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The Latest Breaking News from Lyft

New lawsuits say Lyft failed to protect its users from physical and sexual assault

The San Francisco-based ridesharing company is facing 17 new lawsuits brought by users of its service from around the country, who claim the company failed to protect passengers and drivers.

WEKU

Benzinga Before The Bell: Top Amazon Seller Succumbs To Economic Meltdown, Twitter To Tackle Toxic Content, Spam Bots, Bed Bath & Beyond Secures Loan Deal As It Tries To Stay Afloat And Other Top Financial Stories Wednesday, August 24

CNBC Top Amazon Seller Succumbs To Economic Meltdown

Benzinga

Uber and Lyft drivers’ complaints are a startup opportunity

A number of upstart ride-hailing apps are taking on Uber and Lyft with the promise of treating drivers better.

Tribune News Service

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George Skelton: California had a nearly $100 billion surplus this year. We don't need to raise taxes with Prop. 30

SACRAMENTO, Calif. — If Proposition 30 passes in November, we should hang a sign at the border reading: "Welcome to California, the state with the nation's most outrageously high income tax."

Los Angeles Times

Ride-hail, delivery app drivers need better safety on the job

I enjoy my job and want to stay on the road, but I am in a tough spot. Dozens of workers have been victims of carjackings and assaults. App companies aren’t doing enough to keep drivers safe.

Chicago Sun-Times

Watch Out Tesla And Waymo! Lyft Debuts Self-Driving Vehicle In Las Vegas

Ride-hailing service Lyft Inc. (NASDAQ: LYFT) has teamed up with Motional to bring self-driving taxis to cities around the nation, starting with Las Vegas.

Benzinga

Rideshare and delivery drivers demand better wages and working conditions, join national movement

David Crane keeps a yellow legal notepad in his car, pages upon pages filled out with his thoughts on the concerns of thousands of other rideshare drivers like him, with demands that boil down to better wages, safer working conditions and union rights.

Chicago Tribune

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It’s been a rough summer for air travel. But for some, the trip to or from the airport is just as frustrating

CHICAGO — Standing outside Terminal 2 at O’Hare International Airport, a phone in each hand, Mervyn Wright weighed the options to get to his suburban hotel.

Chicago Tribune

Investors Wanted Uber To Be Profitable - It's Close, And Lyft Is Along For The Ride

Back in May, ride-sharing giant Uber Technologies Inc. (NYSE: UBER) delivered its first-quarter 2022 earnings report.

Benzinga

Homeless and hoarding in LA: The special struggles and anxieties of unhoused people

LOS ANGELES — In his dim motel room, flies and dust swirled through a slanted blade of sunlight. A shoulder-high heap of boxes, trash bags, electronics and clothes prevented him from opening the curtains.

Los Angeles Times

Ride-sharing apps rise in Venezuela as public transit decays

Ride-sharing apps like Uber, DiDi and Lyft may have driven across much of the globe, but they haven’t yet rolled into Venezuela

The Independent UK

Man struck and killed on highway after Lyft driver kicked him and friends out of car

Driver kicks out six passengers after disagreement, leading to one of them being run over

The Independent UK

Truckers are holding the Oakland port captive. Can Newsom end the standoff?

The Port of Oakland has been brought to a grinding halt this week as hundreds of protesting truckers hold a key commerce hub captive. The action — following a similar one at Southern California ports last week — has dealt another blow to supply chains already reeling from pandemic delays.

Tribune News Service

Google, Lyft are latest tech companies to hit brakes on hiring

With recession fears mounting — and inflation, the war in Ukraine and the lingering pandemic taking a toll — many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and even starting layoffs.

Tribune News Service

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Chicago Sun-Times

Lightfoot proposes temporary fuel surcharge on taxi fares

The surcharge would start at $1 for fares up to $20, then go to $2 for fares up to $40 and to $3 for tabs over $40. The Business and Consumer Affairs would be empowered to terminate the surcharge whenever gasoline prices fall below $5 a gallon.

The Texas Tribune

U.S. House approves Rep. Lizzie Fletcher’s bill to protect the right to seek an abortion out of state

The bill would also shield the rights of any person or group helping someone get an abortion out of state.

StockNews.com

Both Uber and Lyft Have High Volume, but Which Stock Is a Better Bet?

Pent-up demand for ride-sharing services has helped Uber (UBER) and Lyft (LYFT) register solid revenue and booking figures in the last quarter. Both have high trading volumes. Let’s discuss which stock is a better buy now….

Benzinga

Better Tips For Uber Drivers, Consider Getting A Tesla

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well.

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StockNews.com

Hiring Slowdown Should Make Lyft Stock Holders Jittery

LYFT (LYFT) stock won't get much of a lift as harsh macro-level conditions persist. The stock has been in free fall for over a year, and it's hard to be optimistic unless Lyft can somehow attract price-sensitive customers.

Benzinga

Where Lyft Stands With Analysts

Within the last quarter, Lyft (NASDAQ:LYFT) has observed the following analyst ratings:

Benzinga

Surging Gas Prices Make Tesla An Attractive Option For Some Uber, Lyft Drivers - Read How

Some Uber Technologies, Inc (NYSE: UBER) and Lyft, Inc (NASDAQ: LYFT) drivers found renting or buying a Tesla, Inc (NASDAQ:

Salon

Anti-choice right gloats, and dreams big

On social media, far right dunks extensively, promises national abortion ban and "thousand-year White Boy Summer"

Los Angeles Times

How a Lyft driver became the unwitting getaway driver in Nipsey Hussle's slaying

LOS ANGELES — Bryannita Nicholson had no idea Nipsey Hussle had been shot — even as she drove the man who killed the beloved L.A. rapper away from the crime scene.

Benzinga

Uber, Lyft Drivers File Antitrust Case Against Ride Hailing Companies

A group of Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers slapped an antitrust lawsuit on the companies for unfairly controlling passenger fares. The drivers claimed that lower consumer fares would provide them with "the most competitive compensation." The suit adds that companies hurt driver earnings by charging higher fares to the customers. The lawsuit…

Los Angeles Times

Michael Hiltzik: Uber, Lyft's attempt to gut labor law for their own benefit hits a roadblock in Massachusetts

Following their successful effort to gull California voters into endorsing their method of exploiting their drivers and field workers, Uber, Lyft and other gig companies expanded their campaign to gut labor protections into other states.

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