UBERABANEWS.COM: Latest News of The Day 10:32, 05/15/2019

The next Uber will come from the $1.2 trillion global truck and shipping industry

The shipping business is huge and inefficient. But a number of start-ups, including Flexport and Convoy, which was founded by former Amazon executives, have leaped into the market with some technology-driven solutions....

The next Uber will come from the $1.2 trillion global truck and shipping industry

Source: cnbc.com

How the retail industry will top $5.5 trillion by 2020 (TGT, WMT, AMZN) The future of retail is looking bright. So bright that Business Insider Intelligence, Business Insider’s premium research service, expects the industry to top $5.5 trillion by 2020! While in-store and desktop purchases are certainly helping th...
18:48, 05/05/2019

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 u...
01:00, 05/15/2019

This Week's Trade Standoff Wipes $2 Trillion Off Global Stocks As expectations for a U.S.-China trade accord faded stocks in trade-sensitive sectors and emerging-market currencies tumbled. Meanwhile, investors braced for more choppiness ahead and piled into ultrasafe government bonds....
02:16, 05/11/2019

President Trump’s Trade War With China Wiped $1 Trillion Off Global Markets in a Single Day The flare-up in trade tensions sent global equities to the steepest losses of the year, wiping more than $1 trillion from stock values around the world Monday. The MSCI All-Country World Index fell 2% as of 12:55 p.m. in New York, headed for the wors...
13:00, 05/13/2019

Bad loans were killing the taxi industry long before Uber and Lyft: report The financial woes of the city taxi market may not be entirely the fault of ride-hailing companies — the industry was a house of cards waiting to collapse, a report says. An investigation by the New York Times Sunday put the blame on industry leaders...
08:32, 05/19/2019

This map shows how SoftBank dominates the global ride-sharing industry Softbank is Uber's biggest shareholder, and has spent over $20 billion to collected stakes in the biggest ridesharing players around the world from India's Ola to Singapore's Grab to China's Didi Chuxing....
10:16, 05/09/2019

Here's Your Chance to Watch a Truck Actually Use One of Those Runaway Truck Ramps If you’re like most human beings who have ever driven on America’s public highways, you harbor a shameful and powerful desire to watch an out-of-control 18-wheeler truck go barreling up a runaway truck ramp. You don’t want anyone to be actually hurt,...
08:16, 05/02/2019

Private jet company Vista Global to acquire JetSmarter, once touted as the Uber of private jets Private jet company Vista Global agreed to acquire JetSmarter, betting that the value of JetSmarter's technology will outweigh the controversy and lawsuits still dogging the company....
09:32, 04/28/2019

Uber Eats is 'critical' for Uber to make money in the future, Morningstar analyst says Uber is expected to go public later this week in one of the most anticipated initial public offerings in recent memory. However, the company has lost millions in the last two years....
08:00, 05/09/2019

Uber, Lyft drivers plan to strike Wednesday ahead of Uber IPO Uber and Lyft drivers are scheduled to strike Wednesday, the day before Uber's planned initial public offering.        ...
17:48, 05/05/2019

Uber's CEO sent an email to employees addressing its disastrous IPO, drawing on Amazon and Facebook's rough starts (UBER) Getty/Spencer Platt Uber CEO Dara Khosrowshahi sent an email to employees on Monday, addressing the ride-hailing giant's brutal stock-market debut. He noted that while the market has so far punished Uber's newly minted shares, employees should be mi...
20:16, 05/13/2019

Uber, Lyft drivers plan to strike ahead of Uber’s IPO The protests come as ride-hailing firms face increasing scrutiny over the sustainability of their businesses, which experience massive losses while relying on the work of millions of drivers who are not employees....
08:48, 05/06/2019

Uber/Lyft drivers plan strike before Uber's IPO in New York, elsewhere Uber and Lyft drivers could go on strike in for two hours in New York City and elsewhere Wednesday morning, one day before Uber's initial public offering on the New York Stock Exchange....
04:16, 05/06/2019

Uber wants to gain more users by getting people to stop using Uber Starting April 30, Londoners will be able to view public transport information alongside fares and wait times on the Uber app, to see if taking the tube is quicker or cheaper than waiting.The first, and perhaps only, think you’d think after he...
11:16, 04/30/2019

Uber, Lyft Drivers in US to Strike Ahead of Uber IPO Uber's drivers in multiple US cities will go on strike this week shortly before the ride-hailing company goes public to protest what they view as unfair employment condition....
22:32, 05/05/2019

Walmart ups the delivery game with next day shipping NEW YORK (AP) — Walmart is rolling out next-day delivery on its most popular items, raising the stakes in the retail shipping wars. The nation’s largest retailer says Tuesday it’s been building its own network of more efficient e-commerce...
22:00, 05/13/2019

Oculus Quest and Rift S now shipping Facebook -owned Oculus is shipping its latest VR headgear from today. Preorders for the PC-free Oculus Quest and the higher end Oculus Rift S opened up three weeks ago. In a launch blog Oculus touts the new hardware’s “all-in-one, fully i...
03:16, 05/21/2019

This Investment Straddles "A $1 Trillion Powder Keg" Did you know that Enron's bonds enjoyed an "investment grade" rating just four days before it went bankrupt? Unfortunately true. And, today, other companies and their bonds sit atop "a $1 trillion powder keg." Learn why......
08:32, 05/01/2019

Amazon expands one-day shipping. Four experts weigh in Amazon's core two-day shipping offering has been cut in half, while the company also posted better-than-expected earnings. Four experts weigh in on their main takeaways from the company's quarter....
13:16, 04/28/2019

Factbox: IMO 2020 - a major shake-up for oil and shipping Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades....
15:00, 05/17/2019

Trump to meet with Republican senators on U.S. shipping rules President Donald Trump is set to meet with Republican senators on Wednesday over a proposal to waive rules that only U.S.-flagged ships can move natural gas from American ports to Puerto Rico and the U.S. Northeast....
16:00, 04/30/2019

Amazon looking to shift to one-day Prime shipping and delivering orders wherever you want With Walmart nipping at its heels, Amazon looks to 1-day shipping and dropping off packages wherever a shopper wants to win the delivery wars.        ...
10:32, 04/28/2019

Target, Walmart Shares Take Hit After Amazon's Move to One-Day Shipping Shares of Target and Walmart dipped the day after Amazon said its Prime members would be getting free one-day delivery instead of its current two-day offer....
11:32, 04/28/2019

Amazon plans to make Prime shipping one-day by default Enlarge / A drone with an Amazon package floats in front of the Amazon logistics center in Leipzig, Germany, 28 October 2014. Amazon did not comment on whether drones will fuel this default one-day speed boost for paying Amazon Prime subscribers' del...
01:16, 05/03/2019

IMO, Norway launch project to help shipping sector cut emissions The International Maritime Organization (IMO) has launched a joint project with Norway to help the shipping industry cut emissions by at least 50 percent from 2008 levels by 2050, the UN's shipping agency said on Monday....
18:16, 05/13/2019

Walmart fights back against Amazon with one-day shipping in some U.S. markets Walmart Inc is stepping up its battle with Amazon.com Inc by offering one-day delivery without a shipping fee, weeks after Amazon announced a similar offer - a move that will intensify the race to deliver orders to shoppers faster....
21:48, 05/13/2019

Walmart reveals how it plans to pull off next-day shipping — and it's not what anyone expected Associated Press Walmart is launching free, next-day delivery without using any of its 4,700 US stores. Instead, Walmart will fill next-day orders from its six US fulfillment centers. This is a cheaper and more efficient strategy than filling orders...
23:32, 05/15/2019

Apple buybacks weigh on drive towards $1 trillion value Apple Inc shares rose more than 6 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth....
10:32, 05/01/2019

Amazon pulls in $3.6 billion profit and says it will offer free one-day shipping The company’s lucrative advertising and cloud computing businesses notched the bulk of its profits and helped boost margins even as sales growth slowed....
10:32, 04/28/2019

Samsung Electronics says no anticipated shipping date yet for Galaxy Fold Samsung Electronics said on Tuesday it cannot confirm the shipping date for its foldable device Galaxy Fold yet and apologized to its pre-order customers in the United States for the delay....
01:32, 05/07/2019

Tourist duped into booking roadside shipping container on Airbnb A British tourist in Amsterdam received a shock when he arrived at his Airbnb lodgings to discover he had booked a stay in a roadside shipping container....
03:48, 05/16/2019

Amazon speeds up shipping, but rivals' stores buck its challenge Amazon's promise of one-day shipping threatens to upend the retail sector, but its rivals’ physical stores give the likes of Walmart and Target powerful assets that Amazon itself is scrambling to match....
08:00, 04/29/2019

Democrats Are No Longer Afraid of a Trillion-Dollar Price Tag. Here’s Why When the Obama Administration set out to design a stimulus to stop the economy from a freefall in 2009, word came back from Republican and Democratic moderates in Congress that it couldn’t exceed $800 billion. That didn’t stop many of its...
17:16, 05/08/2019

Trump, Democrats Agree on $2 Trillion for Roads and Bridges (WASHINGTON) — Democratic congressional leaders say they have reached an agreement with President Donald Trump to spend $2 trillion on infrastructure. Senate Minority Leader Chuck Schumer calls the $2 trillion figure a “very good thing...
10:16, 04/30/2019

Trump, Democrats agree to $2 trillion on infrastructure: Schumer U.S. President Donald Trump agreed with Democratic leaders on Tuesday to spend $2 trillion on roads, bridges, water, broadband and power grids, Senate Democratic Leader Chuck Schumer said on Tuesday after a White House meeting....
10:16, 04/30/2019

Trump, Democrats agree to spend $2 trillion on U.S. infrastructure U.S. President Donald Trump and Democratic leaders agreed on Tuesday to spend $2 trillion on roads, bridges, water, broadband and power grids, and will meet again in three weeks to discuss how to pay for the plan, Democratic leaders said....
12:00, 04/30/2019

Uber Wants to Be the Uber of Everything---But Can It Make a Profit? The ride-hailing company, headed for its IPO next week, aims to dominate the world of transportation, from food delivery to freight. It’s still not making any money....
19:48, 05/03/2019

Walmart Hints at an answer to Amazon's 1-day free shipping plan The country's largest retailer implied that it could offer a deal similar to the e-commerce leader's. But should it?        ...
07:32, 05/01/2019

New sulfur caps for shipping fuels will help make the shale boom even bigger The shale revolution here in the U.S. has reduced energy prices for consumers and saved taxpayers money on heating, cooling, and transportation bills. Because of our record production levels, America is less dependent on imports of crude oil and natu...
22:16, 05/05/2019

Amazon is spending $800 million to make free one-day shipping standard for Prime More than a decade ago, Amazon launched its Prime membership service with the promise of free two-day shipping. The unique offer helped attract millions of subscribers, shifted consumer expectations for shopping convenience and forced other large ret...
08:00, 04/29/2019

Airbnbeware: Amsterdam tourists got a dirty shipping container instead of €134 ‘clean home’ Airbnb is notoriously disruptive; whether it’s revolutionizing the hotel industry, causing housing shortages, or unveiling humans’ endless capacity for greed — which has hit an all time low now in Amsterdam. Ben Speller showed up to Amsterdam to see ...
05:48, 05/13/2019

Mississippi River barge shipping resumes after floods, but rains to return The upper Mississippi River fully reopened to boat and barge traffic this week for the first time since November as shippers scrambled to move a backlog of overdue fertilizer barges to farmers racing to sow corn before the end of the month....
15:00, 05/17/2019

Apple's upbeat forecast pushes market value back toward $1 trillion Apple Inc shares rose nearly 5 percent on Wednesday, pushing the iPhone maker's market valuation back toward $1 trillion as its quarterly report and upbeat forecast soothed investors worried about falling iPhone sales....
18:48, 05/01/2019

Beto O’Rourke Releases $5 Trillion Climate Change Proposal Mr. O’Rourke’s choice to make climate change the first policy focus of his presidential campaign shows just how much the issue has risen among Democrats....
18:16, 04/29/2019

Apple results beat sets eyes back on $1 trillion Apple Inc shares rose almost 5 percent on Wednesday, pushing the iPhone maker's market valuation back towards $1 trillion as its quarterly report and upbeat forecast calmed investors worried about slowing growth....
07:16, 05/01/2019

Trump and Democrats Agree to Pursue $2 Trillion Infrastructure Plan After a meeting of “good will” at the White House, the leaders will gather again in three weeks to discuss how to actually pay for the ambitious project....
12:16, 04/30/2019

Plastic pollution in worlds' oceans could have $2.5 trillion impact, study says A new study suggests that the plastic pollution problem in the world's oceans is having an economic impact that is startling – perhaps as much as $2.5 trillion....
11:16, 04/28/2019

Flood-swollen Mississippi River closed to shipping at St. Louis: U.S. Coast Guard The U.S. Coast Guard said it closed the Mississippi River near St. Louis to boat and barge traffic on Friday as excessive rains and heavy snow melt this spring swelled the major shipping waterway to near record levels....
09:00, 05/03/2019

Apple shares flirt with $1 trillion valuation on China sales uptick Apple shares spiked more than 5 percent Tuesday after the iPhone maker said sales in China are bouncing back — bringing the tech giant back to the brink of a $1 trillion market cap. Apple offset news of a quarterly sales decline Tuesday with strong f...
04:00, 05/02/2019

Beto O'Rourke announces $5 trillion plan to fight climate change Democratic presidential candidate Beto O'Rourke unveiled a four-point plan to fight climate change that includes $5 trillion for infrastructure, technology and communities related to the issue....
13:16, 04/29/2019

