Tag: NASDAQ:LYFT
-
Lyft’s New CEO Risher Announces Additional Layoffs, Shares Soar
David Risher, CEO of ride-hailing service Lyft Inc, announced on Friday that it will cut jobs “significantly” through another round of layoffs to cut costs. The announcement sent the company’s share price jumping. The company declined to provide details on how many employees would be affected by the move, but the Wall Street Journal previously…
-
Lyft to cut jobs, HCA Smashes Earnings Expectations
Lyft to Cut at Least 1,200 Jobs in New Round of Layoffs The latest cuts could impact 30% or more of the ride-sharing company’s more than 4,000 employees. P&G Earnings Powered by Higher Prices, Again The maker of Tide and Gillette increased product prices by 10% in the quarter that ended in March. Tesla raises…
-
Market News: Deutsche Bank Vulnerabilities, Binance Faces Lawsuit, Eurozone Deposit Outflows
Deutsche Bank Vulnerabilities After a decline last week, Deutsche Bank (NYSE:DB) shares regained their position and rose by 6% on Monday. However, investors are still concerned and have begun examining the bank’s vulnerabilities. The bank’s default credit swap cost decreased on Monday, but it is still at pandemic levels. UBS Group AG’s (NYSE:UBS) merger with…