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☆ Massachusetts secured a big raise for Uber and Lyft drivers in the state, but some are worried the deal could have negative side effects
▼ + stars: | 2024-07-03 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +9 min

The settlement will pay $175 million to the state and drivers, many of whom claimed both companies violated Massachusetts wage and hour laws. Also, Massachusetts drivers will be considered independent contractors, meaning they will not receive all the protections of employees. Advertisement"The recent agreement reached in Massachusetts before the ballot initiatives were decided by Massachusetts voters is a favorable outcome for most Massachusetts drivers," Avedian said. What Massachusetts drivers sayAvedian said for the majority of drivers, this settlement is a big step in the right direction. In May, Uber and Lyft struck a deal to pay Minnesota drivers $1.28 per mile and $0.31 per minute minimum.

Persons: —, Uber, Lyft, Sergio Avedian, Guy, Avedian, Mark McInerney, he's, Matt R, Matt, Ronald Banks, Jen, isn't Organizations: Service, Business, Uber, Lyft, California Supreme, Research, UC Berkeley Labor Center, Center for Wage, Dynamics, Seattle metros, Drivers, New York City, Taxi, Limousine Commission, New York, Minnesota Locations: Massachusetts, New York , California, Washington, Minnesota, New York State , Minnesota, Boston, Texas and Massachusetts, Chicago , Portland, Virginia, California, Los Angeles, San Francisco, Chicago, New York, New York City, New, Minneapolis

The Amazon Prime Visa earns 5% back at Amazon and Whole Foods and offers 0% intro APR on select purchases. Earn an instant $200 by signing up for a new Amazon Prime Visa credit card by July 24. Cardholders with Amazon Prime membership earn 5% back on Amazon, Amazon Fresh, Whole Foods, and Chase Travel purchases, all without paying an annual fee. If you're an Amazon Prime member, your Prime Visa card benefits extend far beyond the initial bonus and 5% cash back. Cardholders without Amazon Prime membership earn 3% cash back on Amazon bonus categories: Amazon, Amazon Fresh, Whole Foods, and Chase Travel.

Persons: You'll, Chase, —, cardholders, you've, you'll, we've, Katherine Fan, Katherine, Guy, Nerdwallet, Fortune, Katherine moonlights, she's, She's Organizations: Amazon, Visa, Foods, Read, Chase Travel, Amazon.com, FDIC, Prime, Finance, Cards, CNN, Forbes, Wall, Dallas Morning News, Newsweek, Nasdaq, MSN, Yahoo, SXSW, Austin American, Statesman, University of Texas, National Taiwan University Locations: Austin, orcas, Antarctica, Japan, New Zealand, South Africa, Taiwan

☆ Uber and Lyft drivers share their top strategies for getting you to leave a tip — and why going the extra mile for riders often isn't worth it
▼ + stars: | 2024-06-27 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

Read previewChristina, an Uber and Lyft driver in Las Vegas, said about half of her passengers tip on a good day. Some riders have told her they don't know how to tip, forcing her to show them on the app. Ride-hailing drivers told Business Insider that customer tips are hard to come by. Related storiesSome drivers like Jillian, 67, who drives in Santa Clarita, California, have a simple solution for getting more tips — asking riders directly. The inconsistency is working against some driversAlex Santiago, a 48-year-old Uber driver in northern Virginia, used to dress business casual and catered music to passengers.

