Want to join the conversation?
Industrial conglomerate $GE reported 2Q16 earnings compared to a loss last year, on strong execution in Power, Aviation and Healthcare that offset challenging environments in Oil and Gas and Transportation. Net income was $2.8Bil or $0.30 per share, compared to a loss of $1.13Bil or $0.13 per share in 2Q15. Revenue grew by 15% to $33.49Bil.
$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.