business

CEO quits at daughter’s list of 22 missed family events

CEO quits at daughter’s list of 22 missed family events

File this one under Precious. Or heartwarming, family-friendly, and generally a story you’re going to want to think about when you want to feel good about humanity. It begins with a man who has millions of dollars to his name - Mohamed El-Erian, a California-based ex-CEO and ex-CIO of a company called PIMCO. He resigned because of his 10-year-old daughter and a hand-written note.

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Lyft grows with Hitch acquisition

Lyft grows with Hitch acquisition

Lyft, the pink mustachioed ridesharing service living in Uber's shadow, has acquired competing transportation startup Hitch. As a result of the acquisition, Lyft will absorb Hitch's co-founders into the business, as well as its roster of existing drivers into its own platform.

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