700CLUBNEWS.COM: Latest News of The Day 08:00, 2019-09-11

Uber Cuts More Than 400 Jobs

Uber cut 435 technical employees in the company’s latest downsizing as it faces market pressures to turn a profit and the possibility of higher driver pay....

Uber Cuts More Than 400 Jobs

Source: wsj.com

Uber cuts 435 jobs in its product and engineering teams Uber is still bleeding cash, and that's unfortunately contributing to job cuts. The ridesharing firm has laid off 435 employees in its product and engineering groups, or about 8 percent of the two divisions. The company isn't shy about the reasonin......
05:17, 2019-09-11

Whiting Petroleum cuts 254 jobs Whiting Petroleum said on Wednesday it has reduced its workforce by 33%, or 254 jobs, as the oil and gas producer looks to cut costs. The company now expects to realize $50 million in annual cost savings. (Reporting by Arunima Kumar in Bengaluru; Editing by Shinjini Ganguli)...
22:51, 2019-07-31

| Huawei unit cuts more than 600 jobs following US sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68 of its subsidiaries....
23:34, 2019-08-03

Ford cuts 7K white-collar jobs DETROIT — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10% of its global salaried workforce....
22:34, 2019-05-21

Huawei Unit Cuts More Than 600 Jobs Following US Sanctions Chinese telecom giant Huawei said on Tuesday that more than 600 jobs would be lost at a US unit as a result of "curtailment of business operations" caused by Washington's sanctions on the firm and 68......
22:17, 2019-07-23

General Motors cuts some 350 jobs in Thailand operations General Motors has cut about 350 jobs from its Thai subsidiary's operations, a labour representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand....
23:34, 2019-08-30

AT&T cuts another 1,800 jobs as it finishes fiber-Internet buildout Enlarge / AT&T service truck driving on a street in a residential neighborhood on May 17, 2019 in Sunnyvale, Calif. (credit: Getty Images | Andrei Stanescu) AT&T has informed employees of plans to cut another 1,800 jobs from its wireline division, an AT&T workers' union told Ars today. Last week, ...
23:34, 2019-06-17

British American Tobacco cuts 2,300 jobs in shift towards vaping Firm aims to increase revenues from ‘potentially reduced-risk products’ to £5bnBritish American Tobacco (BAT) has announced plans to cut 2,300 jobs by 2020 in readiness for a shift towards non-tobacco products, a day after Donald Trump said he was considering a ban on flavoured e-cigarettes.The vast...
12:17, 2019-09-13

Fuzzy jobs data is a weak argument for interest rate cuts Everybody seems to agree that last Friday’s employment report was a loser. And because only 130,000 new jobs were created in August, nobody would disagree that the Federal Reserve will likely cut interest rates next week to please President Trump and the financial markets. Who am I to take the oppos...
21:00, 2019-09-10

UPDATE 1-Morgan Stanley cuts about half a dozen Asian equities jobs -sources Morgan Stanley has cut about half a dozen equity sales, trading and research jobs across Asia as part of a global cost-cutting move, people familiar with the matter told Reuters on Wednesday....
13:51, 2019-05-29

U.S. stocks close lower amid fears strong jobs data will work against interest rate cuts U.S. markets came off all-time highs on Friday as investors interpreted strong employment data as an argument against their much hoped-for interest rate cuts. All three indices closed Friday in the re......
04:51, 2019-07-06

Uber Freight is making trucking more efficient and could help Uber turn a profit The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with shippers looking to move cargo from one place to another....
17:00, 2019-09-14

Cboe Global Markets Plans Listing of Options on Uber Technologies, Inc. (UBER), on Thursday, May 16 CHICAGO – May 14, 2019 – Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today said it plans to list options on Uber Technologies, Inc. (UBER), a ride-share company, on Thursday, May 16, once the underlying stock has been certified as meeting all ...
14:32, 2019-05-21

Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers (UBER) Reuters/Brendan McDermid Uber fired 400 marketing employees this week as the company seeks to streamline some bloated departments. Morale had been low on the marketing team for months, other former employees say, leaving few surprised by the shakeup. In an email to all company employees, CEO Dara K...
14:51, 2019-08-01

Uber has proposed a new minimum wage for drivers after years of protests, but it comes with a catch (UBER, LYFT) Justin Sullivan/Getty Images Uber has offered a $21 minimum wage for drivers as it fights against a California bill that could devastate its business. But there's a catch: the wage floor would only apply while drivers are on a ride, which is less than half of their time. Assembly Bill 5 as it's c...
23:51, 2019-08-29

See inside Uber's first passenger drone, which could eventually fly passengers at 150 mph while burning no fossil fuels (UBER) Uber Uber is unveiling its first visions for passenger aircraft. The company hopes to offer air services beyond helicopters as early as 2023. We spoke to executives about the first aircraft, a helicopter-airplane hybrid at the company's Elevate conference this week. WASHINGTON, DC — Uber has...
02:34, 2019-06-12

Uber just launched an Amazon-like feature that could help it cash in on millennials' mobile-shopping addiction (UBER) Matt Cardy / Stringer / Getty Images Uber has announced a new partnership with Cargo for an in-car shopping experience. By downloading the app and scanning a QR code during your ride, you'll unlock deals on everything from AirPods to luxury suitcases and more. It could help Uber latch on to mille...
10:17, 2019-07-18

Uber is opening massive new offices in Chicago and Dallas despite recent cost-cutting efforts (UBER) Raymond Boyd/Getty Images Uber has plans for massive new offices in Chicago and Dallas, the company has confirmed in recent weeks. The expansion could mean the ride-hailing giant's San Francisco headquarters is dwarfed by larger satellite offices. In Chicago, Uber Freight is looking to be the nex...
05:00, 2019-09-10

Traders have a $1.5 billion bet riding against Uber (UBER, LYFT) Carlo Allegri/Reuters Short-sellers have ramped up their bets against Uber to $1.5 billion. Borrowing of Uber shares has surged by more than 160% in the past two weeks, to 36 million shares from 13.6 million. The value of short positions in Uber has passed the value of those in Lyft for the first t...
03:34, 2019-05-29

Uber Lit $1 Billion on Fire Last Quarter Because That's What Uber Does In its first earnings as a public company, Uber posted losses of $1 billion over the previous quarter, more or less matching investor expectations, because sending the GDP of Vanuatu off a cliff every three months is Uber’s current business model, more or less. Read more......
11:00, 2019-05-31

Economy adds quarter-million jobs, beating expert estimates in a comforting June jobs report If the Federal Reserve needed a sign to reject President Trump's demands for lower interest rates, the June jobs report from the Bureau of Labor Statistics delivered it....
17:51, 2019-07-05

Amazon to create 1,800 jobs in France, Conforama to cut jobs U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany, although furniture retailer Conforama went the other way in cutting jobs....
10:34, 2019-07-02

Morgan Stanley cuts long-term Brent price view after OPEC supply cuts Morgan Stanley lowered its long-term Brent price forecast on Tuesday and said the oil market is broadly balanced in 2019 after OPEC and its allies including Russia agreed to extend their production......
03:51, 2019-07-03

'Uber Copters': Uber will offer $200 helicopter flights in New York City this summer Uber announced that active users will get access to Uber Copter, a new service from Manhattan to the John F. Kennedy International Airport.        ...
01:17, 2019-06-07

DoorDash is under fire for its controversial tipping policy. We asked Uber, Lyft, Instacart and other gig-economy startups how much of your tips go directly to their workers (UBER, LYFT) Katie Canales/Business Insider DoorDash is under fire for an opaque tipping system that customers are saying is misleading. In some cases, tips count toward the company's guaranteed minimum pay for orders, instead of being added on top of the check total. A company spokesperson told Business Insi...
10:17, 2019-07-23

The Bill That Would Make Uber And Lyft Drivers Employees Isn't Just Making Uber And Lyft Nervous It appears increasingly likely AB5, the California bill that would significantly narrow the definition of an independent contractor in the state and have potentially profound implications on the gig economy, will pass. Last weekend, Governor Gavin Newsom voiced his support of the bill, meaning he wo...
18:00, 2019-09-06

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER) It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 billion valuation fell well short of speculations of $100 billion, Uber is still one of the biggest names on the market today. See the rest of the stor...
21:17, 2019-08-10

If Uber Wants It, It's Bad If you are negotiating with someone, and they are willing to make concessions as long as they keep one, single, big thing, then that is the thing that is important. Duh. Today, that thing is “your ability to live with human dignity.”...
16:51, 2019-06-14

Uber And Lyft Take A Lot More From Drivers Than They Say In July, an Uber driver we’ll call Dave—his name has been changed here to protect his identity—picked up a fare in a trendy neighborhood of a major U.S. metropolitan area. It was rush hour and surge pricing was in effect due to increased demand, meaning that Dave would be paid almost twice the re...
20:17, 2019-08-26

IRS looking into Uber 2013-14 tax returns Uber Technologies Inc is currently under a federal income tax examination by the Internal Revenue Service (IRS) for tax years 2013 and 2014, the ride-hailing company said in a filing https://www.sec.gov/Archives/edgar/data/1543151/000162828019007524/0001628280-19-007524-index.htm) on Tuesday....
14:00, 2019-06-04

Uber To California: Make Us AB5, the California bill that would codify a state Supreme Court ruling putting in place a strict test for whether a worker classifies as an independent contractor and has potentially profound implications on the ridehail industry, is awaiting Governor Gavin Newsom’s signature to become law. But th...
01:34, 2019-09-12

Uber will now kick you off its app if your rating is too low According to an app researcher Jane Manchun Wong with a history of impressive scoops that come from her constant reverse-engineering of popular mobile apps, it seems that Uber may be testing a feature that would represent a significant change to the ride-sharing business. Uber is apparently testing ...
02:00, 2019-05-30

Should Uber Bar Felons From Becoming Drivers? The tight U.S. labor market is pushing more employers to consider hiring nontraditional candidates, including some with criminal records. That is intensifying debates about safety, fairness and likelihood of success....
14:34, 2019-05-22

Uber And Lyft Don't Have A Right To Exist On Wednesday, Uber and Lyft released a new petition against Assembly Bill 5, the California bill about to be debated in the Senate that, if passed, would almost certainly result in gig economy workers being designated as employees in the state rather than independent contractors. Uber and Lyft fear ...
21:00, 2019-08-30

Uber says IRS looking at its 2013-14 tax returns The U.S. Internal Revenue Service is currently looking at Uber Technologies Inc's taxes for 2013 and 2014, and the ride-hailing company said it expects unrecognized tax benefits to be reduced within the next year by at least $141 million....
14:01, 2019-06-04

Uber lays off 435 employees The company counts nearly 100 million customers to app, but is having hard time making money. This is the second round of layoffs this year for Uber.       ...
05:17, 2019-09-11

Uber threatens to withdraw from Austria U.S.-based ride-hailing service Uber Technologies Inc threatened on Tuesday to withdraw from Austria if a new law that would subject it to the same price regulations as taxis is adopted....
15:51, 2019-06-18

Uber executive reshuffling drops its COO and CMO In an email that went out to employees on Friday, Uber CEO Dara Khosrowshahi said that because of progress made over the last two years, he now has more time to oversee day-to-day operations. Post-IPO, that will mean some reassigning of roles, and as......
01:51, 2019-06-08

Two Top Uber Executives Out Amid Shakeup Uber Technologies Inc. is shaking up its executive team less than a month after its disappointing initial public offering, with Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina both leaving the company....
23:17, 2019-06-07

Uber Freight HQ opens in Chicago Uber today announced the opening of its Chicago-based Uber Freight HQ, which it says will be one of the engineering hubs for its transport business.Read More...
20:00, 2019-09-09

Two Uber Board Members Step Down Two Uber directors—including entrepreneur Arianna Huffington, who had been vocal about changing the ride-hailing firm’s culture—are resigning from its board....
10:00, 2019-07-25

NYC extends its cap on Uber and Lyft vehicles New York City will cap the number of Uber and Lyft vehicles on its streets for another year. Today, the NYC Taxi and Limousine Commission (TLC) voted to extend the cap it approved last summer, which limits the number of for-hire-vehicles that can ope......
00:34, 2019-08-08

Uber loses more than $1bn in first quarterly report since IPO Company said it now had 93 million customers who are active on a monthly basis, 33% higher than the same period last yearUber lost more than $1bn in the first three months of the year, the ride-sharing company announced on Thursday.Releasing its first quarterly report since it became a public compan...
02:17, 2019-05-31

Uber reports $5.2B net loss in Q2, revenue up 14% The ride-hailing company said the large net loss reflected $3.9 billion of stock-based compensation expenses related to its initial public offering. ...
07:51, 2019-08-09

TLC approves permanent cap on Uber, Lyft in NYC The city is slamming the brakes on Uber and Lyft. The Taxi and Limousine Commission voted unanimously Wednesday to permanently extend the freeze on new for-hire vehicles in the Big Apple. The city temporarily stopped issuing new ride-hail vehicle licenses last August, but the cap was set to expire o...
22:51, 2019-08-07

No Ride for You? Uber's Risky Ratings Uber says it will start banning riders in the U.S. and Canada with “significantly below average” ratings. “Respect is a two-way street,” Uber said, noting that riders and drivers should meet a minimum rating threshold....
14:51, 2019-06-04

Parents, would you let your kid ride an Uber or Lyft by themselves? Uber and Lyft state that kids under 18 can't ride without being accompanied by an adult. Some do anyway, even with parental permission.       ...
21:17, 2019-09-04

The Legal Argument That Could Destroy Uber Days after Uber began selling stock, the National Labor Relations Board’s top lawyer gave the company a huge gift. In an advice memo, the general counsel’s office determined that Uber’s drivers are independent contractors, not employees. If drivers are legally determined to be employees, it would t...
15:34, 2019-05-21

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
15:01, 2019-05-21

A bad Uber rating could get you banned from the service If your Uber rating is too low, you could be banned from using the car-riding service. Uber announced it was refreshing its guidelines.        ...
03:00, 2019-05-30

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....
01:17, 2019-05-31

Uber will deactivate riders with low ratings Rude behavior or leaving trash behind could get you booted from Uber. The company has added "ratings-based rider deactivations" to its safety policy. Users can now get kicked off the app if they develop a "significantly below average rating."...
17:34, 2019-05-29

