Uber, Lyft, and other gig work apps often deactivate drivers' accounts without providing a clear justification or a transparent investigation. Some drivers have told BI that following up with the ...

Uber Technologies (UBER) and Lyft (LYFT). However, a third innovator is lining up on the grid as a fierce competitor: DiDi Global (DIDIY). But can this Chinese disruptor take pole position?

Arete downgraded Lyft (LYFT) to Sell from Neutral with a price target of $10, down from $19. The firm believes Uber (UBER) is forcing Lyft to “sacrifice” margins in order to maintain growth.

Uber Technologies Inc. and Lyft Inc. risk a dropoff in demand if rideshare prices continue to increase beyond current levels, according to a report released Tuesday. The median price of an Uber ...

THEN THE UBER DRIVER PULLED AWAY AND IT’S FEDERAL LAW. THAT AND UBER’S POLICY AND ALL THE OTHER POLICIES FOR LYFT AND ALL THE OTHER SERVICES THAT THEY MUST TAKE A CERTIFIED SERVICE DOG IN THE ...

Lyft on Tuesday forecast gross bookings below Wall Street estimates, similar to rival Uber's projection last week. Lyft's 12-month forward price-to-earnings ratio is 13.4, compared to Uber's 29.4 ...

There is always a solution.... To fight back against the lack of money made by driving people around, drivers for Lyft and Uber are creating ... in hopes of curating transparent policies around ...

Elvert Barnes photo via Creative Commons. After a big sporting event or arena concert, fans flood city streets in search of a Lyft or Uber ride. To help meet demand, ride-hailing companies tack on ...

Lyft said it was expecting gross bookings between $4.05 billion and $4.20 billion in the first quarter, below estimates of $4.26 billion. Uber also projected bookings below estimates for the same ...

At the same time, Uber drivers worked 0.8% more hours in 2024. Lyft drivers, meanwhile, worked 5.4% fewer hours in 2024, but saw their pay decline at a faster clip of 13.9% to $318 a week.

It could soon cost more to ride Uber and Lyft to and from Logan International Airport as the Massachusetts Port Authority considers an increase to the airport fees it charges ride-hailing companies.

The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock. Arete Research ...