Latest Uber Technologies Inc News

'Overwhelmed': Cops combat violent crime as ranks dwindle

Aug. 08, 2022 12:12 PM EDT

PORTLAND, Ore. (AP) — Five years after Brian Spaulding’s parents found him fatally shot in the home he shared with roommates, his slaying remains a mystery that seems increasingly unlikely to be solved as Portland, Oregon, police confront a spike in killings and more than 100 officer vacancies....

Demand for grocery delivery cools as food costs rise

Aug. 07, 2022 09:28 AM EDT

Karen Raschke, a retired attorney in New York, started getting her groceries delivered early in the pandemic. Each delivery cost $30 in fees and tips, but it was worth it to avoid the store. Then earlier this spring, Raschke learned her rent was increasing by $617 per month. Delivery...

Transit woes mount for Boston's beleaguered subway riders

Aug. 07, 2022 07:53 AM EDT

BOSTON (AP) — For Boston subway riders, it seems every week brings a new tale of transit woe. Runaway trains. Subway cars belching smoke and fire. Fatal accidents. Malfunctioning station escalators. Rush hour trains running on weekend schedules. Brand-new subway cars pulled from...

Uber's stock surges on positive trends despite big Q2 loss

Aug. 02, 2022 16:56 PM EDT

Uber's effort to meld its pioneering ride-hailing service with food and freight delivery showed progress during the past quarter even though the company sustained a huge loss stemming from a sharp decline in its outside investments. Looking past Uber's second-quarter loss of $2.6...

How major US stock indexes fared Tuesday 8/02/2022

Aug. 02, 2022 16:36 PM EDT

U.S. stocks are closing lower as Wall Street’s modest August retreat continued another day. Stocks wavered over the day as investors are unsure whether the market’s strong run in July is the start of a turnaround or a temporary blip. The S&P 500, the Nasdaq and the Dow Jones...

Caterpillar, JetBlue fall; Uber, SunPower rise

Aug. 02, 2022 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Caterpillar Inc., down $11.35 to $183.51. The construction equipment maker's second-quarter revenue fell short of Wall Street forecasts. Uber Technologies Inc., up...

Ride-sharing apps rise in Venezuela as public transit decays

Jul. 30, 2022 13:33 PM EDT

CARACAS, Venezuela (AP) — Ride-sharing apps like Uber, DiDi and Lyft may have driven across much of the globe, but they haven't yet rolled into Venezuela, where U.S. sanctions and years of hyperinflation and other woes made it difficult to operate. So a handful of local...

Judge: Uber doesn't have to offer wheelchair accessibility

Jul. 26, 2022 18:43 PM EDT

SAN FRANCISCO (AP) — A California federal judge has rejected a legal push to require Uber to provide wheelchair-accessible vehicles, finding that such a mandate would be too onerous on the ride-hailing company. U.S. District Chief Judge Richard Seeborg ruled Monday in San Francisco...

With Italy's Draghi toppled, populists campaign in fast gear

Jul. 22, 2022 13:16 PM EDT

ROME (AP) — The ink had barely dried on a presidential decree putting a premature end to the Italian Parliament's term, but that didn't keep Italy's politicians from rushing into campaign mode Friday following the collapse of Premier Mario Draghi’s government. Perhaps the...

Democrats widen scrutiny of tech over abortion data privacy

Jul. 22, 2022 11:46 AM EDT

WASHINGTON (AP) — Democratic representatives are widening their scrutiny into the role of tech companies in collecting the personal data of people who may be seeking an abortion, as lawmakers, regulators and the Biden administration grapple with the aftermath of the Supreme Court ruling last...