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The Latest Breaking News from Uber

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.…

Benzinga

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

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…

Tribune News Service

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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

The Independent UK

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…

Benzinga

Super Pumped review: Drama about Uber’s former head honcho is low-calorie entertainment of the highest order

Instead of offering genuine suspense, this Paramount+ show gives us a grab bag of gimmicks

The Independent UK

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Top hire for taxi tech firm owned by Uber

Autocab provides taxi dispatch software and was bought by Uber in 2020

Birmingham Post

Train strikes: Gatwick passengers improvise with Uber after first airport train fails to appear

From 7am onwards, Sussex airport has eight trains an hour to London

The Independent UK

Uber: Unions and drivers have an 'agenda'

The Employment Court is hearing the inner workings of Uber’s relationship with drivers, as it considers whether they are genuinely independent contractors, or employees of the company, Re

Newsroom.co.nz

Lawyer shot dead in Uber on way to airport with his mother

‘I can’t explain the pain, the heaviness I have in my heart,’ his mother wrote in a Facebook post

The Independent UK

Weirdest, and most common, things left behind in Ubers this year

The lost list includes marbles and a set of teeth

Wales Online

‘I have no free time’: people top up wages with extra work in cost of living crisis

Workers are finding their earnings from full-time employment are no longer sufficient to make ends meet

The Guardian - UK

Diner tests if it's faster to pick up your own McDonald's than use Uber Eats

Emma placed an Uber order then jumped in her car to see if she could drive to her local branch and back any faster

Wales Online

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Manchester Evening News

I raced against Uber Eats to pick up my McDonald's, this is what happened

With customers complaining about deliveries causing delays in restaurants, we sampled it for ourselves

Benzinga

Tired Of DoorDash Drivers Stealing Your Fries? This Company Provides A Fix

Circuit Route Planner is a route optimization app targeted toward delivery drivers who work for companies such as UberEats, part of Uber Technologies Inc (NYSE: UBER), DoorDash Inc (NYSE:

Benzinga

Uber Technologies Whale Trades For June 17

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.

Wales Online

Chippy battered by one-star review from customer who didn't even eat there fights back

'Go moan elsewhere. thanks'

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Benzinga

Why Uber Technologies Stock Is Falling Today

Uber Technologies Inc (NYSE: UBER) shares are trading lower Thursday amid overall market weakness as stocks fall following Wednesday's Fed rate hike announcement.

Evening Standard

Three quarters of London workers worry about air quality says new poll

Uber for Business research comes at it launches a new CO2 emissions tracker

Los Angeles Times

Michael Hiltzik: Uber, Lyft's attempt to gut labor law for their own benefit hits a roadblock in Massachusetts

Following their successful effort to gull California voters into endorsing their method of exploiting their drivers and field workers, Uber, Lyft and other gig companies expanded their campaign to gut labor protections into other states.

Benzinga

Looking At Uber Technologies's Recent Whale Trades

Reason

Trade Associations, Chamber of Commerce Warn of Danger in Data Privacy Bill

Plus: Purity politics, the end of the "millennial consumer subsidy," an unhappy outcome for folks seeking to free Happy the elephant, and more...

Ballotpedia

Massachusetts Supreme Court disqualifies app-based drivers initiative from November ballot

On June 14, the Massachusetts Supreme Court issued a ruling disqualifying the app-based drivers initiative backed by Lyft, Instacart, DoorDash, and Uber, from the November ballot.

WEKU

Why some of the country's top CEOs fear a recession is coming

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

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