These stocks are the biggest winners in the market’s incredible rebound back to a record

Stocks have come all the way back to a record, ending one of their fastest and fiercest round trips in history. Strong earnings pushed the S&P 500 to a record close Tuesday. The index surged nearly 600 points in the span of four months, from a Christmas Eve low of 2,351.10 all the way to 2,933.68 at Tuesday’s close. The comeback is being led by the technology sector, the best performer among S&P 500 sectors with a nearly 37% gain since Christmas Eve. The consumer discretionary and industrial sec


Stocks have come all the way back to a record, ending one of their fastest and fiercest round trips in history. Strong earnings pushed the S&P 500 to a record close Tuesday. The index surged nearly 600 points in the span of four months, from a Christmas Eve low of 2,351.10 all the way to 2,933.68 at Tuesday’s close. The comeback is being led by the technology sector, the best performer among S&P 500 sectors with a nearly 37% gain since Christmas Eve. The consumer discretionary and industrial sec
These stocks are the biggest winners in the market’s incredible rebound back to a record Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: yun li
Keywords: news, cnbc, companies, markets, sectors, trips, tuesdays, 500, winners, sp, way, eve, nearly, stocks, rebound, biggest, incredible, record, christmas


These stocks are the biggest winners in the market's incredible rebound back to a record

Stocks have come all the way back to a record, ending one of their fastest and fiercest round trips in history. Here are the front-runners in this epic comeback.

Strong earnings pushed the S&P 500 to a record close Tuesday. The index surged nearly 600 points in the span of four months, from a Christmas Eve low of 2,351.10 all the way to 2,933.68 at Tuesday’s close.

The comeback is being led by the technology sector, the best performer among S&P 500 sectors with a nearly 37% gain since Christmas Eve. The consumer discretionary and industrial sectors have also scored returns of more than 30% since the late-2018 plunge.


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: yun li
Keywords: news, cnbc, companies, markets, sectors, trips, tuesdays, 500, winners, sp, way, eve, nearly, stocks, rebound, biggest, incredible, record, christmas


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China retail earnings up 8.5 percent during new year holiday, Commerce Ministry says

China’s retailer and catering enterprises earned over 1 trillion yuan ($148.3 billion) during the Lunar New Year holiday, defying an economic slump to rise 8.5 percent from last year, the country’s commerce ministry said late on Sunday. The increase was down to the rapid growth in sales of new-year gifts, traditional foods, electronic products and local speciality products over a six-day holiday period ending on Saturday, the Ministry of Commerce said in a notice on its website. Domestic tourism


China’s retailer and catering enterprises earned over 1 trillion yuan ($148.3 billion) during the Lunar New Year holiday, defying an economic slump to rise 8.5 percent from last year, the country’s commerce ministry said late on Sunday. The increase was down to the rapid growth in sales of new-year gifts, traditional foods, electronic products and local speciality products over a six-day holiday period ending on Saturday, the Ministry of Commerce said in a notice on its website. Domestic tourism
China retail earnings up 8.5 percent during new year holiday, Commerce Ministry says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: vcg, getty images
Keywords: news, cnbc, companies, websitedomestic, billion, yuan, retail, trips, xinhua, 85, earnings, products, official, holiday, commerce, china, ministry


China retail earnings up 8.5 percent during new year holiday, Commerce Ministry says

China’s retailer and catering enterprises earned over 1 trillion yuan ($148.3 billion) during the Lunar New Year holiday, defying an economic slump to rise 8.5 percent from last year, the country’s commerce ministry said late on Sunday.

The increase was down to the rapid growth in sales of new-year gifts, traditional foods, electronic products and local speciality products over a six-day holiday period ending on Saturday, the Ministry of Commerce said in a notice on its website.

Domestic tourism during the new year break generated total revenues of 513.9 billion yuan, up 8.2 percent on the year, with the number of trips rising 7.6 percent to 415 million, the official Xinhua news agency said on Sunday, citing official data.


