Lyft loses money again

Lyft is continuing to lose staggering sums of money as it barrels ahead with impressive revenue growth. But the company says it will turn a corner and reach profitability in about two years. The ridehailing heavyweight raised $955.6 million in revenues in the third quarter, up 63 percent from the same time last year. But the company lost $463.5 million in the quarter compared with a $249.2 million loss a year ago.