The Latest Breaking News from Lyft

LOS ANGELES — Separated by about 16 miles of traffic-snarled L.A. roads — and an income bracket or two — Westwood Hills and Highland Park may not seem like they have a lot in common.

David Risher, who will become Lyft's new CEO in mid-April, has spend the last 14 years leading a non-profit group.

Uber stock jumped Tuesday, as did Lyft and DoorDash, thanks to a court ruling on how they categorize drivers.

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The ruling mostly upholds a voter-approved law that said drivers for ride-share companies are independent contractors and are not entitled to benefits like paid sick leave and unemployment insurance.

A California appeals court has ruled companies like Uber and Lyft do not have to treat their drivers as employees

Shares of ride-sharing company Lyft (LYFT) plummeted more than 75% over the past year. An unexpected fourth-quarter loss and disappointing revenue guidance for the first quarter of 2023 contributed to the weakened investor sentiment. Given its massive losses, weak guidance, fierce competition among industry peers, and low profitability, is it…

Supporters fear Su, the deputy labor secretary, might have a hard time getting the needed Senate votes as some business groups oppose her nomination

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