Lyft And Uber News Today

Some accused sexual abusers have used Lyft or Uber to transport unaccompanied teenagers or children to their doorstep, according to criminal court records.

DFL leaders and the governor's office are negotiating with drivers' groups and rideshare apps to try to reach a deal on a package of state rules to try to prevent Uber and Lyft from leaving Minneapolis on May 1. "All the parties — the drivers, Uber and Lyft, the governor's office — are working on a deal," said Sen. Matt Klein, DFL-Mendota Heights. Klein chairs the Commerce Committee, the ...

Tipping has become more important for rideshare drivers as inflation erodes their pay, data show.

(Bloomberg) -- It was, without a doubt, a strong earnings report.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketLyft Inc. projected adjusted earnings as much as 11% higher than analysts’ estimates, and reported...

(Reuters) -Lyft's price cuts may have helped the ride-hailing firm make a small dent in Uber's U.S. market share, but not enough to prevent the bigger rival from reporting its second quarterly operating profit. After the slowest sales increase in the second quarter in two years, Lyft is expected to post a bigger growth story in the September quarter as it attracted more riders with lower prices. The average price of a standard Lyft ride as of September-end was more than 4% cheaper th...

LYFT Price Cuts Uber Deal: For Lyft, which under new boss David Risher has signaled a more aggressive pricing strategy, market share wins have been slow. Lyfts share has risen just 200 basis points to 29% since January, when the price war started, YipitData said.

Uber echoed Lyft by saying it would have no choice but to greatly reduce service, and possibly shut down operations entirely if the bill were to pass.

The changes are already happening.

It was supposed to be a 12-minute ride to work, but instead ended up being a disaster.

It was supposed to be a 12-minute ride to work, but instead ended up being a disaster.