Grubhub and Uber chiefs continue deal talks
Grubhub Chief Executive Matt Maloney spoke to Uber Chief Dara Khosrowshahi Sunday and indicated that Uber's latest offer of 1.9 of its shares for each Grubhub share is too low, according to people familiar with the matter.
Uber offers GrubHub $60 a share for takeover
Grubhub had been seeking 2.15 Uber shares in the negotiations, according to a report.
Uber riders, drivers must wear coronavirus face masks beginning May 18
Uber will require riders and drivers to wear face masks beginning May 18 to help prevent the spread of the novel coronavirus, the rideshare company said Wednesday.
GrubHub on Uber takeover rumors: 'Consolidation could make sense'
GrubHub stock soared Tuesday on a report that Uber is in talks to buy the food delivery service in an all-stock deal that would merge two of the country's largest on-demand meal platforms.
Coronavirus-hit Uber holds Zoom layoffs for thousands of workers: Report
Demand for rides has been shot in the COVID-19 pandemic as more Americans stay home.
Will coronavirus kill Uber, Lyft rideshare business?
Rideshare services are experiencing lulls in business that could extend after the virus dissipates, but innovative ideas will keep revenue steady.
Uber sees ride rebound as states reopen
Uber CEO says rides are bouncing back as states reopen following the coronavirus lockdown.
Uber invests millions in scooters during coronavirus
Uber is leading a $170 million investment into electric scooter company Lime during the coronavirus pandemic.
California AG sues Uber, Lyft for 'misclassifying' drivers as gig workers, withholding benefits
California's attorney general is accusing Uber and Lyft of misclassifying drivers as idependent contractors and withholding employee protections amid coronavirus.
Uber lays off 3,700 workers in coronavirus, CEO waives salary
Uber is letting go of 3,700 full-time employees, 14 percent of its staff, and CEO Dara Khosrowshahi is waiving his salary for the rest of the year.
Uber to require coronavirus face masks for drivers, riders
The new policy is expected to roll out in the next few weeks.
Lyft lays off hundreds over coronavirus losses, Uber reportedly considers similar cuts
Lyft has laid off 982 employees and furloughed another 288.
Uber loses top tech officer as company reportedly considers laying off 20% of workforce
Uber announced in a regulatory filing on Tuesday that chief technology officer Thuan Pham will step down from the company, effective May 16.
Food delivery wars intense in coronavirus world
The meal delivery service industry hit record heights in March as the coronavirus pandemic forced millions of Americans to self-isolate at home.
Coronavirus leads Uber to launch new delivery services
Uber announced on Monday that it is expanding its delivery services in accordance with demand brought on by the novel coronavirus pandemic.
Coronavirus prompts Tim Hortons, Uber Eats to team up for first time
While restaurants have been forced to close amid the pandemic, some remain operational for delivery or takeout.
Coronavirus pandemic brings Stop & Shop, Uber together to help senior shoppers
The grocery chain is also offering special hours for at-risk shoppers.
Coronavirus leads Uber to offer 10 million free rides, deliveries for those in need
Officials from embattled cities, hospitals and food banks were encouraged to reach out to Uber for potential assistance.
Uber CEO asks for coronavirus stimulus plan to include drivers
The ride-sharing company is seeing gross bookings drop by about 60 to 70 percent in cities hit hardest by the virus.
Uber, Lyft under fire for coronavirus response
Nearly 80 percent of drivers say Uber, Lyft aren't doing enough to support drivers.