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$MMC's effective tax rate for 3Q15 fell to 27.9% from 29.6% last year. These rates reflect non-U.S. income taxed at rates below statutory rate, including effect of repatriation, as well as impact of discrete tax matters such as tax legislation, valuation allowances changes, resolution of tax examination and expiration of statutes of limitations.
$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.