Company: cnbc, Activity: cnbc, Date: 2019-02-11  Authors: vcg, getty images
Keywords: news, cnbc, companies, websitedomestic, billion, yuan, retail, trips, xinhua, 85, earnings, products, official, holiday, commerce, china, ministry


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More older people are bringing student debt into their retirement

When Eads’ son was diagnosed with cancer, he retired earlier than he expected to tend to him. During these difficulties, Eads put his loans into multiple forbearances, which are temporary postponements of payments, during which interest accrues. “All that happened to me wasn’t their fault,” Eads said. “But it feels like the people who service the loans are putting obstacles in front of you.” “It’s difficult”Because he’s enrolled in an income-driven repayment plan — which caps his monthly payment


When Eads’ son was diagnosed with cancer, he retired earlier than he expected to tend to him. During these difficulties, Eads put his loans into multiple forbearances, which are temporary postponements of payments, during which interest accrues. “All that happened to me wasn’t their fault,” Eads said. “But it feels like the people who service the loans are putting obstacles in front of you.” “It’s difficult”Because he’s enrolled in an income-driven repayment plan — which caps his monthly payment
More older people are bringing student debt into their retirement Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-14  Authors: annie nova, getty images, source, seraphina galante, steven eads, -persis yu, director of the student loan borrower assistance
Keywords: news, cnbc, companies, student, wife, debt, loans, tend, retirement, son, hes, youhe, payments, wasnt, trips, older, eads, bringing


More older people are bringing student debt into their retirement

When Eads’ son was diagnosed with cancer, he retired earlier than he expected to tend to him. His son eventually died.

During these difficulties, Eads put his loans into multiple forbearances, which are temporary postponements of payments, during which interest accrues. The 71-year-old man now owes more than $60,000, more than double what he originally borrowed.

“All that happened to me wasn’t their fault,” Eads said. “But it feels like the people who service the loans are putting obstacles in front of you.”

He and his wife now live off around $2,600 a month between both of their Social Security checks and a small pension he receives from his 20-year career as a chemist for the government.

“We don’t take trips or anything else like that,” he said. “It’s difficult”

Because he’s enrolled in an income-driven repayment plan — which caps his monthly payments at a percentage of his income, he’s not responsible for paying anything right now.


Company: cnbc, Activity: cnbc, Date: 2018-11-14  Authors: annie nova, getty images, source, seraphina galante, steven eads, -persis yu, director of the student loan borrower assistance
Keywords: news, cnbc, companies, student, wife, debt, loans, tend, retirement, son, hes, youhe, payments, wasnt, trips, older, eads, bringing


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Protect yourself from a career derailment that trips up 1 in 4 workers

And when you’re plagued by these issues and cannot work, disability insurance can help you bridge the pay funding gap. “Don’t forget about disability insurance.” You may be tempted to overlook disability coverage for another reason: cost. Disability insurance is often more expensive than term life insurance, according to financial advisor Tom West, partner at Signature Estate & Investment Advisors, which leads many to neglect the coverage. Yet when planning for clients, West said he actually put


And when you’re plagued by these issues and cannot work, disability insurance can help you bridge the pay funding gap. “Don’t forget about disability insurance.” You may be tempted to overlook disability coverage for another reason: cost. Disability insurance is often more expensive than term life insurance, according to financial advisor Tom West, partner at Signature Estate & Investment Advisors, which leads many to neglect the coverage. Yet when planning for clients, West said he actually put
Protect yourself from a career derailment that trips up 1 in 4 workers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-11  Authors: lorie konish, courtneyk, istock, getty images
Keywords: news, cnbc, companies, solution, protect, according, disability, insurance, career, trips, coverage, west, work, younger, months, derailment, workers, youre


Protect yourself from a career derailment that trips up 1 in 4 workers

And when you’re plagued by these issues and cannot work, disability insurance can help you bridge the pay funding gap.

“As people go through their open enrollment, oftentimes their patience runs out after choosing their 401(k) solution, their health-care solution or their [health savings account],” said Jamie Kalamarides, president of Prudential Group Insurance. “Don’t forget about disability insurance.”

You may be tempted to overlook disability coverage for another reason: cost.

Disability insurance is often more expensive than term life insurance, according to financial advisor Tom West, partner at Signature Estate & Investment Advisors, which leads many to neglect the coverage.

