Latest Uber Technologies Inc News

Uber resumes operating in Colombia after three-week hiatus

Feb. 20, 2020 11:27 AM EST

BOGOTA, Colombia (AP) — Uber restarted operations in Colombia on Thursday after shutting down its app for almost three weeks. In a statement, the platform said it had found “new alternatives” to work legally in the South American country. Uber said that from now on, its app will help users...

This Oct. 20, 2019 photo released by  412 Food Rescue shows a volunteer using the Food Rescue Hero app to check in at a Pittsburgh grocery store to pick up donated food. While millions of people struggle with food insecurity and hunger nationwide, the USDA estimates that more than 30% of the food in America is wasted each year.  (Monica Godfrey-Garrison/412 Food Rescue via AP)

Apps help volunteers get excess food to the hungry

Feb. 18, 2020 12:48 PM EST

Food waste and hunger are two enormous problems that some non-profit groups say can be addressed together by getting the extra food to the people who need it. New apps are making that easier. The USDA estimates that more than 30% of the food in America is wasted each year. Besides food waste at home, there is...

This Sunday, Feb. 16, 2020 booking photo provided by the New Orleans Police Department shows Ahmad Ahmad. Ahmad was arrested after New Orleans police said he fired shots at passengers on Sunday. Police said in a statement that an argument had erupted when the passengers told Ahmad he was driving the wrong direction. (New Orleans Police Department via AP)

Police: Uber driver who drove wrong way shoots at passengers

Feb. 18, 2020 9:09 AM EST

NEW ORLEANS (AP) — An Uber driver accused of firing shots at passengers who told him he was driving the wrong direction has been arrested in Louisiana. Ahmad Ahmad, 53, picked up the passengers after midnight Sunday morning from a bar in New Orleans, news outlets reported. They requested that he take...

Jimmie Johnson, center, takes part in a radio interview during NASCAR Daytona 500 auto racing media day at Daytona International Speedway, Wednesday, Feb. 12, 2020, in Daytona Beach, Fla. (AP Photo/John Raoux)

DAYTONA NOTEBOOK: Jimmie Johnson mulls his 2021 options

Feb. 12, 2020 5:21 PM EST

DAYTONA BEACH, Fla. (AP) — Jimmie Johnson has eyes on a possible IndyCar ride. Oh, and Formula One. Sports cars, mountain bikes, off-road racing, downhill skiing, just about any mode of transport that goes fast. Just don't expect the seven-time NASCAR champion to make his 2021 plans any time soon. Like...

FILE - In this Feb. 6, 2020, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Feb. 12. (AP Photo/Richard Drew, File)

Solid earnings send stock indexes higher on Wall Street

Feb. 12, 2020 5:11 PM EST

Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic impact of the...

In this Jan. 20, 2020, photo, people walk in front of SoftBank store in Ginza shopping district in Tokyo. Japanese technology conglomerate SoftBank Group Corp. said Wednesday, Feb. 12, 2020 its profit for last quarter dropped amid worries about the perceived risk of its investments into companies like WeWork.  (AP Photo/Eugene Hoshiko)

SoftBank's profit drop amid WeWork worries, Sprint approval

Feb. 12, 2020 3:02 AM EST

TOKYO (AP) — Japanese technology conglomerate SoftBank Group Corp. said its profit for the last quarter dropped amid worries about the perceived risk of its investments into companies like WeWork. Tokyo-based SoftBank said Wednesday its profit for the October-December quarter stood at 55 billion yen ($500...

FILE - In this July 9, 2019, file photo a Lyft ride-share car waits at a stoplight in Sacramento, Calif. Ride-hailing service Lyft's annual loss more than doubled last year to over $2.6 billion, but the company claimed progress as revenue jumped 68% and ridership grew. (AP Photo/Rich Pedroncelli, File)

Lyft posts $2.6B 2019 loss, keeps 4Q 2021 profit forecast

Feb. 11, 2020 7:12 PM EST

Ride-hailing service Lyft is sticking with its prediction that it will be profitable by the end of next year. This while its annual loss more than doubled in 2019 to over $2.6 billion. But the San Francisco company's annual revenue jumped 68% and ridership grew. Lyft's prediction of a profit in the fourth quarter...

FILE - In this Dec. 18, 2019, file photo, passengers find their rides at the Ride Share point as they exit Phoenix Sky Harbor International Airport in Phoenix. A dispute between ride-hailing companies and the city of Phoenix deepened on Monday, Feb. 10, 2020, as Arizona state lawmakers introduced legislation that would bar raising fees on Uber and Lyft at Sky Harbor airport. (AP Photo/Ross D. Franklin, File)

Growing dispute over ride-hailing apps and Phoenix airport

Feb. 10, 2020 9:07 PM EST

PHOENIX (AP) — A dispute between ride-hailing companies and the city of Phoenix deepened on Monday, as Arizona state lawmakers introduced legislation that would bar raising fees on Uber and Lyft at Sky Harbor airport. The latest salvo in the growing fight is an attempt by state lawmakers to keep a...

FILE — In this Aug. 28, 2019 file photo supporters of a measure to limit when companies can label workers as independent contractors circle the Capitol during a rally in Sacramento, Calif. U.S. District Judge Dolly Gee denied a request by ride-share company Uber and on-demand a request delivery service Postmates for a preliminary injunction protecting them from the new law aimed at giving protections to people who work as independent contractors, Monday, Feb.10, 2020. (AP Photo/Rich Pedroncelli, File)

Judge stalls Uber, Postmates challenge to California job law

Feb. 10, 2020 8:17 PM EST

SACRAMENTO, Calif. (AP) — A federal judge on Monday refused to exempt ride-hailing company Uber and on-demand meal delivery service Postmates from a broad new California labor law while she considers their lawsuit. U.S. District Judge Dolly Gee in Los Angeles denied the companies' request for a preliminary...

FILE - This  Jan. 31, 2020 file photo shows a sign for Wall Street in New York.  Stocks are getting off to a weak start, Friday, Feb. 7, despite a strong jobs report. Thanks to rallies over the past few days, the market is still on pace for its best weekly gain since last June.(AP Photo/Mark Lennihan, File)

S&P 500 slips for first time this week as momentum stalls

Feb. 7, 2020 4:58 PM EST

Wall Street closed out the market’s best week in eight months Friday with a broad slide as technology and health care stocks gave back some of their recent gains. The pullback, which followed a sell-off in markets around the world, snapped a four-day winning streak for the major U.S. stock indexes. Even...