MAGICTECHNEWS.COM: World and US News 09:51, 2019-05-31

Uber reports $1B loss as revenue rises

Car sharing giant Uber has met its first quarter forecast, with a loss of $1 billion but increasing revenue and users. The losses were the result of big spending in the l...

Uber reports $1B loss as revenue rises

Source: dw.com

Uber reports $5.2B net loss in Q2, revenue up 14% The ride-hailing company said the large net loss reflected $3.9 billion of stock-based compensation expenses related to its initial public offering. ...
15:00, 2019-08-09

Uber reports $5.2 billion loss, despite rising revenue, after going public The staggering loss showed Uber is having trouble finding a path to profitability for its array of businesses — including ride-hailing, food delivery...
04:17, 2019-08-09

Uber loses $1B in Q1 as revenue rises 20% Uber’s loss in its first quarterly report as a public company affirmed the challenges the company faces while spending heavily to fend off ride-haili...
02:34, 2019-05-31

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss in its first quarterly report as a public company on Thursday, despite a 20 percent rise in revenue,...
22:34, 2019-05-30

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line wit...
23:51, 2019-05-30

UPDATE 1-Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss and a 20 percent rise in revenue in its first quarterly report as a public company on Thursday, post...
22:34, 2019-05-30

Lyft hikes revenue forecast as price war with Uber eases, ridership rises The ride-hailing company reported a sharply wider net loss in the second quarter but said ridership and revenue per rider rose during the period. ...
03:17, 2019-08-08

CORRECTED-UPDATE 2-Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line wit...
03:17, 2019-05-31

Workday quarterly revenue rises 33.4% Workday Inc reported a 33.4% rise in quarterly revenue on Tuesday, as the financial and human resources software maker enrolled more companies for it...
23:17, 2019-05-28

Apple's Revenue Rises Despite Continued iPhone Slump Apple countered another quarter of weak iPhone sales with strong revenue growth from its supporting businesses, the latest in a series of positive re...
19:51, 2019-07-31

United Tech revenue rises 17.5% on Rockwell Collins acquisition United Technologies Corp reported a 17.5% rise in quarterly revenue on Tuesday and raised its full-year profit and sales outlook, as the U.S. industr...
14:17, 2019-07-23

Ad firm Interpublic's net revenue rises 9.1% on higher client spending U.S. advertising firm Interpublic Group of Cos Inc reported a 9.1% rise in quarterly revenue on Tuesday, boosted by higher client spending worldwide....
14:17, 2019-07-23

Dell revenue rises 3% as Windows refresh spurs PC demand Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft's planned ...
00:00, 2019-05-31

Experian's quarterly revenue rises 4% on North America boost Experian, the world's biggest credit data company, reported a 4% rise in revenue on Tuesday, benefiting from higher business across automotive, healt...
08:51, 2019-07-16

Uber has 99 million active consumers on its platform in Q2, but revenue misses Uber's ability to expand its business into food delivery and freight pays off somewhat, but Lyft's more focused approach on ride sharing shows some e...
04:17, 2019-08-09

Israel's Wix.com lifts 2019 revenue outlook as second quarter profit rises Wix.com, which helps small businesses build and operate websites, reported higher than expected profit in the second quarter and raised its revenue f...
23:17, 2019-07-24

REFILE-Dell revenue rises 3% as Windows refresh spurs PC demand Dell Technologies Inc reported a 3% rise in first-quarter revenue on Thursday, as more customers upgraded their systems ahead of Microsoft's planned ...
03:17, 2019-05-31

UPDATE 1-Rogers Communications quarterly profit rises on higher subscription revenue Rogers Communications Inc on Tuesday reported a nearly 10% rise in quarterly profit, as the Canadian telecom company benefited from growth in its wir...
14:51, 2019-07-23

Israel's Cellcom swings to Q1 loss, revenue slips Israel's largest mobile phone operator Cellcom said on Tuesday it moved to a loss in the first quarter as it faced intense competition in the cellul...
09:51, 2019-05-28

UPDATE 1-Israel's Cellcom swings to Q1 loss, revenue slips Israel's largest mobile phone operator Cellcom swung to a loss in the first quarter, it said on Tuesday, blaming intense competition and price erosi...
09:51, 2019-05-28

Oil rises toward $69, but set for 2019's biggest weekly loss Oil rose toward $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising invent...
11:34, 2019-05-24

Lyft rises after Uber's CEO shows optimism about competition on the company's first earnings call Uber CEO Dara Khosrowshahi echoed his rival's optimism about the direction of the ride-sharing market on the company's first earnings call....
21:34, 2019-05-31

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises Lyft Inc posted a robust jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more ...
22:51, 2019-08-07

Uber Posts Its Largest Quarterly Loss Uber reported its largest-ever quarterly loss, weighed down by heavy competition in Latin America and elsewhere, as well as a large expense related t...
07:00, 2019-08-09

Lyft Raises 2019 Revenue Outlook, Sees Smaller Annual Loss The ride-hailing company raised its sales outlook for the year as more riders are using the service and as it appears to be curbing its heavy use of ...
01:51, 2019-08-08

Oil rises more than 1% but sets biggest weekly loss of 2019 Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by ri...
09:01, 2019-05-25

Uber stock plunges after whopping $5.2B quarterly loss Uber shares plunged 6.3 percent in late trading to $40.27, after the ride-hailing giant reported a disappointing quarter capped by a record $5.2 bill...
07:34, 2019-08-09

Loss-making Uber does not look like a business worth $90bn As drivers protest and the IPO roadshow rolls on, investors need to ask some tough questionsGood luck to those Uber workers protesting about wages an...
02:00, 2019-05-22

Uber sees biggest-ever quarterly loss: $5bn in three months Second earnings report shows worse-than-predicted losses and revenue growthUber lost $5.24bn in the last three months, its largest-ever quarterly los...
23:17, 2019-08-08

Uber posts $1B loss in its first quarter as a public company Ride-hail giant Uber lost more than $1 billion in its first quarter as a public company. Though the eye-popping figure had been expected by investors...
06:51, 2019-05-31

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever Well, well, well! If it isn’t our beleaguered rideshare giant Uber reporting yet another quarter of continued losses after its disastrous IPO earlier...
04:17, 2019-08-09

Apple reports record Q3 2019 revenue of $53.8 billion, led by services Apple's latest earnings numbers are out, and as expected, revenues are essentially flat year over year, but just enough to be another record.Read Mor...
21:17, 2019-07-31

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up ...
07:51, 2019-05-31

Uber Cites Tight Competition After Posting $1 Billion Loss Uber executives sought to reassure investors about its growth as an onslaught of competition from ride-hailing and delivery rivals led to a $1 billio...
02:34, 2019-05-31

Microsoft reports $33.7 billion in Q4 2019 revenue: Azure up 64%, Surface up 14%, and LinkedIn up 25% Microsoft today reported fiscal Q4 2019 earnings, including revenue of $33.7 billion, net income of $13.2 billion, and earnings per share of $1.71.Re...
23:51, 2019-07-18

Canopy Growth reports more than four-fold rise in fourth-quarter revenue Canadian pot producer Canopy Growth Corp reported a more than four-fold jump in quarterly revenue on Thursday, benefiting from higher sales following...
05:34, 2019-06-21

Uber’s First Earnings Report After I.P.O. Shows Slowing Growth and $1 Billion Loss The results compounded a turbulent few months for Uber. After its market debut, investors have questioned whether the deeply unprofitable company cou...
23:34, 2019-05-30

Kohl's reports better-than-expected earnings and revenue on strong start to back-to-school season Kohl's said Tuesday that a strong start to the back-to-school season and new partnership with Amazon helped the retailer beat Wall Street earnin...
13:34, 2019-08-20

Deluge of analyst reports on Uber expected after IPO quiet period With the quiet period related to Uber Technologies disastrous IPO last month coming to an end, investors can expect a deluge of analyst research init...
21:17, 2019-06-03

Boeing reports $3B loss due to 737 MAX groundings The company has been unable to deliver any 737 MAX aircraft since the plane was grounded worldwide in March after two fatal crashes that killed 346 p...
21:17, 2019-07-24

Reports: Uber Freezes Tech Staff Hiring in U.S. as Cash Hemorrhage Continues Ridesharing giant Uber, which has been burning through money faster than the Joker ($5.2 billion in the last quarter alone!), has suddenly frozen its...
12:51, 2019-08-12

Boeing reports largest ever quarterly loss following 737 Max grounding The company lost $2.9bn in the three months to the end of June, compared to a profit of $2.2bn for the same period last yearBoeing reported its large...
20:34, 2019-07-24

UPDATE 1-Dropbox reports wider net loss, paying users up Dropbox Inc on Thursday reported a wider second-quarter net loss and said the number of users paying for its file sharing services rose slightly from...
23:17, 2019-08-08

Boeing Reports $3.4 Billion Loss for Second Quarter as 737 Max Costs Rise The aerospace giant experienced a 35 percent drop in sales for the quarter, largely because the troubled jetliner remains grounded after two deadly c...
15:17, 2019-07-24

Tesla shares fall after company again reports larger than expected loss Losses come even as Elon Musk’s company says it’s delivering a record-breaking number of vehiclesTesla shares were down 11% on Wednesday after the co...
00:00, 2019-07-25

Russian boxer Maxim Dadashev undergoes emergency brain surgery after TKO loss, per reports Russian boxer Maxim Dadashev underwent surgery to relieve swelling on his brain after a TKO loss to Subriel Matias on Friday night.   ...
15:34, 2019-07-21

Russian boxer Maksim Dadashev undergoes brain surgery after devastating loss: reports Russian boxer Maksim Dadashev had part of his skull removed during a 2-hour long brain surgery following a devastating loss Friday night to Puerto Ri...
18:51, 2019-07-20

