(Reuters) -Lyft Inc has reached a $25 million settlement to resolve shareholder claims that the ride-hailing company concealed safety problems, including sexual assaults by drivers, prior to its 2019 ...
Uber UBER and Lyft LYFT burst into the IPO scene in 2019 after years of speculation about their growth and prospects. But investor sentiment at launch and thereafter haven’t lived up to the hype. That ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Habitually early” Amber, who lives in Erie, Pennsylvania, recently gave herself an hour to travel six miles to ...
Forbes contributors publish independent expert analyses and insights. Kim Elsesser covers issues that impact women in the workplace. Uber and Lyft's features, allowing women to prioritize female ...
Lyft CEO David Risher drove for 90 minutes in Napa Valley, California. On LinkedIn, some commenters said his experience wasn't typical.
Uber and rival app Lyft plan to share with each other the names of US drivers they ban from their platforms because of "serious" safety incidents, such as sexual assault. The two firms said the ...
Lyft shares closed Thursday down 8.4% at $13.88. They have fallen 78% since last July, as tight labor supply forces greater spending to hire drivers. Lyft reaches $25 million settlement of claims it ...
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