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Rail transportation company $NSC continued to face economic headwinds especially with regard to energy prices. The decline in coal shipments and fuel surcharge revenue coupled with Triple Crown restructuring and reduced crude oil volume lowered topline in 2Q16. Increased shipments of cement and steel benefitted metals and construction volumes.
$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.