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Gold and copper producer $NEM said that 1Q16 underlying business improvements include reducing total injury rates by 37% vs. 1Q15, lowering the all-in sustaining cost to $828 per ounce and dropping the 2016 cost outlook by another $20 per ounce, and increasing gold production by 4% to 1.2MM ounces and copper by 3% to 38,000 tonnes.
$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.