YOUR BUSINESS AUTHORITY
Springfield, MO
Uber has scaled back its initial public offering plans.
The company intends to raise over $10 billion at a valuation of $84 billion.
Previously, The Wall Street Journal reported Uber considered a valuation target of $100 billion.
PayPal separately agreed to buy $500 million worth of Uber's common stock in a private placement that's equal to the price set in the IPO.
Read more from CNN Business.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach