Sat, 23 Nov 2024 00:09:50 GMT (1732320590029)
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5 years ago
Uber's revenue grows but its losses mount in third quarterThe losses at Uber are mounting, but the ride-hailing heavyweight now predicts it will be profitable in about two years. CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation...
5 years ago
Congress calls on ride-hailing companies to improve safetySnubbed by Uber and Lyft, a House committee went ahead with its hearing Wednesday on safety and employment issues plaguing ride-hailing companies. Members of the House Committee on Transportation and Infrastructure called on Uber and Lyft to clean up their...
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