Uber's IPO Was Just a Bump in the Road, Top Executive Says Uber staff remain focused on global expansion following last month’s initial public offering, said Brooks Entwistle, the company’s chief international business officer....
00:01, 2019-06-16

Rude Uber Riders Could Be Booted From The App Uber riders prone to rude behavior such as leaving trash or urging drivers to speed may be booted from the app under a policy change that took effect here Wednesday....
08:51, 2019-05-30

Uber loses $1B in Q1 as revenue rises 20% Uber’s loss in its first quarterly report as a public company affirmed the challenges the company faces while spending heavily to fend off ride-hailing and delivery rivals. Uber's CFO said the company also had begun to see "less aggressive pricing" by competitors....
07:34, 2019-05-31

Two Top Uber Executives Are Out as C.E.O. Consolidates Power A month after Uber’s rocky I.P.O., its chief executive laid off two members of his executive team: the chief operating officer and the chief marketing officer....
01:51, 2019-06-08

Bad riders could be banned under new Uber policy Badly behaving Uber passengers can be banned from using the ride-sharing service if their rating score falls below a certain threshold, the company said in a policy update Wednesday....
19:51, 2019-05-29

Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million....
21:51, 2019-06-04

UPDATE 1-Uber says IRS looking at its 2013-14 tax returns The U.S. Internal Revenue Service is currently looking at Uber Technologies Inc's taxes for 2013 and 2014, and the ride-hailing company said it expects unrecognized tax benefits to be reduced within the next year by at least $141 million....
14:00, 2019-06-04

The New Provence: From Quaint to Uber-Chic Need proof this beloved vacation spot is evolving? An influx of design-savvy hotels and modern cuisine is reinvigorating the region. So long bouillabaisse....
00:34, 2019-07-12

Should You Apply for Jobs You Don't Want? Reddit user MrNumber28 asked, “Some days I wonder if I would get paid more working for a different company. I am happy at my job with the work I do, but would obviously love to be paid more. Is it wrong/is there any reason why I shouldn’t shop myself around to see what else I could get?”...
18:17, 2019-06-18

9 jobs you can do entirely on your phone Gleb Leonov/Strelka Institute/Flickr There are several jobs out there that require little more than a smartphone to do. They include online tutoring, market research, and advertising products on social media. Visit Business Insider's homepage for more stories. Smartphones have redefined what it me...
03:34, 2019-07-12

What are the top EU jobs and who decides on them? EU leaders are struggling to agree on who should be the new EU Commission President. And there are also several other prominent positions to fill. Here's the who's who of the EU....
16:51, 2019-06-21

|Jobs:RamaphosatoreceiveprogressreportfromNedlac President Cyril Ramaphosa will receive a report from the National Economic Development and Labour Council on the progress made on the 2018 Presidential Jobs Summit. This as Stats SA announced this week that the country was facing its highest unemployment level in 11 years....
14:17, 2019-08-01

Uber CEO says it 'sure looked like' Levandowski took Google's files Uber CEO Dara Khosrowshahi said: "I wasn’t here when we brought Anthony on board but what I do know is that we went to incredible depths to make sure that any information that Anthony might have acquired from Google -- and it sure looked like he did -- didn’t make it over to our company."...
12:34, 2019-08-30

Uber Copter's $200 flights launch in NYC on July 9th Uber's autonomous flying taxis aren't ready to take flight yet, but according to a report in the New York Times, it will offer air transit starting July 9th. Uber Copter will be available in New York City first, to Uber Rewards members who've obtaine......
17:34, 2019-06-06

Government To Order Uber, Ola To Go Electric: Report Some taxi players, like Ola, have previously tried to operate electric cars in the country, but with little success given inadequate infrastructure and high costs....
14:17, 2019-06-06

Uber and Ola hail interest in Addison Lee deal Uber Technologies and Ola, the Indian ride-hailing app, have expressed an interest in acquiring Addison Lee Group, potentially opening a new competitive front in one of the world's largest private taxi-hire markets....
15:00, 2019-07-24

Starbucks to deliver nationwide with help from Uber Eats Starbucks will take delivery nationwide in early 2020 through a partnership with Uber Eats. Buzz60’s Sean Dowling has more.       ...
20:51, 2019-07-24

The Morning After: Amazon drones and Uber Copter Hey, good morning! You look fabulous. In the lull between WWDC and E3 (remember to tune in for Google's Stadia announcement at noon ET), Amazon's showing off new delivery drones, Uber Copter is ready to take flight and there's some very exciting new......
17:34, 2019-06-06

Top executives leave Uber after internal shakeup NEW YORK (AP) — Uber is parting ways with two of its top executives less than a month after the company’s rocky initial public offering. CEO Dara Khosrowshahi told employees in an email Friday he plans to be more involved in day-to-day operations now that the IPO has passed. Khosrowshahi says ...
23:51, 2019-06-07

Mike Isaac’s Uber Book Has Arrived In “Super Pumped,” Mike Isaac describes the incredible rise and fall of Travis Kalanick, the chief executive of the world’s most infamous ride-sharing app....
18:00, 2019-09-06

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals....
00:51, 2019-05-31

Uber will start booting riders with low ratings Better be nice to your Uber driver and keep those stars up. Beginning Wednesday, the ride-hailing app will start to boot the worst of its boorish riders off the platform. “Respect is a two-way street, and so is accountability,” Kate Parker, Uber’s head of safety brand and initiativ...
18:17, 2019-05-29

Off-duty officer stabbed after argument in Uber BARTLETT, Tenn. — Police in Tennessee say an off-duty Bartlett officer has been stabbed in the face, neck and leg by a person still being sought by police. Memphis police tell news outlets that the officer was sharing an Uber with a man early Sunday when the two began arguing. A police report says t...
16:00, 2019-06-04

Uber to cut about 400 employees, citing 'mediocre results' Uber went public in May and currently trades just below the IPO price. The San Francisco-based company and its hometown rival, Lyft Inc., are under pressure from investors for heavy losses. ...
18:01, 2019-07-31

Uber to ban riders with low ratings: will you pass the test? Failure to tip, a refusal to chat … even where you sit could influence how drivers rate you and under a new policy could see you bannedWill your Uber rating be docked if youdon’t tip? What side of the car should you sit on? Small talk or silence?Since Uber first began to allow users to check their r...
07:51, 2019-06-01

Uber driver pulls out sex toy on cops who feared it was a gun A Connecticut Uber driver was tackled to the ground by police who believed he was reaching for a gun — only for him to whip out a sex toy, authorities said. Eliot Buenano-Andrade, 48, was allegedly caught masturbating in his white BMW sedan, which was pulled over with foggy windows in Monroe on Tues...
01:17, 2019-07-02

Uber Gets Sell-Side Green Light The ride-hailing firm has a stamp of approval from nearly every large research group despite the fact that it has yet to prove its business model can turn a profit....
02:00, 2019-06-05

Dutch minister: I did not have contact with Uber on tax plan The top Dutch tax politician has denied meeting representatives of Uber Technologies, in answer to questions from parliament about why the company has been allowed to claim a provisional $6.1 billion tax write-off in the Netherlands....
16:51, 2019-09-02

How Uber is turning everyone in the company into a data scientist Uber has built internal tools and platforms that others in the company can leverage, bringing cutting-edge expertise to anyone within the company.Read More...
01:34, 2019-08-01

Uber reports $1B loss as revenue rises Car sharing giant Uber has met its first quarter forecast, with a loss of $1 billion but increasing revenue and users. The losses were the result of big spending in the lead-up to its IPO earlier in May....
10:17, 2019-05-31

Uber will start banning riders with low ratings Uber said Wednesday that it will start banning riders with low ratings, a significant change to the company’s previous policies. The ride-sharing giant said that riders who have “significantly below average” ratings may lose access to Uber if they don’t heed the company’s advice on how t...
23:34, 2019-05-29

Uber's Jump will take on Lime's e-bikes in London Londoners have seen multiple bikeshare companies come and go -- including ofo, oBike and Urbo. When Lime introduced its e-bikes in December, it seemed like the tide could be changing. Now, Uber's Jump will give it a go. As part of a pilot program, Ub......
19:34, 2019-05-24

Uber experiment allows Eats orders from the main app Uber has started rolling out an experimental version of its app that was made to persuade its main service's customers to try its food delivery business. The company has confirmed to TechCrunch that it has embedded a webview version of Eats into the......
08:34, 2019-06-05

Uber promises a bottomless well of money to investors … but not yet Expect a barnstorming debut at the latest tech company listing, yet there is no sign of any profits in the near futureWho wants to invest in a company that has never made a profit, admits it may never do so and is on the brink of war with its global workforce? Probably a fair old chunk of Wall Stree...
16:00, 2019-05-21

Uber could give you the option to ‘favorite’ drivers Uber might be developing a feature that lets riders add drivers as a "favorite" so they can ride with them again in the future. App researcher Jane Manchun Wong revealed the potential app addition on Monday, noting that Uber was apparently testing th......
17:34, 2019-05-29

UPDATE 3-Uber says IRS probing its 2013-14 tax returns The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million....
19:01, 2019-06-04

Uber launching helicopter service to JFK this summer Uber is finally ready to take to the skies — and has chosen the Big Apple for its helicopter-sharing debut. The ride-hailing giant said Thursday its aerial division, Uber Elevate, will launch a luxe service called Uber Copter on July 9 that will fly passengers from Lower Manhattan to JFK airport in ...
20:51, 2019-06-06

Uber will test its flying taxis in Melbourne Uber has chosen the third test city to join Dallas and Los Angeles for its flying taxi trials: Melbourne, Australia. The third location was supposed to be Dubai, but negotiations fell through and prompted the company to look for another site for tria......
20:34, 2019-06-12

Uber Posts Its Largest Quarterly Loss Uber reported its largest-ever quarterly loss, weighed down by heavy competition in Latin America and elsewhere, as well as a large expense related to its initial public offering....
18:17, 2019-08-09

Uber unveils next-generation Volvo self-driving car Uber unveiled its newest Volvo self-driving car as it works to deploy vehicles without drivers under limited conditions. Uber said the production-ready XC90s will have factory-installed steering and braking systems designed for computer control rather than human control....
20:17, 2019-06-12

Uber Is Latest Firm to Flounder Post-IPO Many of the most anticipated technology IPOs in the past decade have disappointed investors after reporting their first quarterly results as public companies....
20:17, 2019-08-09

Uber launches helicopter service in New York The new service transports passengers from Manhattan to the John F. Kennedy International Airport for about $200.       ...
22:34, 2019-07-10

Ari Lennox Went From Uber Driving to Headlining Her Own Tour The R&B singer Ari Lennox spoke to GQ about her debut album, 'Shea Butter Baby,' and why she really wishes people would stop comparing her to Erykah Badu....
17:51, 2019-06-17

Uber COO, marketing chief step down - memo Uber Technologies Inc Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina are leaving the company, Chief Executive Officer Dara Khosrowshahi said in an internal memo seen by Reuters....
00:00, 2019-06-08

Uber unveils its vision of flying taxis Uber presented a grandiose vision of flying vehicles whisking people around cities at its annual flying car conference Tuesday in Washington, DC, a day after a fatal helicopter crash raised safety questions about plans for increased air traffic over cities....
02:17, 2019-06-13

Top Uber executives pushed out in shake-up after IPO launch Two of Uber’s top executives were pushed aside last week in a management shake-up at the ride-share company following its lackluster initial public offering. Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina left the company, according to an Uber regulatory fil...
05:00, 2019-06-09

Uber Takes Texas Taxpayers For A Ride Uber, the ride-hailing company that has lost $16.2 billion over the last two and a half years, got a bit of good news thanks to the generosity of Texas taxpayers....
18:51, 2019-08-22

Uber to unveil next-generation Volvo self-driving car Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions....
14:51, 2019-06-12

Uber-rich: the wealthy people who will get even wealthier from IPO Ride-hailing app valued at $80bn, below its initial target – but it will still make billions for some early investorsUber on Thursday priced its shares at $45 each on its Wall Street debut, valuing the company at a disappointing $82bn.While its value could rise on the first day of trading, the figur...
16:00, 2019-05-21

Uber trying to put brakes on Florida salon app’s trademark A single mother from Florida is gearing up for battle with ride-hailing behemoth Uber over an app she is building. Carolina Vengoechea, 45, tells The Post that Uber has demanded she give up the name of her beauty salon app, called “BeauBer.” But she has refused, arguing that the name is the combinat...
09:17, 2019-08-22

Bajaj Qute Launched On Uber XS In Bengaluru Bajaj and Uber have partnered to launch the Qute quadricycle for the Uber XS ride category in Bengaluru. This is a pilot project and it will be offered in certain parts of Bengaluru, to begin with....
17:00, 2019-06-13

Volvo and Uber's first self-driving car is ready for the road Two years later, Volvo and Uber are ready to show off their first purpose-built self-driving car. They've introduced a variant of the XC90 SUV that's designed to accept and work with Uber's autonomous driving system from the outset. It packs sensors......
20:34, 2019-06-12

Uber has more than 100 million users, but is still losing money Uber might seem ubiquitous, but the ridesharing company is still growing, it reported in its quarterly earnings. In July, more than 100 million people took Ubers or used the company's services. That's the first time it hit that monthly milestone. Tri......
04:17, 2019-08-09

Uber upgrades its Jump scooters and bikes Uber has revealed its second-generation Jump electric scooters, which will feature bigger wheels and improved brakes. The rideshare giant showed off its new scooter at its third-annual Elevate conference, along with a new user swappable battery syste......
04:34, 2019-06-13

Uber Copter Is Here For People Worth $400 an Hour Uber is a modest company with modest goals. It simply wants to change how people get around and also get New Yorkers from Manhattan to John F. Kennedy Airport in less than half an hour. I’m still not entirely sure how it plans to accomplish the former, but Uber’s plan for the latter is pretty straig...
02:00, 2019-06-07

Uber drivers and other gig workers in California could get better pay under proposed law Uber, Lyft in the crosshairs as California lawmakers look to redefine part-time job rules to boost pay, benefits for drivers.       ...
19:34, 2019-07-17

