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The Latest Breaking News from Lyft

NYC Lyft and Uber drivers are getting less of the fare per ride: UCLA report

NEW YORK — Uber and Lyft have more than doubled their the size of their cut of New York City customers’ fare money — far outpacing the pay raises seen by their drivers, a new study says.

Tribune News Service

Missing Florida Lyft driver found dead as car surfaces in North Carolina

Gary Levin’s car found across state lines in North Carolina

The Independent UK

Companies pledge millions in fed effort to stem road deaths

Nearly 50 businesses and nonprofits including rideshare companies Uber and Lyft and industrial giant 3M are pledging millions of dollars in initiatives to stem a crisis in road fatalities under a new federal effort

The Independent UK

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Taxi drivers don’t want to give up their prime airport pickup spots to Uber and Lyft

Taxi drivers may soon have to pick up passengers at the airport in a different area, farther from the airport doors, as the city plans to swap out the taxi zone and the rideshare zone. The Taxi Workers Alliance of Pennsylvania is suing the city in an attempt to prevent…

The Philadelphia Inquirer

Get to the bottom of what happened to Tyre Nichols

Nothing will justify what the police officers did, but why they did it is valuable information.

Chicago Sun-Times

A 31-year-old vlogged her job search on TikTok after she got laid off from Big Tech

"You go through the dark, disgusting rabbit hole of, 'Why was it me?'"

Fortune

'There was no humanity': The cruelty of tech layoffs leaves employees emotionally devastated

In an industry that thrives on cold efficiency, a little humanity can go a long way.

Fortune

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First Thing: five ex-police officers charged with murder of Tyre Nichols

Nichols, 29, died three days after a traffic stop in Memphis turned violent. Plus, the rise of queerbaiting accusations

The Guardian - UK

Uber and Lyft in New York required to be zero-emission by 2030, officials say

Mayor Eric Adams announced the initiative was part of the ‘Working People’s Agenda’ at his second state of the city address

The Guardian - US

Ride-hailing passengers who follow the rules shouldn’t pay for bad behavior of others

Ride-hailing and food app drivers deserve protection and should be reimbursed if they have their privileges revoked because of the made-up tales of disgruntled passengers. But we don’t think other passengers who follow the rule should have to pay the price.

Chicago Sun-Times

Ordinance would hike fees for O’Hare trips booked through ride-hailing apps

A 10-cent fee per ride proposed by Ald. Susan Sadowski Garza (10th) would fund a nonprofit to connect drivers with representation in grievances and other services.

Chicago Sun-Times

Ride-hailing, food delivery drivers could appeal deactivations under proposed ordinance

Uber and Lyft drivers complain of being deprived of their livelihoods when passengers retaliate by making false claims against them.

Chicago Sun-Times

What's a 'gig' job? How it's legally defined affects workers' rights and protections

The “gig” economy has captured the attention of technology futurists, journalists, academics and policymakers.

The Conversation

Ride-share drivers protest at O’Hare to demand better wages, bathroom access and end to ‘unfair’ deactivations

As thousands of travelers across the country and in Chicago saw their holiday plans upended by transportation troubles, ride-share workers took a stand Tuesday night by refusing to take rides from O’Hare International Airport.

Chicago Tribune

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InsideEVs

Hyundai Shows Off Ioniq 5-Based Robotaxis Operating In Las Vegas

Users can call an autonomous Ioniq 5 in Las Vegas through Uber or Lyft, although until the end of 2023 there will still be a safety driver on-board.

StockNews.com

Is Lyft a Stock You'll Want to Hop Into This Winter?

Leading ride-hailing service provider Lyft (LYFT) reported disappointing third-quarter results. Moreover, the stock has witnessed weak momentum over the past year. So, is the stock worth buying now? Read more to find out why.

Fortune

Whitney Wolfe Herd, who built Bumble into a $765 million company, is hiring someone else to run the app for the first time

Drena Kusari will become GM of the Bumble app, while Whitney Wolfe Herd "dreams big" as Bumble Inc. CEO.

The Philadelphia Inquirer

Uber, Lyft and the pandemic have flattened Philadelphia’s taxi industry, leaving both passengers and cab drivers waiting

PHILADELPHIA — The clock was sliding toward 2 p.m., and Ishmail Ali’s taxi was inching toward the cab stand outside 30th Street Station, currently 12th in line.

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Fortune

Companies like Lime and Lyft are improving design and operations to deliver on sustainability promises

Although shared e-bikes and scooters are touted as an environmentally friendly way to get around cities, the companies are often net contributors to greenhouse gas emissions.

Fortune

From immigration support to free office furniture: How severance packages for laid-off tech employees compare

An inside look at how severance packages at tech companies like Microsoft, Netflix, and Lyft stack up.

Fortune

Tech layoffs are not the canary in the coal mine for the U.S. labor market, Morgan Stanley says

Tech firms including Lyft, Twitter, Stripe, Meta and Amazon have laid off staff in recent months.

The Independent UK

Lyft drivers spread the Gospel with ride-hailing ministries

Pastor Kenneth Drayton and Tomika Reid try to inspire passengers through spiritual guidance on the road as part of what they see as Christian ride-hailing ministries

Salon

Calif.'s flawed electric car initiative

Prop 30 had widespread support. Then Governor Newsom and billionaires got involved

Los Angeles Times

George Skelton: Newsom's resounding win shows he didn't even have to run a race for governor

SACRAMENTO, Calif. — What Gov. Gavin Newsom did was truly unprecedented. He handily won his reelection race without running.

Benzinga

Troubled FTX Faces SEC Probe And 'Urgently Needs' $8B To Avoid Bankruptcy, NIO Posts Wider Q3 Loss, AstraZeneca Ditches US Application Submission For COVID-19 Shot: Top Stories Thursday, Nov. 11

Bloomberg

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