GM gets $300 million windfall from Lyft investment
In 2016, General Motors put down $500 million on Lyft. That paid off with a $300 million gain last quarter.
finance and investmentsbusiness and industry sectorsbusiness
Climate protesters block access to London Stock Exchange
Environmental activist group Extinction Rebellion blocked the entrance to the London Stock Exchange Thursday as climate change protests continued in the British capital.
Oil bidding war: Occidental trumps Chevron's deal for Anadarko
A bidding war has emerged in America's shale oil patch.
Iran, Venezuela, Libya: Inside the 'high wire act' facing oil markets
Washington's crackdown on Iran is just the latest global flashpoint rippling through increasingly tight oil markets.
Mueller calls out Americans who unwittingly helped Russian trolls
Special Counsel Robert Mueller chose to lay out in detail in his Russia investigation report the role that prominent Trump campaign officials, Trump critics and the media unwittingly played in promoting messages sent by a Russian troll group with links to the Kremlin. The details could serve as a warning to Americans to think before they tweet.
Uber readies its massive IPO after long, bumpy road
Two years ago, Uber was nearly derailed by allegations of sexism and harassment, a damning investigation into its workplace culture and the exodus of nearly all of its C-suite.
SEC sides with Exxon by blocking major climate vote
ExxonMobil has dodged a climate change shareholder vote — with some help from the SEC.
Lyft falls below IPO price on second day of trading
Lyft fell below its IPO price on its second day of trading.
Lyft drivers question company's future as public company
As Lyft becomes a public company, there's one group of people that faces an uncertain future: its drivers.
Lyft rises 8.7% on its first day of trading
For years, Uber tried to bulldoze ahead of Lyft and other rivals through a mix of aggressive fundraising and dirty tricks. At one point in 2017, Uber's former CEO, Travis Kalanick, was caught bragging on video that it was "a piece of cake" to compete with L
Trump calls for overhaul of mortgage system
The Trump administration is calling on federal agencies to draft plans to overhaul the nation's housing finance system, years after the US government seized the mortgage giants Fannie Mae and Freddie Mac.
Lyft's latest driver perks: bank accounts, car repairs
Lyft continues to look for new ways to lure drivers to its platform.
US oil prices hit $60 a barrel for the first time since November
US oil prices have spiked 40% since Christmas Eve thanks to OPEC's aggressive production cuts.
Levi's, Lyft could kick IPO market into high gear
It's unicorn season on Wall Street.
Lyft plans to raise more than $2 billion in its IPO
Lyft has set a price range for its initial public offering, which could value the company at about $20 billion.
Watchdog: Venezuela's oil industry at risk of collapse
Venezuela's oil industry is at risk of collapsing due the problems with the economy and power grid, according to the International Energy Agency.
First Warn Forecast
