News

Uber and Wayve launch supervised autonomous rides in London, starting a gradual U.K. rollout tied to demand, tech readiness and regulation.

CEO Dara Khosrowshahi said the cuts will make Uber “faster and smarter” as it invests billions into autonomous vehicles

Job cuts are at a four-year low, according to Challenger Grey data illustrating the over 500,000 job cuts that have occurred in 2026 year-to-date. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and BD8 Capital Partners, LLC CEO Barbara Doran to take a closer look and this data discuss whether AI-driven job loss fears were initially overblown. The US Bureau of Labor Statistics (BLS) is scheduled to release August jobs data on Friday, September 4.

Walmart Brings Dunkin to Its Delivery App

Uber Technologies, Inc. is undertaking one of its biggest organizational resets in years, cutting jobs, reducing management layers and redirecting spending toward its core ride-sharing, delivery and autonomous-vehicle businesses.Uber Cuts About 3,300 JobsUber is eliminating about 3,300 positions, or roughly...

Good things could be on the horizon when a stock surpasses the 200-day simple moving average. How should investors react?

Tesla is holding a an event to showcase its new robotaxi-specific Cybercab model on Thursday. The stock rose about 1.5%.

Uber is cutting 3,300 jobs worldwide as it strips out management layers and merges teams, saying the savings will fund growth in areas such as robotaxis.View on euronews

Britain’s first self-driving taxis have finally arrived. After years of testing and development, Uber and British AI company Wayve started offering autonomous rides to the public on Thursday.

Tesla will take the wraps off its production Cybercab purpose-built robotaxi in Austin later today, marking a potential turning point for the company's self-driving ambitions.

Companies in The News Are: OLLI, GIII, PANW, UBER.

Uber cut 10% of its workforce, or over 3,000 employees, while Wonder reduced its employee roster by 150 this week, as each delivery-focused platform plans for its next phase of growth.

Based on Uber’s disclosed global headcount of about 34,000 employees as of 31 December 2025, the reduction would affect around 3,400 roles.

Uber has stopped its operations in Nigeria and Uganda with immediate effect – citing "a thorough review of our business" as its reason for shutting down in the former. After 12 years in Nigeria, Africa's most populous country, the company told customers on Wednesday that it was winding down its business, without disclosing further details on the reason. Uber said in a message to users: "After a thorough review ⁠of our business, we have made the tough decision to wind down our ‌operations in Nigeria, effective 2 September 2026."

The companies said they are operating a ‘small fleet’ of all-electric Ford Mustang Mach-E vehicles.

Uber Technologies Inc (NYSE:UBER, XETRA:UT8) is cutting about 3,300 jobs, or roughly 10% of its global workforce, as the ride-hailing group moves to simplify its management structure and reduce costs. Chief executive Dara Khosrowshahi told employees the restructuring would remove management...

Amazon's cloud cash flow and Uber's higher profit margins reveal starkly different paths to value; one favors stability, the other growth.

Dell Technologies tops the S&P 500 following robust quarterly earnings.

Starting Thursday, passengers using Uber’s app in the U.K. capital could be matched with a vehicle outfitted with Wayve’s autonomous-driving technology.

LONDON, Sept 3 (Reuters) - Uber launched autonomous rides in London on Thursday using AI technology developed by Britain's Wayve, making the city the second in Europe after Zagreb where the company

CEO Dara Khosrowshahi said Uber is removing organizational layers and taking other steps to boost its efficiency.

If approved, the combined company would become one of the largest food delivery platforms in the world.

The ride-hailing company Uber is cutting thousands of jobs to simplify its management structure, the chief executive said in a letter to employees Wednesday.

Lucid Group (NASDAQ:LCID) stock trades at $4.81 midday, while the average analyst price target sits at $8.11. That gap implies upside of more than 70%. Lucid designs and builds luxury electric vehicles from Newark, California. CEO Silvio Napoli filed an operational reset on August 4 promising $1.4 billion in cash flow improvements this year. Napoli […]

The ride-hailing giant's CEO said Uber is cutting management layers, consolidating teams and requiring most remote workers to relocate to key office hubs.

The German food delivery company's management and supervisory boards independently reviewed the offer and advised shareholders to accept it

Uber’s chief framed Wednesday’s 10% workforce reduction as making the ride share company “simpler and faster,” as margins have climbed since 2023.

The German delivery company said its management and supervisory boards had independently reviewed the U.S. giant’s offer.

Ride-hailing giant Uber will be laying off around 10 percent of its staff as part of "significant organizational changes," CEO Dara Khosrowshahi said in a message to employees released on Wednesday."Today, we're making a number of significant organizational changes across Uber," Khosrowshahi said.

Find insight on Uber Technologies, Volkswagen, BMW and more in the latest Market Talks covering auto and transport.