Justin Udo/KYW Newsradio
Justin Udo
June 20, 2019 - 8:02 pm
NEW JERSEY (KYW Newsradio) — New Jersey Gov. Phil Murphy signed a law Thursday requiring ride-hailing vehicles to take some extra precautions to help ensure their passenger’s safety. Sami's Law is named after the New Jersey woman who was abducted and killed in South Carolina back in March after she...
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Man with orange jacket and sunglasses stopping taxi in the city street
Vera Agency/Getty Images
Mark Abrams
June 15, 2019 - 4:00 am
NEW JERSEY (KYW Newsradio) — Gov. Phil Murphy is expected to sign into law a bill that would require New Jersey ride-hailing companies to roll out more passenger-protection and driver ID measures. The bill is known as Sami's Law and it's named in memory of Robbinsville, New Jersey native Samantha...
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Tero Vesalainen/Getty Images
Mike Dougherty
June 06, 2019 - 3:34 pm
PHILADELPHIA (KYW Newsradio) — As reliance on Uber and Lyft expands, lawmakers in Pennsylvania sat in on a public hearing to learn what it's like to work for those companies. Drivers say working conditions have deteriorated in the past couple of years and it's only gotten worse with both ride-...
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Rise-share services.
Tero Vesalainen/Getty Images
June 04, 2019 - 4:00 am
By Amy E. Feldman, Judge Technology Solutions PHILADELPHIA (KYW Newsradio) — Who wants to drive my kids to their activities? Not Uber or Lyft. A New Orleans rap artist known as GameOva Reedy was recently arrested for not what you're thinking. She called a Lyft to take her son to school. It seems...
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Uber CEO Dara Khosrowshahi
Richard Drew/AP
May 13, 2019 - 11:40 am
NEW YORK (AP) — Uber shares were down 8% in morning trading and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's rare to see shares in a tech...
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FILE - In this Wednesday, May, 8, 2019 file photo, drivers for ride-hailing companies Uber and Lyft hold a rally at a park near Los Angeles International Airport.
Damian Dovarganes/AP Photo
May 11, 2019 - 4:37 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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The statue of Fearless Girl stands in front of the New York Stock Exchange before Uber, the world's largest ride-hailing service, holds its initial public offering, Friday, May 10, 2019.
Mark Lennihan/AP Photo
May 10, 2019 - 12:51 pm
By Cathy Bussewitz, Michael Liedtke and Tom Krisher AP Business Writers NEW YORK (AP) — Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets. The ride-hailing giant sold shares in the IPO at $45...
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Jonathan Harris and Christina Kraft
Montgomery County District Attorney's Office/Facebook
Jim Melwert
May 09, 2019 - 12:11 pm
UPDATED: 6:40 p.m. PHILADELPHIA (KYW Newsradio) — It took jurors about 5 1/2 hours to find the man who killed a model in her Ardmore condo guilty of first-degree murder. Jonathan Harris showed little reaction as the verdict was read and he was found guilty of first-degree murder, kidnapping and...
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Philadelphias Uber hub near PHL airport
Tim Jimenez/KYW Newsradio
Tim Jimenez
May 08, 2019 - 6:46 am
UPDATE: 1:48 p.m. PHILADELPHIA (KYW Newsradio) — Unions representing Uber and Lyft drivers are calling a national day of action on Wednesday, pushing for many of those drivers to stay off the road, and encouraging riders to do the same. Philadelphia drivers gathered to protest at the Uber hub near...
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Lyft said Tuesday it lost $1.14 billion in the first three months of the year, primarily due to stock-based compensation and other expenses connected to its initial public offering.
Scott Olson/Getty Images via CNN
May 07, 2019 - 6:56 pm
By Seth Fiegerman, CNN Business (CNN) -- Lyft said Tuesday it lost $1.14 billion in the first three months of the year, primarily due to stock-based compensation and other expenses connected to its initial public offering. With those costs excluded, Lyft's net loss for the quarter was $211.5...
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