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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
NEW YORK CITY — A woman was seriously injured Monday night when a man unexpectedly pushed her into a train pulling into a Manhattan subway station, according to the NYPD.Police said the shoving happened around 9:30 p.m. at the West 4th Street-Washington Square subway station near Sixth Avenue in Greenwich Village.The 55-year-old woman was standing on the platform when the man suddenly pushed her into a moving train pulling into the station, officials said.The victim hit the side of the train and then fell back onto the platform, police said.She was rushed to a nearby hospital in serious condition. The NYPD later said the woman sustained a fractured spine and broken neck in the seemingly random attack.Police responded and took a Queens man, who they believed to be responsible, into custody, according to authorities.Matthew Montanez, 23, was arrested on charges including felony assault and felony reckless endangerment, the NYPD said.This story was originally published by Mark Sundstrom on WPIX in New York City. 1032

NEW YORK — A judge says Mary Trump can talk about the highly critical book she wrote about her uncle over the objections of President Donald Trump's brother. The ruling was issued late Monday by Judge Hal B. Greenwald in Poughkeepsie. The judge reversed orders he had issued temporarily blocking Mary Trump and her publisher, Simon & Schuster, from publishing or distributing a tell-all book about the president. An appeals judge had already lifted the order blocking Simon & Schuster. The book, “Too Much and Never Enough: How My Family Created the World’s Most Dangerous Man,” was originally to be published at the end of July. The publisher announced last week it would be published Tuesday. Simon & Schuster and a lawyer for Mary Trump praised the ruling. 779
Nicholas Benim survived in the woods alone for four days. Benim’s family said he got turned around while hunting in Oregon's Clackamas County Sunday night and separated from his hunting group.The hunter reunited with his family Wednesday afternoon at a ranger station in Estacada.The family says Benim is exhausted, with cuts on his hands and bad blisters on his feet. Besides that, he’s doing OK.“What a blessing, two hours ago they said they got him and we were so happy,” said father Daniel Benim.“Things could have gone either way, because we had no idea where he was,” said brother Bobby Benim.Daniel Benim said, “I’m a proud dad right now. He can barely talk right now, he’s tired, his feet are blistered.”Nick Benim was all smiles after a very lucky run-in with an off-duty U.S. Forest Service employee.“It was the first sign of human life he’d seen in ages, and all he was thinking was, ‘Oh my gosh, please stop and help me,’” said Bobby Benim.“Yep, it was just a tired wave,” said Mike Burri, the Forest Service worker who found Benim. “This guy looks tired, beat up, real wet, cuts on his hands, didn’t look in real good shape.”Burri said he was on his way to go hunting when he spotted Benim walking along Forest Service Road 4611, west of where Benim was separated from his group.“He said, ‘Hey, I’ve been lost for four days, can you take me into town?’” said Burri.Exhausted and hungry, Benim told Burri he got turned around while hunting Sunday night. He had to drink from the creek for days and make fires at night.“He had a Snickers bar for a while, over the past two days so he was pretty hungry,” said Burri.Burri said it’s remarkable how many miles Benim covered. Benim started near Hideaway Lake in Clackamas County. By the time he was found, after getting turned around multiple times, Burry thinks Benim covered up to 25 miles.“There’s no trails, that’s all wilderness,” said Burri.“Nick was prepared. He had a compass, he had a lighter, water bottle, little bit of food, he had a solar blanket. He was able to make fires at night,” said Bobby Benim.Benim is now back home with his wife and five young kids. His family wants to thank everyone who helped look for him. The Forest Service says this is another reminder to always be prepared when you head outdoors. 2297
NORMAL HEIGHTS (KGTV) - A dog died in an apartment fire in Normal Heights on Sunday afternoon.The fire started around 4:12 p.m. at 3546 Monroe Avenue. Officials say the owner had multiple dogs living in the unit, but only one was killed. No other injuries were reported.The fire was extinguished in less than 10 minutes. It started as a couch fire, caused by a faulty extension cord, officials said. 408
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