Russian boxer Maxim Dadashev, 28, dead after suffering brain injuries in first loss, reports say Russian Boxer Maxim Dadashev, who sustained serious brain trauma during a match Friday night that also marked his first professional defeat, later di...
01:51, 2019-07-24

Tesla posts bigger-than-expected loss, bigger-than-expected revenue [Updated] Tesla's Model 3 page in July 2018. Tesla expects to be "cashflow positive every quarter from here on out, absent paying down a big loan," said Elon...
20:00, 2019-05-21

UPDATE 1-Workday beats revenue and profit estimates on higher subscription revenue Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and hu...
23:17, 2019-05-28

See inside Uber's first passenger drone, which could eventually fly passengers at 150 mph while burning no fossil fuels (UBER) Uber Uber is unveiling its first visions for passenger aircraft. The company hopes to offer air services beyond helicopters as early as 2023. We spo...
00:51, 2019-06-12

Read the full email Uber CEO wrote to employees about why the company was laying off 400 workers (UBER) Reuters/Brendan McDermid Uber fired 400 marketing employees this week as the company seeks to streamline some bloated departments. Morale had been l...
23:51, 2019-07-31

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 ...
17:34, 2019-05-21

Uber just launched an Amazon-like feature that could help it cash in on millennials' mobile-shopping addiction (UBER) Matt Cardy / Stringer / Getty Images Uber has announced a new partnership with Cargo for an in-car shopping experience. By downloading the app and ...
00:34, 2019-07-18

Traders have a $1.5 billion bet riding against Uber (UBER, LYFT) Carlo Allegri/Reuters Short-sellers have ramped up their bets against Uber to $1.5 billion. Borrowing of Uber shares has surged by more than 160% in...
23:00, 2019-05-28

Uber Lit $1 Billion on Fire Last Quarter Because That's What Uber Does In its first earnings as a public company, Uber posted losses of $1 billion over the previous quarter, more or less matching investor expectations, b...
05:51, 2019-05-31

Gold rises, Silver rises The May gold contract on the New York Mercantile Exchange closed today at $1,273.60 an ounce — up $1.60.The current silver contract on the R...
22:34, 2019-05-22

'Uber Copters': Uber will offer $200 helicopter flights in New York City this summer Uber announced that active users will get access to Uber Copter, a new service from Manhattan to the John F. Kennedy International Airport.  &#...
03:00, 2019-06-07

DoorDash is under fire for its controversial tipping policy. We asked Uber, Lyft, Instacart and other gig-economy startups how much of your tips go directly to their workers (UBER, LYFT) Katie Canales/Business Insider DoorDash is under fire for an opaque tipping system that customers are saying is misleading. In some cases, tips cou...
09:17, 2019-07-24

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER) It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 ...
07:00, 2019-08-10

Weight Loss Diet: Kick-start Your Weight Loss Journey With This Protein-Rich Broccoli Soup You can now reap the umpteen benefits of this wonder veggie without compromising on the taste quotient. How, you ask? By turning it into a delectable...
17:51, 2019-08-19

Weight Loss: 6 Apple-Based Recipes That You Can Add To Your Weight Loss Diet Apples could also play an instrumental role in managing weight loss. Fibre helps you keep full for a longer time; if you feel satiated, you would nei...
10:17, 2019-07-25

Weight Loss: 5 Vegetarian Weight-Loss Friendly Snacks For Office We agree it is difficult to eat clean and healthy at office, especially when there are so many options around to lure. But if you are willing to try,...
14:00, 2019-08-20

Weight Loss: This 3-Ingredient Juice Could Help Speed Up Your Weight Loss Weight Loss: Sugary sodas, cola beverages and packaged fruit juices are full of sugar. Look for sugar-free natural drinks to keep you hydrated. Here'...
11:51, 2019-08-11

CBS beats revenue estimates CBS Corp reported second-quarter revenue above estimates on Thursday, as the TV broadcaster got a boost from higher sales in its entertainment segmen...
23:17, 2019-08-08

Dell Revenue Growth Slows Dell Technologies swung to a profit in its first quarter, but revenue growth lagged behind expectations, as softer demand from China and some corpora...
02:34, 2019-05-31

Huawei first-half revenue up about 30% despite U.S. ban: Bloomberg Huawei Technologies Co Ltd's revenue grew roughly 30% in the first half after select teams secured critical supplies to keep production going despite...
16:51, 2019-07-23

Colorado surpasses $1B in pot tax revenue since legalization DENVER — Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use of the drug was legalized in 2014. The Colorado...
09:34, 2019-06-13

Pakistan Needs To Mobilize Tax Revenue, Cut Debt, Says IMF Pakistan needs to mobilize domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the ...
06:51, 2019-07-22

Huawei founder says revenue will be billions below forecast SHENZHEN, China (AP) — Huawei’s founder has likened his company to a badly damaged plane and says revenues will be $30 billion less than foreca...
09:51, 2019-06-17

Top banks' commodities revenue up 6 pct in first quarter - report Commodities-related revenue at the 12 biggest investment banks was 6% higher in the first three months of this year than in the same period in 2018 t...
13:17, 2019-05-30

Huawei CEO says underestimated impact of U.S. ban, sees revenue dip Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected and warn...
13:17, 2019-06-17

Fortune to Add Paywall in Bid to Diversify Revenue Stream Fortune magazine is raising its cover price, launching a digital paywall and boosting its conference business, in its first decisive steps as an inde...
00:17, 2019-05-30

Costco quarterly revenue beats estimates Warehouse club operator Costco Wholesale Corp reported quarterly revenue above Wall Street estimates on Thursday, helped by its online business and a...
22:34, 2019-05-30

American Airlines Raises Revenue Expectations American Airlines raised its unit revenue expectations for the second quarter due to fuller flights and said it will take a roughly $185 million prof...
16:34, 2019-07-10

Revenue from pot could grow higher than that of the NFL by 2020: Report As the budding marijuana industry continues to flourish, total revenue generated from it could surpass that of the NFL by 2020 and America’s total sp...
05:34, 2019-06-12

Morgan Stanley's Q2 trading revenue unlikely to beat Q1 – CEO Morgan Stanley's second quarter trading revenue is unlikely to beat results of the first three months of the year, as the last two weeks have been "q...
19:17, 2019-06-11

Marijuana industry could surpass NFL in revenue by 2020 Cannabis has been extending its reach through legalization over the past several years. Starting with early adopter Colorado, 37 states have passed l...
06:00, 2019-06-09

News Corp Revenue Falls 8% in Quarter News Corp reported an 8% decline in revenue for the June quarter, reflecting lower sales at its book-publishing unit, lower ad revenue at its news an...
07:00, 2019-08-09

Achieve 2x revenue growth through strategic partnerships As partnerships become increasingly crucial to revenue growth, organizations must develop an operational strategy to ensure partnership success.Read ...
14:34, 2019-08-01

Maxim turns a profit but revenue is still stumbling It was a case of good news and bad news at Maxim. The magazine of beer and babes turned a profit in 2018, its first since Sardar Biglari took over in...
19:34, 2019-05-22

Viacom beats quarterly revenue estimates Viacom, the owner of MTV, Comedy Central, and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic adve...
16:17, 2019-08-08

CORRECTED-(OFFICIAL)-BRIEF-Bitauto Sees Q2 Revenue Up 5.3% To 9.2% (May 30) (Corrects fourth bullet to say Q1 diluted net income per ADS was RMB0.34 (US$0.05), not RMB0.29 (US$0.04); corrects fifth bullet to say Q1 non-gaap d...
15:17, 2019-05-31

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two yea...
20:00, 2019-06-17

Lululemon quarterly revenue beats estimates Canadian athletic apparel maker Lululemon Athletica Inc reported better-than-expected first-quarter revenue as efforts to boost sales at its stores a...
01:01, 2019-06-13

Illumina plunges after slashing revenue expectations Illumina said it now expects revenue to grow about 6% this fiscal year. That's far below its previous projection for about 13% to 14% revenue gr...
01:00, 2019-07-12

Huawei H1 Revenue Grows 30 Percent Despite US Ban: Report Huawei revenue grew roughly 30 percent in the first half after select teams secured critical supplies to keep production going despite US technology ...
05:00, 2019-07-24

American Express Revenue, Profit Rise Revenue at American Express was lifted in the latest quarter by higher card-member spending, loans and card fees, though expenses from rewards progra...
19:51, 2019-07-19

Israel's Wix.com Q2 profit up, raises 2019 revenue outlook Wix.com, which helps small businesses build and operate websites, reported higher profit in the second quarter and raised its revenue forecast for 20...
10:34, 2019-07-24

Facebook Posts Strong Earnings, Revenue Growth Facebook pushed past a record-setting privacy fine in the second quarter to post strong earnings and revenue of $16.9 billion, up 28% from a year ago...
01:34, 2019-07-25

IBM Revenue Lags as Cloud Pivot Remains a Challenge International Business Machines reported another drop in quarterly revenue as Chief Executive Ginni Rometty struggles to remake Big Blue for the mode...
23:51, 2019-07-17

Texas Instruments quarterly revenue falls 9 percent Texas Instruments Inc reported an 8.7% drop in quarterly revenue on Tuesday, as it grappled with slowing demand for microchips that started late las...
22:51, 2019-07-23

Apple posts Q3 earnings: Revenue hits $53.8 billion As far as Apple’s earnings are concerned, the June quarter isn’t necessarily exciting in and of itself. After all, the quarter doesn̵...
22:17, 2019-07-31

Colorado passes $1 billion in marijuana state revenue Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannab...
22:34, 2019-06-12

Oracle's Revenue Beats Targets in Latest Quarter Oracle reported stronger-than-expected sales and beat profit targets for its latest quarter as the business-software giant’s fast-growing new busines...
01:51, 2019-06-20