$2 trillion in tax-free Opportunity Zone investing could benefit rich and poor In an innovative addition to the Tax Cuts and Jobs Act, 8,700 low-income census tracts called Opportunity Zones could benefit investors with unrealized capital gains to sell existing investments and re-invest those gains in high-poverty areas....
07:32, 05/06/2019

Democratic presidential candidate O'Rourke lays out $5 trillion climate plan U.S. presidential candidate Beto O'Rourke on Monday laid out one of the most detailed climate policies so far in the crowded Democratic field, calling for a $5 trillion investment in clean energy technology and infrastructure over 10 years with a goa...
09:48, 04/29/2019

Koch network slams $2 trillion infrastructure cost agreement between Trump and top Democrats "Instead of proposing a $2 trillion catch-all 'infrastructure' bill and asking hard-working Americans to fund it by paying more at the pump, Washington lawmakers should cut the red tape and stop wasting the tax dollars we give them," the gr...
13:32, 04/30/2019

Beto O'Rourke's First Policy Proposal Is a $5 Trillion Plan to Tackle Climate Change If you want further proof the 2020 presidential election will be the first presidential election where climate change is treated like it really matters, let me direct you to Beto O’Rourke. The former member of Congress’ biggest climate moment to date...
13:32, 04/29/2019

New UN Global Climate report ‘another strong wake-up call’ over global warming: Guterres The increasing number of natural disasters and dangers linked to climate change, highlighted in a major UN report released on Thursday, represents “another strong wake-up call” to the world, which must be countered by finding sustainable solutions qu...
10:00, 04/28/2019

Jay Inslee Just Dropped His $9 Trillion Plan to Fight Climate Change by Rebuilding the Entire Country Washington Governor Jay Inslee has staked his entire presidential campaign on being the country’s first climate candidate. And on Thursday, he released the second plank of his climate change platform.Read more......
06:48, 05/16/2019

$2.5 trillion breathing problem? Ocean plastic endangers bacteria that create oxygen necessary for life It's already been cast as an economic villain, to the tune of $2.5 trillion, disrupting "almost all marine ecosystem services" and suffocating every industry it touches. Now, plastic pollution in oceans could actually be suffocating the planet – by h...
08:16, 05/15/2019

GLOBAL MARKETS-Global shares advance on data boost from U.S., China Global shares rose on Monday, aided by data showing profits at Chinese industrial firms grew for the first time in four months and a strong reading of U.S. first quarter growth data last week....
03:48, 04/29/2019

GLOBAL MARKETS-Global stocks rally as U.S. eases Huawei restrictions The dollar rose and global equity markets advanced on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily eased trade restrictions on China's Huawei Technologies Co Ltd ....
11:32, 05/21/2019

Cboe Global Markets to Present at Barclays Global Financial Services Conference September 12 CHICAGO – September 10, 2018 - Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced that Edward Tilly, Cboe Global Markets Chairman and Chief Executive Officer, and Brian Schel...
06:16, 05/01/2019

Global shares rocky, yuan weakens as global trade talk shakes markets A major global stocks index fell modestly on Friday while the Chinese yuan weakened as persistent global trade tensions hovered over financial markets....
12:32, 05/17/2019

Cboe Global Markets to Present at Deutsche Bank Global Financial Services Conference Wednesday, May 30 CHICAGO – May 23, 2018 - Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, announced today that Chris Concannon, President and Chief Operating Officer, will present at Deutsche Bank’s 8th An...
06:16, 05/01/2019

Cboe Global Markets to Present at Sandler O’Neill Global Exchange and Brokerage Conference Thursday, June 7 CHICAGO – June 1, 2018 - Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, announced today that Edward Tilly, Chairman and Chief Executive Officer, along with Chris Concannon, President and ...
06:16, 05/01/2019

Nearly three-quarters of bills will be paid digitally by 2022 — this is how banks can stay ahead of the trillion-dollar opportunity This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Between housing costs, utilities, taxes, insurance, loans, and more...
18:00, 05/01/2019

$2.5 trillion 'Holy Grail' found? Breakthrough discovery could lead to 100 percent recyclable plastics, scientists say Plastic pollution in the world's oceans may have a $2.5 trillion impact, negatively impacting  "almost all marine ecosystem services," including areas such as fisheries, recreation and heritage. But a breakthrough from scientists at Berkeley Lab coul...
10:00, 05/08/2019

Walmart takes shot in shipping wars by announcing free 'NextDay' delivery Weeks after Amazon officials said they planned to offer free one-day Prime shipping, Walmart said it would roll out "NextDay" delivery without a fee.        ...
23:16, 05/13/2019

Building a tribute into every truck Each one of GM's carbon-fiber pickup beds will be etched with a tribute to Tim Connors, who served as manufacturing chief engineer of the automaker's full-size trucks....
22:00, 04/28/2019

Carbon fiber truck bed just a beginning General Motors engineers see promise in the carbon fiber truck bed in the GMC Sierra, evaluating the material for its possibilities in other vehicles....
22:00, 04/28/2019

76-year-old man killed by truck in Midtown A 76-year-old man was fatally run over by a parking truck in Midtown Tuesday morning, when he crossed the street between two parked cars, according to police and sources. Manhattan man James Buzzell was hit by a 2019 Freightliner on East 16th Street ...
22:00, 05/21/2019

Truck drivers become key EU election issue in Bulgaria SOFIA, Bulgaria (AP) — The future of Bulgaria’s vast number of low-wage truck drivers has become a top campaign issue in the country heading into European Parliament elections, with debates raging on how new EU rules could threaten the workers ...
00:32, 05/14/2019

Mack's new electric truck hauls trash By John Beltz Snyder There's nothing quite like being woken up at the crack of dawn by a giant, slow moving truck that — while it may take your trash and recycling from your curb — leaves behind a big plume of exhaust smoke. Thankfu...
01:32, 05/11/2019

Tow truck driver charged in death of man during SUV repo HOUSTON (AP) — Authorities say a tow truck driver has been arrested and charged after a 68-year-old Texas man died while trying to stop the driver from repossessing his SUV. Houston police say Oscar Lee Harrison Jr. was trying to tow Alberto Nduli...
10:48, 05/03/2019

Tata Ace Mini-Truck Will Make The Shift To BS-VI Tata Motors has confirmed that the company's top-selling light commercial vehicle, Tata Ace, will make the shift to Bharat Stage VI (BS6) next year. The news was confirmed to us on the sidelines of......
03:00, 05/17/2019

Dump truck bed gets stuck under Cleveland bridge Crews are busy working to remove a dump truck bed that got stuck underneath a pedestrian bridge near an interstate in Cleveland Tuesday. Lanes along I-77 will remain closed in both directions until the truck is removed. (April 30)    ...
11:00, 04/30/2019

Here's Everything You Need to Know About Workhorse, the EV Truck Maker That May Buy the GM Lordstown Plant This Wednesday, things went sort of nuts when President Trump tweeted that GM’s Lordstown Plant would be bought by Workhorse, a maker of electric trucks, even though the deal is by no means settled. Most of us don’t know that much about Workhorse, an...
11:32, 05/10/2019

6 Killed, 10 Injured In SUV-Truck Collision In Chhattisgarh Six people, including a woman and a girl, were killed and 10 others injured when an SUV collided with a truck in Chhattisgarh's Surajpur district on Monday, a police official said....
07:00, 05/20/2019

Man watches as his truck explodes at Burger King drive-thru A truck exploded at the drive-thru of a Burger King in Arkansas, injuring the driver, who was not in the vehicle at the time of the blast.        ...
13:00, 04/29/2019

Truck driver charged in Colorado pileup that killed 4 Prosecutors on Friday filed 40 charges, including four counts of vehicular homicide, against a 23-year-old truck driver accused of causing a fiery pileup that killed four people last week on a Colorado highway....
18:16, 05/03/2019

The Original Bigfoot Monster Truck Is Getting the Restoration It Deserves Before monster trucks were a thing, Big Foot was blowing people’s minds with its gargantuan custom boat engine and 66-inch tires. The truck doesn’t race anymore, but it’s too cool to be left to rot. Take a look at how it’s being revived for action....
16:48, 05/06/2019

| WATCH: Dump truck bed gets stuck under Cleveland bridge Crews are busy working to remove a dump truck bed that got stuck underneath a pedestrian bridge near an interstate in Cleveland Tuesday. Lanes along I-77 will remain closed in both directions until the truck is removed....
14:48, 04/30/2019

Runaway truck stopped in spectacular Autobahn action A runaway truck whose driver had died at the wheel was brought to a halt on the German Autobahn by another daring driver and police. Other truck drivers took measures to protect nearby road users....
10:16, 05/10/2019

At least 55 dead after fuel tanker truck explodes near crowd NIAMEY, Niger (AP) — Authorities in the West African nation of Niger say at least 55 people are dead after a tanker truck filled with fuel exploded near the country’s main airport. President Issoufou Mahamadou called the explosion a “nati...
06:16, 05/06/2019

Rivian designed a camp stove add-on for its electric truck Rivian has shown off its upcoming electric truck at the Overland Expo West, and it certainly looks different -- and a lot more extra -- from the previous times we've seen it. The automaker has debuted a camp kitchen for the R1T, and it's ev...
00:48, 05/19/2019

Truck driver in deadly Colorado crash to appear before judge A Texas truck driver who police say caused a fiery multi-vehicle crash near Denver last week that killed four people was due before a Colorado judge on Friday to be formally charged, after being arrested on suspicion of vehicular homicide....
06:48, 05/03/2019

Volkswagen will use Traton proceeds to internationalize truck business: CEO Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalization" of the division, Chief Executive Officer Herbert Diess said on Tuesday....
01:32, 05/14/2019

Prosecutors want GPS monitor on truck driver in deadly crash DENVER (AP) — Prosecutors want a judge to require a GPS monitor for the truck driver accused of causing a fiery pileup that killed four people on a Colorado highway now that the man has posted bond. In the request filed on Monday, prosecutors say inv...
12:16, 05/21/2019

VW truck brand to invest $344 mln in Brazil after Ford exit Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo....
11:32, 05/21/2019

Ex-truck driver linked to homicides to undergo evaluation MEDINA, Ohio (AP) — A former long haul trucker authorities say is linked by DNA to slayings of four women at truck stops in Ohio and Illinois has been ordered hospitalized at a psychiatric facility to determine if he’s mentally competent to sta...
12:16, 05/11/2019

Volkswagen shares rise on truck listing plans Volkswagen shares rose on Tuesday after the group said it would press ahead with listing its Traton trucks unit, in what is set to be Germany's biggest share offering so far this year....
03:32, 05/14/2019

Truck driver, 23, gets bond set at $400G in fatal 28-car pileup Rogel Lazaro Aguilera-Mederos, 23, appeared in court on Saturday after being arrested on suspicion of vehicular homicide following a 28-car pileup in Colorado that killed four people and injured at least six more....
12:48, 04/28/2019

Truck driver charged in deadly Colorado pileup Prosecutors in Colorado have filed 40 charges against a truck driver accused of causing a fiery freeway crash that killed four people. The charges include four counts of vehicular homicide. (May 3)        ...
16:32, 05/03/2019

Man struck and killed by dump truck in Coney Island A man was killed Saturday when he was struck by a dump truck while trying to get across a Coney Island street, authorities said. The 58-year-old man was in the crosswalk of Mermaid Avenue and W. 21st Street at about 9:45 a.m. when a 47-year-old drive...
22:00, 05/11/2019

UPDATE 1-VW plans summer IPO of its Traton truck unit Volkswagen AG said on Monday it plans an initial public offering of its Traton trucks unit before the 2019 summer break and will invest nearly 1 billion euros ($1.12 billion) in an electric vehicle battery cell plant in Europe....
14:16, 05/13/2019

Deputy of Venezuela's Guaido arrested and dragged away by tow truck Venezuelan intelligence agents detained opposition leader Juan Guaido's congressional deputy on Wednesday, using a tow truck to drag his vehicle away with him inside, prompting the U.S. government to warn of "consequences" if he was not released....
20:32, 05/08/2019

Driverless truck stopped in spectacular Autobahn action A runaway truck whose driver had died at the wheel was brought to a halt on the German Autobahn by another daring driver and police. Other truck drivers took measures to protect nearby road users....
05:16, 05/10/2019

Police: 5 dead after SUV hits truck in southern Illinois MARION, Ill. (AP) — Police say five people have died after an SUV crashed into the back of a semitrailer along an interstate in southern Illinois. Illinois State Police Trooper Bridget Rice says the crash happened Thursday afternoon near the West Fra...
05:32, 05/03/2019

Rio Tinto to buy autonomous mining truck fleet from Caterpillar Rio Tinto has agreed to buy a fleet of autonomous trucks and other mining equipment from Caterpillar for its new Koodaideri iron ore mine in Western Australia, it said on Tuesday....
19:48, 05/06/2019

GM plans to sell Lordstown plant to electric truck maker President Donald Trump broke the news in a tweet saying the automaker will sell its Lordstown plant in Ohio to a little known electric truck maker called Workhorse. GM confirmed the discussions, with CEO Mary Barra calling it a potential "win-win for...
12:48, 05/08/2019

Records: Company in Colorado truck crash had brake issues The company that owns a semitrailer involved in a fiery pileup that killed four people near Denver had two trucks taken out of service for brake-related issues in the past year, including one about two months before the Colorado crash....
16:00, 05/01/2019

Rivian debuts a pull-out kitchen for its electric pickup truck Sometimes you need scrambled eggs. And with that thought, today at the Overland Expo in Flagstaff, AZ, Rivian announced a major accessory for its electric pickup: A camp kitchen. The unit slides out from the Rivian R1T’s so-called gear tunnel t...
15:32, 05/17/2019

