Tag Archives: Billion

Uber, Losing $1.8 Billion a Year, Reveals I.P.O. Filing

The world’s largest ride-hailing service unveiled its prospectus for what is likely to be the biggest initial public offering for years. Read more detail on Recent Business Law posts –

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About $10 billion In Child Support Goes Uncollected

From CBS News: R&B singer R. Kelly stopped making child support payments almost a year ago after his former wife came forward with allegations of abuse. He proceeded to rack up a $161,000 support bill that was paid only after… … Continue reading

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Boeing takes $5 billion hit as Indonesian airline cancels 737 MAX order

Enlarge / A Garuda Indonesia 737-800. The airline is moving to cancel orders for the 737 MAX after the Lion Air and Ethiopian Airlines crashes. (credit: Boeing) Indonesia's largest air carrier has informed Boeing that it wants to cancel a … Continue reading

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SoftBank and Other Investors May Buy $1 Billion Stake in Uber’s Self-Driving Cars

The talks precede Uber’s initial public offering and may ease worries about how costly it is to develop autonomous vehicles. Read more detail on Recent Business Law posts –

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Court’s Biometrics Ruling Poses Billion Dollar Risk to Facebook, Google

Fortune: “The Supreme Court of Illinois on Friday ruled that an amusement park, Six Flags Great America, must pay damages to a boy for collecting his thumbprint without proper consent. The decision in the closely-watched case opens the door for … Continue reading

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