Lyft

About two weeks ago, thousands of people across the United States took to the streets in protest, hoisting signs with damning statements like "Driving us into poverty" or "32 cents a mile is not enough." In cities from Los Angeles to Boston, the masses clamored to be heard, tensions flared and the...

As people have become more comfortable leaving their homes again, major global economies and their industries are riding gains on the path to a return to normal. But ride-sharing companies Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) seem to have been having trouble...

And so begins the month of August. The dog days of summer. Beaches, mountains, and lazy afternoons.If you follow the financial markets, that thinking might be jumping the gun, as there’s still plenty of action ahead. Although last week was arguably the height of earnings season, with releases...

Lyft will begin running autonomous vehicles within its rideshare network before the end of 2021 through a partnership with Ford and Argo AI. The three companies announced an agreement Wednesday morning that will place self-driving ride-hailing vehicles on Miami city streets later this year and on...

Retailers and other online sellers reliant on last-mile delivery providers to ensure consumers receive their orders in a timely and safe manner are increasingly finding new options popping up – from established companies that specialize in last-mile delivery to the Uber driver using a third-party...

Henry Ford, who famously predicted in 1940 that a combination airplane and car was coming for the average person, might not have been right at the time, nor were the thousands that followed with predictions of flying cars in the decades ahead. But those same predictions are slowly becoming true. By...

Last week, residents of New York City were provided a new option for getting around with the launch of Drivers Cooperative, a driver-owned rideshare service. The company is not the first rideshare service to take on the big two of Lyft (NASDAQ: LYFT) and Uber (NYSE: UBER), and it likely won't be...

In the last few weeks, there have been surveys that suggest that rideshare drivers and other independent contractors would rather have full-time employment – except for those who don't. The employment status of these workers has been much debated and will continue to serve as the centerpiece of...

The drive to electrify the nation's rideshare and on-demand delivery companies took a step forward on Thursday when the California Air Resources Board (CARB) approved a vehicle electrification plan for transportation network companies (TNCs). The board voted unanimously in favor of the mandate....

Last week, Uber Technologies Inc (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) showed they are seeing improvement in ride-hailing that was strangled by the COVID-19 pandemic. Uber Was Saved By Its Food Delivery Business Uber's first-quarter results come after it announced March was the best month in...

Metromile Inc (NASDAQ: MILE), an insurance-focused fintech powered by data science and machine learning, announced Thursday it will allow policyholders the option to pay for insurance and receive payment for claims in Bitcoin (CRYPTO: BTC) or U.S. dollars. About: Founded in 2011,...

If you wanted more evidence of reopening progress, Lyft’s (NASDAQ: LYFT) earnings arguably provided it yesterday. The ride-sharing company saw shares post big pre-market gains after reporting a narrower than expected loss, above consensus revenue and solid guidance for the rest of...