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GDP 2Q15 Second Estimate: Real GDP increased at an annual rate of 3.7% in the second quarter. In the first quarter, real GDP increased 0.6%. The increase in real GDP reflected positive contributions from PCE, exports, state & local government spending, nonresidential fixed investment, residential fixed investment, and private inventory investment.
$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.