Tag: LYFT

Judge shoots down law that kept Uber and Lyft drivers from being employees

A judge late Friday shot down a law that would have allowed app-based companies to continue treating drivers as contractors instead of employees in California,...

Uber and Lyft drivers strike, seek passage of PRO Act

Ride-hailing drivers across the country executed a strike Wednesday, calling on the U.S. Senate to pass the PRO Act, a bill that would allow them...

Opinion: 5 smart ways to shift your investments as the Fed gets ready for a big move

Fed policymakers surprised a lot of investors on Wednesday by signaling that tapering and interest-rate hikes are finally on the way. Investors sat up and...

Uber and Lyft expect ride-hailing to make a sharp recovery, but there are some potential roadblocks

As more people get vaccinated against COVID-19 and pandemic restrictions ease, the ride-hailing industry is gearing up for a comeback, but is facing potential roadblocks....

PRO Act, called ‘most important labor legislation in several generations,’ passes House

The U.S. House of Representatives on Tuesday passed the PRO Act, which supporters called the most significant labor legislation in decades and opponents characterized as...

7 Realistic Ways to Make Money Online

January 10, 2020 14 min read Opinions expressed by Entrepreneur contributors are their own. Whether you’re looking to make some fast cash, or you’re after...

Lawsuit seeks to throw out California measure that protects ‘gig economy’ business model

Ride-hailing drivers and the Service Employees International Union filed a lawsuit against California on Tuesday that asks the state Supreme Court to invalidate Proposition 22...

California post-Prop. 22: Gig workers to see pay changes, customers to see higher prices

Californians this week will start to see the effects of Proposition 22, the ballot measure that 58% of the state’s voters passed in November. The...

Big business spent millions to sway Californians’ votes, and received billions in return

California voted on a dozen propositions in Tuesday’s election, with two receiving large corporate financial commitments. Getty Images Large public companies proved Wednesday that spending...

Wall Street shakes off election night wobbles to rally; tech and healthcare stocks lead

Technology and health care companies drove stocks sharply higher Wednesday as Wall Street embraced the upside of more gridlock in Washington. The S&P 500 was...

Uber, Lyft drivers in limbo as judge hears arguments in case brought by California

Uber and Lyft on Thursday defended against a lawsuit, brought by California and San Francisco, Los Angeles and San Diego, accusing the companies of not...

What Does the Crisis Mean for the Sharing Economy?

May 19, 2020 7 min read Opinions expressed by Entrepreneur contributors are their own. The global health crisis has rocked the sharing economy. Uber and Lyft...

Lyft to require passengers and drivers to wear masks

TORONTO/NEW YORK (Reuters) – Lyft (LYFT.O) will require both passengers and drivers to wear masks and complete a health certification program, including confirming before each...

Lyft sees rider demand improve in late April, ‘on path to profitability’

(Reuters) – Lyft Inc (LYFT.O) on Wednesday posted higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable, saying ridership hit by...