#lyft

8:12am, 11th June, 2020

Uber, Lyft drivers are employees, says California regulator

Drivers working for ride-hailing services such as Uber Technologies Inc and Lyft Inc will now be considered employees under California's new gig worker law, the state's public utilities agency said on Thursday.

Lyft violates Washington DC sick day law during pandemic, lawsuit claims

8:20pm, 29th May, 2020

News

Lyft violates Washington DC sick day law during pandemic, lawsuit claims

Lyft Inc was sued on Friday by a former driver who accused the ride-sharing company of failing to provide required paid sick leave to drivers in Washington, D.C., a policy she said could fuel the spread of the coronavirus.

California sues Uber, Lyft over misclassifying drivers as contractors

3:04pm, 5th May, 2020

News

California sues Uber, Lyft over misclassifying drivers as contractors

California and three of its largest cities on Tuesday sued Uber Technologies Inc and Lyft Inc , accusing them of classifying their drivers improperly as independent contractors instead of employees, evading workplace protections and withholding worke...

Lyft flags production delays for scooter, bike parts due to coronavirus

6:07pm, 28th February, 2020

News

Lyft flags production delays for scooter, bike parts due to coronavirus

Ride hailing company Lyft Inc said on Friday the coronavirus outbreak has led to production delays of certain automotive parts and components of bikes and scooters.

Lyft resumes shared electric bike rentals in NYC

7:28am, 19th February, 2020

News

Lyft resumes shared electric bike rentals in NYC

Lyft Inc will roll out a fleet of several hundred electric bikes for rent across New York City, the company said on Wednesday, 10 months after it pulled them following complaints and injury reports.

Lyft's IPO banks give troubled stock a flurry of 'buy' ratings

12:53pm, 23rd April, 2019

News

Lyft's IPO banks give troubled stock a flurry of 'buy' ratings

Lyft Inc received some badly needed support on Tuesday, as analysts at banks that had worked on its initial public offering urged clients to buy the ride-hailing company's beleaguered shares.

Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles

8:34pm, 17th April, 2019

News

Pinterest valued at $12.7 billion in IPO, sign of tech demand after Lyft struggles

Pinterest Inc's initial public offering set the online scrapbook company's valuation at $12.7 billion on Wednesday, above its expectations and a sign of strength for the tech IPO market after Lyft Inc's struggles.

Lyft falls further from IPO after receiving first 'sell' rating

1:28pm, 2nd April, 2019

News

Lyft falls further from IPO after receiving first 'sell' rating

Lyft Inc's stock sank further below its IPO price on Tuesday after receiving its first negative review from an analyst who is skeptical that consumers will give up car ownership in favor of relying on ride-hailing services.

Why some green investors are passing on Uber and Lyft

7:10am, 2nd April, 2019

News

Why some green investors are passing on Uber and Lyft

Some environmentally focused investors are not ready to buy into Lyft Inc or Uber Technologies Inc, worried about the climate impact of this year's two most closely watched initial public offerings.

Lyft gives up debut gains in second day of trading

6:36pm, 1st April, 2019

News

Lyft gives up debut gains in second day of trading

Shares of ride-hailing company Lyft Inc crashed below their initial public offering price in just their second day of trading on Monday, matching the speed at which Facebook Inc gave up its IPO price after a rocky debut nearly seven years ago.