Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72.Mario Tama / Getty ImagesCompany: Lyft Inc (LYFT)Lyft (LYFT) is a multimodal transportation network in the United States and Canada. It offers access to a variety of transportation options through its platform and mobile-based applications. The Lyft Platform provides a marketplace where drivers can be matched with riders via the Lyft App, where it operates as…
Author: usaeverydaylife
In the tug of war between the macroeconomic and crypto adoption stories, blockchain adoption is starting to taking over the bitcoin narrative. Institutions and corporations combined to drive up bitcoin in May. The cryptocurrency ended the month about 10% higher, its second straight monthly rise, driven by strong inflows into bitcoin exchange-traded funds and continued purchases of bitcoin by corporate treasury departments. Bitcoin ETFs saw $5.6 billion in inflows this month, when the number of bitcoin held by public companies grew 4% to $85.6 billion, according to Bitcoin Treasuries . Investors expect the trend to continue in June, and to…
Polaris Dawn commander Jared Isaacman during spacesuit testing.John Kraus / Polaris ProgramThe White House has seemingly pulled the nomination of NASA administrator Jared Isaacman and said that President Donald Trump would soon name a replacement.The White House did not explain the move in a statement, but White House spokesperson Liz Huston said “it’s essential that the next leader of NASA is in complete alignment with President Trump’s America First agenda.”Trump in December said he was nominating Isaacman, a billionaire entrepreneur who has never been in federal government, as NASA administrator.Isaacman has been to space twice, on commercial missions that he funded…
Paris St Germain’s Ousmane Dembele.Dylan Martinez | ReutersParis Saint-Germain, Champions League winner.At long last the club that was transformed by Qatari billions and bought and sold a succession of the world’s greatest players in an extravagant bid to get to the top has its hands on the big one.European club soccer’s grandest prize has a new home after PSG thrashed Inter Milan 5-0 in Saturday’s final in Munich.The trophy that not even Lionel Messi, Neymar or Kylian Mbappe could deliver to the French club was finally claimed by Luis Enrique, the Spanish coach who has overseen PSG’s shift from the…
U.S. President Donald Trump delivers remarks at U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah Millis | ReutersSeeking a pardon from President Donald Trump has become big business for lobbying and consulting firms close to the administration, with wealthy hopefuls willing to spend millions of dollars for help getting their case in front of the right people.”From a lobbying perspective, pardons have gotten profitable,” said one lobbyist whose firm has received such calls.There’s no set rate for pardon help. But two people directly familiar with proposals to lobbying firms said they knew of a client’s…
Aleksandarnakic | E+ | Getty ImagesDenmark has moved to increase its retirement age to 70 — making it the highest retirement age in Europe.Yet it may be difficult for the U.S. to follow its lead.The new change in Denmark will apply to public pension retirements starting in 2040. Since 2006, the country has been adjusting its retirement age to reflect changes in life expectancy.The U.S. does not technically have an official retirement age. At age 65, individuals become eligible for Medicare coverage. At age 66 to 67, depending on date of birth, an individual becomes eligible for full Social Security…
The Hims logo arranged on a laptop in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty ImagesNEW YORK, May 30 (Reuters) – Telehealth platform Hims & Hers (HIMS.N), opens new tab will cut 68 employees, or about 4% of its workforce, as it adjusts to a U.S. ban on manufacturing mass copies of the weight-loss drug Wegovy.A U.S. Food and Drug Administration ban on compounded copies of Wegovy, made by Novo Nordisk (NOVOb.CO), opens new tab, took effect on May 22. Hims shares have since dropped 14%. The company confirmed the job cuts in a statement on Friday.…
Paris St Germain’s Ousmane Dembele.Dylan Martinez | ReutersInter Milan and Paris Saint-Germain will meet at the UEFA Champions League final in Munich on Saturday to compete for club soccer’s most prestigious trophy. For the Parisian team, a victory would cement the squad in the pantheon of soccer royalty.Paris Saint-Germain, colloquially known as PSG, was once mediocrity personified. Before 2011, the team languished in the French soccer league Ligue 1 and twice narrowly escaped relegation to a lower division.But 14 years ago, everything changed. Qatar Sports Investments, a state-backed subsidiary of Qatar’s sovereign wealth fund, bought the team and injected billions…
Over the last five months, Blake Isaacs has done everything he can to get hired. The 30-year-old, who’s based in Chicago, worked for the same marketing company for nearly seven years before getting laid off in January. “I’ve definitely sent a lot of applications,” he says, “I think I’m over 1,000 now.” He’s also tried getting referrals for jobs and asked family and friends for introductions to people who could help in his search.But the process has left him feeling “so defeated,” Isaacs says, adding, “I know that everyone has a job to do and I am not on their…
A general view of destruction in North Gaza, as seen from the Israeli side of the Israel-Gaza border, on May 17, 2025.Amir Cohen | ReutersHamas is seeking amendments to the latest U.S. ceasefire proposal for Gaza, a senior official with the group told The Associated Press on Saturday, as hungry Palestinians in Gaza stopped and emptied dozens of trucks carrying aid.The Hamas official, speaking on condition of anonymity due to the sensitivity of the talks, said proposed amendments focused on “the U.S. guarantees, the timing of hostage release, the delivery of aid and the withdrawal of Israeli forces.”A separate Hamas…