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The Walt Disney Company
Lockheed Martin Corporation
Occidental Petroleum Corporation
Spotify Technology S.A.
Twenty-First Century Fox, Inc.
VICI Properties Inc.
Tradeweb Markets Inc.
Coupa Software Incorporated
Cypress Semiconductor Corporation
Zayo Group Holdings, Inc.
Pivotal Software, Inc.
BJ's Wholesale Club Holdings, Inc.
Hutchison China MediTech Limited
Advanced Disposal Services, Inc.
Biohaven Pharmaceutical Holding Company Ltd.
Homology Medicines, Inc.
The Australian dollar has broken higher during the trading week, as we continue to see moves to the upside. There is a massive amount of support underneath at the 0.67 level as we have formed a bit of a “double bottom” in that area, and as a result now we have to question whether or not a trend change is about happen.
The Australian dollar had rallied a bit during the trading session on Friday, and as the jobs never came out of America much stronger than anticipated, there was more of a “risk on” sentiment out there.
Okta's (OKTA) third-quarter fiscal 2020 results benefit from new customer additions and growing international momentum driven by increasing adoption of Identity solutions.
Achieving your retirement goals takes a much different investing approach than regular stock trading, from smartly managing risk to keeping emotions in check.
Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.
The NZD/USD has been bullish since Monday’s strong rally was fueled by talk of fiscal stimulus to boost the New Zealand economy. The Kiwi was also boosted after an unexpected rebound in Chinese manufacturing raised hopes of a brighter outlook for the world economy.
The British pound has taken a breather on Friday, but is up almost 2 percent on the week. The pound has gained ground as the Conservatives continue to hold a lead in election polls. The Aussie and NZ dollar have also posted sharp gains against the U.S dollar this week.
Gig economy companies are finally starting to take more responsibility for the safety of their customers, campaigners say, after drastic moves from Uber and Airbnb this week. The figures shocked some observers, but the increased transparency won Uber praise from campaigners against sexual assault. “Sexual assault is vastly under-reported, and this is a groundbreaking step in raising awareness and encouraging survivors to share their stories,” said the National Network to End Domestic Violence, a US campaign group.
(Bloomberg) -- Uber Technologies Inc. found more than 3,000 allegations of sexual assaults involving drivers or passengers on its platform in the U.S. last year, part of an extensive and long-awaited review in response to public safety concerns.The ride-hailing company released an 84-page safety report Thursday, seeking to quantify the misconduct and deaths that occur on its system and argue that its service is safer than alternatives.U.S. customers took about 1.3 billion trips last year, Uber said. About 50 people have died in Uber collisions annually for the past two years, at a rate about half the national average for automotive fatalities, according to the company. Nine people were killed in physical assaults last year, Uber said.Uber drivers reported nearly as many allegations of sexual assault as passengers, who made 56% of the claims. There is little comparable data on assaults in taxis or other transportation systems, and experts have said the attacks are widely under-reported. The assault claims reported to Uber ranged from unwanted kissing to forcible penetration.“Uber is very much a reflection of society,” said Tony West, Uber’s chief legal officer who helped spearhead the two-year research effort. “The sad, unfortunate fact is that sexual violence is more prevalent in our society than people think. People don’t like to talk about this issue.”Uber had committed more than a year ago to release a safety study, a promise Lyft Inc. made soon after. Lyft, the second-biggest ride-hailing provider in the U.S., has yet to publish a report. On Thursday, Uber said it would regularly share data with Lyft and other companies about drivers accused of serious safety lapses and continue publishing safety reports every two years.Uber has faced a steady stream of complaints in court across the country over driver misconduct, and Lyft has recently seen an explosion in legal claims by passengers. Just in California, at least 52 riders have sued Lyft this year over allegations they were assaulted or harassed by their drivers, according to filings reviewed by Bloomberg.“We remain committed to releasing our own safety transparency report and working within the industry to share information about drivers who don’t pass our initial or continuous background checks or are deactivated from our platform,” Lyft spokeswoman Alexandra LaManna said in a statement.Any number of deaths or violence is a reminder of the risks inherent to taking a ride with a stranger and the limited oversight the company has over what occurs. By publishing the data, Uber is taking an unusual step for a company, by drawing attention to the dangers of its product. The stock fell about 1.5% in extended trading after Uber put out the report.Uber shares had already fallen more than 35% from its May initial public offering through Thursday’s close. Its largest shareholder is Japan’s SoftBank Group Corp., which has struggled with its bets on Uber, WeWork and other startups in recent months.Uber has faced similar complaints in countries beyond the U.S. The