Lyft sees uptick in Q2 revenue amid layoffs
Lyft saw an earnings record and increased revenue in the second quarter amid news that the ride-hailing company laid off approximately because of the discontinuation of its first party rental service.
Record day in the books with 3 US launches, 2 Space Coast rockets, 1 Space Coast tourist
It was the busiest day for launches ever for commercial companies in the United States, with 3.4 million pounds of combined thrust among three rockets punching their way into space on Thursday with payloads of one military satellite, one lunar probe and six space tourists.
Weston Property & Casualty becomes fifth insurer this year to go insolvent
In another sign of trouble for Florida’s property insurance industry, Coral Gables-based Weston Property & Casualty has become the fifth insurer to be declared insolvent this year.
Carvana records Q2 net loss, notes returns from ADESA U.S. acquisition
Carvana said it posted a net loss of $439 million in the quarter ending June 30 — a far cry from its landmark $45 million profit one year ago.
AV startup Aurora to prioritize autonomous trucking over robotaxis
AV startup Aurora says it has a cash runway through 2024 and is prioritizing self-driving technology for trucking over ride-hailing.