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$JPM 2Q15 Q&A Update - Jamie, CEO: Re-pricing is a complex issue; we are really not seeing any re-pricing effectively in commercial credit. We have seen a little-bit mortgage to make-up to the extra cost in mortgage. Goal is to get proper return on your capital not necessary to show revenue growth in that line item.
$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.