He praised the management of this market leader with a big competitive advantage. The post Billionaire Bill Ackman just ...

Lyft reported the results as it starts to produce positive free cash flow and as it tries to improve profitability. Rides, active riders and service speeds improved during the quarter.

Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival ...

Uber has set its gross bookings forecast between $42.0 billion and $43.5 billion for the current quarter. Analyst expectations were closer to the higher end of that range. The company also projects ...

Competition for Uber and Lyft is rolling into Canada. Estonian company Bolt announced Tuesday that it has launched its Hopp ...

Major hedge fund manager Bill Ackman announced a big stake in Uber last Friday. The stock rocketed on the news. However, there are several risks in Uber's stock to consider before buying. Last week, ...

Former Tesla executive Jorge Milburn said on Monday that no autonomous ride providers will be able to compete with the EV ...

Holland-based Kode Health Inc. raised $27 million from venture capital investors that it will use to further build out the ...

Billionaire Bill Ackman is the CEO of Pershing Square Capital Management, a hedge fund that returned 191% in the last five ...

Bill Ackman is one of the most widely followed investment managers in the world. He's in charge of Pershing Square Capital, a ...

Federal law and the policies of both companies prevent drivers from refusing to transport service dogs and their owners, so News 8 contacted Lyft and Uber for comment.