New Lawsuit Against Uber Is Set to Test Its Classification of Workers A class-action suit on behalf of drivers in federal court in California, filed on Wednesday, accused Uber of wrongly classifying drivers under the state’s employment test....
00:17, 2019-09-13

Uber is sued over resistance to California 'gig' employment law A driver for Uber has sued the company for misclassifying its drivers as independent contractors, hours after California legislators voted to help thousands of those workers become, and enjoy the benefits of being, employees....
05:17, 2019-09-13

Former Uber Employee Says 'Safe Rides Fee' Was the Rip-Off You Always Suspected Uber has, across its 10-year history, been the subject of any number of public scandals—from workplace sexual harassment and data privacy to labor strikes and myriad other controversies. But thanks to a forthcoming book on the beleaguered company, employees had a chance to reminisce about one some o...
01:17, 2019-08-24

They Got Rich Off Uber and Lyft. Then They Moved to Low-Tax States. Meet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock market....
15:00, 2019-05-21

Uber rolls out next-generation self-driving Volvo At an event in Washington, Uber unveiled a fleet of redesigned self-driving cars that it expects will hit public roads in the coming months.Read More...
00:51, 2019-06-13

Apple says it supports 2.4m jobs in the US Apple as released new findings that claim it supports as many as 2.4 million jobs in the US and is on pace to directly contribute £350 billion to the American economy by 2023.Across its supply chain, Apple says it deals with 9,000 supplier in the US, spending $60 billion and supporting 450...
15:00, 2019-08-16

Who Did the E.U.’s Leaders Choose for Its Top Jobs? A German supporter of a “United States of Europe,” a French power broker, a Belgian coalition-builder and a Spanish socialist will try to lead the European Union through complex times....
23:51, 2019-07-02

EU's Tusk wants at least two women in top EU jobs The chairman of European Union leaders Donald Tusk on Tuesday got a mandate to seek out the best candidates for the EU's top jobs this year and said he aimed to fill at least half of them with women....
00:00, 2019-05-29

Ford to cut 7,000 jobs including more than 500 in UK US carmaker announces plans to reduce global workforce by 10% by the end of AugustFord is to cut at least 7,000 jobs, including about 550 in the UK, as it presses ahead with plans to reduce costs in Europe and the US.The US carmaker said it planned to cut 10% of its global workforce by the end of Au...
19:51, 2019-05-21

Germany's Siemens to cut 2,700 jobs Siemens has announced massive job cuts in its power generation division as it seeks to make cost savings. The industrial giant is undertaking a major restructuring with the aim of cutting more than €2 billion in costs....
10:34, 2019-06-19

Here are 79 jobs with six-figure salaries 24/7 Wall St. reviewed average annual salaries from the Bureau of Labor Statistics to identify the 79 jobs with six-figure salaries.       ...
14:17, 2019-08-08

Why the jobs report could be better than everyone expects Can I predict the employment report correctly for the second straight month? We’ll know Friday. By most measures, the US economy looks as though it’s weakening. But tomorrow’s employment report could show the opposite. In fact, I think it will — but not because the economy is strong. Sorry that I’m ...
04:51, 2019-06-06

Tim Ryan on Manufacturing Jobs Mr. Ryan, a congressman from a working-class district in Ohio, wants to create jobs in places whose economies have long depended on the auto industry....
20:17, 2019-06-27

Deutsche Bank to axe 18,000 jobs Deutsche Bank says it will cut 18,000 jobs by 2022 as part of a major restructuring of the embattled bank. For years, Germany's biggest lender has suffered from weak performance and legal woes....
22:51, 2019-07-07

EU leaders wrangle over top jobs EU leaders are meeting in Brussels to try and agree on who should fill the bloc's top posts. Berlin and Paris are at odds over who is best equipped to take the reins amid challenges such as Brexit and climate change....
00:00, 2019-06-21

Ford to cut 12,000 jobs in Europe Ford Motor Co. will cut some 12,000 jobs in Europe as part of a restructuring plan to sell six of its plants there, the automaker announced Thursday....
23:17, 2019-06-27

How 5 Data Dynamos Do Their Jobs Reporters from across the newsroom describe the many ways in which they increasingly rely on datasets and spreadsheets to create groundbreaking work....
19:34, 2019-06-12

Everything You Need To Know About Final Fantasy XIV's New Jobs Final Fantasy XIV’s upcoming expansion Shadowbringers looks to be a dark tale full of dimension-hopping and cosmic threats. The expansion releases June 28 in early access for those who pre-order, and July 2 for everyone else. It adds two new classes and revamps nearly every old class as well. I had ...
16:17, 2019-05-29

Uber Rides Get Cheaper With New Bajaj Qute Car on UberXS Uber has launched a new ride-hailing service in Bengaluru that will use miniature gas-powered cars called Qute to win over commuters stressed out by the sprawling city's heavily-congested streets....
10:00, 2019-06-14

People hate Uber, but it's because of quality control, not politics Uber is reportedly in “crisis mode" as it works to piece back together its disintegrating reputation. But a Washington Post article from late last month gives every indication that it’s a lost cause....
02:00, 2019-09-06

Volvo and Uber unveil autonomous production XC90 Volvo’s self-driving ready XC90 is ready for deployment in Uber’s future driverless ridesharing service Volvo has presented the fruits of its ongoing collaboration with ride-hailing firm Uber: a production ready XC90 capable of self-driving.  Fitted with “an array of sensors” (not detailed in depth...
21:17, 2019-06-12

U.S. denies Tesla, GM, Uber 25% Chinese tariff relief The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride-hailing company Uber's petition to waive tariffs on electric scooters a...
07:34, 2019-06-14

Students: Know the rules of the road before your Uber or Lyft summer gig Driving for Uber or Lyft could be an ideal way for college students to earn some summer cash. Here are some rules of the road they should know first.       ...
13:34, 2019-06-13

Volvo unveils first fully self-driving vehicle for Uber Uber and automaker Volvo on Wednesday unveiled a new self-driving sport-utility vehicle they say is the next step in reaching autonomous rideshare transportation....
18:51, 2019-06-12

UPDATE 1-Uber to unveil next-generation Volvo self-driving car Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers under some limited conditions....
18:17, 2019-06-12

Uber posts $1B loss in its first quarter as a public company Ride-hail giant Uber lost more than $1 billion in its first quarter as a public company. Though the eye-popping figure had been expected by investors, the company also confirmed Wall Street’s fears about slowing growth. The cash-burning outfit gave investors no indication that profitability is in th...
04:51, 2019-05-31

Uber Air flying taxi service to be trialled in Melbourne Telstra, Macquarie, Westfield-operator Scentre Group, and Melbourne Airport to help the Silicon Valley darling launch a third Uber Air pilot city and the first outside of the United States....
06:51, 2019-06-12

Uber Names Melbourne as First Non-US City for Flying Car Programme Uber has selected Melbourne, Australia, as the first non-US city for its aerial ridesharing service that is expected to launch in 2023, as it unveiled new partners for the ambitious initiative....
11:00, 2019-06-12

Uber makes it easier to find bikes and scooters in its app As of today, when Uber customers in Atlanta and San Diego open their Uber app, they'll see Jump bikes and scooters, as well as Lime scooters, in the main map. According to TechCrunch, Uber plans to add bike and scooter availability to its app in more......
22:51, 2019-07-01

Dad claims he caught Uber driver raping his daughter A father claims he caught an Uber driver raping his daughter after he tracked her on a new app when she didn’t come home. The horrified dad allegedly found his 25-year-old daughter being attacked in the backseat of the ride-share car in Baltimore, Maryland. According to CBS, the dad exchanged ...
00:51, 2019-06-08

This brilliant free app tells you if it’s cheaper to take Uber or Lyft Doug Feigelson’s app Anyride has been out for a few months now, which means it’s still new enough that you might not have heard of it or become aware of it yet. But if you’re a frequent Uber or Lyft rider, you’ll definitely want to take note, because the app offers a one-stop...
22:51, 2019-06-04

Colombia fines Uber more than $629,000 for obstructing regulatory visit Colombia's commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than $629,000 for obstructing a regulatory visit in 2017....
21:17, 2019-08-12

Uber CEO’s assurances fail to stop stock slide Wall Street hit the brakes on Uber Friday — despite vows from chief executive Dara Khosrowshahi that its record $5 billion loss, reported late Thursday, will never happen again. After dropping more than 6 percent in late trading Thursday, Uber’s stock went on a day-long slide Friday that saw it clos...
23:51, 2019-08-09

Family of slain Chicago cab driver sues Uber CHICAGO (AP) — The family of a Chicago cab driver who died after being hurt in a fight with a ride-sharing driver is suing Uber. Fangqui Lu is wanted on a murder warrant in the September death of Anis Tungekar. Authorities say the 64-year-old Tungekar was injured two days before his death by Lu, who...
06:34, 2019-06-05

No Lyft for Uber shares after results fall short Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Street targets in its quarterly earnings report, in sharp contrast to upbeat numbers from U.S. rival Lyft Inc a day earlier....
19:17, 2019-08-09

12-year-old girl took Uber alone to jump to her death, family says A 12-year-old Florida girl called an Uber to bring her to a parking garage to kill herself, and her family blamed the the company this week for her death, according to a report. Benita “BB” Diamond, who is from Orlando, was picked up by a driver in the middle of the night on Jan. 10......
15:51, 2019-06-07

De Blasio plans to make NYC’s cap on Uber, Lyft permanent City Hall is putting the cap on Uber and Lyft — again. With the daily app-based for-hire vehicle trips nearing 800,000 per day, Mayor Bill de Blasio has decided to permanently suspend the issuance of new licenses, a limit passed by the City Council in August. The city also wants to reduce the amount...
22:51, 2019-06-12

Uber Copter to Offer Flights From Lower Manhattan to J.F.K. For an 8-minute, one-way flight, the average ride will cost between $200 and $225 per person and include private ground transportation on both ends of the trip....
00:17, 2019-06-06

Man accused of fatally shooting Uber driver and another passenger A Maryland man has been arrested in connection with the fatal shooting of his Uber driver and another passenger, the Prince George's County Police Department said Wednesday....
19:00, 2019-08-29

Uber sees biggest-ever quarterly loss: $5bn in three months Second earnings report shows worse-than-predicted losses and revenue growthUber lost $5.24bn in the last three months, its largest-ever quarterly loss, news that sent the ride-hailing company’s shares sliding 10%.The company was reporting earnings for only the second time following its share sale in...
06:00, 2019-08-09

Uber stock plunges after whopping $5.2B quarterly loss Uber shares plunged 6.3 percent in late trading to $40.27, after the ride-hailing giant reported a disappointing quarter capped by a record $5.2 billion loss. Uber said it lost a whopping $5.2 billion, or $4.72 a share, in the second-quarter on revenue of $3.17 billion. Wall Street had been expectin...
04:17, 2019-08-09

Uber Eats driver caught masturbating just after delivery An Uber Eats delivery driver was allegedly caught masturbating inside his car by the New Jersey woman to whom he’d just delivered an order, authorities said Wednesday. Vinicius Porto, 31, had just handed off a bag of grub to a 23-year-old customer around 4:45 p.m. June 13 when the hungry clien...
23:00, 2019-06-19

Polish payment system Blik to be available on Netflix, Uber - PPS CEO Netflix, Uber and other companies will soon accept payments using Poland's Blik, said the chief executive of Polish Payment Standard (PPS), the company behind the system....
15:34, 2019-06-28

California’s nanny state politicians might kill off Uber Uber has revolutionized the transportation industry, created a gig economy for part-time flexible employment, and improved the lives of millions of Americans....
13:17, 2019-08-13

How to market uber-luxury travel to the super wealthy CEO of Half Moon Bay Antigua, William Anderson, explains to CNBC's James Wright how to sell $25M plots to the super rich, when the resort hasn't even been built....
21:17, 2019-05-31

Uber's hopes go into reverse in new TfL battle for London licence Uber Technologies is facing an uphill struggle to secure a long-term licence from London's transport regulator little more than a year after it was forced to go to court to overturn an outright ban....
15:34, 2019-08-03

Man busted for robbing Dunkin’ Donuts and fleeing in Uber A Long Island man was busted for robbing a Dunkin’ Donuts — after using an Uber as his getaway car, according to cops. Andrew Sandson, 57, is accused of holding up the doughnut store in Brentwood on Sunday night by handing over a note warning he had a gun and demanding cash. A staffer gave......
22:17, 2019-06-17

Uber contradicts own research with London congestion ad claim Poster displayed near two TfL offices said car-pooling service helped reduce trafficAn Uber advertising campaign in London has claimed that its car-pooling service reduces traffic, contradicting the findings of the US ride-hailing app company’s own research.A large billboard poster displayed in Lond...
09:34, 2019-08-27

What you're watching, mutual fund scrutiny, and Uber's 'bloodbath' Netflix When you sit down to watch a TV show or movie on Netflix, you're helping fine tune the streaming giant's recommendation engine. As BI reporter Ashley Rodriguez reported this week, algorithms sort through the thousands of titles available to determine which to display, in what order, and wit...
07:51, 2019-08-05

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever Well, well, well! If it isn’t our beleaguered rideshare giant Uber reporting yet another quarter of continued losses after its disastrous IPO earlier this year. In its earnings report released Thursday, the company said it burned through more than $5 billion—its largest losses to date.Read more......
08:17, 2019-08-09

Polish payment system Blik to be available on Netflix, Uber: PPS CEO Netflix, Uber and other companies will soon accept payments using Poland's Blik, said the chief executive of Polish Payment Standard (PPS), the company behind the system....
16:51, 2019-06-28

Proposed rules in India could force Uber to go electric Uber has been trying to get more electric vehicles to join its fleet for a while now, but it might have to find a way to speed things up if India passes a set of proposed rules for clean mobility. According to Reuters, Indian officials are planning t......
08:00, 2019-06-10

UPDATE 1-Dutch minister: I did not have contact with Uber on tax plan The top Dutch tax politician has denied meeting representatives of Uber Technologies , in answer to questions from parliament about why the company has been allowed to claim a provisional $6.1 billion tax write-off in the Netherlands....
19:17, 2019-09-02

