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$SO estimates its system's construction program to be $7.7Bil for 2015, $5.6Bil for 2016, and $4.3Bil for 2017. This includes expenditures related to construction and start-up of the Kemper IGCC of $834MM for 2015 and $281MM for 2016, and approx. $2.2Bil for acquisitions and/or construction of new Southern Power generating facilities in 2015.
$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.