Bloomberg Uber Technologies Inc., whose losses have piled up in the quest for growth around the world, will be profitable in three years as its ride-hailing business matures and the company reaps the rewards from investments in areas such as autonomous vehicles, said Chief Executive Officer Dara Khosrowshahi. Bending the company’s financial trajectory out of the red would be a ...

Bloomberg Starbucks Corp.’s US slowdown has gone global. The coffee chain posted disappointing sales growth in all its major regions, signalling that it now has bigger problems than an overly saturated US market. The results from the quarter that ended on December 31 sent shares down the most in six months. “Our holiday merchandise and limited-time offers did not perform ...

Bloomberg Ford Motor Co. has stepped onto the scale and found it’s out of shape. The automaker signalled it’s even more resolute in the diet prescribed by its new CEO after reporting another underwhelming profit. Ford hasn’t coped well with rising costs because of bloat within its product lineup and engineering budget. Ford “should still be performing at a higher ...