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Online loan marketplace $TREE said mortgage rates offered by lenders on its network have fallen 14BP since the UK voted to leave the EU. $TREE has seen a substantial increase in refinance requests as the market reaction to Brexit is driving down mortgage rates. The requests for purchase mortgage loans have also increased since the Brexit news.
$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.