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lyft
Business, Technology

Lyft Names David Risher New CEO as Co-Founder Steps Down

Signage at a Lyft Inc. drivers' lounge in Oakland, Calif.

Lyft Inc. tapped David Risher to be its new CEO, replacing co-founder Logan Green as the ride-hailing company struggles to compete with bigger rival Uber Technologies Inc.

Jackie Davalos | Bloomberg News
March 27, 2023
Government, Business

Uber, Lyft Get Positive Ruling in California Labor Case

A ride share car displays Lyft and Uber stickers

App-based ride-hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled March 13.

Adam Beam | Associated Press
March 14, 2023
Business, Technology, Fuel, TCA

Uber, Lyft Add Fuel Surcharges for Rides, Deliveries

Ride-hailing giants Uber and Lyft are tacking on a fuel surcharge for customers to help drivers offset the cost of record-high gas prices.

Rick Sobey | Boston Herald
March 14, 2022
Business, Technology, Logistics

Uber’s Do-It-All Approach Stalls Pursuit of Profit

Another quarter passed, and Uber Technologies Inc. is a little further from its goal of posting an adjusted profit by the end of the year.

Lizette Chapman | Bloomberg News
August 5, 2021
Business, Technology, Autonomous

Lyft to Sell Autonomous-Driving Unit to Toyota for $550 Million

Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.

Lizette Chapman | Bloomberg News
April 26, 2021
Government, Business, Technology

Uber, Lyft Spend Big, Win in California Vote About Drivers

LOS ANGELES — Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections.

Brian Melley | Associated Press
November 4, 2020
Business, Technology, Logistics

Uber, Lyft Win Delay on Converting Drivers to Employees

Uber and Lyft were spared from having to rapidly convert their California drivers to employees after an appeals court agreed they can keep their business models in place while challenging a judge’s order to comply with a state labor law.

Joel Rosenblatt | Bloomberg News
August 20, 2020
Government, Business, Technology

Uber Takes Shot at Lyft in Defense to Gig-Worker Suit

Uber Technologies Inc. is trying to duck a California lawsuit that threatens to upend its business model — by pointing a finger at Lyft Inc.

Joel Rosenblatt | Bloomberg News
July 16, 2020
Business, Logistics

Lyft Suggests Drivers Work for Amazon After Ridership Plummets

Amazon.com Inc. is teaming up with Lyft Inc. on recruiting the ride-hailing company’s drivers to deliver packages and groceries as the pandemic keeps people indoors.

Lizette Chapman | Bloomberg News
March 27, 2020
Business, Technology

Lyft to Cut 2% of Staff in Pursuit of a Profit Next Year

Lyft Inc. will eliminate about 90 jobs as the unprofitable ride-booking company seeks to deliver on a promise to stop losing money by the end of next year.

Lizette Chapman | Bloomberg News
January 29, 2020

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