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Uber customers paid more than $6 billion in cash last year, and accounting for it isn’t easy

Uber says it’s a technology platform but the company accepts cash, a dangerous low-tech way to boost revenue in Brazil and some other foreign locations ......»»

Category: topSource: marketwatchAug 16th, 2019

Uber customers paid more than $6 billion in cash in one year

Uber customers have paid over 6 billion dollars in cash. Veuer’s Natasha Abellard has the story......»»

Category: topSource: moneycentralAug 19th, 2019

Netflix’s earnings: The price tag on global domination is getting clearer

Free cash flow topped a negative $3 billion last year as the movie-streaming company booked 167 million global paid subscriptions......»»

Category: topSource: marketwatchJan 22nd, 2020

GE posts loss; raises cash forecast, beats on adjusted EPS

General Electric Co posted a $1.3 billion loss in the third quarter on Wednesday, and said revenue was flat as it struggles to restore growth and profits after taking a $22 billion accounting charge a year ago......»»

Category: topSource: reutersOct 30th, 2019

Chase Freedom Unlimited, Citi Double Cash top list of best cash back credit cards

Cash back credit cards, if paid off in full each month, can net you hundreds of dollars a year. But with so many options, from one-time bonuses to quarterly rewards, it's easy to get overwhelmed.       &#.....»»

Category: topSource: usatodayJun 2nd, 2018

Sony Paid $2.3 Billion for That Huge Guidance Boost

A non-cash accounting adjustment was a big contributor to its more optimistic outlook......»»

Category: topSource: washpostOct 30th, 2018

Sprint parent"s $100B Vision Fund could run out of cash in less than two years

SoftBank Group Corp.'s nearly $100 billion Vision Fund could run out of cash in a year and a half, The Wall Street Journal reports.  The fund, which has invested in companies such as Uber Technologies Inc. and WeWork Cos. LLC, has burned through abou.....»»

Category: topSource: bizjournalsFeb 7th, 2019

TowerJazz Reports Full Year 2019 Results with 5% Organic Revenue Growth; Expects Revenue Growth for 2020

Full Year 2019 Revenues of $1.23 Billion Resulting in Positive Cash from Operations of $291 Million and Free Cash Flow of $119 Million MIGDAL HAEMEK, Israel, Feb. 18, 2020 (GLOBE NEWSWIRE) -- TowerJazz (NASDAQ:TSEM.....»»

Category: earningsSource: benzingaFeb 18th, 2020

UK digital bank Monzo plans to hire 500 and relaunch paid accounts

Fast-growing British digital bank Monzo plans to hire up to 500 people and forecasts it will get 5.5 million users this year, as it prepares to have another crack at charging some customers to turn a profit......»»

Category: topSource: reutersFeb 17th, 2020

Little-known employment contract provision enables billions of dollars in wage theft each year

Forced arbitration cost low-paid workers $12.6 billion in 2019, according to a new analysis by an employee advocacy group......»»

Category: topSource: washpostFeb 13th, 2020

There’s a little-known employment contract provision enabling billions of dollars in wage theft each year

Forced arbitration cost low-paid workers $12.6 billion in 2019, according to a new analysis by an employee advocacy group......»»

Category: topSource: washpostFeb 13th, 2020

WeWork says to become free cash flow positive by 2022

Office sharing startup WeWork on Tuesday brought forward its target for becoming free cash flow positive by a year to 2022 and said it expects to post its first ever $1-billion revenue quarter this year......»»

Category: topSource: reutersFeb 11th, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion this year......»»

Category: topSource: reutersFeb 6th, 2020

Uber Jumps After Beating Expectations, Despite $8.5 Billion Full Year Loss

Uber Jumps After Beating Expectations, Despite $8.5 Billion Full Year Loss Having plunged to an all time low after report.....»»

Category: blogSource: zerohedgeFeb 6th, 2020

Strong cash flow keeps Total"s fourth-quarter net profit steady

French energy major Total said on Thursday that its net adjusted profit for the fourth quarter of 2019 was steady at $3.2 billion compared with the same period a year ago, supported by strong cash flow, despite low oil prices......»»

Category: topSource: reutersFeb 6th, 2020

Slack Stock Isn’t Oversold, It’s Just a Very Risky Investment

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Slack ended the third quarter with more than 105,000 paid users, up 30% year over year. Also of note, it added 101 paid customers in the quarter who generate more than $100,.....»»

Category: topSource: investorplaceJan 30th, 2020

When blockchain arrives in fintech, old-line payment processors will feel the pain

Blockchain will dramatically lower transaction costs for retailers, which paid a collective $108 billion last year......»»

Category: topSource: marketwatchJan 22nd, 2020

Hedge funds amass $3.3T cash hoard to start Roaring "20s

The record-setting year occurred despite net outflows of $13.6 billion in the fourth quarter......»»

Category: topSource: foxnewsJan 21st, 2020

When blockchain arrives in fintech, Visa, PayPal and other companies will feel the pain

Blockchain will dramatically lower transaction costs for retailers, which paid a collective $108 billion last year......»»

Category: topSource: marketwatchJan 21st, 2020

Metro needs more money to staff up, launch the Silver Line"s second phase

Metro will need some extra cash to start running trains on the $2.8 billion second phase of the Silver Line. Washington Metropolitan Area Transit Authority staff is asking for about $23.6 million to be added to the fiscal year 2020 budget in order .....»»

Category: topSource: bizjournalsJan 14th, 2020

The Fed"s payments to the Treasury hit a decade low in 2019 as the repo crisis raged

REUTERS/Kevin Lamarque The Federal Reserve last year paid the US Treasury its smallest sum in a decade, doling out $54.9 billion.....»»

Category: topSource: businessinsiderJan 12th, 2020