Ex-Uber engineer Levandowski charged by U.S. in Waymo case The indictment of Anthony Levandowski, announced Tuesday by federal officials, adds a new criminal chapter to the saga that hung over Waymo’s civil claims of trade-secret theft against Uber. That case was settled last year....
22:34, 2019-08-27

Uber braced for bumper tax bill as IRS and other countries investigate Taxi app firm’s ‘transfer pricing positions’ under examinationUS, UK, Netherlands and India reviewing company’s taxesUber is under investigation by US and foreign tax authorities, the company confirmed on Tuesday, saying it could face charges in key markets including the UK. Related: The gig is up: ...
20:34, 2019-06-04

Uber's COO and CMO to step down as CEO Khosrowshahi takes on bigger role Khosrowshahi said he will take on a more involved role in the company, with the heads of core businesses such as Ridesharing and Uber Eats now reporting directly to him....
02:00, 2019-06-08

Uber’s no-good, terrible-rotten bad Q2 loses more than $5 billion Enlarge / Headquarters of ride-sharing technology company Uber in the South of Market (SoMa) neighborhood of San Francisco on October 13, 2017. (credit: Smith Collection/Gado/Getty Images) Uber lost more than $5 billion dollars in the second quarter of the year. This is the latest in a long seri...
03:17, 2019-08-09

‘Uber of Weed’ wants to raise $100M despite app store bans Snoop Dogg-backed cannabis company Eaze is raising a new round of financing that’s expected to value it at $800 million — despite Google trying to kill the vibe on Wednesday, sources told The Post. The San Francisco company is seeking $100 million in a fundraising bid that could value the pot delive...
11:51, 2019-05-30

Bolt won’t beat Uber by copying it – it needs to forge its own path Bolt, previously known as Taxify, is a ride-sharing app and one of Estonia‘s four unicorns (AKA startups valued at over $1 billion). On a visit to Talinn, TNW met with Martin Villig, the company’s co-founder, to hear about Bolt’s plans to become the de facto transport app in the world. The problem? ...
18:17, 2019-05-23

Uber's next business idea: Lending money to drivers Uber is reportedly looking into offering loans directly to drivers, according to a report from Recode. The ride sharing company recently sent out an in-app survey to some drivers that indicated the company is starting to build a "new financial produc......
16:00, 2019-09-07

Uber Must Act Against Those Who Harassed Disability Rights Activist: Centre The Centre has asked app-based cab aggregator Uber India to act against two of its drivers, who had allegedly harassed disability rights activist Arman Ali....
19:34, 2019-07-04

Loss-making Uber does not look like a business worth $90bn As drivers protest and the IPO roadshow rolls on, investors need to ask some tough questionsGood luck to those Uber workers protesting about wages and working conditions. They picked their moment to coincide with this week’s IPO in New York, in which the company is set to be priced at $90bn (£70bn) ...
16:00, 2019-05-21

Uber Eats may soon offer an unlimited delivery subscription Paying for delivery is so passé, and Uber Eats knows it. Like Postmates, DoorDash and the UK's Deliveroo, which all offer unlimited food delivery subscriptions, Uber is set to offer a monthly $9.99 pass that includes free delivery from any res......
14:17, 2019-05-22

Uber and Lyft's poor performance is a 'big advantage' for IPO investors, says pro Uber and Lyft's trajectories as newly public companies are a boon for the buy side of the IPO market, says Renaissance Capital's Kathleen Smith....
23:00, 2019-09-08

Uber won’t reclassify drivers as employees, despite California’s AB5 ruling Uber has said it has no plans to reclassify its vast army of drivers as employees, in light of the the gig workers’ rights bill passed in the California Senate yesterday. “We continue to believe drivers are properly classified as independent, and because we’ll continue to be responsive to what the v...
09:00, 2019-09-12

Uber Says It Will Not Change Driver Status Under California Gig-Worker Law The company said that a bill state lawmakers passed this week to extend minimum wage and other protections to independent contractors does not apply to its drivers....
00:00, 2019-09-12

Uber faces uphill legal fight against California law Uber's announcement that it would continue to classify its California drivers as contractors despite new state legislation classifying the workers as employees drew scoffs from labor law experts....
13:17, 2019-09-13

Uber tests a $25 Pass that covers Eats and transportation Uber is testing a subscription option that offers all-inclusive or discounted access to all its services. It's trialing a few variants of the plan in Chicago and San Francisco. All of them include trips on Jump e-bikes and scooters at no extra cost,......
07:51, 2019-07-23

Uber Vows to Fight California Legislation on Gig Economy California passed landmark employment legislation that challenges the business model of such gig-economy companies as ride-hailing giants Uber and Lyft. Uber said it would fight the measure....
03:00, 2019-09-12

Uber and Lyft Are Trying to Compete with Google Maps For Some Reason When you’re trying to figure out how to get somewhere, the odds are pretty good your first move is opening Google Maps. But Uber and Lyft each want to change that. To them I say: good luck....
02:51, 2019-07-20

Uber glitch charged some customers 100x what they expected to pay Uber riders in a number of cities around the world on Wednesday were met with some stress-inducing sticker shock when noticing the price they’d been charged ended up getting massively inflated. In what appeared to be a case of decimal points not being read by the ride-sharing system correctly,...
00:00, 2019-07-19

Uber Eats now lets you preorder the food you want to eat in a restaurant Uber has introduced a brand new feature of its food delivery service that involves absolutely no food delivery whatsoever. Instead of having a driver pick up your order and bring it to your home, the new Uber Eats feature lets place food preorders with your favorite restaurants before you actually a...
21:51, 2019-07-03

There's a Good Chance Your Uber or Lyft Hasn't Gone In For Its Recalls Uber and Lyft are bad at recalls, Tesla is still sliding, Maven is packing up in some markets, and Toyota is playing games, all in The Morning Shift for Tuesday, May 21, 2019....
16:34, 2019-05-21

OpenTable now offers delivery with help from Uber Eats and Grubhub As of today, you can use OpenTable's updated iOS app to book dinner reservations or have your food delivered. OpenTable announced that it's partnering with Uber Eats, Caviar and Grubhub to offer meal delivery from over 8,000 restaurants in 90 cities......
16:34, 2019-07-24

Uber wants to sell you Echos, AirPods and Oculus headsets Uber is taking its retail offerings up a notch. Last year, the company teamed up with Cargo to let drivers hawk goods ranging from snacks to phone chargers. Now, Uber and Cargo are hoping riders will buy more expensive products, like Amazon Echos, Ap......
02:34, 2019-07-18

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
07:51, 2019-05-30

Uber, Indian Oil To Offer Fuel Discounts To Drivers Ride-hailing giant Uber on Thursday announced it is partnering with state-run Indian Oil Corp Ltd (IOCL) to offer discounts to drivers on petrol, diesel and CNG at IOCL petrol pumps across India....
18:00, 2019-05-31

Uber launches in Hamburg, now live in six German cities Uber said on Wednesday it was launching ride-hailing services in Germany's second city, Hamburg, as it seeks to achieve scale in a country where it has met resistance from local taxi firms, city governments and the courts....
01:17, 2019-07-17

Uber, Sun Mobility tie up to offer electric three-wheelers in India Ride hailing company Uber Technologies Inc and Bengaluru-based start-up Sun Mobility said on Wednesday they will partner to offer commuters in India electric auto-rickshaws in the coming months, amid a push by policymakers to encourage the use of cleaner fuels....
14:34, 2019-07-24

Uber rang in its IPO with champagne and mimosas. Then the hangover began. Uber's IPO celebrations were boozed-filled benders that and occasionally got out of control, hearkening back to the company's culture under ousted CEO Travis Kalanick....
19:00, 2019-05-21

Mets find a new hero after 112-mile Uber ride An Uber driver named Jason picked up his passenger at 1050 IronPigs Way in Allentown, Pa., early Wednesday evening. The rider needed to go about 112 miles to 123-01 Roosevelt Avenue in Queens for what would be a hefty fare during the heart of rush hour, but a necessary cost. Jason and his passenger ...
09:00, 2019-05-23

Uber expands Pro perks globally, but drivers would probably prefer better pay Uber is bringing its driver-focused Uber Pro service to international markets, including Mexico and India, following a series of pilot programs.Read More...
04:17, 2019-07-03

The top tech IPOs this year have outperformed the S&P 500, despite Uber and Lyft Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments....
17:00, 2019-09-14

Starbucks plans nationwide delivery in the US with Uber Eats More Americans will be able to take advantage of on-demand Frappuccinos. Starbucks announced today that it's expanding its partnership with Uber Eats, aiming for nationwide delivery by early 2020. Currently, only 11 cities offer the service; Boston,......
02:34, 2019-07-24

Blasting Rich People Into Space Is Better Business Than Uber, Somehow Virgin Galactic is preparing to become the first publicly traded spaceflight company, and the venture is setting a course to be profitable by August 2021, which would put it lightyears ahead of the profitability projections of another transportation-based company that simply moves people around on E...
00:17, 2019-07-10

How to prepare children for jobs of the future Today's classroom is a far cry from the traditional image of locker desks, chalkboards and pencils. With education expected to prepare children for a fast-changing digital workplace, technology-led learning is becoming the norm and kids may be coding before they can read and write....
18:00, 2019-08-06

Apple says it is responsible for 2.4 million U.S. jobs The iPhone maker said its direct workforce grew from 80,000 to 90,000 in the 2.5 years since its last U.S. job estimate, while app-related jobs totaled 1.9 million, up by 325,000 from its previous estimate....
15:34, 2019-08-16

The Strange Guilt Of Changing Jobs In An MMO As I continue to lose myself in the world of Final Fantasy XIV’s latest expansion, writing guides on how new folks can get started and fighting terrifying raid bosses, I’ve also taken the time to experiment with new jobs. I followed my co-worker Mike Fahey’s lead and started the new Dancer job. And ...
19:00, 2019-07-18

Auto jobs still appeal to students A recent study found that among values would-be workers say they want in a future employer, trustworthiness, a strong reputation and a history of innovation topped the list. That's hard to come by if your company's younger than the iPhone....
05:51, 2019-08-07

What would Steve Jobs think of the today's Apple? Steve Jobs never left anyone in any doubt as to what he thought. And thanks to hundreds of hours of keynotes, speeches, and interviews, we can get an insight into what Apple's co-founder might think about the current state of the company....
16:00, 2019-07-05

Apple Says It's Responsible for 2.4 Million Jobs in the US Apple has created 2.4 million jobs across all the 50 US states so far, four times the number of American jobs attributable to the company eight years ago....
13:34, 2019-08-16

Who's in the running for Juncker's post and other EU top jobs? EU leaders will head back to Brussels on Sunday night for a special meeting to try and agree on who should be the next president of the European Commission....
02:00, 2019-06-29

One of the Most Lucrative Washington Jobs Is Now Open One of the highest-paying jobs in public service just became available: heading a small but powerful regulator responsible for overseeing the $4 trillion market for state and local bonds....
13:51, 2019-08-13

Five Things to Watch in the May Jobs Report The economy is churning out jobs and wages are rising. But employers face headwinds, such as trade tensions and slowing global growth, that could slow hiring....
22:17, 2019-06-06

Nissan set to cut 10,000 jobs globally, according to reports Japanese media report cuts could be announced this week, as crisis-hit firm looks to turn around its fortunes Nissan is preparing to axe more than 10,000 jobs globally, according to Japanese media. The car maker announced 4800 job cuts earlier this year, as part of an initiative to turn its fortune...
17:34, 2019-07-24

Aviva overhauls UK business, to cut 1,800 jobs British insurer Aviva will change the structure of its UK business and cut costs across the firm, with the loss of 1,800 jobs over three years, it said on Thursday....
08:51, 2019-06-06

Workers Flee Big Cities---and Take Their Jobs With Them People who do their jobs from home, freelance or frequently travel for work are fueling a renaissance in American cities that lie outside the major job hubs....
19:00, 2019-09-09

Ford to cut 12,000 jobs in Europe by end 2020 Ford said it will cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a wave of cost reductions in an auto industry facing stagnant demand and huge investments to build low emission cars....
19:51, 2019-06-27

U.S. Added 75,000 Jobs in May as Hiring Slowed Employers tapped the brakes on hiring in May, signaling companies are taking a more cautious approach at a time of slowing global growth and trade tensions....
17:51, 2019-06-07

Jobs done at Pan Am Games, now looks ahead to Olympics Eve Jobs contributed to a United States bronze in team show jumping at the Pan Am Games and narrowly missed out on another in the individual event on Friday, putting the youngest daughter of Apple founder Steve Jobs in the Olympic conversation....
07:51, 2019-08-10

Here are dozens of jobs where you will make $100,000 a year or more 24/7 Wall St. reviewed average annual salaries from the Bureau of Labor Statistics to identify the 79 jobs with six-figure salaries.       ...
20:51, 2019-08-10

Ford to slash 12,000 jobs in Europe The US car manufacturer said the move would pave the way for it to become profitable again as it focuses more on electric vehicles. It also confirmed that it would sell plants in five countries across Europe....
22:51, 2019-06-27

ADP-Moody's: 156,000 jobs added in July U.S. companies added 156,000 jobs for the month of July -- a figure that tops expectations despite increased job cuts in the retail sector, ADP and Moody's Analytics reported Wednesday....
18:51, 2019-07-31

Automakers Cut 38,000 Jobs in the Last Six Months and More Are on the Way: Report Things start getting depressing when you count up automakers’ recent job cuts, Dr. Z retires but not before telling Daimler to cut costs, Bosch gets fined for role in Dieselgate, Tesla has doubters on Wall Street and more for The Morning Shift of Thursday, May 23, 2019....
17:51, 2019-05-23

ADP-Moody's: 156,000 U.S. jobs added in July U.S. companies added 156,000 jobs for the month of July -- a figure that tops expectations despite increased job cuts in the retail sector, ADP and Moody's Analytics reported Wednesday....
22:00, 2019-07-31

How to prepare children for the jobs of the future Today's classroom is a far cry from the traditional image of locker desks, chalkboards and pencils. With education expected to prepare children for a fast-changing digital workplace, technology-led learning is becoming the norm and kids may be coding before they can read and write....
21:17, 2019-08-02

