Latest Uber Technologies Inc News

Newsom names energy adviser as state's top utility regulator

Nov. 22, 2021 20:26 PM EST

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom has named his senior adviser on energy policy as the next president of the powerful state body that regulates utilities. Alice Reynolds is set to lead the five-member California Public Utilities Commission...

Shuttle proposal for Sedona hikers proposed for this spring

Nov. 21, 2021 09:49 AM EST

PHOENIX (AP) — Visitors and locals wanting to hike two of Sedona’s most popular trails might not be able to park near trailheads come spring 2022. The idea is to help reduce a problem that has plagued the area for years – ongoing complaints about congestion,...

Black entrepreneurs in Miami feel bypassed by the tech boom

Nov. 21, 2021 03:11 AM EST

MIAMI (AP) — Black hair care is often overlooked by venture capitalists, a world that remains distant from Black and Brown communities. Only 2% of venture capitalists are Black men and only 1% are Black women. Miami entrepreneur Rishielle Giscombe is undeterred. In an...

Amid crypto's Wild West, Binance says a sheriff is needed

Nov. 17, 2021 07:37 AM EST

NEW YORK (AP) — The cryptocurrency market gets likened to the Wild West by critics, and now a key player is asking for sheriffs to come to town. Binance, the world’s largest exchange for trading Bitcoin and other cryptocurrencies, says it’s time for global...

Employers eye shifting health care needs during pandemic

Nov. 15, 2021 13:59 PM EST

Health care costs rise every year, but the nation’s biggest employers still see insurance coverage as an important benefit to provide. They just struggle getting the health care system to deliver what their workers need, according to Elizabeth Mitchell, CEO of the...

Florida woman loses over $700,000 in 'grandparent scam'

Nov. 11, 2021 07:40 AM EST

TAMPA, Fla. (AP) — Investigators are asking Uber for records as they investigate the theft of more than $700,000 from an 82-year-old Florida woman who apparently fell for a “grandparent scam." Over the summer, the scammers convinced the woman that her granddaughter...

US sues Uber, saying wait fees discriminate against disabled

Nov. 10, 2021 16:23 PM EST

The federal government is suing Uber saying it discriminates against disabled people by charging fees when drivers have to wait for passengers to board their vehicles. Uber's “wait time” fees kick in two minutes after a driver arrives, and are charged until the car...

Japan's SoftBank sinks into losses over China investments

Nov. 08, 2021 03:37 AM EST

TOKYO (AP) — SoftBank Group Corp. sank into red ink for the July-September period, dragged down by losses on its investments in China, the Japanese technology conglomerate said Monday. SoftBank reported a 397.9 billion yen ($3.5 billion) loss for the fiscal second...

Expedia, Pfizer rise; Peloton, Emergent BioSolutions fall

Nov. 05, 2021 16:20 PM EDT

Stocks that traded heavily or had substantial price changes Friday: Pinterest Inc., up $2.58 to $46.22. The digital pinboard and shopping tool's third-quarter profit and revenue beat Wall Street forecasts. Expedia Inc., up $24.67...

Uber Q3 loss widens on investment losses, revenue up 72%

Nov. 04, 2021 17:42 PM EDT

SAN FRANCISCO (AP) — Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected. The San Francisco-based ride-hailing company said its...