Lyft CEO: ‘Let’s stop doing that, please’
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from…
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Lyft
Lyft shares slide on weak sales, disappointing ride totals
Lyft shares slid in late on Wednesday (Aug 6) trading after the ride-hailing company reported revenue that fell short of Wall Street’s expectations, stoking concerns about its efforts to…
Bigger fonts and no trucks: How Lyft designed its new app for older riders
Getting older can be a time when declining vision, hearing, and cognitive abilities may mean it’s no longer safe to drive. It may even lead to giving up your driver’s license. In theory,…
Uber and Lyft drivers in California could get the right to unionize under this bill
Two California Democrats have introduced a bill that would allow rideshare drivers to bargain with gig companies, including Uber and Lyft, for better pay and certain benefits. The measure,…
California in settlement talks with Uber, Lyft over wage theft claims
In early 2020, thousands of drivers — led by Southern California advocacy group Rideshare Drivers United — filed claims with the state against Uber and Lyft. They alleged the companies had…
Lyft posts muted first-quarter bookings and profit outlook
LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA…
Supreme Court turns down challenge of California labor lawsuits by Uber, Lyft
WASHINGTON — The Supreme Court refused Monday to hear appeals from ride-hailing companies Uber and Lyft, which were asking to block California state labor lawsuits that seek back pay for…