#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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#Uber reportedly in talks to sell flying taxi division

#Uber reportedly in talks to sell flying taxi division

“#Uber reportedly in talks to sell flying taxi division” Uber shares spiked more than 6 percent Wednesday after reports emerged that the company was looking into selling its flying taxi business. The ride-hail giant is in advanced talks to sell Uber Elevate to aerospace firm Job Aviation, Axios reported, with news of the talks coming…

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#Uber, Lyft stock soars after California Proposition 22 passes

#Uber, Lyft stock soars after California Proposition 22 passes

“#Uber, Lyft stock soars after California Proposition 22 passes” Uber and Lyft’s stock prices soared Wednesday after California voters allowed the ride-hailing giants to continue treating their drivers as independent contractors instead of employees. Uber shares surged 11.5 percent in premarket trading while Lyft’s spiked about 14.8 percent as of 7:54 a.m. after the passage…

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