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Coatings company $PPG said it is increasing precipitated silica production capacity at its Lake Charles, Louisiana, manufacturing plant by more than 10,000 tons per year in response to growing demand. PPG is seen to achieve capacity rise through debottlenecking projects that are already underway and expected to come online in 2H16.
$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.