What to Watch For in the July Jobs Report Friday’s jobs report will offer a window into the resilience of the decadelong U.S. economic expansion at a time of trade tensions and slowing global growth....
16:00, 2019-08-01

Ford Says To Slash 12,000 Jobs In All Across Europe Ford plans to slash a total of 12,000 jobs across Europe as part of a previously-announced restructuring, as it closes or sells six plants in Britain, France, Russia and Slovakia in 2019 and 2020....
22:00, 2019-06-27

Macron says GE must keep its jobs commitments in France French President Emmanuel Macron said on Tuesday his government would remain vigilant as to whether General Electric Co respects its commitments in terms of jobs in France....
01:34, 2019-05-29

U.S. Employers Added 130,000 Jobs in August The U.S. added 130,000 jobs in August and unemployment stayed historically low, suggesting the economy held firm during a month when a deepening global slowdown and faltering manufacturing activity stoked fears of a sharp U.S. slowdown....
19:00, 2019-09-06

Facebook to create 500 new UK tech jobs Facebook is expanding its presence in the UK with a new engineering center and the social network has announced that it will create 500 new tech jobs in London by the end of 2019.Of these new jobs, 100 will be dedicated to artificial intelligence (AI) which the company plans to use to create systems...
06:51, 2019-06-13

Renewable energy jobs in UK plunge by a third Exclusive: report reveals investment in the sector has halved in recent yearsThe number of jobs in renewable energy in the UK has plunged by nearly a third in recent years, and the amount of new green generating capacity by a similar amount, causing havoc among companies in the sector, a new report ...
19:00, 2019-05-30

EU top jobs explained: who is coming in and what is their role? From Ursula von der Leyen at the European commission to Christine Lagarde at the ECB, your guide to key EU jobsOutgoing: Jean-Claude JunckerIncoming: Ursula von der Leyen Continue reading......
23:34, 2019-07-03

Jobs are at stake — pass the USMCA At the end of 2018, the Trump administration finalized the renegotiated North American Free Trade Agreement, resulting in a new trade deal now called the United States-Mexico-Canada Agreement. This milestone is good news and a big win for the United States and its North American allies....
16:17, 2019-05-30

Workers who switch jobs make 5% more than they did before Some people switch jobs for different lifestyles. Some move to change careers. Regardless of the reason, it can often lead to more money.       ...
21:34, 2019-07-31

Apple says it supports 2.4 million U.S. jobs Apple Inc said on Wednesday it was either directly or indirectly responsible for 2.4 million U.S. jobs, up 20% from the 2 million the technology company estimated in 2017....
16:34, 2019-08-16

Amazon to add over 2,000 jobs in Britain this year Amazon will add over 2,000 permanent jobs in Britain this year, taking the U.S. retail giant's UK workforce to more than 29,500, it said on Wednesday....
03:34, 2019-07-03

U.S. Stocks Climb After Jobs Report U.S. stocks ticked higher after the August jobs report showed hiring slowed in a month racked by trade threats, likely keeping the Federal Reserve on track to cut interest rates again later this month....
21:00, 2019-09-06

People With Autism Are Hot Hires for AI Jobs Businesses scrambling for artificial-intelligence talent are tapping an unusual resource: people with autism, who can do repetitive AI tasks for hours or who excel at pattern recognition....
14:00, 2019-08-01

EU leaders haggle over climate, top jobs The European Union's 28 national leaders meet in Brussels on Thursday to haggle over how ambitious their climate goals should be and who should navigate the bloc in coming years....
00:34, 2019-06-20

Uber reports $5.2 billion loss, despite rising revenue, after going public The staggering loss showed Uber is having trouble finding a path to profitability for its array of businesses — including ride-hailing, food delivery, scooters and freight....
02:34, 2019-08-09

Uber launches ScUber: an underwater ride-hailing service It was a pun waiting to happen – Uber has launched an underwater ride-hailing service named, naturally, ScUber.ScUber is a partnership with Tourism and Events Queensland, and will take pairs of passengers for a trip to Australia's Great Barrier Reef. Uber self-driving cars: everything yo...
16:51, 2019-05-23

Investors are hiring Uber drivers to scout houses to flip CNBC's Diana Olick reports on how Uber drivers are getting paid to scout potential properties for investors as the house flipping market fizzles....
22:17, 2019-06-07

McDonald's DoorDash Deal Delivers Blow to Uber Eats DoorDash will start making deliveries from McDonald’s restaurants in Houston later this month, a blow to Uber Technologies’ deal to ferry the burger giant’s food to customers in the U.S....
09:51, 2019-07-17

Uber set to sign massive lease at 3 World Trade Center The deal will give the ride-hailing app seven floors, totaling more than 300,000 square feet, with an option to take an eighth floor for an additional 50,000 square feet, Crain’s New York Business said on Friday....
03:34, 2019-09-14

Uber drivers are not employees, Fair Work Ombudsman rules Ruling declares that ridehailing company drivers decide whether, when and for how long they work, not when their employer saysThe ridehailing company Uber does not have a traditional employment relationship with its drivers, the Fair Work Ombudsman has ruled, because drivers have control over “wheth...
05:51, 2019-06-07

Uber, Lyft Poised to Lose Fight Against California Measure The proposed bill would force ride-sharing companies Uber Technologies and Lyft to reclassify many drivers as full-time employees, likely upending their business model....
10:34, 2019-09-10

Uber loses billions, falls short of revenue targets The US ride-hailing giant saw disappointing returns in its second quarter report. Uber has not yet reached profitability, as it continues to subsidize prices to acquire riders and rely on spending to expand services....
10:17, 2019-08-09

Uber and Lyft to turn the wheels on car ownership: industry experts Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services and shared ownership, auto industry experts said at a conference on Wednesday....
03:51, 2019-05-23

Uber Comfort launches with bigger cars and ‘no conversation’ option Uber is rolling out a new service level for riders today, one that offers additional "comfort" features such as extra leg room and quiet time. Read More...
18:51, 2019-07-09

Uber Elevate plans to deliver Big Macs by drone this summer Move over, Uber Eats. Uber Elevate plans to deliver food via drone as early as this summer. To start, the service will be available in San Diego, and since Uber has been working closely with McDonalds, it will likely be optimized for things like Big......
20:34, 2019-06-12

Uber Freight Expands to Germany, Faces Local Competition Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market....
14:51, 2019-07-24

Amazon to Invest in Deliveroo, a Rival to Uber in Food Delivery The $575 million investment strengthens one of the biggest overseas rivals to Uber’s food-delivery division, which the ride-hailing company considers a key business....
14:51, 2019-05-21

Uber Freight launches in Germany, faces local competition U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market....
06:51, 2019-07-24

Uber driver busted for sexually abusing young passenger A Connecticut Uber driver was arrested for sexually assaulting a juvenile passenger he was driving home, police said. The driver, 31-year-old Dwaine Miller, picked up the girl from a party on Stonewall Lane in Fairfield on Saturday and began making unwanted sexual advances during the ride home, cops...
06:34, 2019-07-17

Uber Freight launches in Germany, taking on local competition U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe's $500 billion trucking market....
14:34, 2019-07-24

The Innisfil experiment: the town that replaced public transit with Uber Ridership is high and there’s plenty of work for drivers, but success has come at a cost to this Ontario townPhotographs by Cole BurstonWhen Daniel Arrega, 19, heads to work at a mall in Innisfil, he has few options for his commute. Walking along the highway would take nearly three hours. A taxi is ...
06:17, 2019-07-17

Uber to open third Latin America support center in Bogota Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital Bogota, the company said on Wednesday....
05:17, 2019-05-23

Great fanfare as Uber gets its stock on the road, but app stalls in New York Could this be the moment the sentiment on Wall Street turned against the tech sector?Uber’s stock market debut came with all the usual razzmatazz of a big American technology IPO. The chief executive spent weeks making sweeping statements about how the business was “just getting started” and had new...
16:00, 2019-05-21

Uber enlists "Qute" to take on India's choked, polluted roads Uber Technologies Inc has launched a new ride-hailing service in India's tech capital Bengaluru that will use miniature gas-powered cars called "Qute" to win over commuters stressed out by the sprawling city's heavily-congested streets....
16:51, 2019-06-13

Uber claims new California law still won't force it to classify drivers as employees A top Uber executive attempted to defuse concerns about a potential existential threat to its business shortly after lawmakers in California approved a new bill that will make it more difficult for employers in the state to classify workers as independent contractors....
07:34, 2019-09-12

Uber accused of ‘deceptive’ tactics in food-delivery fee battle Uber is being accused of using “deceptive” tactics to fight its regulatory battles in the Big Apple. The ride-hailing giant — scrambling to thwart a potential cap on the lucrative fees that its Uber Eats food-delivery service charges restaurants — has tapped a team of political lobbyists who critics...
04:17, 2019-09-13

Panera Bread now delivers through DoorDash, GrubHub and Uber Eats Panera Bread can't resist the siren's call of offering food through third-party delivery apps. The restaurant chain has made its delivery service available outside of its own apps for the first time, offering its menu through DoorDash, GrubHub and U......
20:34, 2019-08-27

I'm Sure Austria Is Really Scared by Uber's Threats to Pack Up Its Toys and Go Home Spurred on by looming unfavorable legislation and stock market disappointment, Uber is reportedly playing hardball again, this time with the entire country of Austria.Read more......
02:17, 2019-06-19

Fake Uber Driver Gets 30 Years For Sexually Assaulting Teen FORT MYERS, Fla. (AP) — A Florida man who pretended to be an Uber driver to sexually assault a college student has been sentenced to 30 years in prison. Willie Foust pleaded guilty to sexual battery after the victim testified at his trial. The woman was an 18-year-old Florida Gulf Coast University f...
20:34, 2019-06-18

Uber's European rival Bolt enters London market, again Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc....
03:51, 2019-06-11

Baby bird takes its own Uber to Utah wildlife rescue OGDEN, Utah — A local wildlife rescue is giving a good Samaritan five stars for his creative approach to saving an abandoned baby bird. Staff were surprised, to say the least, when a tiny, dehydrated bird arrived at the Wildlife Rehabilitation Center of Northern Utah last weekend — unaccompanied and...
10:34, 2019-07-11

Uber appoints new UK boss as London licence renewal nears Uber appointed a new boss for Britain and Ireland on Monday just over a month before its licence expires in London, one of its most important global markets where the regulator has previously stripped it of its right to operate....
17:00, 2019-08-19

Uber error charges riders 100 times more than the original price An error in Uber's systems on Wednesday led to people being charged 100 times what their ride should have cost. One user was charged $2,053 dollars on a ride that should have cost $20.53....
18:00, 2019-07-18

Are You An Uber Driver? Send Us Your Flat Surge Fare Screenshots Over the last few weeks, we’ve been hearing from an increasing number of Uber drivers that changes to the surge price model have impacted their take-home pay. In particular, my article about whether Uber is engaged in price-fixing prompted many drivers to write in with their frustrations, saying tha...
19:17, 2019-05-21

Uber intends to treat drivers as contractors despite California bill California is likely on the cusp of making gig companies treat independent contractors as employees, but Uber doesn't think the potential law will change its business. In an update, legal chief Tony West maintained that Assembly Bill 5 (AB5) would l......
14:34, 2019-09-12

Visa, Uber, and PayPal Are Reportedly Backing Facebook's Cryptocurrency After months of rumors, it appears a Facebook cryptocurrency is imminent. Reports last week said its planned launch is slated for June 18, and now it appears that the cryptocurrency, Libra, has some legit backers, according to the Wall Street Journal.Read more......
20:51, 2019-06-14

Tesla, GM, Uber denied relief from U.S. tariffs on China goods The White House, citing 'Made in China 2025’ or other industrial programs, is expanding efforts to block the use of the country's technology in advanced vehicles, denying additional requests by Tesla for tariff relief on key EV parts, and rejecting Uber's petition to waive duties on electric scooter...
04:17, 2019-06-14

Uber and Lyft increased traffic delays in San Francisco by 40 percent Uber and Lyft say they help cut down on vehicle congestion, but a new analysis of San Francisco traffic found they did the opposite over a six year period...
16:01, 2019-05-21

Charges filed against former Google engineer who prompted lawsuit against Uber The U.S. attorney’s office filed charges in San Jose against former Google executive Anthony Levandowski, who allegedly stole self-driving car trade secrets and gave them to Uber....
06:00, 2019-08-28

Uber braces for fight over shift in gig-economy work rules Lawmakers in California want to reclassify workers treated as independent contractors, which may dramatically boost costs for Uber, Lyft and other companies built around the gig economy....
22:51, 2019-09-11

Uber chief executive laments U.S. trade policy for lackluster IPO Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company's initial public offering last month was hurt by U.S. trade tensions even as he downplayed recent volatility in the stock price....
02:00, 2019-06-12

Uber COO, marketing chief step down in leadership overhaul: memo Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi wants to take more control of operations and is overhauling the ride-hailing company's leadership to deal with brand challenges, according to an internal memo seen by Reuters....
00:00, 2019-06-08

U.S. denies Tesla, Uber 25% tariff relief on components, e-bikes The Trump administration is expanding its efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride hailing company Uber's petition to waive tariffs on electric scoote...
19:34, 2019-06-13

20% of New York drivers for apps like Uber have had to rely on food stamps Ints Kalnins/Reuters Uber improved margins by cutting driver pay, writes an industry expert in American Affairs. Drivers for ride-sharing services have reportedly required food stamps and slept in their cars. One study found average monthly pay from ride-sharing apps declined by half between 2013 a...
00:17, 2019-06-08

UPDATE 3-U.S. denies Tesla, GM, Uber 25% Chinese tariff relief The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride-hailing company Uber's petition to waive tariffs on electric scooters a...
00:51, 2019-06-14

Betting addict forged Uber receipts to con £90k from Deloitte bosses A city accountant who swindled his bosses at Deloitte out of more than £90,000 with bogus taxi expenses to bankroll a secret gambling addiction has been spared prison....
18:17, 2019-06-11

Uber Vows to Keep Fighting a Sweeping California Labor Bill SACRAMENTO, Calif. (AP) — California lawmakers confronting the changing definition of work approved sweeping legislation Wednesday designed to give many contract workers new pay and benefit protections, but tech giants Uber and Lyft vowed to keep fighting the changes, possibly by bankrolling a...
21:17, 2019-09-12