The Latest: North Macedonia finds migrants hiding in truck MILAN (AP) — The Latest on migration to Europe (all times local): 4:30 p.m. Police in North Macedonia say they have discovered eight migrants crammed into a hidden compartment in the roof of a truck, during a routine search at the border crossing wit...
08:32, 05/20/2019

Volkswagen shares up 2.7% in early trade on truck listing plans Volkswagen shares were up 2.7% in early trade on Tuesday after the multi-brand carmaking group said it would press ahead with a listing of its trucks unit Traton in what could be Germany's biggest share offering this year....
00:48, 05/14/2019

Wrecker truck slides into ocean in Maine after ground beneath it gives way A wrecker truck was pulled from the Atlantic Ocean after plunging into the water when the ground beneath it collapsed Tuesday morning in Harpswell, Maine. The wrecker was in the process of delivering a dock system to the property waterfront, accordin...
23:00, 05/15/2019

‘World first’ driverless electric truck makes deliveries in Sweden Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday in what has been described as a world first....
18:48, 05/15/2019

Click One Button To Save $10 On Your Next Amazon Treasure Truck Purchase Amazon’s Treasure Truck is one of the company’s more bizarre initiatives (though perhaps less Bizarre than Bezos’ moon lander), but if you live in a city where the truck makes the rounds, you can find it to score some seriously great deals that you w...
14:00, 05/10/2019

All-New Tata Intra Compact Truck Unveiled; Launch Later This Month Tata Motors has officially unveiled its all-new small commercial vehicle (SCV) Tata Intra in India, and the model is all set to go on sale in the country on May 22, 2019....
09:16, 05/07/2019

Venezuela pulls CNN after network’s footage of a truck hitting protesters CNN was yanked off the air Tuesday in Venezuela — about a minute after it aired footage of government tanks plowing into a crowd of protesters, the news agency said. “DirecTV, Net Uno, Intercable, and Telefónica all received orders from V...
04:16, 05/02/2019

Shock video shows Venezuelan army truck 'RUN OVER protesters' SHOCKING footage has emerged of Venezuelan forces apparently running over protesters outside an airbase in Caracas – with reports of multiple people injured....
05:32, 05/01/2019

Truck driver faces charges in Colorado crash that killed 4 Prosecutors on Friday filed 40 charges, including four counts of vehicular homicide, against a 23-year-old truck driver accused of causing a fiery pileup that killed four people last week on a Colorado highway....
14:32, 05/03/2019

Truck driver faces 'decades' in prison after fiery Colorado crash The driver who crashed into traffic on a Colorado interstate leading to an accident that killed four people was charged Friday with vehicular homicide. ...
23:00, 05/04/2019

Tata Intra Compact Truck Launched; Prices Start At Rs. 5.35 Lakh Tata Intra, the all-new small commercial vehicle (SCV) from Tata Motors today officially went on sale in India. The new compact trucks will be available in two variants - V10 and V20, priced at Rs.......
05:32, 05/22/2019

It Appears That Even a Truck Full of Cash Can't Get Top Talent to Work for Facebook These Days Former Facebook recruiters say the company’s damaged image is driving away potential hires, according to a new report. Facebook, meanwhile, claims it’s doing better than ever, thank you very much.Read more......
13:00, 05/17/2019

Missouri HOA Threatens to Foreclose on Truck Owner's House Because They Don't Understand Patina Hey! Who here likes Homeowner’s Associations? Ah, gotcha, trick question, absolutely nobody likes HOAs because they’re consistently miserable and disheartening examples of how tiny amounts of power can transform human beings into talking, blistered d...
23:48, 05/08/2019

'Savages': U.S. Border agent accused of slurs before bumping migrant with truck Text messages sent by a U.S. Border Patrol agent before he knocked over a migrant with a pickup truck showed he called migrants "subhuman," and "savages," according to federal court documents....
11:32, 05/20/2019

Trump Claims Money Hemorrhaging Truck Startup Will 'Buy' GM Lordstown Plant After months of urging General Motors not to close the Lordstown, Ohio plant that until recently made the slow-selling Chevrolet Cruze, President Donald Trump now says the automaker may have have found a buyer of sorts. It’s an electric truck company...
13:00, 05/08/2019

Officials: Video Shows Graves County Man Setting Truck On Fire GRAVES COUNTY, Ky. (WPSD)– A Western Kentucky man is facing multiple charges after he allegedly set a truck on fire. It happened around 3 p.m. Thursday at a home on Kentucky 849. Firefighters were able to contain the fire to the truck, protecti...
03:48, 05/17/2019

Driverless electric truck starts deliveries on Swedish public road Resembling the helmet of a Star Wars stormtrooper, a driverless electric truck began daily freight deliveries on a public road in Sweden on Wednesday, in what developer Einride and logistics customer DB Schenker described as a world first....
04:32, 05/15/2019

Einride's autonomous truck begins daily delivery test in Sweden Swedish AV startup Einride has begun testing its all-electric delivery truck on a public road in Sweden. As a part of a year-long trial, the Einride T-Pod truck began the first of what will be many daily freight deliveries this week in the city of J&...
18:48, 05/16/2019

CBOE Holdings Agrees to Acquire Bats Global Markets to Strengthen CBOE Holdings' Global Position in Innovative Tradable Products and Services, and Achieve Meaningful Cost and Operational Efficiencies CHICAGO and KANSAS CITY, Kan., Sept. 26, 2016/ PRNewswire/-- CBOE Holdings, Inc. and Bats Global Markets, Inc. today announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by un...
07:00, 05/01/2019

China's Nio has the industry watching Traditional automakers see startup Nio as a model for a new way of doing business in an industry facing an onslaught of technologies from electrification and connectivity....
22:48, 04/28/2019

Racist texts from border agent accused of hitting migrant with truck revealed A US Customs and Border Patrol agent accused of hitting a Guatemalan man with a truck in 2017 and then lying about the incident called migrants “disgusting subhuman s–t unworthy of being kindling for a fire” just weeks earlier, federal prosecut...
13:32, 05/20/2019

Trump says GM will sell Lordstown, Ohio, plant to Workhorse for electric truck production President Donald Trump on Wednesday praised General Motors CEO Mary Barra after he says she informed him GM will sell its shuttered Lordstown, Ohio, manufacturing plant to auto manufacturer Workhorse....
09:32, 05/08/2019

GM joins Tesla, Ford in building EV pickups — but Texas ranchers don't want a 'playboy's truck' The Rivian pickup "wouldn't make sense for me. It sounds like a playboy's truck, instead of a work truck," Texas rancher Frank Helvey said....
09:32, 05/03/2019

Border Agent Spoke of ‘Frying’ Migrants Before Hitting One With His Truck, Feds Charge A U.S. Border Patrol agent accused of deliberately hitting a Guatemalan migrant with his truck and then lying about it conveyed numerous racial slurs and derogatory statements about Central American and Guatemalan migrants in a series of texts sent w...
20:16, 05/20/2019

Truck driver Rogel Aguilera charged in fiery freeway crash near Denver Authorities on Friday arrested and charged a semi-truck driver with vehicular homicide for a fiery accident on a highway near Denver that killed at least four people and involved 28 vehicles....
10:32, 04/28/2019

Man arrested in Florida after driving stolen truck with caskets inside, Highway Patrol says A man was arrested in Jacksonville, Florida on Monday after he was allegedly driving a stolen box truck with stolen caskets inside, according to Florida Highway Patrol....
22:16, 05/13/2019

'Jaguar is showing that the UK car industry is still the best in the world' Opinion 28 Apr, 2019 Jaguar and Ian Callum have both proved that the UK motor industry is not on its knees after all, says Mike Rutherford...
03:00, 05/02/2019

Another Six Months of Uncertainty for the Auto Industry President Trump’s dispute with China is hogging the headlines, with good reason, but he also has other targets in his sights, notably the German and Japanese car industries. These got a reprieve Wednesday, but only a temporary one. Worries are bound ...
08:16, 05/16/2019

A New-Look TV Industry Descends on Madison Avenue Advertisers will get their first look this week at what the broadcast networks have cooked up for the fall TV season. The major networks all have fresh faces calling the shots on their programming after a year of big change in the industry....
17:00, 05/12/2019

Trump says GM will sell shuttered Lordstown, Ohio plant to electric truck maker Workhorse General Motors is poised to sell a northeast Ohio factory that it's closing to an electric pickup maker, President Trump said Wednesday on Twitter.        ...
11:32, 05/08/2019

This $69,000 RAM 1500 pickup truck rivals the Chevy Silverado and the Ford F-150 — here are its coolest features (FCAU) Matthew DeBord/BI The 2019 RAM 1500 is the truck maker's all-new entry in the full-size-pickup wars, taking on the mighty Ford F-150 and the Chevy Silverado. The RAM 1500 I reviewed was a "Laramie Longhorn" edition with a stout Hemi V8. This luxurio...
08:32, 05/01/2019

Why I (Still) Love Tech: In Defense of a Difficult Industry Technology is just another human creation—like religion or government or sports or money. It's not perfect, and it never will be. But it's still a miracle....
09:00, 05/14/2019

Brazil's economy contraction more likely after industry collapse Output tumbled 1.3 percent in March, its worst reading in six months. In the 12 months through March, Brazil’s industrial production contracted for the first time since 2017, the national statistics bureau reported Friday. Exports to Argentina also d...
10:00, 05/03/2019

SoftBank Invests in an Opaque $100 Billion Industry More and more companies are using intermediaries like Greensill to pay their suppliers early. It’s a part of accounting in desperate need of transparency....
12:16, 05/15/2019

The beauty industry now has its own green 'seal of approval' Environmental Working Group has launched EWG Verified, a label that will help consumers spot products that meet stringent ingredient and transparency requirements It may soon be easier for shoppers to find beauty products without toxic chemicals. The...
07:32, 05/01/2019

Index Industry Association Welcomes Three New Members New York, May 9, 2017 – Index Industry Association (IIA), a global organization of index administrators, has today announced the addition of three new members. CBOE Holdings (CBOE), China Central Depository & Clearing Co., Limited (CCDC) and the Toky...
07:00, 05/01/2019

Canada’s recycling industry is on life-support. Here’s how to fix it B.C. is the only place in Canada where producers pay for and run the recycling system, and the success is evident. But is it enough — or is it also time for governments to step in?...
05:16, 05/01/2019

Trade war gutting U.S. lobster export industry The trade war with China that U.S President Donald Trump is threatening to escalate is already hitting lobster exporters in the Northeast and benefitting their competitors in Canada. (May 9)        ...
16:00, 05/09/2019

After disrupting shaving industry, Harry’s is absorbed by it NEW YORK (AP) — Harry’s, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion. Harry’s has bedeviled brands like Schick and Gillette for years using innovative subscription plans and sleek packagi...
05:32, 05/09/2019

Venezuela oil minister says economy, oil industry under U.S. siege Venezuelan Oil Minister Manuel Quevedo said on Sunday his country's economy and oil industry was under economic and financial siege by the U.S. government....
09:16, 05/19/2019

'We are hammering the last nail in the coffin of the fracking industry' Direct action has spooked the government, shackled the shale gas companies and raised public awareness. Are protesters winning the fight against the frackers?It was always a poisoned chalice, mediating between multinational fracking firms and the loc...
00:00, 05/08/2019

Capital markets: From cottage industry to powerhouse When the newspapers of the day refused to publish prices from the new international bond market growing up at the end of the 1960s, Euromoney was founded to report on the business. The rise of international capital markets since has been astonishing,...
11:00, 04/28/2019

In Plastic-Bag Wars, the Industry Fights Back The backlash against single-use plastic has engulfed straws, bags and takeout containers, but the plastics industry is fighting back, arguing alternatives can be worse for the environment and disruptive for businesses....
15:00, 05/20/2019

Dealerships still key to an evolving industry, says Seat boss Established manufacturers have a clear advantage over start-ups when it comes to getting customers into cars, according to Luca de Meo Dealerships will remain a core part of Seat’s sales network, as it gives the firm a “massive advantage” over start...
00:00, 05/10/2019

Microsoft’s HoloLens 2 has become the AR industry’s dullest thud So far, HoloLens 2 looks a lot like its predecessor: boring and unlikely to get the mainstream attention it needs to become more than a footnote in history.Read More...
18:32, 05/06/2019

Finland’s new cryptocurrency regulation forces AML on industry Cryptocurrency businesses in Finland will now have to register with the country’s financial watchdog. As a result of the ACT OF VIRTUAL CURRENCY PROVIDERS, which comes into force on May 1, businesses will have to adhere with statutory requirements, i...
15:32, 04/29/2019

8 incredible facts about the booming US marijuana industry Barbara Corbellini Duarte/Business Insider The US marijuana industry is worth billions of dollars, and is showing no signs of slowing down. Ten US states have legalized recreational marijuana use, and 33 have legalized medicinal use. Read on for eig...
01:00, 05/08/2019

Digital transformation for the healthcare industry: five things to consider While every industry is facing increasingly stringent levels of regulation and oversight, none is more tightly regulated than healthcare and pharmaceuticals. In a context of highly complex day-to-day operations, the central risk to patients’ l...
05:00, 05/08/2019

How the UK electronics industry lost its spark | Letters Blame for the fall of GEC rests with its boss, Arnold Weinstock, says Tim Webb. Plus letters on the collapse of a once-great British electronics sector from Roger Cooper, Michael Prior, Alan Burkitt-Gray and David Murray Aditya Chakrabortty is basica...
16:00, 05/09/2019

Argentina auto industry, hit hard by recession In the midst of the recession, the Argentine automotive industry is struggling to both sell and produce cars and so far the latest statistics from the chamber of concessionaires reveals that sales have plunged 54.5% year-on-year in March....
19:48, 04/30/2019

