Thursday, May 30, 2019

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber loses $1 billion in quarter as costs grow for drivers, food delivery Shares rose 2.6 percent following a conference call with executives in which CEO Dara Khosrowshahi cited business improvements, such as fewer consumer promotions in the second quarter

from Moneycontrol Business News http://bit.ly/30VwoIF

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...