Uber

How safe is your Uber ride? That question has dogged the company for years, as it has faced complaints from passengers and drivers alleging they have been sexually assaulted in an Uber.

Now Uber is revealing the scale of those complaints for the first time.

The company received 5,981 allegations of serious sexual assault in the U.S. over two years, according to a new report covering 2017 and 2018. The claims range from unwanted touching and kissing to rape.

Charles Trainor Jr. / Miami Herald

The city of Miami wanted to have the capability to track the real-time locations of every scooter rider across the city until Uber and Lyft pushed back against the section of an agreement, a letter obtained by WLRN shows.

Updated at 5:06 p.m. ET

Uber can zip you around town, bring sushi to your door and ship your company's goods across the country. Now, it will also connect gig workers with employers looking for temporary staff.

The company is launching its Uber Works app Thursday in Chicago in an effort to make it easier to find temporary shifts for work like bartending, warehouse work and commercial cleaning, it said in a blog post.

Associated Press via Palm Beach Post

On July 3, the town of Jupiter cautioned on Facebook that its offer for free Uber rides this Fourth of July weekend would only be available on a “first come, first serve basis” and could sell out quickly.

For most companies, losing $1 billion in a quarter would be a big disappointment. But Uber's first report as a publicly traded company was actually better than it had warned investors to expect.

The ride-hailing and food-delivery giant brought in more than $3 billion in revenue in the first three months of 2019 — a 20% jump from the same quarter a year earlier.

Updated at 6:00 p.m. ET Friday

The ride-hailing company Uber made its stock market debut on Friday, and promptly saw share prices dip.

Uber priced its shares at $45, the lower end of the possible range, aiming for a total diluted market value of about $82 billion. After a delay of two and a half hours, trading started with the stock at $42, down more than 6 percent over that initial price.

Uber will go public on Friday in a highly anticipated initial public offering that will be the largest since 2014 — and one of the biggest in U.S. history.

After speculation that the ride-hailing company could be valued at as high as $120 billion, Uber is now targeting a valuation of $80 billion to $90 billion. At the same time, it has never made a profit — and has instead been burning through cash at a prodigious rate.

Updated at 11:06 p.m. ET

Ahead of Uber's initial public offering, drivers for Uber, Lyft and other ride-hailing companies went on strike Wednesday, turning off the apps as they flex their collective muscles to say: What about us?

Drivers in 10 cities across the country took action Wednesday to draw attention to what they say are decreasing wages for drivers and a distressing lack of job security — and some are calling on passengers to temporarily boycott the ride-hailing services, too.

Uber is paying $148 million to settle claims over the ride-hailing company's cover-up of a data breach in 2016, when hackers stole personal information of some 25 million customers and drivers in the U.S.

An Uber driver in Florida claimed self-defense after he fatally shot a man who trailed his car and tried run him off the road, authorities said Wednesday.

The New York City Council passed legislation Wednesday to temporarily halt new licenses of for-hire vehicles like those of Uber and Lyft, in the first action by a major U.S. city to cap the growth of the ride-hailing services.

The city council passed a package of bills to regulate the ride-hailing industry, including setting a one-year cap on the number of Uber and Lyft cars on the streets to study effects on traffic congestion, and allowing city regulators to set a minimum pay rate for drivers.

The Uber self-driving vehicle that struck and killed a pedestrian two months ago in Tempe, Ariz., took note of the victim with its sensors, but its software did not engage the car's brakes to prevent the collision, according to a preliminary report released Thursday by the National Transportation Safety Board.

Updated at 9:10 a.m. ET Wednesday

The future of Uber's self-driving car program is likely non-existent in California, at least for now.

The company announced it will not renew Uber's permit through the state's Department of Motor Vehicles to continue testing a fleet of autonomous-driving cars on California roads, following last week's deadly crash in Tempe, Ariz.

A researcher at the Massachusetts Institute of Technology says he is revising a study he co-authored after admitting that "criticism is valid" of initial findings that Uber and Lyft drivers are making a median pretax profit of $3.37 an hour and a vast majority are making less than minimum wage.

Uber said the working paper had "a major error in the authors' methodology."

Editor's note: Following sharp criticism of how this MIT study was conducted, its authors say they will redo their analysis. Uber chief economist Jonathan Hall gives his assessment of the "inconsistent logic" leading to an undercount of hourly earnings and "a major error" in the conclusions in this post.

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