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Pre-opening costs were $19.5MM in 3Q15 versus $6.7MM in 3Q14 and were associated with the design and planning for $WYNN's development projects. During 3Q15, the company incurred $13.7MM in development of Wynn Palace and $5.8MM in development of the Wynn resort in Massachusetts. Pre-opening costs in 3Q14 related to Wynn Palace.
$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.