#Uber, Lyft competitor busted not charging sales tax

#Uber, Lyft competitor busted not charging sales tax

“#Uber, Lyft competitor busted not charging sales tax” A new ride-sharing app that advertised lower prices than Uber and Lyft launched in New York City over the weekend — but was forced to raise fares after admitting Tuesday that it was not charging some riders sales tax. Co-op Ride, which has billed itself as an…

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#Uber, Lyft boost driver pay as demand for rides soar

#Uber, Lyft boost driver pay as demand for rides soar

“#Uber, Lyft boost driver pay as demand for rides soar” Ride-hailing companies Uber and Lyft are boosting driver pay in a desperate effort to meet soaring demand for their services as the pandemic wanes. In some major cities, including Denver and Philadelphia, Lyft drivers are making $44 and $43 an hour respectively, while Uber drivers…

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#Uber, Lyft team up on database to expose abusive drivers

#Uber, Lyft team up on database to expose abusive drivers

“#Uber, Lyft team up on database to expose abusive drivers” Uber and Lyft have teamed up to create a database of drivers ousted from their ride-hailing services for complaints about sexual assault and other crimes that have raised passenger-safety concerns for years. The clearinghouse unveiled Thursday will initially list drivers expelled by the ride-hailing rivals…

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#Lyft shares surge on hopes it will turn a profit this year

#Lyft shares surge on hopes it will turn a profit this year

“#Lyft shares surge on hopes it will turn a profit this year” Lyft’s stock price soared Wednesday on hopes that the ride-hailing giant could finally become profitable once it recovers from its coronavirus-fueled downturn this year. Shares in the Uber rival jumped about 11 percent to $59.40 in premarket trading after executives said there’s a…

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