Baidu receives Q2 revenue jolt from AI and streaming services The company's artificial intelligence segment also experienced increased uptake, with its AI Open Platform growing 37% year on year to having 1.3 mil...
18:00, 2019-08-20

Apple’s wearable business is so hot that it now generates more revenue than Netflix Apple’s wearable products category that includes devices like the Apple Watch and super-popular AirPods hasn’t gotten the credit it deser...
05:34, 2019-08-13

Stitch Fix spikes 26% after beating earnings and revenue expectations Shares of Stitch Fix soared 26% in after-market trading Wednesday after the online personal styling company reported it beat earnings and sales expec...
23:17, 2019-06-05

Teamwork will help unlock revenue potential of vehicle data Teamwork allows each industry to harness and exchange data sets with multiple stakeholders to run their businesses more efficiently and improve the c...
07:34, 2019-06-10

Macau casino revenue hits 5-month high in May Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the worl...
10:51, 2019-06-01

U.S. Clampdown to Cost Huawei $30 Billion in Revenue, Founder Says The U.S. campaign against Huawei Technologies is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the...
12:51, 2019-06-17

Does revenue explain the USWNT's World Cup bonus shortfall? As the US women’s soccer team’s wage discrimination lawsuit heads toward mediation, here’s everything you need to know about the pressing questionsWh...
14:17, 2019-07-24

Shares of ad giant Publicis plunge after cut to revenue guidance Shares in French advertising conglomerate Publicis slumped after the group cut its 2019 revenue growth guidance. Shares of Publicis plunged 8.5% to t...
13:00, 2019-07-19

Boeing takes $5.6 billion revenue hit to compensate 737 Max customers The financial toll of the jet's grounding is starting to add up for Boeing, which has frozen sales of its flagship aircraft since regulators issued a...
08:51, 2019-07-19

Illumina Stock Falls as Revenue Outlook Reduced Shares of Illumina drop after the maker of gene-sequencing machines lowers its revenue expectations over problems with its direct-to-consumer busines...
02:17, 2019-07-12

After 'Fortnite,' Giving Developers a Bigger Share of the Revenue Pie Every time a videogame is purchased from a digital store like Google Play, its creator typically has to give up nearly a third of the sale to the ret...
15:34, 2019-06-18

Activision revenue beats estimates on higher investments Videogame maker Activision Blizzard Inc beat second-quarter revenue estimates on Thursday, benefiting from higher investments in its franchises to fe...
23:17, 2019-08-08

Huawei CEO says U.S. ban hit harder than expected, warns of $30 billion revenue dip Huawei CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected, warning that revenue could dip by $100 bi...
21:51, 2019-06-17

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed...
14:34, 2019-06-17

Huawei’s Founder Ren Zhengfei Says Revenue Will Be Billions Below Forecast SHENZHEN, China (AP) — Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast...
14:17, 2019-06-17

Carvana's revenue, retail sales milestones please investors Online used-vehicle retailer Carvana Co. continues to pile up losses as it carries out a rapid expansion strategy, but bullish investors still like w...
09:51, 2019-08-12

F1's revenue increases modestly in second financial quarter vs 2018 The Formula One Group recorded a modest revenue increase in this year's second financial quarter compared to 2018, despite one of its more lucrative ...
16:17, 2019-08-08

Coca-Cola meets Q2 revenue expectations, ups 2019 forecast Coca-Cola Co on Tuesday broadly met second-quarter revenue expectations after eight consecutive beats and raised its revenue forecast for the full y...
14:17, 2019-07-23

Volvo solves autonomous revenue riddle with package deals Swedish truckmaker AB Volvo's first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is ...
18:00, 2019-07-10

TCS Shares Fall After Company's Q1 Revenue Misses Street Estimates Tata Consultancy Services (TCS) shares fell nearly per cent on Wednesday, a day after the country's largest IT services exporter kicked off the earni...
18:17, 2019-07-10

Facebook revenue beats estimates; discloses antitrust probe Facebook Inc beat analysts' estimates for revenue on Wednesday, even as the world's largest social network agreed to pay a $5 billion fine over data...
23:17, 2019-07-24

Microsoft leads enterprise SaaS market revenue race The enterprise SaaS market continues to grow at an extraordinary pace and according to a new report from Synergy Research, enterprise SaaS revenue ma...
03:51, 2019-06-29

European Tour hires Scudamore to boost Ryder Cup revenue The European Tour has hired former Premier League executive chairman Richard Scudamore to help boost revenue from the Ryder Cup, the governing body a...
14:51, 2019-06-20

Thomson Reuters raises outlook as revenue growth picks up Thomson Reuters Corp raised its sales and core profit outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth for the second ...
09:34, 2019-08-01

Apple's services revenue, China to power third quarter: analyst Apple Inc will likely see a surge in services revenue in the third quarter, charged by app store developer revenue and renewed growth in China, crit...
11:17, 2019-07-09

U.S. efforts to cut off Iran oil revenue working: White House adviser White House trade adviser Peter Navarro said on Thursday that United States efforts to cut off Iran's oil export revenues through sanctions are succe...
17:00, 2019-06-20

Israel's Wix.com second-quarter profit up, raises 2019 revenue outlook Wix.com, which helps small businesses build and operate websites, reported higher profit in the second quarter and raised its revenue forecast for 20...
12:51, 2019-07-24

GameStop's dividend halt, revenue miss drag shares down 10% GameStop Corp on Tuesday halted its quarterly dividend after reporting a 13.3% fall in first-quarter revenue that missed analysts' estimates, hurt by...
23:51, 2019-06-04

Snap revenue boosted by gender-bending photo filter Shares of Snapchat parent company Snap Inc. soared more than 10 percent in extended trading Tuesday — thanks in part to a viral face filter that can ...
10:00, 2019-07-24

Facebook revenue beats estimates, discloses U.S. FTC antitrust probe Facebook Inc beat analysts' estimates for revenue on Wednesday for a second straight quarter, but even as it agreed to pay $5 billion to settle a da...
00:00, 2019-07-25

European Tour hires Scudamore to boost Ryder Cup revenue: FT The European Tour has hired former Premier League executive chairman Richard Scudamore to help boost revenue from the Ryder Cup, the Financial Times ...
11:34, 2019-06-20

Fitbit Shares Tumble After Company Lowers Revenue Outlook Fitbit lowered its full-year-revenue outlook as sales of smartwatches declined, sending the company’s shares down more than 18% in after-hours tradin...
00:34, 2019-08-01

Tesla's Claim That It Outsells the Toyota Camry 'By Revenue' Doesn't Really Mean Anything At Tuesday night’s annual shareholder meeting, Tesla CEO Elon Musk reassured everyone that there was no demand problem for the company’s cars, and th...
04:17, 2019-06-14

Colorado’s recreational pot sales rake in $1 billion in revenue Colorado has surpassed experts projects of taxes on the state’s recreational marijuana sales, earning $1 billion in revenue in roughly five yea...
17:51, 2019-06-14

Vans owner VF Corp quarterly revenue beats estimates Apparel maker VF Corp exceeded Wall Street's quarterly sales expectations, boosted by higher demand for its Vans sneakers and outdoor wear brand Nort...
13:51, 2019-05-22

Huawei slashes revenue forecast amid continued US pressure Huawei CEO and founder Ren Zhengfei said that the Chinese tech company will report revenues of around $100 billion in 2019 and 2020, which would be f...
11:17, 2019-06-17

Huawei braces for major smartphone sale and revenue drop Huawei founder Ren Zhengfei has suggested that revenues could fall below $100 billion, with reports claiming the company is bracing itself for a huge...
12:51, 2019-06-17

WeWork IPO Filing Shows Revenue Growth, Wide Losses WeWork’s parent company unveiled the papers for its initial public offering, depicting a firm whose revenue growth is steep but whose losses have gro...
16:17, 2019-08-14

Photoshop maker Adobe beats revenue, profit estimates Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagsh...
23:17, 2019-06-18

UPDATE 1-CBS beats revenue estimates on higher entertainment sales CBS Corp reported second-quarter revenue above estimates on Thursday, as the TV broadcaster got a boost from higher sales in its entertainment segmen...
23:17, 2019-08-08

Broadcom's quarterly revenue misses estimates, shares fall 6% Broadcom Inc on Thursday reported lower-than-expected quarterly revenue and cautioned of a broad-based slowdown in demand, driven by continued geopol...
23:51, 2019-06-13

UPDATE 2-Schlumberger names new CEO, tops revenue on international demand Schlumberger NV said on Friday Chief Operating Officer Olivier Le Peuch will replace longtime Chief Executive Officer Paal Kibsgaard, as the company ...
15:34, 2019-07-19

Maharashtra Government Presents Rs 20,292 Crore Revenue Deficit Budget Maharashtra government today presented an additional budget for 2019-20 with a revenue deficit of Rs 20,292.94 crore, higher than last year's deficit...
18:51, 2019-06-18

HP's Q2 revenue remains flat with drop in PC units and printers sold While sales of desktop units were up slightly year-over-year, HP still saw an overall drop in the number of PCs sold due to the decline in Notebooks ...
00:00, 2019-05-24

Tesla Claims Record Deliveries and Production in Q2, but Revenue Below Projections Earlier this month, Tesla announced another record-setting quarter when it came to how many cars it delivered to customers. But today, the company al...
10:17, 2019-07-25

Tinder the Top Revenue Generating Non-Game App in H1 2019: Sensor Tower While consumers spent an estimated $25.5 billion globally on Apple's App Store in the first half of 2019, Google Play's estimated gross revenue was $...
16:17, 2019-07-13

Apple ekes out sales growth despite drop in iPhone revenue Sales of the iPhone are down, profit slid and revenue grew by just 1 percent — yet Apple still managed to wow investors with its quarterly results on...
22:34, 2019-07-31

