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Power company $AES said its subsidiary, AES Energy Storage, has entered into 2 contracts with San Diego Gas and Electric (SDG&E). $AES will install and commission 2 energy storage arrays totaling 37.5 MW using its Advancion energy storage solution at sites in San Diego County. The energy storage arrays will be operational by end of Jan. 2017.
$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.