FedEx CIO Looks to Industry Collaboration to Scale Blockchain Blockchain is expected within a few years to become an “inevitable and essential” tool in tracking goods and reducing fraud in the supply chain, said FedEx’s CIO—but collaboration will be needed for the technology to really take off....
18:32, 04/29/2019

Dog dragged from back of truck suffers road rashes, bloody paws; homeless driver, 58, charged, police say A Florida homeless man was arrested on animal cruelty charges Wednesday after allegedly dragging a pit bull behind his pick-up truck, badly injuring the dog.  ...
07:00, 05/09/2019

Mush! Watch a team of Boston Dynamics' SpotMini robot dogs pull a truck down the street Boston Dynamics' four-legged SpotMini weighs 66 pounds, can carry up to 31 pounds and run for 90 minutes. A team of the robot dogs can pull a truck.        ...
10:32, 04/28/2019

Trump slaps new U.S. sanctions on Iran's metals industry President Donald Trump on Wednesday ordered new sanctions on Iran, this time targeting the Islamic Republic's export revenues from its industrial metals sector, and vowed to keep squeezing Tehran unless it "fundamentally alters" its policies....
20:32, 05/08/2019

Iran says U.S. sanctions on its oil industry will damage market stability U.S. sanctions against Iran's oil industry will damage the stability of global oil markets, a senior Iranian official was quoted as saying on Monday....
08:00, 04/29/2019

U.S. oil-storage industry fines soar on air, water violations Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year - even without including two major Houston-area disasters in the last month still under investigation - acco...
08:00, 04/29/2019

The Honor 20 series ushers in an industry-first 'holographic' design Buoyed by the distinct appeal of its phones, the Honor brand was on a roll last year with sales rising double digits in a stagnating market. The phone maker is determined to keep the momentum going with its upcoming Honor 20 series that will be annou...
03:16, 05/10/2019

Helium Shortage Is Hurting Parties and the Pharmaceutical Industry Helium is not only used for balloons. It’s a critical material in the pharmaceutical industry — a field that’s taking a hit with the ongoing shortage of this non-renewable element. The shortage has already hurt the party industry. P...
18:48, 05/11/2019

Most health care industry profits go to drug companies Big Pharma eats up a lion’s share of health care industry profits, according to new first-quarter financial reports — and its dominance has implications for Americans struggling to pay for prescription drugs. More than half of total industry profits ...
17:48, 05/13/2019

The Cottage Industry for Artists Among the 'Game of Thrones' Faithful From illustrations to sculptures, HBO is showing off standout creations by hobbyists and paying professional artists to produce gallery-quality pieces. Others, meanwhile, operate in a gray area between homage and copyright infringement....
09:48, 05/06/2019

Music industry takes aim at Fortnite over song royalties Songwriters and composers look to use new copyright laws to cash in on the boom in online gamingThe global phenomenon Fortnite recently attracted millions of fans to a virtual gig by the real-world DJ Marshmello and now songwriters and composers are ...
05:10, 05/01/2019

Tariffs cause price hike, worry for bike industry Trade war with China causes price hikes, uncertainty for bike industry, which imports more than 90 percent of bikes and bike parts from China. (May 22)        ...
00:00, 05/22/2019

Macron takes aim at U.S. in push for fairer tech industry President Emmanuel Macron on Thursday took a swipe at the freewheeling U.S. business model, saying the private sector had too much influence on U.S. policy and Europe should offer a middle way between China's state control and U.S. laissez-faire....
10:32, 05/16/2019

We’ve been missing a big part of game industry’s digital revolution Enlarge / Data! Pew-pew! (credit: Aurich / Getty / Konami) Fig. 1: A year ago, NPD thought US game market revenue had been pretty flat. Now, the tracking firm realizes the market has been growing consi...
06:32, 05/02/2019

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care products alone saw a more than 7% jump in sales, according to market researcher NPD Group....
11:00, 05/18/2019

Kenya clamps down on gambling ads, says industry endangering lives Kenya introduced new gambling regulations on Thursday, including banning advertising outdoors and on social media, the interior minister said, after highlighting last month how it had become a problem for the young and poor....
12:48, 05/02/2019

Straight up: How the Kentucky bourbon industry is going high tech Bourbon is one of the most popular spirits in the world. Some Kentucky distilleries are adding data analytics, automation, IoT sensors, and RFID tags to streamline production....
15:48, 04/30/2019

Will India Have 100 Internet Unicorns by 2025? What Industry Stalwarts Say Paytm founder Vijay Shekhar Sharma, angel investor Rajan Anandan, Kalaari Capital MD Vani Kola, and others highlight the growth of Internet startup space in India....
08:48, 05/03/2019

Extinction Rebellion urges ad industry to use its power for good Letter to senior figures urges them to use their power to influence public opinion on climate changeEnvironmental activists Extinction Rebellion have turned their fire on the advertising industry in a public letter, encouraging it to use its expertis...
00:16, 05/19/2019

Credit Card Processor Cuts Ties With CBD Industry FILE – In this April 24, 2018, file photo, the first rendering from hemp plants extracted from a super critical CO2 extraction device on its’ way to becoming fully refined CBD oil spurts into a large beaker at New Earth Biosciences in Sal...
13:16, 05/15/2019

Indonesia says ramping up push against mercury in mining, industry Indonesia on Tuesday said it was beefing up its efforts to phase out the use of toxic metal mercury in sectors such as mining, healthcare and manufacturing....
05:32, 05/07/2019

Beyond Meat preps for IPO as rivals take bite out of food industry Startup is the latest ‘unicorn’, with a valuation of about $1.2bn, to go public as its competitor launches the Impossible WhopperWall Street is going vegan. At some point in the next four weeks, Beyond Meat, a pioneering plant-based meat alternative ...
14:32, 05/01/2019

A Crisis Of Faith: Pope Francis Has Left The Catholic Church To Worship A Monster Truck He Saw Flatten 30 School Busses Today marks an abrupt end to the six-year reign of perhaps the most beloved and popular Pope of the modern era. On the steps of the Vatican this morning, Pope Francis announced that he is leaving the Catholic church to worship a monster truck he saw ...
13:48, 05/07/2019

Energy Industry Confronts Sexual Misconduct and Harassment Allegations When Whiting Petroleum hired its chief executive in 2017, the company was unaware that allegations of sexual misconduct and harassment had been brought against him at his previous employer, according to a person familiar with his hire....
10:48, 04/28/2019

Ocasio-Cortez, Sanders to take on credit card industry with new legislation Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders will propose legislation Thursday to cap credit card interest at 15 percent. Sanders, a Democratic presidential candidate, said a decade after taxpayers bailed out the big banks at the beginning o...
11:32, 05/09/2019

Homophobic remarks by Brazil's president could harm tourism industry Brazilian President Jair Bolsonaro's comment that the country must not become a "gay tourism paradise" sparked fears that LGBTQ people will avoid traveling to the country, fearing the possibility of violence, according to advocates and industry repre...
09:32, 04/28/2019

UPDATE 2-UniCredit chairman does not rule out industry rescue of Carige Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday....
11:48, 05/15/2019

Boost.ai aims to reshape customer service industry with conversational AI Online customer service is a profession with one of the highest employee turnover rates which poses a big challenge for businesses in that segment. Many organisations have switched to chatbots to automate such work though the results aren’t al...
07:32, 05/01/2019

China to announce rules soon to regulate commercial rocket industry China's national space agency said on Tuesday it will soon announce rules to regulate commercial rocket manufacturing, test flights and launches, state media reported, as the number of private startups in the nascent sector surged in the past year....
16:00, 04/28/2019

Iraq's racy TV in Ramadan revives an industry - and draws censure On a studio set in Baghdad, a director watches the star of his TV series hold a knife against the neck of a fellow actor, in a dramatic revival of fortunes for Iraq's entertainment industry....
10:32, 05/21/2019

Horse Deaths are Threatening the Racing Industry. Is the Sport Obsolete? A Kentucky family in the horse business for decades says action to address the health of the animals is overdue. The consequences of inaction could be catastrophic....
04:16, 04/29/2019

Dire new figures show the cable industry is now losing 14,000 subscribers every day At this point, it’s pretty hard to argue that the traditional pay TV industry is not living on borrowed time, as it continues to bleed subscribers who are increasingly flocking to cheaper, streaming solutions. 2018 hit the industry particularly...
21:48, 05/08/2019

Greening the chemical industry requires massive amount of renewables To go green, the chemicals industry could use carbon dioxide from the air instead of fossil fuels, but this would require vast amounts of renewable energy...
13:48, 05/13/2019

Argentina’s beloved book industry hopes to weather crisis As the hugely popular Buenos Aires Book Fair opens its doors to the public once again, the chills of the economic downturn are being felt across the publishing sector....
10:48, 04/28/2019

Rihanna's Fenty label aims to rip up fashion industry rules Singer’s new clothing line, on sale this week, has ditched traditions such as catwalk showsA corseted Japanese denim minidress ($810), a cotton canvas blazer belted with a coordinating bumbag ($1,100), oversized sunglasses ($460) and a brass-and-crys...
08:48, 05/21/2019

As TV Industry’s $20 Billion Week Starts, Signs That Streaming Isn’t King Yet The so-called upfronts are traditional television’s annual hype-fest, and a way locking advertisers into lucrative deals. They’re also a reminder of the medium’s continuing relevance....
16:32, 05/12/2019

Sprint lost more subscribers in a key segment of the industry than its three rivals combined Sprint's best bet for staying alive is to merge with T-Mobile. Never was that more apparent then after Sprint released its fiscal fourth-quarter earnings the other day. While T-Mobile continues to add net postpaid phone connections (656,000 in its la...
10:00, 05/08/2019

UPDATE 1-UniCredit chairman does not rule out industry rescue of Carige Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday....
06:16, 05/15/2019

Imogen Heap Is Building Tech to Change the Music Industry The singer-songwriter discusses her projects to help musicians, including a digital hub for artists and WiFi-connected gloves that control sound with movement...
04:32, 05/10/2019

China and Huawei need US more than America needs them in 5G wireless race, say industry insiders Trump's new order effectively blacklisting Huawei from the U.S. market will not hurt America in the race to build out next-generation 5G wireless technology, a well-known CEO and a top telecom investment banker say....
15:32, 05/17/2019

Car industry warns of return to 'dark days' as manufacturing falls again UK car manufacturing fell for the tenth month in the row in March as the industry warned that output from the sector could fall to 1980s levels in the event of a no-deal Brexit....
23:32, 04/29/2019

Auto industry says cybersecurity is a significant concern as cars become more automated The auto industry is downplaying a report that a hacker’s use of GPS trackers allowed him to monitor the location of thousands of vehicles in commercial fleets and even turn off their engines....
13:32, 04/30/2019

Trade war hurting the U.S. ethanol industry 'badly': U.S. Grains Council The U.S.-China trade war is hurting the U.S. ethanol industry "badly," Mike Dwyer, chief economist of the U.S. Grains Council, said on Wednesday at an event at New York Sugar week:...
17:48, 05/15/2019

Kentucky's bourbon industry goes high tech: The inside story Watch Teena Maddox tour Buffalo Trace, Wild Turkey, and Bardstown Bourbon Company, and learn how the distilleries use data analytics, RFID, and more tech to streamline production and distribution....
18:48, 04/30/2019

Mobile industry and tech channel moves for April 2019 Got some good news to share with us about your moves? Send the details to desire.athow@futurenet.com with a photo if possible. Max Taylor rejoins Vodafone Max Taylor has rejoined Vodafone as consumer director. Taylor had previously spent a decade a...
03:00, 04/29/2019

UPDATE 1-Macron takes aim at US in push for fairer tech industry President Emmanuel Macron on Thursday took a swipe at the freewheeling U.S. business model, saying the private sector had too much influence on U.S. policy and Europe should offer a middle way between China's state control and U.S. laissez-faire....
06:16, 05/16/2019

Banking: What Santander’s failure to appoint Andrea Orcel as CEO means for the industry Spanish-based group will struggle to overcome fall-out of recruitment U-turn, while Orcel’s situation raises broader questions for banks’ hiring and compensation strategies....
11:00, 04/28/2019

'Disastrous' lack of diversity in AI industry perpetuates bias, study finds Report says an overwhelmingly white and male field has reached ‘a moment of reckoning’ over discriminatory systemsLack of diversity in the artificial intelligence field has reached “a moment of reckoning”, according to new findings published by a New...
05:10, 05/01/2019

Daily on Energy: Industry to broach the topic of carbon pricing with Congress SIGN UP! If you’d like to continue receiving the Washington Examiner's Daily on Energy newsletter, SUBSCRIBE HERE: http://newsletters.washingtonexaminer.com/newsletter/daily-on-energy/...
17:48, 05/16/2019

Industry veteran Finbarr O'Neill takes helm at F&I firm APCO Finbarr O'Neill, 67, retired as CEO of J.D. Power in March 2018. Prior to that, he held leadership roles with automakers and dealership services giant Reynolds and Reynolds....
02:48, 05/17/2019

Airlines, travel industry warn of excessive U.S. entry wait times Groups representing major U.S. airlines, airports and travel industry companies on Friday urged U.S. Senate leaders to back additional funding for Customs and Border Patrol (CBP) officers as the Trump administration said on Friday it was shifting add...
15:16, 05/10/2019

U.S. Senator Says His Anti-Loot Box Bill Has The Video Game Industry Worried Is Republican senator Josh Hawley an advocate for video game players or an ambitious politician with a savvy staff who know a win-win argument when they see one? The freshman senator from Missouri, who plans to soon introduce a bill that will ban loo...
11:16, 05/21/2019

