Lyft shares suffer biggest fall in more than a year despite 1st quarterly profit
Lyft shares tumbled to their biggest loss in more than a year on Wednesday after the ride-hailing app reported gross bookings that spooked investors.
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Lyft shares tumbled to their biggest loss in more than a year on Wednesday after the ride-hailing app reported gross bookings that spooked investors.
The state Supreme Court upheld Proposition 22 Thursday, allowing so-called gig economy workers to keep status as independent contractors. Anne Makovec reports. (7-25-24)
Dozens of ride-share and delivery drivers gathered on the steps of the California Supreme Court ahead of the oral arguments to possibly overturn Proposition 22.
Lyft shares jumped 62% after the bell Tuesday thanks in part to a typo in the ride-hailing company's earnings release that sent investors' auto-trading algorithms — also known as "bots" — into a buying frenzy.
Lyft said its drivers will earn at least 70% of their clients' fares after external fees such as insurance and taxes.
San Francisco-based rideshare company Lyft is being sued by a Florida woman who says she was sexually assaulted multiple times by one of its drivers.
Bay Wheels regional bikeshare program will add 2,000 next-generation e-bikes and 55 additional docking stations in San Francisco, San Jose, Oakland, Berkeley and Emeryville.
Ride-hailing company Lyft is rolling out a new feature that will allow women drivers to choose female riders in a move to both improve safety and encourage more women to sign up as drivers.
Lyft began the year mired in the same ditch it ended in last year.
Ride-hailing and food delivery companies say extreme violence is rare among the millions of trips completed each week by gig workers, despite three recent high-profile incidents in Florida.
Lyft co-founders Logan Green and John Zimmer are relinquishing their leadership roles to make way for a former Amazon executive as the ride-hailing service struggles to recover from the pandemic while long-time rival Uber has been regaining its momentum.
A jury in San Francisco convicted a man of first-degree murder in the 2021 killing of an Afghan refugee who was working as a driver for Uber and Lyft.
In just the past month there have been nearly 50,000 job cuts across the technology sector, many involving Silicon Valley firms.
The layoffs that had been announced last week were confirmed Thursday at local tech company Lyft, raising questions about what the loss of jobs will mean for the wider Bay Area economy.
Ryan Yamamoto reports on significant layoffs being announced or anticipated at several San Francisco tech giants (11-3-2022)
Rideshare company Lyft plans to announce layoffs for 13% of its workforce, or 700 employees, in a company meeting Thursday morning, stating the company was preparing for a recession and other challenges.
Tens of thousands of Californians who are part of the gig economy working for companies like Uber, Lyft, Doordash and Instacart are pushing to unionize.
Lauren Toms reports on gig workers organizing to unionize across California (10-12-2022)
Sara Donchey reports on how spiking gas prices are leading some rideshare drivers to get electric vehicles (10-5-2022)
The spiking price of gas across California is hitting one segment of the state's work force particularly hard, forcing some rideshare drivers to make a major change to avoid the cost.
A number of victims of sexual and physical assault are suing San Francisco-based Lyft for their failure to protect passengers and drivers.
Kiet Do talks to one of the plaintiffs in lawsuits filed against Lyft over assaults on passengers and drivers (8-31-2022)
Giana Franco reports on lawsuits filed against Lyft by passengers and drivers who were assaulted while using the app (8-31-2022)
Police in Fremont said a Lyft driver was sprayed in the face with pepper spray during a dispute with a customer last week.
AB5 was intended to give transport workers more workplace protections, but for truckers who own and operate their own rigs, they said it may be the end of the road. John Ramos reports. (7/5/22)
A man who allegedly led American Canyon officers on a high-speed chase that ended in a crash into a power pole early Thursday morning was arrested on suspicion of drug and weapon possession, police said.
An Oakland business is bucking a troubling trend in the city's Hegenberger corridor which has seen establishments close down because of crime concerns.
More than 2 million homes and businesses still had no power after Hurricane Milton hit Florida hard.
The U.S. government is "absolutely not" diverting hurricane and disaster relief funds to subsidize the care of migrants, the top Customs and Border Protection official told CBS News.
A non-native mosquito capable of spreading dengue, chikungunya, Zika and yellow fever has been found in a Pleasanton neighborhood, county officials said Thursday.
A man who allegedly led American Canyon officers on a high-speed chase that ended in a crash into a power pole early Thursday morning was arrested on suspicion of drug and weapon possession, police said.
An Oakland business is bucking a troubling trend in the city's Hegenberger corridor which has seen establishments close down because of crime concerns.
More than 2 million homes and businesses still had no power after Hurricane Milton hit Florida hard.
The U.S. government is "absolutely not" diverting hurricane and disaster relief funds to subsidize the care of migrants, the top Customs and Border Protection official told CBS News.
