The U.S. Federal Trade Commission (FTC) is investigating whether Uber (UBER) and Lyft (LYFT) illegally coordinated to limit the earnings of ...

Uber’s secret is that once it has attracted more than enough drivers to its platform to meet passenger demand for rides, it reduces cash incentives and pushes driver pay down to the minimum. An ...

Lyft (LYFT) face antitrust probe over New York City driver pay, Bloomberg saysInvest with Confidence: Follow TipRanks' ...

(Bloomberg) -- New York City’s rideshare regulator said Uber Technologies Inc. and Lyft Inc. are “spreading disinformation” in emails sent to drivers and riders about proposed rules that ...

The Taxi and Limousine Commission proposed changes to its minimum-pay formula that it says will boost driver pay — and keep Uber and Lyft from locking drivers out to keep pay low. TLC Commissioner ...

Since the beginning of 2024, drivers of the two most popular ridesharing apps, Uber and Lyft, have expressed concerns about low wages and lockouts on social media. Locally, some drivers have ...

The NYPD on Thursday said it was looking for three people who have allegedly been robbing Lyft, Uber and Revel drivers of their phones, cash and other valuables in more than 20 incidents across ...

If the new rules went into effect, Golden said, Lyft would “have to remove the equivalent of over 1,200 full-time drivers to maintain 2024 utilization rates.” Josh Gold, a spokesman for ...

The Taxi and Limousine Commission proposed changes to its minimum-pay formula that it says will boost driver pay — and keep Uber and Lyft from locking drivers out to keep pay low. TLC ...

(Bloomberg) -- Uber Technologies Inc. is working on a new paid offering that would let commuters lock in prices for frequent rides ahead of time, rivaling a popular feature that Lyft Inc. launched ...

Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this. On rare occasions, our expert team of analysts issues a “Double Down” stock ...