Wednesday’s Headlines

Streetsblog
By Blake AuedMar 6, 2019, 12:01 am222 pts
Lyft is growing, but will it ever be profitable? It lost nearly $1 billion in 2018, even though gross revenue doubled. Read the fine print in its IPO filing, and the company admits it might not make any money for at least 11 years. (Fortune) In related news, auto manufacturers know that selling cars to…

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