Yet when planning for clients, West said he actually puts disability coverage high on the list of priorities.

“The probability of missing six to nine months of work because of a car accident or a broken ankle is so much exponentially higher than dying prematurely for a lot of folks who are in their younger years,” West said.

Long-term disability, which ordinarily kicks in after three to six months, typically costs 1 to 3 percent of a worker’s annual salary, according to Policygenius.


Company: cnbc, Activity: cnbc, Date: 2018-11-11  Authors: lorie konish, courtneyk, istock, getty images
Keywords: news, cnbc, companies, solution, protect, according, disability, insurance, career, trips, coverage, west, work, younger, months, derailment, workers, youre


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Google got more than $1 billion in ad dollars last quarter from travel giant Booking

Online travel giant Booking Holdings spent upwards of $1 billion on Google ads in the past quarter, according to its earnings report and analyst estimates. Booking, which owns Europe’s Booking.com and U.S. businesses including Priceline and Kayak, said on Monday that it shelled out $1.3 billion on “performance marketing” in the quarter, up from $1.2 billion a year earlier. That spending was “primarily related to the use of online search engines (primarily Google),” and other online services, acc


Online travel giant Booking Holdings spent upwards of $1 billion on Google ads in the past quarter, according to its earnings report and analyst estimates. Booking, which owns Europe’s Booking.com and U.S. businesses including Priceline and Kayak, said on Monday that it shelled out $1.3 billion on “performance marketing” in the quarter, up from $1.2 billion a year earlier. That spending was “primarily related to the use of online search engines (primarily Google),” and other online services, acc
Google got more than $1 billion in ad dollars last quarter from travel giant Booking Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-05  Authors: jillian donfro, olivia michael
Keywords: news, cnbc, companies, quarter, booking, ad, online, search, google, bookings, traffic, travel, googles, trips, billion, dollars, giant


Google got more than $1 billion in ad dollars last quarter from travel giant Booking

Online travel giant Booking Holdings spent upwards of $1 billion on Google ads in the past quarter, according to its earnings report and analyst estimates.

Booking, which owns Europe’s Booking.com and U.S. businesses including Priceline and Kayak, said on Monday that it shelled out $1.3 billion on “performance marketing” in the quarter, up from $1.2 billion a year earlier. That spending was “primarily related to the use of online search engines (primarily Google),” and other online services, according to Booking.

Google is such a critical piece of Booking’s advertising budget because so many travelers search for trips with terms like “flight to New York” or “hotel in London.” Booking is competing for that highly valued traffic with Expedia, TripAdvisor, Trivago and even Google’s own services.

Mark Mahaney, an analyst at RBC Capital Markets, estimates that “north of 80%” of Booking’s performance marketing expense goes to Google. That would equal over $1 billion and account for more than 3.6 percent of Google’s total third-quarter advertising revenue.

Mahaney, who has a “buy” rating on Booking, said in an email that, “I’m sure they are one of Google’s top five direct customers worldwide.”

But it’s a complicated relationship.

As Booking has continued to bolster its yearly spend with Google, it’s increasingly found itself in the position of being both a big customer and a competitor.

For example, Booking is vying for traffic with Google Flights and Google Hotels, which are known as metasearch products, meaning they aggregate data from online travel agencies like Priceline or Expedia, and then direct users to those and other sites to book their trips. A Google search for “flight from San Francisco to Chicago,” brings up another Google page that lets the user type in dates and times.

In its most recent quarterly report, Booking mentions Google 52 times and highlights the risk of relying on Google for a “significant portion” of its traffic and bookings.


