Billion Dollar Divorce for Oklahoma Oil Man

Money-Savings

Next time, don’t forget the prenup!

Harold Hamm, named by Forbes as the 24th richest man in the world, is set to pay one of the biggest divorce settlements in history to former wife Sue Hamm. Mr. Hamm owns the largest piece of the nations most oil-rich land in North Dakota. “Mr. Hamm, who has described himself as “more hardheaded than other people,” did not have a particular document that is all but standard now whenever tycoons wed: a prenuptial agreement”. After the 9-week trial, Sue Hamm will now be amongst the richest women in the country. Mr. Hamm is required to pay his ex-wife one-third of the total settlement ($320 million) by the end of this year. Read More

Uber: Convenient Ridesharing or Public Menace?

Traffic?

Uber could be in uber trouble

Uber, a ridesharing service based in San Francisco is getting a lot of flack from local, state and international authorities. Uber is a ride sharing service that uses a smart phone app to connect drivers with passengers. Passengers sign up for an account and provide their credit card information used to pay for the ride. When they request a ride, the app provides an estimated arrival and fare before the passenger confirms and an Uber driver agrees to provide the ride. The drivers are not licensed tax drivers, just people looking to earn some cash for ridesharing. The company and its network of drivers, acting as independent contractors, are operating illegally. It is generally cheaper than a taxi which also puts them at odds with taxi drivers. They don’t pay taxi license fees or taxes so they charge less and undercut the legitimate taxi services.  Read More

Will Marijuana Breathalyzers Soon Prevent Drugged Driving?

With recreational marijuana being legalized in Washington and Colorado, medical marijuana being legal in over 20 states and the District of Columbia, and various forms of marijuana legislation pending in areas such as Oregon, Alaska, and the District of Columbia, the risk of accidents resulting from driving under the influence of marijuana are likely to increase. In an effort to make the roads safer given the trend towards the outright adult-use of marijuana, tens of millions of drivers face the possibility of a Breathalyzer test specifically for weed in the coming years. Read more

Businesses Still Recovering From Superstorm

Fish Plate, by wikipedia user Jastrow, licensed by Creative Commons

Seems a little fishy

Years ago, Hurricane Sandy struck everywhere on the East Coast of the US, from Florida all the way to Maine. Many homes, companies, and families were uprooted, including vacation spots along the cost and even in New York City. A Greek restaurant in the TriBeCa district called Thalassa is recently filed a lawsuit against their insurance provider, who denied their claim that the storm disrupted their business. A main substation in downtown Manhattan, powered by a company called Con Edison, experienced problems due to the surging waters. The Phoenix Insurance Co. states that although the business was closed for 11 days, Thalassa’s insurance does not cover this kind of disruption. Read more

Teenage Boys Take On Malaysian Airlines In Civl Suit

http://upload.wikimedia.org/wikipedia/commons/0/03/Airplane_takeoff_on_blue_sky.jpg

Malaysia Flight 370 Lawsuit

Two Malaysian teenage boys sued Malaysian Airlines and the government over the loss of their father who was on Flight 370, according to the Huffington Post. The basis for the boys’ suit is that when the plane fell from the radar during flight, the civil aviation department did not try to establish contact with the aircraft in a reasonable time. The boys also stated that the immigration department allowed passengers, who had fake identities, onto the plane.

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