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The Latest Breaking News from Uber

What Are Whales Doing With Uber Technologies

A whale with a lot of money to spend has taken a noticeably bearish stance on Uber Technologies. Looking at options history for Uber Technologies (NYSE:UBER) we detected 14 strange trades.

Benzinga

Better Tips For Uber Drivers, Consider Getting A Tesla

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well.

Benzinga

Tesla And Hertz Help Uber Drivers Save Money With 15K EV Rentals

Some 15,000 Uber rideshare drivers in cities across the US have rented Tesla's EVs through Hertz. It seems they're happy with the vehicles and the savings.

InsideEVs

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What's driving Uber's historic agreement with the TWU on gig work

Uber Australia has struck a historic agreement with the Transport Workers’ Union – a statement of principles that re-regulate work in the Australian rideshare and food delivery industry.

The Conversation

Landmark gig worker protection agreement struck between Uber and Transport Workers' Union

The landmark agreement comes after a family was this week awarded $830,000 as compensation after their son was killed while working as a food delivery driver in Sydney.

ABC News

Surging Gas Prices Make Tesla An Attractive Option For Some Uber, Lyft Drivers - Read How

Some Uber Technologies, Inc (NYSE: UBER) and Lyft, Inc (NASDAQ: LYFT) drivers found renting or buying a Tesla, Inc (NASDAQ:

Benzinga

Uber and Transport Workers’ Union strike agreement on gig economy employment standards

Ride-sharing giant and union support an independent regulatory body to create industry-wide standards and resolve disputes

The Guardian - AU

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Sex toys and false teeth: The weirdest things left behind in Ubers this year

London was named the most forgetful city in the UK

The Independent UK

Petrol, Netflix And RATs: Here’s All The WFH Expenses The ATO Is Cracking Down On This Tax Szn

Tax savvy girlies beware

Pedestrian.tv

Chicago gig workers who rely on cars make changes as gas prices stay high

Ride-hailing drivers and food delivery workers in Chicago are adjusting their driving habits to make up for the rising cost of fuel.

Chicago Sun-Times

Antyesti in Brooklyn, for my father

I went to New York to perform this final ritual for my father, unable to move fearlessly as I once did

Salon

3 Beaten-Down Stocks That Are Still Overvalued

Investors’ concerns over an upcoming recession due to the Fed’s continued monetary policy tightening have led to a massive tech sell-off lately. Although the industry’s long-term growth prospects should help fundamentally sound stocks rebound soon, it is best to avoid beaten-down stocks, Uber Technologies (UBER), Shopify (SHOP), and Snowflake (SNOW),…

StockNews.com

Sex toys and false teeth: The weirdest things left behind in Ubers this year

London was named the most forgetful city in the UK

The Independent UK

‘Speed is the new currency’: Woolworths launches super-fast delivery service

Woolworths is stepping up its delivery game with a new app in partnership with Uber that promises to deliver groceries within an hour.

The New Daily

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Dublin Live

Dublin taxi driver calls on Government to meet drivers over lack of cabs

It comes as the Covid pandemic saw a decrease in the number of taxis and by the end of 2020, there were just 19,350 taxis on the road in Ireland

Benzinga

This Is What Whales Are Betting On Uber Technologies

Someone with a lot of money to spend has taken a bearish stance on Uber Technologies (NYSE:UBER). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Daily Mirror

Uber charge customer £64 for four minute journey during rail strikes

Uber hiked its prices amid a spike in demand, as rail strikes took place this week - but one customer vented their frustration at how much a four minute journey was going to cost

The Conversation

Why Uber drivers aren't unionizing in Québec

As of mid-June, the Uber platform will extend its services to the entire province of Québec. On a global scale, Uber is in nearly 10,000 cities and 71 countries and has more than 3.5 million workers.

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Benzinga

Benzinga Before The Bell: Tesla's Cybertruck Update, Twitter's New Feature, Netflix's Ad-Tier And Other Top Financial Stories Thursday, June 23

CNBC Pilot Shortage Pushes American Airlines To Quit Services In 4 Cities

Benzinga

Uber Had Weighed Strategic Options For Indian Business At One Point

Uber Technologies, Inc (NYSE:UBER) had weighed strategic options for its Indian ride-hailing business, including a sale, but suspended discussions following the meltdown in tech startup valuations, the Bloomberg reports. Uber began weighing alternatives, including a stock swap with local companies or a pullout, before a global equity market selloff spoilt the plans.…

The Independent UK

Sex toys and false teeth: The weirdest things left behind in Ubers this year

London was named the most forgetful city in the UK

Tribune News Service

Allison Schrager: Inflation ate your free lunch, but you’re still better off

Believe it or not, we live in the best of times. It’s been a crazy few decades, with a pandemic, rising inequality, slowing growth and productivity, and major changes in the economy. But generally, most people experienced huge gains in living standards. We shudder to think what life was like…

The Independent UK

Gas prices sting US workers who depend on their cars

Millions of Americans who rely on their cars for work are changing their habits, signing up for carpools or even ditching their cars for bicycles as gas prices recently hit $5 per gallon for the first time ever

Benzinga

Needham Expresses Bullishness On US Ride-Share Industry; Uber Remains On Conviction List

Needham analyst Bernie Mcternan forecasted a 24% 3-year CAGR for U.S. ride-share bookings through 2025, down from the 45% CAGR in the three years heading into the pandemic. Company data, industry reports, and a proprietary survey of 500+ U.S. consumers supported the forecast.

Benzinga

Uber, Lyft Drivers File Antitrust Case Against Ride Hailing Companies

A group of Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers slapped an antitrust lawsuit on the companies for unfairly controlling passenger fares. The drivers claimed that lower consumer fares would provide them with "the most competitive compensation." The suit adds that companies hurt driver earnings by charging higher fares to the customers. The lawsuit…

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