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$T 2Q15 Q&A: Cusick of JPMorgan enquired about investments in Mexico. Michael explained that it’s $3Bil capital investment is expected over about a four year period. T will be able to come through at a CapEx in $18Bil to the total company, including Mexico CapEx and will generate free cash flow in $12Bil or better, including Mexican 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.