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Uber and Lyft ‘well positioned’ to turn a profit, Barclays says

Bloomberg A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc and Lyft Inc. When will they turn a profit? The good news, according to analysts Jeffrey Meli, Adam Kelleher, Ryan Preclaw and Ross Sandler, is that Uber and Lyft are well-positioned ...

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Facebook, Google drop out of top 10 ‘best places to work’ list

Bloomberg Big tech companies like Facebook Inc and Alphabet Inc’s Google, long seen as some of the world’s most desirable workplaces offering countless perks and employee benefits, are losing some of their shine. The Silicon Valley companies dropped out of the Top 10 “best places to work” in the US, according to Glassdoor’s annual rankings. HubSpot Inc, a cloud-computing software ...

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India’s parliament approves anti-Muslim citizenship bill

Bloomberg India’s Parliament approved a controversial bill that prevents illegal Muslim migrants from neighboring countries from receiving citizenship after hours of heated debate among lawmakers and protests in some parts of the country. The bill, which offers amnesty to non-Muslim illegal migrants from three neighboring countries, was approved in the upper house of Parliament on Wednesday after it secured more ...

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