Uber's new roadmap to profitability draws Wall Street praise
Friday, 7 February 2020 Shares of Uber Technologies Inc rose on Friday after the ride-hailing company laid out an ambitious plan to be profitable by the end of 2020, a year ahead of its previous target as it tries to squash Wall Street doubts over its long-term viability.
U.S. stocks gained for a fourth straight session Thursday and Wall Street's main indexes hit record highs as concerns eased over the economic fallout from the coronavirus outbreak in China. Fred Katayama reports.
Wall Street’s major indexes fell on Tuesday and the S&P 500 was headed for a record first-quarter decline. According to Reuters, that's due to the growing evidence of large-scale economic damage from..