Persons: —, Christina, she's, I've, Christina isn't, Uber, Nick Leighton, Lyft, Stuart, Marilyn Cassady, Cassady, there's, Jillian, it's, Alex Santiago, Santiago, Jason S, he's, hasn't, Jason, Andre Kingston, she'd, Kingston Organizations: Service, Business, Wolves, BI, Gridwise Locations: Las Vegas, United States, Austin, Myrtle Beach , South Carolina, Santa Clarita , California, Virginia, Detroit, Phoenix

☆ A gig worker says the Lyft CEO's depiction of easy earnings are nonsense
▼ + stars: | 2024-06-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Take one of Risher's latest LinkedIn posts, which details driving Lyft riders around Napa Valley on a Sunday in early summer. But one Pennsylvania-based Lyft driver told Business Insider that the reality is far different than what Risher describes. AdvertisementDuring one recent week driving in Pennsylvania, the driver told BI that he completed eight rides over about three hours and drove 85 miles. Uber and Lyft workers say they're regularly offered rides that pay $3 or less each. Do you work for Lyft, Uber, DoorDash, or another gig rideshare or delivery service and have a story idea to share?

Persons: —, David Risher, Risher, They're, aren't, Lyft, Uber, they're, that's Organizations: Service, Business, Lyft Locations: Napa Valley, Pennsylvania, Napa

☆ A gig worker says the Lyft CEO's depiction of easy earnings is nonsense
▼ + stars: | 2024-06-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Persons: —, David Risher, Risher, They're, aren't, Lyft, Uber, they're, that's Organizations: Service, Business, Lyft Locations: Napa Valley, Pennsylvania, Napa

☆ Uber and Lyft riders explain why they do and don't tip their drivers — who only get tips a quarter of the time
▼ + stars: | 2024-06-19 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Ron, a 76-year-old based in California, always leaves his ride-hailing driver a 20% tip unless they are a "complete jerk," he told BI. AdvertisementShould Uber and Lyft drivers always get tips? Rob Schlegel, a journalist turned real-estate agent in Las Vegas, tries to always tip his Uber or Lyft driver the highest suggested amount for each ride. The reasons people do or don't tip their Uber and Lyft drivers can be complicated. According to Gridwise data, roughly 30% of US Uber drivers drove at least 25 hours a week in the first quarter of 2024.

Persons: —, Valerie, haven't, Rob Schlegel, he's, Uber, Kellie Smith, Smith, it's, Carla Bevins, Bevins, DoorDash, Lillian, Lyft, Caroline, she's, Dee Dee, Carrie, It's, Bryan Organizations: Service, Business, Carnegie Mellon University, Uber, BI, Gridwise Locations: California, Las Vegas, Washington, US, Hampton Roads , Virginia

☆ Uber driver made just $80 one week: 'Uncertainty eats away at you'
▼ + stars: | 2024-06-18 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

Most people know very little about the Uber drivers who take them to work, school and wherever else they need to go. A spokesperson for Uber said compensation for a driver will vary depending on a variety of factors, such as local demand. AN: What was the most you made in a single week, and the least, driving for Uber? JR: Halloween is without a doubt the most profitable time for Uber drivers in my city. Once I took out my expenses, I might have made $80 for 15 to 20 hours of work.

Persons: Jonathan Rigsby's, Rigsby, Uber Organizations: CNBC Locations: Uber's America, Florida, U.S, People, Miami, Tallahassee

☆ 5 places where you should always tip—except for in these scenarios, according to etiquette experts
▼ + stars: | 2024-06-13 | by ( Ryan Ermey | ) www.cnbc.com time to read: +5 min

"But at places like sit-down restaurants, hair salons, barber shops or getting food delivered, tipping is customary." Just 67% of adults in Bankrate's survey say they always tip at restaurants. "So if you're not tipping in those scenarios, you're really taking money out of the server's pocket." When it comes to those who cut your hair and deliver your food, you should just about always tip, etiquette experts say. In other words, if you asked for a service and out-and-out didn't receive it, you're OK reducing or withholding a tip, etiquette pros say.