U.S. Government Denies Tesla and Uber Chinese Tariff Exemptions The U.S. is doubling down on its refusal to exempt Tesla’s and Uber’s request to dodge a 25 percent tariff on key parts for its electric cars and entire e-scooters because they are coming from China....
02:17, 2019-06-14

Stuber review – Uber-set action-comedy gets stuck in first gear Incapacitated cop Dave Bautista forces timid Kumail Nanjiani to help him take down the bad guys in this lame LA-set caperStuber is a buddy action-comedy in which Kumail Nanjiani plays a sporting-goods store worker and part-time Uber driver called Stu – thus reprising in lamer form the comedian and p...
11:00, 2019-07-11

Uber has 99 million active consumers on its platform in Q2, but revenue misses Uber's ability to expand its business into food delivery and freight pays off somewhat, but Lyft's more focused approach on ride sharing shows some early returns....
23:17, 2019-08-08

Uber Offering Discounted Rides To National Veterans Cemeteries (LEX 18)– To recognize the sacrifices made by our fallen heroes and their families, Uber is offering discounted rides Monday. Uber riders can get $15 off rides to and from national veterans cemeteries. Just use the code “Memorial Day 2019” before you request a ride. Here are the lo...
16:34, 2019-05-27

Grannies In Running Shoes Are Delivering Ramen For Uber In Japan Uber's strategy for Japan, where ride-sharing is banned, is as unique as the country itself - think grandma in running shoes delivering ramen noodles....
15:17, 2019-07-07

Uber's first post-IPO earnings report shows another $1 billion lost Uber's first earnings report as a public company shows that while its revenue is higher than last year; the company is still hemorrhaging money. Still, there's no doubt that the company is getting bigger. The company earned $3.1 billion in revenue fo......
07:51, 2019-05-31

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public......
09:34, 2019-05-31

Finance Minister's "Ola, Uber" Remark Misinterpreted, Says Nitin Gadkari Minister of Road Transport and Highways (MoRTH) Nitin Gadkari said says that Finance Minister Nirmala Sitharaman's statement on the slowdown in the auto sector contributed by Ola and Uber was......
14:17, 2019-09-11

This is how much you should tip your Uber Eats, Door Dash or GrubHub delivery driver If you don't know how much you should tip your Uber Eats, DoorDash or Postmates driver, this is the amount both customers and drivers agree on.       ...
00:00, 2019-07-25

Uber Eats courts smaller European restaurants with new offer Uber Eats is opening up its platform to more restaurants in Europe that prefer to use their own delivery staff, seeking the business of smaller, independent restaurants as it battles Just Eat and Takeaway.com in a crowded market....
07:34, 2019-07-03

Uber settles with UK women who accused driver of sexual assault Firm had contested allegations but has reached undisclosed out-of-court settlementsUber has reached out-of-court settlements with two women who alleged they were sexually assaulted by the same driver in what is believed to be the first case of its kind in the UK against the company.The cases were ta...
21:34, 2019-06-27

Uber loses bid for U.S. tariff relief on Chinese-made e-bike The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter....
19:34, 2019-06-13

Government Asks Uber India To Take Action Against Erring Drivers The Social Justice and Empowerment Ministry has asked Uber India to take action against erring drivers after a disability rights activist alleged he was "treated horribly" by two drivers of the......
21:34, 2019-07-03

Brazil court rules Uber drivers are freelancers, not employees A Brazilian high court has ruled that Uber drivers are not employees of the mobile ride-hailing company, a decision that bolsters its business model in its second-largest market....
02:17, 2019-09-05

Uber's First Hired Employee, Ryan Graves, Is Leaving the Board Ryan Graves, Uber Technologies Inc.’s first hired employee and one of its longest standing directors, is leaving the board two weeks after the company’s initial public offering cemented his status as a paper billionaire....
03:51, 2019-05-25

Uber and Lyft admit they're making city traffic worse Uber and Lyft may be competitors but as the two major ridesharing companies, they also have a lot in common -- including the challenges they face. To better understand their role in city traffic patterns, the companies jointly sponsored a study to de......
23:00, 2019-08-06

Lyft and Uber to Post Earnings Amid Legislation Concerns The ride-hailing rivals are set to report their second quarterly earnings since their initial public offerings. The reception thus far hasn’t been great: both companies are trading well below their IPO prices....
22:17, 2019-08-07

At $14,777, Could This 2014 Nissan NV200 Taxi be an Uber-Good Deal? One of the best ‘dad jokes’ is when someone asks you to call them a cab and you reply with “okay, you are a cab.” Today’s Nice Price or Crack Pipe NV200 is already a cab, but could its price be calling you?...
16:34, 2019-06-03

Uber's IPO underwriters recommend buying, estimate deep losses The underwriters of Uber Technologies' initial public offering on Tuesday overwhelmingly recommended the company's shares, even as they estimated deeper losses than previously expected for the ride-hailing service this year....
20:17, 2019-06-04

Uber brings electric bike service JUMP to London Taxi app Uber will pilot its electric bicycle service JUMP in London from Friday as it makes 350 bikes available to rent in a part of Britain's capital city, a key global market for the firm....
01:34, 2019-05-24

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
06:51, 2019-05-30

Signs of price truce push Lyft, Uber higher Lyft Inc's hints that its cut-throat rivalry with U.S. ride-hailing rival Uber Inc is easing may prove bad news for customers but it sent shares in both companies sharply higher on Thursday....
15:51, 2019-08-08

Exclusive: India to order taxi aggregators like Uber, Ola to go electric India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules for clean mobility....
15:34, 2019-06-06

NYC Extends Cap on Uber and Lyft Vehicles, Institutes New Rules on 'Cruising' Almost a year ago to the day, New York City made the historic move to freeze the number of rideshare vehicles on its roads, a move meant to reduce congestion and forward the city’s Vision Zero safety initiative. Today the Taxi and Limousine Commission voted to extend the cap—and pass new rules to li...
03:17, 2019-08-08

Loophole Allows NYC Uber and Lyft Cars to Pollute More Than Yellow Cabs New York City’s yellow cabs are iconic of the city itself, though many locals like myself prefer the cost and ease of ridesharing apps like Lyft. Turns out, however, that the yellow cabs can keep the air cleaner than ridesharing vehicles....
00:34, 2019-05-31

California Labor Bill, Near Passage, Is Blow to Uber and Lyft The companies seem to have fallen short in efforts to dodge legislation classifying many workers in the gig economy as employees and not contractors....
04:00, 2019-09-10

Uber fights fee cap with lobbyists who pose as restaurant reps: critics Uber is being accused of using “deceptive” tactics to fight its regulatory battles in the Big Apple. The ride-hailing giant — scrambling to thwart a potential cap on the lucrative fees that its Uber Eats food-delivery service charges restaurants — has tapped a team of political lobbyists who critics...
13:17, 2019-09-12

Uber Cites Tight Competition After Posting $1 Billion Loss Uber executives sought to reassure investors about its growth as an onslaught of competition from ride-hailing and delivery rivals led to a $1 billion loss in the first quarter....
07:01, 2019-05-31

Uber Eats dine-in option lets you pre-order your food Uber Eats has a new option for those diners who want the ambiance of a restaurant but hate the wait. The company has unveiled a dine-in feature in some cities that lets customers pre-order food on the app and then eat at the restaurant, according to......
06:34, 2019-07-03

Study says women are underrepresented in top animation jobs LOS ANGELES (AP) — Women make up roughly half of all executives in animation, but a new study says the numbers fall significantly when it comes to female directors. The study released Monday by the USC Annenberg Inclusion Initiative and the nonprofit advocacy group Women in Animation says that in th...
12:51, 2019-06-10

How it started: First jobs in football for all 32 NFL head coaches They got coffee, cut tape, lined the field, played the "Grim Reaper," even washed cars. An NFL head coach has to start somewhere. Here are their stories....
17:51, 2019-07-18

Jamie Oliver shutters most UK restaurants, 1,000 jobs go British celebrity chef Jamie Oliver's restaurant chain went into administration on Tuesday, leaving 1,000 people without jobs as the majority of branches ceased trading immediately in the latest blow for Britain's high street....
18:00, 2019-05-21

U.S. Added Jobs at Steady Pace in July Employers added jobs at a steady pace in July and unemployment held at a historically low level, providing a solid foundation for the decadelong U.S. expansion at a time of global headwinds....
13:51, 2019-08-04

NY state barely cracks top 20 for jobs, NYC is even worse As if you needed another reason to leave New York City. The US has seen notable job growth recently, with over 263,000 new jobs in April alone and the lowest unemployment rate since December 1969. However, not every city and state is enjoying a booming job market, which is why the finance nerds over...
22:51, 2019-05-30

'Green wave' has little impact on EU top jobs' carve-up Despite an unprecedented surge in the recent European Parliament elections, the Greens were overlooked for the legislature's presidency and indeed for any of the bloc's other top jobs....
04:34, 2019-07-04

EU leaders start another round of talks on top jobs BRUSSELS (AP) — European Union leaders have started another marathon session of talks desperately seeking a breakthrough in a diplomatic fight over who should be picked for a half dozen of jobs at top EU institutions. EU leaders failed in a first attempt last week to fill the roster of key appointme...
12:34, 2019-06-30

Car Market Slowdown Threatens Jobs At Bosch Global car market is expected to slow this year and the continuing aftershocks of a sector-wide diesel cheating scandal will hit jobs at the world's biggest component supplier Bosch, its boss said...
16:17, 2019-08-06

Flex says China jobs impacted after Huawei row Flex Ltd , a contract manufacturer for Huawei that is locked in a dispute with the Chinese tech giant over about $100 million worth of assets, said the market situation was affecting some of its jobs in the Asian nation....
05:34, 2019-08-06

Emergency EU summit on top jobs runs into trouble again A deal hatched among several key European leaders to award a former Dutch foreign minister the post of EU chief executive broke down at an emergency summit on Sunday after eastern European and center-right European leaders rejected the plan....
01:17, 2019-07-01

New economic hub in Tucson attracting businesses and jobs TUCSON- Since Ina Road and the I-10 ramps opened, nearby businesses are seeing an increase in motorists in the area and new businesses are moving in. One new business is the country bar and restaurant Whiskey Roads that is set to open early August. “We have been eyeballing this kind of area on...
12:34, 2019-06-18

Facebook to make jobs, credit ads searchable BOSTON (AP) — Facebook says it plans to make advertisements for U.S. jobs and loans and credit card offers searchable for all users. That’s in addition to how the social media giant currently delivers ads — customized for individuals based on data harvested from their digital activity. Creatio...
02:34, 2019-07-01

HBSC to cut hundreds of jobs by year-end: source HSBC is set to cut several hundred jobs in its investment banking business by the end of the year, according to a source familiar with the matter, as it seeks to improve returns....
21:00, 2019-05-30

Italy's Conte says deal on EU jobs still looks difficult Italy's Prime Minister Giuseppe Conte said on Monday it was difficult to say if EU leaders would reach an agreement on a candidate to succeed Jean-Claude Juncker as European Commission president....
10:17, 2019-07-01

Croatian PM Plenkovic says 'everything is open' in EU top jobs fight Croatian Prime Minister Andrej Plenkovic on Monday said nothing had been decided yet in marathon overnight negotiations between EU leaders over the allocation of the bloc's top jobs....
14:17, 2019-07-01

EU leaders fire starting gun for top jobs race German Chancellor Angela Merkel and French President Emmanuel Macron will lock horns in Brussels on Tuesday as European Union leaders meet to begin bargaining over who will take the bloc's top jobs for the next five years....
15:51, 2019-05-28

Ford is cutting 7,000 white-collar jobs FILE- In this Feb. 17, 2019, file photo the company logo is displayed on the grille of an unsold 2019 F150 pickup truck at a Ford dealership in Broomfield, Colo. Ford is almost finished with a major global restructuring, and by the time it ends in August the automaker will have shed 7,000 white-coll...
16:01, 2019-05-21

U.S. Economy Maintains Steady Jobs Growth Employers added jobs at a steady pace in July and unemployment held at a historically low level, providing a solid foundation for the decadelong U.S. expansion at a time of global headwinds....
18:34, 2019-08-02

EU picks women for top jobs after marathon negotiations Europe's leaders have agreed to give two of the top four European Union jobs to women, but only after a marathon set of talks that exposed the continent's simmering divisions....
07:17, 2019-07-03

Ford to cut 7,000 jobs by August, including 900 this week Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2 automaker $600 million annually....
15:51, 2019-05-21

UAW scrambles to save jobs, but layoffs loom After getting big job-creation commitments in recent contracts, the union is scrambling to keep the members it has now as automakers brace for a possible recession....
09:17, 2019-07-15

US adds 130,000 jobs August, dropping below expectations Hiring slowed amid trade war as economists expected to add about 160,000 jobs while unemployment rate remained at 3.7%Hiring slowed in the US in August as employers added a lackluster 130,00 new jobs, strengthening arguments that Donald Trump’s trade wars are beginning to hit the US economy.Economis...
20:00, 2019-09-06

France's Macron wants 'charismatic' men and women for top EU jobs French President Emmanuel Macron said on Tuesday he wanted two women and two men with strong personalities to lead the European Union in the next five years, although he refused to name his favorite candidates at this stage....
00:00, 2019-05-29

Jobs and education help women advance, not abortion Kathryn Kaufman, the managing director for Global Women's Issues at the Overseas Private Investment Corporation, recently wrote that as a Republican and a Christian woman, she supports abortion because it’s required for economic development....
17:00, 2019-06-13

EU leaders reconvene to resolve top jobs impasse After marathon talks ended without a compromise, EU leaders are meeting again to try and overcome a deadlock over key job nominations. The talks came as the newly-elected European Parliament kicked off its first session....
12:17, 2019-07-02

EU leaders seek to break stalemate on top jobs The divided European Union's 28 national leaders were to spend a third consecutive day on Tuesday arm-wrestling over who should hold the bloc's most prominent jobs until nearly 2025....
01:51, 2019-07-02

