Latest Uber Technologies Inc News

New Jersey seeks $640M from Uber for misclassifying workers

Nov. 14, 2019 5:22 PM EST

TRENTON, N.J. (AP) — New Jersey is seeking more than $640 million from Uber in taxes and penalties, saying the ride-hailing company misclassified its drivers as independent contractors. The decision is the latest setback for Uber and other companies in the so-called “gig economy” that rely...

Suit seeks to block Michigan restrictions on helping voters

Nov. 13, 2019 12:34 PM EST

LANSING, Mich. (AP) — A Democratic group is challenging Michigan’s restrictions on transporting voters to the polls and helping people apply for absentee ballots, asking a federal judge to declare the laws unconstitutional and to block their enforcement. The lawsuit, brought late Tuesday, was the...

Truckers file 1st suit contesting California gig economy law

Nov. 12, 2019 9:24 PM EST

SACRAMENTO, Calif. (AP) — The California Trucking Association on Tuesday filed what appears to be the first lawsuit challenging a sweeping new labor law that seeks to give wage and benefit protections to workers in the so-called gig economy, including rideshare drivers at companies such as Uber and Lyft....

Brazil launches job program amid mass unemployment

Nov. 11, 2019 7:43 PM EST

BRASILIA, Brazil (AP) — President Jair Bolsonaro launched a jobs program Monday largely based on tax reductions as Brazil struggles to put more than 12 million people back to work. The pension and labor secretary said the administration aims to create 1.8 million jobs for people ages 18-29 and almost 1...

Uber CEO walks back comment on Saudi writer's slaying

Nov. 11, 2019 3:07 PM EST

NEW YORK (AP) — Uber CEO Dara Khosrowshahi is being criticized for calling the murder of a Washington Post columnist "a mistake" and comparing it to the death of a pedestrian struck by one of the company's autonomous vehicles. Khosrowshahi later said he regretted his comments, made during an interview with...

Report on Uber crash questions testing of self-driving cars

Nov. 7, 2019 6:43 PM EST

DETROIT (AP) — Documents released this week by a federal agency raise questions about whether a self-driving Uber SUV that ran down a pedestrian last year should have been allowed on public roads for test purposes. A National Transportation Safety Board report on the March 18, 2018 crash in Tempe, Arizona,...

New NTSB report in fatal crash involving self-driving car

Nov. 6, 2019 11:16 PM EST

PHOENIX (AP) — A new federal report into last year's fatal crash involving a self-driving car in suburban Phoenix says the Uber vehicle couldn't anticipate the actions of jaywalkers. The National Transportation Safety Board report also says the SUV wasn't designed to slam on the brakes to reduce the...

Japan's Softbank posts big losses after WeWork debacle

Nov. 6, 2019 12:51 PM EST

TOKYO (AP) — SoftBank, the Japanese technology conglomerate famous for seismic and visionary bets, has lost $4.7 billion in the WeWork debacle, the company said Wednesday. SoftBank posted losses of 700 billion yen ($6.4 billion) in the July-September quarter, with the damage coming largely from its Vision...

Asia stocks mixed on possible US-China trade snag

Nov. 5, 2019 11:47 PM EST

BEIJING (AP) — Asian stock markets were mixed Wednesday after investors were rattled by a possible snag in a U.S.-Chinese trade truce following reports Beijing wants Washington to life punitive tariffs. Shanghai and Sydney declined while Tokyo and Hong Kong advanced. Beijing wants 15% tariffs imposed in...

World shares rise on hopes for easing in US-China tensions

Nov. 5, 2019 7:28 AM EST

BANGKOK (AP) — World stocks rose Tuesday on hopes for progress in the U.S.-China trade dispute, which have helped push the Dow Jones Industrial Average to a record high. Germany's DAX edged almost 0.1% higher to 13,139 while the CAC 40 in Paris was up 0.2% at 5,835. Britain's FTSE 100 gained 0.3% to 7,388....