GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand – CNBC

General Motors CEO and Chairman Mary Barra told CNBC on Wednesday she is “cautiously optimistic” about consumer demand returning as well as a global economic recovery as businesses continue to reopen following shutdowns due to the coronavirus pandemic.  “We’ve been pleasantly surprised how demand has come back,” she said in a “Squawk Box” interview. Barra said the company… Continue reading GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand – CNBC

Lyft To Switch To 100% Electric Cars By 2030

Leading the Transition to Zero Emissions: Our Commitment to 100% Electric Vehicles by 2030 The year 2020 will go down in history as an inflection point for humankind. The challenges we face today, from the global climate crisis that is ravaging our planet, to the global pandemic that is ravaging our lives, to the global… Continue reading Lyft To Switch To 100% Electric Cars By 2030

GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand

General Motors CEO and Chairman Mary Barra told CNBC on Wednesday she is “cautiously optimistic” about consumer demand returning as well as a global economic recovery as businesses continue to reopen following shutdowns due to the coronavirus pandemic.  “We’ve been pleasantly surprised how demand has come back,” she said in a “Squawk Box” interview. Barra said the company… Continue reading GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand

Lyft vows ‘100 percent’ of its vehicles will be electric by 2030

Lyft announced a plan on Wednesday to transition to “100 percent” electric or zero-emission vehicles by 2030. By working with automakers and rental car companies, as well as the millions of independent contractors who drive for Lyft every day, the ride-hailing company believes it can prevent “tens of millions of metric tons” of pollutants from… Continue reading Lyft vows ‘100 percent’ of its vehicles will be electric by 2030

Grab to lay off 360 people, or about 5% of its employees

Grab is laying off about 360 people, or slightly less than 5% of its employees. Co-founder and CEO Anthony Tan made the announcement in a letter to Grab employees today. A Grab spokesperson told TechCrunch that the company will not be shutting down offices, and that this is the last organization-wide layoff the company will… Continue reading Grab to lay off 360 people, or about 5% of its employees

Uber, Lyft drivers now considered employees under California law

FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez/File Photo (Reuters) – The California Public Utilities Commission (CPUC) said drivers under Transportation Network Companies (TNCs), which include ride-hailing services such as Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O), would be considered… Continue reading Uber, Lyft drivers now considered employees under California law

Uber, Lyft drivers are employees according to California regulator

Sponsored Links Andrei Stanescu via Getty Images Uber and Lyft drivers are classified as employees, the California Public Utilities Commission has officially ruled. The regulator, which oversees ride-hailing companies, declared its decision in an order published on Tuesday. It said “a person providing labor or services for remuneration shall be considered an employee rather than… Continue reading Uber, Lyft drivers are employees according to California regulator

@GM: Meet Louise Zhang, Cruise’s New VP of Product Safety

In the United States alone, nearly 40,000 Americans die in car crashes every year. But the tragedy of that figure is what the majority of those crashes have in common: human error. At Cruise, we are working to challenge this status quo. Our vision is to develop an all-electric, self-driving, purpose-built transportation service that is safer… Continue reading @GM: Meet Louise Zhang, Cruise’s New VP of Product Safety

Daily Crunch: Uber might lose out on acquiring Grubhub

Uber stocks tumble after reports that it will lose out on acquiring Grubhub, Reddit appoints a new board member and Republican senators question the legal protections of large social media platforms. Here’s your Daily Crunch for June 10, 2020. 1. Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival… Continue reading Daily Crunch: Uber might lose out on acquiring Grubhub

Uber Trials Daily Car Rentals in Australia

To use Uber Rent, Uber clients in Brisbane must update the Uber app that allows them to select a rental. Photo via Uber. Uber has launched a new platform — Uber Rent — that allows ride-hail customers to rent a car. Brisbane, Australia is the first city to trial the service, according to an Uber… Continue reading Uber Trials Daily Car Rentals in Australia