GM’s Self-Driving Car Unit Skids Off Course
Cruise was once one of the bright spots in the tenure of GM CEO Mary Barra. Now both of its...
taxi
Who Should Eat the Cost of Pricier Delivery Menus?
Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. Source link
WSJ News Exclusive | Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link
Uber’s Business Is Finally Making Money After Years of Losses
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WSJ News Exclusive | Inside Lyft CEO David Risher’s Efforts to Bolster the Company
The new boss is considering options for Lyft’s bike fleet, with the company looking to sell the division or form...
The ‘Taxi Prince’ Is Taking on Uber—and Winning
Uber has been outmaneuvered in one of the world’s largest taxi markets by the man known as Japan’s taxi prince....
WSJ News Exclusive | Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs to Reduce Costs
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Lyft Hires New CEO as Founders Step Back Amid Struggles With Competition
David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a...
Why Lyft Is Headed for Its Own Recession
The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses. Source link
Didi Wins Approval to Restart New User Registration for Ride-Hailing Service
TechMove comes a year and a half after ride-hailing giant was targeted in a cybersecurity probe by Chinese authorities Source...
Biden Rule Would Add More Gig Workers to Company Payrolls
The Biden administration is proposing a new rule that could put more gig workers on company payrolls, scrapping a Trump...
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Uber Agrees to Pay Penalties After Overcharging People With Disabilities
The Justice Department said it settled a case with Uber Technologies Inc. that alleged the ride-hailing company wrongfully charged wait-time...
Massachusetts Court Blocks Gig-Worker Ballot Measure
The top court in Massachusetts blocked a ballot measure Tuesday that would have asked voters to classify gig workers as...
Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s UBER -4.65% revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused...
Uber Imposes New Customer Fees to Offset Gas Prices
Uber Technologies Inc. is imposing a temporary surcharge on U.S. customers to soften the blow to drivers from mounting gas...
Want to Fly Private Jets and Not Be ‘Flight Shamed?’ Try Hailing a Ride
There is nothing like a pandemic to highlight the advantages of flying private, but “flight shaming” looms large. As big...
Uber and Lyft Thought Prices Would Normalize by Now. Here’s Why They Are Still High.
Americans hailing an Uber or a Lyft ride still face elevated prices due to a shortage of drivers—the latest example...
Uber Grants Vacation Pay, Pensions to U.K. Drivers in Change of Job Status
Uber Technologies Inc. UBER -2.23% said it will grant its U.K. drivers an employment status entitling them to vacation pay...
