Uber and Lyft race to IPO finish line

Dec 10, 2018
Potentially, Uber or Lyft will get to plant the first flag in a new public business: ride-hailing apps. Click the audio player above to hear the full story.

How Lyft's IPO could challenge Uber's dominance abroad

Dec 6, 2018
Uber’s valuation still dwarfs Lyft’s, as both companies prepare to go public in 2019.
A Lyft driver is waiting for a ride in the city on Feb. 3, 2016 in San Francisco, California. 
Mike Coppola/Getty Images for Lyft

NYC guarantees minimum wage for ride-share drivers

Dec 6, 2018
The New York City Council voted in August to give the Taxi and Limousine Commission the authority to determine a minimum wage for contract drivers for Uber and Lyft. The commission set the rate this week at $17.22 an hour, plus expenses for things like taxes and car maintenance. A statement from Uber said the […]
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Lyft a step closer to becoming a publicly traded company

Dec 6, 2018
The number of shares to be offered and the price range for the proposed offering have not yet been determined.
The number of Lyft shares to be offered and the price range for the proposed offering have not yet been determined.
Kelly Sullivan/Getty Images for Lyft

Scooters could improve mobility in low-income areas, but they have an image problem

Dec 5, 2018
They can be left anywhere, which riles wealthy communities. But that might make them surprisingly effective in underserved neighborhoods.
A user rides a Spin scooter in San Francisco.
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Uber and Lyft are offering discounted or free rides to the polls on Tuesday

Nov 5, 2018
What's in it for the ride-sharing businesses?
Photo by Spencer Platt/Getty Images

For public good, not for profit.

Uber and Lyft are driving toward IPOs

Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Spencer Platt/Getty Images

Uber and Lyft are driving toward IPOs

Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Spencer Platt/Getty Images

New York stopping Uber and Lyft in their tracks for a year

The city council is temporarily banning new permits for the popular rideshare services due to increasing concerns about traffic, as well as the impact they have on taxi drivers.
A person uses the Uber app on his iPhone in Times Square in New York City. 
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