Tag: Business
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Lyft shares tank 26% on higher cost of getting drivers back on street
Lyft Inc stock plunged 26% after the ride hail company said that it would have to spend more heavily to attract drivers and forecast operating...
Shanghai residents turn to NFTs to record COVID lockdown
Shanghai residents are turning to the blockchain to preserve memories of the city's month-long lockdown, minting videos, photos and artworks capturing their ordeal as...
Amazon to get hearing that could overturn NY union vote
A U.S. National Labor Relations Board (NLRB) official said that Amazon.com Inc's objections to a landmark union election at a company warehouse in New York...
PepsiCo raises revenue forecast on boost
PepsiCo Inc beat estimates for quarterly revenue and raised its full-year forecast on steady demand for its sodas and snacks even in the face of...
Softbank – backed OLA electric to recall 1444 e-scooters
Softbank-backed Ola Electric said that it will recall 1,441 of its electric scooters, weeks after one of its vehicles caught fire, prompting a government probe...