important source of employment for women and young people in poorer countries where jobs are scarce

The Independent UK

Kickstarter's new finance chief is a 'people-centric CFO'

“I think the modern CFO really gets connected to how the work gets done," says Sindy Wilson.

Fortune

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The daily routine of Lyft's new CEO

David Risher, the CEO of Lyft, shares a day in his life.

Fortune

Latest search for missing mother Ana Walshe fails as new DNA evidence expected

Ana Walshe’s body has not been found, but prosecutors are trying to prove that her husband, Brian Walshe, murdered and dismembered the mother-of-three

The Independent UK

Driverless cars racing toward us

Waymo autonomous taxis are working the streets of San Francisco and Phoenix, now, soon to add LA and, eventually, Chicago.

Chicago Sun-Times

Lyft’s CEO is taking a page from high schools to create a return-to-office plan

Lyft employees may experience “first day of school” deja vu when they return to the office this fall.

Fortune

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Last year, Lyft was ‘fully flexible.’ Now, its new CEO demands an office return

“It’s going to be super fun, I hope,” David Risher tells Fortune of Lyft’s new hybrid work plan.

Fortune

Minneapolis mayor vetoes measure for minimum wage to Uber and Lyft drivers

Minneapolis' mayor has vetoed a minimum wage for Uber, Lyft and other ride-hailing drivers in the city

The Independent UK

Lyft’s CEO and Jeff Bezos protege is so bullish on the ‘underdog’ company, he just invested $1 million in the company

Lyft CEO David Risher bought $1.1 million worth of company stock because the “great team” has him convinced of a bright future.

Fortune

Does Lyft's CEO Know Something Analysts Don't?

Lyft shares are down sharply from their 2023 highs - but with company execs buying, is the ride-sharing stock a top contrarian investment at current prices?

Barchart

Lyft and Uber threaten to leave Minneapolis unless mayor vetoes bill giving drivers a minimum wage

It’s not the first time they’ve made this threat.

Fortune

Americans Aren't Buying 'Bidenomics'

Plus: Idaho can't enforce ban on transgender girls playing on female sports teams, Minneapolis may mandate minimum wage for ride-share drivers, and more...

Reason

Minneapolis advances measure for minimum wage to Uber and Lyft drivers

Minneapolis City Council members have narrowly passed a measure that would establish a minimum wage for Uber and Lyft drivers

The Independent UK

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The Guardian - US

‘Wow’: Uber chief startled by US reporter’s expensive three-mile ride

Dara Khosrowshahi expresses surprise at Wired journalist’s $51.69 journey to company’s annual product event in New York

Fortune

Uber's CEO doesn't know how much a three-mile ride in one of his own cabs costs

"On my God. Wow," was Khosrowshahi's response.

Barchart

Can Uber Maintain its Upside Momentum?

Uber Technologies (UBER ) rallied to a 2-year high today and has nearly doubled in price since the beginning of the year. Uber has outperformed rival Lyft (LYFT ) and the S&P 500 ($SPX ) (SPY ) this year, raising the bar for its Q2 earnings results on Tuesday. According...

Cinemablend

The Umbrella Academy Writer Says She Worked On Hit Show, Then Had To Drive Lyft Because The Money Didn’t Last

One writer from Netflix's The Umbrella Academy admits to working on a hit show and then driving for Lyft six months later because the money ran out.

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Zenger

Skims Bodysuit Credited With Saving Woman Shot Four Times

Kansas City resident claims tight-fitting shapewear prevented further injuries and potentially saved her life

Motor1

Lyft Sends $1K Card To A Family Named Uber

Uber kept telling them that the last name was invalid when trying to sign up.

The Guardian - UK

‘Suit up for the backlash!’: The battle to regulate New York’s gig economy

The progressive politician Brad Lander says his attempts to establish a minimum wage for food delivery workers have met well-funded resistance from the sector’s leading companies

The Guardian - US

Lyft driver who worked as US interpreter in Afghanistan shot dead in Washington

Nasratullah Ahmadyar, 31, who left Afghanistan on last flight from Kabul in 2021, died in hospital after being shot in his car

Al Jazeera

Afghan interpreter who fled the Taliban killed in US gun violence

Nasrat Ahmad Yar was working as a rideshare driver when he was fatally shot in Washington, DC, after resettling in US.

The Independent UK

Former interpreter for US forces in Afghanistan who escaped Taliban shot dead in Washington DC

Nasrat Ahmad Ya, who leaves behind a family of four, was fatally shot while finishing a late-night Lyft shift

StockNews.com

Uber (UBER) vs. Lyft (LYFT): Which Ride-Hailing Giant Is the Better Investment Now?

Following the pandemic-induced slowdown in their businesses, the prospects look bright for ride-hailing giants Uber Technologies (UBER) and Lyft (LYFT) as people return to their pre-pandemic habits. Let’s compare these two stocks to identify which is better positioned for an upside in the near term.

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