Ryanair to cut hundreds of jobs because it has 'more staff than needed' Ryanair has told its staff it is preparing to announce hundreds of job losses in the coming weeks because it has more staff than it currently needs....
14:51, 2019-08-01

Where Did Postmates Find All These Workers Who Don't Want Their Jobs to Improve? The future of the “gig economy” is on the table in California, where the legislature is considering a bill that would make it much harder to categorize workers as independent contractors, rather than actual employees. Needless to say, companies are going all out to oppose it. Postmates even got 1,60...
20:34, 2019-08-16

August Jobs Report Will Keep Fed on Track to Cut Rates The August jobs report is likely to keep the Federal Reserve on track to lower its benchmark interest rate by a quarter-percentage point in two weeks to cushion the U.S. economy amid signs of slowing growth....
19:00, 2019-09-06

U.S. Private Sector Added 156,000 Jobs in July The nonfarm private sector in the U.S. added 156,000 jobs in July, according to the ADP National Employment Report, and showed job growth across businesses of all sizes....
00:17, 2019-08-01

80M jobs could be lost by 2030 due to climate change: UN A temperature rise of 1.5C by the end of century could lead to a 2.2 per cent drop in working hours - equal to 80 million full-time jobs - costing the global economy US$2.4 trillion....
21:51, 2019-07-01

Americans don't tell the truth when they talk about manufacturing jobs Many Americans think manufacturing jobs are "something other people's kids do." Only 30% of Americans want to work in manufacturing, a problem that Snap-On CEO Nick Pinchuk says is a bigger threat right now than robots....
20:51, 2019-07-17

UPDATE 1-General Electric may cut more than 1,000 jobs in France General Electric (GE) may cut more than 1,000 jobs in France, which could set the U.S. company on a collision course with the French government which has consistently urged GE not to cut French jobs....
15:51, 2019-05-28

The Magic Number for Continued US Jobs Growth The US jobs market has been healthy, but with the economy widely expected to decelerate in the coming year, at what stage might jobs growth begin to fade?...
14:17, 2019-08-23

EU leaders converge on Brussels to haggle over top jobs European Union leaders are converging on Brussels to haggle over who should lead the 28-nation bloc's key institutions for the next five years after weekend elections shook up Europe's political landscape....
11:34, 2019-05-28

EU mini-summit set to discuss top jobs succession Belgian Prime Minister Charles Michel will host five other EU government leaders in Brussels on Friday as part of efforts to hammer out a compromise over new appointments to top posts in the European Union....
13:34, 2019-06-06

The Latest: US employers added a weak 75,000 jobs in May WASHINGTON (AP) — The Latest on the May U.S. jobs report (all times local): 8:30 a.m. U.S. hiring slowed in May as employers added just 75,000 jobs, a sign that businesses may have become more cautious in the face of slowing global growth, trade fights and the fading stimulus from tax cuts and great...
15:51, 2019-06-07

Trump: Democrats are too busy trying to impeach me to do their jobs President Trump blasted House Democrats for talking about impeachment and said they are so consumed with investigating him that they are shirking their legislative responsibilities. “Everything the Democrats are asking me for is based on an illegally started investigation that failed for them,...
20:17, 2019-05-22

Have space fever? Here are five jobs that will take you closer to the stars From space historian to space doctor, jobs that will take you where no man has gone before are becoming more mainstream.        ...
01:34, 2019-07-23

The Latest: US adds robust 224,000 jobs in June WASHINGTON (AP) — The Latest on the U.S. jobs report for June (all times local): 8:30 a.m. U.S. job growth rebounded in June as employers added 224,000 jobs, an indication of the economy’s durability after more than a decade of expansion. The Labor Department says the solid gain came after wea...
08:17, 2019-07-06

Social network LinkedIn to add 800 jobs in Ireland Microsoft's Linkedin, a social network for professionals, on Thursday said it would add 800 new jobs to its European headquaters in Dublin, the latest technology company to boost its presence in Ireland....
12:51, 2019-06-20

EU leaders set for battle royal over bloc’s top jobs BRUSSELS (AP) — European Union leaders are converging on Brussels for the start of the process to finalize candidates for the bloc’s top jobs who will supervise a sprawl of policy files for at least the next five years. The EU is responsible for coordinating the 28 member countries’ comm...
11:51, 2019-06-20

Jobs, education, GDP and more: The states with the best and worst economies To rank the best and worst state economies, 24/7 Wall St. factored in GDP and job growth, unemployment, poverty, and bachelor's degree attainment.       ...
14:34, 2019-07-06

Hitting the Books: Robots came for our jobs, then they came for our coffee Welcome to Hitting the Books. With less than one in five Americans reading just for fun these days, we've done the hard work for you by scouring the internet for the most interesting, thought provoking books on science and technology we can find and......
23:17, 2019-08-31

US hiring slows as employers added only 75,000 jobs in May U.S. hiring slowed in May as employers added just 75,000 jobs, a sign that businesses may have become more cautious in the face of slowing global growth, trade fights and the fading stimulus from tax cuts and greater government spending. The Labor Department says the modest increase follows a health...
15:51, 2019-06-07

Prospects of EU summit deal on top jobs go up in smoke Chances of EU leaders agreeing on Thursday on who should inherit the bloc's top jobs - including the head of its central bank - appeared vanishingly slim, as France and Germany cast doubt on any imminent deal and Ireland said electing a pope would be easier....
21:51, 2019-06-20

Nissan plans to cut over 10,000 jobs globally -source Nissan Motor Co is planning to cut more than 10,000 jobs globally as part of efforts to turn around its business, a person familiar with the matter said on Wednesday....
02:51, 2019-07-24

Robots are working retail jobs at Walmart now Back in 2017, Walmart launched a pilot project that made some of its old-school brick-and-mortar retail stores seem like futuristic testbeds. The chain began trialing robots that could scan shelves to make sure items display the correct price and that they’re in stock, a test that started out ...
10:00, 2019-08-30

Aviva overhauls UK business, to cut 1,800 jobs globally British insurer Aviva will restructure its British business and cut costs across the firm with the loss of 1,800 jobs globally as it new chief executive seeks to make the business more competitive....
10:51, 2019-06-06

Fruit Of The Loom Losing About 100 Jobs, Most In Kentucky BOWLING GREEN, Ky. (AP) — Fruit of the Loom says it is cutting about 100 jobs, mostly at its headquarters in Kentucky. News outlets report the Bowling Green-based company said it is transferring information technology services to Wipro Ltd., an India-based company that specializes in IT, consulting ...
12:34, 2019-05-23

Deutsche Bank slashing 18K jobs by 2022 FRANKFURT, Germany — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders. The Frankfurt-headquartered bank said it would ...
02:17, 2019-07-08

EU fails to agree on top jobs, more talks on June 30 European Union leaders will meet again on June 30 to seek agreement on who should inherit the bloc's top jobs - including the head of its central bank - after failing to get a deal at the second attempt in talks dragging into the small hours on Friday....
03:00, 2019-06-21

Ford to slash 12,000 jobs in Europe by 2020 Ford said it has ceased production at three plants in Russia, is closing plants in France and Wales, and has cut shifts at factories in Valencia, Spain, and Saarlouis, Germany. ...
18:51, 2019-06-27

Judge rules NY lawmakers can get raises — and keep outside jobs New York State Legislators will be able to keep both their fat raises and outside gigs, an Albany judge ruled Thursday. It’s the second decision by a state judge knocking down a virtual ban on outside income in separate cases involving different plaintiffs. The restriction on outside income wa...
04:34, 2019-08-30

One Of EVE Online's Most Challenging Jobs Is Being A Space Trucker Cocky fighter pilots, brilliant fleet tacticians, devious political overlords, and bloodthirsty pirates are all science fiction tropes associated with the players of EVE Online. While each of these types can be found traveling between the stars, all of them would be crippled without an often forgott...
01:34, 2019-06-21

What are the 25 lowest paying jobs in the US? Women usually hold them Women dominate 18 of the 25 lowest paying jobs, 24/7 Wall Street finds. They also make up 83% of middle-skill workers earning $30,000 or less.        ...
15:17, 2019-06-05

Dollar Weakens in Wake of Jobs Report The dollar fell against a broad range of currencies after a weak U.S. employment number bolstered the case for the Federal Reserve to ease monetary policy sooner....
22:51, 2019-06-07

Nissan Will Cut 12,500 Jobs, and Its Chief Hints at Leaving The Japanese carmaker’s profit plunge suggests its problems run deeper than it has said, putting more pressure on it to fix its alliance with Renault....
17:51, 2019-07-31

Spain's Banco Santander to cut about 200 jobs in UK business Spain's Banco Santander is to cut about 200 jobs in its British subsidiary as part of a reorganisation, it said on Tuesday, adding that the changes would affect the corporate and commercial banking division....
19:01, 2019-06-04

Nissan to Cut 12,500 Jobs as It Struggles After Ghosn's Arrest Nissan plans to shed 12,500 jobs world-wide by March 2023 as it seeks to overhaul its U.S. business after the turmoil that followed the arrest of former Chairman Carlos Ghosn....
10:34, 2019-07-25

US STOCKS SNAPSHOT-S&P, Dow eke out gains after U.S. jobs report The S&P 500 and the Dow industrials closed slightly higher on Friday as investors digested a mixed U.S. jobs report and bet on a Federal Reserve interest rate cut this month while China's stimulus plan helped ease some concerns around global growth....
02:00, 2019-09-07

Nissan to cut 12,500 jobs as first quarter profit nearly wiped out Nissan Motor Co said on Thursday it would slash 12,500 jobs globally by 2022 and cut output to rein in costs as it suffers from sluggish sales and rising costs and tries to recover from a scandal surrounding ousted Chairman Carlos Ghosn....
10:00, 2019-07-25

Ford to slash 12,000 jobs in Europe by end of 2020 Ford said it will have cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a wave of cost reductions in an auto industry facing stagnant demand and record-level investments to build low-emission cars. The challenge of investing in electric, hybrid and a...
01:34, 2019-06-28

Nissan confirms plan to cut 12,500 jobs globally Japanese firm will cut jobs and trim model range, while investing in autonomous and electrified technology Nissan will reduce its production capacity and model range, and axe around 12,500 jobs worldwide, in a bid to turn its fortunes around. The major restructure, which was first reported by the N...
09:51, 2019-07-25

German chemical firm BASF to cut 6,000 jobs The German chemical giant has said it will cut 6,000 jobs by 2021 to "streamline" its administration. BASF has said it expects to save $300 million annually with the move. Half the job cuts will happen in Germany....
22:51, 2019-06-27

6 futuristic jobs that will soon exist in the financial industry It used to be that a job in finance would set you up for life. Steady, reliable, dependable, calculators and sweater vests. These things come to mind when you think of a career in finance. Just like in other industries, AI and machine learning are entering the scene and causing great disruption in w...
18:51, 2019-09-02

A Worrying Jobs Number With Trade Hit Looming May’s employment report wasn’t good, and jobs figures for the previous two months were revised down by a combined 75,000 positions. That puts the Federal Reserve in an uncomfortable bind....
22:51, 2019-06-07

U.S. economy beats projections with 224,000 jobs in June The United States added 224,000 jobs during the month of June, beating analysts' expectations by about 60,000, the Labor Department said in its monthly workforce report Friday....
15:34, 2019-07-05

Gold Extends Rally After Jobs Report Gold prices climbed for the eighth consecutive session, nearing their February 10-month peaks after May hiring data missed expectations and stoked further fears of a U.S. economic slowdown....
22:51, 2019-06-07

Vivendi's pay-TV Canal Plus to cut 500 jobs in France - Les Jours Vivendi's pay-TV Canal Plus plans to cut 500 jobs in France, or nearly 18 percent of its staff in the country, through voluntary departures, French news website Les Jours reported on Thursday....
21:51, 2019-07-04

Vivendi's pay-TV Canal Plus to cut 500 jobs in France: Les Jours Vivendi's pay-TV Canal Plus plans to cut 500 jobs in France, or nearly 18 percent of its staff in the country, through voluntary departures, French news website Les Jours reported on Thursday....
20:17, 2019-07-04

Uber revenue misses estimates despite easing price war, shares tumble Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, sending shares down 12% as the largest U.S. ride-hailing company failed to show expected benefits of easing price competition....
22:51, 2019-08-08

City bus and train drivers busted moonlighting for Uber and Lyft: report More than a dozen MTA bus and train operators were busted driving for-hire vehicles like Ubers and Lyfts during mandated rest time between shifts, according to a series of 2018 investigations published by the agency’s Inspector General on Wednesday. The IG’s office says it used Taxi and ...
04:17, 2019-07-11

Australian watchdog says Uber Eats will amend "unfair" contract terms Australia's competition watchdog said Uber Technologies Inc's food delivery service Uber Eats will amend its contract terms to accept more accountability for delivery issues, easing the burden on restaurants....
04:00, 2019-07-17

Slack's Direct Listing Makes Uber and Lyft Look Like Absolute Chumps In its first day on the New York Stock Exchange, workplace messaging company Slack leapt over 50-percent above its reference price of $26 per share despite employing an unusual, less costly strategy to debut on the market. The past few hours of trading have sent Slack’s total value soaring to $23.1 ...
03:51, 2019-06-21

Australian watchdog says Uber Eats will amend 'unfair' contract terms Australia's competition watchdog said Uber Technologies Inc's food delivery service Uber Eats will amend its contract terms to accept more accountability for delivery issues, easing the burden on restaurants....
07:34, 2019-07-17

Uber partners with BBVA, Mastercard to offer debit cards in Mexico Uber Technologies Inc. is partnering with bank BBVA and payments processor Mastercard to launch a debit card for drivers in Mexico, an Uber executive said on Tuesday....
18:51, 2019-07-02

Uber, a machine for using investment money to artificially subsidize car rides, lost more than $5 bi Uber, a machine for using investment money to artificially subsidize car rides, lost more than $5 billion last quarter. Heh. It’s gonna crash and burn before it destroys public transportation after all! Calling it now. Invest in buses....
02:34, 2019-08-09

Woman who claimed to be Uber driver charged with smuggling immigrants in New Mexico The driver, Evelyn Limas, has been charged with one felony count of smuggling undocumented immigrants.        ...
05:17, 2019-07-12

