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12 hours ago · The agreement requires Uber to pay $148 million and Lyft to pay $27 million to the state. At least $140 million will be paid out to drivers, according to a court filing. Campbell, a Democrat, made the announcement hours after Massachusetts' top court cleared the way for voters to decide whether to approve the industry-backed ballot measure ...
1 day ago · 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 a suite of benefits and protections.
1 day ago · The 52-week high for the LYFT share is $20.82, that puts it down -47.14 from that peak though still a striking 37.46% gain since the share price plummeted to a 52-week low of $8.85. The company’s market capitalization is $5.71B, and the average trade volume was 13.32 million shares over the past three months.
10 hours ago · Uber Technologies and Lyft on Thursday agreed to adopt a $32.50 hourly minimum pay standard for Massachusetts drivers and pay $175 million to settle a lawsuit by the state's attorney general alleging they improperly treated drivers as independent contractors who can legally receive lower compensation than employees.
1 day ago · The companies will also pay a combined US$175 million to the state to settle allegations they violated Massachusetts wage and hour laws. Uber and Lyft will put in place a minimum wage standard of US$32.50 per hour for active driving time, offer paid sick leave and pay a cash stipend for health insurance. PHOTO: REUTERS.
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1 day ago · Investigators said Juan Mata turned himself in on Friday. Earlier this week, investigators said he threw a brick through a Lyft driver's window and shot two women. BRAZORIA COUNTY, Texas — A man accused in a violent crime spree earlier this week is no longer on the run. The Brazoria County Sheriff ...
