Uber

Uber CEO Dara Khosrowshahi
Richard Drew/AP
May 13, 2019 - 11:40 am
NEW YORK (AP) — Uber shares were down 8% in morning trading and dipped below $38 after the opening bell. Monday was the first full day of trading for the ride-hailing company after its rocky debut on the stock market Friday. Its shares had been priced at $45 each. It's rare to see shares in a tech...
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FILE - In this Wednesday, May, 8, 2019 file photo, drivers for ride-hailing companies Uber and Lyft hold a rally at a park near Los Angeles International Airport.
Damian Dovarganes/AP Photo
May 11, 2019 - 4:37 pm
SAN FRANCISCO (AP) — A fare war between Uber and Lyft has led to billions of dollars in losses for both ride-hailing companies as they fight for passengers and drivers. But in one way it has been good for investors who snatched up the newly public companies' stock: The losses have scared off the...
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Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019.
FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 10, 2019 - 5:47 pm
By Cathy Bussewitz, Michael Liedtke, Tom Krisher NEW YORK (AP) — After much hype leading up to the largest initial public offering in five years, Uber hit a few potholes on its first day of trading, closing down 8% and reflecting lingering doubts about its future prospects for profitability. The...
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The statue of Fearless Girl stands in front of the New York Stock Exchange before Uber, the world's largest ride-hailing service, holds its initial public offering, Friday, May 10, 2019.
Mark Lennihan/AP Photo
May 10, 2019 - 12:51 pm
By Cathy Bussewitz, Michael Liedtke and Tom Krisher AP Business Writers NEW YORK (AP) — Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets. The ride-hailing giant sold shares in the IPO at $45...
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Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019.
FILE - This March 20, 2018, file photo shows the Uber app on an iPad in Baltimore. Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. Uber's shares begin trading on the New York Stock Exchange, Friday, May 10, 2019. (AP Photo/Patrick Semansky, File)
May 09, 2019 - 5:40 pm
SAN FRANCISCO (AP) — Uber is about to embark on a wild ride on Wall Street with the biggest and most hotly debated IPO in years. The world's leading ride-hailing service set the stage for its long-awaited arrival on the stock market by pricing its initial public offering at $45 per share late...
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Philadelphias Uber hub near PHL airport
Tim Jimenez/KYW Newsradio
Tim Jimenez
May 08, 2019 - 6:46 am
UPDATE: 1:48 p.m. PHILADELPHIA (KYW Newsradio) — Unions representing Uber and Lyft drivers are calling a national day of action on Wednesday, pushing for many of those drivers to stay off the road, and encouraging riders to do the same. Philadelphia drivers gathered to protest at the Uber hub near...
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Roberto Rodriguez.
Newark Police Department
Jay Scott Smith
May 06, 2019 - 7:28 pm
PHILADELPHIA (KYW Newsradio) — A Delaware man is facing a number of charges after allegedly posing as an Uber driver and sexually assaulting a 21-year-old woman. 41-year-old Roberto Rodriguez is accused of luring an intoxicated 21-year-old woman into his pickup truck early Sunday morning and...
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Police Light Generic
Dreamstime
May 04, 2019 - 9:39 am
PHILADELPHIA (KYW Newsradio) -- Newark Police say a man pretending to be a driver for a ride-hailing service held a woman at knifepoint and sexually assaulted her near the University of Delaware. Authorities say the 21-year-old victim was walking near South Chapel Street and Delaware Avenue around...
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Uber app
Richard Drew/AP, file
April 26, 2019 - 1:45 pm
NEW YORK (AP) — Ride-hailing giant Uber is aiming to raise $9 billion in its mammoth initial public stock offering that, while smaller than initially expected, still dwarfs most stock market debuts. The San Francisco-based company expects to be valued at $80.5 billion to $91.5 billion, falling well...
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In this Tuesday, Jan. 31, 2017, file photo, the Slack app is displayed on a mobile phone in New York.
Mark Lennihan/AP Photo, File
April 26, 2019 - 12:15 pm
NEW YORK (AP) — Work messaging platform Slack is taking the next step in filing to go public, the latest in several highly anticipated tech IPOs. In documents posted with the Securities and Exchange Commission Friday, Slack Technologies Inc. says it posted a loss of $138.9 million on revenue of $...
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