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international business
Uber sets sights on delivering profits in 2023 as pandemic pain eases
FILE PHOTO: An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake/File Photo
international business
Uber share surge on solid profit forecast as rideshare recovery defies inflation
FILE PHOTO: An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake/File Photo
u.s. business
Uber turns cash flow positive for the first time in bumper quarter
FILE - The logo for Uber appears above a trading post on the floor of the New York Stock Exchange, Friday, Aug. 9, 2019. Uber’s ride-hailing service continued to gain momentum in the second quarter as consumers headed back to offices and started traveling more amid an easing in pandemic restrictions. Passengers took a total of 1.87 billion trips on Uber during the spring and early summer, a 24% increase from the same time last year. (AP Photo/Richard Drew, File)
international business
Uber to reportedly scale back hiring, reduce expenditure on marketing and incentive activities
FILE PHOTO: An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake/File Photo
international business
Uber raises its first-quarter profit outlook on strong ridership, delivery growth
FILE PHOTO: An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake/File Photo
investment ideas
Uber’s expected $5-billion 2024 operating profit falls short of view, shares drop
Travelers request an Uber ride at Los Angeles International Airport's LAX-it pick up terminal on Aug. 20, 2020.
international business
Uber posts first adjusted profit but stock drops on disappointing forecast, net numbers
An Uber driver's vehicle is seen after the company launched service, in Vancouver, Friday, Jan. 24, 2020. Uber Technologies Inc. revealed more details Monday of a labour model it’s pitching Canadian provinces and territories that some worker groups are already fighting. THE CANADIAN PRESS/Darryl Dyck
international business
Uber could post its first adjusted profit this quarter as demand returns
FILE PHOTO: An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake/File Photo
u.s. business
Uber asks U.S. states to prioritize its drivers for COVID-19 vaccine
FILE PHOTO: An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', in Los Angeles, California, U.S., August 20, 2020. REUTERS/Mike Blake/File Photo
u.s. business
Uber scoops up Postmates for $2.65-billion in food delivery push
(FILES) In this file photo taken on May 01, 2020 an Uber Eats deliverer rides his scooter in a street in Lausanne amid the COVID-19 outbreak, caused by the novel coronavirus. - Uber has agreed to buy food delivery app Postmates in a multibillion dollar deal, reported Bloomberg on July 5, 2020. The San Francisco-based rideshare giant has been badly affected by the coronavirus pandemic -- cutting a quarter of its global workforce in May -- and has been looking to boost its growing food delivery service Uber Eats. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
international business
Uber to lay off 3,000 workers in second cut this month
Uber's logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez/Files
u.s. business
Uber sees ride business up from coronavirus lows in some U.S. markets
FILE - In this Nov. 15, 2019, file photo an Uber office is seen in Secaucus, N.J. Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. (AP Photo/Seth Wenig, File)
u.s. business
Uber to cut 3,700 full-time jobs; CEO to waive base salary
Uber's logo is pictured at its office in Bogota, Colombia, on Dec. 12, 2019.
u.s. business
Coronavirus exposes U.S. Uber, Lyft drivers’ lack of safety net
An Uber Eats delivery man rides a moped in Paris on March 22, 2020, as a strict lockdown comes into effect to stop spread of the COVID-19 caused by novel coronavirus in the country prohibiting all but essential outings in a bid to curb coronavirus spread. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)
u.s. business
Uber urges White House to include gig workers in coronavirus stimulus
FILE PHOTO: Uber CEO Dara Khosrowshahi gestures as he speaks during a meeting with the Economic Club of New York in New York City, New York, U.S., December 4, 2019. REUTERS/Andrew Kelly/File Photo
u.s. business
Uber open to using self-driving tech from competition, CEO Khosrowshahi says
FILE PHOTO: Uber CEO Dara Khosrowshahi speaks to the media at an event in New Delhi, India, October 22, 2019. REUTERS/Anushree Fadnavis/File Photo
technology
Uber changes course, to bring self-driving cars back to Toronto
This March 17, 2017, photo shows an Uber self-driving Volvo in Pittsburgh.