Uber Technologies Aktie News

CNBC's Jim Cramer on Friday guided investors through an earnings-packed week on Wall Street.

Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections.

In recent sessions, the market hasn't necessarily been cooperative with the bulls and that may have serious implications for travel stocks to buy. As a sector dependent on robust consumer sentiment, it faces significant challenges.

Uber, the San Francisco-based ride-hailing giant, is embroiled in yet another significant legal challenge in London, this time facing a lawsuit that could cost the company upwards of £250 million.

Uber is reportedly facing a $312 million lawsuit from drivers of London's black cabs. That suit, according to a Bloomberg news report Thursday (May 2), was filed by more than 10,800 cabbies and accuses the tech giant's ride hailing operation of operating in Great Britain's largest city illegally.

DashDash Inc's latest quarterly results failed to galvanise interest on Wall Street, with the San Francisco-based food delivery company's share price falling 13% in opening exchanges. The results revealed decent financial progress at the group, with revenues surging to $2.5 billion, up from a flat $2 billion in the same quarter last year, driven by a 21% increase in total orders, which reached ...

Uber is being sued by thousands of London cab drivers over claims it operated illegally. "Uber deliberately misled Transport for London," London's transport authority, a firm representing the drivers said.

Uber faces a multimillion-pound lawsuit from London's black cab drivers in a revival of the longstanding dispute over the operation of the ride-hailing app in the UK capital.