LYFT Forex News

Uber, Lyft Settle With Massachusetts AG To Pay $175 Mln, Minimum Pay To Drivers

Uber, Lyft Settle With Massachusetts AG To Pay $175 Mln, Minimum Pay To Drivers

Rideshare and delivery network companies Uber Technologies, Inc. and Lyft, Inc. have agreed to a minimum pay standard of $32.50 per hour to its drivers, in a lawsuit settlement with Massachusetts Attorney General. The drivers are also entitled to a suite of benefits and protections. The companies also agreed to pay a combined total of $175 million to the state to resolve allegations...
RTTNews | 110 days ago
Uber, Lyft, DoorDash Drivers To Strike On Valentine's Day

Uber, Lyft, DoorDash Drivers To Strike On Valentine's Day

Drivers of rideshare and delivery network companies Uber Technologies, Inc., Lyft, Inc., and DoorDash, Inc., are calling for a strike on Valentines Day, February 14, citing mistreatment by the app companies over wages and safety. As per two driver groups, drivers will picket in several U.S. cities located near airports demanding changes from Uber, Lyft, DoorDash, and all the app companies...
RTTNews | 246 days ago
Lyft Co-founders To Step Down; Names David Risher CEO

Lyft Co-founders To Step Down; Names David Risher CEO

Ride-hailing company Lyft, Inc. announced a management shakeup with co-founders Logan Green and John Zimmer deciding to step down from their day-to-day roles as chief executive officer and president, respectively. The company has named David Risher, who previously worked with Amazon and Microsoft, as its new chief executive officer with effect from April 17.
RTTNews | 568 days ago
Uber And Lyft Can Treat Drivers As Contractors, California Appeals Court Rules

Uber And Lyft Can Treat Drivers As Contractors, California Appeals Court Rules

A California appeals court has ruled in favor of gig economy companies including rideshare and delivery network companies Uber Technologies, Inc., Lyft, Inc., and DoorDash, Inc., allowing them to continue to treat their drivers as independent contractors in the state. The latest court move overturns a 2021 decision by a lower court in California that barred the companies to follow Proposition 22.
RTTNews | 582 days ago
Lyft Launches Media And Advertising Business

Lyft Launches Media And Advertising Business

Ride-hailing company Lyft announced its foray into the media and advertisement business with the launch of Lyft Media as part of its vision to build the world's largest transportation media network. Lyft Media has built a suite of new products to allow advertisers to engage with Lyft's growing audience throughout their transportation journeys.
RTTNews | 799 days ago