Mylan quarterly revenue misses estimates, shares fall Drugmaker Mylan missed Wall Street estimates for quarterly revenue, hurt by restructuring at its Morgantown plant in West Virginia and a stronger dol...
16:17, 2019-05-21

If Uber Wants It, It's Bad If you are negotiating with someone, and they are willing to make concessions as long as they keep one, single, big thing, then that is the thing tha...
17:00, 2019-06-14

UPDATE 1-Britain's SSP posts higher revenue, flags hit from Boeing 737 MAX grounding British travel-food company SSP Group Plc posted higher quarterly revenue on Friday, but said some of its operations in North America were hit by fli...
10:51, 2019-07-19

YouTube offers tiered membership levels to boost creators’ revenue Last year, YouTube took to the VidCon stage to share new ways creators could make money. This year, YouTube returned with updates to those programs. ...
02:17, 2019-07-12

US House Panel Sues US Treasury, Revenue Service Over Trump's Tax Returns A House of Representatives panel filed suit on Tuesday against the US Treasury and the Internal Revenue Service, as it wrangled to obtain President D...
00:00, 2019-07-03

Toyota operating profit growth to drop this year on revenue slip Toyota Motor forecast lower growth in operating profit for the current year on an expected drop in revenue and weaker vehicle sales in Japan and Nort...
16:17, 2019-05-21

UPDATE 2-Workday beats revenue and profit estimates on higher subscriptions Workday Inc reported better-than-expected quarterly profit and revenue on Tuesday, as it enrolled more companies for its cloud-based financial and hu...
01:34, 2019-05-29

iQOS boosts Philip Morris International's quarterly profit, revenue Philip Morris International beat second-quarter earnings and revenue estimates while hiking its full-year forecast as its new tobacco products gain m...
15:51, 2019-07-18

IAC explores option to spin off Match, ANGI; beats quarterly revenue IAC/InterActiveCorp said it was exploring the possibility of spinning off its stake in Tinder-parent Match Group and online homeservices provider ANG...
22:51, 2019-08-07

IBM revenue falls as weak legacy businesses offset cloud growth International Business Machines Corp posted a 4.2% fall in quarterly revenue, in line with analysts' estimates, as weakness in its legacy businesses ...
22:34, 2019-07-17

Gannett revenue declines, digital subscriptions rise as merger is announced Gannett, owner of USA TODAY and more than 100 other media properties saw revenues decline in the second quarter, but digital subscriptions rose. ...
04:00, 2019-08-06

Tesla falls short on revenue, margins in second-quarter, shares tumble 11% Tesla Inc on Wednesday posted a steeper-than-expected loss in its second quarter as profit margins on its vehicles narrowed, saying it still aimed f...
00:00, 2019-07-25

UPDATE 1-Swiss telecoms takeover target UPC slows revenue slide UPC, the Swiss arm of telecoms company Liberty Global and target of a 6.3 billion Swiss franc ($6.5 billion) takeover bid by Sunrise Communications, ...
15:51, 2019-08-08

Facebook warns privacy changes will slow revenue growth, discloses another U.S. probe Facebook said that new rules and product changes aimed at protecting users' privacy would slow its revenue growth and significantly raise expenses.Re...
04:17, 2019-07-25

American Airlines raises unit revenue forecast, shares rise American Airlines Group Inc on Wednesday raised its estimate for second-quarter unit revenue as the grounding of Boeing Co's MAX jets left the No. 1 ...
20:51, 2019-07-10

Core game franchises propel Electronic Arts revenue beat Video game publisher Electronic Arts reported better-than-expected quarterly revenue, riding on the continued success of its battle royale game "Apex...
18:51, 2019-07-31

Bank investments in technology not yet driving significant revenue growth: Accenture The $1 trillion invested by traditional banks globally over the past three years to improve their technology has not yet delivered the revenue growth...
10:51, 2019-06-20

NCAA's Power 5 schools see steep raise in pay for non-revenue coaches Amid controversy over athlete compensation, the rate of increase for head coaches' pay in non-revenue sports is close to the rise in football. ...
05:00, 2019-08-13

Huawei CEO downplays expected $30 billion revenue miss due to the Trump administration ban Huawei CEO Ren Zhengfei said in an interview with CNBC the company's business is still strong in China, and it expects $100 billion in revenue t...
11:51, 2019-06-19

GoPro lifts revenue forecast on new product slate, shares rebound GoPro Inc raised its 2019 revenue forecast on Thursday, as the action camera maker bets on new releases slated for later this year and helping share...
05:51, 2019-08-02

UPDATE 3-Shopify raises revenue forecast on higher e-commerce demand Shopify Inc on Thursday raised its full-year revenue forecast and reported a better-than-expected quarterly profit, as the Canadian e-commerce compa...
20:17, 2019-08-01

Nordstrom quarterly revenue misses, cuts net sales forecast for 2019 Nordstrom Inc's first-quarter sales missed Wall Street expectations on Tuesday, as the department store operator blamed softer trends from the fourth...
22:51, 2019-05-21

Axel Springer revenue, profits fall in Q2 as weaker economy weighs German publisher Axel Springer reported a decline in revenue and profits in the second quarter, as a weakening economy hit its jobs classifieds busin...
11:51, 2019-08-14

Fitbit cuts 2019 revenue view, stock drops to record low Fitbit cut its 2019 revenue forecast, blaming disappointing sales of its cheapest smartwatch Versa Lite, sending its shares tumbling to a record low....
04:34, 2019-08-01

UPDATE 1-IQE warns on revenue as Huawei ban hits global supply chains IQE Plc warned on Friday that revenue for financial year 2019 would be lower-than-expected, as U.S. restrictions on China's Huawei caused more order ...
09:51, 2019-06-21

Tesla sold a record number of Model 3s last quarter as revenue hit $6.3 billion Tesla posted its earnings for the June quarter today and, per usual, there’s a lot to dissect. Revenue wise, the company generated $6.3 billion...
00:34, 2019-07-25

Spotify revenue beats but adds fewer-than-expected paid subscribers Spotify Technology SA's lighter-than-expected number of new paid subscribers drove shares as much as 5% lower in trading before the bell, overshadow...
00:51, 2019-08-01

Dell revenue misses as China softness hits server business Dell Technologies reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters amid ec...
15:34, 2019-05-31

Nvidia revenue tops expectations on strength in video gaming, auto units Nvidia Corp on Thursday said new high-end graphics chips for video gamers was bringing its core business back to "normalized" levels and raising prof...
23:00, 2019-08-16

Hilton cuts forecast for key revenue measure amid slowing economic growth Hilton Worldwide Holdings Inc cut its full-year outlook for a key revenue measure on Wednesday, citing a slowing global economy which was weighing o...
21:51, 2019-07-24

Taxmen Running Amok To Meet India's Revenue Shortfall: Rahul Gandhi Congress leader Rahul Gandhi on Monday took a dig at the Modi government over the issue of entrepreneurs facing tax terrorism, saying that the attemp...
10:17, 2019-08-05

Microsoft closes fiscal 2019 with revenue spikes driven by cloud services Enlarge / Satya Nadella, CEO of Microsoft, speaks at the Microsoft Annual Shareholders Meeting in Bellevue, Washington, on November 30, 2016. (credi...
02:34, 2019-07-19

UPDATE 2-Telefonica Brasil to boost revenue with price hikes in 2nd half of 2019 -CEO Telefonica Brasil SA plans to boost revenue in the second half of 2019 by raising prices in the mobile segment, as the company bets on a more vigorou...
18:51, 2019-07-24

MTA blames shoddy decor, homeless people for dip in Grand Central dining revenue MTA officials are blaming the homeless — and shoddy decor — for a drop in revenue at Grand Central Terminal’s dining concourse. In the agency’s July ...
06:17, 2019-07-24

Vans owner VF Corp forecasts 2020 revenue below estimates, shares fall Apparel maker VF Corp exceeded Wall Street's quarterly sales expectations, boosted by higher demand for its Vans sneakers and outdoor wear brand...
15:17, 2019-05-22

UPDATE 1-Dell revenue misses as China softness hits server business Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters ami...
03:17, 2019-05-31

Allergan beats profit, raises revenue forecast on Restasis, Juvederm demand Allergan Plc, which is being bought by AbbVie Inc for $63 billion, beat quarterly profit estimates and raised its 2019 revenue forecast on Tuesday, h...
16:51, 2019-08-06

Trump revenue at least $434 million in 2018, saw drop in Mar-a-Lago money, new filing reveals The filing reveals that Trump in 2018 had a minimum of $434 million in revenue from all sources. That's a slight drop from the at least $452 mil...
01:17, 2019-05-22

Tinder love fuels Match Group's revenue beat, upbeat forecast Online dating services provider Match Group Inc forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue...
23:51, 2019-08-06

Biogen profit rises 72% Drugmaker Biogen Inc reported a 72.4% rise in second-quarter profit on Tuesday, boosted by higher sales of its multiple sclerosis treatment Tecfidera...
14:17, 2019-07-23

Consumer Confidence Rises American optimism about the economy continued to recover in May, following a dip earlier this year during the government shutdown, according to a mon...
21:17, 2019-05-28

US oil rises 1.1% as OPEC extends oil cut Oil surged on Monday after OPEC+ agreed to extend production cuts and the trade truce between the U.S. and China boosted sentiment for the commodity ...
21:17, 2019-07-01

Uber will now kick you off its app if your rating is too low According to an app researcher Jane Manchun Wong with a history of impressive scoops that come from her constant reverse-engineering of popular mobil...
00:34, 2019-05-30

Should Uber Bar Felons From Becoming Drivers? The tight U.S. labor market is pushing more employers to consider hiring nontraditional candidates, including some with criminal records. That is int...
19:34, 2019-05-22

