Police Light Generic
May 04, 2019 - 9:39 am
PHILADELPHIA (KYW Newsradio) -- Newark Police say a man pretending to be a driver for a ride-hailing service held a woman at knifepoint and sexually assaulted her near the University of Delaware. Authorities say the 21-year-old victim was walking near South Chapel Street and Delaware Avenue around...
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Uber app
Richard Drew/AP, file
April 26, 2019 - 1:45 pm
NEW YORK (AP) — Ride-hailing giant Uber is aiming to raise $9 billion in its mammoth initial public stock offering that, while smaller than initially expected, still dwarfs most stock market debuts. The San Francisco-based company expects to be valued at $80.5 billion to $91.5 billion, falling well...
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In this Tuesday, Jan. 31, 2017, file photo, the Slack app is displayed on a mobile phone in New York.
Mark Lennihan/AP Photo, File
April 26, 2019 - 12:15 pm
NEW YORK (AP) — Work messaging platform Slack is taking the next step in filing to go public, the latest in several highly anticipated tech IPOs. In documents posted with the Securities and Exchange Commission Friday, Slack Technologies Inc. says it posted a loss of $138.9 million on revenue of $...
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FILE - In this Friday, March 22, 2019 file photo, a participant takes a very smoky puff from a marijuana cigarette during at meet and greet at "Tommy Chong's Live, Love, and Smoke Tour hosted by GreenTours in the Woodland Hills section of Los Angeles.
AP Photo/Richard Vogel, File
April 19, 2019 - 3:49 pm
LOS ANGELES (AP) — Potheads have for decades celebrated their love of marijuana on April 20, but the once counter-culture celebration that was all about getting stoned now is so mainstream Corporate America is starting to embrace it. No, Hallmark doesn't yet have a card to mark "420." But many...
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Evan Sharp, Pinterest co-founder and chief product officer
Ben Margot/AP, file
April 08, 2019 - 11:33 am
NEW YORK (AP) — Pinterest, among a gaggle of tech companies planning to go public this year, hopes to raise as much as $1.5 billion in its initial offering of shares. The digital scrapbooking site said in a regulatory filing Monday that it will put about 75 million shares up for sale at a price...
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It's easy to take for granted just how much on-demand services have changed our lives, starting with ride-hailing companies such as Uber and Lyft.
Shutterstock via CNN
April 04, 2019 - 7:55 pm
By Emanuella Grinberg, CNN (CNN) -- It's easy to take for granted just how much on-demand services have changed our lives, starting with ride-hailing companies such as Uber and Lyft. But every now and then, a jarring headline makes us wonder how it became so normal so quickly to jump into a...
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In this Jan. 31, 2018, file photo, a Lyft driver opens the Lyft app on his phone while waiting for a fare in Pittsburgh.
Gene J. Puskar/AP Photo, File
March 29, 2019 - 3:05 am
SAN FRANCISCO (AP) — Lyft had little trouble getting investors to hop on board its increasingly popular ride-hailing service, as its initial public offering fetched a $72 per-share price that exceeded even its own expectations. The next big test comes Friday morning when the San Francisco company's...
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child in a car seat
Ian Bush
March 18, 2019 - 9:51 am
PHILADELPHIA (KYW Newsradio) — When it comes to getting to and from Philadelphia International Airport, Uber and Lyft have new pint-sized competition in Kidmoto . The app does one thing: "It connects passengers seeking car seats to drivers who provide the convenience of installed car seats for...
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Lyft sticker applied to the rear window so a car
Gene J. Puskar/AP via CNN
March 18, 2019 - 8:41 am
By Chris Isidore, CNN Business (CNN) -- Lyft has set a price range for its initial public offering, which could value the company at about $20 billion. Lyft predicted investors would buy the stock for between $62 and $68 a share. The company expects to raise as much as $2.1 billion through the sale...
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Andrew Kramer/KYW Newsradio
Andrew Kramer
March 08, 2019 - 10:41 pm
UPPER DARBY, Pa. (KYW Newsradio) - With a room full of female Lyft drivers looking on, Girls Auto Clinic CEO Patricia Banks told the group that using synthetic oil is like getting a hard gel manicure -- it lasts longer. That was one of many ways Banks related to these women, who work for the ride...
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