Persons: they're, Ted Rossman, Thomas Farley, Mister Manners, Farley, Elaine Swann, Diane Gottsman, Gottsman Organizations: Swann School of, CNBC, Protocol, of Texas Locations: Bankrate, …

☆ Americans are sick of tipping culture and scaling back everywhere from restaurants to hair salons
▼ + stars: | 2024-06-09 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

Many Americans are not willing to leave a tip all the time, and they're becoming less likely to do so. The 2024 survey of US adults conducted from April 29 to May 1 found that 67% percent of those who go to sit-down restaurants always give tips to servers. Thirty-five percent of adults said "tipping culture has gotten out of control," per the Bankrate post. Still, the survey found 78% of Gen Xers and 86% of baby boomers who go to sit-down restaurants always give a tip. AdvertisementAnd younger Americans are less likely to tip at sit-down restaurants.

Persons: Bankrate, Ted Rossman, it's, Xers, culture's, Gen Xers, Gen Zers, millennials, Rossman, that's Organizations: Service, Business, Pew Research Center

Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.

Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's

☆ Copa America stadiums and host cities guide: What to know, food, drinks, trivia and transportation
▼ + stars: | 2024-06-05 | by ( Elias Burke | ) www.nytimes.com time to read: +28 min

How to get there using public transportation: CapMetro, the public transportation provider in Austin, increases service on matchdays and the stadium is generally accessible from most parts of the city. How to get there using public transportation: MARTA, a city-wide rail and bus system, provides two stops on the stadium’s doorstep. @ArrowheadEats is a useful resource on X that tracks all the newest and tastiest options at the Kansas City stadium. How to get there using public transportation: There is no public transportation system to the stadium, so you will need to drive or take a taxi. How to get there using public transportation: Unfortunately, there is little infrastructure to service fans planning to visit the stadium on public transportation.

Persons: Christen Press, Franklin, Matt’s El, won’t, Tom Brady, Gamechanger, Kevin Gillespie, Kanye, West, Lars Magnus Ericsson, Aaron Rodgers, Jerry World, Jerry Jones, Ezequiel Lavezzi, Gonzalo Higuain, Lionel Messi, Ronnie Killen, Hugo’s, Michael Jackson, Jackson, Kauffman, Alex Abnos, you’ve, Guy Fieri, Motley, mixologist Tony Abou, Ganim, Mary, Silver, margarita, Casamigos, Jack, Darren Aronofsky, Wilkinson Sejour, you’re, Pope John Paul II, Borussia, Taylor, John Bradford Organizations: Copa America, Argentina, Mercedes, Benz, Atlanta Falcons, Copa, The Athletic, Austin FC, Angel, Christen, Crown Royal, Amazon, Hopsquad, Metro Red, Atlanta, New England Patriots, LA Rams, Falcons, Kanye West, Georgia Aquarium, Breeze, Philips Arena, CNN Center Station, Canada, United States, Bank of America, Carolina Panthers, Charlotte FC, Ericsson, Bluetooth, Good Samaritan, NASCAR, of Fame, Tours, Stonewall, T, Dallas Cowboys, Packers, Pittsburgh Steelers, Victory Station, Centrepoint, Bolivia, Houston Texans, NFL, Copa America Centenario, Houston Livestock, Astros, Houston’s MLB, Baltimore Orioles, METRORail, NRG, Kansas City Chiefs, Super Bowl, Arrowhead, Kansas City, Chiefs, Oakland Raiders, Seattle Seahawks, MLB, Kauffman, KC Royals, Tampa Bay Rays, Royals, Sporting Kansas City, U.S, MLS, El Capitan, LA Chargers, SoFi, LAX, Getty Center, Universal Studios, Line, Lennox Station, Metro, Express, Las Vegas Raiders, UNLV Rebels, Food Network, Miami Dolphins, Miami Hurricanes, America, Miami Gardens ., South, South Florida Tequesta, Orange Bowl, Miami Carol City, Panama, MetLife, NY Giants, NY Jets, Chelsea, New, NJ, Penn, SEC ”, Inter, Co, Orlando City, Orlando, La Liga club Atletico Madrid ., Stoke, Iron Lion, Borussia Dortmund’s, Disney World, Hogwarts Express, Disney, Star, Hollywood Studios, Falcon, Arizona Cardinals, College Football National, Funk, Brewery, Farm, Cardinals, Costa Rica, San Francisco, Denver Broncos, Scratch, Levi’s, Intel, Great America, VTA Locations: Canada, Atlanta, United States, Copa America, Austin , Texas, USWNT, Nigeria, Texas, Czech, Bulleit, Austin, Celis, matchdays, Venezuela, Jamaica, Costa Rica, Paraguay, Atlanta , Georgia, Argentina, Panama, United, Charlotte, North Carolina, Swedish, American, Arlington , Texas, Arlington, Dallas, Irving, Peru, Chile, States, Houston , Texas, . El, Mexico, Fannin, Colombia, , Kansas City , Missouri, Kansas, Kansas City, Arrowhead, Athletic’s, Uruguay, Mercy, , Kansas City , Kansas, America, Inglewood , California, Inglewood, Los Angeles, Santa Monica, Venice, La Fonda, LA, Hawthorne, Lennox, Brazil, Paradise, Nevada, Vegas, Ecuador, Miami, Florida, Miami Gardens, Versailles, South Florida, East Rutherford , New Jersey, New York City, Secaucus, Bolivia, Orlando, Glendale , Arizona, Arizona, Glendale, Phoenix, Costa, Santa Clara , California, San Francisco 49ers, San Francisco, California’s, Great, Levi’s, Lick