Company: cnbc, Activity: cnbc, Date: 2018-11-05  Authors: jillian donfro, olivia michael
Keywords: news, cnbc, companies, quarter, booking, ad, online, search, google, bookings, traffic, travel, googles, trips, billion, dollars, giant


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Facebook’s head of policy was sitting front and center at Thursday’s Kavanaugh hearings

Facebook’s head of policy, Joel Kaplan, was sitting in the U.S. Senate gallery Thursday behind Judge Brett Kavanaugh as he responded to allegations of sexual misbehavior when he was in high school. Kaplan attended in a personal capacity as a friend of Kavanaugh’s, according to a Facebook spokesperson. Both Kavanaugh and Kaplan worked for President George W. Bush. New York Times reporter Mike Isaac, among others, noticed Kaplan’s presence in the audience:It’s a sensitive time for Facebook and the


Facebook’s head of policy, Joel Kaplan, was sitting in the U.S. Senate gallery Thursday behind Judge Brett Kavanaugh as he responded to allegations of sexual misbehavior when he was in high school. Kaplan attended in a personal capacity as a friend of Kavanaugh’s, according to a Facebook spokesperson. Both Kavanaugh and Kaplan worked for President George W. Bush. New York Times reporter Mike Isaac, among others, noticed Kaplan’s presence in the audience:It’s a sensitive time for Facebook and the
Facebook’s head of policy was sitting front and center at Thursday’s Kavanaugh hearings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-27  Authors: ari levy, reuters jim bourg
Keywords: news, cnbc, companies, policy, facebook, hearings, york, trips, washington, kaplan, times, zuckerberg, sitting, kavanaugh, facebooks, thursdays, head, worked, center


Facebook's head of policy was sitting front and center at Thursday's Kavanaugh hearings

Facebook’s head of policy, Joel Kaplan, was sitting in the U.S. Senate gallery Thursday behind Judge Brett Kavanaugh as he responded to allegations of sexual misbehavior when he was in high school.

Kaplan attended in a personal capacity as a friend of Kavanaugh’s, according to a Facebook spokesperson. Both Kavanaugh and Kaplan worked for President George W. Bush.

New York Times reporter Mike Isaac, among others, noticed Kaplan’s presence in the audience:

It’s a sensitive time for Facebook and the company’s relationship with Washington, D.C., following the problems the platform faced ahead of the 2016 presidential election. CEO Mark Zuckerberg has made multiple trips to the Capitol to testify in front of Congress, and a number of legislators have called for the company to be regulated.


Company: cnbc, Activity: cnbc, Date: 2018-09-27  Authors: ari levy, reuters jim bourg
Keywords: news, cnbc, companies, policy, facebook, hearings, york, trips, washington, kaplan, times, zuckerberg, sitting, kavanaugh, facebooks, thursdays, head, worked, center


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Five places to visit while the dollar is stronger

The dollar is on a tear, and that means one thing: pack your bags. The DXY U.S. dollar index, which measures the greenback against a basket of currencies, surged to year-to-date highs through August. That makes it relatively less expensive to travel to even the most far-flung destinations around the world. At the same time, international airfares have also come down slightly making it even easier to stretch your budget on a vacation abroad. So dust off your passport, here are the top trips to co


The dollar is on a tear, and that means one thing: pack your bags. The DXY U.S. dollar index, which measures the greenback against a basket of currencies, surged to year-to-date highs through August. That makes it relatively less expensive to travel to even the most far-flung destinations around the world. At the same time, international airfares have also come down slightly making it even easier to stretch your budget on a vacation abroad. So dust off your passport, here are the top trips to co
Five places to visit while the dollar is stronger Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-07  Authors: jessica dickler, david almeida, getty images, image source, dirk freder, vetta, peter adams
Keywords: news, cnbc, companies, travel, tear, dollar, places, worldat, trips, thing, stretch, vacation, visit, yeartodate, surged, stronger


Five places to visit while the dollar is stronger

The dollar is on a tear, and that means one thing: pack your bags.

The DXY U.S. dollar index, which measures the greenback against a basket of currencies, surged to year-to-date highs through August. That makes it relatively less expensive to travel to even the most far-flung destinations around the world.

At the same time, international airfares have also come down slightly making it even easier to stretch your budget on a vacation abroad.

So dust off your passport, here are the top trips to consider, according to the travel pros.


