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$AA said that it had planned to divide into 2 publicly traded companies, which is expected to be completed in the second half of 2016. Post separation, Roy Harvey, EVP & President of Global Primary Products of $AA, will serve as CEO of the new Upstream Company. William Oplinger, EVP & CFO of $AA, will serve as the Upstream Companyâ??s CFO.
$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.