The First TV Show Is Leaving Georgia Over the New Abortion Law. The Local Film Industry Fears What Comes Next This week, the director Reed Morano was supposed to fly to Georgia to scout locations for a new show for Amazon Studios called The Power. The drama series is adapted from a novel by Naomi Alderman, in which young women suddenly develop the power to r...
13:16, 05/21/2019

Deadly Swine Fever Is Ravaging China’s Pork Industry, and It May Be Spreading Along the Gulf shores of Texas and Louisiana there is a complex of deep, underground caverns. Inside each of these enormous caves – each of which is large enough to easily fit Chicago’s Willis Tower inside — the U.S. government keep...
01:32, 05/06/2019

Autocar names Great British Women in the Car Industry sponsors for 2019 Nissan, Toyota and CDK Global confirmed as headline sponsors for Autocar’s Great British Women in the Car Industry – Rising Stars event This year’s Autocar’s Great British Women in the Car Industry – Rising Stars initiative, in partnership with the ...
05:32, 05/01/2019

Farm industry in the dark about Trump's promised aid for China trade fight President Trump has promised as much as $15 billion in aid to the agricultural industry to make up for China's retaliatory tariffs, but farm trade associations say they don't know yet how the assistance would work....
22:00, 05/14/2019

Avengers Stunt Performer Reflects on Being a Black Woman in the Movie Industry Chances are, you’ve seen Jazzy Ellis perform stunts in your favorite movie or TV show. Some past projects include the Avengers: Infinity War and Avengers: Endgame, Ride Along 2, The Walking Dead and Black Lightning. But, of course, it’s not easy bein...
04:16, 05/02/2019

Ericsson: 5G can boost enterprise revenue, but security controversy slowing down industry Touting its low latency and high speeds, Ericsson says 5G can introduce a multitude of new applications for businesses and give telcos the cost efficiencies they seek, but the persistent controversy over cybersecurity--specifically involving Huawei--...
05:32, 05/03/2019

Democrat Warren targets Pentagon contractors, calls industry corrupt U.S. Senator Elizabeth Warren, a Democrat seeking her party's presidential nomination, on Thursday called for new rules governing Pentagon contractors, saying the industry has become too close to Defense Department officials....
05:48, 05/16/2019

PlayStation accounts for one-quarter of game industry’s $29.4 million TV ad spend in April PlayStation ramped up its marketing in April and ended the month accounting for 26.9% of all gaming-industry ad spend on national broadcast and cable TV.Read More...
10:32, 05/11/2019

Julianne Moore believes in 'quotas' for gender parity in movie industry Julianne Moore said Wednesday that larger efforts are needed in order for the movie industry to reach gender parity, and that means implementing quotas....
05:48, 05/16/2019

30 years of data shows the music industry peaked when Napster hit the scene The music industry, like all industries, has changed a lot over the last 30 years due to advancements in technology and the advent of the internet. A new graph from the data experts at Chartr shows just what that change has meant in terms of what kin...
17:16, 05/07/2019

Bajaj Auto Beats Industry Slowdown, Posts 21 Per Cent Growth In Net Profit Bajaj Auto bucked the trend of an overall industry slowdown and posted better than expected results in the fourth quarter of the financial year 2018-19, as well as overall numbers for FY 2019....
07:16, 05/17/2019

Presidential Candidate Jay Inslee Proposes Shutting Down America's Coal Industry in a Decade Jay Inslee, the first presidential candidate running on climate change, has a plan to deal with, uh, climate change. After laying out four guiding pillars for his candidacy, Inslee released the first major piece of his policy platform on Friday. One ...
10:16, 05/03/2019

Brazil air travel to grow 4%-5% in 2019 despite Avianca Brasil trouble -industry group Air travel in Brazil will grow between 4% and 5% in 2019, the president of industry group ALTA said on Friday, despite challenges facing No. 4 airline Avianca Brasil, which has lost most of its fleet....
13:00, 05/10/2019

After game industry failure, Curt Schilling agrees to pay back Rhode Island Schilling poses with the Collector's Edition of 38 Studios' sole release, Kingdoms of Amalur. The long, winding saga of baseball star Curt Schilling's massive business failure in the video game industry may finally be reaching its end. As The Asso...
06:32, 05/02/2019

Aerospace industry sees big potential for civilian version of plane-chopper hybrid Some 500 years after Leonardo da Vinci envisioned a medieval helicopter, a company that now bears his name wants to revolutionize air travel with the first civilian tilt-rotor aircraft -- an airplane-chopper hybrid....
04:32, 05/20/2019

Georgia governor delays film industry trip amid abortion ban fallout ATLANTA — Georgia Gov. Brian Kemp has delayed an annual trip to Los Angeles to promote Georgia’s film industry as movie executives, producers and actors criticize the state’s new abortion ban. The Atlanta Journal-Constitution reports the ...
03:00, 05/15/2019

The Payment Industry Ecosystem: The trend towards digital payments and key players moving markets Business Insider Intelligence This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. The digitization of daily life is making phones and connected devices the preferred payment tools f...
23:32, 05/15/2019

White House Launches Survey Looking for Tech Industry Anti-Conservative Bias SAN FRANCISCO — On the heels of President Donald Trump’s repeated assertions claiming anti-conservative bias by tech companies, the White House has launched an online form asking people to share their experiences if they think political p...
20:16, 05/15/2019

A truck driver is charged with 4 counts of vehicular homicide and 36 other counts in a fatal pileup near Denver A trucker has been charged with 40 counts, including vehicular homicide and first-degree assault, in the deadly and massive traffic pileup outside Denver last week, the Jefferson County district attorney's office said Friday....
12:32, 05/03/2019

Celebrity chefs Giada, Ramsay and Fieri on how industry can attract millennials, deal with wage hikes While people may associate New York City, Los Angeles, Paris or London as the places with the finest cuisine, Las Vegas has become a destination for some of the most renowned chefs....
12:00, 05/14/2019

Monster Truck Jumps Record Seven Other Monster Trucks These days, it’s hard to find something on newsfeeds that’ll make a person drop their jaw in a good way—no matter the subject matter. That, thankfully, is why we have Monster Jam....
20:32, 05/13/2019

Tobacco company Reynolds blames teen vaping crisis on Juul in fighting FDA plan to rein in industry The FDA in March proposed limiting sales of fruity e-cigarette flavors to age-restricted stores to curb what it has labeled a teen vaping "epidemic." Reynolds says the plan is "overly broad" and the FDA should instead focus on Juul....
10:32, 05/02/2019

'Luckiest person in the world': Miracle escape for driver after truck's wheel slices car apart on M6 Dramatic images of a car and its baby seat destroyed by an HGV wheel have been released by police who described the driver as "luckiest person in the world"....
10:32, 05/21/2019

Uber Wants to Be the Uber of Everything The ride-hailing company, headed for its IPO next week, aims to dominate the world of transportation, from food delivery to freight. But can it make any money?...
14:16, 05/03/2019

Uber's IPO might just be a bust Based on how two high-profile initial public offerings have done lately, Uber might be better off pitching itself as a delivery service for plant-based food via Uber Eats as opposed to a company that takes passengers from point A to point B....
12:48, 05/07/2019

|Uber'shypedissolvesandIPOjoinsranksofWallStreetflops Uber plunged immediately at the opening of trading, falling as much as 8.8% from its IPO price of $45 per share, a level that was already at the low end of bankers’ expectations....
22:48, 05/11/2019

Here's who gets rich from Uber's IPO Over the last decade, Uber raised unprecedented amounts of funding from a who's who of investors to pave the road for its rapid expansion into cities around the world. Now, as Uber finally becomes a public company, some of those investors and Uber's ...
01:32, 05/13/2019

Here's What You Need to Do to Take an Uber or Lyft at PDX Now Figuring out the best mode of transportation for leaving an airport can be tricky, especially if your preferred method is using a rideshare app. Confusion starts when you try to pin yourself to the correct location, and continues as you wait to be co...
05:16, 05/15/2019

Coal industry urges re-elected Morrison government to build new coal plants The Coal Council calls on Labor to reverse many of its climate policies after strong election swings against itThe coal industry has begun lobbying the re-elected Morrison government to support hardline positions, including building new coal-fired po...
03:00, 05/20/2019

13 vintage photos of the auto industry during America's first auto boom Bettmann/ Getty Henry Ford's Model T automobile created an auto boom in the US in the early 1900s. There were less than 200,000 cars on the road before Ford released the Model T. At its peak, the Model T cost just $575, which was less than the aver...
08:32, 05/01/2019

CBOE Vest Technologies and The Options Industry Council (OIC) Offer Options Strategy Builders Tool on OIC Website CHICAGO -- August 17, 2017 -- CBOE Vest Technologies, a software company enabling users to work with target outcome investment strategies, and the Options Industry Council (OIC), a provider of unbiased options education, are working together to educa...
06:32, 05/01/2019

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....
08:48, 05/22/2019

Uber Prices IPO at $45 a Share Uber priced its initial public offering at $45 a share, near the low end of its expected range as the ride-hailing giant grapples with choppy markets and the disappointing debut of its chief rival....
15:00, 05/09/2019

States call pornography a public health crisis; porn industry decries 'fear mongering' From Idaho to Pennsylvania, lawmakers in more than a dozen states have adopted resolutions declaring pornography a public health crisis.        ...
20:16, 05/09/2019

Uber valued at $82.4bn as it prices IPO at $45 per share Loss-making ride-hailing app asking investors to pay $45 per share – at the low end of the range it had set for Wall Street debutUber is seeking a valuation of $82.4bn, less than the $100bn it was hoping for, but still making it one of the largest IP...
15:32, 05/09/2019

Uber prices IPO at $45 a share, at low end of range Uber, in one of the most high-profile U.S. listings since Facebook's IPO seven years ago, raised $8.1 billion in adopting a risk-averse stance with its equity market debut. The IPO comes against a backdrop of turbulent financial markets and the plung...
16:00, 05/09/2019

Analyst: Uber value will grow above IPO price Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price. But many analysts predict the price will recover and grow. (May 10)        ...
15:00, 05/10/2019

Uber drivers strike over pay and conditions Protests take place in UK, US, Brazil and Australia as ride-hailing app prepares for stock market debutUber drivers have gone on strike in the UK, US and other countries including Brazil and Australia to demand better pay and conditions ahead of the ...
11:00, 05/08/2019

Outside Uber HQ, Drivers Demand a Cut of the Riches SAN FRANCISCO, Calif. – Just days ahead of Silicon Valley’s most hyped mega-IPO, a group of a several hundred Uber drivers gathered in front of the company’s San Francisco headquarters and took over the street in a protest demanding fair pay, benefit...
15:48, 05/08/2019

Uber drivers strike as IPO looms Just a day before its planned IPO, some Uber drivers in the U.S. and Britain planned to strike May 8 in protest at what they say is poor pay and conditions....
10:32, 05/08/2019

Uber, Lyft drivers strike for better pay Uber and Lyft drivers went on a nationwide strike and urged riders to boycott the services Wednesday in an effort to urge the companies to increase wages....
17:16, 05/08/2019

Uber starts trading at $42, down 6.7% from IPO price Uber's stock crumpled 6.7% down from its IPO price at the start of trading in Silicon Valley's most hotly anticipated public offering in years.Read More...
10:32, 05/10/2019

With ring of a bell, Uber goes public With a ring of the opening bell, Uber is looking to pick up passengers as a newly public company on the New York Stock Exchange. Officials expect trading to start around 11:30 a.m. Friday. (May 10)        ...
08:00, 05/10/2019

Uber opens first day of trading at $42, below IPO price Uber’s public stock debut is not shaping up to be a 5-star ride. The ride-hailing giant opened its first day of trading on the New York Stock Exchange at $42 a share, well below its IPO price of $45 a share — a major setback for the company’s much-an...
11:16, 05/10/2019

Uber had the worst first-day dollar loss ever of any US IPO AP Photo/Richard Drew Uber started trading on Friday in an initial public offering that valued the company at $75.5 billion. By the end of day Friday, the stock was trading down 6.7% off the $45 a share, where the company had priced on Thursday nigh...
23:16, 05/11/2019

Uber drivers protest ahead of IPO Drivers for Uber turned off their app to protest what they say are declining wages ahead of Uber’s initial public stock offering, expected to raise billions for the ride-hailing giant. (May 8)        ...
02:00, 05/09/2019

Uber slips below $70 billion value in turbulent first day It took more than two hours for Uber shares to finally start trading after Uber executives and drivers congregated at the New York Stock Exchange for the bell-ringing ceremony. Uber closed at $41.57, giving it a market capitalization of just $69.7 bi...
07:32, 05/11/2019

Uber does not look like a business worth $90bn. Nothing like 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 [Initial Public Offer...
11:00, 05/08/2019

Uber has a solution for chatty drivers We've all been there. You've had a long, tiring day, and you hail a ride to get home. Your driver is nice, but they're perhaps a little too eager for some chit-chat and to play their favorite radio station, when you'd like a modic...
00:00, 05/15/2019

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 ...
19:32, 05/20/2019

PayPal to invest $500 million in Uber Online payments company PayPal plans to invest $500 million in Uber Technologies as the ride-hailing firm unveiled terms for its initial public offering on Friday, Refinitiv IFR reported....
13:48, 04/28/2019

DealBook Briefing: Uber Is Lowballing Its I.P.O. The ride-hailing giant plans to disclose this morning that its I.P.O. could value it at $90 billion — less than it had told some investors to expect....
14:16, 04/28/2019

