Uber Technologies Inc. is now valued at more than $50 billion and is expected to bring in roughly $2 billion in revenue this year.
But when it comes to the Uber IPO, the company has already made one major mistake.
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The New Cold War: How Russia Has Turned Its Energy Exports Into Weapons of Diplomacy
By Jason Simpkins Last week, (July 20) Chevron Corp. said it would challenge a $290 million back tax claim issued against the Caspian Pipeline Consortium by Russia’s Federal Tax Service. This is yet another attempt by President Vladimir Putin to seize control over all aspects of energy production and transportation within Russia. The Caspian Pipeline […]
This $900 Million Bet Has Global Traders Talking
By Keith Fitz-Gerald Contributing Editor Insiders trade when they know something. They're not supposed to, but they do anyway. It's just a fact of life. Most of the time, it's pretty petty-ante stuff, but occasionally a trade comes along that makes even jaded professionals like me sit up and take notice. Just such a trade […]
This $900 Million Bet Has Global Traders Talking
By Keith Fitz-Gerald Contributing Editor Insiders trade when they know something. They’re not supposed to, but they do anyway. It’s just a fact of life. Most of the time, it’s pretty petty-ante stuff, but occasionally a trade comes along that makes even jaded professionals like me sit up and take notice. Just such a trade […]