A review of 14,756 rides found Uber and Lyft taking a much bigger slice of drivers' fares than they say they do
A Jalopnik analysis of 14,756 ride fares from Uber and Lyft drivers found the ride-hailing apps to be taking a bigger bite out of drivers' fares than they say they do.
Battle of the airport commute: CNBC tests Lyft, Uber Copter, Blade helicopter and mass transit in race to NYC’s busiest airport
Few things are more annoying than suffering through the bumper-to-bumper traffic along the 10 to 20 miles that separate Manhattan from its three metro area airports.
Uber and Lyft have handily deflected any competition so far. Together, the two ride-hailing giants capture more than 98% of market spending, according to analytics company Second Measure.
Florida school hires combat vets with semi-automatic rifles to protect students from active shooters
We're not looking for a fair fight. We're looking at an overwhelming advantage
A school in Florida is taking school safety so seriously that it has hired two combat veterans armed with semi-automatic rifles to patrol and guard the campus against potential threats, according to The New York Times.
NASHVILLE, Tenn. (WTVF) — An Uber driver involved in a crash while on the clock is being forced to pay thousands of dollars to fix her car, and she said the reason is a gap other rideshare drivers need to know about.
LOS ANGELES, CA / ACCESSWIRE / August 15, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Uber Technologies, Inc. (“Uber” or “the Company”) (NYSE:UBER) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Weeks after laying off a third of its marketing division, Uber has recruited a longtime Google executive to help lead the reorganization.
In Los Angeles County, where the minimum wage is currently $14.25 an hour, studies suggest that Uber and Lyft drivers often make far less. In El Monte, an industrial city east of Los Angeles, the city council just unanimously voted to change that, telling city officials to begin drafting a law that would guarantee drivers a minimum of $30 an hour.
Dara Khosrowshahi, who was brought in as Uber CEO to clean-up co-founder Travis Kalanick’s mess, needs to prove the company can still innovate, early Uber investor Bradley Tusk told CNBC on Monday.
It was a roller-coaster ride of sorts for ride-hailing service Lyft Inc. on Wednesday.
Shares initially spiked as much as 11% in after-hours trading following a surge in sales and a forecast for stronger annual revenue, but the gains quickly cooled after the company said insiders would be able to sell their shares earlier than expected. Reversing course once again, shares rebounded from a momentary dip in the extended session to rise again after Lyft executives revealed its price war with Uber Technologies Inc. was easing and that losses this year will be less than in 2018. The stock was up 6.8% in premarket trade Thursday.