The once-swaggering company is losing more money and growing more slowly than ever. What happened? Source: NYT > Business – Mike Isaac
Ride Sharing Adds to the Crush of Traffic at Airports
The record number of travelers and the popularity of Uber and Lyft have left airports scrambling to ease congestion. Source: NYT > Business – Julie Weed
Older People Need Rides. Why Aren’t They Using Uber and Lyft?
Seniors need transportation alternatives more than ever, but many are intimidated by ride-hailing apps. Source: NYT > Business – Paula Span
WeWork Takes Key Step Toward I.P.O., Citing Heady Growth and Huge Losses
A public offering by the firm, which leases shared office space, will be a major test of investors’ appetite for fast-growing but unprofitable start-ups. Source: NYT > Business – David Gelles
Uber Posts $5.2 Billion Loss and Slowest Ever Growth Rate
The double whammy immediately renewed questions about the prospects of the world’s biggest ride-hailing company. Source: NYT > Business – Kate Conger
Uber Wants to Sell You Train Tickets. And Be Your Bus Service, Too.
The ride-hailing company, craving growth, is looking to public transit for riders and revenue. Cities aren’t sure whether to welcome it. Source: NYT > Business – Kate Conger