Uber And Lyft Get Creative With Numbers… The Creative Accounting Of Today Is Reminiscent Of The Late 1990s Dot-Com Bubble

Uber Technologies Inc., Lyft Inc. and other big startups going public now have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with unusual alternatives for measuring their performance. So far, investors aren’t buying it. START TRADING NOW […]

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Uber And Lyft Drivers Strike For Better Pay

STOCK MARKET NEWS TODAY — FINANCIAL AND BUSINESS NEWS — SMN.TODAY —Finding an Uber or Lyft became harder in New York, Los Angeles and other major cities Wednesday as drivers went on a work stoppage to call attention to what they consider to be low wages and lack of job security. The protest came against […]

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Lyft Has Threatened Litigation Against Morgan Stanley

Lyft Against Morgan Stanley | BY SANDRO VILLA | STOCK MARKET NEWS TODAY | In a letter sent to Morgan Stanley on April 2, Lyft questioned the firm about its alleged role in helping market certain products that would help pre-IPO investors bet against the stock. CNBC reviewed a copy of this letter, which was signed by […]

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