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Lyft Inc

Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

by Walter Watson
Google IPO banker tracks two-decade journey from Silicon Valley upstart to  trillion

Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated IPOs …

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Delta, United compete to be America’s luxury airline

by Franz Hernandez
Delta, United compete to be America’s luxury airline

An Airbus A330-323 aircraft, operated by Delta Air Lines. Benoit Tessier | Reuters Delta Air Lines is the country’s most profitable airline. CEO Ed Bastian’s challenge is to make sure …

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Trustly posts 51% profit jump; CEO says IPO at least 2 years out

by Edgar Davis
Trustly posts 51% profit jump; CEO says IPO at least 2 years out

Trustly CEO Johan Tjarnberg. Trustly The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year or two away from happening, …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

A trader works on the floor at the New York Stock Exchange on May 8, 2024. Brendan Mcdermid | Reuters The Dow Jones Industrial Average traded higher Wednesday, trying to …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Stocks close lower The three major indexes finished Monday’s session lower. The Dow lost 0.3%, while the S&P 500 ticked lower by around 0.1%. The Nasdaq Composite slid 0.4%. — …

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All of AMC’s revenue growth came from Taylor Swift and Beyoncé films

by Walter Watson
All of AMC’s revenue growth came from Taylor Swift and Beyoncé films

Popcorn buckets are pictured during the “Taylor Swift: The Eras Tour” concert movie world premiere at AMC The Grove in Los Angeles on Oct. 11, 2023. Valerie Macon | AFP …

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EV boat maker Arc debuts a premium wake sport model for $258,000

by Horatio Thompson
EV boat maker Arc debuts a premium wake sport model for 8,000

Arc Boat Company’s fully electric Arc Sport model gets four to six hours of typical use on a single charge. Arc Boat Company Arc Boat Company began sales of its …

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Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

by Edgar Davis
Lyft CEO takes blame for ‘extra zero’ in Q4 earnings release

Lyft CEO David Risher took responsibility for the major error that appeared in the company’s fourth-quarter earnings release, telling CNBC’s “Squawk Box” that it’s “super frustrating” for everyone on the …

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Lyft shares jump over 37%, retaining some gains after forecast error

by Walter Watson
Lyft shares jump over 37%, retaining some gains after forecast error

An empty Lyft pick-up area is shown as rideshare drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow …

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Lyft shares jump on earnings beat, guidance

by Walter Watson
Lyft shares jump on earnings beat, guidance

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Lyft shares rose …

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