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Uber tanks more than 10%, falling below $38 per share, after disappointing debut https://www.cnbc.com/2019/05/13/uber-falls-another-7percent-after-disappointing-debut.html May 13, 2019 - Uber fall below $38 per share on its second day of trading.
Stocks making the biggest moves premarket: Disney, Teva Pharmaceuticals, Uber & more https://www.cnbc.com/2019/05/13/stocks-making-the-biggest-moves-premarket-disney-teva-pharmaceuticals-uber-pinterest-more.html May 13, 2019 - Names on the move ahead of the open.
DealBook Briefing: Uber Bombed. Now What? https://www.nytimes.com/2019/05/13/business/dealbook/uber-ipo.html?partner=rss&emc=rss May 13, 2019 - It tumbled 7.6 percent from its I.P.O. price on Friday. Now all eyes are on its second day on the public stock markets.
Why Uber Is Fighting Cities Over Data About Scooter Trips https://www.wired.com/story/why-uber-fighting-cities-data-about-scooters May 13, 2019 - Los Angeles and other cities want detailed data on the shared scooters on their streets. Uber, Lyft and other companies fear a Trojan horse that could affect ride-hailing.
This Silicon Valley tech exec flew 7,000 miles to take his internet company public in Australia https://www.cnbc.com/2019/05/12/life360-went-public-on-the-australian-securities-exchange.html May 12, 2019 - Life360, a San Francisco social media company, went public this week on the Australian Securities Exchange.
Uber driver allegedly tells two female passengers ‘you’re not going anywhere’ and tries to trap them in his car http://www.nydailynews.com/news/crime/ny-uber-driver-arrrested-kidnapping-charges-pittsburgh-20190512-y65hbacuyzdwnlnsvfcpo5qfiy-story.html May 12, 2019 -

An Uber driver was charged with kidnapping after he allegedly tried to lock two women in his car in Pittsburgh, police said.

The driver, identified by a Pittsburgh police spokesman as Richard Lomotey, was arrested early Saturday following the incident around 1:30 a.m., cops said.

The women told...

Uber's Underwhelming IPO, Lyft Earnings and More Car News This Week https://www.wired.com/story/ubers-underwhelming-ipo-lyft-earnings-more-car-news May 12, 2019 - A decade after it was founded, Uber went public. Its shares fell almost 8% on their first day of trading.
Posthumous degree awarded to college senior who was kidnapped, killed getting into car she thought was her Uber http://www.nydailynews.com/news/national/ny-university-south-carolina-posthumous-degree-samantha-josephson-20190512-wq7dm7izgnau7nijgcdfv5lxfy-story.html May 12, 2019 -

University of South Carolina has awarded a posthumous degree to Samantha Josephson after she was abducted and killed by a man she originally thought to be her Uber driver.

Robbinsville, N.J., native Josephson, 21, was slated to attend law school at Drexel University, but was killed on March 29,...

Barron's Picks And Pans: Community Health, GM, JB Hunt, Uber, UPS And More http://feeds.benzinga.com/~r/benzinga/~3/f-Qm7AM9jNY/barrons-picks-and-pans-community-health-gm-jb-hunt-uber-ups-and-more May 11, 2019 -
  • This weekend's Barron's cover story offers seven dividend stock picks for volatile times.
  • Other featured articles have picks from the Sohn Conference and examine a little-known key to better stock performance.

read more

Uber fares are cheap, thanks to venture capital. But is that free ride ending? http://www.latimes.com/business/technology/la-fi-tn-uber-ipo-lyft-fare-increase-20190511-story.html May 10, 2019 -

The 2010s have been the decade of the subsidized ride.

Uber and Lyft duked it out on the streets of American cities, burning mountains of venture capital to keep fares low in the hopes of winning the battle for market share. The costs were steep: Lyft lost nearly $1 billion in 2018; Uber, with...

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