Investors are starting to understand the value of ride-sharing companies like Uber and Lyft, despite ongoing concerns about their ability to generate a profit, the finance chief of one of Russia’s biggest internet companies said. “What the Uber and Lyft trading performance is telling us i...
The ruling is a defeat for labor unions and their allies in the state Legislature who passed a law in 2019 requiring companies like Uber and Lyft to treat their drivers as employees. "Today the Appeals Court chose to stand with powerful corporations over working people, allowing companies to b...
sharing companies like Uber and Lyft,regulations have resulted in the companies being celebrated for their ethical behavior. not kept them from being successful and respected. been inadequate and ambiguous. managed to keep up with a new business m...
Like Uber, Didi has yet to report a profit. In 2018, the firm racked up losses totaling $1.6 billion. The arrival of lossmaking ride-sharing companies like Uber andLyfton the public markets hasn’t exactly been met with joy from investors. Both companies’ stock prices have fallen...
Vote Put off on Rules for Ride-Hailing Companies like UberThe City Council Budget Committee voted Wednesday to defer a bill that would require Uber, Lyft...Pang, Gordon Yk
Transportation Network Companies (TNCs), like Uber, Lyft, and Via, are often hailed as “the future of public transport”— providing a customized, convenient solution that claims to take cars off the road. Many describe these as ride-sharing or ride-hailing services — using the two terms ...
President Joe Biden’s administration recentlyenacted new standardson the classification of workers as independent contractors. Companies like Lyft and Uber say the rules wouldn’t impact how they classify their drivers, though some warn that it could depend on how the Labor Department decides to ...
The right way to handle congestion Capping the number of for-hire vehicles will do little to alleviate the problem THE rise of ride-hailing firms like Uber and Lyft has been a boon for passengers. But it hasn’t been good for everyone. Licensed cabbies lament the extra competition. Drivers...
it's important—which is why companies like sony and bosch are joining the fray. the ranks of companies in the ride-sharing game have swelled far beyond the likes of uber and lyft, past the self-driving gurus like google sister company waymo, past even the established automakers. getty imag...
The study urges services like Uber and Lyft to work to increase the number of pooled rides. It also urges the two companies to increase the number of electric vehicles on the road and to improve connections to public transportation centers. Both Uber and Lyft have said in the past that mos...