By Stephanie Kelly NEW YORK (Reuters) – The U.S. firm mentioned on Tuesday that vitality infrastructure firm Enterprise Merchandise Companions reported decrease revenue for the second quarter on account of a major year-over-year decline in pure fuel liquids costs, which hit margins. Adjusted earnings earlier than curiosity, tax, depreciation, and amortization (EBITDA) for the second quarter of 2023 was $2.17 billion, in comparison with $2.36 billion a yr earlier. It mentioned decrease revenues on the corporate’s EFS Midstream System, in addition to decrease volumes of its propylene and octane boosting enterprise, additionally impacted earnings. It added that this was partly

(Reuters) – Uber Applied sciences Inc on Tuesday forecast third-quarter working revenue above Wall Road expectations because it sees elevated demand for the ride-hailing service as a consequence of robust leisure journey tendencies and a gradual return to in-office work. Shares of the San Francisco-based firm had been up greater than 4% in buying and selling earlier than the bell. The inventory has doubled up to now this yr. The ride-sharing platform’s value controls starting from layoffs to chopping transaction prices and sustaining a gentle headcount helped the corporate keep its purpose of posting working revenue this yr. On the