Uber Stock News

Uber prices are getting pumped up.

The temporary per-kilometre surcharge means drivers will receive about 40 cents extra on an average trip, the ride-share company said.

Uber announced on Friday it will charge riders a fuel fee amid rising gas prices in the country. Customers will pay a surcharge of either $0.45 or $0.55 for Uber rides and a surcharge of either $0.35 or $0.45 for Uber Eats orders…

Citing record-high prices for gasoline, Uber is charging customers a new fuel fee to help offset costs for ride-hail and…

Uber said US customers, excluding New York City, will have to pay a fuel surcharge as the ride-hailing firm tries to address concerns of drivers and couriers hit by record-high gasoline prices.

Uber users will see the cost of each ride going up by about half a buck starting Wednesday. The San Francisco-based company calls the fee a “temporary fuel assistance,” with the total amount going to the driver. “Beginning Wednesday, March 16, consumers will pay a surcharge of either $0.45 or …

Everyone is feeling pain at the pump -- even Uber.

Uber has announced it rolled out a temporary fuel surcharge to help drivers cope with the burden of surging gas prices in recent months.

The next time you ride Uber or order from Uber Eats, you may notice the price is higher. Starting next week, the company will add fuel surcharges to its fares in hopes of helping drivers offset the cost of rising fuel prices. Beginning March 16, each Uber ride will include an extra 45 or 55 …

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week''s bullish calls included a 3D-printing technology company and a popular ride-sharing company. A tech giant along with a merchandise retail chain were among the bearish calls seen. It was another down week for the markets, as all three major indexes finished in the red after Friday’s selloff. The Dow industrials tumbled about 2% for the week, its fifth consecutive weekly loss. The S&P 500 was down 2.9%, while and Nasdaq Composite lost 3.5% for the week, marking the fourth weekly loss in the past five weeks for both indexes. Next week could bring more volatility as the Federal Reserve meets next Tuesday and Wednesday to vote on an anticipated interest rate hike. Fed-funds futures are indicating a 96% probability of a rate increase of 0.25 percentage point. Meanwhile, the price of oil surged this week, Brent Crude futures were up 3.1% at $112.67. Earlier in the week, they traded above $127.

Uber Technologies Inc. announced on Friday a temporary fuel surcharge will be added from March 16 on fares and deliveries in the United States and Canada in response to surging gas prices. “Many people are feeling the sting of record-high prices at the pump—and that’s certainly true of drivers and couriers,” the company said in a […]

The temporary fuel surcharge for Uber trips and Uber Eats orders takes effect March 16 as drivers and delivery workers feel pain at the pump.

The gas prices are increasing in the US and Canada and are hitting Uber hard. Uber has started charging a surplus fee due to this precise reason. The company said that the Uber riders would have to pay an additional $0.45 to $0.55 per trip. At the same time, Uber Eats will charge $0.35 to $0.45 more.

Uber said that 100 per cent of surcharges will go directly to drivers and delivery people.

The company said that 100 per cent of surcharges will go directly to drivers and delivery people