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Business & Lifestyle

Former Uber CEO Kalanick replies to venture capital firm’s lawsuit

SAN FRANCISCO (UPI) -- Uber co-founder and former CEO Travis Kalanick filed a reply in court to a fraud lawsuit brought by an investor. Legal documents submitted Thursday by Kalanick in Delaware Chancery Court said a lawsuit by Benchmark Capital was initiated "as part of its public and personal attack" on him. Benchmark was an early Uber investor. It sued Kalanick earlier in August, accusing him of fraud, breach of contract and breach of fiduciary duty in his attempt to remain CEO of the […]

todayAugust 18, 2017 15

Business & Lifestyle

Uber investor sues former CEO Kalanick for fraud

SAN FRANCISCO (UPI) -- One of the investors behind the ousting of Travis Kalanick from Uber earlier this summer sued the former CEO on allegations of fraud Thursday. Benchmark Capital Partners, one of the largest shareholders in the ride-hailing service, filed the lawsuit in Delaware Chancery Court. It accused Kalanick of breaching his fiduciary duty and contractural obligations by loading up Uber's board with friends. Though Kalanick resigned as CEO in June, he remains on the company's board. The lawsuit says Kalanick stacked the […]

todayAugust 10, 2017 3

Business & Lifestyle

Former Anheuser Busch CEO arrested for trying to fly helicopter while intoxicated

Ray Downs United Press International SWANSEA, Ill. (UPI) -- August Busch IV, the former CEO of beer giant Anheuser Busch, was arrested for attempting to fly a helicopter while intoxicated, according to police. The Busch family scion passed a breathalyzer test, but failed field sobriety tests, leading to his arrest. Police applied for urine and blood test warrants after placing Busch under arrest. The arrest occurred after Busch landed a helicopter in a strip mall parking lot in Swansea, Ill., located about […]

todayJuly 12, 2017 16

Business & Lifestyle

Former Vanderbilt football player found guilty of rape

NASHVILLE, Tenn. -- A grand jury found a former Vanderbilt University football player of raping an unconscious female student in a teammate's dorm room back stemming from a 2013 incident in a Nashville courtroom Friday. The jury, after 15 hours of deliberations, found 23-year-old Brandon Banks guilty on charges of aggravated rape and aggravated sexual assault. The case against Banks stoked simmering concerns about sexual assault on college campuses by student-athletes. Sentencing will take place on August 18, where Banks […]

todayJune 24, 2017 24

Business & Lifestyle

UFC Hall of Famer & Former Welterweight Champion Matt Hughes Airlifted To HSHS St. John’s Hospital After Morning Accident With Train

RAYMOND/SPRINGFIELD (Heartland Newsfeed) -- A UFC Hall of Famer and former UFC Welterweight Champion was airlifted to HSHS St. John's Hospital in Springfield following an accident that involved his vehicle's collision with a train Friday morning near Raymond. According to a press release from the Illinois State Police, 43-year-old Matt Hughes of Hillsboro drove his pickup truck eastbound on Beelers Trail across a railroad grade "directly in front of a train" and was struck on the passenger side of the […]

todayJune 16, 2017 27

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