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Tag Archives: Lyft

The student, who was missing for a week, disappeared after driving Lyft

Police and friends are investigating the disappearance of a 23-year-old student from the University of Utah, whose latest communication with her family was that she arrived at Salt Lake City International Airport five days ago. The Salt Lake Tribune reports that the police announced this on Friday Mackenzie Lueck's parents reported missing her last Thursday. Lueck wrote her parents a …

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Lions Gate Entertainment, Legg Mason, Lyft & more

Check out the companies that made headlines before the bell: Lions Gate Entertainment – Lions Gate received an informal offer from CBS to purchase its Starz cable network, sources have told CNBC. However, there is no deal before, according to sources. CBS submitted an offer to Starz before it was purchased by Lions Gate in 2016. Legg Mason – According …

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Bad loans have killed the taxi industry long before Uber and Lyft: report

The financial hardships of the taxi market in the city may not be entirely the fault of the traveling companies – the industry was a house of cards, waiting for the collapse, according to a report. A Sunday New York Times investigation The guilt of industry leaders who artificially inflated taxi medallions has increased fivefold over 12 years, creating a …

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According to Lyft, the drivers who are worried about the price increase could be booted

Ride-share drivers involved in the price increase will be deactivated after a report reveals that ride-share drivers at an airport in Washington, DC, have been coordinated to raise fares, said Lyft. The statement was made following a report by ABC subsidiary WJLA alleging that Lyft and Uber riders at Reagan National Airport had arranged to shut down their apps until …

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Uber and Lyft IPOs mean that the cheap rides come to an end

Uber Technologies Inc., like its competitor Lyft Inc., has no path to profitability unless it does one of two things: Get rid of drivers or increase prices. Expect that the Giant Deer try both, now Uber UBER, + 0.00% and Lyft LYFT, + 4.29% are public companies that face pressure from Wall Street every three months. But considering how long …

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