(Bloomberg) -- New Jersey Transit, the much-maligned rail system linking the state with New York City, emerged as a surprise winner in this year’s FIFA World Cup. But it came at a significant cost. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Sunteck Realty Ltd (BOM:512179) reports robust financial performance with a 20% increase in pre-sales and a 40% rise in EBITDA, despite uncertainties in project launches.
July 22 (Reuters) - A federal judge has ruled that New York City cannot prohibit Uber Technologies and Lyft from deactivating drivers from their apps without advance notice, ruling that the novel law is unconstitutional. District Judge Gregory Woods in Manhattan said in a written ruling on Tuesday that the city's law adopted earlier this year benefits a small fraction of drivers while interfering with the ride-hailing companies' right to police the safety of their platforms.
Expedia Group will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Domino's Pizza Inc (DPZ) sees robust order growth and global expansion, despite facing competitive pressures and economic headwinds.
Investing.com -- Rising consumption costs could slow enterprise adoption of generative and agentic artificial intelligence, as companies struggle to match growing token usage with measurable returns, Bernstein said in an analyst report.
Find insight on Tesla’s robotaxi deployment, Uber, Volvo and more in the latest Market Talks covering auto and transport.
Uber Technologies is prepared to post its second-quarter results in August, with analysts predicting a double-digit earnings growth.
Find insight on Uber Technologies, Volvo, United Airlines and more in the latest Market Talks covering auto and transport.
July 16 - Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition. The transaction continues a consolidation spurred by a slowdown in orders from the pandemic peaks as well as pressure to improve margins. Here are details on how the food-delivery companies stack up globally: Company Region Revenue Employees Market Notes cap DoorDash USA/Global $13.71 billion 31,400 $82.86 Purchased in fiscal 2025 employees billio Deliveroo for worldwide, n $3.9 billion as of in 2025 December 31, 2025 Meituan China 364.85 billion 111,298 $68.70 About 3.3% yuan ($53.91 full-time billio o...
Uber stock was slightly higher after the company announced a deal for Delivery Hero, following weeks of negotiations.
Uber is buying Delivery Hero in a deal valued at $14.8 billion but shareholders are more interested in a different part of its business.
The offer of €41.50 per share expands Uber's combined platform to 99 markets with $236 billion in gross bookings
Find insight on Auckland International Airport, Lucid Group, Volkswagen and more in the latest Market Talks covering auto and transport.
Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share.
Uber is set to take over Delivery Hero in a deal valuing the German food delivery company at about €12.5 billion ($14.34 billion), the Financial Times reported on Wednesday. Delivery Hero confirmed it was in advanced negotiations with Uber regarding a potential takeover offer on Tuesday. • Acquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the Middle East, Asia and Latin America.
Delivery Hero said talks are at an advanced stage, and didn’t comment on speculation regarding the price of the offer.
Uber stock was lower after Delivery Hero confirmed it was in "advanced negotiations" for a takeover from Uber.
Delivery Hero said on Tuesday it was in advanced negotiations with Uber Technologies regarding a potential takeover offer, confirming earlier media reports that the U.S. ride-hailing and food-delivery company is pursuing the German group. The statement followed a Bloomberg News report that Uber was in advanced talks to acquire Delivery Hero and could reach an agreement as soon as this week. The report said a deal would likely value Delivery Hero at well above its recent trading price of around 36 euros per share.
Uber Technologies is in advanced talks to acquire German food-delivery company Delivery Hero, Bloomberg News reported on Tuesday, citing people familiar with the matter. The ride-hailing company aims to reach an agreement with Delivery Hero as soon as this week, the report said. A transaction would likely value Delivery Hero at well above its recent trading price of around €36 ($41.23) per share, according to Bloomberg.
(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU
In a classic “Friday news dump,” Apple filed a federal lawsuit in California against OpenAI, accusing its once-partner of stealing some of its trade secrets. Specifically, it’s alleging that two of its former employees brought proprietary and confidential information about its hardware to OpenAI when they joined. The lawsuit calls to mind Waymo’s trade secret theft lawsuit against Uber, filed in 2017. Similarly, a well-established tech giant publicly accused a fast-ascending private company, loc
(Bloomberg) -- Self-driving tech developer Turing Inc. has added AMD Ventures to its list of backers and begun adopting Advanced Micro Devices Inc.'s AI accelerators in its systems.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil's Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great American State Fair Looks So E
(Bloomberg) -- Self-driving tech developer Turing Inc. has added AMD Ventures to its list of backers and begun adopting Advanced Micro Devices Inc.’s AI accelerators in its systems.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great American State Fair Looks So E
Uber-backed Lime priced shares at $25 as it prepares to trade Wednesday on Nasdaq under LIME.
During an interview with CNBC, Ting said that Neutron Holdings, better known as Lime, focused on getting its economics and integration right.
Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz and Nissan. In June, Wayve said it will deploy its system in robotaxis from Jeep maker Stellantis, to go on Uber's ride-hailing network.
Uber-backed Lime has priced its U.S. initial public offering at $25 per share, the midpoint of the marketed range, Bloomberg News reported on Tuesday, citing a person familiar. Lime did not immediately respond to a Reuters request for comment outside regular business hours.
FRANKFURT, June 30 (Reuters) - Europe is an emerging but promising market for self-driving 'robotaxis', with the technology set to become far more visible across the region over the next two years,