A non-native mosquito capable of spreading dengue, chikungunya, Zika and yellow fever has been found in a Pleasanton neighborhood, county officials said Thursday.
CBS News Bay Area is providing live coverage on air and online of the San Francisco Fleet Week Parade of Ships Friday morning.
San Francisco Mayor London Breed on Thursday celebrated new data showing the number of people living in tents in the city has hit the lowest point in six years, despite some critics calling those numbers misleading.
Two San Francisco police officers were hospitalized with injuries Thursday after an attempted traffic stop of a wanted vehicle that attempted to ram the officers' patrol car before fleeing and rolling over in the Bret Harte neighborhood.
With thousands of military men and women in San Francisco for Fleet Week, security concerns have heightened law enforcement 05preparations along the waterfront.
Police in San Francisco on Thursday announced the recent arrest of a 17-year-old in connection with a shooting on Aug. 21 outside Galileo Academy of Science and Technology that injured a student.
An Oakland business is bucking a troubling trend in the city's Hegenberger corridor which has seen establishments close down because of crime concerns.
A non-native mosquito capable of spreading dengue, chikungunya, Zika and yellow fever has been found in a Pleasanton neighborhood, county officials said Thursday.
Less than a month from Election Day, Alameda County District Attorney Pamela Price spoke at a rally Thursday taking a stand against her upcoming recall.
Livermore police have arrested four people since Oct. 1 for allegedly possessing 15 stolen guns for sale, a pound of methamphetamine, and stolen bicycles.
Police in Oakland are investigating three separate armed robberies early Wednesday morning that happened under similar circumstances within a short distance of each other, authorities said.
At Levi's Stadium -- home to the San Francisco 49ers -- there is a winning strategy to address a warming planet, nine stories above the gridiron.
For four decades, Pizza My Heart has been a beloved fixture in the Santa Clara community, serving quality pizza and fostering a strong local spirit.
While stroke rehabilitation is often a difficult road, a South Bay couple is providing local patients some valuable support.
British band Coldplay announced Tuesday that they will play at Stanford Stadium in 2025, as part of a series of North American dates in their long-running "Music of the Spheres" world tour.
Some people in Palo Alto finding ways to adapt, wearing summer sandals and sunglasses, pulling out an umbrella to shield themselves from the sun, and finding cool spaces.
A man who allegedly led American Canyon officers on a high-speed chase that ended in a crash into a power pole early Thursday morning was arrested on suspicion of drug and weapon possession, police said.
A man hauling a horse trailer from Petaluma to Oregon last month allegedly spilled liquid hazardous waste from the trailer all over Santa Rosa, authorities said.
A fire at a Novato landfill was billowing smoke across the area and prompted an advisory from air regulators.
Authorities in Mendocino County on Monday announced details of a massive operation targeting illegal cannabis grows, saying that 30,000 plants were seized at more than a dozen sites last month.
John McMahon, who is from Solano County and a member of the American Red Cross North Bay Chapter, is working as a damage assessment manager in Georgia, sending teams out daily to survey and identify storm damage across 60 counties in the state.
Brayden Schenn scored 45 seconds into overtime and the St. Louis Blues spoiled an impressive debut from No. 1 overall pick Macklin Celebrini to beat the San Jose Sharks 5-4.
Brock Purdy threw for 255 yards and three touchdowns, and the San Francisco 49ers avoided another fourth quarter collapse to beat the Seattle Seahawks 36-24.
The Golden State Valkyries have found their head coach with Las Vegas Aces assistant Natalie Nakase taking the job.
The San Francisco 49ers have dropped three games since their season-opening Monday Night Football win over the New York Jets, with two of those loses coming after a fourth-quarter collapse.
Getting into the red zone hasn't been a problem early this season for the San Francisco 49ers, who have gotten past the opponent's 20-yard line more than all but one team in the NFL.
A man who allegedly led American Canyon officers on a high-speed chase that ended in a crash into a power pole early Thursday morning was arrested on suspicion of drug and weapon possession, police said.
Two San Francisco police officers were hospitalized with injuries Thursday after an attempted traffic stop of a wanted vehicle that attempted to ram the officers' patrol car before fleeing and rolling over in the Bret Harte neighborhood.
Police in San Francisco on Thursday announced the recent arrest of a 17-year-old in connection with a shooting on Aug. 21 outside Galileo Academy of Science and Technology that injured a student.
The San Mateo County Sheriff's Office said a registered sex offender from Mountain View was arrested Wednesday evening after he allegedly exposed himself and made criminal threats against residents in a Woodside neighborhood.
A 12-member jury was selected Thursday in the trial of Nima Momeni, the man accused of fatally stabbing tech executive Bob Lee.
Skeptics say CEO Elon Musk has yet to show Tesla's self-driving system can travel safely without human supervision.
