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Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement announced Thursday by Massachusetts Attorney General Andrea Campbell, in a deal that also includes ...
Uber’s settlement represents more than 3% of the $9.23 billion in revenue it generated last quarter. And Lyft’s settlement comes to nearly 4% of the $1.02 billion in revenue it reported .
More than 100,000 current and former Uber and Lyft drivers statewide could see more money in their pockets. Two settlements totaling $328 million — $290 million from Uber and $38 million from ...
Uber and Lyft settled investigations into whether they took pay from drivers for a price tag of $328 million. ... News. Shopping. Main Menu. News.
Internet-based ride-hailing company Uber isn't making money … and it may never make any money. As Uber prepares to go public, its drivers are on strike. It lost $3 billion last year. Stock in ...
Ride-sharing giant Uber (NYSE:UBER) made its long awaited debut on Wall Street in May, and it was one of the worst tech IPOs ever. The IPO was priced at $45 per share of Uber stock, at the low end ...
Uber's valuation at IPO this Friday, based on its tentative offering price, will be $84 billion. The company is seeking to raise as much as $9 billion, and is expected to be the year’s biggest U ...
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