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Uber settles sexual assault lawsuit, Lyft launches business travel brand

In the past 24 hours, Uber Technologies Inc. (NYSE: UBER) has settled a sexual assault lawsuit, which may alleviate reputational concerns. Meanwhile, Lyft has introduced a new business travel brand, potentially intensifying competition in the corporate travel segment.

Key points

  • Uber settles sexual assault lawsuit, potentially reducing reputational risks.
  • Lyft launches business travel brand, increasing competition in corporate travel.

Sources

AI-generated from public news sources. Not financial advice.

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