Uber unveils IPO terms that are well below expectations Uber Technologies Inc, the world's largest ride-hailing company, plans an initial public offering that values the company as much as one-third below what the startup's insiders had hoped for, between $80.5 billion and $91.5 billion....
17:32, 04/28/2019

Why I wouldn't panic about Uber's lackluster IPO Uber's initial public offering proved a gigantic bust. On Friday, the ride sharing company took the largest financial hit of any American company, and its stock plummeted by roughly 10%. Leftist activists and the Gizmodo contingent of tech foes cheer...
12:00, 05/14/2019

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.        ...
03:00, 05/01/2019

Uber shares fall for second day after ill-fated IPO Uber Technologies Inc's shares fell as much as 10% on Monday, more than doubling their losses since the ride-hailing giant's poorly received Wall Street debut on Friday and raising more questions about investors' faith in its ability to make profits....
08:48, 05/13/2019

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....
17:32, 05/15/2019

Uber Has Poisoned an IPO Market That Was Sick Anyway Uber’s flop makes it harder for the next big Silicon Valley unicorn trying to shift its losses on to public markets, just as Snap’s dire debut did two years ago....
04:16, 05/14/2019

Uber, Down $14 Billion Since Friday, May Drop Even Further Outpacing the New York Stock Exchange’s losses on another rocky day of trading, Uber’s disappointing IPO is becoming disastrous, falling an additional 10.8 percent in its second day as a public company.Read more......
20:00, 05/13/2019

Uber drivers eye IPO riches, call for strike in U.S. and UK Some Uber Technologies Inc drivers in the United States and Britain said they will strike on Wednesday, protesting what they call low pay a day before the ride-services company launches its initial public offering, valuing it at as much as $90 billio...
21:48, 05/07/2019

Uber quizzed on growth at IPO roadshow in London Uber Technologies Inc Chief Executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ride hailing firm's growth plans justified a valuation of up to $91.5 billion in an initial public offering (IPO)....
08:00, 04/29/2019

| Like Uber, but for organs: First kidney delivered by drone A kidney needed for transplantation has been delivered by a drone for the first time ever, the University of Maryland Medical Centre said, a development that could herald faster and safer organ transport....
23:16, 05/01/2019

Cramer's week ahead: A red-hot market, and Uber's IPO "We've got a runaway freight train of a market and I'd love to see the darned thing cool off for more than a session or two," the host said....
16:48, 05/03/2019

Uber parties for IPO were so wild an employee had to resign Hopefully Uber drivers on duty skipped these alcohol-fueled company parties. In-house bashes on the day the company went public reportedly got so out of hand that one was shut down and another employee was forced to resign after a drunken outburst, a...
09:32, 05/18/2019

Like Uber, But For Organs: First Kidney Delivered By Drone A kidney needed for transplantation has been delivered by a drone for the first time ever, the University of Maryland Medical Center said, a development that could herald faster and safer organ......
21:16, 05/01/2019

Eyeing IPO riches, Uber drivers go on strike in U.K. and U.S. Uber drivers in London and New York started a day of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut....
09:32, 05/08/2019

New Uber feature to silence drivers - but it comes at a price It is well-known that taxi drivers often like to chat with their customers, but if you prefer a quieter journey, then ride-hailing app Uber has the answer....
09:48, 05/17/2019

Mendoza lays out welcome mat for Uber, but drivers are yet to arrive Unlike in Buenos Aires City, the innovative ridehailing firm was welcomed by the provincial authorities in Mendoza with open arms. But while Uber was a runaway success in the capital, takeup has been slightly slower in wine country...
06:00, 05/04/2019

Uber drivers in UK cities strike over pay and conditions Drivers to take part in global protest on eve of ride-hailing app’s flotation on stock marketHundreds of Uber drivers in Britain are to go on strike as part of an international protest against pay and conditions on the eve of the ride-hailing app’s s...
16:32, 05/07/2019

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 ...
02:16, 05/05/2019

Uber goes into reverse as first day stock price disappoints Stock traded considerably lower than $100bn the ride-hailing app had hoped to achieveUber’s hopes of a surge in the price of its shares have fallen flat, as investors gave the taxi-hailing app’s eagerly anticipated stock market float a frosty recepti...
12:48, 05/10/2019

Uber and Lyft stop accepting new drivers in NYC Uber and Lyft have stopped hiring new drivers in New York City, due to a newly-passed law aimed to tamp down on an already oversaturated rideshare market. Politico reported that Uber stopped accepting new driver applications on April 1, with Lyft fol...
19:16, 04/29/2019

Uber's first investors open up about their wild ride Mike Walsh was busy trying to manage his doomed software company in 2009 when he agreed to take a 15 minute meeting with a little-known figure in the tech industry named Ryan Graves....
09:48, 05/10/2019

Uber driver accused of being a Somali war criminal An Uber driver with a near-perfect five-star rating has just been outed as an accused Somali war criminal who carried out acts of torture, according to a new report. Yusuf Abdi Ali — an alleged military commander in Somalia’s civil war in the 1...
06:16, 05/15/2019

Uber drivers plan protest over pay ahead of IPO Uber Technologies Inc's drivers in six U.S. cities are planning to shut their apps for 12 hours on May 8 to protest against low wages and working conditions, two days ahead of the company's expected market debut....
15:16, 04/29/2019

US$84 billion? Uber is set to hit the road in this year's biggest IPO Ride-hailing company entered the final stretch of the ultimate capital-raising exercise on Friday, when it disclosed details of an initial public offering that could bring set its value at around US$84 billion....
09:00, 04/29/2019

Uber and Lyft stop hiring new drivers in NYC Both Uber & Lyft have placed a hold on new drivers in New York City. Buzz60’s Natasha Abellard has the story.        ...
10:48, 04/30/2019

Why Uber Drivers Will Strike Around the World on Wednesday We’re just days out from Uber making its multibillion-dollar move to the New York Stock Exchange and thousands of drivers from around the world are preparing to launch a series of strikes protests on Wednesday in an effort to fight for better pay and...
13:16, 05/07/2019

Uber starts trading at $42 a share, 6.7% below IPO price Uber Technologies Inc's stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. market debut since Facebook Inc seven years ago....
12:00, 05/10/2019

Uber and Lyft drivers are striking over pay and job security Ridesharing drivers for have acted on promises to go on strike over labor conditions. Workers for Uber, Lyft and other companies in 10 cities (including Chicago, New York City and LA) are staging actions to demand better pay and job security. The e...
10:00, 05/08/2019

Disgruntled Uber drivers turn off apps The best ride-hailing app in the world is useless if it can't connect you with a vehicle, something customers often discover after last call at an out-of-the-way bar or arrival at a sparsely populated vacation spot....
21:48, 05/09/2019

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....
05:16, 05/09/2019

Uber Leaning Toward Pricing Shares at $45 Apiece The landmark IPO of ride-hailing firm Uber is expected to price later Thursday as investors weigh a broader stock-market decline and the struggles of rival Lyft’s shares....
13:48, 05/09/2019

Uber’s IPO nightmare gets worse as stock tanks again Uber’s nightmare debut as a public company continued on Monday, with the ride-hailing giant’s stock plunging more than 10 percent after a disastrous kickoff on Friday. Shares of the San Francisco-based app were recently off $4.20, or 10.1 percent, at...
09:48, 05/13/2019

How Uber Aims To Move Things Around The World Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding businesses such as freight forwarding, food delivery and......
20:48, 05/09/2019

Here's why the Uber, Lyft protests might not even work Despite the call form organizers to stop using ride-sharing apps, people could still take Ubers, Lyfts during national protests.        ...
15:32, 05/08/2019

Uber CEO expects further pressure as shares add to losses, down 12% Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market debut, and its chief executive officer said he expected the stock to remain under pressure in the coming months....
15:48, 05/13/2019

Drivers Lead Protests Ahead of Uber IPO Drivers for ride-sharing companies protested Wednesday, saying companies such as Uber Technologies and Lyft have failed to pay drivers a living wage....
14:32, 05/08/2019

Uber Set to Price IPO at Midpoint of Target Range or Below Uber Technologies is on track to price its initial public offering at the midpoint of its target or below, according to people familiar with the matter, following a big stock-market drop and the disappointing debut of rival Lyft....
12:32, 05/08/2019

Uber drivers protest, but $9 billion IPO rides on Despite calls for strikes by Uber drivers, there was little initial evidence of a lack of drivers in London or New York, two of Uber’s largest markets, with the app showing numerous rides available. ...
13:16, 05/08/2019

Amazon is backing Uber Eats rival Deliveroo in the UK Amazon's restaurant delivery service in the UK folded in late 2018, because it couldn't keep up with rivals like Deliveroo. Now, the corporation is subscribing to the old adage "if you can't beat 'em, join 'em" by becoming De...
12:00, 05/17/2019

Uber, Like Other 'Unicorns,' Began Its IPO Path After the Financial Crisis Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and cloud computing....
12:16, 05/09/2019

The Latest: Uber gets a cold embrace on Wall Street NEW YORK (AP) — The Latest on ride-hailing giant Uber’s initial public stock offering (all times local): 1:36 p.m. Uber’s transition to becoming a publicly traded company is landing with a thud, but it’s not the first to experience ...
11:48, 05/10/2019

Uber & Lyft have stopped accepting new NYC drivers, report says Both Uber & Lyft have placed a hold on new drivers in New York City. Buzz60’s Natasha Abellard has the story.        ...
09:16, 04/30/2019

Ride-hailing firm Uber steps on the gas as IPO looms Ride-hailing service Uber is going public on Friday, and it's been billed as one of the largest IPOs in the history of the New York Stock Exchange. But the company's high losses have many questioning the move....
08:48, 05/09/2019

Uber rang in IPO with champagne and mimosas. Then the hangover began. Uber's IPO celebrations were boozed-filled benders and occasionally got out of control, hearkening back to the company's culture under ousted CEO Travis Kalanick....
19:48, 05/17/2019

Uber's market debut sours most anticipated IPO since Facebook Uber Technologies Inc's conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would weig...
17:00, 05/10/2019

Uber makes long-awaited IPO by trading at $42 per share Ride-share company Uber made its long-awaited initial public offering Friday -- with an initial list price of $45 per share, which fell to $42 by the start of trading on the New York Stock Exchange....
11:32, 05/10/2019

As WeWork's Losses Mount, It Aims to Distance Itself From Uber As WeWork heads toward an initial public offering, its ebullient chief executive believes it shouldn’t be lumped in the same category as massively money-losing companies like Uber and Lyft....
17:32, 05/15/2019

Uber and Lyft Cut Off Hiring of New Drivers in NYC as New Regulations Appear to Work Lyft and Uber are halting onboarding for new drivers in New York City following last year’s historic vote that lifted the wage minimum for drivers ride-hailing companies late last year, Politico reported Monday.Read more......
11:48, 04/30/2019

Uber takes IPO roadshow to New York as demand builds up Uber Technologies Inc CEO Dara Khosrowshahi and his top management team took the ride-hailing giant's investor roadshow for its initial public offering to New York on Tuesday, as demand for its shares already exceeded supply....
14:16, 04/30/2019

Uber and Eight Other Once-Small Startups Are Now Worth a Combined $250 Billion Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and cloud computing....
15:48, 05/09/2019

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....
12:16, 05/17/2019

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 an...
04:48, 05/22/2019

U.S. Ride Share Drivers Will Strike On May 8th Ahead of Uber IPO Uber and Lyft drivers in major U.S. cities have united to strike during peak hours on Wednesday May 8th for two hours from 7AM to 9AM local time, according to a report from Autoblog. Cities which may see rush hour even more rush-y include New York, S...
15:32, 05/04/2019

Uber shifts into lower gear, prices IPO at $45 per share SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world’s leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing ...
14:32, 05/09/2019

Amazon squares up to Uber with backing for UK food app Deliveroo Amazon has taken a stake in British online food delivery company Deliveroo, leading a $575 million fundraising to pit itself against Uber Eats in the global race to dominate the market for takeaway meals....
04:48, 05/17/2019

Short-term markets are putting Uber in trouble Uber's rise until now has been fueled by investors' willingness to subsidize a big market buildout. But post-IPO, the company is being hit by new realities.Read More...
07:32, 05/16/2019

Uber shares likely to fall in stock market debut Uber Technologies Inc shares are likely to open below their initial public offering price of $45 in their long-awaited market debut on Friday, early price indications showed....
12:00, 05/10/2019

UK Drivers to Stage Massive Strike Coinciding With Uber's IPO Rideshare drivers across the Atlantic have plans to sign off the Uber app and spend their time protesting in four major metro areas. The message, coordinated around Uber’s plans to go public, is a clear rebuke of the company’s IPO plan, which will ma...
10:16, 05/03/2019

Uber Is 'Worth' Twice As Much As Ford Because That's the Insane World We Live In Now Every high school economics teacher tells their students—or should, at least—that the entire field depends on the assumption that people act rationally. This is not because people aren’t stupid—good Lord, are people stupid—but because it’s more conve...
10:32, 05/10/2019

Uber’s $82 billion valuation underwhelms in most-anticipated IPO since Facebook Uber priced its IPO at the low end of its target for a valuation of $82.4 billion, an underwhelming result for the most anticipated IPO since Facebook.Read More...
10:32, 05/10/2019

It Looks Like Uber's Sleazy Approach to Driver Lawsuits Could Be Backfiring Uber has had what can best be characterized as a shitstorm of scandals in its decade-long run, and that isn’t even including any misconduct kept out of the public eye thanks to forced arbitration. Hiding those scandals appears to be turning into a co...
15:48, 05/08/2019

RPT-Cashing out in Uber's IPO: China, Russia and the Middle East In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and navigate the Chinese regulatory environment....
01:16, 05/10/2019

