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$KMPR said that its Property & Casualty segment's results were severely impacted by catastrophe losses in 2Q16. Alliance United's results were far below expectations in 2Q16. Results were better in Life & Health segment compared to the prior year, helped by lower legal expenses at the home service companies, the company said.
$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.