Lyft

A University of Southern California student was returning from a nightclub Halloween night when she was allegedly raped by her Lyft driver.

New York Attorney General Letitia James reached a historic $328 million settlement with rideshare companies Uber and Lyft, which were accused of stealing earnings from drivers.

The SEC said that Lyft was required to report details of the transaction because Lyft, which approved sale of the private sales, was a participant in the deal.

Ride-share giant Lyft is building on its existing business relationships by highlighting its Lyft Pass program to companies that are requiring workers to return to offices.

Uber says drivers in California using its ride-hailing service will now have to be at least 25 years old in a move aimed at reducing the growth of insurance costs.

Lyft CEO David Risher, who took over the reins of the rideshare company in April, bought 100,000 shares of the company, underscoring his confidence in its success.

Lyft CEO David Risher weighed in on surge pricing during the company's earnings call this week, saying Lyft rides with surge pricing went down 35% quarter-over-quarter.

The City of Minneapolis is considering a minimum wage for rideshare drivers while some states have already passed legislation setting a minimum wage for app-based workers.

Lyft said Monday it might sell or find a strategic partner for its bikes and scooters unit as the ridesharing company races Uber for more share of the market.

Another company is launching its rideshare business in the United States, a market that has long been dominated by Uber and Lyft. It's first market is Florida.

Lyft, whose been trying to gain market share from rival Uber, said it made improvements to its upfront pay feature to facilitate higher driver earnings.

Minnesota Gov. Tim Walz vetoed a bill that would have created a minimum wage for Uber and Lyft drivers, which had been opposed by the ridesharing industry.

Lyft and its rival, Uber, are finding two different ways to solve the same problem: offering cost-efficient modes of transportation amid the slowing economy.

Lyft has added new features to its app to make airport pickups less stressful for travelers. It's the company's latest challenge to rival rideshare service Uber.

Lyft reported a quarterly loss and revenue that came in better-than-expected, however the company's outlook fell short of analyst expectations.

CEO Dara Khosrowshahi said Tuesday rival company Lyft vying with Uber "sets up a competitive environment" in the U.S. market. Uber reported its earnings in the morning.

A slew of companies including Lyft, Dropbox, First Republic Bank and Gap revealed this week they plan to trim their headcounts. They join Disney and Amazon.

Lyft announced Thursday that it will lay off more than 1,000 employees as part of an effort to cut costs. The news comes shortly after new CEO David Risher took over.

The 3rd Circuit on Wednesday said evidence presented in the case showed that nearly two-thirds of Uber drivers never cross state lines, and only 2.5% of Uber trips are interstate.

Lyft's workforce will soon become 'significantly' smaller, according to a Friday staff-wide email from new Lyft CEO David Risher. The cuts will reportedly trim it by at least 1,200 workers.