Uber and Lyft Drivers Plan Strike Ahead of Uber's Much-Awaited IPO

"Wall Street investors are telling Uber and Lyft to cut down on driver income, stop incentives, and go faster to driverless cars," NYTWA Executive Director Bhairavi Desai said. "With the IPO ... Read More

The Second Order Consequences Of The Uber, Lyft And Beyond Meat IPO's

Lyft and several other so-called “unicorns.” While this in itself is newsworthy, one aspect not being talked about enough is that several of the biggest IPO’s are not technology companies in ... Read More

Huge Amount Group Files For IPO

but said it expects to price its IPO at $4 to $6 a share. The company has applied to list its shares on the Nasdaq Capital Market under the ticker OCP. Huge Amount said it plans to use proceeds ... Read More

GlobalFoundries IPO Closer With Confidential Filing: Report

GlobalFoundries has reportedly filed its intentions for an initial public offering, delivering more bad news for ... with its plan to go public next year. Now, the GlobalFoundries IPO plans ... Read More

Tata Play Set To File Confidential Filing For IPO

It was rebranded as Tata Play earlier this year before the plans for an IPO were announced ... balance sheets and so on. A confidential filing would allow companies to file draft documents without ... Read More

Why Lyft (LYFT) Stock Is Up Today

Lyft's shares are quite volatile and over the last year have had 49 moves greater than 5%. In context of that, today's move is indicating the market considers this news meaningful but not ... Read More

Consumer News

CBS News Miami's chief meteorologist Ivan Cabrera's weather outlook for South Florida. O.J. Simpson was famously acquitted in the 1994 slayings of his ex-wife, Nicole Brown Simpson, and her friend ... Read More

Lyft Inc Cls A

Lyft Inc offers a wide-ranging transportation platform in the U.S. and Canada, connecting riders with drivers via its mobile app. Beyond ridesharing, it includes bike and scooter sharing, car ... Read More

Why Lyft (LYFT) Shares Are Falling Today

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Lyft ... that the CPI (Consumer Price Index - a gauge ... Read More

Editorial: Uber and Lyft say they plan to leave Minneapolis. Here’s a cautionary tale for Chicago’s progressives.

That’s not a typo; such is the current consumer preference for ride-sharing. As recently as 2015, there were over 1,500 Minneapolis cabbies. Some 98 out of every 100 are gone. Meanwhile ... Read More

IPO Launch: Airbnb Finalizes $2.4 Billion IPO Plan

San Francisco, California-based Airbnb was founded to develop a two-sided marketplace between property hosts and consumer guests ... of its Class A stock in an IPO, according to an amended ... Read More

Alibaba logistics unit ends IPO plans in further setback for effort to unlock value

Cainiao’s withdrawal of its IPO plans further rolls back an initiative Alibaba laid out roughly a year ago that was meant to unlock shareholder value. The company said last March that it would ... Read More