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The Latest Breaking News from Lyft

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

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.

Chicago Sun-Times

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.

The Texas Tribune

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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….

StockNews.com

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.

Benzinga

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.

StockNews.com

Where Lyft Stands With Analysts

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

Benzinga

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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:

Benzinga

Anti-choice right gloats, and dreams big

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

Salon

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.

Los Angeles Times

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…

Benzinga

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.

Los Angeles Times

Massachusetts Supreme Court disqualifies app-based drivers initiative from November ballot

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot.

Ballotpedia

Analyst Ratings for Lyft

Analysts have provided the following ratings for Lyft (NASDAQ:LYFT) within the last quarter:

Benzinga

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Tribune News Service

2 charged with robbing, carjacking Uber and Lyft drivers during Twin Cities spree

MINNEAPOLIS — Two men lured numerous Uber and Lyft drivers to pick them up and then robbed them in a violent spree that lasted more than five weeks across the Twin Cities, according to federal charges.

Benzinga

Broadcom, Palo Alto, Lyft And This Stock Will Be Featured On 'Mad Money' Tonight

Jim Cramer is set to conduct interviews with executives from a handful of popular companies Tuesday night on CNBC's "Mad Money."

Benzinga

Alphabet Owned Waymo Collaborates With Uber Freight - Read Why

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) self-driving trucking unit Waymo Via, and Uber Technologies, Inc's (NYSE:UBER) Freight business collaborated for the efficient deployment of autonomous trucks. The financial terms of the transaction remain undisclosed. Now Waymo customers can use Uber Freight to plan their automated and human-driven trucking fleets more efficiently. Also Read: Lyft Pauses Hiring, Budgets To…

The Conversation

Therapy on the go: Mildly depressed or simply stressed, people are tapping apps for mental health care

It might be surprising to think about browsing for therapists and ordering up mental health care the way you can peruse a menu on Grubhub or summon a car on Lyft.

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StockNews.com

Stocks to Avoid: 3 Popular Companies That Recently Initiated Cost-Cutting Measures

Technology stocks have suffered a massive sell-off this year on investor concerns about the Federal Reserve's aggressive interest rate increases to fight record-high inflation, ongoing geopolitical crises, and a potential economic slowdown. Several hard-hit tech companies have initiated cost-cutting measures of late. Thus, it could be wise to now avoid…

Benzinga

Lyft Pauses Hiring, Budgets To Beat Slowdown Following Uber's Footsteps

Lyft, Inc (NASDAQ:LYFT) looks to slow hiring, reducing some of its departments' budgets and granting new stock options to some employees to make up for its share price fall, the Wall Street Journal reports. Lyft joined rival Uber Technologies, Inc (NYSE:UBER) in outlining cuts as investor optimism cooled on tech stocks. Lyft looked to prioritize fewer…

Benzinga

Benzinga's Brief On Trending Tickers: Lyft, Toll Brothers, Dick's Sporting Goods And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

Benzinga

What 15 Analyst Ratings Have To Say About Lyft

Over the past 3 months, 15 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Irish Mirror

Irish tourist warning: Common holiday taxi scam that ‘hikes up’ the price of travel

The travel money specialists FairFx has warned Irish tourists of common holiday scams and how to avoid them

Benzinga

Peering Into Lyft's Recent Short Interest

Lyft's (NASDAQ:LYFT) short percent of float has risen 7.94% since its last report. The company recently reported that it has 26.44 million shares sold short, which is 8.97% of all regular shares that are available for trading.

The Independent UK

Texas Republicans look to bar companies that support women getting out-of-state abortions

Major companies, like Amazon, Tesla and Apple, who have pledged to support employees have hubs throughout the state

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