Company: cnbc, Activity: cnbc, Date: 2018-09-07  Authors: jessica dickler, david almeida, getty images, image source, dirk freder, vetta, peter adams
Keywords: news, cnbc, companies, travel, tear, dollar, places, worldat, trips, thing, stretch, vacation, visit, yeartodate, surged, stronger


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Cheap and easy U.S. trips to use your vacation days

Workers in the U.S. took an average 17.2 vacation days in 2017, the highest level in seven years, CNBC reports. However, 52 percent of Americans still did not use their vacation days, based on research by U.S. Travel Association’s Project: Time Off. A record 658 million vacation days went unused. Given that research shows travel can bring happiness and make you more productive, this year, take advantage of your paid time off. To help you maximize all your vacation time, here are five affordable


Workers in the U.S. took an average 17.2 vacation days in 2017, the highest level in seven years, CNBC reports. However, 52 percent of Americans still did not use their vacation days, based on research by U.S. Travel Association’s Project: Time Off. A record 658 million vacation days went unused. Given that research shows travel can bring happiness and make you more productive, this year, take advantage of your paid time off. To help you maximize all your vacation time, here are five affordable
Cheap and easy U.S. trips to use your vacation days Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-04  Authors: jimmy im, george rose, getty images
Keywords: news, cnbc, companies, research, days, took, travel, shows, unusedgiven, trips, vacation, workers, easy, went, cheap


Cheap and easy U.S. trips to use your vacation days

Workers in the U.S. took an average 17.2 vacation days in 2017, the highest level in seven years, CNBC reports. However, 52 percent of Americans still did not use their vacation days, based on research by U.S. Travel Association’s Project: Time Off. A record 658 million vacation days went unused.

Given that research shows travel can bring happiness and make you more productive, this year, take advantage of your paid time off.

To help you maximize all your vacation time, here are five affordable and easy trips in the U.S. you can take for a quick getaway this fall to use three to five vacation days.

1. San Juan, Puerto Rico


Company: cnbc, Activity: cnbc, Date: 2018-09-04  Authors: jimmy im, george rose, getty images
Keywords: news, cnbc, companies, research, days, took, travel, shows, unusedgiven, trips, vacation, workers, easy, went, cheap


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Ride-hailing vs. car ownership: Here’s which really costs more

If you live in a big city, you’ve probably heard this question: Why own a car when you can just use a ride-hailing service? New research from travel organization AAA, which advocates for individual motorists, found that ride-hailing services actually cost more per year than owning a car. Those tallies are based on owning a medium sedan, plus additional costs like gas and insurance. By contrast, ride-hailing services cost $20,118 per year to cover that same distance. Here is a breakdown of how mu


If you live in a big city, you’ve probably heard this question: Why own a car when you can just use a ride-hailing service? New research from travel organization AAA, which advocates for individual motorists, found that ride-hailing services actually cost more per year than owning a car. Those tallies are based on owning a medium sedan, plus additional costs like gas and insurance. By contrast, ride-hailing services cost $20,118 per year to cover that same distance. Here is a breakdown of how mu
Ride-hailing vs. car ownership: Here’s which really costs more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-27  Authors: lorie konish, andrew caballero reynolds, afp, getty images
Keywords: news, cnbc, companies, ridehailing, really, owning, services, parking, trips, ownership, turns, car, cost, vs, costs, heres, pay, based


Ride-hailing vs. car ownership: Here’s which really costs more

If you live in a big city, you’ve probably heard this question: Why own a car when you can just use a ride-hailing service?

It turns out that thinking you can save money that way may be another urban legend.

New research from travel organization AAA, which advocates for individual motorists, found that ride-hailing services actually cost more per year than owning a car.

AAA compared how much you will pay for both in 20 U.S. cities.

It turns out that the average cost to own a car is $7,321 per year not including parking charges, or $10,049 with parking charges.

Those tallies are based on owning a medium sedan, plus additional costs like gas and insurance. The calculation was also based on driving 10,841 miles annually.

By contrast, ride-hailing services cost $20,118 per year to cover that same distance. That calculation includes the usage of a rental car for longer trips. The average driver takes 2.1 road trips per year, according to AAA.

Those costs do vary by city. Here is a breakdown of how much you stand to pay for ride-hailing based on where you live.


