Latest Lyft Headlines and News updates

Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid sick leave, state officials announced Thursday

California court upholds Uber drivers being contractors

A California appeals court on Monday upheld a state law letting Uber, Lyft and other app-based, on-demand companies treat drivers as independent contractors rather than employees

Stellantis to build electric 'air taxis' with Archer

Global automaker Stellantis will produce electric "air taxis" developed by US aviation company Archer, it announced Wednesday at the major Consumer Electronics Show (CES) in Las Vegas

Heavy load: supply chain woes strain US trucking

Hypermotion Dubai series begins tomorrow at Expo 2020 Dubai

Top US executives demand Congress certify Biden victory

From dives to Broadway, US arts aid offers 'lifeline' to devastated venues

US stocks in rally mode, shrugging off election uncertainty

Wall Street stocks were in rally mode Wednesday, shrugging off uncertainty over the still-unresolved presidential election and embracing the positives of a probably divided government in Washington

Tech shares lead US stocks higher, Nasdaq +2.1%

New York Bans Shared Rides on Uber, Lyft to Limit Spread of Coronavirus - Mayor De Blasio

New York City has suspended shared-ride services on Uber, Lyft and other transportation networks to limit the spread of novel coronavirus (COVID-19) infections, Mayor Bill de Blasio said in a press conference on Tuesday

Coronavirus triggers work-from-home trend in Seattle

Uber sues California over gig-economy labor law

Ride-hailing giant Uber and delivery company Postmates have filed a lawsuit against the state of California, claiming a new law that would treat gig-economy freelancers as employees is unconstitutional

Lofty promises for autonomous cars unfulfilled

Uber reports over 3,000 sexual assaults in U.S. IN 2018

U.S. ride-hailing company Uber Technologies, Inc. on Thursday disclosed for the first time 3,045 sexual assaults that occurred to passengers and drivers during rides last year

Nearly 6,000 US sexual assaults reported to Uber in 2017 and 2018

Nearly 6,000 instances of sexual assault, including more than 450 cases of rape, were reported to Uber in the United States in 2017 and 2018, the ride-sharing company said in a report on safety released Thursday

PayPal abandons Facebook-backed Libra cryptocurrency group

Pioneering digital payments firm PayPal on Friday said it is abandoning an alliance intended to oversee the Facebook-backed Libra cryptocurrency, which has come under attack by regulators

Libra partners reconsider as governments grumble: report

Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts as regulators unleash ire on the project, according to a report Tuesday

Facebook's Libra currency under fire

Facebook's planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well

Tech firm Slack to make market debut, at $26 reference price

Cloud-based software firm Slack Technologies makes its debut on the New York Stock Exchange Thursday with a reference price of $26, adding to this year's parade of new Wall Street entrants

Slack primed as latest unicorn to make market debut

The 2019 parade of big new Wall Street entrants continues this week with the debut of Slack Technologies, underscoring investor hunger for new companies in spite of some high-profile stumbles

Facebook takes on the world of cryptocurrency with 'Libra' coin

Facebook unveiled plans Tuesday for a new global cryptocurrency called Libra, pledging to deliver a stable virtual money that lives on smartphones and could bring over a billion "unbanked" people into the financial system

With 'Libra,' Facebook takes on the world of cryptocurrency

Facebook unveiled plans Tuesday for a new global crypto-currency called Libra, pledging to bring a stable virtual money that lives on smartphones and brings the "unbanked" billions into the financial system

Uber posts $1 bn loss in Q1 on growing revenue

Ride share giant Uber on Thursday reported a $1 billion loss in the first quarter of this year despite rising revenue and monthly users

Rideshare drivers strike as Uber poised to go public

Thousands of Uber and Lyft drivers turned off their apps in a US-wide strike Wednesday over pay and working conditions, casting a shadow over this week's keenly anticipated Wall Street debut of ride-hailing leader Ube