
Uber reports loss, but beats income expectations
Uber posted a net loss of $2.6 billion, but investors shrugged it off and shares were up about 13 percent. Uber CEO Dara Khosrowshahi reported a 31 percent increase in quarterly earnings. The ride-sharing company now has nearly five million drivers and couriers on its platform. Uber reported better-than-expected revenue on Tuesday, fueled by strong demand for the San Francisco-based







