BBCNEWS World Business Report August 11, 2017
With a lawsuit for fraud. Shares of the owner of snapchat plunged 14 after the social media firm reported more than 400m in quarterly losses and fewer than expected users. Hello and welcome to World Business report. My name is susannah streeter. In a minute well look at the very expensive business of having a baby. But first, ride sharing giant ubers horrible 2017 continues. In june its co founder, Travis Kalanick, was ousted as Chief Executive after a series of scandals hit the company. He is now being sued forfraud by one of their biggest investors. Dave lee reports in san francisco. When Tr...