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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

NEWBURY PARK (KGTV) -- A wind-driven brush fire has erupted in Southern California, burning near structures in the Newbury Park area of Ventura County.Cal Fire says the Hill Fire has quickly grown to 5,000 to 7,000 acres, shutting down both directions of Highway 101, as of 4 p.m. More than 160 firefighters have been dispatched, and eight air tankers have been ordered.At a Thursday night news conference, Ventura County fire officials said they expect the blaze to burn all the way to the Pacific Ocean. Should winds pick up, the blaze could reach the ocean by Friday morning. According to firefighters, the fuel burning hasn't seen a wildfire in a long time, adding to the intensity of the fire. One firefighter did receive minor injuries fighting the blaze. The nature of the injury wasn't specified. The Hill Fire is about 5 miles from the site of a shooting Wednesday night at a bar in Thousand Oaks, California, in which 12 people were killed.It's the second brush fire in the area as another fire, dubbed the Woolsey Fire, had burned about 300 acres to the east in the Bell Canyon area as of 4 p.m.Gusty Santa Ana winds are blowing through Ventura and neighboring Los Angeles counties at about 25-30 miles per hour. Wind speeds are set to peak Friday morning.The fire's spread has prompted evacuations to the following areas: 1371

NORTH COLLEGE HILL, Ohio — Police in North College Hill, Ohio arrested an alleged cookie thief.Noel Hines, 31, is accused is stealing more than ,600 worth of Girl Scout Cookies. That's 400 boxes of Thin Mints, Tagalongs or Trefoils based on the 2018 price of per box.According to information from North College Hill police on Facebook, Hines took a large order of cookies to sell for a local troop on March 30. When it came time to turn in funds from cookie sales, the Girls Scouts of Western Ohio never received funds from Hines, according to court documents.The Girl Scouts organization and police officers attempted to contact Hines for six months regarding the payment. Police arrested her on Tuesday and charged her with theft. Hines is expected to be arraigned at 9 a.m. Wednesday."That's the way the cookie crumbles," police posted on Facebook. 874

NEW YORK (AP) — Kanye West is bringing his Yeezy brand to Gap. The rap superstar will design adult and kids clothing that will be sold at Gap next year. Yeezy is best known for its pricey sneakers that quickly sold out online, but Yeezy footwear won't be sold at Gap. The retailer hopes the deal will keep it relevant with shoppers as its sales dwindle. For Yeezy, it could get the brand in front of more people, since the line will be sold at Gap's more than 1,100 stores around the world. 498

NEW YORK (AP AND CNN) — A sharp loss for Facebook is helping to pull technology companies lower as stock indexes decline in early trading.Facebook slumped 5.3 percent early Monday. The company is facing new criticism following reports that a data mining firm employed by the Trump campaign improperly kept data on tens of millions of users.CNN reported that that Cambridge Analytica, a data firm with ties to President Donald Trump's campaign, reportedly gained access to information about 50 million Facebook users.The data was collected by a professor for academic purposes in accordance with Facebook rules, the company said. But then the information was transferred to third parties, including Cambridge Analytica. The transfer violated Facebook policies.Facebook's stock was on pace for its biggest loss in four years. The sharp loss also dragged tech companies lower for as U.S. stock indexes skid. Chipmaker Nvidia lost 1.1 percent.Shopping mall owner GGP was unchanged percent after Reuters reported the company had received a revised takeover offer.The S&P 500 fell 17 points, or 0.6 percent, to 2,734.The Dow Jones industrial average lost 174 points, or 0.7 percent, to 24,772. The Nasdaq fell 69 points, or 0.9 percent, to 7,412.Bond prices fell. The yield on the 10-year Treasury rose to 2.86 percent. 1360

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