Lyft Says Extra Zero in Earnings Report Was a Typo, Crushes Investors' Spirits

Gizmodo

It’s a truth universally acknowledged that typos can be embarrassing and frustrating. They can also, as ride-sharing company Lyft found out on Tuesday, make everyone forget that you actually had a pretty good year.

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A single mom in Ohio moved from a shelter to an apartment after switching from Lyft and Uber driving to being a full-time bus driver

Tech Insider : Economy
Uber and Lyft driver
Jayla stopped driving for Lyft and Uber to become a school bus driver.

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Nightmare on Wall Street: A Lyft typo projected profit to be 10x better than it really is.

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"A Nightmare on Elm Street."

New Line Cinema

Uber and Lyft drivers are staging a nationwide protest on Valentine's Day

Tech Insider : Economy
uber lyft drivers protest
Uber and Lyft drivers across the US plan not to drive on Valentine's Day to protest what they say is declining pay.

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An Uber and Lyft driver strike may force you to find another way home from the airport on Valentine's Day

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Uber and Lyft drivers at 10 US airports are planning to strike over midday on Wednesday.

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How to make better tips as a server: 6 workers share their secrets

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A woman paying her bill at the register with contactless payment.

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How much do Uber and Lyft drivers really make? It varies wildly depending on tips, car expenses, and how they calculate profits.

Tech Insider : Economy, Economy
Uber driver Estaphanie St. Just joins drivers for ride-hailing giants Uber and Lyft, as they hold a rally at a park near Los Angeles International Airport, Wednesday, May, 8, 2019, in Los Angeles.
Estaphanie St. Just, an Uber driver, rallies with other drivers for the ride-hailing giants Uber and Lyft at a park near Los Angeles International Airport in 2019 in Los Angeles.

AP Photo/Damian Dovarganes

Here's how much Lyft says its drivers make — and how much their expenses add up

Tech Insider : Economy
Lyft app.
Lyft said the typical US driver earns about $23 per engaged hour after accounting for some driving expenses.

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Lyft says it's going to give some of its drivers a pay bump

Tech Insider : Economy
Lyft app
Lyft announced that it would guarantee drivers get at least 70% of what riders pay, after fees.

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A boomer Uber driver's business had over $100,000 in earnings, but he estimates over half of that was lost to expenses and commissions. He shares why he plans to keep driving.

Tech Insider : Economy, Economy
Photo illustration of Dean Ceran.
Dean Ceran works for Uber between 50 and 60 hours a week. Driving expenses significantly reduce his business profits.

Dean Ceran

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