Latest Lyft Inc News

FILE - In this Aug. 28, 2019, file photo, supporters of a measure to limit when companies can label workers as independent contractors display banners in support of the bill during a rally at the Capitol in Sacramento, Calif. California newspaper companies would have two more years to comply with a state law requiring them to treat newspaper delivery people like employees rather than contractors, under a bill that took its first step in the Legislature on Tuesday, Aug. 11, 2020. (AP Photo/Rich Pedroncelli, File)

California could give newspapers a 2-year labor law reprieve

Aug. 11, 2020 4:47 PM EDT

SACRAMENTO, Calif. (AP) — California newspaper companies would have two more years to comply with a state law requiring them to treat newspaper delivery people like employees instead of contractors, under a bill that took its first step in the Legislature on Tuesday. The same bill would require state...

Nautilus, HD Supply rise; Uber, Inovio fall

Aug. 11, 2020 4:23 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday: Uber Technologies Inc., down $1.06 to $31.21. A judge ordered the ride-hailing giant and its competitor Lyft to treat their California drivers as employees, not independent contractors. Occidental Petroleum Corp., down $1.32 to...

FILE- In this Jan. 31, 2018, file photo, a Lyft logo is installed on a Lyft driver's car next to an Uber sticker in Pittsburgh. On Monday, Aug. 10, 2020, a California judge ordered ride-hailing companies Uber and Lyft to treat their drivers as employees, not contractors. It's the first ruling in what is expected to be a drawn-out legal battle over implementation of a new state law relating to the gig economy. The companies will likely appeal the ruling, which would delay its implementation. (AP Photo/Gene J. Puskar, File)

California judge rules Uber, Lyft drivers are employees

Aug. 10, 2020 7:51 PM EDT

SACRAMENTO, Calif. (AP) — A judge on Monday ordered ride-hailing giants Uber and Lyft to treat their California drivers as employees instead of independent contractors, a shift that would guarantee benefits like overtime, sick leave and expense reimbursement for workers who make up much of the freewheeling...

FILE - This Aug. 9, 2019 file photo, the logo for Uber appears above a trading post on the floor of the New York Stock Exchange.  Uber lost $1.78 billion in the second quarter of 2020 as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus. Its food delivery business grew as more people ordered in, but that growing part of its business didn’t turn a profit.  (AP Photo/Richard Drew, File)

Uber lost $1.8B in 2Q as riders stayed home and ordered in

Aug. 6, 2020 6:52 PM EDT

NEW YORK (AP) — Uber lost $1.78 billion in the second quarter as the pandemic carved a gaping hole in its ride-hailing business, with millions of people staying home to reduce the spread of the coronavirus. It's pinning its hopes in part on its booming food-delivery business, but that bustling corner of...

Lyft driver Joni Bicknese checks her phone app between riders Thursday, July 23, 2020, in Nashville, Tenn. Business became dismal after what she calls Nashville's quadruple-whammy: a tornado, coronavirus closures, protests that rocked downtown, then more closures.Bicknese chose to keep driving because she didn't think she could make her car and insurance payments on unemployment. (AP Photo/Mark Humphrey)

Tornado, virus, protests rattle Nashville rideshare economy

Jul. 29, 2020 1:11 AM EDT

NASHVILLE, Tenn. (AP) — After driving for Lyft for six years, Joni Bicknese decided to invest in a minivan at the beginning of 2020, reasoning that she could make more money if she could transport more riders. Then came what she calls Nashville’s quadruple-whammy: a tornado, coronavirus closures,...

App-based drivers win lawsuit over NY unemployment benefits

Jul. 28, 2020 6:53 PM EDT

NEW YORK (AP) — Unemployed drivers for apps like Uber and Lyft must get their unemployment benefits promptly, a federal judge ruled Tuesday in a decision that said the state Department of Labor had 45 days to clear a backlog. U.S. District Judge LaShann DeArcy Hall granted a preliminary injunction to the...

A man passes a parked Revel scooter on New York's Upper West Side, Tuesday, July 28, 2020. The moped sharing startup Revel suspended its New York City service Tuesday, July 28, 2020 after its second customer death in 10 days. The company's blue scooters, which require no training to rent, had been seen as an alternative to taxis and subways during the coronavirus pandemic. (AP Photo/Richard Drew

Revel suspends NYC scooter service after 2nd fatal crash

Jul. 28, 2020 12:59 PM EDT

NEW YORK (AP) — Ride-sharing scooter startup Revel said Tuesday it is suspending operations in New York City after a second fatal crash in less than two weeks. Revel tweeted that service “will be shut down until further notice” as it reviews safety and rider accountability measures. The...

Maryland man files suit, claiming officer knelt on his neck

Jul. 21, 2020 11:04 AM EDT

ANNAPOLIS, Md. (AP) — A Black man is suing police in Anne Arundel County alleging that a white police officer pressed a knee to his neck even when he yelled that he couldn't breathe. The Capital Gazette reported Monday that the suit names the county, its police department and three detectives. Daniel...

Audrey Reed, 8, holds up a sing through the sunroof of a car during a rally in Los Angeles, Monday, July 20, 2020. Thousands across the country walked off the job to protest systemic racism and economic inequality that has worsened during the coronavirus pandemic. (AP Photo/Jae C. Hong)

Workers protest racial inequality on day of national strike

Jul. 20, 2020 9:28 PM EDT

NEW YORK (AP) — Workers from the service industry, fast-food chains and the gig economy rallied with organized labor Monday to protest systemic racism and economic inequality, staging demonstrations across the U.S. and around the world seeking better treatment of Black Americans in the workplace....

Lawsuit seeks to designate Uber, Lyft drivers as employees

Jul. 14, 2020 4:07 PM EDT

BOSTON (AP) — Massachusetts Attorney General Maura Healey is asking for a court ruling recognizing Uber and Lyft drivers as employees under the state’s wage and hour laws. The lawsuit, filed in Suffolk Superior Court, challenges the designation of drivers as independent contractors by the ride...