ride sharing
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Business
Lyft plunges nearly 20% after weak forecast sparks fears its losing race with Uber
Lyft’s shares tanked 17% on Wednesday after a soft forecast for the key summer quarter stirred worries that it may be…
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Business
Uber loses challenge to California gig work law in US appeals court
A US appeals court on Monday rejected a bid by Uber, opening a new tab and subsidiary Postmates to revive…
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Tech
Uber launches bus shuttle service, expands Costco tie-up to woo price-conscious users
Uber Technologies is introducing a shuttle service in the US and widening a delivery tie-up with membership-only retailer Costco as part of…
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Business
Lyft, Uber plan to leave Minneapolis after city council forces them to hike driver pay
Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral…
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Tech
Typo in earnings report sends Lyft stock soaring by 67%
A typo in Lyft’s earnings report overstated a key profit metric by a factor of 10 — sparking a 67%…
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