An earnings typo sent Lyft’s stock price into the stratosphere

In an absolutely crazy turn of events, a typo in an earnings report caused Lyft shares to skyrocket nearly 70 percent after Tuesday's closing bell. There was an extra zero in the report that suggested a 5% margin increase in 2024, instead of a 0.5% margin. This sent investors into a tizzy, as the company … Read more

Lyft expands program that matches women and nonbinary riders to drivers

Lyft is expanding its Women+ Connect program to a number of new cities. This initiative originally launched in a but now its deployment is much greater. Women+ Connect does it It connects women and non-binary riders with similarly identifying drivers, and vice versa. This is an optional feature that aims to increase safety when traveling, … Read more

Uber, Lyft and DoorDash drivers are striking on February 14

It might be a challenge hailing a taxi from some airports on Valentine's Day this year. Thousands of rideshare and delivery drivers for Uber, Lyft and DoorDash plan to hold a protest on February 14 to demand fair wages and better safety measures, according to Reuters. The strike was announced last week by Justice for … Read more