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At Dec. 31, 2015, $RF's cash and cash equivalents totaled $5.3Bil as compared to $4Bil at Dec. 31, 2014. The increase was driven by rise in interest-bearing deposits in other banks as result of normal day-to-day operating variations, as well as positioning of its balance sheet related to implementation of liquidity coverage ratio.
$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.