Uber’s Big Loss, Boeing’s 787 Trouble, and More Car News This Week

Uber’s Big Loss, Boeing’s 787 Trouble, and More Car News This Week

It’s summertime, and the profits are measly. Nonexistent, actually: Uber this week announced it lost $5.2 billion this past quarter, while posting record low revenue growth. Rival Lyft did better, losing just $644 million in the same span. Uber CEO Dara Khosrowshahi called the loss a “once in a lifetime hit,” since much of it …