The Latest Breaking News from Uber

What Is EBITDA?EBITDA is the acronym for earnings before interest, taxes, depreciation, and amortization. As its name implies, it is income before interest expenses, tax payments, and costs for depreciation, and amortization are deducted. For companies that are highly leveraged (having a lot more ...

Ex-Red Gregor Robertson was so drunk he was 'struggling to walk'

‘Please make sure your drivers know the difference between the two,’ wrote the comedian

Shares of Uber (UBER) and Lyft (LYFT) are trading significantly lower compared to their record highs making them an intriguing possible investment for the contrarian investor. While the upside potential for both ride-hailing giants is compelling, let’s see which between the two stocks should you purchase right now.

Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (LYFT) shares are trading higher after KeyBanc maintained bullish ratings on the stocks and adjusted its price targets, respectively.

Uber has announced it is acquiring the Australian-owned peer-to-peer car sharing platform Car Next Door.

Hims & Hers Health Inc (NYSE:HIMS) has appointed Yemi Okupe as its Chief Financial Officer, effective January 24, 2022. From 2019 to 2021, Okupe served as a Divisional CFO at Uber Technologies Inc (NYSE:UBER), first in charge of UberEats and later of Uber's global mobility unit. Since June 2021, Okupe has served as CFO of…

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8%. Nowak updated his models and rolled forward valuations among his Internet sector coverage.  Heading into 2022, Nowak said he remains…

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Investors’ concerns over looming interest rate hikes to control inflation have caused many quality stocks to trade at reasonable prices. So, insiders at many companies with quality stocks are scooping up shares. Cases in point are Uber (UBER), Asana (ASAN), and Luminar (LAZR). So, we think it could be worth…

California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019