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Transportation IPO Review: Lyft And Uber Hit The Brakes

Transportation IPO Review: Lyft And Uber Hit The Brakes.....»»

Category: topSource: seekingalphaMay 15th, 2019

Ride-hailing giants face bumpy road to profitability

Ride-hailing giants Uber and Lyft have redefined what we expect from transportation. But it's unclear whether the companies can turn their popularity into profits. .....»»

Category: topSource: moneycentralMar 28th, 2019

Honolulu City Council bill would make ride sharing business model unworkable, Uber says

The bill would place a cap on pricing for transportation network companies like Uber and Lyft, similar to the cap on taxi fares that is currently regulated by the city......»»

Category: topSource: bizjournalsMay 22nd, 2018

Honolulu mayor vetos bill to limit ride-hailing surge pricing for Uber, Lyft

Honolulu Mayor Kirk Caldwell has decided to veto a bill that would have limited surge-pricing for ride-hailing or transportation network companies such as Uber and Lyft, a move that the two companies say would have made their business model unwork.....»»

Category: topSource: bizjournalsJun 19th, 2018

Report: Uber driver streaming 'The Voice' just before fatal Ariz. crash - Tribune-Review

Tribune-ReviewReport: Uber driver streaming 'The Voice' just before fatal Ariz. crashTribune-ReviewNational Transportation Safety Board/AP. Investigators examine a driverless Uber SUV that fatally struck a woman in Tempe, Ariz. An Arizona po.....»»

Category: topSource: googlenewsJun 22nd, 2018

Uber and Lyft are creating more traffic and congestion instead of reducing it, according to a new report

Spencer Platt/Getty Images According to a report conducted by transportation analyst Bruce Schaller, ride hailing services like Uber and Lyft are actually making traffic worse rather than reducing it — contrary to the companies' c.....»»

Category: topSource: businessinsiderJul 27th, 2018

Uber and Lyft are gaining even more market share over taxis and rentals

REUTERS/Bernadett Szabo How consumers use company-reimbursed private transportation companies is changing.  The numbers show rideshare companies are gaining market share over taxis and rentals. They have huge comp.....»»

Category: topSource: businessinsiderJul 30th, 2018

New York City puts the brakes on Uber, Lyft

The New York City Council voted on Wednesday to place a one-year freeze on new licenses for ride-sharing services like Uber and Lyft......»»

Category: topSource: foxnewsAug 8th, 2018

Uber, Lyft get permanent approval for Honolulu airport pickup

The pilot program that allow ride-sharing companies to pick up passengers at Honolulu’s Daniel K. Inouye International Airport is now permanent. The Hawaii Department of Transportation has allowed transportation network companies like Uber and L.....»»

Category: topSource: bizjournalsAug 15th, 2018

Uber and Lyft are having a devastating effect on public transportation, new research shows

Photo by Andreas Arnold/picture alliance via Getty Images Public transportation ridership has been declining so much in the.....»»

Category: topSource: businessinsiderJan 24th, 2019

Uber and Lyft Stocks Drive in Different Directions This Week

The two ridesharing leaders beat the market for a second consecutive week, but only one of them moved higher......»»

Category: topSource: foxnewsMay 25th, 2019

Uber, Lyft and the hard economics of taxi cab medallions

When a business is partially regulated, the part that isn’t performs in uneconomic ways......»»

Category: topSource: washpostMay 24th, 2019

Uber Earnings Next Week: Battle Between UBER & LYFT Continues

Zacks.....»»

Category: topSource: redinewsMay 24th, 2019

Uber and Lyft to turn the wheels on car ownership: industry experts

Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday......»»

Category: topSource: reutersMay 22nd, 2019

Lower pay and higher costs: The downside of Lyft"s rental program

Lyft and its rival Uber have struggled to attract enough drivers to meet demand. As the companies have sought to expand their fleets, they have tried to recruit workers whose ve.....»»

Category: topSource: moneycentralMay 21st, 2019

Report: Many Uber, Lyft drivers fail to respond to recalls

One in six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports......»»

Category: topSource: foxnewsMay 21st, 2019

Fare enough: Uber, Lyft surge ahead of cabs in Arizona lawmakers" campaign expense reports

WASHINGTON – The initial public offering of Uber shares this month fell short of expectations, but there’s at least one audience where the ride-hailing service dominates: members of Congress. Federal Election Commission reports for the 2017-201.....»»

Category: topSource: bizjournalsMay 20th, 2019

Uber, Lyft Drivers Game "Surge Pricing" At Reagan National Airport With Synchronized Scheme

Uber and Lyft drivers at Reagan National Airport have been gaming the system "every night, several times a night," by simultaneously turning off their rideshare apps for a minute or two so that the system is tricked into thinking there are no dr.....»»

Category: blogSource: zerohedgeMay 20th, 2019

Study Finds Some Uber and Lyft Drivers Racially Discriminate

Researchers who studied trips in Seattle and Boston said African-American users might wait up to 35 percent longer for rides than white users......»»

Category: worldSource: nytMay 20th, 2019

Uber Stock Will Outperform Lyft, But Is Uber Worth Buying?

InvestorPlace - Stock Market News, Stock Advice & Trading Tip.....»»

Category: topSource: investorplaceMay 17th, 2019

Fiverr, another gig-economy startup, files to go public

Even the semi-disastrous IPOs of Uber and Lyft don't appear to have stopped the flow of on-demand companies wanting to go public......»»

Category: topSource: moneycentralMay 17th, 2019