Lyft’s CEO David Risher says ‘My bad’ on margin error, ‘It was one zero’

“First of all, it’s on me,” Risher said in an interview with Bloomberg Television on Wednesday,…

Lyft shares rocket 60% then level to 17% on margin correction, stock still up

Lyft shares experienced a 67 percent surge but later retreated, losing most of the gains during…

Uber, Lyft, DoorDash drivers in US to strike on Valentine’s Day for fair pay

Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash will strike across…

Lyft will cut more than 1,000 jobs in cost-cutting push

Ride-hailing company Lyft Inc said on Thursday it would lay off about 1,072 workers, or 26%…

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

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