☆ Avoid or short Tesla, First Solar and other stocks, according to Wolfe Research
▼ + stars: | 2024-06-05 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Wolfe Research has a list of stocks that are big targets for short sellers, including some of the market's most well-known names. Wolfe's short screens look at valuation, earnings quality, capital allocation and sentiment to find stocks that are most at risk. Here are 10 that showed up most commonly on Wolfe's screens: Tesla , the leading domestic maker of electric vehicles, was one of the best-known stocks on the list. Unlike Tesla, the solar stock has soared more than 60% this year. Rideshare platform Lyft popped up on four of Wolfe's short screens, down from six the month before.

Persons: Wolfe, Tesla, Elon, Morgan Stanley's Andrew Percoco, Morgan Stanley Organizations: Wolfe Research, Tesla Locations: Tuesday's

☆ Your around-the-corner Uber or Lyft ride may pay drivers $3 or less. Some say it's a nightmare.
▼ + stars: | 2024-05-30 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

One screenshot from a Lyft driver based in Arizona showed a $2.62 ride that took 15 minutes and traveled 4.32 miles. For some drivers, these sub-$3 trips are a symbol of their broader frustrations with their pay. AdvertisementCompared to January 2023, sub-$3 trips — excluding tips — have become more common for DoorDash, Grubhub, and Uber Eats drivers and less common for Uber and Lyft drivers, per Gridwise. Otherwise, the pay would likely increase if drivers rejected these rides since drivers would be more likely to accept a higher-paying ride. AdvertisementMoises Diaz, a 41-year-old Uber and Lyft driver in California, started driving part-time in December.

Persons: —, Sergio Avedian, Guy, Avedian, it's, Lyft, they're, Uber, Grubhub, Gridwise, Randy Scott, he's, Scott, There's, he'll, Moises Diaz Organizations: Service, Business, Research, Gridwise, South, BI, Uber Locations: Arizona, Cleveland , Houston, Fort Lauderdale, Orange County, Los Angeles, Florida, California, South Florida

☆ Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds
▼ + stars: | 2024-05-21 | by ( Noah Sheidlower | Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

Advertisement"Pay for gig drivers rarely exceeds the employee-equivalent local minimum wage," the authors wrote. While two-thirds of DoorDash drivers and just under half of Uber Eats drivers had their incomes adjusted, just 5% of Uber drivers did. The average Lyft, Uber Eats, and DoorDash driver had hourly earnings of $24, $18, and $14, respectively. Over the past year, several gig drivers have told BI that their gigs are less profitable than they used to be. For example, Uber and Lyft drivers have said the ride-hailing giants are taking a larger cut of rider fares.

