Latest Lyft Inc News

Visa, Mastercard shun Facebook's Libra digital currency plan

Oct. 11, 2019 6:54 PM EDT

NEW YORK (AP) — Visa and Mastercard on Friday announced their departure from Facebook's Libra project, a major setback to the social network's plan for a worldwide digital currency. Along with the two payment giants, several other large companies have said they're exiting Libra. Payment processing company...

Chicago mulls hiking fares for ride-hailing solo downtown

Oct. 11, 2019 6:20 PM EDT

CHICAGO (AP) — Chicago officials are considering an increase in ride-hailing fees for solo riders traveling downtown, in a move aimed at reducing traffic congestion and pushing more drivers to pick up passengers in the city's predominantly minority areas. Mayor Lori Lightfoot said she will recommend the...

Hybrid and electric car owners see $75 fee in car-tab bills

Oct. 6, 2019 10:05 AM EDT

SEATTLE (AP) — Beginning this month, hybrid-vehicle owners in Washington state will start paying an annual $75 car-tab fee to finance electric-car charging stations they'll never use. The little-known increase is labeled "Hybrid Vehicle Transportation Electrification" on bills from the state Department of...

Uber launches app to help gig workers find jobs in Chicago

Oct. 3, 2019 2:52 PM EDT

NEW YORK (AP) — Uber is launching an app that aims to make it easier for gig workers to line up jobs. The app connects workers in Chicago with potential jobs such as as bartending, cooking, cleaning, working an assembly line and setting up events. It aims to give workers more details about potential jobs,...

City gardens, public produce stands ease 'food desert' woes

Sep. 20, 2019 11:02 AM EDT

ATLANTA (AP) — On his way home, Darnell Eleby paused before boarding the commuter train in Atlanta's Five Points station and maneuvered his wheelchair to a stop not seen on many mass transit platforms: a fresh food stand stocked with colorful fruits and vegetables. Aided by a volunteer, he filled a basket...

Airbnb says it will go public in 2020

Sep. 19, 2019 4:37 PM EDT

Airbnb Inc. said Thursday it plans to go public in 2020, a long-awaited move by the home-sharing company that is both loved and reviled for its disruption of the hotel business. Airbnb disclosed the news in a brief statement. It didn't give a target date for the initial public offering or say why it thinks the...

Seattle mayor wants to impose per-ride tax on Uber, Lyft

Sep. 19, 2019 1:29 PM EDT

SEATTLE (AP) — Seattle would charge a new 51-cent tax on each Uber and Lyft ride in the city, and use some of that money to finish the downtown streetcar, under a proposal released by Mayor Jenny Durkan. The Seattle Times reports that Durkan expects to get about $25 million a year from the tax. She'd like...

California adds wage, benefit protections for gig workers

Sep. 18, 2019 7:17 PM EDT

SACRAMENTO, Calif. (AP) — California's governor on Wednesday signed sweeping labor legislation that aims to give wage and benefit protections to rideshare drivers at companies such as Uber and Lyft and to as many as a million workers across other industries. The closely watched proposal could have national...

WeWork delays its IPO amid tepid investor interest

Sep. 17, 2019 4:03 PM EDT

NEW YORK (AP) — WeWork's parent company put its stock market debut on the backburner Tuesday, struggling to drum up investor enthusiasm for a fast-growing enterprise that spread trendy communal office spaces across the globe while piling up massive losses. The We Company dropped plans to begin a so-called...

Police: Lyft driver arrested on lewd conduct charge

Sep. 17, 2019 3:19 PM EDT

COLCHESTER, Vt. (AP) — Police say a Lyft driver in Vermont has been accused of lewd and lascivious conduct. Colchester police say the driver was transporting a woman from Burlington to Colchester early Saturday. WCAX-TV reports when she complained that the backseat was too cold, the driver allegedly said...