Uber posted a $5.2 billion loss on Thursday, its largest ever, sending shares plummeting. A major chunk of that spending was on two things: stock-based compensation and driver rewards, both stemming from the company’s initial public offering in May.
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“I assumed 2019 was going to be the investment year,” said Andrew Eisenson, an analyst at Bloomberg Intelligence. “Maybe 2020 is going to be an
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Huawei Technologies Co. took the wraps off its HarmonyOS operating system Friday, offering the first glimpses of in-house software that may someday replace Google’s Android system and reduce its reliance on American technology. To begin with, the …
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Lidl, the German-based discount grocery store, announced its newest location in Lacey will open Sept. 12 at 8 a.m. The store will be the fifth Lidl to open in the state. Before the official opening, a ribbon-cutting event will begin at 7:40 a.m. There will be prizes, …
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Whatley Long Plain Farm hemp farmer Scott Hutkoski has planted his first eight acres of hemp, costing $25,000 and doesn’t know if he will make a profit. A tobacco farmer, Hutkoski has seen a huge decline in demand, going from 65 acres four years ago to …
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