Latest Uber Technologies Inc News

WeWork delays its IPO amid tepid investor interest

Sep. 17, 2019 4:03 PM EDT

NEW YORK (AP) — WeWork's parent company put its stock market debut on the backburner Tuesday, struggling to drum up investor enthusiasm for a fast-growing enterprise that spread trendy communal office spaces across the globe while piling up massive losses. The We Company dropped plans to begin a so-called...

Prosecutors drop rape charges against Uber driver

Sep. 17, 2019 10:08 AM EDT

WRENTHAM, Mass. (AP) — Prosecutors have dropped the rape case against an Uber driver who had been charged with sexually assaulting a passenger because the woman declined to testify and DNA evidence excluded the defendant as a suspect. The Sun Chronicle reports that prosecutors dismissed the case against...

GM and American Airlines fall, Raytheon and Marathon gain

Sep. 16, 2019 4:31 PM EDT

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday. General Motors Co., down $1.65 to $37.21 More than 49,000 members of the United Auto Workers went on strike against the automaker. Marathon Oil Corp., up $1.47 to $14.17 Energy stocks climbed after an attack on Saudi Arabia's...

Davis' 3-run double lifts Mets over Dodgers 3-0

Sep. 14, 2019 11:21 PM EDT

NEW YORK (AP) — Rajai Davis did not need a speeding Uber for his latest big hit, one that maintained the New York Mets' slim wild-card hopes. After a brilliant pitchers' duel between the Mets' Jacob deGrom and Hyun-Jin Ryu, Davis pinch hit with two outs in the eighth inning and slapped a three-run double...

California lawmakers tackled health care, wildfire costs

Sep. 14, 2019 9:31 PM EDT

SACRAMENTO, Calif. (AP) — In their first year with a new governor, California lawmakers passed legislation aimed at guarding against financial harm from wildfires, deterring fatal police shootings and expanding health care to young immigrants living in the country illegally. That's on top of efforts...

Uber stops service at Ontario airport after fee increase

Sep. 14, 2019 11:45 AM EDT

ONTARIO, Calif. (AP) — Uber has stopped its service at Southern California's Ontario International Airport because of fee increases. The ride-hailing company ceased operations at Ontario at one minute after midnight Friday. The San Bernardino Sun says the airport east of Los Angeles recently began charging...

WeWork to list shares on Nasdaq, reduce CEO's voting power

Sep. 13, 2019 4:40 PM EDT

NEW YORK (AP) — WeWork's parent company announced major changes in its corporate governance practices Friday as it revealed plans to list shares on the Nasdaq. The office-sharing company is pressing on with its highly anticipated stock market debut — expected later this month — despite doubts...

Paris sees biggest transport strike in decade over pensions

Sep. 13, 2019 11:06 AM EDT

PARIS (AP) — The biggest strike to hit Paris public transport since 2007 created major traffic jams Friday, disrupting tourists' plans and forcing commuters to work from home or find alternative ways to reach the office. French unions were protesting plans for sweeping pension changes by President Emmanuel...

Uber to remove electric bikes and scooters from San Diego

Sep. 13, 2019 10:27 AM EDT

SAN DIEGO (AP) — A San Francisco-based company has announced it is pulling its electric bikes and scooters out of San Diego due to new regulations targeting the devices. The San Diego Union-Tribune reported Thursday that Uber is expected to continue operating at naval bases in San Diego and Point Loma, but...

South African leader drops UN visit as women protest attacks

Sep. 13, 2019 8:41 AM EDT

JOHANNESBURG (AP) — South Africa's president on Friday canceled a visit to the United Nations' annual gathering of world leaders this month to focus on unrest over gender-based violence and xenophobic attacks, while women held another protest to express their fears. Hundreds gathered outside the...