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$AET ended 2Q16 with 23MM medical members, essentially flat with 1Q16. Total health medical benefit ratio was 82.4%, a 130BP YoverY increase driven primarily by performance in individual commercial products and lower favorable development of prior period healthcare cost estimates in the government business.
$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.