Uber Is Closing a Business It Bought for Over $1 Billion Three Years Ago

[ad_1] Jan. 16, 2024 11:01 am ET Uber said it’s shutting down Drizly, the alcohol-delivery service it acquired for $1.1 billion in 2021. Drizly said Monday that it would accept…

Why Can’t Italy’s Economy Get Into Gear? Consider the Taxi Line

[ad_1] Updated Dec. 26, 2023 12:04 am ET MILAN—Finding a taxi in Italy’s financial capital when it is raining involves long lines and patience. During trade fairs and fashion shows…

Uber is officially an adult company, in large part due to CEO Dara Khosrowshahi

[ad_1] The transition of Uber Technologies into a fully adult company, as it joins the S&P 500 index, is largely due to the leadership of Chief Executive Dara Khosrowshahi. It…

Uber, Jabil, Builders FirstSource to Join S&P 500

[ad_1] Uber Technologies, Jabil and Builders FirstSource will join the S&P 500, S&P Global said Friday. The three will replace Sealed Air, Alaska Air Group and SolarEdge Technologies in the…

GM’s Self-Driving Car Unit Skids Off Course

[ad_1] GM’s self-driving car division was once one of the bright spots in the tenure of CEO Mary Barra. Now both of its co-founders have quit and it is grappling…

The Score: Uber, Warner Bros. Discovery, Take-Two Interactive Software and More Stocks That Defined the Week

[ad_1] The Score is a weekly review of the biggest stock moves and the news that drove them. Uber Technologies Uber and Lyft’s latest earnings told a tale of two…

Uber, Lyft to Pay New York $328 Million Over Wage-Theft Claims

[ad_1] Uber and Lyft have agreed to pay a combined $328 million to resolve the New York attorney general’s allegations that the ride-hailing giants cheated drivers out of their wages.…

Visa, Mastercard Want a Slice of Africa’s Mobile Money

[ad_1] Oct. 18, 2023 11:00 pm ET Listen to article (2 minutes) JOHANNESBURG—African fintech companies have found creative ways to help the continent’s consumers spend their money. Traditional payments companies…

The Market-Beating Investment That’s Defying Wall Street Skeptics

[ad_1] Rising interest rates are boosting risky corporate-loan returns instead of hurting them. [ad_2] Source link

Who Should Eat the Cost of Pricier Delivery Menus?

[ad_1] Persuading establishments to rethink higher delivery prices is proving challenging for the food-delivery app. [ad_2] Source link