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$MA said the company now has about 67% of its consumer credit cards and 24% of debit cards with chips in them in the US. Cash flow from operations for the company was $1Bil and $MA ended 1Q16 with cash, cash equivalent and other liquid investments of about $6.2Bil.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.