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The Latest Breaking News from Lyft

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

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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

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.

InsideEVs

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.

StockNews.com

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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.

Fortune

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.

The Philadelphia Inquirer

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.

Fortune

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

The Independent UK

Calif.'s flawed electric car initiative

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

Salon

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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

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For November 9, 2022

Upgrades

The Guardian - US

Colorado gig drivers make an average of just $5.49 an hour, study finds

Although the report focuses on drivers in Denver, gig worker drivers across the US face similar issues, experts say

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Los Angeles Times

A measure to place abortion protections in the California Constitution ahead in early returns

SACRAMENTO, Calif. — A measure to codify progressive abortion protections in the California Constitution under Proposition 1 was leading in early results on Tuesday, prompting supporters to pop open champagne.

Benzinga

Check Out What Whales Are Doing With LYFT

Someone with a lot of money to spend has taken a bullish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Perrigo, Tripadvisor, Lyft, And Some Other Big Stocks Moving Lower On Tuesday

U.S. stocks traded higher, with the Dow Jones gaining more than 400 points on Tuesday. Here are some big stocks recording losses in today’s session.

Benzinga

Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday.

Investors Business Daily

Stock Market Gains Traction; Tesla Trims Losses; Planet Fitness Muscles Higher

The major stock market indexes traded marginally higher on Tuesday morning as Americans cast their midterm votes.

Tribune News Service

Widening tech, biotech job cuts could jolt broader Bay Area economy: experts

SAN JOSE, Calif. — Bay Area tech and biotech companies have recently revealed plans to chop thousands of jobs, layoffs that raise the specter that these cutbacks might haunt the region’s broader economy.

Investors Business Daily

Dow Jones Rises On Election Day; Nvidia Jumps On New Chip For China

The Dow Jones Industrial Average rose Tuesday on U.S. election day. Nvidia jumped after introducing a new chip that can be exported to China.

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