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(Reuters) -The U.S. Supreme Court declined on Monday to hear a challenge by Uber and Lyft to lawsuits by the state of California on behalf of drivers who signed agreements to keep legal disputes ...
Drivers pitch Uber and Lyft customers. About half of Brian's trips come from his list of private clients, he told BI. The other rides he still finds on Uber and Lyft, mostly to fill in what some ...
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in ...
For both drivers and customers, safety tends to be a top concern with ridesharing. In late 2019, Uber reported that nearly 6,000 incidents of sexual assault had been reported by both drivers and ...
Uber's cash flow rose to $3.4 billion in 2023, up from $390 million a year earlier. Shares of Lyft were up 32% on Wednesday after its earnings, which surpassed Wall Street's expectations.
The ride-hailing companies Uber and Lyft said they will delay their planned exit from Minneapolis after city officials decided Wednesday to push back the start of a driver pay raise by two months.
The California Supreme Court ruled Thursday that app-based ride-hailing and delivery services like Uber and Lyft can continue treating their drivers as independent contractors rather than employees.
In the just over two weeks since Uber’s lockup expiration, insiders have sold a total of 54.02 million shares worth roughly $1.48 billion. Insider Selling At Ride-Hailing Companies: Uber Vs. Lyft