Business

Travis Kalanick is now a real-life billionaire

Travis Kalanick is now a real-life billionaire

Bloomberg said Kalanick offered to sell up to half his stake but reduced that due to limits in the agreement between Uber and the buyers. Now, he'll be selling to SoftBank, which recently closed a deal to buy about 15% of a stake in Uber at a 30% discount , in a deal valuing the startup at $48 billion.


Country legend Mickey Gilley injured in crash

Country legend Mickey Gilley injured in crash

Gilley, who says the air bags never deployed, suffered a broken ankle and fractured shoulder. His son sustained minor bruises. Gilley has rescheduled his live show that was previously for Saturday (Jan. Another driver ran a stop sign in front of the 2013 Toyota SUV Michael Gilley was driving, and though he swerved to try to avoid an accident, he ended up clipping the other vehicle.


Iceland Is Taking On The Gender Pay Gap Like No Other Country

Iceland Is Taking On The Gender Pay Gap Like No Other Country

The North Atlantic island nation, which has a population of about 330,000, wants to eradicate the gender pay gap by 2022. Women protest in Reykjavik, Iceland, after leaving work at precisely 2.38pm on an October day in 2016 in a protest about equal pay.


United Kingdom vehicle sales drop in 2017 for first time in 6 years

United Kingdom vehicle sales drop in 2017 for first time in 6 years

Figures released by the Society of Motor Manufacturers & Traders (SMMT) reveal there were 2.5 million new cars registered previous year, the lowest number of vehicle sales since 2011. It's fair to say the steep decline in demand for diesel cars is causing both frustration and consternation within the motor industry. "The cost of regulatory compliance has led manufacturers to consider the financial viability of producing diesel cars below €35,000, while consumers are considering the merits of ...


FCC Chair Ajit Pai cancels his CES appearance days before show

FCC Chair Ajit Pai cancels his CES appearance days before show

Pai has consistently attended CES for half a decade . Pai and Federal Trade Commission Acting Chair Maureen Ohlhausen were to appear in a session titled "Insights from the FCC and FTC". While the net neutrality rule applies to those ISPs that hold themselves out as neutral, indiscriminate conduits to internet content, the converse is also true: the rule does not apply to an ISP holding itself out as providing something other than a neutral, indiscriminate pathway - i.e., an ISP making ...


Commercial aviation enjoys safest year

Commercial aviation enjoys safest year

To compile its list , the website's team of editors evaluated each airline based on its standing with global regulators, its fatality record over the past 10 years, the age of its fleet of planes, its result from an worldwide Air Transport Association (IATA) safety audit, and whether its country of origin conforms with the global Civil Aviation Organization's eight-point safety parameter.