Uber shares dip as Lyft zooms with female drivers
Uber stock tumbled Wednesday after the ride-share and food delivery company reported a surprise first-quarter loss and a weak outlook moving forward — while shares of e-hail rival Lyft went…
Lyft, Uber plan to leave Minneapolis after city council forces them to hike driver pay
Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to…
Uber CEO Dara Khosrowshahi stunned by $52 fare charged for 3-mile ride in NYC
Uber’s loathed surge pricing left even its own CEO with sticker shock. A journalist who took an Uber from downtown Manhattan to interview the company’s boss Dara Khosrowshahi on the…
Lyft shares skid 35% over fears that Uber is speeding ahead
Lyft shares fell 35% on Friday after a bleak forecast fueled worries that the company will have to cut prices and sacrifice profit to avoid being a distant second to…
FTC probing accusations Uber bilking ‘Rewards’ customers: sources
The feds are probing accusations that Uber has been bilking customers as the ride-sharing giant winds down its “Uber Rewards” loyalty program, The Post has learned. In August, Uber said…