Uber, DoorDash, Lyft drivers to go on nationwide strike for fair pay
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Uber shares rally after announcing inaugural $7bn share repurchase program
February 14, 2024 7:16 AM EST(Updated - February 14, 2024 7:31 AM EST)
Uber (NYSE: UBER) shares are up more than 5% premarket Wednesday after it announced its inaugural share repurchase program.
The company has authorized the repurchase of up to $7 billion of the company's common stock. The repurchase program is... More
Uber, Lyft, DoorDash drivers to strike on Valentine's Day for fair pay
February 12, 2024 12:34 PM ESTBy Akash Sriram
(Reuters) -Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash are expected to go on strike across the United States on Valentine's Day for fair pay, drivers' groups said on Monday.
The demonstrations are set to take place about a week after Lyft said it would guarantee weekly earnings for drivers, a first in the U.S. ride-hailing industry as it looks to lure more drivers to its platform.
"We are... More