Company: cnbc, Activity: cnbc, Date: 2018-08-27  Authors: lorie konish, andrew caballero reynolds, afp, getty images
Keywords: news, cnbc, companies, ridehailing, really, owning, services, parking, trips, ownership, turns, car, cost, vs, costs, heres, pay, based


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Uber gears up for shift to bikes on short trips, CEO expects short-term financial hit

Dara Khosrowshahi said more individual modes of transport were better suited to inner-city travel, despite snatching revenues away from Uber’s drivers. He admitted that in the short term the move would mean a further financial hit for a company that had losses of $4.5 billion last year. Uber first added e-bikes to its app in February, and acquired the bike-sharing company Jump for about $200m in April. Besides transport, Uber has diversified into other business areas from food delivery to freigh


Dara Khosrowshahi said more individual modes of transport were better suited to inner-city travel, despite snatching revenues away from Uber’s drivers. He admitted that in the short term the move would mean a further financial hit for a company that had losses of $4.5 billion last year. Uber first added e-bikes to its app in February, and acquired the bike-sharing company Jump for about $200m in April. Besides transport, Uber has diversified into other business areas from food delivery to freigh
Uber gears up for shift to bikes on short trips, CEO expects short-term financial hit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-26  Authors: shannon bond, michele tantussi, getty images europe
Keywords: news, cnbc, companies, gears, ceo, uber, term, win, short, hit, trips, shortterm, khosrowshahi, financial, longer, company, expects, shift, transport, drivers


Uber gears up for shift to bikes on short trips, CEO expects short-term financial hit

Uber is planning a shift in emphasis from cars to electric bicycles and scooters for shorter journeys as part of its long-term strategy, according to the ride-hailing app’s chief executive.

Dara Khosrowshahi said more individual modes of transport were better suited to inner-city travel, despite snatching revenues away from Uber’s drivers. He admitted that in the short term the move would mean a further financial hit for a company that had losses of $4.5 billion last year.

Ahead of Uber’s highly anticipated flotation, Mr Khosrowshahi said investors had to be aware that short-term losses were necessary to achieve longer-term goals — and part of that was a focus away from cars in inner cities.

“During rush hour, it is very inefficient for a one-tonne hulk of metal to take one person 10 blocks,” he told the Financial Times in an interview. “We’re able to shape behaviour in a way that’s a win for the user. It’s a win for the city. Short-term financially, maybe it’s not a win for us, but strategically long term we think that is exactly where we want to head.”

Uber first added e-bikes to its app in February, and acquired the bike-sharing company Jump for about $200m in April. Jump bikes are available in eight US cities, including New York, Washington and Denver, and are soon launching in Berlin.

More from the Financial Times:

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Uber’s new finance chief is ready for the spotlight

Mr Khosrowshahi, who joined Uber a year ago, has also struck deals with Lime, an electric scooter company, and Masabi, a London-based app that provides mobile ticketing for public transport, with the aim of building what he calls an “urban mobility platform”.

Besides transport, Uber has diversified into other business areas from food delivery to freight brokerage. He said no single product would serve the $6 trillion global mobility market and that the “ultimate competition” for Uber was car ownership, which it would try to disrupt in any way possible. He admitted that Uber makes less money from a bike ride than from the same journey in a car, but said he expected that impact to be offset if customers used the app for more journeys more regularly, an effect the company has already seen with cyclists in San Francisco.

“We are willing to trade off short-term per-unit economics for long-term higher engagement,” he said. “I’ve found in my career that engagement over the long term wins wars and sometimes it’s worth it to lose battles in order to win wars.”

Mr Khosrowshahi acknowledged that Uber drivers would feel the pinch from potential passengers opting for bikes, but said over the longer term, drivers would benefit from a higher proportion of more lucrative longer rides — and less congested roads.

“When I’ve spoken to our driver partners about it, the first impression was, why are you bringing in a bike to compete against me?” he said. “The second impression after the conversation is, oh, I get a longer ride where I can make more money? Sign me up.”


Company: cnbc, Activity: cnbc, Date: 2018-08-26  Authors: shannon bond, michele tantussi, getty images europe
Keywords: news, cnbc, companies, gears, ceo, uber, term, win, short, hit, trips, shortterm, khosrowshahi, financial, longer, company, expects, shift, transport, drivers


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