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Investing.com -- Uber Technologies (NYSE: UBER) shares skidded 4% on Friday, with losses accelerating in the final hour of trading following a revealing Financial Times report that Alphabet’s Waymo is eyeing the exit ramp on their alliance. According to the report, the self-driving car company is holding internal discussions about terminating its current agreements with the ride-hailing giant, which presently include joint operations in Austin and Atlanta. The Breakdown Uber has confirmed the fr

Uber just cut a chunk of its customer service workforce in the name of AI efficiency, and it is far from alone. The real question is whether these scattered layoffs signal the early edge of a wave that could reshape employment across entire industries.

(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

(Bloomberg) -- Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide. 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 SupplyApple to Launch ‘Upgrade’ Device Le

(Bloomberg) -- Uber Technologies Inc. said it has cut 10% of jobs within its customer service operations as part of a broader effort to simplify its ranks and “embrace artificial intelligence.” Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to

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.

(Bloomberg) -- Lucid Group Inc., the electric-vehicle maker, said it isn’t considering a bankruptcy, and so far, the market believes it.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model That Narrows Gap With US FirmsThailand Scraps Plan to End Visa-Free Entry for Indian TouristsThe Saudi-backed company i

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.

The S&P 500 and Nasdaq Composite were down in late-morning trading Thursday, while the Dow Jones Ind

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 Technologies agreed to acquire Germany’s Delivery Hero in a deal that values the German food-delivery company at $14.8 billion and seeks to strengthen the U.S. tech company’s footprint in international markets. The San Francisco-based company said Thursday that it entered into a combination agreement with Delivery Hero under which it will offer 41.50 euros a share in cash.

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.

Gravity SUV production issues have hurt sales. The luxury EV maker slashed losses after denying denied a report that it's mulling bankruptcy.

Lucid stock collapsed by half in a single afternoon after reports surfaced that the EV maker hired turnaround specialists to weigh options that range from going private to a potential court filing, and now shareholders are left waiting to find out which path the Saudi-backed automaker actually chooses.

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.

All three major US stock indexes were up in late-morning trading, as the big banks kicked off earnin

Investing.com -- Delivery Hero SE (ETR:DHER) shares surged 5.5% following a Bloomberg report that Uber Technologies Inc. (NYSE:UBER) is in advanced talks to acquire the German food-delivery company. Uber stock fell 2% on the news.