business

Nia Warfield2/10/25

Lyft shares hit the gas after Mobileye robotaxi rollout announcement

Lyft shares jumped as much as 4% after the ride-hailing company announced plans to roll out self-driving robotaxis in partnership with Mobileye.

The partnership, initially unveiled in November, will kick off the robotaxi service in Dallas starting next year. Riders will be able to book fully autonomous rides through the Lyft app.

The robotaxis will operate using Mobileye’s driver-assistance technology, while Japanese conglomerate Marubeni will supply the fleet. Lyft plans to scale the program to thousands of vehicles across multiple cities.

The announcement comes as Uber prepares to launch its own self-driving service. In September, the company said it would expand its partnership with Waymo to deploy robotaxis in Austin and Atlanta beginning early this year.

Lyft is set to report fourth-quarter earnings on Tuesday.

Lyft Eyes 2026 Robotaxi Launch Alongside Mobileye and Marubeni

Lyft return here sign

The robotaxis will operate using Mobileye’s driver-assistance technology, while Japanese conglomerate Marubeni will supply the fleet. Lyft plans to scale the program to thousands of vehicles across multiple cities.

The announcement comes as Uber prepares to launch its own self-driving service. In September, the company said it would expand its partnership with Waymo to deploy robotaxis in Austin and Atlanta beginning early this year.

Lyft is set to report fourth-quarter earnings on Tuesday.

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JetBlue is raising its bag fees as fuel costs squeeze airlines

JetBlue will reportedly hike its bag fees, as the cost of jet fuel continues to climb amid the war in Iran. It’s the latest example of carriers finding ways to push rising costs onto travelers.

Last week, United Airlines CEO Scott Kirby said that if fuel prices remain elevated, fares would need to rise another 20% for his airline to break even this year.

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

JetBlue Airways raises bag fees as fuel prices soar

JetBlue Airways raises bag fees as fuel prices soar

As CNBC reported, when one airline raises fees, others tend to follow.

Earlier this month, JetBlue hiked its first-quarter outlook for operating revenue per seat mile to between 5% and 7%, saying that strong Q1 demand helped “partially offset additional expenses realized from operational disruptions and rising fuel costs.” Now, the carrier appears to be making moves to further boost revenue to offset those costs.

Earlier on Monday, JetBlue rival Alaska Air lowered its Q1 profit forecast. The refining margins for the carrier’s cheapest fuel option — sourced from Singapore and representing about 20% of Alaska’s overall supply — have spiked 400% since February.

JetBlue did not immediately respond to a request for comment.

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Americans won’t tolerate bland food anymore — and it’s turned McCormick into a ~$7 billion-a-year spice and sauce giant

Now, McCormick is eyeing Unilever’s food business.

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Crocs’ prince charming

ByChrisStokel-Walker

FriMar 272026

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