Uber, Lyft Drivers Face Stiffer Regulations in New York City New York City intends to renew its cap on new for-hire vehicle licenses, part of a push to tighten its rein on Uber and Lyft, and help protect the city’s troubled taxi industry....
10:51, 2019-06-13

Uber adds 'Comfort' tier for extra legroom and silent drivers Uber is adding a new ride option that aims to make your journey a more personal and relaxed affair. Uber Comfort is an upgrade on the everyday ride, and ensures you have extra legroom in a newer, mid-size car, where you can make advance requests rela......
17:17, 2019-07-09

Uber drivers are reportedly manipulating the app to create artificial surge pricing Surge pricing is a frustrating, but understandable, compromise that we have to deal with in order to have affordable rides at our beck and call everywhere we go. If the weather’s bad, a major concert or sporting event just let out, or it’s just an especially busy night, you might end up ...
02:00, 2019-06-15

We Think Uber and Lyft's New Surge Fares Screw Drivers and Riders. Help Us Prove It. Uber changed how its surge pricing works last year. Not for riders, but for drivers. The changes have resulted in drivers earning less from surge pricing, but riders still paying the same inflated costs, with Uber pocketing the difference....
20:17, 2019-07-01

Uber-rival Bolt enters European food delivery business Estonia's Bolt, a popular ride-sharing service in Eastern Europe and Africa, on Wednesday launched food delivery service in its home town of Tallinn, the nation's capital, and said it plans to roll out Bolt Food this year in South Africa, Latvia and Lithuania as well....
07:00, 2019-08-21

Colombia orders Uber to improve data security after 2016 breach Colombia has given ride-hailing app Uber Technologies Inc four months to improve its data security, the commerce regulator said on Tuesday, after a 2016 data breach affected more than 260,000 of the South American country's residents....
21:51, 2019-07-23

Careem ends Sudan operations as part of Uber takeover deal Careem has ended operations in Sudan as part of its planned takeover by Uber, a spokeswoman said on Monday, less than a year after the Middle Eastern ride-hailing firm launched in the country....
20:17, 2019-07-01

Will Uber ever make money? Day of reckoning looms for ride-sharing firm Uber plans to expand into food delivery and driverless cars but its IPO was a flop and its latest earnings figures could prove vitalUber has big plans. The ride-hailing service wants to ferry the world around in self-driving cars and on electric scooters, deliver our takeouts and groceries by drone,...
08:17, 2019-08-04

New York City can ban ads inside Uber, Lyft vehicles: U.S. appeals court A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victory to the millions of passengers who it said find such ads "extremely annoying."...
00:00, 2019-07-17

China's Didi Seeks to Raise up to $2 Billion Amid Uber Revival Chinese ride-hailing company Didi Chuxing Technology is looking to raise fresh funds in the hope that investor enthusiasm in the sector has recovered after initial public offerings of Uber and Lyft....
18:51, 2019-07-17

Uber says de Blasio’s ride-share rules hurt poor New Yorkers The de Blasio administration’s crackdown on ride-hailing services is hurting poor riders, according to Uber. The San Francisco company says city and state regulations reining in ride-hailing services like Uber are only making life difficult for lower income neighborhoods — while having zero impact o...
03:17, 2019-07-23

Uber targets expansion in fast-growing West African markets Global ride-hailing firm Uber Technologies Inc is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company executive said on Thursday....
19:51, 2019-06-27

Forget Tanning Beds. College Students Today Want Uber Parking. Student housing is shifting away from recreational dazzle and toward amenities that reflect the gig economy: stronger Wi-Fi, room for collaboration and 3-D printers....
19:00, 2019-06-27

Regulator Finds Uber Eats's Stiffing of Restaurants Hard to Stomach Uber Technologies will no longer be able to charge restaurants in Australia for delivery mishaps outside their control, after the practice was deemed unfair in a rebuke for tech giants seeking to keep delivery costs low in a rapidly growing sector....
12:51, 2019-07-17

Uber’s futuristic drone delivery service could launch as early as this summer It may have seemed like science fiction just a few years ago, but a world filled with package-carrying drones zooming by overhead is right around the corner. Just last week, Amazon announced that its Prime Air delivery service would start delivering packages in just a few months time. And now comes ...
11:17, 2019-06-13

Uber plans to start delivering fast food via drone this summer This week Uber announced plans to begin testing the first-ever commercial application of drone food delivery in high-density urban areas, joining companies like Amazon and Google that are seeking to make make unmanned commercial deliveries using the same technology....
01:17, 2019-06-14

Uber and Lyft to Spend $60 Million to Maintain California Driver Status A state legislative proposal, Assembly Bill 5, could give drivers more employee rights. The companies said they were willing to start a ballot initiative to fight it....
01:51, 2019-08-30

Feds charge Ex-Google, Uber engineer with stealing trade secrets Anthony Levandowski, the star engineer who was accused by Google’s self-driving car unit of stealing trade secrets for Uber in 2016, has been arrested and charged by federal prosecutors. Levandowski was charged with 33 counts of theft and attempted theft of trade secrets — he allegedly downloaded 14...
01:00, 2019-08-28

Former Google self-driving engineer, who prompted a lawsuit against Uber, gets hit with criminal charges U.S. attorney’s office files charges against former Google executive Anthony Levandowski, who allegedly stole self-driving car trade secrets and gave them to Uber....
23:00, 2019-08-27

Florida Residents Can Get a Free Uber or Lyft Ride to a Dorian Shelter If you’re located in an area of Florida that has been impacted by Hurricane Dorian, both Lyft and Uber are offering free rides both to and from local shelters....
23:17, 2019-09-02

Former Star Google and Uber Engineer Charged With Theft of Trade Secrets Anthony Levandowski, one of Silicon Valley’s foremost technologists on autonomous cars, was charged with theft and attempted theft of trade secrets from Google....
22:00, 2019-08-27

Uber driver charged with kidnapping 15-year-old to sexually assault her, police say Sean Williams, 32, allegedly abducted a 15-year-old girl who was heading home from a Sweet 16 party in Long Island in July, according to authorities.        ...
21:51, 2019-08-26

Lili Reinhart Warns Fans to "Trust Your Gut" After Scary Uber Incident Lili Reinhart is sending a message to her fans after a frightening experience over the weekend. After landing at an airport, the 22-year-old Riverdale star was "ushered to a car"......
23:51, 2019-06-03

Long Island teen escapes kidnap attempt by Uber driver A quick-thinking 15-year-old girl outwitted the Uber driver who tried to kidnap her and take her to his Brooklyn home to sexually assault her — escaping his car and calling police, Newsday reported, citing charges by police and prosecutors. The teen had been at a Sweet 16 party in Atlantic Beach, LI...
08:51, 2019-08-25

Ex-Uber engineer gets same judge who warned of 'jail time’ in secrets case U.S. District Judge William Alsup’s warning proved prescient: Anthony Levandowski, a pioneer of driverless car technology, was indicted last week. His lawyers have denied the charges....
14:00, 2019-09-05

Seattle Woman Says She Jumped Out of Moving Uber After Continual Harassment From Driver A woman in Seattle said she jumped out of a moving Uber ride after the driver continually harassed her, running away and later filing reports with the local police department and Uber. She said the driver, whom she’d hailed to take her home, locked the doors shortly before she pried one open and jum...
21:51, 2019-05-31

Russia's Saint-Petersburg exchange adds new U.S. shares, Uber in pipeline Russia's Saint-Petersburg Exchange has added 100 shares in U.S. companies worth a total $364.4 billion to its trading platform, the bourse said on Tuesday....
17:17, 2019-06-11

Joined by Pete Buttigieg, Drivers Blockade Roadway Outside Uber Headquarters To a steady beat of whistles, car horns, and “AB5 and a union!” hundreds of rideshare drivers amassed outside Uber’s corporate headquarters in San Fransisco this afternoon. For over an hour, Market Street has slowed to a crawl, choked by the cars of for-hire vehicle drivers. Read more......
01:00, 2019-08-28

Former Google engineer charged with taking self-driving trade secrets to Uber Levandowski could face many years in prison and a fine if convicted. He is expected to appear later on Tuesday in federal court in San Jose, California....
01:34, 2019-08-28

Millennials Prefer Ola, Uber To New Cars: Finance Minister On Auto Crisis Nirmala Sitharaman said millennials' preference for Uber and Ola cabs over committing money to EMIs for new cars had contributed to the slowdown of the auto sector, which has also seen a 70 per cent......
16:34, 2019-09-10

India To Order Taxi Aggregators Like Uber, Ola To Go Electric By 2026: Report India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules......
22:51, 2019-06-06

How the Amazon-Google-Uber effect sets inflation | Mohamed El-Erian Tech innovations have driven the drift down in prices – policymakers ignore such forces at their peril Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about debilitatingly high inflation and the excessive po...
09:34, 2019-05-24

The Uber of prescription drugs: Web startups raise concerns about access to Rx medicine Startups like Hims and Roman have found a profitable new business model for selling Rx drugs online, but the websites are raising safety concerns.        ...
17:17, 2019-06-06

Uber, Lyft, DoorDash Threaten Ballot Fight Over California Gig-Worker Law The battle over a California bill that could upend the business models of companies that rely on gig workers intensified when three companies threatened to spend a combined $90 million on a ballot measure if a deal can’t be reached this year....
07:17, 2019-08-30

Uber and Lyft prepare $60 million fight against worker classification bill The fight over whether rideshare drivers should be classified as employees and therefore be eligible for benefits continues. The latest battleground is California, where a worker classification bill is currently being debated by lawmakers. Uber and L......
15:34, 2019-08-30

Hail an Uber submarine, scUber, and have your driver take you to the Great Barrier Reef Uber announced a ride-share submarine – aptly named scUber – for riders to explore Australia's Great Barrier Reef inside an underwater craft.        ...
23:51, 2019-05-23

Internal data shows Uber’s reputation hasn’t changed much since #DeleteUber The company’s metrics place brand sentiment near the same lows measured in the depths of its crisis, according to multiple people familiar with Uber’s market research data....
16:34, 2019-08-29

Gay New Jersey couple booted from Uber car after kissing on way to Zac Brown Brand concert Uber driver kicked a New Jersey couple out of her car after one of the women kissed her partner on the cheek.        ...
07:34, 2019-09-10

UPDATE 1-Uber COO, marketing chief step down in leadership overhaul - memo Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi wants to take more control of operations and is overhauling the ride-hailing company's leadership to deal with brand challenges, according to an internal memo seen by Reuters....
00:00, 2019-06-08

The Bill That Could Undo Uber Passes California's Senate Appropriations Committee, 5-2 AB5, the contentious California bill that would upend the gig economy model of Uber, Lyft and other tech companies, moved a step closer to becoming a law.Read more......
07:51, 2019-08-31

Uber Eats, Japan convenience store Lawson form delivery tie-up Uber Eats and Japanese convenience store chain Lawson on Tuesday announced a delivery partnership in central Tokyo, seeking to capitalize on growing demand for quick home delivery of food and everyday items....
13:34, 2019-08-27

Florida family blames Uber after daughter, 12, took ride to location of suicide A Florida family is reportedly considering legal action against Uber after the company allegedly allowed their 12-year-old daughter to get in a car alone and be driven to a parking garage in Orlando, where she leapt to her death....
19:51, 2019-06-07

Are Uber and Lyft Drivers Gaming Surge Pricing to Protest Getting Screwed Over on Pay? Despite policies that prohibit the manipulation of rideshare apps, drivers for Uber and Lyft are reportedly working together to coordinate price surges at Reagan National Airport to earn a higher fare.Read more......
15:34, 2019-05-21

Uber rival Bolt relaunches in London after quick 2017 exit LONDON (AP) — Estonian ride-hailing service Bolt has launched service in London two years after a short-lived attempt to expand in the British capital. The company, previously known as Taxify, kicked off service Tuesday with a half-price deal aimed at challenging rivals including Uber. Bolt promises...
17:00, 2019-06-11

What is Uber? Forget the sharing economy – it's just a libertarian scam | Dominic Rushe There are plenty of reasons why Uber’s much-hyped share sale might fail – and many more why that could be a good thingSerf, noun: a laborer bound under the feudal system to work on his lord’s estate.Uber is a lot. Last year 5.2 billion people took a ride in an Uber. And the company lost an average o...
16:00, 2019-05-21

This app makes it easy to compare Uber and Lyft fares in real-time Welcome to TNW Basics, a collection of tips, guides, and advice on how to easily get the most out of your gadgets, apps, and other stuff. In her hit anthem Friday, a 13-year-old Rebecca Black sang about the torture of not knowing where to sit on the way to school. “Kickin’ in the front seat. Sittin’...
02:34, 2019-05-31

Uber picks Melbourne as test site for flying taxi service Uber Technologies said it will use Australia's second-largest city, Melbourne, as the first international test site for the group's planned flying taxi service....
03:51, 2019-06-12

Uber Air announces Melbourne as trial city for flying taxi service Ridesharing company says test flights of Uber Air’s helicopter-like ‘flying car’ will begin next yearMelbourne will be the first city outside the US to host trials of Uber Air, a service the company describes as “aerial ridesharing” that will shuttle people from rooftop to rooftop for the price of a...
10:17, 2019-06-12

Uber and Lyft Drivers Say They Want to Change Ridesharing's 'Predatory Business Model' California appears to be on the verge of passing AB5, a bill that would make it much harder for companies to classify employees as “independent contractors”—and a bill that scares Uber and Lyft to death. Drivers from those companies wrote in to tell us how being a real live employee would change the...
07:00, 2019-09-06

Public Transit Projects Cheaper Than Uber's $5.2 Billion Q2 Losses, Ranked Uber announced a $5.2 billion loss last quarter, bringing the company’s total losses to $16.2 billion since 2016. In completely, totally unrelated news, here are some public transportation projects currently under construction in the United States that cost less than $5.2 billion individually:Read m...
19:51, 2019-08-09

UPDATE 2-New York City can ban ads inside Uber, Lyft vehicles -U.S. appeals court A federal appeals court on Tuesday said New York City can ban advertising inside vehicles driven for companies such as Uber and Lyft, handing a victory to the millions of passengers who it said find such ads "extremely annoying."...
01:17, 2019-07-17