Uber Rival News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Of the dovish camp. he currently is a fed governor. so it would be a positive announcement for the stockmarket and stocks react very well on the news yesterday. he also pushed down treasury yields and the dollar weakened a little bit before recovering by the end of the day. but let pe tell you about another story that's been making waves over here the car wririd* riding app lyft. they now value the company at a whopping $11 become. now the uber rival has said it will now cover 95% of the u.s. population. that's up 54% from a year ago and ultimately would pave the way for an ipo. >> thanks so m...

Lyft, the uber rival raising cash. they were out for a billion dollars. and surprisingly gm stumped up $500 million of that. you may be thinking why would they put money into a business that seems to be anti-growth in cars? well, gm saying they want to work with the business to see how they can drive forward a network, perhaps, of driverless vehicles. so that's a wrap-up of your head line business stories. back to you, shiba. >> huh. driverless lyft vehicles. we'll stay tuned for more on that. jeff cutmore, thank you. joining us live from london this morning. time now for sports. for the las...