June 11, 2020
Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will be considered employees under California’s new gig worker law, the state’s leading industry regulator said on Thursday. Shares in Uber and Lyft fell 5.3% and 4.2%, …
March 17, 2020
Each year technology’s promise of having autonomous vehicles ruling the roads seems to be a bit more fleeting, or at least a bit further off, but that hasn’t stalled the efforts of would-be makers of self-driving cars to deliver a …
March 17, 2020
Uber Technologies Inc. and Lyft Inc. Tuesday began suspending shared rides on their ride-hailing platforms in the United States and Canada to limit the spread of the coronavirus. The pooled option, which allows riders to book trips at lower prices …
December 19, 2019
Freelance writers and photographers on Tuesday filed the second legal challenge to a broad new California labor law that they say could put some independent journalists out of business. The law taking effect Jan. 1 aims to give wage and …
November 27, 2019
Uber Technologies Inc. and its rivals disrupted global transport, riding on a lack of regulation to drive exponential growth. Now, regulators are closing in. London’s transport authority banned Uber for a second time on Monday, citing concerns about customer safety …
November 22, 2019
Los Angeles police say they’ve cited a Lyft driver for misdemeanor battery after video showed him dragging a passenger out of a car. Alessandra Ward says she suffered a black eye, bruises and a possible concussion after the man pulled …
November 13, 2019
Your mother probably told you never to get in a car with a stranger. The multibillion-dollar global ride-hailing industry depends on your ignoring her. If they want to earn that trust, though, companies need to rethink the tradeoff they’ve long …
October 31, 2019
Some of the country’s largest ridesharing companies proposed a California law on Tuesday that would let them continue to treat drivers as independent contractors while also guaranteeing them a minimum wage and money for health insurance. The state Legislature enacted …
October 31, 2019
Ride-hailing company Lyft Inc. on Wednesday said higher-than-expected third-quarter revenues and an improved outlook showed it was well on its way to profitability by the end of 2021. As pressure to become profitable mounts in the ride-hailing industry, Lyft executives …
October 17, 2019
Uber Technologies Inc. and Lyft Inc. skipped a U.S. House of Representatives hearing the ride-hailing industry, angering lawmakers who threatened tighter regulation for the fast-growing market. The two ride-hailing companies had been asked to appear as part of a House …