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Lyft said to lose US$600m in 2016 even as revenue surges

(Source: www.businesstimes.com.sg)

Lyft Inc, the second-largest ride-hailing startup in the US behind Uber Technologies Inc, lost about US$600 million last year while increasing revenue 250 per cent, according to people familiar with the matter. 550 more words

Money Matters

Time for Resolutions

Hey all! I’m ready to get serious about New Year’s Resolutions this year. Yes I know most gung-ho folk do this on Jan 1st, but I just wrapped up my 5 year olds birthday party this past weekend so now it’s time to get down to business. 515 more words

Life

Trade Idea - Aegon

On 10 January 2017 the Aegon position has been sold at EUR 5.082. The realized appr. half year profit is 30.24% before any taxes and fees.

Apple's 2016 Stumble Causes Tim Cook to Lose Pay

Tim Cook could’ve been richer in 2016—if only Apple would have performed as well as it should have.

The Apple CEO took home $8.7 million in compensation in 2016, a fine sum for most, but just below what he could’ve made had Apple generated more revenue and operating profit in 2016, the company… 423 more words

Tech

Samsung's Q4 Profit Has a Surprise Surge

Samsung Electronics said on Friday its fourth-quarter operating profit likely leapt 50% from a year earlier to its highest in more than three years, beating expectations on strong memory chip and display sales. 264 more words

Tech

U.S. small business borrowing rises as Trump elected president

http://www.biphoo.com/bipnews/business/u-s-small-business-borrowing-rises-as-trump-elected-president.html #Business http://www.biphoo.com/bipnews/wp-content/uploads/2017/01/U.S.-small-business-borrowing-rises-as-Trump-elected-president.jpg
U.S. small business borrowing rises as Trump elected president
Borrowing by small U.S. firms ticked up in November, data released on Thursday showed, as Americans unexpectedly elected Republican Donald Trump as their next president and investors bid up U.S. 7 more words

U.S. small business borrowing rises as Trump elected president

http://www.biphoo.com/bipnews/business/u-s-small-business-borrowing-rises-as-trump-elected-president.html
U.S. small business borrowing rises as Trump elected president
Borrowing by small U.S. firms ticked up in November, data released on Thursday showed, as Americans unexpectedly elected Republican Donald Trump as their next president and investors bid up U.S. 19 more words