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 .
(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 bookings ahead of ex
(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 than Uber's similar service, according to data analytics firm YipitData, a big change since February, when both the companies were charging nearly the same price.