Persons: —, Lyft, Uber, aren't, Gridwise Organizations: Service, Seattle metros, UC Berkeley Labor Center, Center for Wage, Dynamics, Business, metros —, UC Berkeley, Big Lake Data, Bank of America, Bank of America Institute Locations: Boston, Chicago, Los Angeles, San Francisco Bay, California, San Francisco, Seattle, New York City, Minnesota, Twin Cities, Massachusetts

☆ Why Jay Powell really wants to lower interest rates this September
▼ + stars: | 2024-05-20 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

It’s interesting to me that the equity market is cheering the idea that the Fed is going to be cutting rates. There tends to be a fine line between cutting rates and extending the economic cycle or cutting rates because the cycle is coming to an end (and the economy is softening). When the Fed is cutting rates, it’s cutting rates because a recession is about to happen, right? That’s why I say there’s a fine line between the Fed cutting to extend the cycle and the Fed cutting because a recession is about to happen. The Fed has been in this precarious space where they’re trying to avoid recession while lowering interest rates.

Persons: Dow, stoking, Bell, Tom Porcelli, Jerome Powell, Jay Powell, they’re, that’s, Donald, Goofy, Eva Rothenberg, Mickey Mouse, Snow White, Captain Hook, ”, Kate Shindle, “, Uber, Lyft, Jamie Long, Read Organizations: CNN Business, Bell, New York CNN — Markets, Federal Reserve, Fed, ’ Equity Association, Equity, National Labor Relations Board, Disneyland, Disney, ’ Equity, Walt Disney Company, Uber, Democratic, Minneapolis City Council Locations: New York, Anaheim , California, Minnesota, Minneapolis

☆ Minnesota lawmakers strike minimum pay deal for Uber, Lyft drivers
▼ + stars: | 2024-05-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +2 min

New York CNN —Minnesota government officials have struck a deal with rideshare companies Uber and Lyft to set minimum wage standards for drivers, lawmakers announced Saturday night. The rule was delayed after Lyft and Uber warned they would leave Minneapolis. State lawmakers have been focused on compromising with the companies before a July 1 deadline. Under the new agreement, the statewide minimum wage rate for rideshare drivers will be $1.28 per mile and $0.31 per minute. “We applaud the tens of thousands of riders & drivers who sent close to 100,000 emails to legislators — your voices were heard.

Persons: Uber, Lyft, Jamie Long, ” Long, ”, Erin Murphy, Josh Gold Organizations: New, New York CNN, Minnesota, Democratic, Minneapolis City Council, Governor Locations: New York, Minnesota, Minneapolis, State

☆ Uber will now let you book a shuttle to the airport
▼ + stars: | 2024-05-15 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —Uber wants to make it cheaper to get a ride to the airport, concerts or sporting events. The rideshare company on Wednesday announced the launch of Uber Shuttle, an offering that will let users book up to five seats in a shuttle from a central location to an event or the airport – for less than the cost of a regular Uber ride. The cost of the shuttle rides won’t be affected by surge pricing, a common affliction when lots of people are looking for rides at the same time. Uber has previously rolled out early shuttle tests, including in India, and as an offering for corporate customers. Uber Shuttle will let riders book up to five seats in a shuttle to the airport or a concert or sporting event, for less than the cost of a regular Uber ride.