Is the Uber of babysitting safe? Need a babysitter? There’s an app for that. Uber-esque babysitting services, including the popular Bambino and UrbanSitter, are gaining traction amon...
06:17, 2019-08-15

Fitbit cuts 2019 revenue view, Versa Lite sales lag; shares tank Wearable device maker Fitbit Inc cut its 2019 revenue forecast on Wednesday, blaming disappointing sales of its newly launched cheapest smartwatch V...
00:34, 2019-08-01

UPDATE 1-Vans owner VF Corp forecasts 2020 revenue below estimates, shares fall Apparel maker VF Corp forecast full-year revenue below expectations on weak demand for its North Face apparel and Vans sneakers, sending its shares d...
13:51, 2019-05-22

Shake Shack stock soars after reporting earnings beat, raising revenue forecast Shares of Shake Shack rose nearly 3% in extended trading on Monday, after the company reported second-quarter earnings that topped Wall Street's...
14:17, 2019-08-06

Sports betting helps propel casinos to fourth straight year of revenue gains The legalization of sport betting helped propel U.S. casinos to a record year, with gaming revenue rising 3.5% from 2017 to $41.68 billion, according...
12:34, 2019-06-11

Congress moves to give away national lands, discounting billions in revenue and millions of jobs Though recreation on public lands creates $646bn in economic stimulus and 6.1m jobs, Republicans are setting in motion a giveaway of Americans’ birth...
17:51, 2019-05-21

UPDATE 2-Hilton cuts forecast for key revenue measure amid slowing economic growth Hilton Worldwide Holdings Inc cut its full-year outlook for a key revenue measure on Wednesday, citing a slowing global economy which was weighing on...
18:51, 2019-07-24

Chinese smartphone maker Xiaomi misses revenue estimates as competition heats up at home Xiaomi's revenue in the second quarter ended June 30 rose to 51.95 billion yuan ($7.36 billion) from 45.24 billion a year earlier. That was shor...
11:51, 2019-08-21

UPDATE 1-Canopy Growth fourth-quarter revenue beats as cannabis sales soar Pot producer Canopy Growth Corp reported better-than-expected quarterly revenue on Thursday, as efforts to strengthen its retail operations paid off ...
05:34, 2019-06-21

Oil rises 1.2% on prospect of US interest rate cut Oil prices edged higher on Monday as the prospect of an expected interest rate cut by the U.S. Federal Reserve overshadowed pessimism over U.S.-China...
18:17, 2019-07-31

Oil rises 2% as recession fears recede Crude oil prices rose more than 2% on Friday, recovering from two days of declines after data showing a rise in U.S. retail sales helped to ease conc...
15:34, 2019-08-16

GameStop Rises but Struggles to Score Shares of the videogame retailer jumped more than 8% on Monday, on track for its best daily performance since January, after saying it would buy back...
20:34, 2019-06-10

The Future of Housing Rises in Phoenix High-tech house flippers such as Zillow are using algorithms to reshape the stodgy, $26 trillion market for U.S. residential real estate. They starte...
22:51, 2019-06-19

Sensex Rises Over 150 Points, Nifty Above 10,950 The Sensex and Nifty had closed 1.66 per cent and 1.65 per cent lower respectively on Tuesday, hurt by a selloff across sectors barring energy shares...
06:17, 2019-08-14

Dow rises 300 points after bruising week Hopes of more official stimulus for the economy and the easing of a bond market rally drove a broad rise in stocks on Friday, as a bruising week for ...
21:34, 2019-08-16

A black moon rises Wednesday: What is it and can we see it? There’s a black moon on the rise. On Wednesday night, North Americans will get a rare chance to see a “black moon,” which occurs on...
00:34, 2019-08-01

Oil rises on Iran's new nuclear threats Oil prices firmed on Monday on tensions over Iran's nuclear program but gains were capped by concerns about global economic growth and consequently o...
19:17, 2019-07-08

GM's Q2 net rises 1.6% on pickups, cost reductions General Motors' second-quarter earnings in North America rose to $3 billion, for a 10.7 percent margin, while worldwide margins, revenue and adjusted...
10:34, 2019-08-02

In Ukraine, a Rival to Putin Rises Volodymyr Zelensky, a former comedian, appeals to Russian speakers his predecessor could never reach. He’s now putting his star power to diplomatic u...
08:17, 2019-08-05

Oil rises near $64/bbl on second downed Iranian drone Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S. Central Command said the United States may have taken down a se...
22:51, 2019-07-23

Household Net Worth Rises 4.5% In First Quarter American households more than made back their losses from last year’s stock market turbulence in the first quarter of 2019, according to a Federal Re...
20:17, 2019-06-06

Oil rises towards $65 on fears of U.S. attack on Iran Oil prices rallied towards $65 per barrel on fears of a U.S. military attack on Iran that would disrupt flows from the Middle East, which provides mo...
11:17, 2019-06-21

Infrastructure Output Rises 2.6% In April Infrastructure output, which comprises eight sectors such as coal, crude oil and electricity, accounts for nearly 40 per cent of country's industrial...
22:17, 2019-05-31

Fuel Demand Rises 3.3% In July Cooking gas or liquefied petroleum gas (LPG) sales increased 9.0 per cent to 2.22 million tonnes, while naphtha sales fell 5.2 per cent to 1.22 milli...
18:00, 2019-08-10

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

Uber suspends XL service in Istanbul U.S.-based ride-hailing service Uber will suspend its UberXL services in Istanbul from Friday, it said, though passengers in Turkey's largest city wi...
17:34, 2019-05-31

No Ride for You? Uber's Risky Ratings Uber says it will start banning riders in the U.S. and Canada with “significantly below average” ratings. “Respect is a two-way street,” Uber said, n...
14:34, 2019-06-04

NYC extends its cap on Uber and Lyft vehicles New York City will cap the number of Uber and Lyft vehicles on its streets for another year. Today, the NYC Taxi and Limousine Commission (TLC) voted...
22:51, 2019-08-07

Uber loses more than $1bn in first quarterly report since IPO Company said it now had 93 million customers who are active on a monthly basis, 33% higher than the same period last yearUber lost more than $1bn in ...
00:17, 2019-05-31

Uber's IPO Was Just a Bump in the Road, Top Executive Says Uber staff remain focused on global expansion following last month’s initial public offering, said Brooks Entwistle, the company’s chief internationa...
13:17, 2019-06-14

The New Provence: From Quaint to Uber-Chic Need proof this beloved vacation spot is evolving? An influx of design-savvy hotels and modern cuisine is reinvigorating the region. So long bouillab...
01:34, 2019-07-12

Rude Uber Riders Could Be Booted From The App Uber riders prone to rude behavior such as leaving trash or urging drivers to speed may be booted from the app under a policy change that took effect...
05:00, 2019-05-30

A bad Uber rating could get you banned from the service If your Uber rating is too low, you could be banned from using the car-riding service. Uber announced it was refreshing its guidelines.   ...
04:51, 2019-05-30

Bad riders could be banned under new Uber policy Badly behaving Uber passengers can be banned from using the ride-sharing service if their rating score falls below a certain threshold, the company s...
21:00, 2019-05-29

Uber will deactivate riders with low ratings Rude behavior or leaving trash behind could get you booted from Uber. The company has added "ratings-based rider deactivations" to its safety policy....
18:51, 2019-05-29

Two Top Uber Executives Out Amid Shakeup Uber’s operating and marketing chiefs are both leaving the ride-hailing giant, less than a month after its disappointing initial public offering, as ...
00:34, 2019-06-08

Uber executive reshuffling drops its COO and CMO In an email that went out to employees on Friday, Uber CEO Dara Khosrowshahi said that because of progress made over the last two years, he now has m...
01:34, 2019-06-08

Two Top Uber Executives Are Out as C.E.O. Consolidates Power A month after Uber’s rocky I.P.O., its chief executive laid off two members of his executive team: the chief operating officer and the chief marketin...
01:34, 2019-06-08

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released abo...
02:00, 2019-05-31

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 p...
14:32, 2019-05-21

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 co...
14:51, 2019-05-21

Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years SHENZHEN, China (AP) — Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years. The p...
09:51, 2019-06-17

Closing the West's Largest Coal Plant Will Leave the Navajo Nation With $40 Million in Missing Revenue The Navajo Generating Station in Arizona is closing, and that’s terrible news for the Native American communities that rely on the coal plant for the...
04:51, 2019-06-01

AIG's Profit Rises, Boosted by Flagship Business American International Group posted a nearly 18% increase in second-quarter net income, with a turnaround effort at one of the world’s biggest seller...
14:17, 2019-08-08

Rogers Communications second-quarter profit rises 10% Rogers Communications Inc on Tuesday reported a nearly 10% rise in quarterly profit, as the Canadian telecom company benefited from growth in its wir...
14:17, 2019-07-23

Rupee Rises 49 Paise To Settle at 69.53 Against Dollar On weekly basis, the domesticcurrency gained 70 paise helped by a host of domestic and global factors like stable political outlook with NDA (Nationa...
15:51, 2019-05-24

GM's Q2 net rises 1.6% on pickups, cost-saving actions General Motors' second-quarter earnings in North America rose to $3 billion, for a 10.7 percent margin, while worldwide margins, revenue and adjusted...
14:34, 2019-08-01

Harley-Davidson Rises After Dodging Trade War Harley-Davidson slides past Trump’s trade war, Nissan blames Carlos Ghosn for a massive profit drop, people still want to know if Tesla can make mone...
16:34, 2019-07-24

Death toll from China earthquakes rises to 11 The death toll from two strong earthquakes in China rose to 11 on Tuesday, with 122 people injured, state media said, adding that rescuers pulled som...
09:51, 2019-06-18

Oil slips 1% after Fed disappoints, US crude output rises Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate...
09:17, 2019-08-01

