Transportation

Business Highlights

___ Lyft's IPO lifts off at $72 a share, valuing company at $24B SAN FRANCISCO (AP) — Lyft set the price for its stock at $72 per share Thursday, setting the stage for the ride-hailing pioneer's hotly anticipated stock market debut.

Southwest says grounded jets contribute to lower revenue

Southwest Airlines says thousands of canceled flights, including 2,800 due to grounding its Boeing 737 Max 8 jets, are contributing to weaker bookings and $150 million less in first-quarter revenue than previously expected.