Lyft’s Stock Soars 67% After ‘Clerical Error’ in Profitability Outlook | International Business News – Times of India

It was, without a doubt, a strong earnings report.Lyft Inc. projected adjusted earnings as much as…

Uber, Lyft to $328 million to settle wage-theft lawsuit in the US – Times of India

Ride-hailing platforms Uber and Lyft have agreed to pay a combined sum of $328 million to…

Wall Street ends on high note on strong US jobs data, bank stocks jump

Last Update: May 06, 2023, 02:07 AM IST Wall Street stocks rose on Friday, breaking a…

Lyft employees told to return to office, a day after more than 1,000 were laid off

CEO David Risher has asked the remaining employees to return to the office A day after…

US rideshare firm Lyft plans major staff cuts – Times of India

San Francisco: US Rideshare Service Lyft sent a message to employees on Friday that it was…

Dow Jones, S&P 500 and Nasdaq closed with slight gains

Last Update: April 22, 2023, 03:12 AM IST The broad-based S&P 500 also rose 0.1 percent…

Uber eyes profit in 2022 amid growing demand for airport, office rides

Uber Technologies said on Wednesday it will focus on delivering profits this year, with earnings plunging…

Why Lyft is headed for its own recession

Lyft shares are up nearly 47% this month, after losing nearly three-quarters of their market value…