Crude Rises But Growth Concerns Remain Oil prices rose a day after U.S. crude futures fell into a bear market by declining more than 20% from their recent highs amid growing worries over g...
00:51, 2019-06-07

Oil rises 0.8% despite fears of a global economic downturn Oil prices rose on Monday despite worries about a global economic slowdown and the ongoing U.S.-China trade war, which has reduced demand for commodi...
23:17, 2019-08-12

Sensex Rises Over 200 Points From Day's Low In Choppy Trade Domestic stock markets recovered early losses on Wednesday in choppy trade, amid a cautious trend in Asian peers. The S&P BSE Sensex opened 28.83 poi...
07:17, 2019-07-10

S&P 500 rises on investor optimism ahead of G20 summit The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for pr...
23:34, 2019-06-27

California gas tax rises another 6 cents a gallon Monday SACRAMENTO, Calif. (AP) — California’s nation-leading gas prices are set to climb even higher Monday, when the state gas tax increases 5.6 cent...
18:17, 2019-06-29

After a Scandal, the New Orleans Jazz Market Rises Again One of the city’s newest musical landmarks and its Grammy-winning jazz orchestra are pushing forward as two members of its original leadership team a...
00:34, 2019-05-29

Sensex Rises Over 200 Points, Nifty Moves Above 11,750 Nifty, Sensex today:The S&P BSE Sensex rose as much as 226.97 points to 39,196.77 in morning, and the NSE Nifty moved to 11,760.65, up 51.55 points f...
10:51, 2019-05-22

Tencent's Profit Rises 35% as New Games Hit Market The Chinese internet giant has been reviving its games business this year after a nine-month regulatory freeze on new-game approvals last year batter...
13:51, 2019-08-14

New diabetes cases fall as obesity rises The number of new diabetes cases among U.S. adults keeps falling, even as obesity rates climb, and health officials aren't sure why. (May 28) &...
23:51, 2019-05-28

Oil slips 1% after Fed disappoints, U.S. crude output rises Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate...
06:51, 2019-08-01

Brazil: Amazon deforestation rises rapidly A government institute at loggerheads with Brazil's President Jair Bolsonaro has called the massive increase a "major setback." The right-wing admini...
14:17, 2019-08-07

Number Of Deaths In Bihar Due To Heatwave Rises To 83 At least 83 people have died in the last four days in three districts of Bihar as a blistering heatwave swept several places in the state, officials ...
18:51, 2019-06-18

Oil rises on U.S. stock decline, Mideast tensions Oil prices rose 1% on Wednesday, supported by a sharp fall in U.S. crude stocks and tensions over Iran, but concern about global oil demand capped fu...
17:51, 2019-07-24

Los Angeles County homeless population rises 12% to nearly 60,000 Despite spending millions on housing, the number of homeless people in Los Angeles County rose 12% to 58,936. Some call it a public health crisis. &...
04:00, 2019-06-05

German Unemployment Rises for the First Time in Five Years Germany’s jobless rate climbed unexpectedly in May, the first increase in more than five years, in a sign that a recent slowdown in growth is spreadi...
02:51, 2019-05-30

AT&T stock rises after Trump suggests a boycott President Trump's years-long effort to punish CNN for its news coverage took a new, yet wholly unsurprising turn on Monday when he suggested a boycot...
14:51, 2019-06-04

Chevron profit rises 26.3% on higher output Chevron reported a 26.3% rise in quarterly profit, as higher production more than offset lower crude oil and natural gas prices and a rise in expense...
18:17, 2019-08-02

Borrowing jumps as Theresa May announces pay rises A big increase in Government borrowing was revealed today as Theresa May promised pay rises totalling £2 billion for teachers, police officers and ot...
13:34, 2019-07-19

ITC June Quarter Profit Rises 13% To Rs 3,174 Crore For the quarter ended March 31, ITC had reported a net profit of Rs 3,481.90 crore. Its net profit in financial year 2018-19 rose 11.06 per cent to ...
23:34, 2019-08-02

Investors Try Stock Picking as Volatility Rises Sharp equity swings have caught the attention of some individual investors who believe the market has reached a point where picking the right individ...
12:17, 2019-05-26

Death toll from China quakes rises to 11 The death toll from two strong earthquakes in China rose to 11 on Tuesday, with 122 people injured, state media said, adding that rescuers pulled som...
03:17, 2019-06-18

EU election turnout rises for the first time, hits 50% Around half of eligible voters cast their ballot in European elections, a bloc-wide estimate showed on Sunday, the first time turnout has risen in fo...
22:34, 2019-05-26

Woodland rises to No. 12 in world rankings after U.S. Open win With his first major championship win on Sunday at the U.S. Open at Pebble Beach, Gary Woodland moved up to a career-best No. 12 in the world golf ra...
22:51, 2019-06-17

Oil rises after report on possible China talks concessions Oil prices rose early Friday trailing equity gains late Thursday that followed a report about possible concessions ahead in U.S. trade talks with Chi...
18:17, 2019-05-21

Gold rises to $1,500 an ounce for first time in six years Rise comes amid concerns over US-China trade conflict and European marketsThe price of gold has risen to $1,500 an ounce (£1,234.45 at market rates o...
20:51, 2019-08-08

The Dark Knight Rises...Then Falls (In Price) You don’t need Bruce Wayne’s fortune to afford the Dark Knight trilogy today. This UHD Blu-ray set includes all three Chris Nolan Batman films in 4K,...
22:34, 2019-06-12

THE AI IN TRANSPORTATION REPORT: How automakers can use artificial intelligence to cut costs, open new revenue streams, and adapt to the digital age (TM, LYFT) This is a preview of a research report from Business Insider Intelligence. To learn more about Business Insider Intelligence, click here. Current sub...
00:00, 2019-07-03

UPDATE 1-Tinder love fuels Match Group's revenue beat, upbeat forecast; shares rise Online dating services provider Match Group Inc forecast third-quarter sales above estimates and reported better-than-expected second-quarter revenue...
23:51, 2019-08-06

Uber launches helicopter service in New York The new service transports passengers from Manhattan to the John F. Kennedy International Airport for about $200.      ...
21:51, 2019-07-10

Uber's Jump will take on Lime's e-bikes in London Londoners have seen multiple bikeshare companies come and go -- including ofo, oBike and Urbo. When Lime introduced its e-bikes in December, it seeme...
19:17, 2019-05-24

Uber will start booting riders with low ratings Better be nice to your Uber driver and keep those stars up. Beginning Wednesday, the ride-hailing app will start to boot the worst of its boorish rid...
19:51, 2019-05-29

Uber could give you the option to ‘favorite’ drivers Uber might be developing a feature that lets riders add drivers as a "favorite" so they can ride with them again in the future. App researcher Jane M...
18:51, 2019-05-29

Uber COO, marketing chief step down - memo Uber Technologies Inc Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina are leaving the company, Chief Executive Off...
09:34, 2019-06-08

Uber upgrades its Jump scooters and bikes Uber has revealed its second-generation Jump electric scooters, which will feature bigger wheels and improved brakes. The rideshare giant showed off ...
04:34, 2019-06-13

Uber unveils next-generation Volvo self-driving car Uber unveiled its newest Volvo self-driving car as it works to deploy vehicles without drivers under limited conditions. Uber said the production-rea...
00:51, 2019-06-13

Uber to unveil next-generation Volvo self-driving car Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without driv...
18:51, 2019-06-12

Top Uber executives pushed out in shake-up after IPO launch Two of Uber’s top executives were pushed aside last week in a management shake-up at the ride-share company following its lackluster initial pu...
01:17, 2019-06-09

Uber has more than 100 million users, but is still losing money Uber might seem ubiquitous, but the ridesharing company is still growing, it reported in its quarterly earnings. In July, more than 100 million peopl...
06:00, 2019-08-09

Uber unveils its vision of flying taxis Uber presented a grandiose vision of flying vehicles whisking people around cities at its annual flying car conference Tuesday in Washington, DC, a d...
08:34, 2019-06-13

How Uber is turning everyone in the company into a data scientist Uber has built internal tools and platforms that others in the company can leverage, bringing cutting-edge expertise to anyone within the company.Rea...
21:17, 2019-07-31

Uber rolls out next-generation self-driving Volvo At an event in Washington, Uber unveiled a fleet of redesigned self-driving cars that it expects will hit public roads in the coming months.Read More...
21:34, 2019-06-12

Uber will test its flying taxis in Melbourne Uber has chosen the third test city to join Dallas and Los Angeles for its flying taxi trials: Melbourne, Australia. The third location was supposed ...
14:34, 2019-06-12

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

Bajaj Qute Launched On Uber XS In Bengaluru Bajaj and Uber have partnered to launch the Qute quadricycle for the Uber XS ride category in Bengaluru. This is a pilot project and it will be offer...
18:51, 2019-06-13

Uber Copter's $200 flights launch in NYC on July 9th Uber's autonomous flying taxis aren't ready to take flight yet, but according to a report in the New York Times, it will offer air transit ...
08:51, 2019-06-06

Uber launching helicopter service to JFK this summer Uber is finally ready to take to the skies — and has chosen the Big Apple for its helicopter-sharing debut. The ride-hailing giant said Thursday its ...
20:51, 2019-06-06

Uber experiment allows Eats orders from the main app Uber has started rolling out an experimental version of its app that was made to persuade its main service's customers to try its food delivery ...
09:34, 2019-06-05

Uber to ban riders with low ratings: will you pass the test? Failure to tip, a refusal to chat … even where you sit could influence how drivers rate you and under a new policy could see you bannedWill your Uber...
08:34, 2019-06-01

Uber-rich: the wealthy people who will get even wealthier from IPO Ride-hailing app valued at $80bn, below its initial target – but it will still make billions for some early investorsUber on Thursday priced its shar...
02:00, 2019-05-22

