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In 2015, $GT's raw material costs fell by approx. 11% in its tire businesses compared to last year, primarily driven by a fall in natural and synthetic rubber prices and cost savings initiatives during 2015. For 2016, the company expects its raw material costs, including raw material cost savings, to decline approx. 9% compared to 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.