company was sued in 2017 by a woman who alleged top executives violated her privacy after one of its drivers in India allegedly raped her.Regulators in London cited uncertainty about Uber’s ability to ensure the well-being of its passengers as a reason they revoked the company’s license to operate there last week. Uber will be able to continue operating in the U.K. capital as it appeals the decision. Dara Khosrowshahi, the chief executive officer, said at an event earlier this week that “a precursor to trust is transparency.”According to the study, the proportion of assaults to total trips decreased by 16% last year as Uber implemented new safety tools, such as contacting drivers and customers when the system identifies unusual activity, as well as adding a button to dial 9-1-1 from the app. “I do think Uber is one of the safest ways to get from point A to point B,” said West.Uber disclosed five categories of sexual assault allegations. In 2018, Uber received 1,560 reports of non-consensual touching of a sexual body part, 594 reports of non-consensual kissing of a non-sexual body part, 376 reports of non-consensual kissing of a sexual body part, 280 reports of attempted non-consensual sexual penetration and 235 reports of non-consensual sexual penetration.The extent of sexual misconduct, while staggering, isn’t unique to Uber, said Ebony Tucker, executive director at Raliance, an advocacy and consulting firm focused on preventing sexual violence. Uber’s findings “didn’t surprise any of us,” she said. “Sexual assault is pervasive. It’s everywhere.”Counting assaults is a complicated exercise. Only about a third of claims the company received about penetration without consent were reported to the police, Uber estimated. In about a quarter of cases, Uber said its team didn’t successfully communicate with the victim after the initial report. Women reported 89% of the rape allegations, the company said.Uber opted not to disclose many other troubling forms of sexual misconduct that it had previously identified as possible reporting categories. For instance, the company didn’t say how many times drivers and riders made inappropriate comments to one another, nor did it disclose incidents of indecent exposure.But advocates for victims of sexual violence called the decision to release data a potential watershed moment. “It’s really unprecedented for a company to collect this kind of systematic data over time and then share it with the public,” said Karen Baker, chief executive officer of the National Sexual Violence Resource Center, which advised Uber on the study. Baker said she has urged other companies in the hospitality and transportation industries in the U.S. to follow suit.Both Baker and Uber’s legal chief said the company may see an increase in reports of sexual misconduct in the future. That would actually be a positive sign, Baker said, because it would reflect victims’ confidence that their claims would be taken seriously.(Updates with Lyft statement in eighth paragraph.)\--With assistance from Robert Burnson.To contact the reporters on this story: Eric Newcomer in San Francisco at email@example.com;Lizette Chapman in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Mark Milian at email@example.com, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
(Bloomberg) -- An injunction granted to Televisa by a Mexican court will not delay the approval of Walt Disney Co.’s purchase of 21st Century Fox Inc.’s entertainment assets, according to a statement from Mexico’s telecom regulator.The injunction doesn’t deal with the approval of the acquisition, but rather with the finding of an investigating authority that rejected Televisa’s argument that the merger represented an illegal concentration in the industry, according to a statement from the telecom regulator known as IFT.Televisa argued the regulator, which oversaw the deal in Mexico, unfairly dismissed its arguments about threats to competition from the deal, a person familiar with the matter said.According to the statement from the telecom regulator, the judge’s decision is not final, deals only with the regulator’s investigating authority and doesn’t have an impact on the approved acquisition.The IFT said in March it approved Disney’s purchase of the Fox assets on the condition that the companies agree to sell Fox Sports channels and programming rights in Mexico. The regulator gave Disney a six-month extension to sell those assets in November.To contact the reporter on this story: Dale Quinn in Mexico City at firstname.lastname@example.orgTo contact the editors responsible for this story: Ney Hayashi at email@example.com, Andrea NavarroFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
An average of eight people reported sexual assaults while using Uber’s service each day in the US, according to a first-of-its-kind safety report released by the car-booking app on Thursday. While the numbers are difficult to put in context for a service that offers more than 3m trips a day, the raw figures are jarring: in 2018 Uber reported 3,045 incidents of sexual assault in the US, ranging from non-consensual kissing to non-consensual sexual penetration. Sexual assault of the most serious kind occurred 235 times last year — more than four times a week.
Nonfarm payrolls from the U.S will influence later in the day. The UK election opinion polls and trade news also need a watchful eye.
Okta (OKTA) delivered earnings and revenue surprises of 41.67% and 6.56%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?