5+ day, 17+ hour ago  (484+ words) When a truck breaks down on the highway, the repair bill is the smallest part of the problem. The delivery is late, the driver is stranded, the tow costs more than the fix and the customer is calling. The American…...

1+ week, 4+ day ago  (474+ words) Last year, Western Union announced plans to purchase money transfer service International Money Express (Intermex). That $500 million deal is now facing pushback from New York City Mayor Zohran Mamdami, who argues the acquisition would put financial pressure on the city's…...

1+ week, 6+ day ago  (514+ words) Forty million trips a day. Fifteen thousand cities. More than 70 countries. Uber doesn't run a ride-hailing app so much as a living logistics network, one where every market operates on its own traffic rhythms, regulations, languages and pricing dynamics. Now…...

2+ week, 16+ hour ago  (462+ words) Uber-backed e Mobility company Lime is planning to go public. Lime parent Neutron Holdings filed paperwork with the Securities and Exchange Commission (SEC) Friday (May 8) for its initial public offering (IPO)." Sources told the Financial Times (FT) that Lime is…...

2+ week, 2+ day ago  (928+ words) Uber Technologies is evolving beyond ride-hailing into a broad mobility and commerce platform, using AI, delivery, travel booking and autonomous vehicle infrastructure to deepen customer engagement and build an "everyday utility" ecosystem. Lyft is taking a more focused approach, emphasizing…...

2+ week, 4+ day ago  (416+ words) Hertz Car Sales'is teaming with'e Bay'to expand its digital retail footprint. The collaboration,'announced by the auto rental giant Wednesday (May 6), involves the launch of a dedicated Hertz showroom on e Bay's platform, bringing upwards of 8, 000 "Hertz Certified" vehicle listings…...

3+ week, 2+ day ago  (490+ words) Artificial intelligence (AI) is running on the production line, inside the vehicle and within the investment thesis. Europe's premium automakers are moving on all fronts at once. Audi, BMW and Mercedes-Benz are running AI across production operations. Automotive News reported…...

3+ week, 4+ day ago  (411+ words) Lyft'has announced an expansion of its partnership with'United Airlines. "Every ride should move you forward " in more ways than one," said'Jordan Glassberg, vice president of partnerships and loyalty at Lyft. "Pay with miles means that the miles you've earned on…...

3+ week, 5+ day ago  (90+ words) PYMNTS. com This article reviews how capacity constraints affect unilateral price effects in horizontal mergers. When capacity constraints fall on merging firms, they mitigate price effects, whereas constraints on non-merging firms enhance price effects. Capacity constraints can be modeled as…...

1+ mon, 1+ week ago  (461+ words) According to Reuters, United Airlines CEOScott Kirbyraised the idea of combining the two carriers during a late February discussion with U. S. President Donald Trump. Two sources familiar with the matter said the proposal was presented at a high level, though the…...