David McCabe, Tech Reporter at Axios, discusses the battle between Uber and Lyft bidding for bikesharing company Motivate, which owns Citi Bike and Ford GoBike.
For full interview, [click here](https://cheddar.com/videos/uber-and-lyft-battle-for-bikeshare).
Stocks opened higher Thursday boosted by higher-than-expected earnings from Salesforce and as Wall Street looks to extend a late-summer winning streak.
The Biden administration will propose a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.