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US Vice President Mike Pence shakes hands with Guatemala's President Jimmy Morales during a photo opportunity before a meeting at the National Palace of Culture in Guatemala City, Guatemala June 28, 2018. [Photo/Agencies]

Uber's ride-hailing business has been a consistent money-loser despite its worldwide operations. On Friday, investors will have the chance to place their bets on the future of Uber as it launches an initial public offering.

US President Donald Trump has directed US Trade Representative Robert Lighthizer to consider increasing the proposed level of the additional duty from 10 percent to 25 percent, the USTR said in a statement on Wednesday.

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US President Donald Trump, who is trailing in national and battleground state polls, wants a deal on a new and much higher-priced stimulus package before Election Day, but Senate Majority Leader Mitch McConnell is balking at any deal before Nov 3.

US further restricts Huawei tech access - World - Chinadaily.com.cn

US President Donald Trump said on Tuesday that his administration will "move aggressively" to repel efforts to interfere in American elections and he accepted the US intelligence community's assessment that Russia meddled in the 2016 presidential election.

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UVS Intelligence System, a privately owned drone-maker in Shanghai, said that a U650 cargo drone carried out China's first drone-based postal delivery on May 29, transporting about 200 kilograms of goods from Shanghai's Jinshan district to Shengsi Island of Zhejiang province's Zhoushan Archipelago in a 52-minute flight.

Uber Eats generated .46 billion in revenue last year, up from 7 million in 2017, according to the IPO documents. Forbes called Uber Eats the company’s “secret gold mine.” Uber Eats launched just over three years ago and has 220,000 restaurants on the app in more than 500 cities globally.

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US House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer on Wednesday signaled willingness to embrace a trimmed-down COVID-19 relief bill, urging Senate Majority Leader Mitch McConnell to join negotiations.

Uber app on an iPad. [Photo/IC]