Drivers Start Strikes Ahead of Uber’s Blockbuster I.P.O. A walkout by Australian drivers began a series of planned work stoppages around the world to protest wages and work conditions of ride-hailing services....
02:48, 05/08/2019

5 ways Uber changed our lives as company IPO arrives Even with questions lingering about its finances as its IPO arrives, this much is settled: Uber has forever altered the way we travel, talk and work.        ...
21:48, 05/09/2019

Uber IPO: the rich people who will get even richer when the company goes public The ride-hailing app will have one of the largest initial public offerings in history on 10 MayThey are the spoons full of sugar that make the bitter taste of capitalism go down. When billion-dollar technology startups go public, the media tends to d...
06:16, 05/08/2019

Uber and Lyft drivers on two-hour strike Wednesday Uber and Lyft drivers in New York will participate in a two-hour strike on Wednesday morning as part of a nationwide protest of Uber's treatment of mobile app drivers.        ...
06:48, 05/08/2019

Uber Drivers’ Day of Strikes Has Muted Start Before Company’s Big I.P.O. Drivers for the ride-hailing company in Australia and Britain began a series of planned work stoppages to protest ride-hailing companies’ wages and work conditions of ride-hailing services....
09:32, 05/08/2019

Uber’s Twisted Logic Means This Isn't a Strike. It's a Boycott Today, many Uber and Lyft drivers in major cities across the country are striking to protest their pay and working conditions, in large part because they’re classified as independent contractors instead of employees. But Uber doesn’t think of its dri...
09:32, 05/08/2019

Uber and Lyft drivers strike for better transparency about how much they’re paid Ride-hailing drivers began striking and demonstrating in multiple cities, starting on the East Coast. Despite some drivers in New York City logging off between 7 a.m. and 9 a.m., few riders appeared to be complaining on social media about any problem...
14:32, 05/08/2019

Count Goldman's Millionaire Clients as Big Winners on Uber Wealthy clients of Goldman Sachs will emerge with deeply discounted stakes in Uber when it goes public this week, placing them among the biggest winners....
12:32, 05/08/2019

Lyft share price crash sucks the air out of Uber’s IPO Expectations of the valuation investors are likely to put on Uber when it lists are falling in line with the shares of its closest competitor that beat it to public ownership....
11:00, 04/28/2019

Uber, Lyft say they help ease traffic congestion. New study says otherwise. Ride-sharing services like Uber and Lyft have become popular by offering a convenient alternative to crowded public transportation and stressful city driving. But a new study conducted in San Francisco adds to a growing body of evidence suggesting th...
17:48, 05/08/2019

BlackRock, Other Big Investors Spoil Uber's Coming-Out Party Uber Technologies grew to be the nation’s most valuable startup thanks to support from some of the biggest investors around, but that support became a liability when the ride-hailing giant made its stock-market debut....
10:48, 05/19/2019

The answer to Uber's profit challenge? It may lie in its trove of data Over the past two years, Uber Chief Executive Dara Khosrowshahi has used his peace-making and political skills to settle battles with lawmakers and rivals and endear himself to employees who had suffered through a wretched period of corporate scandal...
04:32, 05/09/2019

Uber to price blockbuster IPO against grim market backdrop Uber Technologies Inc will price its initial public offering on Thursday, the most high-profile U.S. listing since Facebook Inc seven years ago, against a backdrop of turbulent financial markets and the plunging share price of its U.S. rival Lyft Inc...
04:32, 05/09/2019

Uber makes its hotly anticipated public debut Ride-hailing giant Uber will begin life as a public company Friday, under pressure to start trading strongly after conservatively pricing its initial public offering. The start of trading comes after Uber on Thursday priced its IPO at $45 per share, ...
08:16, 05/10/2019

Indian Drivers Face The Heat As Uber Plans IPO As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives......
03:16, 05/09/2019

Uber adds London's public transportation info to its app Londoners can now compare their public transport and ridesharing options in the Uber app. Tuesday, the company added real-time Underground, bus, train and Docklands Light Railway (DLR) info to a new "Public Transport" feature, which appears next to t...
17:00, 04/29/2019

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....
09:48, 05/21/2019

‘We’re not robots’: Uber and Lyft drivers protest in San Francisco Uber and Lyft drivers staged demonstrations in major cities nationwide May 8. Drivers in San Francisco demanded more compensation as ride-hailing companies go public....
19:32, 05/08/2019

Cashing out in Uber's IPO: China, Russia and the Middle East In 2015, Uber Technologies Inc went on a fundraising spree in China, tapping venture capitalists and state-backed corporations for cash and connections to try and navigate the Chinese regulatory environment....
00:00, 05/10/2019

What the Strike Ahead of Uber’s IPO Exposes About American Inequality The instant Uber shares start trading on the New York Stock Exchange Friday, lots of people and groups are going to make millions—and in some cases billions—of dollars. They include Travis Kalanick, the company’s co-founder and ex-C...
11:16, 05/07/2019

Uber, Lyft drivers strike during rush-hour Uber and Lyft drivers participated in a two-hour strike on Wednesday morning as part of a nationwide protest of Uber's treatment of drivers.        ...
11:32, 05/08/2019

SoftBank shares come under pressure after Uber's rough first day of trading Shares of Japanese conglomerate SoftBank Group came under pressure in Monday's trading session following the large losses seen on ride-hailing giant Uber's debut day last Friday....
00:00, 05/13/2019

Uber drivers are contractors, not employees, U.S. labor agency says Drivers for ride-hailing company Uber Technologies Inc are independent contractors and not employees, the general counsel of a U.S. labor agency has concluded, in an advisory memo that is likely to carry significant weight in a pending case against t...
17:00, 05/14/2019

‘Quiet Mode’ is now an option for Uber rides, but there’s a catch The idea of a “Quiet Mode” in Uber — which actually started out as a meme a few years ago — has now become a reality. According to the company, Uber passengers now have the ability to request a quiet ride, which is to say that...
22:00, 05/15/2019

Uber’s IPO bombs, has worst debut for marque name in a decade Uber’s IPO is officially a bust. The ride-hail giant finished its first day of trading on the New York Stock Exchange down nearly 8 percent — making it the worst IPO for a marque name in at least a decade. After pricing its shares at $45 a share Thur...
00:16, 05/11/2019

Investor group demands changes to Uber's board ahead of IPO Investor group CtW called for the removal of John Thain from Uber's board and said the board's composition "falls short of best practices."...
02:00, 05/02/2019

Uber now lets premium riders opt out of conversations with drivers Uber is rolling out a bunch of new features for Uber Black premium riders, including the ability to request "quiet time" and help with luggage.Read More...
02:48, 05/15/2019

Beyond Meat shares spike another 14%, leaving Uber in the dust after IPO Shares of Beyond Meat, which makes plant-based meat substitutes, surged more than 14% on Tuesday, adding to their stellar start in the public market....
13:48, 05/14/2019

Uber Faces Class-Action Suit in Australia Uber Technologies is alleged to have destroyed livelihoods and operated in Australia illegally, in a lawsuit brought by thousands of taxi and limousine drivers, broadening legal challenges ahead of one of the biggest initial public offerings this yea...
02:00, 05/03/2019

Uber kicks off IPO roadshow with secret meeting in London Uber Technologies Inc. chief executive Dara Khosrowshahi sought to persuade money managers in London that the loss-making ridesharing firm’s growth plans justified a valuation of up to $91.5 billion in an initial public offering (IPO). In the ballroo...
04:00, 05/02/2019

Denver Uber users can buy public transit tickets in the app Uber customers in Denver can now use the app to purchase transit tickets. This makes Denver the first city in the world to get the added capability, but it won't be the last. It's all part of Uber's goal to make the platform a one-stop...
10:48, 05/02/2019

Uber's High-Profile IPO Upsets With Weak Debut Uber skidded into the public markets, falling 7.6% below the ride-hailing giant’s already conservative offering price in a bleak debut for the nation’s most valuable startup....
02:16, 05/11/2019

Uber’s London Taxi Rival Will Cost You Peanuts Carlyle must be hoping that some of Uber’s magic valuation dust rubs off on Addison Lee. The investment has been difficult for the private equity firm....
00:48, 05/03/2019

Australian taxi drivers sue Uber over 'illegal operations' A law firm has filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world's largest ride-hailing company of operating illegally and harming them financially....
20:16, 05/02/2019

Uber's IPO went off amid outcry over labor conditions and wages Uber's much-anticipated IPO happened this morning, with shares hitting the New York Stock Exchange under the symbol UBER. The IPO raised $8.1 billion, with shares set at $45 and the company valued at $82.4 billion. This comes amid outcry over Ub...
00:48, 05/11/2019

Uber and Lyft Confront High Driver Turnover Uber and Lyft are banking on a future where ever-more riders rely on ride-hailing. But that future assumes the companies will be able to accomplish something pretty difficult—finding enough drivers....
13:00, 05/12/2019

Uber is testing PIN-based pickup at the Portland airport Finding your Uber at a crowded arrivals curb while several other passengers are doing the same can be daunting. To help alleviate that pain, Uber is piloting a PIN feature today at Portland International Airport in the hopes of cutting down on length...
11:00, 05/13/2019

Uber's IPO caps an era of mediocrity and small thinking in Silicon Valley The Uber IPO caps an era characterized by big investments in relatively small ideas and a stubborn unwillingness to grapple with the world's real problems....
06:00, 05/11/2019

Uber treads cautiously with $82.4bn valuation ahead of market debut Uber has priced its initial public offering at $45 (£34.50) a share, meaning the ride-hailing company now has a valuation of $82.4bn (£71.1bn)....
21:16, 05/09/2019

Uber now reminds riders to check for cyclists before opening their door Uber will soon roll out push notifications that indicate when riders' drop-offs are near bike lanes, giving them ample time to check for oncoming cyclists.Read More...
08:32, 05/15/2019

Ride-hailing firm Uber sees rocky start in IPO Ride-hailing service Uber went public on Friday, and the event had been billed as one of the largest IPOs in the history of the New York Stock Exchange. The shares did not start the day well....
10:16, 05/10/2019

UPDATE 2-Uber drivers are contractors, not employees, U.S. labor agency says A U.S. labor agency has concluded that ride-hailing company Uber Technologies Inc's drivers are independent contractors and not its employees, which could prevent them from joining unions....
13:48, 05/14/2019

How Corporate Delusions of Automation Fuel the Cruelty of Uber and Lyft As drivers around the world went on strike just days before Uber’s IPO, they shared harrowing stories of being overworked and underpaid, subjected to a frustratingly opaque payment system, and even sleeping in their cars in order to save enough money...
23:00, 05/09/2019

Report: Many Uber, Lyft drivers fail to respond to recalls NEW YORK (AP) — One in six Uber and Lyft drivers in the New York City and Seattle areas are driving vehicles with outstanding recalls, according to Consumer Reports. But taking a taxi or limousine isn’t necessarily a safer option. Nearly a quar...
14:00, 05/21/2019

Amazon has been quietly running an 'Uber for trucking' service since last year It's Amazon's first foray into the freight brokerage space, which includes major competitors like Uber Freight, C.H Robinson, and XPO Logistics....
10:48, 04/30/2019

Rich Uber Passengers Can Now Demand Silence From Their ‘Contractor’ Drivers Through the App Congratulations to Uber, a company currently valued at $67 billion by the stock market that has never made any money and lacks a viable business model, for finding another new and novel way to dehumanize its workforce....
11:00, 05/15/2019

Uber's High Profile Stock Market Debut Disappoints ber had considered going public for at least four years. Yet the ride-hailing company picked a week for its IPO plagued by market turbulence fuelled by US-China trade worries....
11:16, 05/11/2019

Uber’s graph expert bears the scars of billions of trips One of Uber's experts in building knowledge graphs, Joshua Shinavier advises fellow data scientists that "real data is messy, but the fact is, if you want to build an enterprise knowledge graph, you have to deal with it."...
16:32, 05/08/2019

Uber drivers are contractors, not employees, U.S. labor relations board says Drivers of ride-hailing company Uber Technologies Inc's were independent contractors and not its employees, the U.S. National Labor Relations Board said in a memo....
13:48, 05/14/2019

Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Francisco-based Uber was set to begin trading on the......
01:32, 05/10/2019

Uber Outlines First-Quarter Results After Cutting Valuation Target Uber moved its target valuation lower, setting a range of about $80.5 billion to $91.5 billion for its initial public offering, and gave hungry investors a look at its first-quarter financials....
15:00, 04/28/2019

Mexico unveils plans to withhold taxes from Uber and other drivers Mexico's Finance Ministry on Monday laid out plans to withhold taxes from drivers for ride-hailing and food delivery technology firms such as Uber Technologies Inc, Rappi and Cabify....
12:00, 05/20/2019

Congratulations to Uber, the Worst Performing IPO in U.S. Stock Market History Rideshare unicorn Uber doesn’t do anything small. When it was in the game of raising money, it raised close to $25 billion. When it loses that money—and it does every single quarter—it loses it at astronomical burn rates. It finally debuted on the Ne...
17:32, 05/10/2019

Uber drivers set to protest around the world ahead of the company's $90 billion IPO Drivers are also expected to stage protests against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Francisco....
03:00, 05/08/2019

SoftBank's Vision Fund Poised to Reap Big Uber Gain SoftBank’s Vision Fund, the world’s largest technology investor, is set to be a big winner on Uber’s blockbuster IPO this week, with a paper profit of roughly $3 billion in about 16 months....
03:00, 05/08/2019

