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NEW YORK (AP) — Uber shares sunk even further after its disappointing stock market debut as doubts lingered over the company's ability to turn a profit and trade tensions dragged down the overall market.The ride-hailing giant's stock fell 10% and hovered around Monday afternoon on Uber's first full day of trading.The mounting losses followed Uber's disappointing initial public offering. On Friday, it took a 7 million hit — the largest loss on the first day of trading by a U.S.-based company in recent history, according to Renaissance Capital.Uber's earliest investors are still making money off the IPO, but "for late-round investors, it's possible by the time they exit they will end up with a loss," said Jay Ritter, finance professor at the University of South Florida.Among the recent big investors — and perhaps losers — is PayPal, which had disclosed plans to buy 0 million in Uber stock at the IPO price of .Uber has had no trouble convincing venture capitalists to pour money into its earlier funding rounds, but with its unclear path to profitability, it's having a more difficult time with Wall Street investors."It's clearly a high-risk, high-reward scenario. You're betting on something that may happen 10 years down the road," said Matt Kennedy, senior IPO market strategist at Renaissance Capital, a manager of IPO exchange traded funds. "Public investors are looking at profits and not seeing any, and the company's growth in the last quarter was relatively strong, but I don't think it blew anyone away."Uber's main U.S. rival, Lyft, is in a similar spiral. Its stock was trading below on Friday, down 33% from its IPO price of .It's rare to see shares in a tech company hit so hard upon going public. Over the past five years, just 10% of similar companies finished their first day of trading below their IPO price, Kennedy said.Uber's revenue last year surged 42% to .3 billion, but the company admits it could be years before it turns a profit. 2000

Nestlé Prepared Foods is recalling more than 92,000 pounds of its Lean Cuisine Baked Chicken frozen meals after receiving complaints from consumers finding plastic pieces in their meals.On Saturday, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced the products that may be contaminated with extraneous materials, specifically white hard plastic pieces.The agency believes that the mashed potatoes used in the meal were contaminated with pieces of a plastic conveyor belt that broke during production.According to the press release, the products were produced and packaged on September 2, 2020, and shipped nationwide. The products bear the establishment number "EST.P-9018," which can be found on the side of the case near the lot number, the agency said.They have a best before date of October 2021.Although they have not received any reports of illness or injury, FSIS is concerned that some products may be in consumers' freezers.FSIS advises that if you have purchased the recall item, throw it away or return it to where you bought it. 1088

New technology could be the way guns are made, and you can use it right in your own home.Starting this week, Americans can start legally downloading instructions on how to use a 3D printer to make their own gun. The guns cannot be traced and there’s no background check required.“This is building a gun in your home by pressing a button, says David Chipman, a former ATF Special Agent and an advisor to the Giffords Law Center to Prevent Gun Violence. “That’s an entirely different thing from past technologies.”  Chipman says he worries about the future and 3D guns getting in the wrong hands.“Although the threat might not be immediate, next month, five…10 years, it could really change the landscape on how criminals and terrorists get guns,” Chipman says.But the NRA points out there are laws that prevent violent criminals from even having a gun. 869

NEW YORK (AP) — A new government report shows that since the coronavirus pandemic began, the U.S. has seen 300,000 more deaths than it usually would.The Centers for Disease Control and Prevention has been tracking how many deaths have been reported and comparing them with counts seen in other years. Usually, between the beginning of February and the end of September, about 1.9 million deaths are reported. This year, it’s closer to 2.2 million – a 14.5% increase.The CDC says the coronavirus was involved in about two-thirds of the excess deaths. CDC officials say it’s likely the virus was a factor in many other deaths too. For example, someone with heart attack symptoms may have hesitated to go to a hospital that was busy with coronavirus patients.The largest segment of the excess deaths, about 95,000, were in elderly people ages 75 to 84. That was 21.5% more than in a normal year. But the biggest relative increase, 26.5%, was in people ages 25 to 44. Deaths in people younger than 25 actually dropped slightly.Deaths were up for different racial and ethnic groups, but the largest increase – 54% – was among Hispanic Americans.According to a printed study in the Journal of Hospital Medicine, since the pandemic began, the mortality rate among hospitalized patients dropped by 18 percentage points.Researchers said the patients in the study now have a 7.6% chance of dying, whereas they had a 25.6% chance of dying at the start of the pandemic. 1465

NOGALES, Arizona — Military officials were on the U.S./Mexico border today to talk about adding security in preparation for the migrant caravan.Talking with army soldiers from the DeConcini and Mariposa port of entries, they say, they're taking Customs and Border Protection's lead. They say the Department of Defense has military units out here until December 15th. But that date is mission dependent."Engineering is engineering. Regardless of where we are in the world, whether we're training back at Ft. Hood, Texas, or whether we're in Tucson, Arizona, or Iraq or Afghanistan, we provide capability to whoever we're supporting. And in this case, we're supporting the Customs and Border Protection," said Lt. Col. Chad Caldwell, the 62nd Engineer Battalion commander.These soldiers are a part of the 5,000 troops near the country's southwest border to prepare for the expected arrival of the migrant caravan. Last week, they started placing razor wire above the border fence, a task that is not yet complete. And yesterday, the army helped close two lanes at the DeConcini port of entry."It has been a challenge. It is not a standard mission-set to be trained for back in Ft. Hood, but as Army engineers, our job is to solve difficult problems for whoever we're supporting," said Caldwell."Weld the pickets up to the fence, run the c-wire with barbed-wire underneath it, and strap it to it. Our role is to support the CBP and do whatever they ask us to do," said Sgt. Douglas Hughes, the Platoon Sgt. for the 104th Engineer Construction Company.There is no official word, yet, if they plan on keeping these reinforcements in place after the caravan has arrived, if it does. CBP says there's a good chance the migrant caravan will arrive in about a week. 1764

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