Corporate Watch Feature Posts

Uber makes its stock market debut – and its drivers go on strike.

On Friday, Uber became a publicly traded company. And to mark that occasion, Uber (and Lyft) drivers in the U. S. and parts of Canada went on strike last Wednesday. Why did the drivers go on strike? And why has Uber's stock price plunged since it went public Friday? Ironically, the answer to both questions can be found in an  April 11 document Uber released itself - its long-awaited Initial Public Offering (IPO) prospectus. It...

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