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Massachusetts Votes to Let Uber, Lyft Drivers Unionize
Passage of the state ballot measure gives about 70,000 ride-share drivers the right to organize and engage in collective bargaining, which is not guaranteed to them under federal law.Business - Inc. - 7 hours ago -
Uber and Lyft Drivers in Massachusetts Win Right to Unionize
A state ballot measure was the first of its kind in the United States, but labor advocates worry it could lock Uber and Lyft drivers out of full-time employment status.Tech - The New York Times - 5 hours ago -
Waymo, Uber, Lyft Are Biggest Winners From Tesla's Robotaxi Flop
Tesla’s disappointing Robotaxi event highlighted how late the company is to the autonomous-vehicle race, leaving the door wide open for its competitors.Business - The Wall Street Journal - October 11 -
Protesters Say Uber and Lyft Are Still Failing Their Blind Passengers
At a protest in San Francisco, blind Uber and Lyft users claim that the ride-hailing companies aren’t doing enough to prevent drivers from turning them away.Tech - Wired - October 20 -
Lyft launches voter transportation initiative
Ride-hailing service Lyft announced that it will offer discounted rideshare, bike-share and scooters on Election Day, an initiative designed to increase transportation access for voters, according ...Politics - The Hill - October 16 -
Lyft shares soar 20% on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership ...Business - MarketWatch - 1 hour ago -
FirstFT: Uber explored bid for travel website Expedia
Also in today’s newsletter, Kamala Harris locks horns with Fox News interviewer Bret Baier and Wall Street roars backWorld - Financial Times - October 17 -
Uber explored takeover bid for Expedia
Buying travel website would be ride-hailing group’s biggest deal as it looks to diversifyBusiness - Financial Times - October 16 -
Uber’s drive for ‘super app’ status
The ride-hailing app is exploring a takeover of Expedia, which would be its biggest deal yetWorld - Financial Times - October 21 -
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.Business - The Wall Street Journal - October 30 -
Uber CEO Dara Khosrowshahi | 5 Questions
The Uber chief executive on company culture, competing with Amazon, and Elon Musk’s robotaxisBusiness - Financial Times - October 15 -
Uber Mulls Expedia Takeover Bid: FT
Uber is considering an Expedia takeover bid, the FT reported. CEO Dara Khosrowshahi was once Expedia's CEO. Uber stock fell overnight. Expedia jumped.Sports - Yahoo Sports - October 16 -
Expedia stock jumps on report of acquisition interest by Uber
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.Business - MarketWatch - October 17 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - 6 days ago -
Uber ate my money, but it won’t listen when I try to complain
You can give up trying to make contact, even when it involves reporting suspected fraud. Uber and Uber Eats debited seven unauthorised payments, totalling more than £100, from my debit card. I ...World - The Guardian - October 14 -
Uber has discussed a bid for travel booking company Expedia
Uber has discussed a potential bid for the travel booking company Expedia, CNBC confirmed.Business - CNBC - October 17 -
Uber reportedly weighed buying Expedia. Analysts have reservations.
Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform. ...Business - MarketWatch - October 17 -
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Uber reports third-quarter results that beat Wall Street's revenue expectations
Uber reported third-quarter results Thursday that beat analysts' expectations for revenue.Business - CNBC - 6 days ago -
Uber logs an earnings beat — but misses on a closely watched industry metric
Uber’s stock is falling after a miss on gross bookings, which measures the dollar value of things like rides and delivery orders.Business - MarketWatch - 6 days ago -
Lyft told drivers they could make more than $30 an hour. The FTC says it deceived them.
Lyft made “deceptive” earnings claims about how much money drivers could expect to make per hour and how much they could earn in special incentives, the Federal Trade Commission said Friday in ...Business - MarketWatch - October 25 -
Lyft pays $2.1 million to settle case alleging the ride-hailing service deceived drivers
Lyft is paying $2.1 million to settle a lawsuit accusing the ride-hailing service of exaggerating how much money drivers could make while the company was trying to recover from a steep downturn in ...Tech - ABC News - 5 days ago -
How much food is Israel letting into northern Gaza?
Israel has been accused of deliberately withholding food aid from people in northern Gaza.Top stories - BBC News - October 17 -
Biden is letting Israel and Ukraine call the shots
The U.S. is a superpower seemingly stripped of agency.Politics - The Hill - October 17 -
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Kevin Hassett: ‘They let inflation get out of control’
Trump ‘supports’ Fed independence, but ‘wants to have his voice heard’, says former president’s ex-economic adviserWorld - Financial Times - October 18 -
Microsoft Will Let Clients Build Their Own AI Agents
In November, customers can start using Copilot Studio to make their own AI apps to perform many routine tasks.Business - Inc. - October 21 -
Liam Payne song postponed to 'let family mourn'
Singer Sam Pounds, who worked with Payne on Do No Wrong, says "it's not the time yet" to release it.Top stories - BBC News - October 30 -
Don’t let Trump drag America ‘back to before’
Some might be excused for being fooled by Trump in 2016, but they will not be fooled again.Politics - The Hill - Yesterday -
Don’t Let Trump Make America Into an Image of Himself
We cannot become what he wants us to be.Top stories - The New York Times - Yesterday -
Liberalism just won — let’s embrace it and work together
Donald Trump's victory in the 2024 election has presented an opportunity for Democrats to curb the corporate-regulatory state monster and work collaboratively on shared goals, while also allowing ...Politics - The Hill - 6 hours ago -
ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live
Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...World - The Guardian - October 17 -
New York woman charged with pepper-spraying Muslim Uber driver as he prayed
A New York woman has been charged with assault as a hate crime after she allegedly pepper-sprayed her Muslim Uber driver as he praying at a red light, prosecutors said Thursday.Top stories - NBC News - 6 days ago -
Woman who allegedly pepper-sprayed Muslim Uber driver while he was praying charged with hate crime
A New York woman who allegedly pepper-sprayed a Muslim Uber driver while he was praying was hit with hate crime charges, according to officials. Jennifer Guilbeault, 23, was indicted Monday in the ...Politics - The Hill - 6 days ago -
Awkward silences and backseat romances: what a week of riding Uber Pool reveals about Sydney
Elias Visontay rides aimlessly to see how friendly or antisocial Sydneysiders really are. Along the way he discovers why many drivers can’t stand Uber Pool. Follow our Australia news live blog ...World - The Guardian - 4 days ago -
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesBusiness - Financial Times - October 14