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Ride-Sharing Stocks a Rare Bright Spot in Otherwise Miserable Day for Tech
Lyft stock closed up more than 8%, while Uber gained 2.6%.
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Gig Companies Prepare to Bring Their Fight for Independent Work Nationwide Under a More Skeptical Biden Administration
State lawmakers working on bills to protect gig workers told CNBC that the outcome in California does not necessarily portend the future in their own states.
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DoorDash Stock Falls After Company Drops First Earnings Report Since Going Public
DoorDash stock fell Thursday after the company dropped its first earnings report since going public in December.
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Uber Loses a Major Employment Rights Case as the UK's Top Court Rules Its Drivers Are Workers
The U.K.’s Supreme Court upheld a ruling that Uber’s drivers should be classified as workers rather than independent contractors.
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Uber Proposes California-Style Gig Work Reforms in Europe
Uber urged EU policymakers to implement reforms that protect drivers and couriers operating through an app, without reclassifying them as employees.
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Lyft Stock Rises More Than 10% After Company Reports Signs of Pandemic Recovery
Lyft reported fourth-quarter losses of $458.2 million for the fourth quarter of 2020.
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Stocks Making the Biggest Moves After Hours: Twitter, Lyft, Enphase Energy and More
See which stocks are posting big moves after the bell on Feb. 9.
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Future Amazon CEO Andy Jassy Was Jeff Bezos' ‘Shadow' for Months: ‘I Participated in All of His Meetings'
Amazon’s next CEO, Andy Jassy, once gave Jeff Bezos advice that led to Amazon Web Services. Jassy has since steered AWS to great success.
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Baker Carves Up $16.5 Billion Mass. Transportation Bill With Vetoes
Fees on ride-hailing services such as Uber and Lyft will not increase in Massachusetts after Gov. Charlie Baker vetoed a new proposed fee structure while signing a $16.5 billion transportation bond bill on Friday. Baker gave his approval to almost all of the multi-year spending authorizations, but rejected several major transportation policy proposals that the Legislature packed into the wide-ranging…
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Police Search for Suspects in Lyft Carjacking
Authorities are looking for two men accused of robbing a Lyft driver’s car at gunpoint Wednesday, according to Massachusetts State Police. The 44-year-old Weymouth man picked up two men in a 2018 gray Nissan Altima in Dorchester on Wednesday afternoon, police said, and was asked to drive them to the W.B. Mason store on Summer Street. When the driver...
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Search for Men Behind Armed Carjacking in Boston
Police are searching for suspects in an armed carjacking of a Lyft driver in Boston’s Seaport Wednesday evening.
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A Look Back at the CNBC Disruptor 50: 8 Years, 209 Companies
A brief history of the CNBC Disruptor 50 list, with details on every start-up that made the list between 2013 and 2020.
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Mass. Legislature Agrees to $626M Economic Development Bill Amid Flurry of Moves
After 16 hours, Massachusetts lawmakers just wrapped up a marathon session around 4:45 a.m.
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Mass. Lawmakers Pass Number of Bills in Marathon Session
In a marathon session overnight, Massachusetts lawmakers passed a number of bills.
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Mass. State Lawmakers Pass Bills Overnight
Massachusetts lawmakers passed a number of bills overnight in a marathon session.
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For Mental Health Start-Up Modern Health, Pandemic-Fueled Growth Created Whole New Set of Anxieties
Modern Health founder and CEO Alyson Watson had to remind employees that their mental health comes first during a year of anxiety amid the coronavirus pandemic.
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This 23-Year-Old Earns $25,000 a Year—Here's Why He Still Invests as Much as He Can
Despite keeping a tight budget, Gillespie makes investing a priority because he views it as a path to financial security and future wealth.
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Two Travel-Related Stocks Look Like Buys as Airlines, Hotels and Cruises Sell Off, Trader Says
“We like the hybrid approach,” said trader Quint Tatro, naming Uber and Lyft as two of his favorite plays.
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Buying an Electric Scooter Was the Best Thing I Did in 2020 — Here's Why
At the start of 2020, I found myself riding around on electric scooters in lieu of more costly Uber and Lyft rides, so in February, I decided to bite the bullet and buy my own.
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This 23-Year-Old Uber Driver Earns $25,000 a Year—Here's His Biggest Splurge
Although Jerone Gillespie sticks to a tight budget, he doesn’t hesitate to splurge on books. He believes investing in knowledge will pay off down the road.