Persons: New York CNN — Uber, Uber, Dara Khosrowshahi, Camiel Irving Organizations: New, New York CNN, Wednesday, Uber Shuttle, Costco, Lyft Locations: New York, India, Chicago, Pittsburgh, Charlotte, Miami, New York City, Los Angeles, San Francisco, San Diego, Atlanta, Canada

☆ A millennial working 2 full-time jobs sometimes only gets 3 hours of sleep — but she's over halfway to saving $100,000
▼ + stars: | 2024-05-09 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

(Business Insider verified Lacerna's April paystubs.) Lacerna told Business Insider via email that she began working multiple jobs after immigrating to the US from the Philippines in 2018. Companies have different policies on employees working multiple jobs — some allow it, while others don't, which means anyone choosing to do so secretly could risk being fired. While sleep requirements vary from person to person, experts recommend adults get between seven and nine hours of sleep each night. AdvertisementLacerna said in an email that she sometimes only gets two or three hours of sleep on days when she works both jobs.

Persons: —, Mitzi Lacerna, Lacerna, Jacob Zinkula —, she's, @mitzeyyyy, @sleepychomper, I’m, ake Organizations: Service, Business, Labor Statistics, Companies Locations: San Francisco, Philippines, TikTok

☆ An ex-Google employee shares the 3-part strategy he used to prepare for layoffs and achieve financial independence
▼ + stars: | 2024-05-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAfter eight years at Google, Shao Chun Chen was laid off on February 14, 2024. "A big part of your identity is where you work," Chen, who was leading a sales team at the time, told Business Insider. He says he focused on three things throughout his 20s and 30s to grow his investment portfolio and achieve financial independence. He about tripled his salary at Google and worked his way up to making six-figures, according to employment verification letters viewed by BI.

Persons: —, Shao Chun Chen, Chen, He'd, Merrill Lynch, It's, you've, WIMUT THAMMAKESORN Chen, you'll, it's, Chen wouldn't, he's, Shao Chun Chen Chen Organizations: Service, Google, Business, BI, National University of Singapore, NFL, NUS, BMW Locations: Singapore

☆ Stock market today: Indexes slide amid earnings-fueled tech selloff
▼ + stars: | 2024-05-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

US stocks dropped on Wednesday led by a selloff in the tech sector. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks slid on Wednesday, led by a sell-off in the tech sector as investors took in weak financials and earnings guidance. Here's where US indexes stood at the 9:30 a.m. opening bell on Wednesday:AdvertisementHere's what else happened today:In commodities, bonds, and crypto:Advertisement

Persons: Tesla, —, David Bahnsen Organizations: Intel, Reuters, Service, Nasdaq, Justice Department, New York Fed Locations: Here's

The earnings season is winding down, but there are some names slated to report that could see big moves — in either direction. Already, more than 80% of companies in the S & P 500 have already posted quarterly results this earnings season as of Monday morning. Against that backdrop, CNBC Pro screened for names reporting this week — with market caps of $1 billion or more — that could experience sharp up- or downside moves, based on trading activity in the options market. Here are the names that made the list: Upstart Holdings is the reporter this week that could be in for the biggest move at nearly 19%. Rideshare stock Lyft also made the list.

Persons: Uber, America's Mihir Bhatia, Bhatia, Lyft, LSEG, Jefferies, John Colantuoni, Colantuoni, Bank of America's Jessica Reif Ehrlich, Ehrlich, WBD Organizations: Disney, CNBC Pro, Holdings, LSEG, Bank, America's, Warner Bros, Bank of America's Locations: California

Analysts are boosting their estimates for a handful of companies that are set to report quarterly results next week. CNBC Pro screened FactSet data to find stocks poised for upside, as well as stocks that have also seen analysts increase their estimates on earnings per share. Analysts have increased their three-month earnings per share estimates by nearly 8%, while average price targets have climbed 23.3%. DIS YTD mountain Disney stock. Analysts have increased earnings estimates and price targets over the past three months by nearly 15% and 45%, respectively.

