Business

Lyft loses money again but eyes profits in about 2 years

Lyft is continuing to lose staggering sums of money as it barrels ahead with impressive revenue growth, but its executives said they believe the company will turn a corner and reach profitability in about two years.

Business

Walmart opens delivery services for all businesses

US shopping giant Walmart on Tuesday announced it was opening a delivery service for businesses, including other retailers, in its latest push to reposition itself and fend off Amazon's rise.

Business

France slams Ryanair 'blackmail' over job ultimatum

France on Tuesday denounced as "blackmail" an ultimatum from low-cost carrier Ryanair for its French employees to choose between a five-year pay cut or a number of redundancies in an escalating labour dispute.

Business

Uber, Lyft to stop Phoenix airport trips over higher fees

Uber and Lyft said they will make good on their threats to stop taking customers to and from the airport in the nation's fifth-largest city, creating confusion next year for travelers used to opening a phone app to catch ...

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