Lyft Earnings Hit the Skids

Bloomberg News Technology Reporter Jackie Davalos discusses Lyft shares taking a big hit after forecasting dramatically lower profits than expected and saying it will cut prices in an attempt to attract and keep customers. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Economics Reporter Rich Miller provide the details of Rich's Businessweek Magazine story Forget Hard or Soft Economic Landing: Meet the Rolling Recession. Bloomberg News Managing Editor for Crypto stacy-marie ishmael breaks down crypto staking and the impact on Kraken and Coinbase. Kent Halliburton, President and COO of Sazmining, talks about sustainable Bitcoin mining. And we Drive to the Close with David Dietze, Senior Portfolio Strategist at Peapack Private Wealth Management.
Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan.

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