Notizia

(Reuters) -Lyft Inc will spend more to increase the supply of drivers, signaling higher costs of getting cars back on the road, and declined on Tuesday to predict when the ride hailing company would hit pre-pandemic levels of business, sending its shares plummeting.

U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers at Amazon.com Inc, Starbucks and other employers.

(Reuters) -Lyft Inc on Tuesday forecast second-quarter revenue below Wall Street expectations and said it would spend more to increase the supply of drivers, signaling higher costs of getting cars back on the road.

(Reuters) -Livent Corp on Tuesday posted a better-than-expected quarterly profit and bolstered its 2022 revenue forecast as it benefited from higher demand for lithium used in electric-vehicle batteries, sending its shares surging 14%.

Wall Street stocks ended higher on Tuesday after a choppy session in which each of the major indexes fluctuated between gains and losses as a key meeting of the Federal Reserve got under way.

Livent Corp on Tuesday posted a quarterly profit and bolstered its 2022 revenue forecast as it benefited from higher demand for lithium used in electric-vehicle batteries.

Insurer American International Group Inc reported a nearly 17% rise in quarterly profit on Tuesday that topped market estimates, as strong underwriting gains and lower catastrophe losses cushioned a drop in investment income.

(Reuters) -Consumers eager for post-pandemic normalcy shrugged off higher prices to keep spending on Lyft Inc rides in the first quarter, and the company on Tuesday surpassed expectations for revenue and operating earnings.

Vacation rental firm Airbnb Inc projected second-quarter revenue above market estimates on Tuesday, betting on pent-up demand to drive a strong summer travel season after COVID-19 curbs were eased globally.