Dara Khosrowshahi, CEO of Uber, speaking at the 2019 Deal Book Conference in New York on November 6, 2019. Samuel Quorum | Deal Book Investors are suddenly optimistic about Uber. Shares rose more than 7% on Monday and closed above their $ 45d IPL price for the first time since …
Read More »Uber Earnings Q32020
Uber shares initially fell after hours on Thursday as the company reported third-quarter earnings that fell short of Wall Street expectations, but the company’s earnings rebounded during a call when the CEO said its main ride-hilling gender business would fully recover from Covid 19. . Nationwide epidemic. Here’s how the …
Read More »The CDC has issued a ‘strict recommendation’ for a mask mandate on aircraft and trains
People wear face masks and masks while waiting for their flight at Dallas / Fort Worth International Airport in Dallas, TX on July 27, 2020. Erin Clark | Boston Globe | Getty Images On Monday, the U.S. Department of Disease Control and Prevention The centers issued a “strong recommendation” that …
Read More »Uber, Lyft granted temporary release after threats to close in California
A traveler checks his phone next to an Uber sign, August 20, 2020 at Los Angeles International Airport in Los Angeles, California. Robyn Beck | AFP | Getty Images An appeals court in California has extended the length of time Uber and Lyft must comply with an assignment that requires …
Read More »Lyft will discontinue service in California after ordering to classify drivers as employees
A driver wears his face mask as Uber and Lyft drivers with Rideshare Drivers United and the Transport Workers Union of America carry out a ‘caravan protest’ outside the California Department of Labor’s office amid the April 16 coronavirus pandemic 2020 in Los Angeles, California. (Photo by Mario Tama / …
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