Uber drivers and other gig workers in California could get better pay under proposed law Uber, Lyft in the crosshairs as California lawmakers look to redefine part-time job rules to boost pay, benefits for drivers.    ...
21:34, 2019-07-17

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 compan...
02:00, 2019-05-22

Uber driver pulls out sex toy on cops who feared it was a gun A Connecticut Uber driver was tackled to the ground by police who believed he was reaching for a gun — only for him to whip out a sex toy, authoritie...
09:51, 2019-07-02

Ari Lennox Went From Uber Driving to Headlining Her Own Tour The R&B singer Ari Lennox spoke to GQ about her debut album, 'Shea Butter Baby,' and why she really wishes people would stop comparing her to Erykah ...
15:00, 2019-06-17

Government To Order Uber, Ola To Go Electric: Report Some taxi players, like Ola, have previously tried to operate electric cars in the country, but with little success given inadequate infrastructure a...
14:00, 2019-06-07

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 m...
14:38, 2019-05-21

Uber Is Latest Firm to Flounder Post-IPO Many of the most anticipated technology IPOs in the past decade have disappointed investors after reporting their first quarterly results as public c...
01:34, 2019-08-10

Uber and Ola hail interest in Addison Lee deal Uber Technologies and Ola, the Indian ride-hailing app, have expressed an interest in acquiring Addison Lee Group, potentially opening a new competit...
14:34, 2019-07-24

Uber Gets Sell-Side Green Light The ride-hailing firm has a stamp of approval from nearly every large research group despite the fact that it has yet to prove its business model can...
22:34, 2019-06-04

Uber will start banning riders with low ratings Uber said Wednesday that it will start banning riders with low ratings, a significant change to the company’s previous policies. The ride-shari...
23:17, 2019-05-29

ADHS: Confirmed cases of hepatitis A rises to 339 since November TUCSON – Arizona is one of the states currently experiencing a large outbreak of hepatitis A, according to the Arizona Department of Health Services....
20:51, 2019-06-03

As Biden rises, Lucy Flores watches from a distance Her complaints about the former vice president caused a stir, raising questions about his presidential run. Four months later, he leads in the polls ...
13:51, 2019-08-04

Sensex Rises Over 200 Points From Day's Low Amid Volatile Trade Domestic stock markets moved in a range amid volatile trade on Tuesday. The S&P BSE Sensex index was stuck in a range of 231.11 points, with 38,148.6...
07:34, 2019-07-23

Wall Street rises on Mexico relief, Dow up a sixth day U.S. stocks extended their recent climb on Monday, with the Dow reaching its longest daily winning streak in 13 months after the United States dropp...
01:34, 2019-06-11

Death toll from building collapse in Cambodia rises to 24 SIHANOUKVILLE, Cambodia (AP) — The death toll in a building collapse in Cambodia has risen to 24 and rescuers are continuing to search the rubble for...
04:17, 2019-06-24

U.S. Hiring Rises Sharply in June as Employers Add 224,000 More Jobs (WASHINGTON) — U.S. employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy’s durab...
16:00, 2019-07-05

Death Toll In Pakistan Train Collision Rises To 23 The death toll from a train collision in central Pakistan rose to 23 on Friday after several people succumbed to their injuries overnight, officials ...
08:51, 2019-07-12

US oil rises slightly amid worries over economic growth Brent oil prices edged up on Friday, supported by tensions over Iran and a decision by OPEC and its allies to extend an output supply cut deal until ...
20:51, 2019-07-05

Tension rises between Britain and Iran over tit-for-tat tanker seizures DRAMATIC AUDIO, VIDEO: Iran’s Islamic Revolutionary Guards Corps has released video showing its seizure of the British-flagged oil tanker Stena Imper...
15:17, 2019-07-22

Homelessness rises 12% in Los Angeles County, study finds LOS ANGELES — The number of homeless people counted across Los Angeles County jumped 12% over the past year to nearly 59,000, with more young and old...
06:34, 2019-06-05

EU elections turnout rises as political landscape fragments Rightwing populists expected to finish first in UK and Italy, while Netherlands and Spain embrace pro-EU messageEU election live results 2019: across...
02:34, 2019-05-27

Death roll rises to 100 as bodies found in Nile The death toll from Monday's attack on the sit-in of Sudan's pro-democracy protesters has risen to 100, after 40 bodies were recovered from the River...
20:34, 2019-06-10

Rupee Rises To 68 Levels For First Time Since April 11: 10 Things To Know The rupee rose to as much as 68.91 against the US dollar on Friday. That marked the first time the rupee appreciated to 68 levels against the greenba...
11:17, 2019-06-28

Oil rises 2% after attack on Saudi field, stimulus expectations Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen's Houthi forces threatened crude supplies and as trade...
12:00, 2019-08-20

Sensex Rises Over 80 points, Nifty Moves Above 11,850: 10 Things To Know Domestic stock markets started Friday's session on a higher note amid volatile trade, tracking mild gains in Asian peers. The S&P BSE Sensex index ro...
11:17, 2019-06-28

Anger rises after yet another wave of Brazil prison violence Fury was rising among the relatives of dozens of inmates killed in prison riots as they demanded the release of the bodies for burial, more than two ...
06:34, 2019-05-30

French all-time record temperature rises further to 45.8 degrees France saw a temperatures rise to record levels for the third time in a same day on Friday as a sweltering heatwave engulfed much of southern and cen...
20:34, 2019-06-28

Anticipation of a Rate Cut Rises Ahead of Jobs Report A bad jobs report may be just what the stock market needs to keep rallying. Some analysts say signs the labor market is weakening could nudge the Fed...
14:51, 2019-06-07

Dollar rises after Fed cuts rates, signals move is one-off The U.S. dollar rose to two-year highs on Wednesday after Federal Reserve Chair Jerome Powell, having made the first cut to interest rates since 2008...
00:34, 2019-08-01

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March'...
01:34, 2019-05-31

Travelers quarterly profit rises on higher premiums Property and casualty insurer Travelers Cos Inc reported a 6.3% rise in second-quarter profit on Tuesday, getting a boost from higher net investment ...
14:17, 2019-07-23

As death count rises in 2 US shootings, a familiar aftermath People attend a vigil for victims of Saturday’s mass shooting at a shopping complex Sunday, Aug. 4, 2019, in El Paso, Texas. (AP Photo/John Loc...
21:17, 2019-08-05

Death toll from typhoon in eastern China rises to 28 The death toll from a major typhoon in eastern China rose to 28 on Sunday, with 20 people missing, state media reported, after torrential rains trigg...
07:17, 2019-08-11

Oil rises despite IEA report showing demand growth at decade low Oil prices rose on Friday, supported by expectations of more OPEC production cuts despite the International Energy Agency (IEA) reporting demand grow...
13:34, 2019-08-09

U.S. business borrowing for equipment rises 9% in June: ELFA U.S. companies' borrowing to spend on capital investments rose 9% in June from a year earlier, the Equipment Leasing and Finance Association (ELFA) s...
00:34, 2019-07-24

Death toll in UK hospital listeria outbreak rises to six Another person has died in a listeria outbreak caused by eating contaminated food in hospital, bringing the total number of deaths to six, Public Hea...
14:17, 2019-08-01

EU hails quality of swimming water as the mercury rises BRUSSELS (AP) — With weather temperatures starting to climb, the European Commission says that 85 percent of Europe’s bathing sites have excell...
14:17, 2019-06-06

Death toll rises to 60 following Sudanese crackdown on protesters The death toll rose to 60 Tuesday following Sudanese troops having used live fire the day before to break up months-long protests for civil rule in t...
12:34, 2019-06-05

Lockheed Martin profit rises 22% on higher F-35 deliveries Lockheed Martin Corp reported a 22% rise in quarterly profit on Tuesday and raised its 2019 profit forecast for the second time this year, helped by ...
14:51, 2019-07-23

Oil rises due to firm yuan, expectations of more OPEC cuts Oil jumped more than $1 a barrel on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan ...
16:51, 2019-08-08

Rupee Rebounds From 6-Month Low, Rises 55 Paise: 10 Things To Know The rupee rebounded from the six-month low and rose as much as 55 paise or 0.77 per cent against the dollar on Wednesday. Analysts say strong domesti...
18:17, 2019-08-14

Oil rises more than 2% on firm yuan, expectations of more OPEC cuts Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency ...
05:00, 2019-08-09

Death toll from storms lashing central U.S. rises to seven The latest in a line of destructive storms pounding the central United States killed at least three people as tornadoes raked across Missouri while h...
03:00, 2019-05-24

Fire risk rises in previously too-wet-to-burn US Northwest ISSAQUAH, Wash. — Nestled in the foothills of Washington’s Cascade Mountains, the bustling Seattle suburb of Issaquah seems an unlikely candidate for...
00:51, 2019-08-07

Concern rises about possible uranium mining near Grand Canyon Federal officials are expected to rule in the next month on a petition that could eventually lead to uranium mining around the Grand Canyon, which co...
08:34, 2019-06-13

METALS-Copper rises as supply risks mount Copper prices rose on Friday, heading for their first weekly gain in nine weeks, on concerns that supply would tighten further as unionised workers a...
06:34, 2019-06-14

Dow rises 99 points led by Walmart, rebounding from worst day of 2019 Stocks rose Thursday as Walmart's earnings and strong retail sales print led investors to believe the consumer could help the U.S. avoid a reces...
20:00, 2019-08-16

US oil rises 1.2% to $58.63 per barrel, but posts worst week of 2019 Oil prices rose Friday ahead of long U.S. and UK holiday weekends, but posted their biggest weekly drop of the year, pressured by rising inventories ...
09:00, 2019-05-25

Diamondback Energy profit rises 77% on higher production Diamondback Energy Inc reported a 77% rise in quarterly adjusted profit on Tuesday, as the Permian-basin focused oil producer benefited from higher o...
23:51, 2019-08-06

