Tag: LYFT Inc

World

Tech corporations made massive pledges to battle racism final yr — right here's how they're doing thus far

Demonstrators collect on the Lincoln Memorial throughout a protest towards police brutality and racism on June 6, 2020 in Washington, DC.Win McNameeFinal June, social media feeds turned flooded with company statements about how corporations would promote racial fairness inside and past their workforce. The commitments got here after the police homicide of George Floyd sparked protests across the nation.One yr after these preliminary statements, many tech corporations appear to have met several of their initial goals whereas promising to increase their commitments to range and inclusion efforts and racial justice causes.This is how a few of tech's largest players stacked up:Airbnb2020 dedication: Airbnb mentioned it will donate a complete of $500,000 to the NAACP and the Black Lives Matter ...
Health

Each day U.S. information on May 25

Maryland Nationwide Guard Brigadier Basic Janeen Birckhead visits with a lady as she receives her Moderna coronavirus vaccine from Specialist James Truong (L) at CASA de Maryland's Wheaton Welcome Heart on May 21, 2021 in Wheaton, Maryland.Chip Somodevilla | Getty PhotosThe seven-day common of day by day Covid cases within the U.S. is beneath 25,000 for the primary time since June 19, information compiled by Johns Hopkins College reveals, because the tempo of latest infections continues a downward development.The nation is reporting about 24,900 day by day cases on common, down 22% from per week in the past.In line with the Facilities for Illness Management and Prevention, the U.S. is averaging 1.8 million vaccinations per day over the previous week, and about 49% of the U.S. inhabitants h...
Health

Each day U.S. information on May 24

A lady receives a shot of Johnson & Johnson Covid-19 vaccine at a pop-up vaccination middle on the seaside, in South Seashore, Florida, on May 9, 2021.Eva Marie Uzcategui | AFP | Getty Photographs9 states now have 70% of grownup residents with at the least one vaccine shot, Facilities for Illness Management and Prevention information revealed Sunday reveals, as nationwide Covid case and demise counts fell additional.The seven-day common of latest infections is about 25,300 per day as of Sunday, in accordance with information compiled by Johns Hopkins College, down 24% from per week in the past. The nation's every day demise toll, which is at present at almost 550 per day, can also be declining.U.S. share of the inhabitants vaccinatedAbout 49% of the U.S. inhabitants has at the least on...
Business

CDC says absolutely vaccinated individuals need not put on face masks indoors or outdoor in most settings

Totally vaccinated individuals not have to put on a face masks or keep 6 ft away from others in most settings, whether or not outdoor or indoors, the Facilities for Illness Management and Prevention stated in up to date public well being steerage launched Thursday.There are a handful of situations the place individuals will nonetheless have to put on masks — in a health-care setting, at a enterprise that requires them — even when they've had their closing vaccine dose two or extra weeks in the past, CDC Director Dr. Rochelle Walensky advised reporters at a press briefing. Totally vaccinated individuals will nonetheless have to put on masks on airplanes, buses, trains and different public transportation, she stated. "Anybody who's absolutely vaccinated can take part in indoor and out of doo...
Business

Basic Motors, Lyft, Match Group & extra

Check out a few of the greatest movers within the premarket:General Motors (GM) – The automaker earned $2.25 per share for the primary quarter, in comparison with a consensus estimate of $1.04 a share, although income was very barely under forecasts. GM mentioned its outcomes had been helped by robust auto pricing in addition to stable credit score efficiency at GM Monetary. GM shares rose 3.5% in premarket buying and selling.Lyft (LYFT) – Lyft lost 35 cents per share in the course of the first quarter, however the ride-hailing firm's loss was smaller than the 53 cents a share that analysts had been anticipating. Income exceeded forecasts, as did the variety of lively riders in the course of the quarter. Its shares rallied 5.7% in premarket buying and selling.Match Group (MTCH) – Match Gro...
Business

Lyft earnings Q1 2021

Trip-hailing firm Lyft confirmed continued indicators of pandemic restoration in its first-quarter earnings report Tuesday. The corporate beat on the highest and backside traces and exceeded Wall Street's rider expectations for the quarter.Shares of Lyft had been up 7% in after-hours buying and selling following the report.Listed below are the important thing numbers Lyft reported:Loss per share: 35 cents vs. 53 cents per share anticipated in a Refinitiv survey of analystsIncome: $609 million vs. $558.7 million anticipated by RefinitivLively riders: 13.49 million vs. 12.8 million anticipated in a FactSet surveyIncome per lively rider: $45.13 vs. $44.50 anticipated per FactSetIt is troublesome for buyers to check year-over-year numbers from the corporate, because the Covid-19 pandemic start...
Business

Uber Q1 2021 earnings

Uber beat estimates on the highest line and dramatically improved its internet losses in its first quarter however missed on income.Shares initially gained in after-hours buying and selling earlier than dipping greater than 4.5%.This is how Uber did versus expectations:Loss: 6 cents vs. 54 cents anticipated, in line with a consensus of analysts surveyed by Refinitiv.Income: $2.90 billion vs. $3.29 billion anticipated per Refinitiv.It is tough for buyers to check year-over-year numbers from the corporate, because the Covid-19 pandemic started to take maintain a 12 months in the past and severely restricted journey. Nonetheless, ride-hailing firms are starting to bounce back from their pandemic lows as coronavirus vaccines roll out and restrictions are eased.General, Uber's internet loss was...