Uber loss grows in 3Q; company says it's investing in future

Uber's net loss widened by $177 million in the third quarter as the ride-hailing giant continued to invest ahead of a planned public stock offering next year. The San Francisco company lost just over $1 billion from July through September, compared with an $891 million loss in the second quarter. But Uber's ridership and revenue continued to grow, albeit slower […]

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ALRN Gearing Up For ASH, RUBY Shines, UMRX, ZIOP On Watch

The following are some of today’s top gainers in the pharma/biotech sector. 1. Cocrystal Pharma Inc. (COCP) Gained 31.71% to close Tuesday’s (Nov.13) trading at $2.70. News: The Company presented encouraging results of CC-42344, its lead molecule currently being evaluated in preclinical IND-enabling studies for the treatment of influenza. CC-42344 demonstrated a favorable safety profile and pharmacokinetic properties in preclinical […]

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2 months in prison for ex-union official in corruption probe

A former union official has been sentenced to 60 days in prison for using money from the UAW-Chrysler National Training Center for shoes, jewelry and other personal benefits. Virdell King was associate director of the United Auto Workers' Fiat Chrysler department and served on a national negotiating committee in 2011 and 2015. Continue Reading Below King apologized Tuesday and said […]

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US, Japan trade tensions in focus during Pence visit

Trump criticizes European allies over spending, trade Former Trump campaign manager Corey Lewandowski discusses President Trump’s tweet about defense spending and French President Emmanuel Macron’s attacks on nationalism. Vice President Mike Pence met with Japanese Prime Minister Shinzo Abe on Tuesday, where bilateral trade, and particularly Japan’s treatment of U.S. autos, were expected to be in focus. Continue Reading Below […]

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Back in D.C., President Trump attacks France’s Macron over trade, ‘European army’

WASHINGTON – After spending a weekend at commemorations for the end of World War I, President Donald Trump waited until he returned to the White House to go after France’s Emmanuel Macron on trade, defense, “nationalism” and Macron’s low approval ratings. “MAKE FRANCE GREAT AGAIN,” Trump taunted during a Tuesday tweet storm directed at Macron. Trump first attacked the French president for […]

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Telecom Italia ousts CEO in long-running boardroom battle

A long-running board room battle in Italy's legacy telecoms provider, Telecom Italia, has culminated with the ouster of CEO Amos Genish, effective immediately. Continue Reading Below Telecom Italia said in a statement Tuesday that the board will meet Sunday to name a new CEO. It gave no further explanation for the move. Shares in the company sank 1.5 percent to […]

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