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 drive...
13:00, 05/21/2019

Uber, Lyft drivers plan strikes in major cities Ride-hailing drivers in Boston, Los Angeles, New York, San Francisco and other large cities said they would participate in the strike on Wednesday and encouraged users to boycott the apps as well....
05:00, 05/08/2019

Bhairavi Desai On Why the Uber and Lyft Strikes are the Future of Labor On Wednesday, drivers for Uber, Lyft, and lesser-known services like Via and Juno will sign out of their apps and stop picking up passengers as part of a global strike against these companies’ abysmal treatment of drivers. The duration of these st...
12:48, 05/08/2019

Uber set to debut on NYSE, under pressure to avoid Lyft debacle Ride services giant Uber Technologies Inc will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering....
04:16, 05/10/2019

US briefing: China trade war, Uber IPO and fake heiress sentenced Friday’s top story: Beijing vows to retaliate as Trump administration imposes 25% tariffs. Plus, what happened after half a tonne of cocaine washed up on a small islandSubscribe now to receive the morning briefing by email.Good morning, I’m Tim Walke...
05:32, 05/10/2019

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...
13:00, 05/08/2019

'They treat us like crap': Uber drivers feel poor and powerless on eve of IPO Wage cuts and inadequate bonuses mean drivers are left behind as ride-hailing firm prepares for stock market debutA lot of very rich people will get even richer when Uber goes public on 9 May in one of the most anticipated initial public offerings (I...
04:00, 05/07/2019

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 t...
00:16, 05/12/2019

Lyft shares hit record low, piling pressure on Uber ahead of IPO Lyft Inc's stock slumped nearly 11% on Wednesday to a record low after the ride-hailing company posted a deep quarterly loss, putting pressure on Uber Technologies Inc as it prepares to price its initial public offering....
13:32, 05/08/2019

UPDATE 4-Uber drivers are contractors, not employees, U.S. labor agency says Drivers for ride-hailing company Uber Technologies Inc are independent contractors and not employees, the general counsel of a U.S. labor agency has concluded, in an advisory memo that is likely to carry significant weight in a pending case against t...
16:48, 05/14/2019

Uber strike London: Why are drivers striking? How long will the boycott last? Hundreds of Uber drivers are expected to stage protests in cities across the UK tomorrow ahead of the rideshare firm's bumper stock market flotation this week....
13:32, 05/07/2019

SoftBank Group shares tumble as Uber prices IPO at lower end Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at the low end of the targeted range....
04:16, 05/10/2019

Rush-hour Uber and Lyft driver strike was a flop in NYC Ride-hailing strike? What ride-hailing strike? A driver strike that was planned for the Wednesday morning rush hour against ride-sharing services like Uber and Lyft appeared to be a flop in New York City, as cars appeared plentiful and surge pricing ...
08:16, 05/08/2019

One Country's Uber-Convenient, Incredibly Invasive Digital ID System Residents of Estonia use their digital identities to vote, fill prescriptions and start businesses. Proponents say the system solves one of the internet’s thorniest issues, but cybersecurity and privacy advocates have raised concerns....
12:16, 05/09/2019

Uber sued for 'hundreds of millions' in Australian class action Uber is no stranger to lawsuits on any continent, but a new class action filing from four Australian states looks set to become one of the largest in the country's history....
06:00, 05/03/2019

Uber shares will be overvalued the day they go public, growing number of skeptics say While Uber's IPO is drawing big-name buyers, there's a rising chorus of voices saying the world's biggest ride-hailing company is overvalued....
11:16, 05/01/2019

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....
07:16, 05/17/2019

Drivers group plans work stoppage ahead of Uber IPO NEW YORK (AP) — An organization representing for-hire drivers in New York City says its members will go on a two-hour strike against Uber and Lyft ahead of Uber’s planned initial public stock offering. The New York City Taxi Workers Alliance sa...
14:32, 05/03/2019

Uber fizzles in Wall Street debut, opens below $45 IPO price Uber Technologies Inc's shares made a disappointing market debut on Friday, marking a rocky start for the most anticipated initial public offering of the year as other high-profile startups such as Slack and WeWork look to go public....
12:00, 05/10/2019

Ride-hailing drivers in New York to strike ahead of Uber IPO Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said on Friday....
15:16, 05/03/2019

Lyft, Uber drivers planning worldwide strike next week New York drivers for Uber, Lyft and other ride-sharing apps will be joining colleagues from across the globe by briefly going on strike Wednesday to demand better job security, and higher wages....
15:32, 05/03/2019

Uber, Lyft Get Creative, but Investors Aren't Blind to Losses Uber, Lyft and other big startups have touted their new business models that disrupt old industries but lose historic amounts of money. To try to win over investors, they have also come up with unusual alternatives for measuring their performance. So...
04:16, 05/14/2019

Australian Taxi Drivers Sue Uber Over Wages They Say Its Arrival Cost Them In their lawsuit, the drivers accuse the ride-hailing giant of operating illegally in the country and of destroying their livelihoods. Uber denied the allegations....
11:32, 05/03/2019

Uber stock rises after NLRB rules drivers are not employees Uber drivers who are agitating for full-time employee status face a lengthy stretch ahead. Shares of the ride-hailing giant rose 3.3% on Wednesday, a day after the National Labor Relations Board ruled that Uber drivers are contractors, not employees....
04:16, 05/16/2019

French ride-hailing app Kapten to launch in London, take on Uber French ride-hailing app Kapten, formerly called "Chauffeur Prive", has won approval from Transport for London to launch its services in the British capital and take on the likes of Uber as well as the city's historic black cabs....
03:32, 05/16/2019

Uber closes down 7.67%, putting chill on big IPO year for tech stocks Uber performed a historic face plant on its first day of trading. Now the stable of unicorns hoping to IPO this year will have to see the fallout.Read More...
16:48, 05/10/2019

Mexico tax plan for Uber creates friction among ride hailing firms Mexico on Monday detailed plans to withhold tax from drivers for ride-hailing and food delivery firms such as Uber Technologies Inc and Rappi, but China's Didi said it would not take part in the arrangement, sparking friction within the industry....
14:48, 05/20/2019

Uber, Lyft drivers in New York, other cities set to strike for two hours Wednesday Drivers in seven other U.S. cities, as well as London, will participate in the stoppage, aimed at getting more job security and other improvements.        ...
09:48, 05/07/2019

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......
03:32, 05/21/2019

New York's Rideshare Organizers Clash Amid Unprecedented Uber Strike Long Island City—Just days before Uber’s expected debut on the stock market at a conservative but still-astronomical $80 to $90 billion valuation, the anger among rideshare drivers boiled over into an international day of action.Read more......
15:48, 05/08/2019

Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc....
16:48, 05/09/2019

Uber and Lyft drivers going on strike in at least 8 cities to protest low wages, job insecurity Uber and Lyft drivers in cities across the country plan to strike Wednesday to protest low pay among several other labor concerns. The strike is timed to coincide with Uber’s IPO filing on Friday. The flashiest new tech stock to hit the market, Uber ...
05:48, 05/08/2019

Uber's 'future is bright' despite dismal market debut, says former GM exec Bob Lutz Investors should pay attention to investments from Uber that will create huge profits like self-driving technology, former GM executive Bob Lutz says....
08:32, 05/13/2019

Uber and Lyft strikes: US drivers stop taking rides in protest over pay Actions in Los Angeles, New York, San Diego and PhiladelphiaStoppages vary from two hours to whole dayRideshare drivers are striking and protesting in major cities across the United States, with many participating in a 24-hour strike of the Uber and ...
09:00, 05/08/2019

UPDATE 1-Eyeing IPO riches, Uber drivers go on strike in UK ahead of U.S. action Uber drivers in Britain started a day of transatlantic strikes on Wednesday to protest at the disparity between gig-economy conditions and the sums investors are likely to make in Friday's blockbuster stock market debut....
03:48, 05/08/2019

UPDATE 6-Uber valued at $82 bln in IPO as market jitters, Lyft woes weigh Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc....
16:48, 05/09/2019

Wrong-way driver smashes into Uber inside Queens-Midtown Tunnel Harrowing dashcam video shows the moment an unlicensed driver speeding in his daddy’s car slammed into a vehicle inside the Queens-Midtown Tunnel, seriously injuring two people, according to authorities and sources. Jorje Beato, who only has a ...
14:48, 05/09/2019

Uber, Lyft driver strike latest move to organize gig workers PROVIDENCE, R.I. (AP) — A strike by Uber and Lyft drivers in cities across the United States this week caused barely a ripple to passengers looking to catch a ride, highlighting the challenges in launching a labor movement from scratch in an industry...
14:32, 05/09/2019

With Uber’s I.P.O., Dara Khosrowshahi Is Taking Travis Kalanick’s Company Public The C.E.O. wants to prove that the start-up has evolved past a raucous, and profligate, tech-bro culture. But Uber’s past is simply not that far gone....
11:32, 05/03/2019

Uber, Lyft’s huge capital have created duopoly in rideshare market Even if another rival dared enter the market, it would likely be difficult to raise enough money to pose a viable threat after Uber and Lyft spent the past decade pulling in billions of dollars from venture capitalists....
16:16, 05/11/2019

Uber offers shares for $45 in long-awaited Wall Street debut Ride-sharing giant Uber will make its long-awaited debut on Wall Street Friday, where it's expected to become one of the most valuable companies to ever go public....
05:32, 05/10/2019

Uber faces lawsuit by Australian taxi drivers for 'illegal operations' A law firm filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world's largest ride-hailing company of operating illegally and harming them financially....
03:16, 05/03/2019

Lyft hits record low as Uber slumps in Wall Street debut Lyft Inc's stock slumped to a record low on Friday as Uber Technologies, another company hemorrhaging billions of dollars, fell in its Wall Street debut....
12:00, 05/10/2019

Cramer: Markets could roar after we get past Friday's Uber, tariff gauntlet Even if the Uber IPO gets botched and the world's largest economies do not come to a trade truce on Friday, the market will remain in decent shape at the end of the week, Cramer said....
15:48, 05/08/2019

Uber drivers go on strike in London and U.S. ahead of IPO, early protests sparse Uber drivers in London and major U.S. cities held a series of strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut....
04:32, 05/09/2019

Lyft's Disappointing Debut Looms Large in Uber's Impending Mega-IPO As Uber Technologies Inc. gears up for its landmark IPO, the ride-sharing company and its underwriters are trying to avoid the pitfalls that soured the debut of its smaller rival Lyft Inc....
16:32, 05/05/2019

UPDATE 2-Slack listing planned for June 20 in wake of underwhelming Uber IPO Slack Technologies, the owner of the workplace instant messaging app, plans to go public on June 20, the company said on Monday, a test of investor appetite for loss-making technology stocks in the wake of Uber Technologies Inc's underwhelming market...
12:16, 05/13/2019

Uber sued by thousands of Australian taxi drivers in class action An Australian law firm has filed a class action against Uber Technologies Inc on behalf of thousands of taxi and chartered drivers in Australia, accusing the world's largest ride-hailing company of operating illegally and causing them financial harm....
17:00, 05/02/2019

Uber CEO Warns Staff of ‘Tough Public Market Times’ After Underwhelming IPO (Bloomberg) — Uber CEO Dara Khosrowshahi, in an email to staff Monday, acknowledged Uber’s rocky trading debut, while at the same time saying that tech giants Facebook and Amazon also faced difficulties after listing. “Obviously our...
11:48, 05/13/2019

Defiant Uber co-founder Kalanick shows up for stock market premiere Travis Kalanick, the co-founder of Uber Technologies Inc who stepped down as CEO in 2017 amid a string of scandals, showed up for the ride-hailing giant's stock market debut on Friday even though Uber had not invited him to join executives on the bal...
12:00, 05/10/2019

Uber workers told to ignore 'pessimistic voices' as shares slide CEO defiant in email but downward spiral continues after stock market debut The chief executive of Uber has urged employees to ignore “pessimistic voices” after shares in the company slumped again on their second day of trading since Friday’s disappo...
12:00, 05/13/2019

Uber Hit With Australia Class Action Lawsuit Ahead of Stock Listing Uber on Friday faced another legal bump on the road to its blockbuster initial public offering, with taxi drivers launching a class action lawsuit in Australia....
02:32, 05/03/2019

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 ...
08:48, 05/09/2019

REFILE-Ride-hailing drivers in New York to strike ahead of Uber IPO Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said on Friday....
21:16, 05/03/2019

UPDATE 1-Ride-hailing drivers in New York to strike ahead of Uber IPO Uber Technologies Inc's drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said on Friday....
21:16, 05/03/2019

Report: Accused Somali War Criminal Living in the US Drove for Uber and Lyft Former Somali military commander and accused war criminal Yusuf Abdi Ali has been facing a civil lawsuit in Virginia over allegations of “gross human rights abuses” in the separatist region of Somaliland in the 1970s and 1980s, during the reign of U....
05:16, 05/15/2019

The Uber drivers forced to sleep in parking lots to make a decent living A growing group who commute from places as far as eight hours away spend the night in their cars to pick up fares around San Francisco during the dayEvery Saturday morning before the sun rises, 35-year-old Uber driver Sultan Arifi rolls up the sleepi...
22:32, 05/07/2019

Uber class action: taxi and hire-car drivers join lawsuit against company Uber defends service, saying governments across Australia have recognised the concept of ridesharingA class action filed on behalf of thousands of taxi and hire-car drivers against Uber alleges the global rideshare company operated illegally in Austr...
00:48, 05/03/2019

Uber drivers go on strike in London and New York ahead of IPO, early protests sparse Uber drivers in London and New York started a series of multi-city strikes on Wednesday to protest the disparity between gig-economy conditions and the sums that investors are likely to make in Friday's blockbuster stock market debut....
13:32, 05/08/2019