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$AES 2Q15 Q&A: Turnure of JP Morgan asked about GSF reform in Brazil and the potential for that. Andrés answered that this year GSF will be between 17-19%. As a considerable cost to the generators, the total is somewhere about 30Bil Reais the people are paying. Capping of GSF discussed between government institutions.
$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.