On Tuesday evening, Oakland's Public Safety Committee met to consider whether to renew the contract for the city's 20-year-old ShotSpotter program.
Jury selection began Tuesday in the trial against Nima Momeni – the man accused of fatally stabbing tech executive Bob Lee in the early morning hours of April 4, 2023.
The attorneys general of more than a dozen states and Washington D.C. claim TikTok falsely claims its platform is safe for children.
With jury selection looming in the trial of Nima Momeni, his defense team is seeking to bar Bob Lee's ex-wife from court.
While stroke rehabilitation is often a difficult road, a South Bay couple is providing local patients some valuable support.
At UCSF Benioff Children's Hospital at Mission Bay, an extraordinary meeting of super heroes took place where the sky was the limit.
Two dairy workers in California were infected with bird flu, the 15th and 16th human cases detected in the U.S. this year.
Flu vaccine effectiveness in South America was 35% against hospitalization.
A Bay Area start-up is behind a testing procedure endorsed by social media influencers like Kim Kardashian that that is rapidly gaining popularity, despite warnings from leading medical experts of possible negative consequences.
The U.S. government is "absolutely not" diverting hurricane and disaster relief funds to subsidize the care of migrants, the top Customs and Border Protection official told CBS News.
San Francisco Mayor London Breed on Thursday celebrated new data showing the number of people living in tents in the city has hit the lowest point in six years, despite some critics calling those numbers misleading.
Less than a month from Election Day, Alameda County District Attorney Pamela Price spoke at a rally Thursday taking a stand against her upcoming recall.
Former President Barack Obama spoke candidly to Black men at a campaign field office in Pittsburgh, urging them to get behind Vice President Kamala Harris' candidacy.
Funding for public schools is a big issue on the November ballot with more than ten billion dollars on the line in the statewide ballot measure Prop 2.
The latest installment of the "CBS Mornings" series, "The State of Spirituality with Lisa Ling" focuses on a Lutheran pastor who is trying to form an inclusive community by just being himself.
Thousands of transgender individuals are seeking asylum in the United States, fleeing countries where being themselves can mean persecution or even violence. A Bay Area organization is making it possible for them to find safety and acceptance.
This Sunday, downtown Oakland will come alive with color, music, and celebration as big crowds gather for the 14th Annual Oakland Pride Parade and Festival.
The Riot Party held at Kapwa Gardens was a powerful reminder of the progress made in the fight for LGBTQ rights and the work that remains.
Oakland native Shay Franco-Clausen arrived at the Democratic National Convention hoping to witness history with fellow Oakland native Kamala Harris officially accepting the party’s nomination to run for President. Ryan Yamamoto reports.
The 2024-2025 prime-time programming lineup of CBS Originals features three new dramas, two new comedies, a reimagined classic game show, special event programming and much more.
The Chapel and show promoter (((folkYEAH!))) have teamed up with SF Live to present another free weekend concert Saturday featuring an international array of modern psychedelic-rock acts including Australia's the Babe Rainbow, Brazil's Boogarins, Minami Deutsch from Japan and more.
British band Coldplay announced Tuesday that they will play at Stanford Stadium in 2025, as part of a series of North American dates in their long-running "Music of the Spheres" world tour.
Cissy Houston performed alongside superstar musicians like Elvis Presley and Aretha Franklin.
Academy Award-winner Kathy Bates was certain she had neglected to mention her mom when she accepted the Oscar for "Misery" 33 years ago – until "Sunday Morning" showed her video proof.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
An Oakland business is bucking a troubling trend in the city's Hegenberger corridor which has seen establishments close down because of crime concerns. Kelsi Thorud reports.
Jessica Burch says the cooler temperatures will continue for the forseeable future as a typical fall weather pattern has emerged.
CBS News Bay Area evening headlines for Thursday, Oct. 10, 2024. Watch full newscasts streamed at the CBS SF website or on the app.
Devin Fehely reports on the theater production telling the story of the tragic Port Chicago explosion and the Black sailors who were exonerated earlier this year.
Anne Makovec reports on the "Faithful Farm" hidden atop the 49ers home in Santa Clara. Read more: https://www.cbsnews.com/sanfrancisco/news/levis-stadium-project-tackles-climate-change-at-its-root/
While stroke rehabilitation is often a difficult road, a South Bay couple is providing local patients some valuable support.
For nearly 50 years, a Vietnam veteran from San Francisco has served as a national champion for military veterans.
A beloved 88-year-old volunteer shows there's power in reading to children and her giving ways are an example for all ages.
At her home in San Jose, 91-year-old Terry Asquith looks back at how she's given the gift of life to at-risk babies. 50 years ago, she founded the nation's oldest nonprofit milk bank, Mothers' Milk Bank.
The only therapeutic pool of its kind on the Peninsula is back open again, thanks in large part to one local woman who dived in to save it.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.