Lyft told drivers they could make more than $30 an hour. The FTC says it deceived them.

Westport Fuel Systems (WPRT) held its Q4 2024 earnings call on March 31, 2025, led by CEO Dan Sceli and CFO Bill Larkin. The company reported a 9% decrease in annual revenue to $302.3 million, with Q4 revenue down 14% to $75.1 million, attributed to business transitions. Despite these declines, Westport improved gross margins and achieved positive net cash from operations, while announcing a strategic transaction to divest its light-duty business, aiming to focus on...

Chipotle Mexican Grill (CMG) reported its first same-store sales decline since 2020, with January sales falling 2% and overall traffic not recovering due to economic concerns. Despite a 6% revenue growth to $2.88 billion and a slight increase in adjusted EPS, the company expects same-store sales growth to be lower than previously forecasted, with challenges in Q2 ahead. However, Chipotle remains optimistic about long-term growth prospects, planning to expand locations in the U.S. and internationally,...

Alphabet (GOOGL, GOOG) has faced a challenging three-month period, with shares dropping 20% from their February peak amid market weakness and concerns over potential divestment of its Chrome web browser due to a DOJ antitrust lawsuit. Despite these worries, investing in Alphabet could be beneficial, as the company has been preparing for a possible sale of Chrome, leveraging first-party cookies and its AI assistant Gemini for advertising. Even in a pessimistic scenario where Chrome's loss...

Rivian Automotive (RIVN 4.42%) shares are trading at a significant discount compared to peers like Lucid Group and Tesla, with potential for sales growth in the next 12 months. The company plans to launch three new mass market vehicles priced under $50,000 by early 2026, which could significantly increase sales, similar to Tesla's previous models. However, current market estimates show flat sales in the near term, indicating that Rivian's growth potential isn't yet reflected in...

This article discusses the pros and cons of borrowing from a 401(k), acknowledging that while it may be necessary in certain scenarios—such as urgent financial needs, credit issues, or high-interest rates—there are significant drawbacks. Reasons to avoid such loans include job instability, the risk of double taxation, possible penalties for early withdrawal, and the temptation to finance non-essential purchases. Ultimately, it advises individuals to carefully consider all options and understand their plan's terms before proceeding...

Full retirement age for Social Security ranges from 66 to 67 years, depending on one's birth year, with eligible Americans having the option to postpone benefits until age 70. In a video by Certified Financial Planner® Matt Frankel, the significant impact of delaying Social Security benefits is discussed, highlighting how waiting can enhance the total benefits received. The video's stock prices were noted as of April 15, 2025, and it was published on April 16,...