Death toll from floods in south Asia rises to more than 100 More than four million displaced in India, Nepal and Bangladesh, with Assam and Bihar among the worst-hit regionsFloods have forced more than four mi...
03:00, 2019-07-16

Cost Of British Car Insurance Rises In Second Quarter-Survey The cost of an annual comprehensive motor insurance policy in Britain rose 3.5% in the second quarter of 2019, lifted by a rise in the cost of claims...
09:51, 2019-07-15

Death toll in Somalia hotel attack rises to 26 At least 26 people were killed and a further 56 injured in Friday's terror attack at a hotel in Kismayo, Somalia, Jubaland state president Ahmed Mado...
00:51, 2019-07-14

Oil rises on tensions after Middle East tanker attacks Oil prices rose on Monday after U.S. Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in t...
07:00, 2019-06-17

Snap shares climb as Bank of America sees improved revenue after viral 'gender-face-swap' filter Shares of Snapchat parent company Snap rose in premarket trading on Thursday after Bank of America said a recent spike in app downloads will drive be...
14:34, 2019-07-11

Uber Copter to Offer Flights From Lower Manhattan to J.F.K. For an 8-minute, one-way flight, the average ride will cost between $200 and $225 per person and include private ground transportation on both ends o...
23:51, 2019-06-05

Man busted for robbing Dunkin’ Donuts and fleeing in Uber A Long Island man was busted for robbing a Dunkin’ Donuts — after using an Uber as his getaway car, according to cops. Andrew Sandson, 57, is a...
17:51, 2019-06-17

Off-duty officer stabbed in Memphis after argument in Uber BARTLETT, Tenn. (AP) — Police in Tennessee say an off-duty Bartlett officer has been stabbed in the face, neck and leg by a person still being sought...
12:34, 2019-06-04

Uber, Indian Oil To Offer Fuel Discounts To Drivers Ride-hailing giant Uber on Thursday announced it is partnering with state-run Indian Oil Corp Ltd (IOCL) to offer discounts to drivers on petrol, die...
09:51, 2019-05-31

Starbucks plans nationwide delivery in the US with Uber Eats More Americans will be able to take advantage of on-demand Frappuccinos. Starbucks announced today that it's expanding its partnership with Uber...
01:34, 2019-07-24

Uber wants to sell you Echos, AirPods and Oculus headsets Uber is taking its retail offerings up a notch. Last year, the company teamed up with Cargo to let drivers hawk goods ranging from snacks to phone ch...
19:51, 2019-07-17

Colombia fines Uber more than $629,000 for obstructing regulatory visit Colombia's commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than $629,000 for obstructing a regulator...
09:00, 2019-08-13

California’s nanny state politicians might kill off Uber Uber has revolutionized the transportation industry, created a gig economy for part-time flexible employment, and improved the lives of millions of A...
21:51, 2019-08-12

Uber makes it easier to find bikes and scooters in its app As of today, when Uber customers in Atlanta and San Diego open their Uber app, they'll see Jump bikes and scooters, as well as Lime scooters, in...
01:17, 2019-07-02

No Lyft for Uber shares after results fall short Shares of Uber Inc fell 10% in early trading on Friday after the ride-hailing service missed most Wall Street targets in its quarterly earnings repor...
13:51, 2019-08-10

Uber and Lyft Are Trying to Compete with Google Maps For Some Reason When you’re trying to figure out how to get somewhere, the odds are pretty good your first move is opening Google Maps. But Uber and Lyft each want t...
05:17, 2019-07-20

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blo...
09:17, 2019-05-30

WSJ: Facebook's cryptocurrency finds backing from PayPal and Uber Facebook has secured some pretty big backers for Project Libra, according to The Wall Street Journal. PayPal, Uber, Visa and Mastercard are reportedl...
13:51, 2019-06-14

Polish payment system Blik to be available on Netflix, Uber - PPS CEO Netflix, Uber and other companies will soon accept payments using Poland's Blik, said the chief executive of Polish Payment Standard (PPS), the compa...
15:51, 2019-06-28

Dad claims he caught Uber driver raping his daughter A father claims he caught an Uber driver raping his daughter after he tracked her on a new app when she didn’t come home. The horrified dad all...
00:00, 2019-06-08

Uber Eats driver caught masturbating just after delivery An Uber Eats delivery driver was allegedly caught masturbating inside his car by the New Jersey woman to whom he’d just delivered an order, aut...
22:51, 2019-06-19

What you're watching, mutual fund scrutiny, and Uber's 'bloodbath' Netflix When you sit down to watch a TV show or movie on Netflix, you're helping fine tune the streaming giant's recommendation engine. As BI report...
23:51, 2019-08-04

Mets find a new hero after 112-mile Uber ride An Uber driver named Jason picked up his passenger at 1050 IronPigs Way in Allentown, Pa., early Wednesday evening. The rider needed to go about 112 ...
11:51, 2019-05-23

Uber Rides Get Cheaper With New Bajaj Qute Car on UberXS Uber has launched a new ride-hailing service in Bengaluru that will use miniature gas-powered cars called Qute to win over commuters stressed out by ...
12:17, 2019-06-14

Bolt won’t beat Uber by copying it – it needs to forge its own path Bolt, previously known as Taxify, is a ride-sharing app and one of Estonia‘s four unicorns (AKA startups valued at over $1 billion). On a visit to Ta...
15:51, 2019-05-23

Uber CEO’s assurances fail to stop stock slide Wall Street hit the brakes on Uber Friday — despite vows from chief executive Dara Khosrowshahi that its record $5 billion loss, reported late Thursd...
06:00, 2019-08-10

Uber falls to all-time low as investors grow more skeptical Shares of Uber continued to sink on Monday, posting its lowest close ever, after the company reported disappointing second-quarter results last week....
00:34, 2019-08-13

U.S. denies Tesla, GM, Uber 25% Chinese tariff relief The Trump administration is expanding efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc f...
03:51, 2019-06-14

‘Uber of Weed’ wants to raise $100M despite app store bans Snoop Dogg-backed cannabis company Eaze is raising a new round of financing that’s expected to value it at $800 million — despite Google trying to ki...
06:51, 2019-05-30

Uber's COO and CMO to step down as CEO Khosrowshahi takes on bigger role Khosrowshahi said he will take on a more involved role in the company, with the heads of core businesses such as Ridesharing and Uber Eats now report...
02:34, 2019-06-08

12-year-old girl took Uber alone to jump to her death, family says A 12-year-old Florida girl called an Uber to bring her to a parking garage to kill herself, and her family blamed the the company this week for her d...
16:17, 2019-06-07

Uber expands Pro perks globally, but drivers would probably prefer better pay Uber is bringing its driver-focused Uber Pro service to international markets, including Mexico and India, following a series of pilot programs.Read ...
23:51, 2019-07-02

UPDATE 1-Uber to unveil next-generation Volvo self-driving car Uber Technologies Inc on Wednesday will unveil its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without driv...
18:51, 2019-06-12

Volvo and Uber unveil autonomous production XC90 Volvo’s self-driving ready XC90 is ready for deployment in Uber’s future driverless ridesharing service Volvo has presented the fruits of its ongoin...
03:51, 2019-06-13

Uber Eats now lets you preorder the food you want to eat in a restaurant Uber has introduced a brand new feature of its food delivery service that involves absolutely no food delivery whatsoever. Instead of having a driver...
23:34, 2019-07-03

This brilliant free app tells you if it’s cheaper to take Uber or Lyft Doug Feigelson’s app Anyride has been out for a few months now, which means it’s still new enough that you might not have heard of it or ...
22:51, 2019-06-04

UPDATE 2-Uber unveils next-generation Volvo self-driving car Uber Technologies Inc on Wednesday unveiled its newest Volvo self-driving car in Washington as it works to eventually deploy vehicles without drivers...
01:01, 2019-06-13

Volvo unveils first fully self-driving vehicle for Uber Uber and automaker Volvo on Wednesday unveiled a new self-driving sport-utility vehicle they say is the next step in reaching autonomous rideshare tr...
01:01, 2019-06-13

Uber, Sun Mobility tie up to offer electric three-wheelers in India Ride hailing company Uber Technologies Inc and Bengaluru-based start-up Sun Mobility said on Wednesday they will partner to offer commuters in India ...
23:17, 2019-07-24

Uber Air flying taxi service to be trialled in Melbourne Telstra, Macquarie, Westfield-operator Scentre Group, and Melbourne Airport to help the Silicon Valley darling launch a third Uber Air pilot city and...
02:00, 2019-06-12

Polish payment system Blik to be available on Netflix, Uber: PPS CEO Netflix, Uber and other companies will soon accept payments using Poland's Blik, said the chief executive of Polish Payment Standard (PPS), the compa...
08:34, 2019-06-29

De Blasio plans to make NYC’s cap on Uber, Lyft permanent City Hall is putting the cap on Uber and Lyft — again. With the daily app-based for-hire vehicle trips nearing 800,000 per day, Mayor Bill de Blasio ...
22:34, 2019-06-12

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 CE...
20:00, 2019-05-21

Uber Must Act Against Those Who Harassed Disability Rights Activist: Centre The Centre has asked app-based cab aggregator Uber India to act against two of its drivers, who had allegedly harassed disability rights activist Arm...
18:51, 2019-07-04

Uber glitch charged some customers 100x what they expected to pay Uber riders in a number of cities around the world on Wednesday were met with some stress-inducing sticker shock when noticing the price they’d...
02:17, 2019-07-19

Uber braced for bumper tax bill as IRS and other countries investigate Taxi app firm’s ‘transfer pricing positions’ under examinationUS, UK, Netherlands and India reviewing company’s taxesUber is under investigation by U...
18:34, 2019-06-04