-
The Justice Department reportedly has approved Uber’s acquisition of food-delivery app Postmates following months of scrutiny over antitrust concerns.
The deal has been on hold since it was
-
Uber and Lyft's stock prices soared Wednesday after California voters allowed the ride-hailing giants to continue treating their drivers as independent contractors instead of employees.
-
JPMorgan Chase will not pay for junior sales and trading staff to take an Uber to work, reversing actions the bank took after the COVID-19 pandemic to help staff feel comfortable about commuting to work, Bloomberg News reported. The change was communicated by managers last week, Bloomberg reported on Wednesday, citing people with knowledge of …
-
Will Smith charmed us all as the “Fresh Prince of Bel-Air” in the 1990s. And the star handed out some much needed good news on the 30th anniversary of the show Thursday night via Instagram. The 51-year-old actor was reunited with his co-stars of the sitcom, as they gathered to celebrate the anniversary by filming …
-
Uber on Tuesday said every vehicle on its global ride-hailing platform will be electric by 2040, and it vowed to contribute $800 million through 2025 to help drivers switch to battery-powered vehicles, including discounts for vehicles bought or leased from partner automakers. Uber, which as of early February said it had 5 million drivers worldwide, …
-
The New York City Council on Thursday extended emergency legislation slashing what food delivery apps can charge Big Apple restaurants during the pandemic. Bills capping what apps like Grubhub and UberEats can charge for facilitating a takeout order or food delivery had been set to expire in September. On Thursday, the city council agreed to …
-
Uber and Lyft saw their stocks soar after an eleventh-hour stay allowed the companies to avoid a service shutdown in California. The ride-hail giants were set to suspend service in their largest US market Thursday at midnight after a judge ruled they had violated the state’s Assembly Bill 5, which requires companies to classify their …
-
Shares of ride-hail giant Lyft plummeted more than 6.5 percent after it announced it will suspend service in California at the end of the day Thursday following a judge’s ruling that it misclassified its drivers. The rideshare company is bowing out of its largest market after a judge ruled it had violated the state’s Assembly …
-
Uber has started delivering prescriptions to help people avoid trips to the pharmacy during the coronavirus pandemic. The ride-hailing giant launched the new service in Seattle and Dallas under its Uber Health banner, the company announced Thursday. It’s a partnership with NimbleRX, a startup that works with pharmacies and couriers to bring prescriptions to users’ …
-
Uber said this week it will continue to deliver meals in California even if its ride-hail business is forced to shut down at the end of the week. A spokesperson for the embattled ride-sharing giant — which has seen its business plummet as the COVID-19 pandemic has cratered the demand for transportation — said Monday …
The Justice Department reportedly has approved Uber’s acquisition of food-delivery app Postmates following months of scrutiny over antitrust concerns. The deal has been on hold since it was