Persons: Walt Disney, FactSet, Wells, Steven Cahall, Rideshare, Uber, Justin Post, CEG, Sophie Karp Organizations: CNBC, Entertainment, Walt, Analysts, Disney, Uber Technologies, Bank of America, Wall, Constellation Energy Locations: Wells Fargo

☆ AstroForge: How this startup plans to make asteroid mining a reality.
▼ + stars: | 2024-04-23 | by ( Amy Gunia | ) edition.cnn.com time to read: +11 min

Now the California-based startup is attempting to make asteroid mining a reality. That makes AstroForge the only company with a refinery that can turn M-type asteroids into PGMs in space, he adds. Some in the scientific community are skeptical that the private sector will be able to afford asteroid mining. Its all-or-nothing, lower-cost approach may help push asteroid mining closer to reality. “I hope if nothing else,” Gialich says, “we’re known as a space company that went for it.”

Persons: Matt Gialich, Gialich, Jose Acain, “, ”, we’re, “ We’re, AstroForge, Edward Carreon, “ that’s, –, Dan Britt, REx, James Cameron, Larry Page, Britt, “ I’m, ” Gialich, NASA's, Aubrey Gemignani, ” Britt, AstroForge’s Organizations: CNN, Virgin, SpaceX, NASA, Companies, Apple, Center, University of Central, JAXA, United, United Arab Emirates ’ Space Agency, UAE Space Agency, AP NASA, Planetary Resources, Titanic, Google, NASA's Kennedy Space Center, Getty Locations: California, University of Central Florida, China, United Arab, United Arab Emirates, Utah, Los Angeles, Florida

☆ ‘Cabs to get into space’: How this Indian startup wants to revolutionize satellite space travel
▼ + stars: | 2024-04-23 | by ( Amy Gunia | ) edition.cnn.com time to read: +7 min

But its private sector has played a limited role in space exploration, acting mostly as suppliers and vendors for its national space agency, the Indian Space Research Organization (ISRO). “Very few companies globally are able to make it to orbit yet.”Pawan Chandana, the co-founder of Skyroot Aerospace Skyroot Aerospace Pvt. As Indian space startups mature over the coming years, he expects the government to become a customer, enabling further growth. Many private space companies source income from governments, including Space X, which has raked in billions of dollars from US government contracts. In November 2022, Skyroot Aerospace launched India's first privately built rocket, Vikram-S. Skyroot Aerospace Pvt.

Persons: Vikram, ” Pawan Chandana, “, Pawan Chandana, Narendra Modi, ”, Susmita Mohanty, Skyroot, Chandana, ridesharing, Kari Bingen, Modi, Mohanty Organizations: CNN, Indian Space Research Organization, ISRO, Elon, SpaceX, Skyroot Aerospace, Skyroot Aerospace Skyroot Aerospace, . Ltd, McKinsey & Company, Economic, ’, LEO —, Vikram Sarabhai, Aerospace Security, Center for Strategic, International Studies, Deloitte, India’s, NASA Locations: India, United States, Hyderabad, Thiruvananthapuram, Singapore

☆ How a millennial Lyft driver used the gig to travel to all 50 states, launch a food blog, and get started on a book
▼ + stars: | 2024-04-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Kreskin J. Torres, a Lyft driver, has traveled across all 50 states, documenting his dining experiences. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKreskin J. Torres, 35, has eaten his way through all 50 states — including Alaska and Hawaii. Learning the most profitable places and times to driveTorres noticed he would get more profitable rides driving around suburbs, airports, and sports stadiums, locations coveted by drivers as they get more tips and sometimes elevated fares. He learned New Year's will always be profitable, though rides slow down around February before picking up in mid-March.

Persons: Kreskin J, Torres, —, Kreskin, Foodie, he's, I've, what's, that's Torres, Uber, huckleberry swirls, Xing Xing, Year's, It's, He's Organizations: Service, Army, Baltimore, Wichita ., Uber, Android, Apple Locations: Alaska, Hawaii, Minneapolis, San Antonio, Austin, tacos, Arizona, Arkansas, Montana, Jackson , Mississippi, Holcomb , Missouri, Wichita

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